DH

MKT CAP:$108M

Definitive Healthcare Corp.

Market Cap

$108M

Healthcare·Medical - Healthcare Information Services·🇺🇸 United States·NASDAQ

Healthcare·Medical·🇺🇸·NASDAQ

Stock Price

$1.12-$1.26 (-52.94%)

Apr 22, 2026

Company Details

Definitive Healthcare Corp., together with its subsidiaries, provides healthcare commercial intelligence in the United States. Its solutions provide information on healthcare providers and their activities to help its customers in the area ...

CEO

Kevin D. Coop

IPO Date

Sep 15, 2021

Website

www.definitivehc.com

Key Metrics TTM

Revenue

$220M

+56.9% YoY

Net Income

-$248M

EPS (Diluted)

-$2.20

Free Cash Flow

$41M

Revenue / Share

$1.87

Gross Margin

83.0%

Operating Margin

-182.1%

Net Margin

-112.3%

FCF Margin

18.8%

P/S

0.5x

P/E

—

Earnings Reports

Q3 2024

May 14, 2026

PENDING

Q2 2024

Aug 5, 2024

$64MEPS -$1.81

Q1 2024

May 7, 2024

$63MEPS -$0.08

FY 2023

Feb 28, 2024

$251MEPS -$1.79

Q1 2022

May 5, 2022

$50M+35.7%EPS -$0.13

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 20	$27M	$25M	-$3M
Q3 20	$30M	$23M	-$940.0K
Q4 20	$34M	$30M	-$7M
Q1 21	$37M	$33M	-$2M
Q2 21	$40M	$35M	-$7M
Q3 21	$43M	$38M	-$4M
Q1 22	$50M	$44M	-$12M
Q1 24	$63M	$50M	-$16M
Q2 24	$64M	$50M	-$370M

Valuation

Quarter	P/S	P/E
Q1 20	—	—
Q3 20	—	—
Q4 20	—	—
Q1 21	31.0x	—
Q2 21	28.2x	—
Q3 21	26.5x	—
Q1 22	13.6x	—
Q1 24	4.8x	—
Q2 24	2.9x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 20	$7M	$6M
Q3 20	$795.0K	$629.0K
Q4 20	$9M	$8M
Q1 21	$14M	$10M
Q2 21	$8M	$7M
Q3 21	-$948.0K	-$1M
Q1 22	$14M	$13M
Q1 24	$17M	$16M
Q2 24	$14M	$14M

Capital Expenditures

Quarter	CapEx
Q1 20	$447.5K
Q3 20	$166.0K
Q4 20	$334.0K
Q1 21	$4M
Q2 21	$1M
Q3 21	$440.0K
Q1 22	$794.0K
Q1 24	$266.0K
Q2 24	$410.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 21	+45.9%	+51.9%
Q3 21	+43.3%	+51.9%
Q1 22	+48.9%	+51.9%
Q1 24	+71.9%	+103.9%
Q2 24	+60.1%	+833.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 20	$436.0K	1.6%
Q3 20	$458.0K	1.5%
Q4 20	$417.0K	1.2%
Q1 21	$406.0K	1.1%
Q2 21	$2M	4.1%
Q3 21	$0	0.0%
Q1 22	$0	0.0%
Q1 24	$16M	24.5%
Q2 24	$9M	13.9%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 20	$2M	$3M	$8M
Q3 20	$3M	$3M	$8M
Q4 20	$3M	$5M	$11M
Q1 21	$4M	$5M	$12M
Q2 21	$4M	$6M	$13M
Q3 21	$5M	$8M	$14M
Q1 22	$7M	$11M	$21M
Q1 24	$10M	$17M	$22M
Q2 24	$10M	$13M	$22M

Revenue Segments

Quarter	Platform Subscriptions	Professional Services	Subscription Services
Q3 21	$43M	$304.0K	—
Q1 22	$50M	$355.0K	—
Q1 24	—	$2M	$62M
Q2 24	—	$2M	$62M

Revenue by Geography

Quarter	Non Us	U S	Non-US	United States
Q3 21	$2M	$41M	—	—
Q1 22	—	—	$3M	$48M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$230M	$109M	$339M
Q2 22	$228M	$118M	$346M
Q3 22	$229M	$121M	$350M
Q4 22	$147M	$185M	$332M
Q1 23	$125M	$219M	$344M
Q2 23	$132M	$219M	$351M
Q3 23	$77M	$230M	$307M
Q4 23	$131M	$177M	$308M
Q1 24	$106M	$189M	$295M
Q2 24	$121M	$176M	$297M
Q3 24	$138M	$168M	$305M
Q4 24	$105M	$185M	$290M
Q1 25	$106M	$95M	$201M
Q2 25	$81M	$103M	$184M
Q3 25	$108M	$78M	$186M
Q4 25	$164M	$17M	$181M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 20	118M	—	—
Q3 20	88M	-26.0%	—
Q4 20	88M	0.0%	—
Q1 21	88M	0.0%	—
Q2 21	88M	+0.0%	-26.0%
Q3 21	88M	+0.8%	+0.9%
Q1 22	97M	+10.1%	+11.0%
Q1 24	117M	+20.9%	+34.2%
Q2 24	118M	+0.3%	+34.5%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 20	—	—
Q3 20	—	—
Q4 20	—	—
Q1 21	—	—
Q2 21	—	—
Q3 21	—	—
Q1 22	$74.1K	676
Q1 24	$66.8K	950
Q2 24	$67.1K	950

Revenue / Employee