Health Catalyst, Inc. (HCAT) Earnings History

Health Catalyst, Inc. - FY 2025 Earnings

Filed at: Jan 12, 2026, 4:26 PM EST|Read from source

EXECUTIVE SUMMARY

Health Catalyst is reporting preliminary full-year 2025 results that are expected to slightly exceed revenue guidance and be in line with Adjusted EBITDA guidance, driven by strong client acquisition and retention.

POSITIVE HIGHLIGHTS

  • •

    Total Revenue is expected to slightly exceed guidance of ~$310M.

    positive
  • •

    Net new Platform Clients were 32, ahead of the target of 30.

    positive
  • •

    Average ARR + non-recurring revenue near the midpoint of the $300k to $700k range.

    neutral

CONCERNS & RISKS

  • •

    Dollar-Based Retention Rate was 93%, indicating potential churn or reduced spending from existing clients.

    attention
  • •

    The company plans to increase investment in India and AI in 2026, which will increase the cost structure earlier in the year.

    attention
  • •

    Some clients prefer to remain on DOS, suggesting potential delays or challenges in the Ignite migration.

    attention

FINANCIAL METRICS

Revenue
Quarterly
N/A
N/A
Annual (YTD)
$310.00M
N/A
Net Income
Quarterly
N/A
N/A
EPS (Diluted)
Quarterly
N/A
N/A
Operating Income
Quarterly
N/A
N/A
EPS (Basic)
Quarterly
N/A
N/A

MARGIN ANALYSIS

Margin metrics will be available once backend extracts data from insights_json

MANAGEMENT GUIDANCE

FY 2025

revenue
"Expected to slightly exceed guidance"
Adjusted EBITDA
"Expected to be in line with guidance"

Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.

MANAGEMENT COMMENTARY

Sharpening strategic focus on areas of clear differentiation and measurable client value.

— Health Catalyst, Inc., FY 2025 2025 Earnings Call

Assessing opportunities to rebalance investment and exit initiatives to enhance client ROI and shareholder value.

— Health Catalyst, Inc., FY 2025 2025 Earnings Call

Advancing Ignite migration efforts with adjusted timeline and client-centric approach, offering flexibility for clients on DOS.

— Health Catalyst, Inc., FY 2025 2025 Earnings Call

Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.

OPERATIONAL METRICS

Adjusted Ebitda
41.0M
dollars
Dollar Based Retention Rate
93
percent
Platform Clients
32
clients

Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.