HealthStream, Inc. (HSTM) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 81.2M | 79.71M | 76.47M | 74.4M | 73.48M | 74.23M | 73.09M | 71.56M | 72.76M | 70.58M | 70.34M | 69.2M | 68.95M | 68.54M | 67.28M | 65.64M | 65.37M | 64.34M | 64.09M | 64.82M |
| Revenue Growth % | 10.5% | 7.37% | 4.62% | 3.97% | 1% | 5.18% | 3.92% | 3.41% | 5.53% | 2.98% | 4.54% | 5.42% | 5.48% | 6.52% | 4.98% | 1.27% | 2.99% | 4.08% | 5.27% | 7.04% |
| Cost of Goods Sold | 27.76M | 28.85M | 26.51M | 26.36M | 25.49M | 25.11M | 24.47M | 23.74M | 24.62M | 24.01M | 23.59M | 23.57M | 23.86M | 23.54M | 23.37M | 22.23M | 22M | 22.98M | 22.59M | 22.66M |
| COGS % of Revenue | 34.18% | 36.2% | 34.66% | 35.44% | 34.68% | 33.83% | 33.48% | 33.17% | 33.83% | 34.02% | 33.53% | 34.06% | 34.6% | 34.34% | 34.74% | 33.87% | 33.65% | 35.72% | 35.24% | 34.96% |
| Gross Profit | 53.45M | 50.86M | 49.97M | 48.03M | 48M | 49.12M | 48.63M | 47.82M | 48.14M | 46.57M | 46.75M | 45.63M | 45.09M | 45M | 43.91M | 43.4M | 43.37M | 41.36M | 41.51M | 42.16M |
| Gross Margin % | 65.82% | 63.8% | 65.34% | 64.56% | 65.32% | 66.17% | 66.52% | 66.83% | 66.17% | 65.98% | 66.47% | 65.94% | 65.4% | 65.66% | 65.26% | 66.13% | 66.35% | 64.28% | 64.76% | 65.04% |
| Gross Profit Growth % | 11.35% | 3.53% | 2.76% | 0.45% | -0.3% | 5.48% | 4.01% | 4.79% | 6.77% | 3.49% | 6.47% | 5.13% | 3.97% | 8.8% | 5.79% | 2.95% | 6.51% | 5.82% | 10.44% | 12.07% |
| Operating Expenses | 45.93M | 48.45M | 42.4M | 42.15M | 43.62M | 44.44M | 42.13M | 43.41M | 42.45M | 42.32M | 41.89M | 41.62M | 42.2M | 41.92M | 41.53M | 40.45M | 39.33M | 41.82M | 39.72M | 38.73M |
| OpEx % of Revenue | 56.57% | 60.79% | 55.44% | 56.65% | 59.36% | 59.86% | 57.63% | 60.66% | 58.35% | 59.95% | 59.55% | 60.15% | 61.21% | 61.17% | 61.72% | 61.63% | 60.17% | 65% | 61.98% | 59.75% |
| Selling, General & Admin | 20.96M | 22.66M | 19.47M | 19.21M | 20.82M | 21.29M | 19.95M | 20.96M | 20.09M | 19.86M | 20.59M | 20.37M | 20.59M | 20.5M | 20.46M | 20.45M | 19.6M | 20.99M | 20.24M | 19.24M |
| SG&A % of Revenue | 25.81% | 28.43% | 25.46% | 25.82% | 28.33% | 28.68% | 27.3% | 29.29% | 27.6% | 28.14% | 29.27% | 29.44% | 29.87% | 29.92% | 30.41% | 31.15% | 29.98% | 32.63% | 31.57% | 29.69% |
| Research & Development | 13.61M | 14.76M | 12.11M | 12.07M | 12.05M | 12.68M | 12.1M | 12.08M | 12.03M | 11.93M | 10.9M | 11.03M | 11.68M | 11.81M | 11.48M | 10.58M | 10.41M | 11.45M | 10.34M | 10.34M |
