Healthcare Triangle (HCTI) Operating Expenses (2020 - 2026)
Healthcare Triangle's (HCTI) quarterly Operating Expenses came in at $6.0 million in Q1 2026, up 248.35% year-on-year from $1.7 million in Q1 2025, and up 23.0% quarter-over-quarter from $4.9 million in Q4 2025.
Healthcare Triangle (HCTI) Operating Expenses (2020 - 2026) Analysis & Trends
Healthcare Triangle has disclosed Operating Expenses across 7 years of filings, most recently posting $6.0 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $6.0 million, up 248.35% year-over-year; the trailing twelve-month figure through Mar 2026 was $16.0 million (up 140.28% YoY), and the FY2025 annual result was $11.7 million, up 52.85% from the prior year.
- Operating Expenses came in at $6.0 million for Q1 2026 at Healthcare Triangle, up from $4.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $12.5 million in Q4 2022 to a low of $754000.0 in Q4 2024.
- The 5-year median for Operating Expenses is $3.2 million (2023), against an average of $4.0 million.
- Across the five-year window, Operating Expenses slumped 76.79% in 2023 and soared 548.67% in 2025, its largest moves.
- Healthcare Triangle's Operating Expenses stood at $12.5 million in 2022, then tumbled by 76.79% to $2.9 million in 2023, then sank by 73.97% to $754000.0 in 2024, then jumped by 548.67% to $4.9 million in 2025, then increased by 23.0% to $6.0 million in 2026.
- The last three Operating Expenses figures came in at $6.0 million (Q1 2026), $4.9 million (Q4 2025), and $3.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 388.91 Mn |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 360.77 Mn |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 153.36 Mn |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 122.16 Mn |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | 123.22 Mn |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 101.14 Mn |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 233.41 Mn |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 596.43 Mn |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 123.51 Mn |
| 10 | Healthcare Triangle | 2.10 Mn | -2.27 Mn | 2.39 Mn | 6.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.02 Mn |
| Dec 31, 2025 | 4.89 Mn |
| Sep 30, 2025 | 3.21 Mn |
| Jun 30, 2025 | 1.85 Mn |
| Mar 31, 2025 | 1.73 Mn |
| Dec 31, 2024 | 754,000.00 |
| Sep 30, 2024 | 1.89 Mn |
| Jun 30, 2024 | 2.28 Mn |
| Mar 31, 2024 | 2.73 Mn |
| Dec 31, 2023 | 2.90 Mn |
| Sep 30, 2023 | 3.23 Mn |
| Jun 30, 2023 | 3.54 Mn |
| Mar 31, 2023 | 4.80 Mn |
| Dec 31, 2022 | 12.48 Mn |
| Sep 30, 2022 | 5.68 Mn |
| Jun 30, 2022 | 4.59 Mn |
| Mar 31, 2022 | 4.87 Mn |
| Dec 31, 2021 | 5.61 Mn |
| Sep 30, 2021 | 4.50 Mn |
| Jun 30, 2021 | 2.88 Mn |