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HealthStream, Inc. (HSTM)

Nasdaq Health Care Health Care Technology S&P SmallCap 600
$28.89
-0.71 (-2.40%)
Close of Nov 06, 2026 · end-of-day data
Source: HealthStream, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$192.12M$214.90M$231.62M$254.11M$244.83M$256.71M$266.83M$279.06M$291.65M$304.06M
Cost of revenue—$87.21M$96.01M$103.89M$89.33M$91.03M$91.14M$95.02M$97.94M$107.21M
Gross profit—$127.69M$135.60M$150.22M$155.49M$165.68M$175.68M$184.04M$193.71M$196.85M
Research & development$24.23M$24.15M$25.73M$29.11M$32.30M$41.66M$44.28M$45.54M$48.89M$50.98M
Operating income$7.17M$9.41M$15.49M$14.72M$15.82M$8.05M$12.45M$16.02M$21.29M$20.24M
Pre-tax income$7.75M$10.14M$16.57M$17.93M$17.82M$7.77M$15.59M$18.51M$24.80M$23.22M
Income tax$2.96M$1.30M$3.32M$3.73M$3.73M$1.92M$3.49M$3.30M$4.80M$4.88M
Net income$3.75M$10.00M$32.22M$15.77M$14.09M$5.84M$12.09M$15.21M$20.01M$18.34M
EBITDA$27.54M$33.45M$39.72M$42.59M$46.01M$44.87M$50.39M$57.09M$62.53M$63.71M
EPS (basic)$0.12$0.31$1.00$0.49$0.44$0.19$0.39$0.50$0.66$0.61
EPS (diluted)$0.12$0.31$1.00$0.49$0.44$0.18$0.39$0.50$0.66$0.61
Diluted shares32.07M32.20M32.34M32.43M31.99M31.62M30.72M30.67M30.54M30.14M
Gross margin—59.4%58.5%59.1%63.5%64.5%65.8%65.9%66.4%64.7%
Operating margin3.7%4.4%6.7%5.8%6.5%3.1%4.7%5.7%7.3%6.7%
Net margin2.0%4.7%13.9%6.2%5.8%2.3%4.5%5.5%6.9%6.0%

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$49.63M$84.77M$134.32M$131.54M$36.57M$46.91M$46.02M$40.33M$59.47M$36.16M
Short-term investments—$46.35M$34.50M$41.33M$9.93M$5.04M$7.88M$30.80M$37.75M$20.84M
Receivables$44.80M$36.69M$38.12M$27.65M$40.73M$30.31M$36.73M$34.35M$30.19M$32.15M
Total current assets$177.44M$199.73M$241.43M$224.57M$114.72M$106.84M$114.38M$130.21M$153.12M$119.66M
Goodwill$85.61M$86.14M$86.14M$102.20M$178.44M$182.50M$192.40M$191.38M$191.22M$217.52M
Total assets$396.00M$411.12M$441.95M$489.54M$500.31M$486.75M$497.74M$499.94M$510.77M$520.37M
Total current liabilities$94.97M$101.07M$106.85M$105.19M$119.44M$100.35M$117.21M$118.36M$115.69M$124.15M
Total liabilities$109.89M$110.95M$123.00M$151.38M$166.25M$147.73M$163.68M$159.19M$151.41M$166.35M
Shareholders' equity$286.11M$300.17M$318.95M$338.17M$334.06M$339.02M$334.06M$340.75M$359.36M$354.02M

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$24.23M$46.71M$43.25M$65.66M$35.87M$42.38M$51.19M$63.97M$57.66M$63.32M
Capital expenditures$4.81M$5.51M$7.17M$22.00M$1.99M$3.42M$1.77M$2.20M$1.40M$3.69M
Free cash flow$19.43M$41.20M$36.08M$43.66M$33.89M$38.97M$49.42M$61.77M$56.26M$59.63M
Investing cash flow-$56.66M-$11.58M$36.56M-$67.52M-$110.41M-$25.72M-$28.39M-$56.60M-$33.97M-$50.35M
Financing cash flow$46.00K$1.00K-$30.25M-$916.00K-$20.49M-$6.21M-$23.70M-$13.04M-$4.52M-$36.27M
Dividends paid——$32.36M$58.00K$40.00K$19.00K$0$3.10M$3.40M$3.70M
Share buybacks———$0$20.02M$5.01M$23.14M$8.93M$0$30.02M
Stock-based compensation$1.90M$1.74M$1.78M$4.24M$2.22M$5.30M$3.55M$4.15M$4.47M$8.14M
Depreciation & amortization$20.37M$24.05M$24.23M$27.87M$30.19M$36.81M$37.95M$41.08M$41.24M$43.48M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.