# Definitive Healthcare Corp. (DH) · Edgar & Edgarette company card

> Definitive Healthcare (DH) saw revenue fall 4.2% in FY2025 to $242 million, operating margin -92.9% against a 0.9% median for prepackaged software, equity 51.5% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1861795 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/DH) · [JSON](https://www.pops4.com/boards/company/DH.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $242M |
| Revenue growth, 1 year | -4.2% |
| Revenue growth per year | 9.8% |
| Operating margin | -92.9% (prior year -281.8%) |
| Net margin | -82.5% |
| Operating cash flow | $54M |
| Capital spending | $17M |
| Free cash flow | $37M |
| Cash | $164M |
| Long-term debt | $166M |
| Total assets | $735M |
| Total equity | $379M |
| Equity ÷ assets | 51.5% |
| Return on equity | -52.6% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -3.49 (distress zone)
- Piotroski F: 5 of 9 (middling)
- Beneish M: -4.15 (below the −1.78 line)
- Health Harbor boat: Weathered boat · two warning signs · slow and jumpy: growing slower than its size class, with revenue that swings more; operating loss: a margin of -92.9% in FY2025
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $241.5M (FY2025), total debt $166.3M. Experience: revenue down 4.2% on the year, up 9.8% a year over 4 years; operating margin -92.9%, up from -281.8%. Soundness: equity 51.5% of assets, return on equity -52.6%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $190.7M and $290.3M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $171.4M to $324.2M. A statistical range, not company guidance. Against peers (140 filers, $50M+ revenue, services-prepackaged software): operating margin -92.9% against a 0.9% median; growth -4.2% against 13.0%.

Range logged 2026-09-25, receipt 567086c66880d5aa, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 3.01 Exchange listing notice or transfer: 1, latest 2026-06-24 ([filing](https://www.sec.gov/Archives/edgar/data/1861795/000119312526281037/0001193125-26-281037-index.htm))
- Item 5.02 Director or officer change: 2, latest 2026-09-02 ([filing](https://www.sec.gov/Archives/edgar/data/1861795/000119312526379420/0001193125-26-379420-index.htm))

## Recent filings

- 8-K · filed 2026-09-09 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1861795/000119312526385950/0001193125-26-385950-index.htm)
- 8-K · filed 2026-09-02 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1861795/000119312526379460/0001193125-26-379460-index.htm)
- 8-K · filed 2026-09-02 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1861795/000119312526379420/0001193125-26-379420-index.htm)
- 10-Q · filed 2026-08-10 · [filing](https://www.sec.gov/Archives/edgar/data/1861795/000119312526342488/0001193125-26-342488-index.htm)
- 8-K · filed 2026-08-10 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1861795/000119312526342384/0001193125-26-342384-index.htm)
- 8-K · filed 2026-06-24 · 3.01 Notice of Delisting or Failure to Satisfy a Listing Rule · [filing](https://www.sec.gov/Archives/edgar/data/1861795/000119312526281037/0001193125-26-281037-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001861795.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1861795

## Cite

POPS4, Edgar & Edgarette: Definitive Healthcare Corp. (DH) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/DH. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.