Definitive Healthcare Reports Financial Results for Third Quarter 2026
Key Highlights
- ➤Revenue $54.7 million, down 9% from Q3 2025
- ➤Net loss narrowed to $(5.4) million from $(17.8) million year-over-year
- ➤Adjusted EBITDA fell to $15.7 million, with margin declining to 29%
- ➤Unlevered free cash flow reached $13.0 million in the quarter
- ➤Definitive Healthcare withheld guidance and its conference call amid Advent’s acquisition indication
Expert Statements
Clay Ritchey, CEO of Definitive Healthcare
“Since joining Definitive, I’ve been focused on listening to our customers and our employees. What I’ve heard confirms my belief in the strength of our position in the market, and it has also shown me where we can execute better. This quarter’s results demonstrate the underlying health of the business and a solid foundation to build upon.”
FRAMINGHAM, Mass., Nov. 05, 2026 (GLOBE NEWSWIRE) -- Definitive Healthcare Corp. (“Definitive Healthcare” or the “Company”) (Nasdaq: DH), an industry leader in healthcare market data and analytics, today announced financial results for the quarter ended September 30, 2026.
Third Quarter 2026 Financial Highlights: * Revenue was $54.7 million, a decrease of 9% from $60.0 million in Q3 2025. * Net Loss was $(5.4) million, or (10)% of revenue, compared to $(17.8) million, or (30)% of revenue in Q3 2025. * Adjusted Net Income was $8.8 million, compared to $9.7 million in Q3 2025. * Adjusted EBITDA was $15.7 million, or 29% of revenue, compared to $18.9 million, or 32% of revenue in Q3 2025. * Cash Flow from Operations was $11.4 million in the quarter. * Unlevered Free Cash Flow was $13.0 million in the quarter. "Since joining Definitive, I’ve been focused on listening to our customers and our employees,” said Clay Ritchey, CEO of Definitive Healthcare. “What I’ve heard confirms my belief in the strength of our position in the market, and it has also shown me where we can execute better. This quarter’s results demonstrate the underlying health of the business and a solid foundation to build upon.”
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