vs

Side-by-side financial comparison of BYLINE BANCORP, INC. (BY) and Health Catalyst, Inc. (HCAT). Click either name above to swap in a different company.

BYLINE BANCORP, INC. is the larger business by last-quarter revenue ($112.4M vs $74.7M, roughly 1.5× Health Catalyst, Inc.). BYLINE BANCORP, INC. runs the higher net margin — 33.4% vs -121.9%, a 155.3% gap on every dollar of revenue. On growth, BYLINE BANCORP, INC. posted the faster year-over-year revenue change (9.0% vs -6.2%). Over the past eight quarters, BYLINE BANCORP, INC.'s revenue compounded faster (6.4% CAGR vs -0.0%).

Byline Bank is a bank headquartered in Chicago, Illinois, United States. It is the primary subsidiary of Byline Bancorp, Inc., a bank holding company, and the 4th largest SBA 7(a) lender.

Catalyst Pharmaceuticals, Inc. is a biopharmaceutical company based in Coral Gables, Florida, United States. The company develops medicines for rare diseases, including the phosphate salt of amifampridine for the treatment of Lambert–Eaton myasthenic syndrome (LEMS). The drug is referred to under the trade name Firdapse, which was approved by the FDA for approved use in children 6 years and older with LEMS in addition to the prior approval for use in adults with LEMS on November 28, 2018. Fir...

BY vs HCAT — Head-to-Head

Bigger by revenue
BY
BY
1.5× larger
BY
$112.4M
$74.7M
HCAT
Growing faster (revenue YoY)
BY
BY
+15.2% gap
BY
9.0%
-6.2%
HCAT
Higher net margin
BY
BY
155.3% more per $
BY
33.4%
-121.9%
HCAT
Faster 2-yr revenue CAGR
BY
BY
Annualised
BY
6.4%
-0.0%
HCAT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BY
BY
HCAT
HCAT
Revenue
$112.4M
$74.7M
Net Profit
$37.6M
$-91.0M
Gross Margin
Operating Margin
-115.3%
Net Margin
33.4%
-121.9%
Revenue YoY
9.0%
-6.2%
Net Profit YoY
33.0%
-340.3%
EPS (diluted)
$0.83
$-1.29

