HCAT - Health Catalyst, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$2.25
DETAILS
HIGH:
$3.00
LOW:
$1.75
MEDIAN:
$2.00
CONSENSUS:
$2.25
UPSIDE:
74.42%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||
| Revenue | 311.1 | 306.6 | 295.9 | 276.2 | 241.9 | 188.8 | 154.9 | 112.6 | 73.1 |
| Cost of Revenue | 207.0 | 165.8 | 164.1 | 143.0 | 124.4 | 98.1 | 75.3 | 59.9 | 43.6 |
| Gross Profit | 104.1 | 140.8 | 131.8 | 133.2 | 117.6 | 90.8 | 79.6 | 52.7 | 29.4 |
| Operating Expenses | |||||||||
| R&D Expenses | 49.8 | 58.0 | 72.6 | 75.7 | 62.7 | 53.5 | 46.3 | 38.6 | 28.5 |
| SG&A Expenses | 102.0 | 111.2 | 143.9 | 149.2 | 161.0 | 114.7 | 79.0 | 66.8 | 40.6 |
| Other Expenses | (11.6) | 41.4 | 42.2 | 48.3 | 37.5 | 18.7 | 9.2 | (0.0) | (0.0) |
| Operating Expenses | 140.2 | 210.6 | 258.7 | 273.2 | 261.2 | 186.9 | 134.5 | 112.8 | 75.0 |
| Operating Income | |||||||||
| Operating Income | (36.1) | (69.8) | (126.9) | (140.0) | (143.7) | (96.1) | (54.9) | (60.1) | (45.5) |
| Interest Expense | 16.4 | 17.1 | 7.3 | 7.2 | 17.3 | 13.7 | 6.3 | 2.6 | 2.0 |
| Interest Income | 7.5 | 18.0 | 16.4 | 5.7 | 0.8 | 2.1 | 2.8 | 0.6 | 0.5 |
| Profitability | |||||||||
| EBITDA | 14.4 | (10.7) | (68.3) | (82.9) | (101.7) | (85.9) | (47.3) | (52.1) | (39.7) |
| EBIT | (36.1) | (52.1) | (110.5) | (134.4) | (142.8) | (104.6) | (56.5) | (60.1) | (45.5) |
| Income Before Tax | (177.3) | (69.2) | (117.8) | (141.7) | (160.1) | (116.2) | (60.0) | (62.1) | (47.0) |
| Income Tax Expense | 0.7 | 0.3 | 0.4 | (4.3) | (6.9) | (1.2) | 0.1 | (0.1) | 0.0 |
| Net Income | (178.0) | (69.5) | (118.1) | (137.4) | (153.2) | (115.0) | (60.1) | (62.0) | (47.0) |
| Per Share Data | |||||||||
| EPS (Basic) | -2.55 | -1.15 | -2.09 | -2.56 | -3.23 | -2.91 | -3.21 | -2.23 | -1.69 |
| EPS (Diluted) | -2.55 | -1.15 | -2.09 | -2.54 | -3.23 | -2.91 | -3.21 | -2.23 | -1.69 |
| Shares Outstanding | 69.9 | 60.2 | 56.4 | 53.7 | 47.5 | 39.5 | 18.7 | 27.8 | 27.8 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||
| Cash & Cash Equivalents | 50.8 | 249.6 | 106.3 | 116.3 | 193.2 | 92.0 | 18.0 | 28.4 | 23.0 |
| Short-Term Investments | 44.9 | 142.4 | 211.5 | 247.2 | 251.8 | 178.9 | 210.2 | 4.8 | 28.5 |
| Net Receivables | 59.1 | 57.2 | 60.3 | 48.0 | 48.8 | 48.3 | 27.6 | 27.7 | 17.1 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 14.4 | 16.5 | 15.4 | 16.3 | 14.6 | 0 | 0 | 0.6 | 0.8 |
| Total Current Assets | 169.3 | 465.6 | 393.4 | 427.8 | 508.4 | 329.8 | 264.2 | 66.9 | 71.4 |
| Non-Current Assets | |||||||||
| Property, Plant & Equipment | 40.5 | 41.5 | 39.6 | 42.6 | 44.4 | 37.6 | 8.1 | 11.0 | 5.4 |
| Goodwill | 209.1 | 259.8 | 190.7 | 186.0 | 170.0 | 107.8 | 3.7 | 3.7 | 3.7 |
