Growth Metrics

Healthstream (HSTM) Operating Expenses (2016 - 2026)

Healthstream has reported Operating Expenses over the past 16 years, most recently at $77.3 million for Q4 2025.

  • Quarterly Operating Expenses rose 11.16% to $77.3 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $283.8 million through Dec 2025, up 4.98% year-over-year, with the annual reading at $283.8 million for FY2025, 4.98% up from the prior year.
  • Operating Expenses was $77.3 million for Q4 2025 at Healthstream, up from $68.9 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $77.3 million in Q4 2025 and troughed at $60.2 million in Q1 2021.
  • The 5-year median for Operating Expenses is $65.8 million (2023), against an average of $66.0 million.
  • Year-over-year, Operating Expenses increased 0.88% in 2023 and then increased 11.16% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $64.8 million in 2021, then rose by 1.02% to $65.5 million in 2022, then rose 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.
  • Per Business Quant, the three most recent readings for HSTM's Operating Expenses are $77.3 million (Q4 2025), $68.9 million (Q3 2025), and $68.5 million (Q2 2025).