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+24.0%
5Y+77.0%
10Y+161.0%
3Y+77.0%
5Y-54.0%
10Y-11.0%
3Y+53.0%
5Y+77.0%
10Y-78941.0%
HSTM

HealthStream, Inc. Cash Conversion Engine

HSTM ยท NASDAQ
Net Income18.34M
Depreciation & Amortization43.48M
Stock-Based Compensation8.14M
Change in Working Capital-24.28M
Others12.52M
Capital Expenditures-3.69M
Free Cash Flow59.63M

Cash Flow Quality Analysis

FCF Conversion Rate

325.1%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

5.8%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+102.0%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$24.28M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

HealthStream, Inc. Cash Flow Statement

HSTM โ€ข NASDAQ

HealthStream, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
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
43.5M
41.2M
52.6M
48.5M
46M
39M
36.2M
24.2M
26.3M
22.2M
17M
10.9M
7.9M
6.7M
5.4M
4.9M
5.1M
4.8M
4.5M
2.9M
5.1M
-1.1M
0.0
0.0
0.0
0.0
0.0
3M
-2M
1.8M
392K
1.3M
2.5M
5.6M
4M
2.7M
154K
-375.5M
-2M
-682.1M
8.1M
4.5M
4.2M
3.6M
5.3M
2.2M
4.2M
1.8M
1.9M
2M
3.3M
1.6M
1.5M
1.1M
788K
663.5K
660.5K
771.6K
742.3M
682.1M
12.5M
13.7M
6.6M
6.7M
-10.3M
3K
-154K
-10.1M
2.3M
1.3M
-1.3M
-1.5M
-1.9M
9K
29K
66K
-9.1M
375.2M
-741.6M
697.1K
(0.0)
(8.7M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(16.5M)
(638K)
(2.5M)
(2.6M)
(1.6M)
(371K)
(427K)
(387K)
(368K)
(145.8K)
(46.9K)
(0.0)
(0.0)
-24.3M
-20.6M
-14.5M
-19.7M
-4.5M
-19.4M
9.6M
-7.9M
8.3M
-6.8M
6.9M
11.5M
8M
1.5M
2.5M
3.7M
734.7K
-2.2M
-268.4K
-2.1M
63.3M
57.7M
64M
51.2M
42.4M
35.9M
65.7M
43.2M
46.7M
24.2M
34.9M
34.3M
26.3M
22.5M
19.8M
16.1M
11.6M
6M
7.1M
4M
INVESTING ACTIVITIES
-3.7M
-1.4M
-2.2M
-1.8M
-3.4M
-2M
-22M
-18.5M
-17.9M
-14.8M
-15.4M
-10.2M
-8.7M
-8.8M
-10.2M
-4.7M
-3.1M
-2.1M
-3.8M
-3.7M
-35.1M
-534K
-6.6M
-4M
-4.7M
-121.3M
-27M
(44M)
-55.3M
-55.3M
-90.1M
-13.6M
-7.9M
-9.9M
(6.1M)
(0.0)
(0.0)
-9.2K
-11.8M
(0.0)
(7.1M)
-74.4M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-833K
-500K
-107M
-29.4M
-45.3M
-86.1M
-40.3M
-17.3M
-5.7M
(0.0)
(0.0)
-800K
-14.3M
9.8M
28.3M
0.0
0.0
0.0
0.0
0.0
11.9M
6.8M
12.4M
54.8M
8.3M
1.6M
78.1M
10.4M
0.0
0.0
0.0
2.5M
18.8M
-28.4M
14.1M
-47.8M
-22.7M
-17.6M
12.9M
-18.5M
-115K
55.3M
107.9M
-54.8M
45.3M
86.1M
-78.1M
-6.1M
-2B
0.0
0.0
-2.6B
-270K
-50.4M
-34M
-56.6M
-28.4M
-25.7M
-110.4M
-67.5M
(36.6M)
-11.6M
-56.7M
-134.9M
-15.5M
-15M
-59M
-17.1M
-10.4M
-3.1M
-2.1M
-13.9M
(535.9K)
FINANCING ACTIVITIES
-30M
-1.1M
-9.9M
-23.7M
-6.2M
-20.5M
-1M
0.0
0.0
0.0
98M
0.0
0.0
0.0
55.1M
-379K
0.0
-2.8M
289.5K
652.6K
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
-5K
-315.8K
-744.2K
-829.9K
-575.9K
-186.6K
-3.7M
-3.4M
-3.1M
(0.0)
-19K
-40K
-58K
-32.4M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-30M
-1.1M
-9.9M
-23.7M
-6.2M
-20.5M
-1M
-338K
-412K
-316K
(0.0)
-161K
(0.0)
(0.0)
(0.0)
-379K
(0.0)
-2.9M
-80.8K
(0.0)
-2.5M
0.0
-118K
0.0
0.0
0.0
176K
2.1M
1K
46K
1.9M
3.7M
6.9M
934K
1.3M
535.9K
425.4K
210.9K
0.0
0.0
-36.3M
-4.5M
-13M
-23.7M
-6.2M
-20.5M
-916K
-30.3M
1K
46K
100M
3.7M
6.9M
934K
56.4M
-158.9K
-318.8K
-3.4M
-286.4K
466K
CASH FLOW SUMMARY
-7K
-36K
-23K
21K
-114K
58K
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
-23.3M
19.1M
-5.7M
-882K
10.3M
-95M
-2.8M
49.6M
35.1M
-32.4M
15K
22.5M
18.2M
-35.5M
59M
5.6M
8.2M
507.3K
-7.1M
5M
59.5M
40.3M
46M
46.9M
36.6M
131.5M
134.3M
84.8M
49.6M
82M
82M
59.5M
41.4M
76.9M
17.9M
12.3M
4.1M
3.6M
10.7M
5.7M
36.2M
59.5M
40.3M
46M
46.9M
36.6M
131.5M
134.3M
84.8M
49.6M
82M
82M
59.5M
41.4M
76.9M
17.9M
12.3M
4.1M
3.6M
10.7M
59.6M
29.5M
61.8M
49.4M
39M
33.9M
43.7M
24.8M
28.8M
9.4M
19.6M
24.1M
17.6M
13.8M
9.6M
11.4M
8.5M
3.9M
3.3M
322.5K

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