Healthcare Triangle revenue surges 166% following AI-driven acquisitions

Healthcare Triangle (NASDAQ:HCTI) reported explosive top-line growth and a massive expansion in gross profit for the first quarter of 2026.

The results reflect the immediate, transformative impact of its twin January acquisitions, which have rapidly shifted the company's core business toward high-margin AI customer engagement.

Healthcare Triangle announced that total revenue for the quarter ended March 31, 2026, skyrocketed 166% year-over-year to $9.9 million, up from $3.7 million in the first quarter of 2025.

The company’s gross profit grew an even more impressive 627% to $2.4 million, pushing consolidated gross margins up 15 percentage points to 24%.

The growth engine for the quarter was the company's newly minted Customer Engagement Services segment.

Built on the January 29 acquisition of Spain-based Teyame 360 S.L. and Datono Mediacion S.L., the division contributed $6.9 million in its first quarter of consolidation.

This single segment accounted for approximately 70% of Healthcare Triangle's total quarterly revenue and generated a robust segment gross margin of 29%, successfully offsetting minor revenue contractions in the company's legacy software and managed services arms.

The financial overhaul comes as the company aims to establish a deeper SaaS footprint across Europe and Latin America.

Though the massive scaling effort caused the company's net loss to widen to $6.20 million due to integration overhead, non-cash adjustments, and financing costs, management emphasized that the operational groundwork is now laid.

Looking ahead, Healthcare Triangle is prioritizing cross-selling opportunities between its legacy healthcare cloud business and the new AI-driven engagement platforms, expecting further margin expansion as operational synergies fully materialize through the remainder of 2026.