Definitive Healthcare Corp. income statement
In fiscal 2025, Definitive Healthcare Corp. reported revenue of $242m, down 4.2% on the year before, operating income of −$224m (a -92.9% margin) and net income of −$139m, or −$1.30 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 118 | 166 | 223 | 251 | 252 | 242 | 233 |
| Cost of revenue | — | — | 43 | 47 | 55 | 58 | 58 |
| Gross profit | 88 | 125 | 180 | 204 | 197 | 183 | 175 |
| Research and development | 11 | 19 | 35 | 42 | 37 | 35 | 31 |
| Selling and marketing | 34 | 56 | 90 | 95 | 84 | 82 | 79 |
| General and administrative | 14 | 33 | 52 | 59 | 49 | 52 | 50 |
| Operating income | −16 | −27 | −44 | −330 | −711 | −224 | −243 |
| Interest expense | 36 | 26 | 11 | 15 | 15 | 11 | 11 |
| Income before tax | −53 | −63 | −42 | −308 | −634 | −209 | −238 |
| Income tax | 0 | −0 | −18 | −19 | −42 | −10 | −3 |
| Net income | 0 | −18 | −7 | −202 | −413 | −139 | −168 |
| Diluted EPS | — | −$0.19 | −$0.07 | −$1.79 | −$3.54 | −$1.30 | −$1.61 |
| Diluted shares (average) | — | 92m | 101m | 113m | 117m | 107m | 104m |
| EBITDA | −15 | −26 | −42 | −328 | −709 | −221 | −224 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 63 | 62 | 59 | 61 | 60 | 62 | 56 | 55 |
| Cost of revenue | 14 | 15 | 15 | 14 | 14 | 15 | 14 | 15 |
| Gross profit | 49 | 48 | 44 | 47 | 46 | 47 | 42 | 41 |
| Research and development | 7 | 9 | 9 | 8 | 8 | 10 | 6 | 7 |
| Selling and marketing | 20 | 20 | 21 | 20 | 20 | 20 | 20 | 19 |
| General and administrative | 11 | 9 | 12 | 13 | 12 | 14 | 12 | 11 |
| Operating income | −225 | −100 | −185 | −4 | −9 | −27 | −201 | −7 |
| Interest expense | 4 | 4 | 2 | 3 | 3 | 3 | 3 | 3 |
| Income before tax | −202 | −91 | −166 | −9 | −17 | −17 | −196 | −8 |
| Income tax | −14 | −6 | −11 | 0 | 1 | −0 | −3 | −0 |
| Net income | −131 | −59 | −107 | −8 | −15 | −9 | −139 | −5 |
| Diluted EPS | −$1.12 | −$0.52 | −$0.95 | −$0.07 | −$0.14 | −$0.10 | −$1.32 | −$0.05 |
| EBITDA | −216 | −99 | −184 | 5 | 0 | −26 | −200 | 2 |
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