Filing Flows › Definitive Healthcare (DH) › Q2 2026 › vs Q2 2025
Definitive Healthcare (DH) Q2 2026 vs Q2 2025 (year over year)
Definitive Healthcare's revenue fell $5.6M (-9%) from $60.8M in Q2 2025 to $55.2M in Q2 2026. The biggest changes: Subscription Services −$5.4M (-9%); Professional Services −$150K (-6%).
Definitive Healthcare, Q2 2026: revenue $55.2M (-9% year over year), operating margin -12.2%, net loss $7.5M, operating cash flow $11.5M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 15.4% | 11.5% | +3.9 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Subscription Services | $52.8M | $58.2M | −$5.4M | -9% |
| Professional Services | $2.4M | $2.5M | −$150K | -6% |
| Revenue | $55.2M | $60.8M | −$5.6M | -9% |
| Income tax benefit | $345K | −$456K | $801K | — |
| Net loss | $7.5M | $9.3M | −$1.8M | -20% |
| Costs & expenses | $63.0M | $70.0M | −$7.0M | -10% |
| Operating costs | $61.9M | $64.9M | −$3.0M | -5% |
| Interest & other, net | $1.0M | $4.6M | −$3.6M | -77% |
| Cost of revenue | $14.7M | $14.1M | $517K | +4% |
| Research & development | $6.8M | $8.0M | −$1.2M | -15% |
| Sales & marketing | $19.2M | $20.5M | −$1.3M | -6% |
| General & admin | $10.8M | $12.7M | −$1.9M | -15% |
| Other operating costs | $10.6M | $9.7M | $896K | +9% |
| Operating cash sources | $18.9M | $18.6M | $339K | +2% |
| Depreciation & amortization | $1.1M | $868K | $202K | +23% |
| Share-based compensation | $5.3M | $7.0M | −$1.7M | -25% |
| Working capital & other | $12.6M | $10.7M | $1.9M | +17% |
| Net loss absorbed | $7.5M | $9.3M | −$1.8M | -20% |
| Operating cash flow | $11.5M | $9.3M | $2.2M | +23% |
| Free cash flow (OCF − capex) | $8.5M | $7.0M | $1.5M | +21% |
| Capital expenditures | $2.9M | $2.3M | $649K | +28% |
Questions
How much did Definitive Healthcare's revenue grow year over year in Q2 2026?
Definitive Healthcare's revenue fell $5.6M (-9%) from $60.8M in Q2 2025 to $55.2M in Q2 2026.
What drove Definitive Healthcare's revenue change in Q2 2026?
Subscription Services −$5.4M (-9%); Professional Services −$150K (-6%).