Healthstream (HSTM) Gross Margin (2010 - 2026)
Healthstream (HSTM) reported Gross Margin of 84.04% for Q1 2026, up 57.0% year-over-year from 53.53% in Q1 2025, and up 31.72% quarter-over-quarter from 63.8% in Q4 2025.
Healthstream (HSTM) Gross Margin (2010 - 2026) Analysis & Trends
Healthstream (HSTM) has 17 years of Gross Margin data on file, last reported at 84.04% in Q1 2026.
- Gross Margin for Q1 2026 came in at 84.04%, up 57.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 74.3% (down 2245.0% YoY), and the FY2025 annual result was 64.74%, down 1909.0% from the prior year.
- Gross Margin rose to 84.04% in Q1 2026 per HSTM's latest filing, from 63.8% in the prior quarter.
- Over five years, Gross Margin peaked at 135.8% in Q4 2023 and troughed at 63.8% in Q4 2025.
- A 5-year average of 85.44% and a median of 83.47% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2025: Gross Margin surged 5257 bps in 2023, then slumped 7077 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 83.23% in 2022, then jumped by 63 bps to 135.8% in 2023, then retreated by 1 bps to 134.58% in 2024, then plunged by 53 bps to 63.8% in 2025, then jumped by 32 bps to 84.04% in 2026.
- Business Quant data shows HSTM's Gross Margin at 84.04% in Q1 2026, 63.8% in Q4 2025, and 65.34% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 74.98% |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 13.34% |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 72.27% |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 84.60% |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | 70.39% |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 86.65% |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 85.40% |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 98.65% |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 45.30% |
| 10 | Healthstream | 753.05 Mn | 686.56 Mn | 68.24 Mn | 84.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 84.04% |
| Dec 31, 2025 | 63.80% |
| Sep 30, 2025 | 65.34% |
| Jun 30, 2025 | 84.13% |
| Mar 31, 2025 | 83.47% |
| Dec 31, 2024 | 134.58% |
| Sep 30, 2024 | 66.52% |
| Jun 30, 2024 | 102.01% |
| Mar 31, 2024 | 66.17% |
| Dec 31, 2023 | 135.80% |
| Sep 30, 2023 | 83.95% |
| Jun 30, 2023 | 83.66% |
| Mar 31, 2023 | 82.99% |
| Dec 31, 2022 | 83.23% |
| Sep 30, 2022 | 65.26% |
| Jun 30, 2022 | 83.44% |
| Mar 31, 2022 | 84.06% |
| Dec 31, 2021 | 83.30% |
| Sep 30, 2021 | 64.76% |
| Jun 30, 2021 | 65.04% |