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BY
BY
HCAT
HCAT
Q1 26
$112.4M
Q4 25
$117.0M
$74.7M
Q3 25
$115.7M
$76.3M
Q2 25
$110.5M
$80.7M
Q1 25
$103.1M
$79.4M
Q4 24
$104.7M
$79.6M
Q3 24
$101.8M
$76.4M
Q2 24
$99.4M
$75.9M
Net Profit
BY
BY
HCAT
HCAT
Q1 26
$37.6M
Q4 25
$34.5M
$-91.0M
Q3 25
$37.2M
$-22.2M
Q2 25
$30.1M
$-41.0M
Q1 25
$28.2M
$-23.7M
Q4 24
$30.3M
$-20.7M
Q3 24
$30.3M
$-14.7M
Q2 24
$29.7M
$-13.5M
Gross Margin
BY
BY
HCAT
HCAT
Q1 26
Q4 25
Q3 25
52.6%
Q2 25
Q1 25
Q4 24
Q3 24
47.5%
Q2 24
Operating Margin
BY
BY
HCAT
HCAT
Q1 26
Q4 25
40.1%
-115.3%
Q3 25
43.1%
-22.9%
Q2 25
35.2%
-46.0%
Q1 25
36.4%
-25.4%
Q4 24
38.6%
-22.0%
Q3 24
39.3%
-17.9%
Q2 24
40.4%
-20.8%
Net Margin
BY
BY
HCAT
HCAT
Q1 26
33.4%
Q4 25
34.1%
-121.9%
Q3 25
32.1%
-29.1%
Q2 25
27.2%
-50.8%
Q1 25
27.4%
-29.9%
Q4 24
34.3%
-26.0%
Q3 24
29.8%
-19.3%
Q2 24
29.9%
-17.8%
EPS (diluted)
BY
BY
HCAT
HCAT
Q1 26
$0.83
Q4 25
$0.77
$-1.29
Q3 25
$0.82
$-0.32
Q2 25
$0.66
$-0.59
Q1 25
$0.64
$-0.35
Q4 24
$0.68
$-0.33
Q3 24
$0.69
$-0.24
Q2 24
$0.68
$-0.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BY
BY
HCAT
HCAT
Cash + ST InvestmentsLiquidity on hand
$198.4M
$95.7M
Total DebtLower is stronger
$153.3M
Stockholders' EquityBook value
$1.3B
$245.8M
Total Assets
$9.9B
$502.6M
Debt / EquityLower = less leverage
0.62×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BY
BY
HCAT
HCAT
Q1 26
$198.4M
Q4 25
$149.1M
$95.7M
Q3 25
$259.0M
$91.5M
Q2 25
$218.3M
$97.3M
Q1 25
$421.3M
$342.0M
Q4 24
$563.1M
$392.0M
Q3 24
$452.6M
$387.3M
Q2 24
$730.5M
$308.3M
Total Debt
BY
BY
HCAT
HCAT
Q1 26
Q4 25
$153.3M
Q3 25
$153.1M
Q2 25
$153.0M
Q1 25
$382.9M
Q4 24
$382.4M
Q3 24
$345.0M
Q2 24
Stockholders' Equity
BY
BY
HCAT
HCAT
Q1 26
$1.3B
Q4 25
$1.3B
$245.8M
Q3 25
$1.2B
$331.9M
Q2 25
$1.2B
$347.5M
Q1 25
$1.1B
$376.8M
Q4 24
$1.1B
$365.2M
Q3 24
$1.1B
$355.0M
Q2 24
$1.0B
$357.0M
Total Assets
BY
BY
HCAT
HCAT
Q1 26
$9.9B
Q4 25
$9.7B
$502.6M
Q3 25
$9.8B
$587.1M
Q2 25
$9.7B
$616.2M
Q1 25
$9.6B
$891.5M
Q4 24
$9.5B
$858.9M
Q3 24
$9.4B
$813.0M
Q2 24
$9.6B
$691.7M
Debt / Equity
BY
BY
HCAT
HCAT
Q1 26
Q4 25
0.62×
Q3 25
0.46×
Q2 25
0.44×
Q1 25
1.02×
Q4 24
1.05×
Q3 24
0.97×
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BY
BY
HCAT
HCAT
Operating Cash FlowLast quarter
$9.9M
Free Cash FlowOCF − Capex
$9.6M
FCF MarginFCF / Revenue
12.9%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-697.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BY
BY
HCAT
HCAT
Q1 26
Q4 25
$140.3M
$9.9M
Q3 25
$38.3M
$-464.0K
Q2 25
$16.3M
$-9.0M
Q1 25
$27.1M
$280.0K
Q4 24
$175.2M
$-3.5M
Q3 24
$19.8M
$6.2M
Q2 24
$40.1M
$1.6M
Free Cash Flow
BY
BY
HCAT
HCAT
Q1 26
Q4 25
$136.3M
$9.6M
Q3 25
$38.0M
$-719.0K
Q2 25
$15.2M
$-9.2M
Q1 25
$25.0M
$-390.0K
Q4 24
$171.2M
$-3.9M
Q3 24
$19.1M
$5.5M
Q2 24
$39.4M
$1.3M
FCF Margin
BY
BY
HCAT
HCAT
Q1 26
Q4 25
116.5%
12.9%
Q3 25
32.8%
-0.9%
Q2 25
13.7%
-11.4%
Q1 25
24.3%
-0.5%
Q4 24
163.5%
-4.9%
Q3 24
18.8%
7.2%
Q2 24
39.7%
1.7%
Capex Intensity
BY
BY
HCAT
HCAT
Q1 26
Q4 25
3.4%
0.4%
Q3 25
0.3%
0.3%
Q2 25
1.0%
0.3%
Q1 25
2.0%
0.8%
Q4 24
3.8%
0.5%
Q3 24
0.6%
0.9%
Q2 24
0.7%
0.4%
Cash Conversion
BY
BY
HCAT
HCAT
Q1 26
Q4 25
4.06×
Q3 25
1.03×
Q2 25
0.54×
Q1 25
0.96×
Q4 24
5.78×
Q3 24
0.65×
Q2 24
1.35×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BY
BY

Segment breakdown not available.

HCAT
HCAT

Recurring Technology$51.9M69%
Professional Services$22.8M31%

Related Comparisons