Definitive Healthcare Q1 revenue slightly beats estimates on higher customer retention, new customer win

Definitive Healthcare

07/05/2026 22:03

Overview

Healthcare data provider's Q1 revenue fell 6% but slightly beat analyst expectations

Adjusted net income rose year-over-year to $8.5 mln

Company posted large net loss due to $197 mln goodwill impairment

Outlook

Company expects Q2 2026 revenue of $55.0 mln to $56.0 mln

Definitive Healthcare sees full-year 2026 revenue of $220.0 mln to $226.0 mln

Company expects full-year 2026 adjusted EBITDA of $55.0 mln to $59.0 mln

Result Drivers

RETENTION IMPROVEMENT - Co said it saw improvements in customer retention rates, per CEO Kevin Coop

CUSTOMER WINS - Co highlighted new customer wins and expansion opportunities across all end-markets

Company press release: ID:nGNXY5g8K

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Beat*
$55.93 mln
$55.40 mln (10 Analysts)
Q1 Net Income
-$192.35 mln
Q1 Gross Profit
$41.65 mln
Q1 Pretax Profit
-$195.79 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 8 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy."

Wall Street's median 12-month price target for Definitive Healthcare Corp is $2.75, about 191% above its May 6 closing price of $0.95

The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 9 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)