Core Insights - Health Catalyst, Inc. reported total revenue of $311.1 million for the year ended December 31, 2025, reflecting a 1% increase from $306.6 million in 2024, while the quarterly revenue for Q4 2025 was $74.7 million, down 6% from $79.6 million in Q4 2024 [2][3][22] - The company experienced a significant net loss of $178 million for the full year 2025, compared to a net loss of $69.5 million in 2024, marking a 156% increase in losses [3][22] - Adjusted EBITDA for the year was $41.4 million, a 59% increase from $26.1 million in 2024, with Q4 2025 showing a 74% increase to $13.8 million from $7.9 million in Q4 2024 [3][22][40] Financial Performance - Total revenue for Q4 2025 was $74.7 million, down from $79.6 million in Q4 2024, while total revenue for the full year was $311.1 million, slightly up from $306.6 million in 2024 [3][22] - Gross profit for Q4 2025 was $31.4 million, a 10% increase from $28.6 million in Q4 2024, and for the full year, gross profit was $120.4 million, up 5% from $114.5 million in 2024 [3][22] - The gross margin improved to 42.0% in Q4 2025 from 35.9% in Q4 2024, and for the full year, it was 38.7%, up from 37.3% in 2024 [3][22] Client Metrics - The number of platform clients increased to 162 as of December 31, 2025, compared to 130 in 2024 [5] - The dollar-based retention rate for technology and Tech-Enabled Managed Services (TEMS) was 93% for 2025, down from 102% in 2024 [5][7] Cash Flow and Balance Sheet - Cash and cash equivalents decreased to $50.8 million as of December 31, 2025, from $249.6 million in 2024 [19][26] - The company reported a net cash provided by operating activities of $731,000 for the year, a significant decrease from $14.6 million in 2024 [26] Strategic Outlook - The company is focused on long-term success and aims to address challenges while leveraging its strengths in data and analytics technology for healthcare organizations [2][12] - Health Catalyst has not provided full-year guidance for 2026 due to an ongoing internal strategic and operational review [9][10]

Core Insights - Health Catalyst, Inc. will release its fourth quarter and year-end 2025 operating results on March 12, 2026, after market close [1] - A conference call will be held at 5:00 pm ET on the same day to review the results [1] Conference Call Details - The conference call can be accessed by dialing 800-343-5172 for U.S. participants or 203-518-9856 for international participants, using conference ID "HCATQ425" [2] - A live audio webcast will be available online, with a replay accessible for approximately 90 days after the call [2] Company Overview - Health Catalyst is a leading provider of data and analytics technology and services aimed at improving healthcare outcomes [3] - The company serves over 1,100 organizations globally, utilizing its cloud-based technology ecosystem, Health Catalyst Ignite™, and AI-enabled solutions [3] - Health Catalyst has a proven track record of delivering billions of dollars in measurable results, focusing on transforming complex healthcare data into actionable insights [3]

Core Viewpoint - Health Catalyst, Inc. has appointed Matt Arens, CEO and Founder of First Light Asset Management, to its board of directors, effective December 1, 2025, which is expected to enhance the company's strategic focus and shareholder value creation efforts [1][3]. Company Overview - Health Catalyst is a leading provider of data and analytics technology and services aimed at improving healthcare outcomes, with over 1,100 organizations relying on its offerings [6]. - The company operates a cloud-based technology ecosystem called Health Catalyst Ignite™, which provides AI-enabled data and analytics solutions [6]. Shareholder Information - First Light Asset Management is the largest shareholder of Health Catalyst, owning approximately 19% of the company's outstanding shares, which equates to about 13.9 million shares [2]. - Matt Arens has been a shareholder since Health Catalyst's IPO in 2019 [2]. Board Composition - The addition of Matt Arens to the board is seen as a significant move due to his extensive experience in capital markets and healthcare investments [3]. - Matthew Kolb, a current director since 2023, will not seek re-election at the 2026 annual meeting, marking a change in board composition [5]. Strategic Insights - Matt Arens expressed that the market is not fully recognizing the value within Health Catalyst, citing a low EBITDA multiple and high free cash flow generation potential as indicators of significant appreciation opportunities for the company's shares [5]. - The firm has a proven track record of delivering billions of dollars in measurable results, reinforcing its commitment to data-informed healthcare improvement [6].

