Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 60,046,000 | 60,750,000 | 59,191,000 | 62,288,000 | 62,697,000 | 63,737,000 | 63,480,000 | 65,932,000 | 65,325,000 | 60,957,000 | 59,201,000 | 60,599,000 | 57,382,000 | 54,548,000 | 50,124,000 | -79,796,000 | 43,084,000 |
yoy | -4.23% | -4.69% | -6.76% | -5.53% | -4.02% | 4.56% | 7.23% | 8.80% | 13.84% | 11.75% | 18.11% | -175.94% | 33.19% | ||||
qoq | -1.16% | 2.63% | -4.97% | -0.65% | -1.63% | 0.40% | -3.72% | 0.93% | 7.17% | 2.97% | -2.31% | 5.61% | 5.20% | 8.83% | -162.82% | -285.21% | |
cost of revenue: | |||||||||||||||||
cost of revenue exclusive of amortization | 9,069,000 | 8,800,000 | 10,141,000 | 10,967,000 | 10,077,000 | 9,904,000 | 9,736,000 | 9,447,000 | 8,663,000 | 8,078,000 | 8,552,000 | 7,149,000 | 6,569,000 | 6,198,000 | |||
amortization | 4,984,000 | 5,337,000 | 5,290,000 | 3,719,000 | 3,589,000 | 3,379,000 | 3,362,000 | 3,066,000 | 3,232,000 | 3,090,000 | 3,354,000 | 2,646,000 | 3,155,000 | 5,580,000 | 5,378,000 | -7,282,000 | 5,356,000 |
gross profit | 45,993,000 | 46,613,000 | 43,760,000 | 47,602,000 | 49,031,000 | 50,454,000 | 50,382,000 | 53,419,000 | 53,430,000 | 49,789,000 | 47,295,000 | 50,804,000 | 47,658,000 | 42,770,000 | 38,796,000 | -63,287,000 | 32,599,000 |
yoy | -6.20% | -7.61% | -13.14% | -10.89% | -8.23% | 1.34% | 6.53% | 5.15% | 12.11% | 16.41% | 21.91% | -180.28% | 46.19% | ||||
qoq | -1.33% | 6.52% | -8.07% | -2.91% | -2.82% | 0.14% | -5.69% | -0.02% | 7.31% | 5.27% | -6.91% | 6.60% | 11.43% | 10.24% | -161.30% | -294.14% | |
gross margin % | 76.60% | 76.73% | 73.93% | 76.42% | 78.20% | 79.16% | 79.37% | 81.02% | 81.79% | 81.68% | 79.89% | 83.84% | 83.05% | 78.41% | 77.40% | 79.31% | 75.66% |
operating expenses: | |||||||||||||||||
sales and marketing | 20,380,000 | 20,469,000 | 20,653,000 | 20,372,000 | 20,130,000 | 21,545,000 | 21,760,000 | 23,605,000 | 22,804,000 | 24,702,000 | 23,423,000 | 23,523,000 | 21,184,000 | 23,585,000 | 21,293,000 | -28,189,000 | 14,376,000 |
product development | 7,553,000 | 7,968,000 | 9,301,000 | 8,982,000 | 7,282,000 | 10,122,000 | 10,132,000 | 11,569,000 | 10,759,000 | 10,229,000 | 9,884,000 | 10,129,000 | 9,205,000 | 8,706,000 | 6,850,000 | -9,333,000 | 4,746,000 |
general and administrative | 12,364,000 | 12,673,000 | 12,269,000 | 8,503,000 | 11,354,000 | 12,527,000 | 16,883,000 | 16,567,000 | 14,545,000 | 13,670,000 | 13,640,000 | 15,217,000 | 13,718,000 | 9,392,000 | 10,454,000 | -12,526,000 | 7,880,000 |
depreciation and amortization | 9,076,000 | 9,001,000 | 8,527,000 | 9,413,000 | 9,474,000 | 9,409,000 | 9,322,000 | 9,935,000 | 9,795,000 | 9,688,000 | 9,590,000 | 10,040,000 | 10,037,000 | 10,194,000 | 9,874,000 | -6,355,000 | 9,760,000 |
transaction, integration, and restructuring expenses | 5,308,000 | 672,000 | 1,265,000 | 2,835,000 | -1,995,000 | 2,851,000 | 8,534,000 | 1,823,000 | 3,505,000 | 3,571,000 | 2,590,000 | ||||||
