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Health Catalyst HCAT Technology — Revenue

Other product segments

Recurring technology
$51.87M+0.5%
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 technology — revenue?
Health Catalyst (HCAT) reported technology — revenue of $49.47M in Q1 2026.
How has Health Catalyst's technology — revenue changed year-over-year?
Health Catalyst's 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 technology — revenue?
Over 4 years (2021 to 2025), Health Catalyst's technology — revenue has grown at a 9.0% compound annual growth rate (CAGR), from $147.72M to $208.28M.
What does technology — revenue mean?
This metric represents the total gross revenue recognized from the technology segment, encompassing cloud-based subscriptions, software licenses, and related support services. It serves as the primary measure of the segment's market reach and business volume. Tracking this revenue stream is essential for understanding the company's overall growth trajectory and its success in expanding its technology footprint.