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

Healthcare Triangle (HCTI) reported Operating Margin of 36.76% for Q1 2026, up 98.0% on a YoY basis from 18.57% in Q1 2025, and up 74.03% sequentially from 141.54% in Q4 2025.

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

Healthcare Triangle (HCTI) has 7 years of Operating Margin data on file, last reported at 36.76% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin rose 98.0% year-over-year to 36.76%; the trailing twelve-month figure through Mar 2026 stood at 59.96% (down 2062.0% YoY), and the FY2025 full-year result was 70.47%, down 2985.0% from the prior year.
  • Operating Margin improved to 36.76% in Q1 2026, 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.
  • A 5-year average of 42.43% and a median of 36.76% in 2026 frame the typical range for Operating Margin.
  • Across the five-year window, Operating Margin soared 7512 bps in 2023 and tumbled 11880 bps in 2025, its largest moves.
  • Tracing HCTI's Operating Margin over 5 years: stood at 94.48% in 2022, then surged by 80 bps to 19.36% in 2023, then declined by 17 bps to 22.74% in 2024, then tumbled by 522 bps to 141.54% in 2025, then soared by 74 bps to 36.76% in 2026.
  • Business Quant data shows HCTI's Operating Margin at 36.76% in Q1 2026, 141.54% in Q4 2025, and 74.26% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Veeva Systems 31.81 Bn 24.49 Bn 662.02 Mn 30.93%
2 BrightSpring Health Services 14.76 Bn 13.86 Bn 482.22 Mn 3.36%
3 Healthequity 8.36 Bn 8.10 Bn 256.31 Mn 29.03%
4 Hinge Health 5.91 Bn 5.60 Bn 154.23 Mn 17.59%
5 10x Genomics 5.89 Bn 5.35 Bn 106.18 Mn -11.30%
6 MiniMed 4.45 Bn 4.16 Bn 480.00 Mn -11.11%
7 Waystar Holding 4.41 Bn 4.35 Bn 216.84 Mn 25.64%
8 Doximity 3.93 Bn 3.18 Bn 125.97 Mn 17.08%
9 Privia Health 3.10 Bn 2.68 Bn - 1.23%
10 Healthcare Triangle 1.57 Mn -2.75 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%