Health Catalyst, Inc.
For the period ended Mar 31, 2026. Filed May 11, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 11, 2026
HCAT$1.44-4.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations for the and (unaudited)
Condensed Consolidated Statements of Operations
(in thousands, except per share data)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Revenue(1): | ||
| Technology | $49,468 | $51,482 |
| Professional services | 21,288 | 27,931 |
| Total revenue | 70,756 | 79,413 |
| Cost of revenue, excluding depreciation and amortization: | ||
| Technology | 17,283 | 17,565 |
| Professional services | 18,010 | 25,613 |
| Total cost of revenue, excluding depreciation and amortization | 35,293 | 43,178 |
| Operating expenses: | ||
| Sales and marketing | 10,585 | 14,738 |
| Research and development | 9,779 | 15,186 |
| General and administrative | 13,960 | 14,162 |
| Depreciation and amortization | 12,115 | 12,320 |
| Impairment of goodwill | 95,501 | — |
| Total operating expenses | 141,940 | 56,406 |
| Loss from operations | (106,477) | (20,171) |
| Interest and other expense, net | (4,135) | (3,356) |
| Loss before income taxes | (110,612) | (23,527) |
| Income tax provision | (414) | (215) |
| Net loss | $(111,026) | $(23,742) |
| Net loss per share, basic and diluted | $(1.53) | $(0.35) |
| Weighted-average shares outstanding used in calculating net loss per share, basic and diluted | 72,593 | 68,552 |
(1)Includes amounts attributable to related party transactions. See Note 17 for further details.
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