Event-Driven Stocks

Health Catalyst, Inc.

HCATNasdaq

Technology · Services-Computer Programming, Data Processing, Etc. · DE · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 3 good● 2 warning● 1 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$311.1M$306.6M$295.9M$276.2M$241.9M$188.8M
Operating income−$160.9M−$69.8M−$126.9M−$140.0M−$143.7M−$96.1M
Net income−$178.0M−$69.5M−$118.1M−$137.4M−$153.2M−$115.0M
Total assets$502.6M$858.9M$701.8M$752.3M$832.1M$577.7M
Total liabilities$256.9M$493.7M$334.9M$327.3M$310.0M$301.6M
Equity$245.8M$365.2M$366.9M$425.0M$522.1M$276.1M
EPS (diluted)$-2.55$-1.15$-2.09$-2.63$-3.23$-2.91
Shares out.70.2M58.6M55.8M53.3M44.0M37.3M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
−51.7%
Net margin
−57.2%
Return on equity
−72.4%
Return on assets
−35.4%
Return on capital (ROCE)
−38.9%
Liabilities / assets
51.1%
Debt / equity
1.05×
Book value / share
$3.50
Revenue growth (YoY)
1.5%
Net income growth (YoY)
—

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
-8.96distress
Accruals / assets
−35.6%clean
Piotroski F-Score
5/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
68
/ 100
Profitability 0Growth 100Catalyst 67Earnings quality 100Financial strength 75

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 1 severe● 2 warning● 3 good
  • Altman Z″ in the distress zone
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 20267.2M11.2-5.0%
Apr 30, 20267.6M13.9+0.4%
Apr 15, 20267.6M12.5-1.7%
Mar 31, 20267.7M8.9+4.4%
Mar 13, 20267.4M7.2+9.1%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)