| Intangible Assets | 77.7 | 86.1 | 73.4 | 92.2 | 104.8 | 98.9 | 25.5 | 28.3 | 29.6 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 6.1 | 6.0 | 4.7 | 3.7 | 4.5 | 3.6 | 0.8 | 1.1 | 0.2 |
| Total Non-Current Assets | 333.3 | 393.3 | 308.4 | 324.5 | 323.7 | 247.9 | 38.1 | 44.1 | 38.9 |
| Total Assets | 502.6 | 858.9 | 701.8 | 752.3 | 832.1 | 577.7 | 302.4 | 111.0 | 110.3 |
| Current Liabilities | |||||||||
| Account Payables | 9.4 | 11.4 | 6.6 | 4.4 | 4.7 | 5.3 | 3.6 | 1.8 | 0.8 |
| Short-Term Debt | 5.4 | 231.2 | 0 | 0 | 0 | 0 | 2.8 | 1.3 | 0 |
| Deferred Revenue | 56.1 | 53.3 | 55.8 | 55.0 | 56.6 | 47.1 | 30.7 | 24.8 | 10.7 |
| Other Current Liabilities | 18.7 | 11.7 | 11.7 | 7.5 | 10.9 | 24.3 | 4.1 | 5.5 | 16.3 |
| Total Current Liabilities | 89.6 | 325.9 | 89.0 | 82.5 | 93.1 | 88.0 | 48.2 | 41.8 | 30.8 |
| Non-Current Liabilities | |||||||||
| Long-Term Debt | 151.6 | 151.2 | 228.0 | 226.5 | 180.9 | 169.0 | 48.2 | 18.8 | 9.6 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (4.2) | 0 |
| Other Non-Current Liabilities | 0.8 | 0.2 | 0.1 | 0.1 | 14.8 | 19.1 | 2.2 | 413.6 | 328.5 |
| Total Non-Current Liabilities | 167.3 | 167.9 | 245.9 | 244.8 | 216.9 | 213.6 | 53.5 | 443.9 | 339.0 |
| Total Liabilities | 256.9 | 493.7 | 334.9 | 327.3 | 310.0 | 301.6 | 101.7 | 485.7 | 369.7 |
| Stockholders' Equity | |||||||||
| Common Stock | 1,608.8 | 1,552.7 | 1,484.1 | 1,424.7 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (1,364.6) | (1,186.7) | (1,117.2) | (999.0) | (878.9) | (725.6) | (610.5) | (374.8) | (259.5) |
| Accumulated Other Comprehensive Income | 1.6 | (0.8) | 0.0 | (0.6) | (0.1) | 0.1 | 0.1 | (0.0) | (0.0) |
| Total Stockholders' Equity | 245.8 | 365.2 | 366.9 | 425.0 | 522.1 | 276.1 | 200.6 | (374.8) | (259.5) |
| Total Liabilities & Equity | 502.6 | 858.9 | 701.8 | 752.3 | 832.1 | 577.7 | 302.4 | 111.0 | 110.3 |
| Debt Metrics | |||||||||
| Total Debt | 171.2 | 402.3 | 249.1 | 248.0 | 204.6 | 195.3 | 52.7 | 26.9 | 12.6 |
| Net Debt | 120.4 | 152.6 | 142.8 | 131.7 | 11.4 | 103.3 | 34.6 | (1.5) | (10.4) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Net Income | (178.0) | (69.5) | (118.1) | (137.4) | (153.2) | (115.0) | (60.1) | (62.0) | (47.0) |
| Depreciation & Amortization | 50.5 | 41.4 | 42.2 | 48.3 | 37.5 | 18.7 | 9.2 | 7.4 | 5.9 |
| Stock-Based Compensation | 27.0 | 40.1 | 55.8 | 72.1 | 65.1 | 38.0 | 17.8 | 4.2 | 4.2 |
| Change in Working Capital | (15.1) | (0.7) | (13.7) | (13.9) | 4.6 | (3.8) | (1.3) | 9.8 | (0.2) |
| Other Non-Cash Items | 116.2 | 3.1 | 0.8 | 0.2 | 29.9 | 37.3 | 2.1 | 0.5 | 0.2 |
| Operating Cash Flow | 0.7 | 14.6 | (33.1) | (35.3) | (23.1) | (26.1) | (32.2) | (40.3) | (36.8) |
