Healthcare Triangle (HCTI) Operating Margin (2020 - 2026)

Healthcare Triangle's (HCTI) quarterly Operating Margin came in at 36.76% in Q1 2026, up 98.0% year-on-year from 18.57% in Q1 2025, and up 74.03% quarter-over-quarter from 141.54% in Q4 2025.

Healthcare Triangle (HCTI) Operating Margin (2020 - 2026) Analysis & Trends

Healthcare Triangle has disclosed Operating Margin across 7 years of filings, most recently posting 36.76% for Q1 2026.

  • Operating Margin for Q1 2026 came in at 36.76%, up 98.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 59.96% (down 2062.0% YoY), and the FY2025 annual result was 70.47%, down 2985.0% from the prior year.
  • Operating Margin came in at 36.76% for Q1 2026 at Healthcare Triangle, up from 141.54% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 12.37% in Q2 2022 to a low of 141.54% in Q4 2025.
  • The 5-year median for Operating Margin is 36.76% (2026), against an average of 42.43%.
  • Across the five-year window, Operating Margin soared 7512 bps in 2023 and sank 11880 bps in 2025, its largest moves.
  • Healthcare Triangle's Operating Margin stood at 94.48% in 2022, then soared by 80 bps to 19.36% in 2023, then fell by 17 bps to 22.74% in 2024, then slumped by 522 bps to 141.54% in 2025, then jumped by 74 bps to 36.76% in 2026.
  • The last three Operating Margin figures came in at 36.76% (Q1 2026), 141.54% (Q4 2025), and 74.26% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 30.93%
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 3.36%
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 29.03%
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 17.59%
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn -11.30%
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 17.08%
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 25.64%
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn 1.23%
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 5.44%
10 Healthcare Triangle 2.10 Mn -2.27 Mn 2.39 Mn -36.76%

Historic Data

Download Data
DateValue
Mar 31, 2026 -36.76%
Dec 31, 2025 -141.54%
Sep 30, 2025 -74.26%
Jun 30, 2025 -38.20%
Mar 31, 2025 -37.74%
Dec 31, 2024 -22.74%
Sep 30, 2024 -48.36%
Jun 30, 2024 -46.18%
Mar 31, 2024 -41.69%
Dec 31, 2023 -19.36%
Sep 30, 2023 -19.59%
Jun 30, 2023 -18.71%
Mar 31, 2023 -32.62%
Dec 31, 2022 -94.48%
Sep 30, 2022 -18.80%
Jun 30, 2022 -12.37%
Mar 31, 2022 -17.85%
Dec 31, 2021 -36.34%
Sep 30, 2021 -21.91%
Jun 30, 2021 4.67%