HealthStream, Inc.

HealthStream, Inc.

HSTMยทNASDAQ

$24.54

-2.7%
HealthcareMedical - Healthcare Information Services

HealthStream, Inc. provides workforce and provider solutions for healthcare organizations in the United States. It operates through two segments, Workforce Solutions and Provider Solutions. The company offers workforce solutions, including software-as-a-service (SaaS) based services and subscription-based solutions to meet the range of its clinical development, talent management, training, education, certification, scheduling, competency assessment, performance appraisal, and other needs, as well as implementation and account management services. It also provides applications for learning, performance appraisal, competency management, disclosure management, clinical assessment and development, simulation-based education, quality management, and industry training. In addition, the company offers VerityStream that delivers enterprise-class solutions to transform the healthcare provider experience for ambulatory surgery centers, urgent care facilities, clinics, medical groups, and other healthcare organizations; EchoCredentialing and MSOW platforms that manage medical staff credentialing, enrollment, and privileging processes for hospitals; and EchoOneApp, a provider enrollment platform for medical groups. Further, it provides CredentialMyDoc, a credentialing and enrollment SaaS solution for medical groups and surgery centers; CredentialStream, a SaaS-based provider credentialing, privileging, and enrollment solution; and NurseGrid Mobile for nurse managers. The company offers its solutions in healthcare industry companies that include private, not-for-profit, and government entities, as well as pharmaceutical and medical device companies through direct sales teams. HealthStream, Inc. was incorporated in 1990 and is headquartered in Nashville, Tennessee.

At a Glance

Live Snapshot
Market Cap$716.94M
EPS0.6100
P/E Ratio40.23
Earnings Date08/03/2026
3Y+14.0%
5Y+24.0%
10Y+35.0%
3Y+52.0%
5Y+30.0%
10Y+388.0%
3Y+24.0%
5Y+77.0%
10Y+161.0%
HealthStream, Inc.

HealthStream, Inc. Profit Bridge

HSTM ยท NASDAQ
Revenue304.06M
Cost of Goods Sold (107.21M)
Gross Profit196.85M
Operating Expenses (176.62M)
Operating Income20.24M
Interest Expense (0.00)
Other Income/Expense2.98M
Pretax Income23.22M
Income Tax (4.88M)
Net Income18.34M
Net Income
18.34M

Profitability Analysis

Gross Margin

64.7%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

6.7%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

6.0%

Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.

Effective Tax Rate

21.0%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

HealthStream, Inc. Income Statement

HSTM โ€ข NASDAQ

HealthStream, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
304.1M
291.6M
279.1M
266.8M
256.7M
244.8M
254.1M
231.6M
247.7M
226M
209M
170.7M
132.3M
103.7M
82.1M
65.8M
57.4M
51.6M
43.9M
31.8M
GROSS PROFIT
(107.2M)
(97.9M)
(95M)
(91.1M)
(91M)
(89.3M)
(103.9M)
(96M)
(106M)
(96.6M)
(89.4M)
(74.1M)
(55.6M)
(41.7M)
(31.1M)
(24.2M)
(21.3M)
(19.7M)
(16.2M)
(10.9M)
196.9M
193.7M
184M
175.7M
165.7M
155.5M
150.2M
135.6M
141.7M
129.3M
119.6M
96.5M
76.7M
62.1M
51M
41.6M
36.1M
31.9M
27.8M
20.9M
OPERATING INCOME
(176.6M)
(172.4M)
(168M)
(163.2M)
(157.6M)
(139.7M)
(135.5M)
(120.1M)
(131.9M)
(123.8M)
(106.1M)
(80.2M)
(62M)
(48.6M)
(39.7M)
(34.5M)
(30.9M)
(29.5M)
(25.9M)
(19M)
(82.2M)
(82.3M)
(81.4M)
(81M)
(79.2M)
(77.2M)
(78.5M)
(70.1M)
(77.7M)
(72.7M)
(64.8M)
(52.8M)
(42.4M)
(33.3M)
(26.8M)
(22.6M)
(19.5M)
(19M)
(17.1M)
(12.6M)
(51M)
(48.9M)
(45.5M)
(44.3M)
(41.7M)
(32.3M)
(29.1M)
(25.7M)
(27.9M)
(28.9M)
(24.2M)
(16.5M)
(11.8M)
(8.6M)
(7.5M)
(7M)
(6.3M)
(5.7M)
(4.3M)
(3.5M)
20.2M
21.3M
16M
12.4M
8.1M
15.8M
14.7M
15.5M
9.8M
5.6M
13.6M
16.4M
14.7M
13.5M
11.3M
7.1M
5.1M
2.5M
1.9M
1.9M
PRE-TAX INCOME
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(48K)
(40.9K)
(40.7K)
(67.6K)
(0.0)
(0.0)
3.3M
3.8M
2.4M
444K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
10K
-20.9K
-15.2K
72.2K
0.0
0.0
(43.5M)
(41.2M)
(41.1M)
(37.9M)
(36.8M)
(30.2M)
(27.9M)
(1.1M)
(733K)
(581K)
(162K)
(146K)
(176K)
(118K)
(5.4M)
(4.9M)
(5.1M)
(4.8M)
(21.6M)
(15.5M)
3M
3.5M
2.5M
3.1M
-289K
2M
3.2M
1.1M
733K
-372K
162K
146K
176K
118K
10K
-21K
-15.2K
72.2K
226.3K
618.6K
23.2M
24.8M
18.5M
15.6M
7.8M
17.8M
17.9M
16.6M
10.5M
6.1M
13.7M
16.5M
14.8M
13.6M
11.3M
7M
5.1M
2.6M
2.1M
2.5M
NET INCOME
(4.9M)
(4.8M)
(3.3M)
(3.5M)
(1.9M)
(3.7M)
(3.7M)
(3.3M)
(529K)
(2.4M)
(5.1M)
(6.1M)
(6.4M)
(5.9M)
(4.4M)
(2.9M)
-8.9M
-301.1K
-1.9M
(28K)
18.3M
20M
15.2M
12.1M
5.8M
14.1M
15.8M
32.2M
10M
3.8M
8.6M
10.4M
8.4M
7.6M
6.9M
4.2M
14M
2.9M
4.1M
2.5M

SEC Filings

HSTM - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 29, 2026
May 28, 2026
2026
8-K

8-K 2026

N/A

May 08, 2026
May 04, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 06, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 04, 2026
May 04, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 10, 2026
May 28, 2026
2026
8-K

8-K 2026

N/A

March 13, 2026
March 13, 2026
2026
10-K

10-K 2025 FY

FY

February 27, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 23, 2026
February 23, 2026
2026
8-K

8-K 2025

N/A

December 15, 2025
December 15, 2025
2025
8-K

8-K 2025

N/A

December 09, 2025
December 09, 2025
2025
Showing 1 to 10 of 354 filings