Filing Flows › Definitive Healthcare (DH) › Q1 2026
Definitive Healthcare (DH) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Definitive Healthcare (DH) reported revenue of $55.9M for the first quarter 2026 (Q1 2026), -6% from a year earlier and -9% from the quarter before. Operating margin was -359.9%, net loss $192M (343.9% of revenue).
Definitive Healthcare, Q1 2026: revenue $55.9M (-6% year over year), operating margin -359.9%, net loss $192M, operating cash flow $11.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $55.9M | -9% | -6% |
| Operating profit | −$201M | — | — |
| Net earnings | −$192M | — | — |
| Operating cash flow | $11.6M | +325% | -56% |
| Free cash flow | $8.4M | — | -54% |
What changed
Revenue was $55.9M in Q1 2026, down 6% year over year and down 9% from the previous quarter. Subscription Services was the largest line at 96% of revenue. Subscription Services lost $3.7M year over year (down 7%), 115% of the total change.
Gross margin was 74.5%, up 0.5 points from Q1 2025. Operating costs exceeded revenue by $201.3M, an operating margin of -359.9%. Operating expenses grew 6% against a revenue fall of 6%. The quarter ended with a net loss of $192.4M, wider than the previous quarter's $17.1M loss. Minority interests bore $53.7M of it: to shareholders the quarter was a loss of $138.6M.
Operating cash flow was $11.6M (down 56% year over year). Non-cash charges added back $1.0M of depreciation and amortization and $5.2M of share-based compensation. Working capital and other items added $197.7M. Capital expenditures of $3.2M left free cash flow of $8.4M.
Questions
What was Definitive Healthcare's revenue in the first quarter 2026?
Definitive Healthcare (DH) reported revenue of $55.9M for the first quarter 2026 (Q1 2026), -6% from a year earlier and -9% from the quarter before.
Was Definitive Healthcare profitable in the first quarter 2026?
Operating loss was $201M (-359.9% of revenue) and net loss $192M.