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Health Catalyst HCAT Operating margin

Operating margin at other companies

Oracle logo
OracleORCL
30.6%-0.4pp
Definitive Healthcare Corp. logo
Definitive Healthcare Corp.DH
-101.1%-42.1pp
CareCloud, Inc. logo
CareCloud, Inc.CCLD
8.3%-1.5pp
National Research Corporation logo
National Research CorporationNRC
16.4%-8.2pp
Evolent Health, Inc. logo
Evolent Health, Inc.EVH
-22.2%-23.5pp
Cognizant logo
CognizantCTSH
15.8%+0.6pp

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
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

Calculated from Health Catalyst’s reported figures.

Based on trailing twelve months.

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 operating margin?
Health Catalyst (HCAT) reported operating margin of -81.7% in Q1 2026.
How has Health Catalyst's operating margin changed year-over-year?
Health Catalyst's operating margin decreased by 278.7% year-over-year, from -21.6% to -81.7%.
What is the long-term trend for Health Catalyst's operating margin?
Over 5 years (2020 to 2025), Health Catalyst's operating margin has grown at a 0.3% compound annual growth rate (CAGR), from -50.9% to -51.7%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.