$HCAT
Health Catalyst, Inc.
CIK:0001636422|SEC Filings
Condensed Consolidated Statements of Operations - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Revenue: | ||||||
| Total revenue | [1] | $ 70,487 | $ 80,721 | $ 141,243 | $ 160,134 | |
| Cost of revenue, excluding depreciation and amortization: | ||||||
| Total cost of revenue, excluding depreciation and amortization | 35,627 | 42,480 | 70,920 | 85,658 | ||
| Operating expenses: | ||||||
| Sales and marketing | 10,360 | 13,206 | 20,945 | 27,944 | ||
| Research and development | 11,026 | 12,392 | 20,805 | 27,578 | ||
| General and administrative | 11,928 | 8,284 | 25,888 | 22,446 | ||
| Depreciation and amortization | 10,979 | 12,684 | 23,094 | 25,004 | ||
| Goodwill impairment | 27,047 | 28,769 | 122,548 | 28,769 | ||
| Total operating expenses | 71,340 | 75,335 | 213,280 | 131,741 | ||
| Loss from operations | (36,480) | (37,094) | (142,957) | (57,265) | ||
| Interest and other expense, net | (3,742) | (3,803) | (7,877) | (7,159) | ||
| Loss before income taxes | (40,222) | (40,897) | (150,834) | (64,424) | ||
| Income tax provision | (315) | (81) | (729) | (296) | ||
| Net loss | $ (40,537) | $ (40,978) | $ (151,563) | $ (64,720) | ||
| Net loss per share, basic (in USD per share) | $ (0.55) | $ (0.59) | $ (2.07) | $ (0.94) | ||
| Net loss per share, diluted (in USD per share) | $ (0.55) | $ (0.59) | $ (2.07) | $ (0.94) | ||
| Weighted-average shares outstanding used in calculating net loss per share, basic (in shares) | 73,959,819 | 69,625,540 | 73,280,290 | 69,091,777 | ||
| Weighted-average shares outstanding used in calculating net loss per share, diluted (in shares) | 73,959,819 | 69,625,540 | 73,280,290 | 69,091,777 | ||
| Technology | ||||||
| Revenue: | ||||||
| Total revenue | [1] | $ 48,795 | $ 52,876 | $ 98,263 | $ 104,358 | |
| Cost of revenue, excluding depreciation and amortization: | ||||||
| Total cost of revenue, excluding depreciation and amortization | 18,188 | 18,352 | 35,471 | 35,917 | ||
| Professional services | ||||||
| Revenue: | ||||||
| Total revenue | [1] | 21,692 | 27,845 | 42,980 | 55,776 | |
| Cost of revenue, excluding depreciation and amortization: | ||||||
| Total cost of revenue, excluding depreciation and amortization | $ 17,439 | $ 24,128 | $ 35,449 | $ 49,741 | ||
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