NASDAQ:HCTI
Healthcare Triangle, Inc.
Healthcare Triangle, Inc.'s revenue grew 18.8% in fiscal 2025 to $13.9M while operating margin fell to −70.5%, its lowest in 6 years. Free cash flow was −$16.5M, −119.0% of revenue, and the diluted share count rose 17427.8%.Summary generated from Healthcare Triangle, Inc.'s SEC filings. Latest annual report filed Apr 16, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$13.9M
Revenue growth+18.8%
Revenue, 5-yr CAGR−15.0%
Gross margin8890.6%
Operating margin−70.5%
Net margin−68.2%
ROIC−146.3%
Return on equity−392.4%
Debt / equity1.08
Free cash flow−$16.5M
FCF margin−119.0%
Share count change+17427.8%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 35 | 46 | 33 | 12 | 14 |
| Operating income | −5 | −16 | −8 | −5 | −10 |
| Net income | −6 | −14 | −9 | −6 | −9 |
| Free cash flow | n/a | −5 | −2 | n/a | −17 |
Recent filings
- 8-KNotice of delisting or listing-rule failure
Oct 2, 2026 - 8-KEntry into a material agreement
Sep 25, 2026 - 8-KEntry into a material agreement
Sep 8, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 13, 2026 - 8-KRegulation FD disclosure
Jul 29, 2026 - 8-KResults of a shareholder vote
Jul 20, 2026 - S-1Registration statement
Jul 10, 2026 - DEF 14AProxy statement
Jun 26, 2026