goodwill impairment | 176,531,000 | 97,060,000 | 228,153,000 | 363,641,000 | 287,400,000 | ||||||||||||
total operating expenses | 54,681,000 | 50,783,000 | 228,546,000 | 147,165,000 | 274,398,000 | 420,095,000 | 66,631,000 | 63,499,000 | 348,808,000 | 61,860,000 | 59,127,000 | 60,437,000 | 57,089,000 | 53,984,000 | 49,781,000 | -45,032,000 | 36,625,000 |
income from operations | -8,688,000 | -4,170,000 | -184,786,000 | -99,563,000 | -225,367,000 | -369,641,000 | -16,249,000 | -10,080,000 | -295,378,000 | -12,071,000 | -11,832,000 | -9,633,000 | -9,431,000 | -11,214,000 | -10,985,000 | -18,255,000 | -4,026,000 |
yoy | -96.14% | -98.87% | 1037.21% | 887.73% | -23.70% | 2962.22% | 37.33% | 4.64% | 3031.99% | 7.64% | 7.71% | -47.23% | 134.25% | ||||
qoq | 108.35% | -97.74% | 85.60% | -55.82% | -39.03% | 2174.85% | 61.20% | -96.59% | 2347.01% | 2.02% | 22.83% | 2.14% | -15.90% | 2.08% | -39.82% | 353.43% | |
operating margin % | -14.47% | -6.86% | -312.19% | -159.84% | -359.45% | -579.95% | -25.60% | -15.29% | -452.17% | -19.80% | -19.99% | -15.90% | -16.44% | -20.56% | -21.92% | 22.88% | -9.34% |
other income, net: | |||||||||||||||||
interest income | 1,668,000 | 1,749,000 | 2,052,000 | 3,206,000 | 3,742,000 | 3,717,000 | 3,927,000 | 3,774,000 | 3,464,000 | 3,572,000 | 2,834,000 | ||||||
interest expense | -2,999,000 | -2,990,000 | -2,433,000 | -3,509,000 | -3,749,000 | -3,763,000 | -3,816,000 | -3,899,000 | -3,897,000 | -3,793,000 | -3,614,000 | -1,483,000 | -2,466,000 | -2,580,000 | -1,884,000 | 5,752,000 | -7,186,000 |
gain on remeasurement of tra liability | -7,140,000 | ||||||||||||||||
loss on partial extinguishment of debt | -507,000 | ||||||||||||||||
other income | -109,000 | -497,000 | -969,000 | 496,000 | -357,000 | -101,000 | 373,000 | -1,982,000 | 29,589,000 | -797,000 | -3,698,000 | 807,000 | 5,528,000 | 4,002,000 | -101,000 | ||
total other income | -8,580,000 | -4,639,000 | 18,807,000 | 8,951,000 | 23,819,000 | 41,554,000 | 2,751,000 | -2,107,000 | 29,156,000 | -1,018,000 | -4,478,000 | -676,000 | 3,062,000 | 1,422,000 | -1,985,000 | 15,482,000 | -16,940,000 |
net income before income taxes | -17,268,000 | -8,809,000 | -165,979,000 | -135,783,250 | -201,548,000 | -328,087,000 | -13,498,000 | -73,998,250 | -266,222,000 | -13,089,000 | -16,310,000 | -7,282,750 | -6,369,000 | -9,792,000 | -12,970,000 | ||
(benefit from) benefit from income taxes | -524,000 | -456,000 | |||||||||||||||
net income | -17,792,000 | -9,265,000 | -155,093,000 | -84,717,000 | -187,824,000 | -306,187,000 | -12,718,000 | -13,362,000 | -248,688,000 | -11,605,000 | -15,600,000 | 6,735,000 | -6,354,000 | -9,579,000 | -13,057,000 | -2,773,000 | -20,966,000 |
yoy | -90.53% | -96.97% | 1119.48% | 534.01% | -24.47% | 2538.41% | -18.47% | -298.40% | 3813.88% | 21.15% | 19.48% | -342.88% | -69.69% | ||||
