Definitive Healthcare Corp.
Business
Definitive Healthcare is a SaaS-based healthcare data and analytics provider that aggregates billions of data points from thousands of sources to deliver commercial intelligence on U.S. healthcare organizations and providers. The company offers subscription-based integrated data products enabling customers in life sciences, healthcare providers, and diversified sectors to inform product development and sales execution. Definitive Healthcare serves customers across Life Sciences, Provider, and Diversified end markets through a cloud-delivered platform.
Summary from 10-K filed 2026-02-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 242 | 252 | 251 | 223 | 166 | |
| Cost of revenue exclusive of amortization | 38 | 41 | 35 | 26 | 19 | |
| Amortization | 20 | 14 | 13 | 17 | 21 | |
| Gross profit | 183 | 197 | 204 | 180 | 125 | |
| Sales and marketing | 82 | 84 | 95 | 90 | 56 | |
| Product development | 35 | 37 | 42 | 35 | 19 | |
| General and administrative | 52 | 49 | 59 | 52 | 33 | |
| Depreciation and amortization | 36 | 38 | 39 | 40 | 39 | |
| Transaction, integration, and restructuring expenses | 8 | 12 | 12 | 8 | 6 | |
| Goodwill impairment | 196 | 689 | 287 | 0 | 0 | |
| Total operating expenses | 408 | 908 | 534 | 224 | 153 | |
| Loss from operations | −224 | −711 | −330 | −44 | −27 | |
| Interest income | 7 | 15 | 14 | 3 | 29,000 | |
| Interest expense | −11 | −15 | −15 | −11 | −26 | |
| Gain on remeasurement of TRA liability | 22 | 77 | 23 | 10 | — | |
| Loss on partial extinguishment of debt | −500,000 | 0 | 0 | 0 | −10 | |
| Other (expense) income, net | −2 | 411,000 | −291,000 | 862,000 | 294,000 | |
| Total other income, net | 15 | 77 | 22 | 2 | −35 | |
| Loss before income taxes | −209 | −634 | −308 | −42 | −63 | |
| Benefit from income taxes | 10 | 42 | 19 | 18 | 443,000 | |
| Net loss | −199 | −591 | −290 | −24 | −62 | |
| Less: Net loss attributable to noncontrolling interests | −60 | −178 | −87 | −17 | −10 | |
| Net loss attributable to Definitive Healthcare Corp. | −139 | −413 | −202 | −7 | −18 | |
| Basic (per share) | −1.3 | −3.54 | −1.79 | −0.07 | −0.19 | |
| Diluted (per share) | −1.3 | −3.54 | −1.79 | −0.07 | −0.19 | |
| Basic (shares) | 107 | 117 | 113 | 101 | 92 | |
| Diluted (shares) | 107 | 117 | 113 | 101 | 92 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 164 | 105 | 131 | 147 | 387 | |
| Short-term investments | 17 | 185 | 177 | 185 | 0 | |
| Accounts receivable, net | 52 | 53 | 59 | 59 | 43 | |
| Prepaid expenses and other assets | 12 | 13 | 13 | 13 | 7 | |
| Deferred contract costs | 13 | 14 | 13 | 10 | 7 | |
| Total current assets | 258 | 370 | 394 | 414 | 444 | |
| Property and equipment, net | 13 | 4 | 4 | 4 | 5 | |
| Operating lease right-of-use assets, net | 5 | 8 | 10 | 10 | 0 | |
| Other assets | 2 | 2 | 2 | 5 | 8 | |
| Deferred contract costs | 13 | 14 | 17 | 15 | 12 | |
| Intangible assets, net | 247 | 298 | 323 | 351 | 352 | |
| Goodwill | 197 | 393 | 1,075 | 1,325 | 1,263 | |
| Total assets | 735 | 1,089 | 1,826 | 2,123 | 2,116 | |
| Accounts payable | 4 | 11 | 6 | 4 | 5 | |
| Accrued expenses and other liabilities | 45 | 41 | 52 | 27 | — | |
| Deferred revenue | 97 | 93 | 97 | 100 | 84 | |
| Term loan | 9 | 14 | 14 | 9 | 7 | |
| Operating lease liabilities | 3 | 2 | 2 | 2 | 0 | |
| Total current liabilities | 157 | 161 | 171 | 141 | 118 | |
| Deferred revenue | 2 | 32,000 | 9,000 | 236,000 | 412,000 | |
| Term loan | 156 | 229 | 243 | 256 | 264 | |
| Operating lease liabilities | 5 | 8 | 9 | 10 | 0 | |
| TRA liability | 19 | 50 | 127 | 155 | 154 | |
| Deferred tax liabilities | 15 | 25 | 67 | 76 | 76 | |
| Other liabilities | 2 | 9 | 10 | 3 | 1 | |
| Total liabilities | 357 | 482 | 627 | 641 | 613 | |
| Commitments and Contingencies (Note 15) | — | — | — | — | — | |
| Additional paid-in capital | 1,062 | 1,085 | 1,087 | 970 | 891 | |
| Accumulated other comprehensive deficit | −1 | −610,000 | 2 | 4 | 62,000 | |
| Accumulated deficit | −780 | −641 | −227 | −25 | −18 | |
