Health Catalyst (HCAT) Stock Price

Health Catalyst Price

🇺🇸NASDAQ·CLOSED
1.74USD
Market closed
Today +/-
Today %

Health Catalyst (HCAT) Stock | ISIN US42225T1079 | WKN A2PH3J. The current Health Catalyst stock price is 1.74 USD (2026). Revenue is 289.67 M USD. Net income is 25.5 M USD. The P/E ratio is 4.77. Market capitalization is 121.62 M USD. Health Catalyst operates in the Health sector.

Revenue has compounded at 19.8% per year over the past 8 years to 311.14 M USD. Health Catalyst's net margin stands at -57.2%, up from -63.3% several years earlier.

Health Catalyst stock price

Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Health Catalyst over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Health Catalyst stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Health Catalyst's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Health Catalyst Stock Price History
DateHealth Catalyst Price
Access this data via the Eulerpool API

Health Catalyst Revenue, EBIT, Net Income

  • 3 Years

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2017
73.1 M USD
-45.5 M USD
-58.8 M USD
Jan 1, 2018
112.6 M USD
-60.1 M USD
-114 M USD
Jan 1, 2019
154.9 M USD
-54.4 M USD
-240.9 M USD
Jan 1, 2020
188.8 M USD
-93.4 M USD
-115 M USD
Jan 1, 2021
241.9 M USD
-115.8 M USD
-153.2 M USD
Jan 1, 2022
276.2 M USD
-135.1 M USD
-137.4 M USD
Jan 1, 2023
295.94 M USD
-86.96 M USD
-118.15 M USD
Jan 1, 2024
306.58 M USD
-55.45 M USD
-69.5 M USD
Jan 1, 2025
311.14 M USD
-36.1 M USD
-177.97 M USD
Invalid Date
289.67 M USD
-17.83 M USD
25.5 M USD
Invalid Date
290.8 M USD
-10.66 M USD
30.78 M USD
Invalid Date
322.2 M USD
-2.61 M USD
26.38 M USD

Health Catalyst Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 22, 2026, 2:09 AM
 
REVENUE (M USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
SHARES (M)
DOCUMENTS
202120222023202420252026e2027e2028e
241276295306311289290322
28.1914.526.883.731.63-7.070.3511.03
48.5548.5545.4246.0849.5253.2953.147.83
117134134141154154154154
-153-137-118-69-177253026
33.04-10.46-13.87-41.53156.52-114.1220-13.33
47.553.756.4260.1969.969.969.969.9
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Health Catalyst generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Health Catalyst retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Health Catalyst's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Health Catalyst has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Health Catalyst's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Health Catalyst stock margins

The Health Catalyst margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Health Catalyst. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Health Catalyst.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2017
40.22 %
-62.24 %
-80.44 %
Jan 1, 2018
46.8 %
-53.37 %
-101.24 %
Jan 1, 2019
52.23 %
-35.12 %
-155.52 %
Jan 1, 2020
48.09 %
-49.47 %
-60.91 %
Jan 1, 2021
48.7 %
-47.87 %
-63.33 %
Jan 1, 2022
48.59 %
-48.91 %
-49.75 %
Jan 1, 2023
45.56 %
-29.38 %
-39.92 %
Jan 1, 2024
46.25 %
-18.09 %
-22.67 %
Jan 1, 2025
49.7 %
-11.6 %
-57.2 %
Invalid Date
49.7 %
-6.15 %
8.8 %
Invalid Date
49.7 %
-3.67 %
10.58 %
Invalid Date
49.7 %
-0.81 %
8.19 %

Health Catalyst Stock Revenue, EBIT, Earnings per Share

The Health Catalyst earnings per share therefore indicates how much revenue Health Catalyst has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2017
2.08 USD
-1.3 USD
-1.68 USD
Jan 1, 2018
3.21 USD
-1.71 USD
-3.25 USD
Jan 1, 2019
8.28 USD
-2.91 USD
-12.88 USD
Jan 1, 2020
4.78 USD
-2.36 USD
-2.91 USD
Jan 1, 2021
5.09 USD
-2.44 USD
-3.23 USD
Jan 1, 2022
5.14 USD
-2.52 USD
-2.56 USD
Jan 1, 2023
5.25 USD
-1.54 USD
-2.09 USD
Jan 1, 2024
5.09 USD
-0.92 USD
-1.15 USD
Jan 1, 2025
4.45 USD
-0.52 USD
-2.55 USD
Invalid Date
4.14 USD
-0.26 USD
0.36 USD
Invalid Date
4.16 USD
-0.15 USD
0.44 USD
Invalid Date
4.61 USD
-0.04 USD
0.38 USD

