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HealthStream HSTM Total Cost of Revenue

Discontinued — last reported Q4 '25

Total Cost of Revenue at other companies

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DoximityDOCS
$19.41M+34.1%
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EquifaxEFX
$767.1M+16.8%
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Paycom SoftwarePAYC
$87.3M+3.2%
Paylocity logo
PaylocityPCTY
$139.1M+7.1%
AMN Healthcare logo
AMN HealthcareAMN
$1.01B+105%
Oracle logo
OracleORCL

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-6.1%
Enterprise value$728.16M-3.1%
P/E38.8×-2.7×
P/S2.5×-0.3×

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

Reported directly by HealthStream in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization.

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 total cost of revenue?
HealthStream (HSTM) reported total cost of revenue of $26.8M in Q4 2025.
How has HealthStream's total cost of revenue changed year-over-year?
HealthStream's total cost of revenue increased by 9.5% year-over-year, from $24.48M to $26.8M.
What is the long-term trend for HealthStream's total cost of revenue?
Over 3 years (2022 to 2025), HealthStream's total cost of revenue has grown at a 5.6% compound annual growth rate (CAGR), from $91.14M to $107.21M.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.