Healthstream (HSTM) Operating Expenses (2010 - 2026)
Healthstream's (HSTM) quarterly Operating Expenses came in at $75.4 million in Q2 2026, up 10.07% year-over-year from $68.5 million in Q2 2025, and up 2.33% quarter-over-quarter from $73.7 million in Q1 2026.
Analysis
Healthstream (HSTM) Operating Expenses (2010 - 2026) Analysis & Trends
Healthstream (HSTM) has reported Operating Expenses for 17 consecutive years, with $75.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 10.07% year-over-year to $75.4 million in Q2 2026; TTM through Jun 2026 was $295.3 million, a 7.87% increase from a year earlier, with the FY2025 full-year figure at $283.8 million, up 4.98% from the prior year.
- Operating Expenses was $75.4 million for Q2 2026 at Healthstream, up from $73.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $77.3 million in Q4 2025 and troughed at $61.3 million in Q1 2022.
- A 5-year average of $67.8 million and a median of $66.8 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses gained 0.88% in 2023 and grew 11.16% in 2025, its largest moves.
- Over 5 years, Operating Expenses stood at $65.5 million in 2022, then advanced by 1.33% to $66.3 million in 2023, then increased by 4.85% to $69.5 million in 2024, then increased by 11.16% to $77.3 million in 2025, then retreated by 2.45% to $75.4 million in 2026.
- The last three Operating Expenses figures came in at $75.4 million (Q2 2026), $73.7 million (Q1 2026), and $77.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 420.93 Mn |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 243.63 Mn |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 99.28 Mn |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 163.00 Mn |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 134.54 Mn |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | 73.98 Mn |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | 58.35 Mn |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 176.78 Mn |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 75.41 Mn |
| 10 | Phreesia | 677.81 Mn | 677.81 Mn | 110.19 Mn | 121.85 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 75.41 Mn |
| Mar 31, 2026 | 73.69 Mn |
| Dec 31, 2025 | 77.31 Mn |
| Sep 30, 2025 | 68.91 Mn |
| Jun 30, 2025 | 68.51 Mn |
| Mar 31, 2025 | 69.11 Mn |
| Dec 31, 2024 | 69.55 Mn |
| Sep 30, 2024 | 66.60 Mn |
| Jun 30, 2024 | 67.15 Mn |
| Mar 31, 2024 | 67.07 Mn |
| Dec 31, 2023 | 66.33 Mn |
| Sep 30, 2023 | 65.48 Mn |
| Jun 30, 2023 | 65.19 Mn |
| Mar 31, 2023 | 66.06 Mn |
| Dec 31, 2022 | 65.46 Mn |
| Sep 30, 2022 | 64.90 Mn |
| Jun 30, 2022 | 62.69 Mn |
| Mar 31, 2022 | 61.33 Mn |
| Dec 31, 2021 | 64.80 Mn |
| Sep 30, 2021 | 62.31 Mn |