Healthstream (HSTM) Operating Expenses (2010 - 2026)

Healthstream (HSTM) has 17 years of Operating Expenses data on file, last reported at $73.7 million in Q1 2026.

• Quarterly Operating Expenses rose 6.63% year-over-year to $73.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $288.4 million (up 5.88% YoY) and the FY2025 annual result came in at $283.8 million, up 4.98% from the prior year.
• Operating Expenses eased to $73.7 million in Q1 2026 per HSTM's latest filing, from $77.3 million in the prior quarter.
• Across five years, Operating Expenses topped out at $77.3 million in Q4 2025 and bottomed at $61.3 million in Q1 2022.
• The 5-year median for Operating Expenses is $66.6 million (2024), against an average of $67.4 million.
• The widest annual swing landed in 2023, when Operating Expenses rose 0.88%; it then climbed 11.16% in 2025.
• Tracing HSTM's Operating Expenses over 5 years: stood at $65.5 million in 2022, then gained by 1.33% to $66.3 million in 2023, then grew by 4.85% to $69.5 million in 2024, then grew by 11.16% to $77.3 million in 2025, then decreased by 4.67% to $73.7 million in 2026.
• Per Business Quant, the three latest HSTM Operating Expenses figures stand at $73.7 million (Q1 2026), $77.3 million (Q4 2025), and $68.9 million (Q3 2025).

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