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Healthcare Triangle (HCTI) Revenue & Revenue Breakdown

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Healthcare Triangle Revenue Highlights

Latest Revenue (Y)

$33.20M

Latest Revenue (Q)

$2.41M

Main Segment (Y)

Software Services

Healthcare Triangle Revenue by Period

Healthcare Triangle Revenue by Year

DateRevenueChange
2023-12-31$33.20M-27.64%
2022-12-31$45.89M30.10%
2021-12-31$35.27M12.54%
2020-12-31$31.34M9.06%
2019-12-31$28.74M-

Healthcare Triangle generated $33.20M in revenue during NA 2023, up -27.64% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Healthcare Triangle Revenue by Quarter

DateRevenueChange
2024-09-30$2.41M-19.14%
2024-06-30$2.98M-27.38%
2024-03-31$4.11M-41.80%
2023-12-31$7.06M-9.24%
2023-09-30$7.78M-8.76%
2023-06-30$8.53M-13.34%
2023-03-31$9.84M-12.88%
2022-12-31$11.29M-5.51%
2022-09-30$11.95M3.12%
2022-06-30$11.59M4.81%
2022-03-31$11.06M20.32%
2021-12-31$9.19M13.75%
2021-09-30$8.08M-19.62%
2021-06-30$10.05M26.36%
2021-03-31$7.95M-11.58%
2020-12-31$8.99M22.20%
2020-09-30$7.36M-2.60%
2020-06-30$7.56M1.75%
2020-03-31$7.43M-

Healthcare Triangle generated $2.41M in revenue during Q3 2024, up -19.14% compared to the previous quarter, and up 28.30% compared to the same period a year ago.

Healthcare Triangle Revenue Breakdown

Healthcare Triangle Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 22Dec 21
Managed Services And Support$15.18M$19.00M
Platform Services$4.83M$3.84M
Software Services$23.88M$12.43M

Healthcare Triangle's latest annual revenue breakdown by segment (product or service), as of Dec 22: Software Services (54.42%), Managed Services And Support (34.59%), and Platform Services (10.99%).

Quarterly Revenue by Product

Product/ServiceSep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Software Services$4.92M$5.18M$6.46M$5.67M$6.18M$6.58M$5.46M$4.18M$2.31M
Platform Services$405.00K$476.00K$338.00K$328.00K$2.06M$1.10M$1.33M$207.83K$1.10M
Managed Services And Support$2.46M$2.87M$3.04M$3.30M$3.71M$3.90M$4.27M$4.80M$4.67M

Healthcare Triangle's latest quarterly revenue breakdown by segment (product or service), as of Sep 23: Software Services (63.22%), Managed Services And Support (31.57%), and Platform Services (5.21%).

Healthcare Triangle Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
MPLNMultiPlan$961.52M$230.50M
CMAXCareMax$751.10M$198.63M
HCTIHealthcare Triangle$33.20M$2.41M
LIFWMSP Recovery$7.71M$3.67M
EUDAEUDA Health$3.71M$1.11M
BFRGBullfrog AI$65.00K-
MGRXMangoceuticals-$162.56K

HCTI Revenue FAQ

What is Healthcare Triangle’s yearly revenue?

Healthcare Triangle's yearly revenue for 2023 was $33.2M, representing a decrease of -27.64% compared to 2022. The company's yearly revenue for 2022 was $45.89M, representing an increase of 30.10% compared to 2021. HCTI's yearly revenue for 2021 was $35.27M, representing an increase of 12.54% compared to 2020.

What is Healthcare Triangle’s quarterly revenue?

Healthcare Triangle's quarterly revenue for Q3 2024 was $2.41M, a -19.14% decrease from the previous quarter (Q2 2024), and a -68.98% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $2.98M, a -27.38% decrease from the previous quarter (Q1 2024), and a -65.00% decrease year-over-year (Q2 2023). HCTI's quarterly revenue for Q1 2024 was $4.11M, a -41.80% decrease from the previous quarter (Q4 2023), and a -58.23% decrease year-over-year (Q1 2023).

What is Healthcare Triangle’s revenue growth rate?

Healthcare Triangle's revenue growth rate for the last 3 years (2021-2023) was -5.86%, and for the last 5 years (2019-2023) was 15.54%.

What are Healthcare Triangle’s revenue streams?

Healthcare Triangle's revenue streams in c 22 are Managed Services And Support, Platform Services, and Software Services. Managed Services And Support generated $15.18M in revenue, accounting 34.59% of the company's total revenue, down -20.13% year-over-year. Platform Services generated $4.82M in revenue, accounting 10.99% of the company's total revenue, up 25.76% year-over-year. Software Services generated $23.88M in revenue, accounting 54.42% of the company's total revenue, up 92.14% year-over-year.

What is Healthcare Triangle’s main source of revenue?

For the fiscal year ending Dec 22, the largest source of revenue of Healthcare Triangle was Software Services. This segment made a revenue of $23.88M, representing 54.42% of the company's total revenue.