Healthstream (HSTM) Operating Expenses (2010 - 2026)

Healthstream (HSTM) reported Operating Expenses of $73.7 million for Q1 2026, up 6.63% year-over-year from $69.1 million in Q1 2025, and down 4.67% quarter-over-quarter from $77.3 million in Q4 2025.

Healthstream (HSTM) Operating Expenses (2010 - 2026) Analysis & Trends

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

  • Operating Expenses for Q1 2026 came in at $73.7 million, up 6.63% year-over-year; the trailing twelve-month figure through Mar 2026 was $288.4 million (up 5.88% YoY), and the FY2025 annual result was $283.8 million, up 4.98% from the prior year.
  • Operating Expenses slipped to $73.7 million in Q1 2026 per HSTM's latest filing, from $77.3 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 $67.4 million and a median of $66.6 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses advanced 0.88% in 2023, then increased 11.16% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $65.5 million in 2022, then climbed by 1.33% to $66.3 million in 2023, then rose by 4.85% to $69.5 million in 2024, then rose by 11.16% to $77.3 million in 2025, then dropped by 4.67% to $73.7 million in 2026.
  • Business Quant data shows HSTM's Operating Expenses at $73.7 million in Q1 2026, $77.3 million in Q4 2025, and $68.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 388.91 Mn
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 360.77 Mn
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 153.36 Mn
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 122.16 Mn
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn 123.22 Mn
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 101.14 Mn
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 233.41 Mn
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn 596.43 Mn
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 123.51 Mn
10 Healthstream 753.05 Mn 686.56 Mn 68.24 Mn 73.69 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 61.39 Mn