Jun 2026 (Q2 FY26) — Aug 4, 2026
HealthStream Q2 FY26 — Record Revenue and Adjusted EBITDA Drive Increased Investments
Read the full callHealthStream earnings: last reported Tue, 4 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 83.7 | +12.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 9.9 | +2.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 6.7 | +23.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $26.54 on 17 Oct 2025 → $33.31. High $33.75 (13 Oct 2026), low $19.88 (12 Feb 2026).
Overview
Call summaries
HealthStream Q2 FY26 — Record Revenue and Adjusted EBITDA Drive Increased Investments
Read the full callEvery analysed call
Financials
Net profit, year on year: +24% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 73 | 74 | 73 | 74 | 76 | 80 | 81 | 84 |
| Expenses | 67 | 70 | 69 | 69 | 69 | 77 | 74 | 75 |
| Operating profit | 6 | 5 | 4 | 6 | 8 | 2 | 8 | 8 |
| Operating margin | 8.9% | 6.3% | 6.0% | 7.9% | 9.9% | 3.0% | 9.3% | 9.9% |
| Other income | 1 | — | — | — | — | — | — | — |
| Profit before tax | 7 | 5 | 5 | 7 | 8 | 3 | 8 | 9 |
| Tax rate | 23.4% | 10.8% | 17.4% | 21.5% | 26.3% | 11.1% | 24.4% | 23.3% |
| Net profit | 6 | 5 | 4 | 5 | 6 | 3 | 6 | 7 |
| EPS ($ per share) | 0.19 | — | 0.14 | 0.18 | 0.20 | — | 0.20 | 0.23 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 287 | 290 | 272 | 271 | 255 | 249 | 252 | 232 |
| Reserves | 32 | 48 | 62 | 68 | 80 | 92 | 109 | 124 |
| Total liabilities | 123 | 151 | 166 | 148 | 164 | 159 | 151 | 166 |
| Fixed assets | 16 | 26 | 22 | 18 | 15 | 13 | 11 | 11 |
| Total assets | 442 | 490 | 500 | 487 | 498 | 500 | 511 | 520 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 43 | 66 | 36 | 42 | 51 | 64 | 58 | 63 |
| Cash from investing | 37 | -68 | -110 | -26 | -28 | -57 | -34 | -50 |
| Cash from financing | -30 | -1 | -20 | -6 | -24 | -13 | -5 | -36 |
| Net cash flow | 50 | -3 | -95 | 10 | -1 | -6 | 19 | -23 |
| Capital expenditure | -7 | -22 | -2 | -3 | -2 | -2 | -1 | -4 |
| Free cash flow | 36 | 44 | 34 | 39 | 49 | 62 | 56 | 60 |
83 filings between Oct 30, 2025 and Sep 29, 2026.
Purchases
None
No insider bought shares.
Sales
$4.74M
8 sales by 5 insiders
38% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Also filed: 5 gifts, 1 disposition to issuer.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| FRIST ROBERT A JR | — | $4.25M | Sep 14, 2026 |
| REBROVICK LINDA | — | $274.0K | Jul 6, 2026 |
| O'Hara Kevin P | — | $120.7K | May 20, 2026 |
| Cunningham Jeff | — | $50.6K | Dec 10, 2025 |
| Taylor Tate Deborah | — | $40.2K | Nov 26, 2025 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 29, 2026 | O'Hara Kevin P Executive Vice President | Option exercise | 1,642 | $0 |
| Sep 29, 2026 | McQuigg Michael Scott Senior Vice President | Option exercise | 1,564 | $0 |
| Sep 29, 2026 | Roberts Scott Alexander CFO and SVP | Option exercise | 1,564 | $0 |
| Sep 29, 2026 | Collier Michael Manning Executive Vice President | Tax withheld | 477 | $13.9K |
| Sep 29, 2026 | LoPresto Jennifer Hayes Senior Vice President | Tax withheld | 134 | $3.9K |
| Sep 29, 2026 | Coady Trisha L Executive Vice President | Tax withheld | 400 | $11.6K |
| Sep 29, 2026 | McQuigg Michael Scott Senior Vice President | Tax withheld | 381 | $0 |
| Sep 29, 2026 | FRIST ROBERT A JR CEO and Chairman | Tax withheld | 477 | $13.9K |
| Sep 29, 2026 | Collier Michael Manning Executive Vice President | Option exercise | 1,955 | $0 |
| Sep 29, 2026 | LoPresto Jennifer Hayes Senior Vice President | Option exercise | 391 | $0 |
