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Health Catalyst, Inc.
$107M
Market Cap
P/E
PEG
-46.0%
ROCE
-58.3%
ROE
0.67
D/E
-51.7%
OPM
-56.9%
% from 52W High
16
α RS
🌏 Global Investor Returns
Currency-adjusted total returns for HCAT including FX impact
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

Health Catalyst, Inc. provides data and analytics technology and services to healthcare organizations in the United States.

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📈 Growth Pattern
📊 Quick Scorecard
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⭐ Superinvestors Holding HCAT
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Manager Shares Value % of Fund Period
Jim Simons Renaissance Technologies LLC 217.1K $276K 0.00% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-08-06
Q2 2026 results exceeded revenue and adjusted EBITDA guidance, driven by strong execution and the Vitalware divestiture, which enabled full debt repayment and a debt-free balance sheet. Updated 2026 guidance reflects the removal of Vitalware, ongoing migration costs, and continued investment in core technology and talent.
Q1 2026 Q1 2026 2026-05-11
Q1 2026 results exceeded expectations for revenue and adjusted EBITDA, driven by strong bookings and operational transformation. Project Nexus restructuring targets $30M in annualized savings, while the company shifts to a technology-led, AI-driven model amid ongoing migration-related revenue pressure.
Q4 2025 Q4 2025 2026-03-12
Revenue grew 1% in 2025 to $311.1M, with Adjusted EBITDA up 59% year-over-year. Leadership transition and strategic review are underway, with significant migration-related revenue and margin pressures expected in 2026. Q1 2026 guidance: $68–$70M revenue, $7–$8M Adjusted EBITDA.
Q3 2025 Q3 2025 2025-11-10
Q3 2025 revenue and adjusted EBITDA exceeded guidance, with strong technology segment growth and improved margins. Full-year guidance is reaffirmed, but 2026 revenue is expected to decline slightly due to migration and retention headwinds, while EBITDA is projected to improve.
Q2 2025 Q2 2025 2025-08-07
Q2 2025 revenue and adjusted EBITDA exceeded guidance, but full-year revenue outlook was cut due to major Medicaid and research funding reductions. Profitability focus is driving restructuring, cost cuts, and a shift to higher-margin technology revenue, with adjusted EBITDA guidance reaffirmed.
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📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

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Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

Forward-Looking Statements:
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