Healthstream (HSTM) Gross Margin (2010 - 2026)
Healthstream's (HSTM) quarterly Gross Margin came in at 65.35% in Q2 2026, up 79.0% year-over-year from 36.51% in Q2 2025, and down 0.71% quarter-over-quarter from 65.82% in Q1 2026.
Analysis
Healthstream (HSTM) Gross Margin (2010 - 2026) Analysis & Trends
Healthstream (HSTM) has reported Gross Margin for 17 consecutive years, with 65.35% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 79.0% year-over-year to 65.35% in Q2 2026; TTM through Jun 2026 was 65.08%, a 56.0% decrease from a year earlier, with the FY2025 full-year figure at 64.74%, down 168.0% from the prior year.
- Gross Margin was 65.35% for Q2 2026 at Healthstream, down from 65.82% in the prior quarter.
- Over five years, Gross Margin peaked at 66.83% in Q2 2024 and troughed at 63.8% in Q4 2025.
- A 5-year average of 65.73% and a median of 65.88% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin soared 219 bps in 2022 and plunged 237 bps in 2025, its largest moves.
- Over 5 years, Gross Margin stood at 65.66% in 2022, then gained by 0 bps to 65.98% in 2023, then rose by 0 bps to 66.17% in 2024, then declined by 4 bps to 63.8% in 2025, then grew by 2 bps to 65.35% in 2026.
- The last three Gross Margin figures came in at 65.35% (Q2 2026), 65.82% (Q1 2026), and 63.8% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 75.00% |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 69.44% |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 84.87% |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 73.67% |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 78.61% |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | 55.07% |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | 62.34% |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 89.52% |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 65.35% |
| 10 | Phreesia | 677.81 Mn | 677.81 Mn | 110.19 Mn | 85.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 65.35% |
| Mar 31, 2026 | 65.82% |
| Dec 31, 2025 | 63.80% |
| Sep 30, 2025 | 65.34% |
| Jun 30, 2025 | 64.56% |
| Mar 31, 2025 | 65.32% |
| Dec 31, 2024 | 66.17% |
| Sep 30, 2024 | 66.52% |
| Jun 30, 2024 | 66.83% |
| Mar 31, 2024 | 66.17% |
| Dec 31, 2023 | 65.98% |
| Sep 30, 2023 | 66.47% |
| Jun 30, 2023 | 65.94% |
| Mar 31, 2023 | 65.40% |
| Dec 31, 2022 | 65.66% |
| Sep 30, 2022 | 65.26% |
| Jun 30, 2022 | 66.13% |
| Mar 31, 2022 | 66.35% |
| Dec 31, 2021 | 64.28% |
| Sep 30, 2021 | 64.76% |