---
schema_version: "secwatch.filing_event.v1"
accession: "0001636422-25-000063"
form_type: "8-K"
ticker: "HCAT"
cik: "0001636422"
company_name: "Health Catalyst, Inc."
filed_at: "2025-05-07T23:59:59+00:00"
generated_at: "2026-05-22T08:15:58.825634+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Health Catalyst Q1 revenue $79.4M beats guidance; adds 10 net new Platform Clients

## Summary
- Total revenue $79.4M, up 6% YoY; Adjusted EBITDA $6.3M, both above quarterly guidance.
- Net loss widened to $23.7M from $20.6M YoY; gross margin fell to 36% from 39%.
- Added 10 net new Platform Clients in Q1 2025; reaffirms target of 40 new clients for full year.
- CEO cites strong start to year, with Q1 typically a quieter bookings quarter.

## SEC filing metadata
- accession: 0001636422-25-000063
- form_type: 8-K
- ticker: HCAT
- cik: 0001636422
- company_name: Health Catalyst, Inc.
- filed_at: 2025-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1636422/000163642225000063/0001636422-25-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1636422/000163642225000063/hcat-20250507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001636422-25-000063
- JSON: https://secwatch.observer/filing/0001636422-25-000063.json
- Plain text: https://secwatch.observer/filing/0001636422-25-000063.txt

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