| Sep 29, 2026 | Roberts Scott Alexander CFO and SVP | Tax withheld | 381 | $11.1K |
| Sep 29, 2026 | Cunningham Jeff Chief Technology Officer | Tax withheld | 381 | $11.1K |
| Sep 29, 2026 | Cunningham Jeff Chief Technology Officer | Option exercise | 1,564 | $0 |
| Sep 29, 2026 | Coady Trisha L Executive Vice President | Option exercise | 1,642 | $0 |
| Sep 29, 2026 | FRIST ROBERT A JR CEO and Chairman | Option exercise | 1,955 | $0 |
| Sep 29, 2026 | O'Hara Kevin P Executive Vice President | Tax withheld | 400 | $11.6K |
| Sep 14, 2026 | FRIST ROBERT A JR CEO and Chairman | Sale | 144,068 | $4.25M |
| Jul 6, 2026 | REBROVICK LINDA Director | Sale 10b5-1 plan | 6,000 | $174.0K |
| Jun 8, 2026 | Taylor Tate Deborah Director | Option exercise | 3,148 | $0 |
| Jun 8, 2026 | MCLAREN JEFFREY L Director | Option exercise | 3,148 | $0 |
| Jun 8, 2026 | Beard Charles Jr. Director | Option exercise | 1,249 | $0 |
| Jun 8, 2026 | Jahangir Amir Alex Director | Option exercise | 3,148 | $0 |
| Jun 8, 2026 | RAPPUHN TERRY ALLISON Director | Option exercise | 3,148 | $0 |
| Jun 8, 2026 | DENT THOMPSON Director | Option exercise | 3,148 | $0 |
| Jun 8, 2026 | GORDON FRANK Director | Option exercise | 3,148 | $0 |
| Jun 8, 2026 | REBROVICK LINDA Director | Award | 3,148 | $0 |
| Jun 1, 2026 | REBROVICK LINDA Director | Sale 10b5-1 plan | 2,000 | $50.0K |
| May 28, 2026 | REBROVICK LINDA Director | Sale 10b5-1 plan | 2,000 | $50.0K |
| May 28, 2026 | GORDON FRANK Director | Award | 1,482 | $36.5K |
| May 20, 2026 | O'Hara Kevin P Executive Vice President | Sale | 3,000 | $72.2K |
| Mar 30, 2026 | Coady Trisha L Executive Vice President | Tax withheld | 1,382 | $29.4K |
| Mar 30, 2026 | Coady Trisha L Executive Vice President | Option exercise | 5,672 | $0 |
| Mar 30, 2026 | Collier Michael Manning Executive Vice President | Tax withheld | 1,774 | $37.7K |
| Mar 30, 2026 | Collier Michael Manning Executive Vice President | Option exercise | 7,285 | $0 |
| Mar 30, 2026 | McQuigg Michael Scott Senior Vice President | Option exercise | 5,601 | $0 |
| Mar 30, 2026 | Roberts Scott Alexander CFO and SVP | Option exercise | 5,601 | $0 |
| Mar 30, 2026 | McQuigg Michael Scott Senior Vice President | Tax withheld | 1,364 | $29.0K |
| Mar 30, 2026 | O'Hara Kevin P Executive Vice President | Tax withheld | 1,382 | $29.4K |
| Mar 30, 2026 | LoPresto Jennifer Hayes Senior Vice President | Tax withheld | 274 | $5.8K |
| Mar 30, 2026 | LoPresto Jennifer Hayes Senior Vice President | Option exercise | 803 | $0 |
| Mar 30, 2026 | FRIST ROBERT A JR CEO and Chairman | Tax withheld | 984 | $20.9K |
| Mar 30, 2026 | FRIST ROBERT A JR CEO and Chairman | Option exercise | 4,038 | $0 |
| Mar 30, 2026 | Cunningham Jeff Chief Technology Officer | Tax withheld | 1,364 | $29.0K |
| Mar 30, 2026 | Cunningham Jeff Chief Technology Officer | Option exercise | 5,601 | $0 |
| Mar 30, 2026 | O'Hara Kevin P Executive Vice President | Option exercise | 5,672 | $0 |
| Mar 30, 2026 | Roberts Scott Alexander CFO and SVP | Tax withheld | 1,364 | $29.0K |
| Feb 27, 2026 | Roberts Scott Alexander CFO and SVP | Option exercise | 2,541 | $0 |
| Feb 27, 2026 | Roberts Scott Alexander CFO and SVP | Tax withheld | 754 | $16.7K |
| Feb 27, 2026 | Coady Trisha L Executive Vice President | Tax withheld | 1,128 | $24.9K |
| Feb 27, 2026 | Coady Trisha L Executive Vice President | Option exercise | 3,803 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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