Growth Metrics

Healthstream (HSTM) Operating Margin (2016 - 2025)

Healthstream (HSTM) has disclosed Operating Margin for 16 consecutive years, with 3.02% as the latest value for Q4 2025.

  • On a quarterly basis, Operating Margin fell 330.0% to 3.02% in Q4 2025 year-over-year; TTM through Dec 2025 was 6.66%, a 64.0% decrease, with the full-year FY2025 number at 6.66%, down 64.0% from a year prior.
  • Operating Margin was 3.02% for Q4 2025 at Healthstream, down from 9.89% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 9.89% in Q3 2025 to a low of 10.7% in Q4 2021.
  • A 5-year average of 4.34% and a median of 5.87% in 2023 define the central range for Operating Margin.
  • Peak YoY movement for Operating Margin: tumbled -1254bps in 2021, then skyrocketed 1493bps in 2023.
  • Healthstream's Operating Margin stood at 10.7% in 2021, then rose by 17bps to 8.89% in 2022, then skyrocketed by 168bps to 6.03% in 2023, then increased by 5bps to 6.32% in 2024, then tumbled by -52bps to 3.02% in 2025.
  • Per Business Quant, the three most recent readings for HSTM's Operating Margin are 3.02% (Q4 2025), 9.89% (Q3 2025), and 7.91% (Q2 2025).