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Health Catalyst HCAT Professional Services — Revenue

Other product segments

Recurring technology
$51.87M+0.5%
Technology
$49.47M-3.9%

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Other financials

Income statement

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Revenue$70.8M-10.9%
Gross profit$35.5M-2.1%
Operating income-$106.5M-428%
Net income-$111.0M-368%
EPS (diluted)-$1.53-337%

Balance sheet

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Cash & equivalents$59.9M-82.5%
Total debt$170.6M-57.6%
Total equity$138.1M-63.3%
Total assets$412.2M-53.8%

Cash flow

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Operating cash flow$18.5M+6,511%
CapEx$338.0K-49.6%
Free cash flow$18.2M+4,760%

Valuation

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Market cap$147.05M-43.6%
Enterprise value$257.76M-32.7%
P/S0.5×-0.3×

Profitability

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Gross margin49.9%+4.7pp
Operating margin-81.7%-127pp
Net margin-87.7%-138pp
FCF margin-0.8%-0.4pp

Returns & leverage

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Return on equity-103%-135pp
Debt / equity1.2×+0.2×
Current ratio1.7×+0.4×

Where this comes from

Reported directly by Health Catalyst in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Health Catalyst’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Health Catalyst's professional services — revenue?
Health Catalyst (HCAT) reported professional services — revenue of $21.29M in Q1 2026.
How has Health Catalyst's professional services — revenue changed year-over-year?
Health Catalyst's professional services — revenue decreased by 23.8% year-over-year, from $27.93M to $21.29M.
What is the long-term trend for Health Catalyst's professional services — revenue?
Over 4 years (2021 to 2025), Health Catalyst's professional services — revenue has grown at a 2.2% compound annual growth rate (CAGR), from $94.21M to $102.86M.
What does professional services — revenue mean?
This metric measures the total gross revenue generated by the professional services segment, which typically includes analytics, implementation, and strategic consulting engagements. It reflects the scale of the company's service-based operations and its ability to monetize expertise alongside its core technology offerings. Tracking this revenue stream helps investors understand the diversification of the company's income sources.