Health Catalyst, Inc. (HCAT)

Health Catalyst Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	311.14	306.58	295.94	276.24	241.93
Revenue Growth (YoY)	1.49%	3.60%	7.13%	14.18%	28.11%
Cost of Revenue	159.46	165.81	164.11	143.05	124.35
Gross Profit	151.68	140.78	131.83	133.19	117.57
Selling, General & Admin	102.04	111.2	143.88	149.22	160.96
Depreciation & Amortization Expenses	50.5	41.43	42.22	48.3	37.53
Research & Development	49.77	57.95	72.63	75.68	62.73
Other Operating Expenses	110.22	-	-	-	-
Total Operating Expenses	312.53	210.59	258.73	273.19	261.22
Operating Income	-160.85	-69.81	-126.9	-140.01	-143.65
Total Non-Operating Income (Expense)	-16.4	0.64	9.11	-1.68	-16.46
Pretax Income	-177.26	-69.17	-117.79	-141.68	-160.11
Provision for Income Taxes	-0.72	-0.33	-0.36	4.28	6.9
Net Income	-177.97	-69.5	-118.15	-137.4	-153.21
Net Income to Common	-177.97	-69.5	-118.15	-137.4	-153.21
Shares Outstanding (Basic)	70	60	56	54	47
Shares Outstanding (Diluted)	70	60	56	54	47
Shares Change (YoY)	16.13%	6.68%	4.32%	13.86%	20.12%
EPS (Basic)	-2.55	-1.15	-2.09	-2.56	-3.23
EPS (Diluted)	-2.55	-1.15	-2.09	-2.63	-3.23
Shares Outstanding	72.03	64.04	58.3	55.26	52.62
Free Cash Flow	-0.24	12.94	-34.32	-37.44	-33.57
Free Cash Flow Per Share	-0.00	0.22	-0.61	-0.69	-0.71
Gross Margin	48.75%	45.92%	44.55%	48.21%	48.60%
Operating Margin	-51.70%	-22.77%	-42.88%	-50.68%	-59.38%
Profit Margin	-57.20%	-22.67%	-39.92%	-49.74%	-63.33%
FCF Margin	-0.08%	4.22%	-11.60%	-13.55%	-13.88%
EBITDA	-110.35	-28.38	-84.67	-91.71	-106.12
EBITDA Margin	-35.47%	-9.26%	-28.61%	-33.20%	-43.87%
EBIT	-160.85	-69.81	-126.9	-140.01	-143.65
EBIT Margin	-51.70%	-22.77%	-42.88%	-50.68%	-59.38%
Effective Tax Rate	0.40%	0.48%	0.30%	-3.02%	-4.31%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q