Healthstream HSTM
NASDAQ HSTM
$29.20 -0.54 (-1.82%)
At close: Sep 4, 2026 · 4:00 PM EDT

Healthstream (HSTM) Cost of Revenue (2010 - 2026)

Healthstream's (HSTM) quarterly Cost of Revenue came in at $29.0 million in Q2 2026, up 10.06% year-over-year from $26.4 million in Q2 2025, and up 4.53% quarter-over-quarter from $27.8 million in Q1 2026.

Analysis

Healthstream (HSTM) Cost of Revenue (2010 - 2026) Analysis & Trends

Healthstream (HSTM) has reported Cost of Revenue for 17 consecutive years, with $29.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 10.06% year-over-year to $29.0 million in Q2 2026; TTM through Jun 2026 was $112.1 million, a 10.55% increase from a year earlier, with the FY2025 full-year figure at $107.2 million, up 9.47% from the prior year.
  • Cost of Revenue was $29.0 million for Q2 2026 at Healthstream, up from $27.8 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $29.0 million in Q2 2026 and troughed at $22.0 million in Q1 2022.
  • A 5-year average of $24.9 million and a median of $24.2 million in 2023 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue declined 3.3% in 2022 and gained 14.9% in 2025, its largest moves.
  • Over 5 years, Cost of Revenue stood at $23.5 million in 2022, then grew by 2.01% to $24.0 million in 2023, then rose by 4.58% to $25.1 million in 2024, then grew by 14.9% to $28.9 million in 2025, then grew by 0.56% to $29.0 million in 2026.
  • The last three Cost of Revenue figures came in at $29.0 million (Q2 2026), $27.8 million (Q1 2026), and $28.9 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Veeva Systems 44.53 Bn 37.29 Bn 695.95 Mn 232.01 Mn
2 Waystar Holding 4.81 Bn 4.62 Bn 221.99 Mn 97.69 Mn
3 Doximity 4.74 Bn 4.05 Bn 132.93 Mn 23.69 Mn
4 CCC Intelligent Solutions Holdings 4.41 Bn 4.30 Bn 210.64 Mn 75.29 Mn
5 EverCommerce 1.40 Bn 1.27 Bn 119.50 Mn 32.52 Mn
6 Schrodinger 1.32 Bn 904.47 Mn 32.43 Mn 26.46 Mn
7 Certara 1.21 Bn 1.03 Bn 58.15 Mn 35.12 Mn
8 GoodRx Holdings 1.18 Bn 887.53 Mn 179.41 Mn 21.00 Mn
9 Healthstream 853.81 Mn 787.08 Mn 54.72 Mn 29.02 Mn
10 Phreesia 677.81 Mn 677.81 Mn 110.19 Mn 19.27 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 29.02 Mn
Mar 31, 2026 27.76 Mn
Dec 31, 2025 28.85 Mn
Sep 30, 2025 26.51 Mn
Jun 30, 2025 26.36 Mn
Mar 31, 2025 25.49 Mn
Dec 31, 2024 25.11 Mn
Sep 30, 2024 24.47 Mn
Jun 30, 2024 23.74 Mn
Mar 31, 2024 24.62 Mn
Dec 31, 2023 24.01 Mn
Sep 30, 2023 23.59 Mn
Jun 30, 2023 23.57 Mn
Mar 31, 2023 23.86 Mn
Dec 31, 2022 23.54 Mn
Sep 30, 2022 23.37 Mn
Jun 30, 2022 22.23 Mn
Mar 31, 2022 22.00 Mn
Dec 31, 2021 22.98 Mn
Sep 30, 2021 22.59 Mn