qoq | 92.03% | -94.03% | 83.07% | -54.90% | -38.66% | 2307.51% | -4.82% | -94.63% | 2042.94% | -25.61% | -331.63% | -206.00% | -33.67% | -26.64% | 370.86% | -86.77% | |
net income margin % | -29.63% | -15.25% | -262.02% | -136.01% | -299.57% | -480.39% | -20.03% | -20.27% | -380.69% | -19.04% | -26.35% | 11.11% | -11.07% | -17.56% | -26.05% | 3.48% | -48.66% |
less: net income attributable to noncontrolling interests | -2,954,000 | -1,714,000 | -47,865,000 | -25,642,000 | -56,928,000 | -92,552,000 | -3,200,000 | -3,129,000 | -77,162,000 | -3,039,000 | -3,783,000 | -3,691,000 | -3,665,000 | -4,429,000 | -4,433,000 | -1,293,000 | -5,172,000 |
net income attributable to definitive healthcare corp. | -14,838,000 | -7,551,000 | -107,228,000 | -59,075,000 | -130,896,000 | -213,635,000 | -9,518,000 | -10,233,000 | -171,526,000 | -8,566,000 | -11,817,000 | 10,426,000 | -2,689,000 | -5,150,000 | -8,624,000 | -1,994,500 | -7,978,000 |
net income per share | |||||||||||||||||
basic and diluted | -0.14 | -0.07 | -0.95 | -0.52 | -1.12 | -1.81 | -0.08 | -0.07 | -1.5 | -0.08 | -0.11 | 0.1 | -0.03 | -0.05 | -0.09 | -0.023 | -0.09 |
weighted-average class a common stock outstanding: | |||||||||||||||||
basic and diluted | 103,783,012 | 106,815,740 | 112,782,505 | 116,640,183 | 116,382,021 | 117,750,392 | 117,433,520 | 112,764,537 | 114,527,514 | 111,768,782 | 108,234,043 | 101,114,105 | 102,904,565 | 99,203,697 | 97,158,823 | 88,263,333 | |
gain on remeasurement of tax receivable agreement liability | -2,901,000 | 20,664,000 | 8,758,000 | 24,183,000 | 41,701,000 | 2,267,000 | |||||||||||
benefit from income taxes | 10,886,000 | 5,895,000 | 13,724,000 | 21,900,000 | 780,000 | -1,175,000 | 17,534,000 | 1,484,000 | 710,000 | -87,000 | |||||||
transaction, integration and restructuring expenses | 1,590,500 | 2,945,000 | |||||||||||||||
loss on extinguishment of debt | -2,468,250 | -9,873,000 | |||||||||||||||
income tax benefit | 35,250 | 15,000 | 213,000 | ||||||||||||||
less: net income attributable to definitive opco prior to the reorganization transactions | -15,923,000 | -7,816,000 | |||||||||||||||
transaction and restructuring expenses | 2,107,000 | ||||||||||||||||
cost of revenue exclusive of amortization shown below | 5,950,000 | -9,227,000 | 5,129,000 | ||||||||||||||
transaction expenses | 1,310,000 | 11,371,000 | -137,000 | ||||||||||||||
foreign currency transaction gain | 35,750 | 119,000 | |||||||||||||||
weighted-average common stock outstanding: | |||||||||||||||||
basic and diluted | 103,783,012 | 106,815,740 | 112,782,505 | 116,640,183 | 116,382,021 | 117,750,392 | 117,433,520 | 112,764,537 | 114,527,514 | 111,768,782 | 108,234,043 | 101,114,105 | 102,904,565 | 99,203,697 | 97,158,823 | 88,263,333 |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.