| Investing Activities | |||||||||
| Capital Expenditure | (1.0) | (16.4) | (14.3) | (17.4) | (18.5) | (10.5) | (4.3) | (2.5) | (3.3) |
| Acquisitions | (41.1) | (80.3) | (11.4) | (27.8) | (46.8) | (101.7) | 1.9 | 0.2 | 0.9 |
| Purchases of Investments | (65.1) | (168.3) | (290.8) | (309.0) | (261.4) | (189.5) | (256.0) | (14.0) | (46.4) |
| Sales/Maturities of Investments | 163.9 | 242.1 | 336.8 | 315.2 | 186.9 | 219.1 | 50.7 | 37.9 | 72.1 |
| Other Investing Activities | (20.5) | (14.8) | (13.0) | (15.2) | 0.0 | 0.0 | (1.9) | (0.2) | (0.8) |
| Investing Cash Flow | 36.2 | (22.9) | 20.3 | (39.0) | (139.7) | (82.6) | (209.6) | 21.4 | 22.4 |
| Financing Activities | |||||||||
| Net Debt Issuance | (232.3) | 151.3 | 0 | 0 | 0 | 165.4 | 25.3 | 9.9 | 9.8 |
| Stock Repurchased | (5) | 0 | (1.8) | (8.4) | 0 | 0 | 0 | (8.7) | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | (2.2) | 4.5 | 5.8 | 18.9 | (23.4) | (0.7) | 23.1 | 15.1 |
| Financing Cash Flow | (235.8) | 151.7 | 2.7 | (2.6) | 264.1 | 182.6 | 231.4 | 24.3 | 24.9 |
| Cash Position | |||||||||
| Net Change in Cash | (198.8) | 143.4 | (10.0) | (76.9) | 101.3 | 73.9 | (10.4) | 5.5 | 10.4 |
| Cash at Beginning | 249.6 | 106.3 | 116.3 | 193.2 | 92.0 | 18.0 | 28.4 | 23.0 | 12.5 |
| Cash at End | 50.8 | 249.6 | 106.3 | 116.3 | 193.2 | 92.0 | 18.0 | 28.4 | 23.0 |
| Free Cash Flow | (0.2) | (1.8) | (47.4) | (52.7) | (41.6) | (36.6) | (36.5) | (42.8) | (40.2) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||
| Revenue | 311.1 | 306.6 | 295.9 | 276.2 | 241.9 | 188.8 | 154.9 | 112.6 | 73.1 |
| Gross Profit | 104.1 | 140.8 | 131.8 | 133.2 | 117.6 | 90.8 | 79.6 | 52.7 | 29.4 |
| Operating Income | (36.1) | (69.8) | (126.9) | (140.0) | (143.7) | (96.1) | (54.9) | (60.1) | (45.5) |
| Net Income | (178.0) | (69.5) | (118.1) | (137.4) | (153.2) | (115.0) | (60.1) | (62.0) | (47.0) |
| EPS (Diluted) | -2.55 | -1.15 | -2.09 | -2.54 | -3.23 | -2.91 | -3.21 | -2.23 | -1.69 |
| Balance Sheet | |||||||||
| Cash & Equivalents | 50.8 | 249.6 | 106.3 | 116.3 | 193.2 | 92.0 | 18.0 | 28.4 | 23.0 |
| Total Assets | 502.6 | 858.9 | 701.8 | 752.3 | 832.1 | 577.7 | 302.4 | 111.0 | 110.3 |
| Total Debt | 171.2 | 402.3 | 249.1 | 248.0 | 204.6 | 195.3 | 52.7 | 26.9 | 12.6 |
| Stockholders' Equity | 245.8 | 365.2 | 366.9 | 425.0 | 522.1 | 276.1 | 200.6 | (374.8) | (259.5) |
| Cash Flow | |||||||||
| Operating Cash Flow | 0.7 | 14.6 | (33.1) | (35.3) | (23.1) | (26.1) | (32.2) | (40.3) | (36.8) |
| Capital Expenditure | (1.0) | (16.4) | (14.3) | (17.4) | (18.5) | (10.5) | (4.3) | (2.5) | (3.3) |
| Free Cash Flow | (0.2) | (1.8) | (47.4) | (52.7) | (41.6) | (36.6) | (36.5) | (42.8) | (40.2) |