Mission Statement, Vision, & Core Values of Health Catalyst, Inc. (HCAT)

Health Catalyst, Inc.'s (HCAT) foundational Mission and Vision aren't just corporate jargon; they are the engine behind the company's projected $310 million in total revenue for the 2025 fiscal year. That commitment to being a 'catalyst for massive, measurable, data-informed healthcare improvement' directly translates to a 64% year-over-year increase in Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) to $12.0 million in Q3 2025 alone. You see the numbers, but what does a core value like Relentless Client Focus defintely have to do with driving that kind of operational efficiency? If you want to map HCAT's strategic narrative to its financial trajectory, you need to understand how these core principles guide every capital and product decision.

Health Catalyst, Inc. (HCAT) Overview

You're looking for the hard numbers and the real story behind Health Catalyst, Inc. (HCAT), and honestly, the Q3 2025 results give us a clear, if mixed, picture of a company focused on profitability over pure top-line growth. Health Catalyst, founded in 2008, has built its business on a core mission: to be the catalyst for massive, measurable, data-informed healthcare improvement.

The company provides a cloud-based data and analytics platform, applications, and expert services to healthcare organizations. Its flagship offering is the Health Catalyst Ignite™ technology ecosystem, which includes AI-enabled data and analytics solutions. They help clients-from academic medical centers to health insurers-transform complex information into actionable insights to drive measurable clinical, financial, and operational improvements.

This is a company that has been delivering its solutions to over 1,100 organizations worldwide, impacting hundreds of millions of patient records. For the full 2025 fiscal year, management has reaffirmed its guidance, projecting total revenue of approximately $310 million. That's the big picture; now let's get into the recent performance that shows where the real money is being made.

Q3 2025 Financial Performance: Technology Drives Profitability

The third quarter of 2025, which ended September 30, 2025, showed a strong push toward operational efficiency, even as overall revenue remained relatively flat year-over-year. Health Catalyst reported total revenue of $76.3 million, which was a slight beat on quarterly guidance.

The real story is the segment breakdown. Technology revenue-the core product sales-increased to $52.1 million, representing a solid 7% year-over-year growth. This is what you want to see from a software-as-a-service (SaaS) business. But, to be fair, the Professional Services segment saw a decline to $24.3 million, a 12% drop year-over-year, partly due to the company exiting less profitable contracts.

Here's the quick math on profitability: Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) saw a significant jump to $12.0 million, a massive 64% increase from the same quarter in 2024. This focus on cost control and higher-margin technology sales is defintely paying off in efficiency, pushing the Adjusted Gross Margin up to 53%. What this estimate hides, still, is the GAAP net loss, which widened to $(22.2) million for the quarter.

• Total Revenue: $76.3 million (Q3 2025)
• Technology Revenue: $52.1 million (7% YoY growth)
• Adjusted EBITDA: $12.0 million (64% YoY increase)
• Full-Year Revenue Guidance: Approximately $310 million

A Leader in Healthcare Data Analytics

Health Catalyst is not a giant in the market, with a market capitalization around $160.2 million to $199 million as of November 2025, but it is a critical player in the healthcare information services sector. The company is consistently recognized as a leading provider of data and analytics technology and services to healthcare organizations. They are uniquely positioned to capitalize on the industry's shift toward value-based care, where data-driven outcomes matter more than volume.

Their vision-to develop the software, data, and services that will enable providers to optimize each patient's health-is a powerful one in a digitizing healthcare landscape. The company's core values of Continuous Learning, Commitment, Humility, and Excellence underpin their strategy to partner with clients for long-term, measurable results.

This blend of a high-growth technology segment and a disciplined approach to profitability makes Health Catalyst a compelling case study. If you want to dive deeper into the nuts and bolts of their financial health, you should take a look at the full breakdown: Breaking Down Health Catalyst, Inc. (HCAT) Financial Health: Key Insights for Investors.

Health Catalyst, Inc. (HCAT) Mission Statement

You're looking for the bedrock of a company's strategy, and for Health Catalyst, Inc. (HCAT), their mission statement is defintely the blueprint for their investment thesis. The direct takeaway is this: Health Catalyst aims to be the engine that drives profound, quantifiable change in healthcare. This mission is not just a slogan; it's the filter through which every major decision, from product development to capital allocation, is made, guiding their long-term goal of transforming patient care and financial health.

The company's stated mission is: To be the catalyst for massive, measurable, data-informed healthcare improvement. This single sentence is the strategic framework. It's a multi-decade commitment that's baked into their culture and their technology ecosystem, Health Catalyst Ignite, which is what they use to deliver their services. You can get a deeper dive into their origins and structure here: Health Catalyst, Inc. (HCAT): History, Ownership, Mission, How It Works & Makes Money.