| Noncontrolling interests | 98 | 163 | 338 | 533 | 630 | |
| Total equity | 379 | 607 | 1,199 | 1,482 | 1,503 | |
| Total liabilities and equity | 735 | 1,089 | 1,826 | 2,123 | 2,116 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 3 | 2 | 2 | 2 | 2 | |
| Amortization of intangible assets | 53 | 49 | 50 | 55 | 58 | |
| Amortization of deferred contract costs | 16 | 15 | 13 | 9 | 5 | |
| Equity-based compensation | 29 | 38 | 49 | 36 | 10 | |
| Amortization of debt issuance costs | 519,000 | 702,000 | 702,000 | 702,000 | 2 | |
| Write-off of deferred offering costs | 467,000 | 0 | 0 | — | — | |
| (Recovery of) provision for bad debt expense | −232,000 | 947,000 | 1 | 1 | — | |
| Non-cash restructuring charges | 595,000 | 1 | 155,000 | — | — | |
| TRA remeasurement | −22 | −77 | −23 | −10 | −151,000 | |
| Changes in fair value of contingent consideration | −4 | −2 | 302,000 | 1 | 4 | |
| Deferred income taxes | −11 | −43 | −19 | −18 | −436,000 | |
| Accounts receivable | 1 | 6 | 811,000 | −13 | −11 | |
| Prepaid expenses and other assets | −2 | −8 | −7 | −127,000 | −4 | |
| Deferred contract costs | −13 | −13 | −19 | −15 | −14 | |
| Contingent consideration | 0 | −602,000 | 0 | −6 | 0 | |
| Accounts payable, accrued expenses and other liabilities | −1 | −5 | 1 | 3 | 3 | |
| Deferred revenue | 6 | −5 | −7 | 13 | 23 | |
| Net cash provided by operating activities | 54 | 58 | 41 | 36 | 25 | |
| Purchases of property, equipment and other assets | −17 | −12 | −3 | −8 | −7 | |
| Purchases of short-term investments | −64 | −304 | −259 | −338 | 0 | |
| Maturities of short-term investments | 235 | 304 | 275 | 154 | 0 | |
| Cash paid for acquisitions and investments, net of cash acquired | 0 | −14 | −45 | −56 | −40 | |
| Net cash provided by (used in) investing activities | 154 | −26 | −32 | −249 | −47 | |
| Repayments of term loans | −253 | −14 | −9 | −7 | — | |
| Proceeds from term loan | 175 | 0 | 0 | — | — | |
| Payments of debt issuance costs | −2 | 0 | 0 | 0 | −4 | |
| Taxes paid related to net share settlement of equity awards | −5 | −8 | −4 | −4 | 0 | |
| Repurchases of Class A common stock | −49 | −22 | 0 | 0 | — | |
| Payments of contingent consideration | 0 | −1 | 0 | −1 | −2 | |
| Payments under TRA | −14 | −7 | −246,000 | 0 | 0 | |
| Payments of equity offering issuance costs | 0 | 0 | −30,000 | −2 | −12 | |
| Member distributions | −3 | −5 | −12 | −13 | −8 | |
| Net cash used in financing activities | −151 | −57 | −26 | −27 | 384 | |
| Net increase (decrease) in cash and cash equivalents | 57 | −25 | −16 | −240 | 363 | |
| Effect of exchange rate changes on cash and cash equivalents | 1 | −636,000 | 218,000 | −544,000 | −129,000 | |
| Interest | 11 | 14 | 14 | 10 | 14 | |
| Income taxes | 833,000 | 0 | 100,000 | 0 | 0 | |
| Net assets acquired, net of cash acquired | 0 | 14 | 53 | 97 | 14 | |
| Working capital adjustment receivable | 0 | −145,000 | 145,000 | 0 | −145,000 | |
| Contingent consideration | 0 | 0 | −8 | −1 | 0 | |
| Net cash paid for acquisitions | 0 | 14 | 45 | 56 | 14 | |
| Capital expenditures included in accounts payable and accrued expenses and other liabilities | 5 | 7 | 47,000 | 1 | 7 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Definitive Healthcare Corp.'s CIK number?
Definitive Healthcare Corp.'s SEC CIK number is 0001861795 (1861795). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Definitive Healthcare Corp.'s SEC filings?
All of Definitive Healthcare Corp.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Definitive Healthcare Corp. last report earnings?
Definitive Healthcare Corp. (DH) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-211946). This is Definitive Healthcare Corp.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Definitive Healthcare Corp.'s most recent earnings 8-K?
Definitive Healthcare Corp.'s latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001193125-26-211946. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Definitive Healthcare Corp.'s latest earnings 8-K →
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