| R&D % of Revenue | 16.76% | 18.51% | 15.83% | 16.23% | 16.39% | 17.08% | 16.55% | 16.88% | 16.54% | 16.9% | 15.5% | 15.94% | 16.94% | 17.23% | 17.06% | 16.12% | 15.93% | 17.8% | 16.14% | 15.95% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 7.51M | 2.4M | 7.57M | 5.89M | 4.38M | 4.69M | 6.5M | 4.41M | 5.69M | 4.25M | 4.86M | 4.01M | 2.89M | 3.08M | 2.38M | 2.95M | 4.04M | -460K | 1.78M | 3.43M |
| Operating Margin % | 9.25% | 3.01% | 9.89% | 7.91% | 5.96% | 6.32% | 8.89% | 6.16% | 7.82% | 6.03% | 6.91% | 5.79% | 4.19% | 4.49% | 3.54% | 4.5% | 6.17% | -0.71% | 2.79% | 5.29% |
| Operating Income Growth % | 71.59% | -48.75% | 16.45% | 33.44% | -23.06% | 10.23% | 33.62% | 10.05% | 96.82% | 38.25% | 104.16% | 35.73% | -28.35% | 768.91% | 33.45% | -13.93% | 22.27% | -140.46% | -43.04% | -20.28% |
| EBITDA | 18.88M | 13.44M | 18.39M | 16.75M | 15.13M | 15.15M | 16.57M | 14.78M | 16.03M | 14.78M | 15.27M | 14.23M | 12.82M | 12.69M | 11.97M | 12.37M | 13.36M | 8.91M | 10.93M | 12.58M |
| EBITDA Margin % | 23.25% | 16.86% | 24.04% | 22.52% | 20.59% | 20.41% | 22.67% | 20.66% | 22.03% | 20.94% | 21.7% | 20.56% | 18.59% | 18.51% | 17.8% | 18.85% | 20.43% | 13.85% | 17.05% | 19.41% |
| EBITDA Growth % | 24.74% | -11.3% | 10.96% | 13.34% | -5.57% | 2.52% | 8.56% | 3.87% | 25.04% | 16.49% | 27.48% | 15.01% | -4.04% | 42.4% | 9.59% | -1.65% | 7.26% | -4.41% | 3.66% | 9.83% |
| D&A (Non-Cash Add-back) | 11.37M | 11.04M | 10.82M | 10.87M | 10.76M | 10.46M | 10.07M | 10.37M | 10.34M | 10.53M | 10.4M | 10.22M | 9.93M | 9.61M | 9.59M | 9.42M | 9.32M | 9.37M | 9.14M | 9.15M |
| EBIT | 7.51M | 2.85M | 8.25M | 5.89M | 4.38M | 4.69M | 6.5M | 4.41M | 5.69M | 4.25M | 4.86M | 4.01M | 2.89M | 3.08M | 2.38M | 2.95M | 4.04M | -460K | 1.78M | 3.43M |
| Net Interest Income | 414K | 689K | 762K | 958K | 931K | 0 | 0 | 944K | 904K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 414K | 689K | 762K | 958K | 931K | 0 | 0 | 944K | 904K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 308K | 448K | 685K | 981K | 870K | 794K | 981K | 889K | 853K | 1.16M | 590K | 492K | 250K | 191K | 2.54M | 679K | -276K | -39K | -99K | -65K |
| Pretax Income | 7.82M | 2.85M | 8.25M | 6.87M | 5.25M | 5.48M | 7.48M | 5.3M | 6.54M | 5.42M | 5.45M | 4.5M | 3.14M | 3.27M | 4.92M | 3.63M | 3.76M | -499K | 1.69M | 3.37M |