Here's how we break down the three core components of that mission, mapping their intent to real-world performance and the latest 2025 numbers.

Component 1: Massive Healthcare Improvement

When Health Catalyst says massive, they are talking about scale and impact across the entire healthcare ecosystem, not just a single hospital wing. This speaks directly to their vision of a future where all healthcare decisions are data-informed. The goal is to move the needle on clinical, financial, and operational outcomes for a huge number of people.

The proof is in the client base. Health Catalyst serves more than 1,000 organizations worldwide, which translates to a massive reach across hundreds of millions of patient records. That's the kind of scale you need to see a systemic shift in a complex industry like US healthcare. Plus, their core values, like a Relentless Client Focus, ensure that this scale is backed by deep engagement, not just a software install.

• Impact millions of patient lives.
• Serve over 1,000 organizations globally.
• Drive system-wide, not localized, change.

Component 2: Measurable Improvement

As a seasoned analyst, I know that massive is meaningless without measurable. This is where the rubber meets the road for investors and clients alike. Health Catalyst's commitment here is to quantifiable results-the kind that show up on an income statement or in a clinical quality report. They have a proven track record of delivering billions of dollars in measurable results for their clients.

Here's the quick math on their own performance: For the full fiscal year 2025, Health Catalyst projects a total revenue of approximately $310 million and an Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of roughly $41 million. That strong Adjusted EBITDA guidance, up from prior years, shows a clear path to operational efficiency and profitability, which is the ultimate measurable improvement for shareholders. For clients, a great example is Temple University Health System, which used Health Catalyst's solutions to achieve $7.5 million in savings. That's a concrete, measurable return on investment.

Component 3: Data-Informed Improvement

The final pillar is the foundation of their business: data-informed decisions. This is where their technology and expertise-the core of their value proposition-come into play. In healthcare, data is often siloed and messy. Health Catalyst's platform unifies clinical, financial, and operational data into a single source of truth, making it actionable. This is how they enable providers to optimize each patient's health, which is their vision.

Their focus on Innovation and Continuous Improvement, a key core value, drives the development of their AI-enabled data and analytics solutions. This lets organizations identify high-impact opportunities using AI-assisted benchmarking from day one. If you can't trust the data, you can't make a good decision. It's that simple. By integrating data, analytics, and deep healthcare domain expertise, Health Catalyst ensures that their clients' improvements-whether in reducing patient readmissions or cutting administrative costs-are grounded in irrefutable, high-value data.

Health Catalyst, Inc. (HCAT) Vision Statement

You're looking for the strategic bedrock of a data-driven healthcare company, and with Health Catalyst, Inc. (HCAT), the vision is simple but powerful: to develop the software, data, and services that will enable providers to optimize each patient's health. This isn't corporate fluff; it's a clear statement that every product, from their cloud-based platform to their AI-enabled analytics, must ultimately connect back to better patient outcomes. They envision a future where every single healthcare decision is data-informed-no more guessing.

This vision is the lens through which we should view their financial performance. For the full year 2025, Health Catalyst reaffirmed guidance for total revenue of approximately $310 million and Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization-a key measure of operating profitability) of around $41 million. The fact that they are driving toward profitability while maintaining a patient-centric vision tells you they are finding a way to make data-driven improvement a sustainable business model.

The Mission: Massive, Measurable Improvement

The mission statement is the action plan for the vision: Health Catalyst aims to be the catalyst for massive, measurable, data-informed healthcare improvement. The key words here are 'massive' and 'measurable.' They aren't interested in marginal gains; they want significant, quantifiable change. This is the core value proposition for their over 1,100 organizations of clients worldwide.

Here's the quick math on how they measure this: a client like Temple University Health System, for example, used their solutions to realize $7.5 million in savings, underscoring the real-world impact of data-informed decisions. This focus on a proven Return on Investment (ROI) is what drives their technology segment, which is expected to grow faster than the total business. In the third quarter of 2025 alone, Health Catalyst reported total revenue of $76.3 million and an Adjusted EBITDA of $12.0 million, which actually beat their quarterly guidance. This shows that the market is defintely rewarding their focus on high-impact solutions. You can dive deeper into the business model and history here: Health Catalyst, Inc. (HCAT): History, Ownership, Mission, How It Works & Makes Money.

Core Values as an Operational Compass

A company's cultural values are the operating principles that dictate how the mission is executed, especially when the stakes are as high as patient health. Health Catalyst's cultural values-Continuous Learning, Commitment, Humility, and Excellence-act as a non-financial framework that supports their measurable financial goals.

These values are critical because healthcare analytics is a rapidly evolving space, especially with the rise of AI. Their operational focus is clear:

• Continuous Learning: Adapt to new data standards and clinical evidence.
• Commitment: Stick with clients until measurable results are achieved.
• Humility: Understand that the best solutions come from client feedback, not just internal ideas.
• Excellence: Deliver high-quality, reliable software and services.

