Skip to main content

Health Catalyst, Inc.

For the period ended Dec 31, 2025. Filed Mar 12, 2026.

View on SEC.gov

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 12, 2026

HCAT$1.51+3.4%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Table of Contents

Annual Report on Form 10-K

For the Year Ended December 31, 2025

Page
PART I.
Item 1.Business6
Item 1A.Risk Factors26
Item 1B.Unresolved Staff Comments57
Item 1C.Cybersecurity57
Item 2.Properties58
Item 3.Legal Proceedings59
Item 4.Mine Safety Disclosures59
PART II.
Item 5.Market for Registrant’s Common Equity, Related Stockholders Matters, and Issuer Purchases of Equity Securities60
Item 6.[Reserved]61
Item 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations61
Item 7A.Quantitative and Qualitative Disclosures About Market Risk87
Item 8.Consolidated Financial Statements and Supplementary Data90
Item 9.Changes in and Disagreements with Accountants on Accounting and Financial Disclosure139
Item 9A.Controls and Procedures139
Item 9B.Other Information139
Item 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections140
PART III.
Item 10.Directors, Executive Officers, and Corporate Governance140
Item 11.Executive Compensation140
Item 12.Security Ownership of Certain Beneficial Owners and Management, and Related Stockholder Matters140
Item 13.Certain Relationships and Related Transactions, and Director Independence140
Item 14.Principal Accountant Fees and Services141
PART IV.
Item 15.Exhibits and Financial Statement Schedules141
Signatures144

In this Annual Report on Form 10-K, unless expressly indicated or the context otherwise requires, references to “we,” “our,” “us,” “Health Catalyst,” “the Company,” and similar references refer to Health Catalyst, Inc. and its consolidated subsidiaries.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.