Health Catalyst, Inc. (HCAT) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
10897 SOUTH RIVER FRONT PARKWAY, #300 SOUTH JORDAN, UT 84095 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 737 - Computer Programming, Data Processing, And Other Computer Related Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 341,968 | 392,000 | 387,256 | 308,256 | 327,785 | 317,728 | |||
| Cash and cash equivalent | 341,968 | 249,645 | 328,327 | 201,895 | 201,370 | 106,276 | |||
| Short-term investments | 142,355 | 58,929 | 106,361 | 126,415 | 211,452 | ||||
| Receivables | 64,046 | 57,182 | 51,648 | 54,898 | 53,874 | 60,290 | |||
| Contract with customer, asset, after allowance for credit loss | 7,700 | 11,800 | 8,300 | 6,500 | 3,500 | 4,700 | |||
| Capitalized contract cost | 2,000 | 2,100 | 2,200 | 2,200 | 2,200 | 2,200 | |||
| Other undisclosed current assets | 7,002 | 2,568 | 8,010 | 4,213 | 9,777 | 8,479 | |||
| Total current assets: | 422,716 | 465,650 | 457,414 | 376,067 | 397,136 | 393,397 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 11,877 | 12,058 | 11,222 | 11,627 | 12,003 | 13,927 | |||
| Property, plant and equipment | 31,648 | 29,394 | 27,908 | 25,555 | 24,697 | 25,712 | |||
| Intangible assets, net (including goodwill) | 419,780 | 345,811 | 310,850 | 273,058 | 256,869 | 264,036 | |||
| Goodwill | 313,380 | 259,759 | 234,387 | 206,295 | 190,652 | 190,652 | |||
| Intangible assets, net (excluding goodwill) | 106,400 | 86,052 | 76,463 | 66,763 | 66,217 | 73,384 | |||
| Other noncurrent assets | 5,521 | 6,016 | 5,656 | 5,413 | 4,407 | 4,742 | |||
| Total noncurrent assets: | 468,826 | 393,279 | 355,636 | 315,653 | 297,976 | 308,417 | |||
| TOTAL ASSETS: | 891,542 | 858,929 | 813,050 | 691,720 | 695,112 | 701,814 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 32,102 | 37,773 | 37,819 | 28,302 | 24,300 | 27,568 | |||
| Accounts payable | 8,946 | 11,433 | 14,278 | 10,599 | 5,697 | 6,641 | |||
| Accrued liabilities | 23,156 | 26,340 | 23,541 | 17,703 | 18,603 | 20,927 | |||
| Deferred revenue | 71,497 | 53,281 | 52,202 | 56,355 | 63,550 | 55,753 | |||
| Debt | 231,563 | 231,182 | 230,423 | ||||||
| Restructuring reserve | 639 | 7 | 345 | 1,011 | |||||
| Business combination, contingent consideration, liability | 894 | ||||||||
| Other undisclosed current liabilities | 3,760 | 3,614 | 3,329 | 232,128 | 3,347 | 5,713 | |||
| Total current liabilities: | 339,561 | 325,850 | 323,780 | 318,024 | 92,208 | 89,034 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 151,291 | 151,178 | 114,611 | 228,413 | 228,034 | ||||
| Long-term debt, excluding current maturities | 151,291 | 151,178 | 114,611 | 228,413 | 228,034 | ||||
| Liabilities, other than long-term debt | 23,879 | 16,694 | 19,622 | 16,694 | 17,281 | 17,827 | |||
| Deferred revenue | 407 | 249 | 258 | 51 | 81 | 77 | |||
| Other liabilities | 408 | 154 | 3,395 | 103 | 88 | 74 | |||
| Operating lease, liability | 15,751 | 16,291 | 15,969 | 16,540 | 17,112 | 17,676 | |||
| Business combination, contingent consideration, liability | 7,313 | ||||||||
| Total noncurrent liabilities: | 175,170 | 167,872 | 134,233 | 16,694 | 245,694 | 245,861 | |||
| Total liabilities: | 514,731 | 493,722 | 458,013 | 334,718 | 337,902 | 334,895 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 376,811 | 365,207 | 355,037 | 357,002 | 357,210 | 366,919 | |||
| Accumulated other comprehensive income (loss) | 140 | (835) | (110) | (162) | (124) | 33 | |||
| Accumulated deficit | (1,210,414) | (1,186,672) | (1,165,999) | (1,151,273) | (1,137,757) | (1,117,170) | |||
| Other undisclosed equity, attributable to parent | 1,587,085 | 1,552,714 | 1,521,146 | 1,508,437 | 1,495,091 | 1,484,056 | |||
| Total equity: | 376,811 | 365,207 | 355,037 | 357,002 | 357,210 | 366,919 | |||
| TOTAL LIABILITIES AND EQUITY: | 891,542 | 858,929 | 813,050 | 691,720 | 695,112 | 701,814 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 79,413 | 79,606 | 76,353 | 75,902 | 74,723 | 75,084 | ||
| Cost of revenue (Cost of Product and Service Sold) | (43,178) | (44,915) | (42,313) | (40,060) | (38,517) | (44,576) | ||
| Gross profit: | 36,235 | 34,691 | 34,040 | 35,842 | 36,206 | 30,508 | ||
| Operating expenses | (56,406) | (52,191) | (47,727) | (51,649) | (59,018) | (63,293) | ||
| Operating loss: | (20,171) | (17,500) | (13,687) | (15,807) | (22,812) | (32,785) | ||
| Loss from continuing operations before income taxes: | (20,171) | (17,500) | (13,687) | (15,807) | (22,812) | (32,785) | ||
| Income tax expense (benefit) | (215) | (625) | 475 | (70) | (113) | (143) | ||
| Net loss: | (20,386) | (18,125) | (13,212) | (15,877) | (22,925) | (32,928) | ||
| Other undisclosed net income (loss) attributable to parent | (3,356) | (2,548) | (1,514) | 2,361 | 2,338 | 2,616 | ||
| Net loss available to common stockholders, diluted: | (23,742) | (20,673) | (14,726) | (13,516) | (20,587) | (30,312) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (20,386) | (18,125) | (13,212) | (15,877) | (22,925) | (32,928) | ||
| Other comprehensive income (loss) | 975 | (725) | 52 | (38) | (157) | 203 | ||
| Comprehensive loss: | (19,411) | (18,850) | (13,160) | (15,915) | (23,082) | (32,725) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (3,356) | (2,548) | (1,514) | 2,361 | 2,338 | 2,616 | ||
| Comprehensive loss, net of tax, attributable to parent: | (22,767) | (21,398) | (14,674) | (13,554) | (20,744) | (30,109) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.