Core Insights - Health Catalyst reported total revenue of $76.3 million for Q3 2025, slightly down from $76.4 million in Q3 2024, but achieved an Adjusted EBITDA of $12.0 million, a 64% increase year-over-year [2][3][4] Financial Performance - Total revenue for the three months ended September 30, 2025, was $76,323,000, compared to $76,353,000 in the same period of 2024, reflecting a negligible change of —% [3] - Gross profit increased to $29,979,000, up 8% from $27,758,000 in Q3 2024, resulting in a gross margin of 39% compared to 36% a year earlier [3] - The company reported a net loss of $22,229,000 for Q3 2025, which is a 51% increase from the net loss of $14,726,000 in Q3 2024 [3] - Adjusted Gross Profit for Q3 2025 was $40,133,000, an 11% increase from $36,289,000 in Q3 2024, with an Adjusted Gross Margin of 53% compared to 48% in the prior year [3][22] - Adjusted EBITDA for Q3 2025 was $12,000,000, significantly higher than $7,295,000 in Q3 2024 [3][33] Financial Outlook - The company reaffirmed its full-year 2025 guidance, expecting total revenue of approximately $310 million and Adjusted EBITDA of approximately $41 million [4][5] Company Overview - Health Catalyst is a leading provider of data and analytics technology and services for healthcare organizations, with over 1,100 clients globally [7] - The company focuses on high-impact solutions that demonstrate proven ROI, aiming to drive sustained value for clients and shareholders [2][7]

Core Insights - Health Catalyst, Inc. will release its third quarter 2025 operating results on November 10, 2025, after market close [1] - A conference call to discuss the results will take place at 5:00 pm ET on the same day [1] Company Overview - Health Catalyst is a leading provider of data and analytics technology and services aimed at improving healthcare outcomes [3] - The company serves over 1,100 organizations globally, utilizing its cloud-based technology ecosystem, Health Catalyst Ignite™, and AI-enabled data solutions [3] - Health Catalyst has a proven track record of delivering billions of dollars in measurable results, focusing on transforming complex healthcare data into actionable insights [3]

Core Insights - Health Catalyst, Inc. announced the winners of the 2025 Catalyst Awards, recognizing healthcare organizations leading in data-driven transformation [1][2] - The awards were presented at the Health Catalyst Analytics Summit, highlighting the importance of data and analytics in addressing critical healthcare challenges [2] Award Winners - **Care Quality Excellence Winner**: Lifepoint Health was recognized for saving over 700 patient lives through improved care processes, reducing blood transfusions by 1,200, and allowing patients to spend an additional 24,000 days at home [3] - **Financial Transformation Winner**: Temple University Health System utilized activity-based costing to enhance revenue and quality, generating millions in revenue through improved service line charge capture [4] - **Quality Performance & Measures Excellence Winner**: Revere Medical achieved a 56% increase in depression screening and improved glycemic control for 7,000 diabetes patients, generating millions in shared savings [5] - **Organizational Transformation Winner**: INTEGRIS Health implemented a data-informed operating system, resulting in $2.7 million in cost savings from avoided readmissions and $30 million in labor cost savings [6][7] - **Population Health Impact Winner**: Innovative Healthcare Collaborative of Indiana achieved a $28.3 million cost reduction and improved patient outcomes, including 307 fewer readmissions within 30 days of discharge [8] Evaluation Process - Over 200 client-driven improvements were evaluated by Health Catalyst's judging panel, focusing on measurable outcomes and impactful stories [9] - Nominations included metrics on challenges addressed, interventions, and their impact on patients and organizational performance [9] Company Overview - Health Catalyst is a leading provider of data and analytics technology, serving over 1,000 organizations globally and driving measurable improvements across healthcare [10]

