StockWatch
·
Computer Software: Prepackaged Software
Quarterly ResultMay 7, 2026, 04:36 PM

Definitive Healthcare Q1 Net Loss $(192.4M) on $197.2M Goodwill Impairment

AI Summary

Definitive Healthcare Corp. reported a significant net loss of $(192.35) million for the first quarter of 2026, primarily driven by a non-cash goodwill impairment charge of $197.22 million. Revenue for the quarter also saw a decline to $55.93 million compared to the prior year. The company's total assets and equity decreased substantially from the end of 2025.

Key Highlights

  • Reported a net loss of $(192.35) million for Q1 2026, compared to $(155.09) million in Q1 2025.
  • Recorded a non-cash goodwill impairment charge of $197.22 million in Q1 2026.
  • Revenue decreased to $55.93 million in Q1 2026 from $59.19 million in Q1 2025.
  • Net loss attributable to Definitive Healthcare Corp. was $(138.62) million, or $(1.32) per share.
  • Total assets declined to $514.74 million at March 31, 2026, from $735.49 million at December 31, 2025.
  • Total equity decreased to $190.70 million at March 31, 2026, from $378.99 million at December 31, 2025.
  • Net cash provided by operating activities was $11.56 million in Q1 2026, down from $26.07 million in Q1 2025.