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Health Catalyst HCAT Recurring technology — Revenue

Other product segments

Technology
$49.47M-3.9%
Professional Services
$21.29M-23.8%

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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 recurring technology — revenue?
Health Catalyst (HCAT) reported recurring technology — revenue of $49.47M in Q1 2026.
How has Health Catalyst's recurring technology — revenue changed year-over-year?
Health Catalyst's recurring technology — revenue decreased by 3.9% year-over-year, from $51.48M to $49.47M.
What is the long-term trend for Health Catalyst's recurring technology — revenue?
Over 4 years (2021 to 2025), Health Catalyst's recurring technology — revenue has grown at a 9.0% compound annual growth rate (CAGR), from $147.45M to $208.28M.
What does recurring technology — revenue mean?
This metric represents the total revenue generated from cloud-based subscription arrangements, software licenses, and associated maintenance and support services within the technology segment. It serves as a primary indicator of the company's ability to scale its core data platform and analytics software offerings. Growth in this segment reflects the successful adoption and retention of the company's technology solutions by healthcare organizations.