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| Date | Value |
|---|---|
| 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% |