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Discontinued — last reported Q4 '25

EBIT at other companies

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$24.83M-49.0%
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$210.2M+13.6%
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Other financials

Income statement

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Revenue$81.2M+10.5%
Gross profit$49.2M+1.6%
Operating income$5.1M-4.9%
Net income$5.9M+28.9%
EPS (diluted)$0.15-7.6%

Balance sheet

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Cash & equivalents$48.7M-37.0%
Total debt$14.1M-15.5%
Total equity$352.0M-3.0%
Total assets$527.4M+0.6%

Cash flow

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Operating cash flow$27.1M+0.2%
CapEx$740.0K-29.9%
Free cash flow$26.4M+1.4%

Valuation

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Market cap$762.81M-7.5%
Enterprise value$728.16M-4.7%
P/E38.8×-3.3×
P/S2.5×-0.4×

Profitability

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Gross margin64.7%-1.7pp
Operating margin6.7%-0.6pp
Net margin6.3%-0.4pp
FCF margin19.2%-2.0pp

Returns & leverage

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Return on equity5.5%0.0pp
Debt / equity0.0×
Current ratio-0.4×

Where this comes from

Calculated from HealthStream’s reported figures.

Plus components not separately reported this period.

The official record: HealthStream’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is HealthStream's EBIT?
HealthStream (HSTM) reported EBIT of $5.06M in Q4 2025.
How has HealthStream's EBIT changed year-over-year?
HealthStream's EBIT decreased by 4.9% year-over-year, from $5.32M to $5.06M.
What is the long-term trend for HealthStream's EBIT?
Over 3 years (2022 to 2025), HealthStream's EBIT has grown at a 17.6% compound annual growth rate (CAGR), from $12.45M to $20.24M.
What does EBIT mean?
Earnings before interest and taxes — the profit from the business before financing cost and tax. Uses reported operating income where a company reports it; otherwise pre-tax income plus interest expense. Lets companies be compared on earning power independent of capital structure.