Growth Metrics

Healthstream (HSTM) Cost of Revenue (2016 - 2026)

Healthstream has reported Cost of Revenue over the past 16 years, most recently at -$29.0 million for Q4 2025.

  • Quarterly Cost of Revenue fell 215.36% to -$29.0 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $49.4 million through Dec 2025, down 32.12% year-over-year, with the annual reading at $49.4 million for FY2025, 49.57% down from the prior year.
  • Cost of Revenue was -$29.0 million for Q4 2025 at Healthstream, down from $26.5 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $26.5 million in Q3 2025 and troughed at -$29.0 million in Q4 2025.
  • The 5-year median for Cost of Revenue is $22.6 million (2021), against an average of $15.0 million.
  • Year-over-year, Cost of Revenue tumbled 319.83% in 2023 and then skyrocketed 199.38% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $23.0 million in 2021, then plummeted by 49.98% to $11.5 million in 2022, then tumbled by 319.83% to -$25.3 million in 2023, then skyrocketed by 199.38% to $25.1 million in 2024, then plummeted by 215.36% to -$29.0 million in 2025.
  • Per Business Quant, the three most recent readings for HSTM's Cost of Revenue are -$29.0 million (Q4 2025), $26.5 million (Q3 2025), and $26.4 million (Q2 2025).