Core Insights - Health Catalyst has launched Market Insights on Salesforce AppExchange, enabling healthcare organizations to utilize actionable consumer insights to enhance patient care and improve campaign performance [1][2]. Company Overview - Health Catalyst is a leading provider of data and analytics technology and services aimed at improving healthcare outcomes, with over 1,000 organizations relying on its offerings [5]. - The company’s technology ecosystem, Health Catalyst Ignite™, leverages AI-enabled data and analytics solutions to transform complex healthcare information into actionable insights [5]. Product Features - Market Insights integrates seamlessly into existing Salesforce workflows, allowing healthcare enterprises to better understand their populations and create targeted patient journeys based on psychographics [2][3]. - The integration is designed to enhance existing workflows within Health Cloud and Marketing Cloud, aiming to drive better health outcomes for communities [3]. Market Context - Salesforce AppExchange serves as a significant enterprise marketplace, hosting over 9,000 apps and achieving more than 12 million customer installs since its launch in 2006 [3].

Core Points - Health Catalyst CEO Dan Burton will retire on June 30, 2026, to pursue volunteer service opportunities aligned with his faith [1][2] - Burton has led Health Catalyst for nearly 15 years, contributing to significant company growth, including an IPO in 2019 and expanding the client base to 1,100 healthcare clients [3] - The company has achieved over $2.2 billion in client-approved measurable improvements during Burton's tenure [3] - Health Catalyst has maintained high employee engagement levels, ranking between the 94th and 99th percentile over the past decade, and has received over 125 Best Workplace Awards since 2013 [4] - The company supports its team members' volunteer service contributions to the community [7] Leadership Transition - Burton will assist the Board in the search for a new CEO while continuing to serve on the Board [2] - The Board expressed gratitude for Burton's service and is committed to finding a world-class CEO for the next chapter of Health Catalyst [6] Company Overview - Health Catalyst is a leading provider of data and analytics technology and services aimed at improving healthcare outcomes [8] - The company serves over 1,000 organizations globally, utilizing its cloud-based technology ecosystem and AI-enabled solutions [9] - Health Catalyst has a proven track record of delivering billions of dollars in measurable results, driving data-informed healthcare improvement [9]

Core Insights - Health Catalyst, Inc. will release its second quarter 2025 operating results on August 7, 2025, after market close [1] - A conference call to discuss the results will take place at 5:00 pm ET on the same day [1] Company Overview - Health Catalyst is a leading provider of data and analytics technology and services aimed at improving healthcare outcomes [3] - The company serves over 1,000 organizations globally, utilizing its cloud-based technology ecosystem, Health Catalyst Ignite™, and AI-enabled solutions [3] - Health Catalyst has a proven track record of delivering billions of dollars in measurable results, focusing on transforming complex healthcare data into actionable insights [3]

Core Insights - Health Catalyst, Inc. has announced the listing of 10 AI-integrated data toolkits on Databricks Marketplace, aimed at addressing significant challenges in healthcare organizations [1][2] - The toolkits are designed to provide actionable resources at no cost, enabling healthcare organizations to trial use cases and experience the value of Health Catalyst's expertise [2][4] - This initiative is part of a broader partnership with Databricks to enhance healthcare data sharing and analytics [3][7] Group 1: Product Offering - The data toolkits include advanced machine learning models and large language model capabilities to help health systems improve outcomes in various areas [4][6] - Key functionalities of the toolkits include predicting hospital readmissions, reducing avoidable emergency department visits, and optimizing surgical outcomes [6][7] - The toolkits are designed to remove barriers to measurable improvement by providing a ready-to-run framework for healthcare organizations [4][5] Group 2: Strategic Importance - The release of these toolkits reflects Health Catalyst's commitment to making data-driven improvements more accessible across the healthcare community [7] - The initiative follows the launch of Health Catalyst Ignite Spark™, which aims to provide tailored analytics solutions for smaller healthcare organizations [7][8] - By democratizing access to sophisticated analytics, Health Catalyst enables healthcare organizations of all sizes to leverage AI for better patient outcomes [5][8]