The commitment to operational efficiency is visible in their non-GAAP metrics. In Q3 2025, their Adjusted Gross Margin was 53%, a meaningful rise that indicates tighter cost control and a favorable mix of profitable technology solutions. This operational discipline, driven by their core values, is what allows them to manage a GAAP net loss of $(22.2 million) while still achieving a significant positive Adjusted EBITDA. It's a classic growth-stage trade-off: invest heavily in the future (leading to a GAAP loss) but prove the underlying business is healthy (via Adjusted EBITDA).

Health Catalyst, Inc. (HCAT) Core Values

You're looking at Health Catalyst, Inc. (HCAT) and wondering if their internal compass-the mission, vision, and core values-actually aligns with their financial performance. Honestly, it's the right question. A company's culture is defintely a leading indicator of long-term success, especially in a complex sector like healthcare analytics.

Health Catalyst operates with a clear mission: to be the catalyst for massive, measurable, data-informed healthcare improvement. Their vision is simple: develop the software, data, and services that will enable providers to optimize each patient's health. This isn't just corporate boilerplate; it's the filter through which they drive their business, which is on track for a full-year 2025 total revenue of approximately $310 million, according to their Q3 2025 report.

Their cultural values-Continuous Learning, Commitment, Humility, and Excellence-are the bedrock for delivering that measurable impact. For a deeper look at the market perspective, you should check out Exploring Health Catalyst, Inc. (HCAT) Investor Profile: Who's Buying and Why?

Continuous Learning

This value is about staying ahead of the curve, not just for the company, but for its clients. In healthcare, the curve is moving fast, especially with the adoption of Artificial Intelligence (AI). Health Catalyst knows that if they stop learning, their clients stop improving.

The commitment to learning shows up directly in their product roadmap and R&D spend. For example, their focus on embedding AI into practical, pragmatic improvements-like decision support and offloading administrative tasks-is a direct result of this continuous learning cycle. They are constantly evolving their cloud-based platform, Health Catalyst Ignite, to integrate new capabilities like Clinical Cost Intelligence, which went live in 2025. This ensures their client community of over 1,100 organizations is always using the best evidence.

• Invest in AI for practical decision support.
• Launch new solutions like Clinical Cost Intelligence.
• Adapt to new regulatory and cybersecurity needs.

Commitment

Commitment, in this context, translates to a relentless client focus and a promise to deliver measurable return on investment (ROI). It's easy to sell software; it's hard to guarantee a financial or clinical outcome. The CEO, Dan Burton, has publicly reaffirmed their promise to clients, which is rooted in the Golden Rule: honor commitments, ensure ROI, and maintain transparent partnerships.

Here's the quick math on commitment: The 2025 Catalyst Awards highlighted client successes that demonstrate this value with hard numbers. INTEGRIS Health, for instance, used Health Catalyst's solutions to achieve $30 million in labor cost savings and $2.7 million in cost savings from avoided readmissions. That's a tangible ROI, not a theoretical one. It shows they are committed to the client's bottom line and patient outcomes, even as the company manages its own net loss of $22.2 million in Q3 2025.

Humility

Humility in a technology company means acknowledging that the client, the clinician, and the patient are the true experts. It's about building a platform that is flexible and open, not a closed system that dictates how care should be delivered. This value drives collaboration and a focus on solving specific, high-impact problems rather than selling a one-size-fits-all solution.

The Health Catalyst Analytics Summit (HAS) 2025, held in Salt Lake City, is a key example of this humility. It's an intimate, client-focused event designed for peer-to-peer networking and shared problem-solving, not just a sales pitch. They bring together leaders to tackle critical challenges like improving clinical quality and reducing costs, showing they value client insights as much as their own technology. The goal is to facilitate the client's transformation journey, not just to sell them a tool.

Excellence

Excellence is the drive for massive, measurable results, which is the core of their mission. It means the technology and services must consistently deliver improvements in clinical, financial, and operational outcomes. The proof is always in the numbers.

The results from their clients in 2025 are a testament to this value:

• Innovative Healthcare Collaborative of Indiana: Reduced costs by $28.3 million over one year through improved inpatient utilization.
• MedStar Health: Engaged over 43,000 patients, leading to improved blood pressure control for 2,200 individuals.
• INTEGRIS Health: Closed thousands of care gaps, enhancing patient health.

This focus on measurable results is why their full-year 2025 Adjusted EBITDA is projected to be around $41 million. They are translating their core values into operational efficiency, which is what we, as analysts, need to see. The company's track record now stands at delivering billions of dollars in measurable improvements for their clients.