| Pretax Margin % | 9.63% | 3.58% | 10.79% | 9.23% | 7.14% | 7.39% | 10.23% | 7.41% | 8.99% | 7.67% | 7.75% | 6.5% | 4.56% | 4.77% | 7.32% | 5.53% | 5.75% | -0.78% | 2.63% | 5.19% |
| Income Tax | 1.91M | 316K | 2.17M | 1.48M | 916K | 594K | 1.75M | 1.13M | 1.32M | 827K | 1.59M | 367K | 518K | 819K | 1.26M | 549K | 866K | -112K | 186K | 925K |
| Effective Tax Rate % | 24.42% | 11.08% | 26.25% | 21.52% | 17.45% | 10.83% | 23.45% | 21.36% | 20.11% | 15.27% | 29.08% | 8.16% | 16.49% | 25.06% | 25.56% | 15.12% | 23.04% | 22.44% | 11.03% | 27.48% |
| Net Income | 5.91M | 2.54M | 6.09M | 5.39M | 4.33M | 4.89M | 5.72M | 4.17M | 5.23M | 4.59M | 3.87M | 4.13M | 2.62M | 2.45M | 3.67M | 3.08M | 2.89M | -387K | 1.5M | 2.44M |
| Net Margin % | 7.28% | 3.18% | 7.96% | 7.24% | 5.9% | 6.59% | 7.83% | 5.82% | 7.18% | 6.5% | 5.5% | 5.97% | 3.8% | 3.57% | 5.45% | 4.7% | 4.43% | -0.6% | 2.34% | 3.77% |
| Net Income Growth % | 36.43% | -48.15% | 6.31% | 29.29% | -17.12% | 6.51% | 48.05% | 0.85% | 99.28% | 87.42% | 5.48% | 34.06% | -9.33% | 732.82% | 144.4% | 26.3% | 26.28% | -141.93% | -43.05% | -29.08% |
| Net Income (Continuing) | 5.91M | 2.54M | 6.09M | 5.39M | 4.33M | 4.89M | 5.72M | 4.17M | 5.23M | 4.59M | 3.87M | 4.13M | 2.62M | 2.45M | 3.67M | 3.08M | 2.89M | -387K | 1.5M | 2.44M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.20 | 0.09 | 0.20 | 0.18 | 0.14 | 0.16 | 0.19 | 0.14 | 0.17 | 0.15 | 0.13 | 0.13 | 0.09 | 0.08 | 0.12 | 0.10 | 0.09 | -0.01 | 0.05 | 0.08 |
| EPS Growth % | 42.86% | -46.69% | 5.26% | 28.57% | -17.65% | 6.67% | 46.15% | 7.69% | 88.89% | 87.5% | 8.33% | 30% | 0% | 900% | 140% | 25% | 28.57% | -133.33% | -37.5% | -27.27% |
| EPS (Basic) | 0.20 | 0.09 | 0.20 | 0.18 | 0.14 | 0.16 | 0.19 | 0.14 | 0.17 | 0.15 | 0.13 | 0.13 | 0.09 | 0.08 | 0.12 | 0.10 | 0.09 | -0.01 | 0.05 | 0.08 |
| Diluted Shares Outstanding | 29.42M | 29.73M | 29.81M | 30.45M | 30.59M | 30.64M | 30.59M | 30.53M | 30.42M | 30.49M | 30.77M | 30.77M | 30.66M | 30.72M | 30.66M | 30.51M | 30.98M | 31.52M | 31.68M | 31.62M |
| Basic Shares Outstanding | 29.38M | 29.62M | 30.43M | 30.32M | 30.44M | 30.42M | 30.41M | 30.4M | 30.31M | 30.33M | 30.68M | 30.68M | 30.59M | 30.57M | 30.57M | 30.49M | 30.95M | 31.52M | 31.56M | 31.55M |
| Dividend Payout Ratio | 17.39% | 36.29% | 15.1% | 17.57% | 21.77% | 17.43% | 14.86% | 20.42% | 16.24% | 16.49% | 19.83% | 37.12% | - | - | - | - | - | - | 0.47% | - |