Healthstream (HSTM) Net Margin (2010 - 2026)
Healthstream's (HSTM) quarterly Net Margin came in at 7.28% in Q1 2026, up 138.0% year-on-year from 3.06% in Q1 2025, and up 128.94% on a QoQ basis from 3.18% in Q4 2025.
Healthstream (HSTM) Net Margin (2010 - 2026) Analysis & Trends
Healthstream (HSTM) has 17 years of Net Margin data on file, last reported at 7.28% in Q1 2026.
- On a quarterly basis, Net Margin rose 138.0% year-over-year to 7.28% in Q1 2026; TTM through Mar 2026 was 6.39%, a 178.0% decrease from a year earlier, with the FY2025 full-year figure at 6.03%, down 247.0% from the prior year.
- Net Margin for Q1 2026 stood at 7.28%, up from 3.18% in the prior quarter.
- Over the last five years, Net Margin for HSTM reached as high as 13.03% in Q4 2024 and fell as low as 3.18% in Q4 2025.
- Historically, Net Margin has averaged 6.79% across 5 years, with a median of 5.93% in 2023.
- Across the five-year window, Net Margin surged 712 bps in 2022 and tumbled 985 bps in 2025, its largest moves.
- Year by year, Net Margin stood at 8.87% in 2022, then advanced by 26 bps to 11.2% in 2023, then grew by 16 bps to 13.03% in 2024, then tumbled by 76 bps to 3.18% in 2025, then soared by 129 bps to 7.28% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 7.28% in Q1 2026, 3.18% in Q4 2025, and 7.96% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.81 Bn | 24.49 Bn | 662.02 Mn | 29.55% |
| 2 | BrightSpring Health Services | 14.76 Bn | 13.86 Bn | 482.22 Mn | 4.12% |
| 3 | Healthequity | 8.36 Bn | 8.10 Bn | 256.31 Mn | 19.57% |
| 4 | Hinge Health | 5.91 Bn | 5.60 Bn | 154.23 Mn | 18.66% |
| 5 | 10x Genomics | 5.89 Bn | 5.35 Bn | 106.18 Mn | -8.93% |
| 6 | MiniMed | 4.45 Bn | 4.16 Bn | 480.00 Mn | -22.10% |
| 7 | Waystar Holding | 4.41 Bn | 4.35 Bn | 216.84 Mn | 13.79% |
| 8 | Doximity | 3.93 Bn | 3.18 Bn | 125.97 Mn | 13.15% |
| 9 | Privia Health | 3.10 Bn | 2.68 Bn | - | 0.61% |
| 10 | Healthstream | 822.38 Mn | 755.88 Mn | 53.45 Mn | 7.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.28% |
| Dec 31, 2025 | 3.18% |
| Sep 30, 2025 | 7.96% |
| Jun 30, 2025 | 7.24% |
| Mar 31, 2025 | 5.90% |
| Dec 31, 2024 | 13.03% |
| Sep 30, 2024 | 7.83% |
| Jun 30, 2024 | 5.82% |
| Mar 31, 2024 | 7.18% |
| Dec 31, 2023 | 11.20% |
| Sep 30, 2023 | 5.50% |
| Jun 30, 2023 | 5.93% |
| Mar 31, 2023 | 3.80% |
| Dec 31, 2022 | 8.87% |
| Sep 30, 2022 | 5.45% |
| Jun 30, 2022 | 4.77% |
| Mar 31, 2022 | 4.43% |
| Dec 31, 2021 | 1.75% |
| Sep 30, 2021 | 2.32% |
| Jun 30, 2021 | 3.80% |