HCAT logo
HCAT NASDAQ US

Health Catalyst, Inc - Common stock

Health Care · Health Care Website · IPO Jul 2019
$1.17
▲ +$0.01 (+0.86%)
Vol 411K
6
Quality Score
fail
Mkt Cap
$169.0M
ROE
-30.3%
Margin
-34.1%
D/E
46.14
Beta
1.73
52W
$2–$8

Wall Street Consensus

15 analysts · Apr 2026
3
Strong Buy
4
Buy
8
Hold
0
Sell
0
Strong Sell
46.7%
Buy Rating

Price Chart

Earnings

Beat rate: 50.0%
Quarter EPS Est EPS Act Surprise
Dec 2025 $0.09 $0.08 $-0.01
Sep 2025 $0.06 $0.06 $0.00
Jun 2025 $0.03 $0.04 +$0.01
Mar 2025 $0.00 $0.01 +$0.01

Quarterly Revenue & Earnings

Quarter 2024-0… 2024-1… 2025-0… 2025-0… 2025-0… 2025-1…
Revenue $79.6M $79.4M $80.7M $76.3M $74.7M
Net Income -$20.7M -$23.7M -$41.0M -$22.2M -$91.0M

Fundamentals Trend

Metric 2025-06-30 2025-09-02 2025-10-02 2025-11-03 2025-12-03 2026-01-02
ROE (TTM) -27.7% -27.7% -27.7% -27.7% -30.3% -30.3%
P/E (TTM)
Net Margin -50.8% -31.7% -31.7% -31.7% -34.0% -34.0%
Gross Margin 47.7% 46.0% 46.0% 46.0% 47.5% 47.5%
D/E Ratio 44.03 44.03 44.03 44.03 46.14 46.14
Current Ratio 1.83 1.83 1.83 1.83 1.88 1.88

Key Ratios

ROA (TTM)
-14.6%
P/S (TTM)
0.53
P/B
1.2
EPS (TTM)
$-1.58
CF/Share
$-1.44
Rev Growth 3Y
+8.2%
52W High
$7.65
52W Low
$2.02
$2.02 52-Week Range $7.65

Financial Health

Free Cash Flow
$4.3M
Net Debt
$120.4M
Cash
$50.8M
Total Debt
$171.2M
As of Dec 31, 2025

How does HCAT compare to Health Care peers?

Peer group: Micro-cap Health Care (All) · 241 companies

HCAT valuation vs Health Care peers

P/E ratio
0% below peers (30.7)
vs Peers
vs Industry
Undervalued
P/S ratio
0.5
79% below peers (2.6)
vs Peers
vs Industry
Undervalued
P/B ratio
1.2
58% below peers (2.8)
vs Peers
vs Industry
Undervalued
Div yield
0% below peers (0.7%)
vs Peers
vs Industry
Low yield

HCAT profitability vs Health Care peers

ROE
-30.3%
21% above peers (-38.5%)
vs Peers
vs Industry
Below avg
Net margin
-34.1%
38% below peers (-24.7%)
vs Peers
vs Industry
Below avg
Gross margin
47.5%
10% below peers (52.9%)
vs Peers
vs Industry
Weak
ROA
-14.6%
31% above peers (-21.2%)
vs Peers
vs Industry
Below avg

HCAT financial health vs Health Care peers

D/E ratio
46.1
139% above peers (19.3)
vs Peers
vs Industry
High debt
Current ratio
1.9
13% below peers (2.2)
vs Peers
vs Industry
In line
Beta
1.7
65% above peers (1.1)
vs Peers
vs Industry
More volatile

HCAT fundamentals radar

HCAT Peer median Industry

HCAT profitability vs leverage

Bubble size = market cap · X = net margin · Y = D/E ratio

HCAT vs peers: key metrics

Insider Activity

Neutral
Buys
0
Sells
0
LARSON-GREEN JULIE
Director · Feb 27
8361 shs
LLEWELYN LINDA
Officer · Feb 25
204695 shs
ALGER JASON
Chief Financial Officer · Feb 25
529722 shs
LANDRY BENJAMIN
General Counsel · Feb 25
305473 shs
ALBERT BENJAMIN
Chief Executive Officer · Feb 25
968833 shs
GALLAGHER DUNCAN P
Director · Feb 17
7562 shs
Last 90 days

Top Holders

Top 5: 41.18%
First Light Asset Managemen…
17.55%
$14.3M
Blackrock Inc.
7.06%
$5.7M
Vanguard Group Inc
6.03%
$4.9M
Cdc Financial, Inc.
5.44%
$4.4M
Whetstone Capital Advisors,…
5.10%
$4.1M
As of Dec 31, 2025