Healthstream HSTM
NASDAQ HSTM
$29.20 -0.54 (-1.82%)
At close: Sep 4, 2026 · 4:00 PM EDT

Healthstream (HSTM) Research & Development (2010 - 2026)

Healthstream's (HSTM) quarterly Research & Development came in at $13.6 million in Q2 2026, up 12.49% year-over-year from $12.1 million in Q2 2025, and little changed quarter-over-quarter from $13.6 million in Q1 2026.

Analysis

Healthstream (HSTM) Research & Development (2010 - 2026) Analysis & Trends

Healthstream (HSTM) has reported Research & Development for 17 consecutive years, with $13.6 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Research & Development rose 12.49% year-over-year to $13.6 million in Q2 2026; TTM through Jun 2026 was $54.1 million, a 10.37% increase from a year earlier, with the FY2025 full-year figure at $51.0 million, up 4.28% from the prior year.
  • Research & Development was $13.6 million for Q2 2026 at Healthstream, roughly flat from $13.6 million in the prior quarter.
  • Over five years, Research & Development peaked at $14.8 million in Q4 2025 and troughed at $10.4 million in Q1 2022.
  • A 5-year average of $12.1 million and a median of $12.1 million in 2024 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development fell 1.77% in 2023 and gained 16.35% in 2025, its largest moves.
  • Over 5 years, Research & Development stood at $11.6 million in 2022, then slipped by 1.77% to $11.4 million in 2023, then increased by 11.06% to $12.7 million in 2024, then grew by 16.35% to $14.8 million in 2025, then retreated by 7.96% to $13.6 million in 2026.
  • The last three Research & Development figures came in at $13.6 million (Q2 2026), $13.6 million (Q1 2026), and $14.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Veeva Systems 44.53 Bn 37.29 Bn 695.95 Mn 222.92 Mn
2 Waystar Holding 4.81 Bn 4.62 Bn 221.99 Mn 50.38 Mn
3 Doximity 4.74 Bn 4.05 Bn 132.93 Mn 45.05 Mn
4 CCC Intelligent Solutions Holdings 4.41 Bn 4.30 Bn 210.64 Mn 52.99 Mn
5 EverCommerce 1.40 Bn 1.27 Bn 119.50 Mn 33.72 Mn
6 Schrodinger 1.32 Bn 904.47 Mn 32.43 Mn 41.00 Mn
7 Certara 1.21 Bn 1.03 Bn 58.15 Mn 14.98 Mn
8 GoodRx Holdings 1.18 Bn 887.53 Mn 179.41 Mn 81.99 Mn
9 Healthstream 853.81 Mn 787.08 Mn 54.72 Mn 13.58 Mn
10 Phreesia 677.81 Mn 677.81 Mn 110.19 Mn 27.57 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 13.58 Mn
Mar 31, 2026 13.61 Mn
Dec 31, 2025 14.76 Mn
Sep 30, 2025 12.14 Mn
Jun 30, 2025 12.07 Mn
Mar 31, 2025 12.15 Mn
Dec 31, 2024 12.68 Mn
Sep 30, 2024 12.10 Mn
Jun 30, 2024 12.08 Mn
Mar 31, 2024 12.03 Mn
Dec 31, 2023 11.42 Mn
Sep 30, 2023 11.29 Mn
Jun 30, 2023 11.31 Mn
Mar 31, 2023 11.73 Mn
Dec 31, 2022 11.63 Mn
Sep 30, 2022 11.48 Mn
Jun 30, 2022 10.87 Mn
Mar 31, 2022 10.42 Mn
Dec 31, 2021 11.45 Mn
Sep 30, 2021 10.34 Mn