Healthstream (HSTM) Gross Margin (2010 - 2026)

Healthstream's (HSTM) quarterly Gross Margin came in at 65.82% in Q1 2026, up 50.0% year-on-year from 43.88% in Q1 2025, and up 3.16% on a QoQ basis 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 65.82% in Q1 2026.

  • On a quarterly basis, Gross Margin rose 50.0% year-over-year to 65.82% in Q1 2026; TTM through Mar 2026 was 64.89%, a 132.0% decrease from a year earlier, with the FY2025 full-year figure at 64.74%, down 168.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 65.82%, up from 63.8% in the prior quarter.
  • Over the last five years, Gross Margin for HSTM reached as high as 66.83% in Q2 2024 and fell as low as 63.8% in Q4 2025.
  • Historically, Gross Margin has averaged 65.75% across 5 years, with a median of 65.94% in 2023.
  • Across the five-year window, Gross Margin surged 219 bps in 2022 and sank 237 bps in 2025, its largest moves.
  • Year by year, Gross Margin stood at 65.66% in 2022, then increased by 0 bps to 65.98% in 2023, then grew by 0 bps to 66.17% in 2024, then slipped by 4 bps to 63.8% in 2025, then advanced by 3 bps to 65.82% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 65.82% in Q1 2026, 63.8% in Q4 2025, and 65.34% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Veeva Systems 32.25 Bn 24.94 Bn 662.02 Mn 74.98%
2 BrightSpring Health Services 14.59 Bn 13.69 Bn 482.22 Mn 13.34%
3 Healthequity 8.33 Bn 8.07 Bn 256.31 Mn 72.27%
4 Hinge Health 5.98 Bn 5.67 Bn 154.23 Mn 84.60%
5 10x Genomics 5.88 Bn 5.34 Bn 106.18 Mn 70.39%
6 MiniMed 4.49 Bn 4.20 Bn 480.00 Mn 57.35%
7 Waystar Holding 4.48 Bn 4.41 Bn 216.84 Mn 69.08%
8 Doximity 3.97 Bn 3.22 Bn 125.97 Mn 86.65%
9 Privia Health 3.13 Bn 2.71 Bn - -
10 Healthstream 814.45 Mn 747.95 Mn 53.45 Mn 65.82%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 65.04%