Filing Flows › Healthcare Triangle (HCTI) › Q1 2025
Healthcare Triangle (HCTI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 20, 2025
Healthcare Triangle (HCTI) reported revenue of $3.7M for the first quarter 2025 (Q1 2025), -10% from a year earlier and +69% from the quarter before. Operating margin was -37.7%, net loss $1.7M (45.9% of revenue).
Healthcare Triangle, Q1 2025: revenue $3.7M (-10% year over year), operating margin -37.7%, net loss $1.7M, operating cash flow −$5.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.7M | +69% | -10% |
| Operating profit | −$1.4M | — | — |
| Net earnings | −$1.7M | — | — |
| Operating cash flow | −$5.6M | — | — |
What changed
Revenue was $3.7M in Q1 2025, down 10% year over year and up 69% from the previous quarter.
Operating costs exceeded revenue by $1.4M, an operating margin of -37.7%. Total costs fell 12% while revenue fell 10%. The fastest-growing cost line was Research & development (+13%). The quarter ended with a net loss of $1.7M, wider than the previous quarter's $1.3M loss.
Operating cash flow was −$5.6M. Non-cash charges added back $12K of depreciation and $36K of share-based compensation. Working capital and other items used $3.9M.
Questions
What was Healthcare Triangle's revenue in the first quarter 2025?
Healthcare Triangle (HCTI) reported revenue of $3.7M for the first quarter 2025 (Q1 2025), -10% from a year earlier and +69% from the quarter before.
Was Healthcare Triangle profitable in the first quarter 2025?
Operating loss was $1.4M (-37.7% of revenue) and net loss $1.7M.