---
schema_version: "secwatch.filing_event.v1"
accession: "0001636422-23-000056"
form_type: "8-K"
ticker: "HCAT"
cik: "0001636422"
company_name: "Health Catalyst, Inc."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T09:16:57.000409+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Health Catalyst Q1 revenue up 8% to $73.9M, Adj. EBITDA $4.2M beats guidance; expands Allina Health pact

## Summary
- Total revenue $73.9M (+8% YoY); Technology revenue $47.2M (+12%), Professional services $26.7M (+3%).
- GAAP net loss $33.2M (widened 48% YoY); Adjusted EBITDA $4.2M (up 521%, above guidance midpoint).
- Expanded tech-enabled managed services partnership with Allina Health; recurring revenue now ~$11M/year.
- Adjusted Technology Gross Margin 70% (flat); Adjusted Professional Services Gross Margin fell to 20% from 29%.

## SEC filing metadata
- accession: 0001636422-23-000056
- form_type: 8-K
- ticker: HCAT
- cik: 0001636422
- company_name: Health Catalyst, Inc.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1636422/000163642223000056/0001636422-23-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1636422/000163642223000056/hcat-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001636422-23-000056
- JSON: https://secwatch.observer/filing/0001636422-23-000056.json
- Plain text: https://secwatch.observer/filing/0001636422-23-000056.txt

## Key facts
- Earnings Releases
  Health Catalyst, Inc. reported the quarter ended March 31, 2023 results: revenue $73,868, net income $(33,190).
  - Period: the quarter ended March 31, 2023
  - Revenue: $73,868
  - Net income: $(33,190)
  - Result: reported results
  source text: GAAP Financial Data: (in thousands, except percentages, unaudited) Technology revenue $ 47,186 $ 42,230 12% Professional services revenue $ 26,682 $ 25,857 3% Total revenue $ 73,868 $ 68,087 8% Loss from operations $ (34,914) $ (24,347) (43)% Net loss $ (33,190) $ (22,458) (48)% Other Non-GAAP Financial Data: (1) Adjusted Technology Gross Profit $ 32,958 $
  evidence_url: https://www.sec.gov/Archives/edgar/data/1636422/000163642223000056/0001636422-23-000056-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.