VitalHub Reports Third Quarter 2026 Results
Globe Newswire•12/11/2026•17:55 ET
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Key Highlights
- ➤ARR $107.2 million, up 14% year over year
- ➤Adjusted EBITDA $8.6 million, up 20% year over year
- ➤Q3 revenue $31.9 million, flat year over year
- ➤Nine-month revenue $95.6 million, up 23% year over year
- ➤Cash $129.0 million with no debt after Buddy Healthcare acquisition
Expert Statements
Dan Matlow, CEO of VitalHub
“In the third quarter, we delivered 8% annual organic ARR⁽¹⁾ growth and Adjusted EBITDA⁽¹⁾ of $8.6 million, up 20% year over year. Adjusted EBITDA as a percentage of revenue⁽¹⁾ was 27%, our highest level in the last two years”
Dan Matlow, CEO of VitalHub
“Our recurring revenue base continued to grow, with term licence, maintenance and support revenue up 9% year over year to $25.8 million, now 81% of total revenue. Services and other non-recurring revenue were seasonally lighter over the summer, against elevated project activity in the prior-year quarter.”
Dan Matlow, CEO of VitalHub
“During the quarter, we completed the acquisition of Buddy Healthcare, expanding our patient journey optimization capabilities and our footprint across the Nordic region in Europe. Cash provided by operating activities reached $23.9 million in the first nine months of 2026, up 69% year over year, and we ended the quarter with $129.0 million of cash and short-term investments with no debt. With ARR⁽¹⁾ of $107.2 million, we remain well positioned to continue executing on our two-pronged growth strategy.”
Annual Recurring Revenue (“ARR”)⁽¹⁾ up 14% YoY to $107.2 million Total Revenue flat YoY at $31.9 million Adjusted EBITDA⁽¹⁾ up 20% YoY to $8.6 million
TORONTO, Nov. 12, 2026 (GLOBE NEWSWIRE) -- VitalHub Corp. (TSX:VHI) (OTCQX:VHIBF) (the “Company” or “VitalHub”) announced today it has filed its Interim Condensed Consolidated Financial Statements and Management's Discussion and Analysis report for the three and nine months ended September 30, 2026 with the Canadian securities authorities. These documents may be viewed under the Company’s profile at www.sedarplus.com.
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