Health Catalyst business model & stock analysis

Health Catalyst Inc is a US-based company specializing in the analysis and management of healthcare data. The company was founded in 2008 by Tom Burton, Steve Barlow, and Dale Sanders in Salt Lake City and has since undergone impressive growth. Health Catalyst's story began with the goal of creating a better healthcare system based on strong data analysis and data-driven decision-making. The founders recognized that the lack of data analysis and consistent data quality in the healthcare industry led to inefficient processes and high costs. The company set out to solve these problems and contribute to better patient care and cost savings. Health Catalyst is divided into several divisions to offer a wide range of solutions for the healthcare industry. These include the areas of data and analytics platform, clinical decision support, population health management, and medical imaging. Health Catalyst's platform offers comprehensive data analysis and process improvements in key areas of business to support high-quality healthcare. In the field of clinical decision support, Health Catalyst provides analysis and tools to make clinical decisions based on data and evidence-based medicine. Health Catalyst's Population Health Management division helps insurers and healthcare providers optimize population health management based on data analysis to achieve better outcomes with reduced costs. In the medical imaging field, Health Catalyst offers solutions to improve workflow integration and quality improvements for medical images and data. Health Catalyst's products include the Analytics platform, a comprehensive platform for managing healthcare data for clinical, financial, and operational decision-making. Health Catalyst's clinical workflow applications support doctors and nurses in making informed decisions and providing optimal care to patients. Health Catalyst's product line for Population Health Management provides tools for risk assessment, population health analysis, and clinical decision support for insurance companies and healthcare providers. Health Catalyst's business model is based on the sale of software products, services, and subscriptions for the use of the healthcare data analytics platform. The company targets a broad customer base, including hospitals, clinics, healthcare providers, insurers, and government agencies. Health Catalyst has become a leading provider of healthcare data analytics and decision support systems. The company has built a global presence by offering solutions to healthcare companies worldwide. Health Catalyst has become a strong innovator in the industry by developing innovative technologies and integrating insights from its extensive data analysis into clinical and operational decisions. Overall, Health Catalyst has a strong vision for the future of healthcare. The company helps overcome the numerous challenges in the healthcare industry by focusing on data analytics and evidence-based decision-making. Health Catalyst's innovative technologies and solutions are expected to contribute to improving healthcare and making it more cost-effective in the coming years.

Health Catalyst SWOT Analysis

Strengths

Health Catalyst Inc. has a strong reputation in the healthcare industry, known for their data analytics solutions and expertise.

The company's software platform offers a comprehensive range of tools and features, providing advanced data-driven insights to healthcare organizations.

Health Catalyst Inc. has a talented and experienced team of data scientists and healthcare professionals, enabling them to develop innovative solutions tailored to meet the specific needs of their clients.

Weaknesses

One weakness of Health Catalyst Inc. is their relatively limited market presence compared to some larger competitors in the industry.

The company may face challenges in terms of scalability, as their solutions require significant infrastructure and resources to implement and maintain.

Health Catalyst Inc. may also struggle to keep up with the rapidly evolving technological landscape and changing healthcare regulations, which could impact the effectiveness of their solutions.

Opportunities

The increasing demand for data-driven healthcare solutions presents a significant opportunity for Health Catalyst Inc. to expand their market share and reach.

The company can leverage their expertise in data analytics to develop new products and services that cater to emerging healthcare trends and challenges.

Health Catalyst Inc. can also explore strategic partnerships and collaborations with other healthcare organizations to further enhance their offerings and broaden their customer base.

Threats

One of the major threats faced by Health Catalyst Inc. is the intense competition in the healthcare data analytics market, with numerous well-established players vying for market dominance.

Changes in healthcare policies and regulations can also pose a threat, as organizations may need to adapt or modify their software solutions to remain compliant.

Additionally, cyber threats and data breaches pose a significant risk to the company and its clients, requiring strong security measures and continuous monitoring.

Health Catalyst Segments

Health Catalyst Revenue by Segment (1/4)

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  • 5 Years

  • Max

Technology
Revenue
Professional services
Details
Date
Technology
Revenue
Professional services
Jan 1, 2019
83.98 M USD
0 USD
70.97 M USD
Jan 1, 2020
110.47 M USD
0 USD
78.38 M USD
Jan 1, 2021
147.72 M USD
0 USD
94.21 M USD
Jan 1, 2022
176.29 M USD
0 USD
99.95 M USD
Jan 1, 2023
187.58 M USD
0 USD
108.36 M USD
Jan 1, 2024
0 USD
194.85 M USD
111.73 M USD
Jan 1, 2025
208.28 M USD
0 USD
102.86 M USD

Health Catalyst Revenue by Segment (2/4)

  • 3 Years

  • 5 Years

  • Max

Recurring technology
One-time technology (i.e., perpetual license)
Details
Date
Recurring technology
One-time technology (i.e., perpetual license)
Jan 1, 2019
83.79 M USD
184,000 USD
Jan 1, 2020
0 USD
0 USD
Jan 1, 2021
0 USD
0 USD
Jan 1, 2022
0 USD
0 USD
Jan 1, 2023
187.23 M USD
357,000 USD
Jan 1, 2024
194.85 M USD
0 USD
Jan 1, 2025
208.28 M USD
0 USD

Health Catalyst Revenue by Segment (3/4)

