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Health Catalyst HCAT Capitalized Of Internal Use Software

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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 hcat:CapitalizedOfInternalUseSoftware.

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 capitalized of internal use software?
Health Catalyst (HCAT) reported capitalized of internal use software of $4.6M in Q1 2026.
How has Health Catalyst's capitalized of internal use software changed year-over-year?
Health Catalyst's capitalized of internal use software decreased by 1.2% year-over-year, from $4.66M to $4.6M.
What is the long-term trend for Health Catalyst's capitalized of internal use software?
Over 4 years (2021 to 2025), Health Catalyst's capitalized of internal use software has grown at a 31.4% compound annual growth rate (CAGR), from $6.64M to $19.78M.
What does capitalized of internal use software mean?
This represents the cash outflows associated with the development of software intended for internal use, which are capitalized rather than expensed immediately. It reflects the company's investment in its own technological infrastructure and long-term operational capabilities. High levels of capitalization indicate a focus on building proprietary platforms to drive future efficiency.