Definitive Healthcare Corp. (DH) Financial Statements
Industry: Prepackaged Software (Services)
In fiscal 2025, Definitive Healthcare reported revenue of $241.5M, down 4.2% from $252.2M the year before. Net income was -$138.9M (a -57.5% net margin), or -$1.30 per diluted share. Gross margin was 75.9% and operating margin was -92.9%. Operating activities generated $53.8M of cash, leaving $37.1M of free cash flow. At fiscal year end, Definitive Healthcare held $735.5M in total assets against $356.5M in total liabilities, including $163.6M of cash and equivalents.
Open the full interactive Definitive Healthcare financials → Quarterly statements, key ratios, valuation history and price charts.
Definitive Healthcare Key Stats
| Share Price | $0.98 |
|---|---|
| Market Cap | $103.8M |
| Revenue YoY Growth | -4.2% |
| 52-Week Range | $0.63 – $3.04 |
| Shares Outstanding | 105.8 million (basic, 2026 Q2) |
Definitive Healthcare Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $166.2M | $222.7M | $251.4M | $252.2M | $241.5M |
| Gross Profit | $125.5M | $180.0M | $203.9M | $197.5M | $183.3M |
| Operating Income | -$25.0M | -$41.3M | -$329.8M | -$710.8M | -$224.3M |
| Pre-Tax Income | -$60.6M | -$39.4M | -$308.2M | -$633.7M | -$209.3M |
| Income Tax | $675,000 | -$17.2M | -$18.6M | -$42.3M | -$10.0M |
| Net Income | -$17.7M | -$6.0M | -$202.4M | -$413.1M | -$138.9M |
| Diluted EPS | -$0.19 | -$0.06 | -$1.79 | -$3.54 | -$1.30 |
Definitive Healthcare Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $60.0M | $61.5M | $55.9M | $55.2M |
| Net Income | -$14.8M | -$9.3M | -$138.6M | -$5.4M |
| Diluted EPS | -$0.14 | -$0.09 | -$1.32 | -$0.05 |
Definitive Healthcare Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $387.5M | $146.9M | $131.0M | $105.4M | $163.6M |
| Current Assets | $444.2M | $413.7M | $393.9M | $370.2M | $257.6M |
| Total Assets | $2.12B | $2.12B | $1.83B | $1.09B | $735.5M |
| Current Liabilities | $117.8M | $132.5M | $170.7M | $161.2M | $156.8M |
| Total Long-Term Debt | $270.7M | $264.4M | $256.3M | $243.1M | $164.8M |
| Total Liabilities | $612.7M | $633.8M | $626.7M | $482.2M | $356.5M |
| Shareholders' Equity | $1.50B | $1.49B | $1.20B | $607.2M | $379.0M |
Definitive Healthcare Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | $25.2M | $35.6M | $41.2M | $58.2M | $53.8M |
| Cash From Investing | -$46.7M | -$248.9M | -$31.8M | -$26.4M | $153.9M |
| Cash From Financing | $384.4M | -$26.7M | -$25.6M | -$56.7M | -$150.8M |
| Free Cash Flow | $18.5M | $27.3M | $38.2M | $45.9M | $37.1M |
Figures from Definitive Healthcare's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Definitive Healthcare financials page for every line item.
Definitive Healthcare Company Profile
| Ticker | DH |
|---|---|
| Exchange | Nasdaq |
| Industry | Prepackaged Software (Services) |
| Headquarters | Framingham, Massachusetts |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer, smaller reporting company |
| SEC CIK | 0001861795 |
Frequently Asked Questions
What was Definitive Healthcare's revenue in fiscal 2025?
Definitive Healthcare (DH) reported revenue of $241.5M for fiscal 2025.
What is Definitive Healthcare's annual revenue history?
Definitive Healthcare's annual revenue by fiscal year: 2021: $166.2M; 2022: $222.7M; 2023: $251.4M; 2024: $252.2M; 2025: $241.5M.
What was Definitive Healthcare's net income in fiscal 2025?
Definitive Healthcare reported net income of -$138.9M for fiscal 2025.
What was Definitive Healthcare's earnings per share (EPS) in fiscal 2025?
Definitive Healthcare's diluted EPS was -$1.30 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Definitive Healthcare generate in fiscal 2025?
Definitive Healthcare generated $37.1M of free cash flow in fiscal 2025.
What was Definitive Healthcare's revenue last quarter?
In its most recent reported quarter (2026 Q2), Definitive Healthcare reported revenue of $55.2M.
How much debt does Definitive Healthcare have?
Definitive Healthcare reported $164.8M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Definitive Healthcare are outstanding?
Definitive Healthcare reported a weighted average of 105.8 million basic shares outstanding in 2026 Q2.
What is Definitive Healthcare's market cap?
Based on its latest closing price, Definitive Healthcare (DH) has a market capitalization of about $103.8M.
When does Definitive Healthcare's fiscal year end?
Definitive Healthcare's fiscal year end, as registered with the SEC, is December 31.
Where is Definitive Healthcare headquartered?
Definitive Healthcare lists its business address in Framingham, Massachusetts in its SEC filings.