  • 3 Years

  • 5 Years

  • Max

Recurring technology
One-time technology (i.e., perpetual license)
Details
Date
Recurring technology
One-time technology (i.e., perpetual license)
Jan 1, 2019
0 USD
0 USD
Jan 1, 2020
110.47 M USD
0 USD
Jan 1, 2021
147.45 M USD
272,000 USD
Jan 1, 2022
175.81 M USD
480,000 USD
Jan 1, 2023
0 USD
0 USD
Jan 1, 2024
0 USD
0 USD
Jan 1, 2025
0 USD
0 USD

Health Catalyst Revenue by Segment (4/4)

  • 3 Years

  • 5 Years

  • Max

Technology
Revenue
Professional services
Details
Date
Technology
Revenue
Professional services
Jan 1, 2019
83.98 M USD
0 USD
70.97 M USD
Jan 1, 2020
110.47 M USD
0 USD
78.38 M USD
Jan 1, 2021
147.72 M USD
0 USD
94.21 M USD
Jan 1, 2022
176.29 M USD
0 USD
99.95 M USD
Jan 1, 2023
187.58 M USD
0 USD
108.36 M USD
Jan 1, 2024
0 USD
194.85 M USD
111.73 M USD
Jan 1, 2025
208.28 M USD
0 USD
102.86 M USD

Health Catalyst Eulerpool Fair Value

Health Catalyst historical P/E ratio, EBIT multiple, and P/S ratio

Health Catalyst annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Health Catalyst shares outstanding

The number of shares was Health Catalyst in 2025 — This indicates how many shares 69.896 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2017
35.1 M base_Shares
Jan 1, 2018
35.1 M base_Shares
Jan 1, 2019
18.7 M base_Shares
Jan 1, 2020
39.5 M base_Shares
Jan 1, 2021
47.5 M base_Shares
Jan 1, 2022
53.7 M base_Shares
Jan 1, 2023
56.42 M base_Shares
Jan 1, 2024
60.19 M base_Shares
Jan 1, 2025
69.9 M base_Shares
Invalid Date
69.9 M base_Shares
Invalid Date
69.9 M base_Shares
Invalid Date
69.9 M base_Shares
Price targets and forecasts for Health Catalyst are not yet available.

Health Catalyst Earnings Estimates

Health Catalyst Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
5/12/20260.02USD70.55 MUSD2026 Q1
5/11/20260.02USD70.55 MUSD2026 Q1
5/5/20260.02USD70.55 MUSD2026 Q1
3/12/20260.09USD75.46 MUSD2025 Q4
3/3/20260.09USD75.46 MUSD2025 Q4
2/24/20260.09USD75.46 MUSD2025 Q4
8/7/20250.03USD82.22 MUSD2025 Q2
11/12/20240.1USD77.76 MUSD2024 Q3
5/7/20240USD81.9 MUSD2024 Q1
2/26/2024-0USD74.83 MUSD2023 Q4

EESG©

Eulerpool ESG Scorecard© for the Health Catalyst stock

50/100
11
Environment
82
Social
58
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees40
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees18
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Health Catalyst shareholder structure

% Name
18.47162%
First Light Asset Management, LLC
First Light Asset Management, LLC
6.49181%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
6.14756%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
6.10612%
Whetstone Capital Advisors, LLC
Whetstone Capital Advisors, LLC
5.72571%
CDC Financial, Inc.
CDC Financial, Inc.
5.57639%
Stoney Lonesome HF LP
Stoney Lonesome HF LP
3.93441%
Impax Asset Management LLC
Impax Asset Management LLC
2.74092%
Nepsis, Inc.
Nepsis, Inc.
2.38708%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
2.34853%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.
...

Health Catalyst Executives and Management Board

BL

Mr. Benjamin Landry

(43)

General Counsel, Corporate Secretary

Compensation1.57 M USD
LL

Ms. Linda Llewelyn

(58)

Chief People Officer

Compensation1.41 M USD
JA

Mr. Jason Alger

(41)

Chief Financial Officer

Compensation1.29 M USD
JK

Mr. John Kane

(72)

Director

Compensation316,161 USD
JL

Ms. Julie Larson-Green

(63)

Independent Director

Compensation233,493 USD

Health Catalyst Supply Chain

Frequently asked questions about Health Catalyst

The business model of Health Catalyst Inc is focused on providing data and analytics solutions to healthcare organizations. The company aims to enable these organizations in improving patient outcomes, reducing costs, and enhancing operational efficiency by leveraging their vast amount of healthcare data. Health Catalyst offers a comprehensive suite of products and services, including a data platform, analytics applications, and expertise in areas such as quality measures, population health management, and care coordination. By utilizing advanced data analytics, Health Catalyst assists healthcare organizations in making informed decisions, identifying areas for improvement, and ultimately transforming the way healthcare is delivered.

All fundamentals and in-depth analysis of Health Catalyst

Our stock analysis for Health Catalyst Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Health Catalyst Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.