Healthcare Triangle (HCTI) Payables (2020 - 2026)
Healthcare Triangle (HCTI) reported Payables of $10.36 million for Q2 2026, up 91.4% from $5.42 million a year earlier but down 16.3% from the prior quarter.
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Analysis
Healthcare Triangle (HCTI) Payables (2020 - 2026) Analysis & Trends
At the end of FY2025, Healthcare Triangle posted Payables of $11.48 million, up 121.3% from FY2024.
- Payables has a five-year compound annual growth rate of 17.6% (FY2020 to FY2025).
- By year, Payables came in at $5.19 million in FY2024 (-9.6%), $5.74 million in FY2023 (+37.8%), $4.17 million in FY2022 (+2.1%) and $4.08 million in FY2021 (-20.0%).
- Five-year quarterly Payables spans a low of $2.39 million in Q1 2025 and a high of $12.38 million in Q1 2026.
- Year over year, Payables has now increased in each of the last five quarters, with growth averaging 94.4% over the last eight quarters.
- The high point for year-over-year Payables in five years was Q1 2026 (growth of 417.2%); the low point was Q1 2025 (a decline of 37.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $12.38 million (Q1 2026), $11.48 million (Q4 2025) and $8.5 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 290.00 Mn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 114.49 Mn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 282.50 Mn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 185.25 Mn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 313.53 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 269.96 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 10.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | 47.97 Mn |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 12.65 Bn |
| 10 | Healthcare Triangle | 2.10 Mn | -13.46 Mn | 2.07 Mn | 10.36 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.36 Mn |
| Mar 31, 2026 | 12.38 Mn |
| Dec 31, 2025 | 11.48 Mn |
| Sep 30, 2025 | 8.50 Mn |
| Jun 30, 2025 | 5.42 Mn |
| Mar 31, 2025 | 2.39 Mn |
| Dec 31, 2024 | 5.19 Mn |
| Sep 30, 2024 | 3.38 Mn |
| Jun 30, 2024 | 3.66 Mn |
| Mar 31, 2024 | 3.81 Mn |
| Dec 31, 2023 | 5.74 Mn |
| Sep 30, 2023 | 4.64 Mn |
| Jun 30, 2023 | 4.46 Mn |
| Mar 31, 2023 | 4.25 Mn |
| Dec 31, 2022 | 4.17 Mn |
| Sep 30, 2022 | 3.92 Mn |
| Jun 30, 2022 | 4.48 Mn |
| Mar 31, 2022 | 3.29 Mn |
| Dec 31, 2021 | 4.08 Mn |
| Sep 30, 2021 | 4.58 Mn |
API Access
Healthcare Triangle Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=HCTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "HCTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=HCTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();