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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |