Healthstream (HSTM) Net Margin (2010 - 2026)
Healthstream (HSTM) posted quarterly Net Margin of 7.28% for Q1 2026, up 138.0% year-over-year from 3.06% in Q1 2025, and up 128.94% quarter-over-quarter from 3.18% in Q4 2025.
Healthstream (HSTM) Net Margin (2010 - 2026) Analysis & Trends
Healthstream (HSTM) has reported Net Margin for 17 consecutive years, with 7.28% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 138.0% year-over-year to 7.28%; the TTM figure through Mar 2026 stood at 6.39% (down 178.0% YoY), while the FY2025 annual figure was 6.03%, down 247.0% from the prior year.
- Net Margin advanced to 7.28% in Q1 2026 per HSTM's latest filing, from 3.18% in the prior quarter.
- Across five years, Net Margin topped out at 13.03% in Q4 2024 and bottomed at 3.18% in Q4 2025.
- Historically, Net Margin has averaged 6.79% across 5 years, with a median of 5.93% in 2023.
- Annual changes were most pronounced in 2022 — Net Margin jumped 712 bps — and 2025, when it sank 985 bps.
- Healthstream's Net Margin stood at 8.87% in 2022, then rose by 26 bps to 11.2% in 2023, then advanced by 16 bps to 13.03% in 2024, then tumbled by 76 bps to 3.18% in 2025, then jumped by 129 bps to 7.28% in 2026.
- Business Quant data shows HSTM's Net Margin at 7.28% in Q1 2026, 3.18% in Q4 2025, and 7.96% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 29.55% |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 2.18% |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 19.57% |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | -11.87% |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 20.25% |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -22.10% |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 12.78% |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 15.53% |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | -24.57% |
| 10 | Healthstream | 846.21 Mn | 779.47 Mn | 54.72 Mn | 7.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.96% |
| 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% |