Business Description
Definitive Healthcare Corp. (DH), operating through its various subsidiaries, offers specialized commercial intelligence solutions for the U.S. healthcare industry. The company's services furnish essential data on healthcare providers and their activities, enabling clients to navigate critical business processes, from the early stages of product development to strategic market entry planning and effective sales and marketing execution. Its sophisticated platform incorporates sixteen distinct intelligence modules. These modules are designed to support key functional domains such as sales optimization, marketing initiatives, clinical research, new product creation, strategic planning, human capital acquisition, and the oversight of physician networks. Definitive Healthcare caters to a broad spectrum of clients, including biopharmaceutical firms, medical device manufacturers, healthcare information technology companies, and direct healthcare providers. Additionally, its clientele extends to diverse organizations within the wider healthcare ecosystem, such as staffing and commercial real estate companies, financial institutions, and other related entities. Founded in 2011, Definitive Healthcare Corp. is headquartered in Framingham, Massachusetts.
Business History
Price Overview
Last updated: Jun 27, 2026 8:59am (just now)Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -1.30
Total Equity: $281.11M
Shares: 106,650,845
Total Debt: $167.51M
Cash: $163.63M
EBITDA: -$162.15M
Total Debt: $167.51M
Cash: $163.63M
Revenue: $241.52M
Shares: 106,650,845
Revenue: $241.52M
Revenue: $241.52M
Revenue: $241.52M
Total Equity: $281.11M
Tax Rate: 4.8%
Equity: $281.11M
Total Debt: $167.51M
Cash: $163.63M
Current Liabilities: $156.79M
Long-Term Debt: $156.09M
Total Debt: $167.51M
Total Equity: $281.11M
Shares: 106,650,845
Shares: 106,650,845
CapEx: -$16.72M
Shares: 106,650,845
Stock Price: $0.66
Net Income: -$138.93M
Industry Benchmarks
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
Income Statement (Annual)
Last updated: Jun 26, 2026 4:47pm (16h ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $166.2M | $222.7M | $251.4M | $252.2M | $241.5M |
| Cost of Revenue | $40.7M | $42.6M | $47.5M | $54.7M | $58.2M |
| Gross Profit | $125.5M | $180.0M | $203.9M | $197.5M | $183.3M |
| Operating Expenses | $152.8M | $224.1M | $533.7M | $908.3M | $203.9M |
| Operating Income | -$27.3M | -$44.0M | -$329.8M | -$710.8M | -$20.6M |
| Net Income | -$51.9M | -$7.2M | -$202.4M | -$413.1M | -$138.9M |
| EBITDA | $23.1M | $26.2M | -$241.2M | -$567.2M | -$162.2M |
| EPS | $-0.19 | $-0.07 | $-1.79 | $-3.54 | $-1.30 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 26, 2026 4:47pm (16h ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $387.5M | $146.9M | $131.0M | $105.4M | $163.6M |
| Total Current Assets | $444.2M | $413.7M | $380.4M | $370.2M | $257.6M |
| Total Assets | $2.1B | $2.1B | $1.8B | $1.1B | $735.5M |
| Current Liabilities | $123.1M | $140.6M | $170.7M | $161.2M | $156.8M |
| Long-Term Debt | $263.8M | $255.8M | $242.6M | $229.4M | $156.1M |
| Total Liabilities | $617.8M | $640.7M | $626.7M | $482.2M | $356.5M |
| Total Equity | $871.3M | $948.9M | $861.4M | $444.4M | $281.1M |
| Retained Earnings | -$17.8M | -$25.1M | -$227.5M | -$640.6M | -$779.5M |
Cash Flow (Annual)
Last updated: Jun 26, 2026 4:47pm (16h ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $25.2M | $35.6M | $41.2M | $58.2M | $53.8M |
| Capital Expenditure | -$6.7M | -$8.3M | -$3.0M | -$12.3M | -$16.7M |
| Free Cash Flow | $18.5M | $27.3M | $38.2M | $45.9M | $37.1M |
| Acquisitions (net) | -$40.0M | -$56.3M | -$45.0M | -$13.5M | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$231.8M | $0 | $0 | -$22.4M | -$49.5M |
| Net Change in Cash | $362.7M | -$240.6M | -$16.0M | -$25.6M | $58.2M |
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 4:47pm (16h ago)| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue |
$239.6M $239.4M – $239.8M
|
$223.6M $222.0M – $225.0M
|
$225.0M $217.3M – $231.2M
|
$241.4M $241.4M – $241.4M
|
| EBITDA |
-$113.8M -$113.9M – -$113.7M
|
-$106.2M -$106.8M – -$105.4M
|
-$106.8M -$109.8M – -$103.2M
|
-$114.6M -$114.6M – -$114.6M
|
| Net Income |
$25.8M $25.0M – $26.7M
|
$20.3M $18.6M – $21.9M
|
$17.4M $10.1M – $24.8M
|
$21.8M $21.2M – $22.5M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 26, 2026 4:47pm (16h ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +34.0% | +12.9% | +0.3% | -4.2% |
| Gross Profit Growth | +43.5% | +13.3% | -3.2% | -7.2% |
| Operating Income Growth | -61.2% | -648.8% | -115.5% | +97.1% |
| Net Income Growth | +86.1% | -2,702.4% | -104.1% | +66.4% |
| EBITDA Growth | +13.6% | -1,019.8% | -135.1% | +71.4% |
Insider Trading (Recent)
All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-04 | Hamood Samuel A | A-Award | 189,190.00 | $0.00 | $0 |
| 2026-06-04 | Stephenson Scott G | A-Award | 189,190.00 | $0.00 | $0 |
| 2026-06-04 | Winters Kathleen A | A-Award | 189,190.00 | $0.00 | $0 |
| 2026-06-04 | Chilukuri Sastry | A-Award | 189,190.00 | $0.00 | $0 |
| 2026-05-01 | Krantz Jason Ronald | F-InKind | 12,166.00 | $0.99 | $12,044 |
| 2026-05-01 | Heller Casey | F-InKind | 1,469.00 | $0.99 | $1,454 |
| 2026-04-01 | Coop Kevin | F-InKind | 37,593.00 | $1.09 | $40,976 |
| 2026-04-01 | Krantz Jason Ronald | F-InKind | 45,154.00 | $1.09 | $49,218 |
| 2026-03-01 | Coop Kevin | F-InKind | 175,524.00 | $1.28 | $224,671 |
| 2026-02-24 | Graboske Benjamin | A-Award | 631,068.00 | $0.00 | $0 |
| 2026-02-24 | Paris Jonathan | A-Award | 481,505.00 | $0.00 | $0 |
| 2026-02-24 | Heller Casey | A-Award | 733,301.00 | $0.00 | $0 |
| 2026-02-24 | Coop Kevin | A-Award | 1,735,437.00 | $0.00 | $0 |
| 2026-02-24 | Krantz Jason Ronald | A-Award | 242,719.00 | $0.00 | $0 |
| 2026-02-24 | Graboske Benjamin | 0.00 | $0.00 | $0 | |
| 2026-02-01 | Krantz Jason Ronald | F-InKind | 44,545.00 | $2.32 | $103,344 |
| 2026-02-01 | Heller Casey | F-InKind | 1,469.00 | $2.32 | $3,408 |
| 2026-01-05 | Heller Casey | A-Award | 195,313.00 | $0.00 | $0 |
| 2026-01-01 | Coop Kevin | F-InKind | 28,236.00 | $2.87 | $81,037 |
| 2025-12-22 | Graboske Benjamin | F-InKind | 341,417.00 | $2.53 | $863,785 |
Narrative Economics
market-narrative step).