| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 81.20 | 10.5% |
| Total Income | 81.20 | 10.5% |
| Expenditure | 73.69 | 6.6% |
| PBT | 7.82 | 49.0% |
| Net Profit | 5.91 | 36.5% |
| OPM | 9.25% | 3.29pp |
| NPM | 7.28% | 1.38pp |
| EPS | 0.20 | 42.9% |
HealthStream Announces Q1 2026 Results: Revenue Up 10.5% YoY
05 May 2026 · 5 May, 2:12 am
Summary
HealthStream, Inc. reported strong first quarter 2026 results, with revenues up 10.5% to $81.2 million compared to the first quarter of 2025. Operating income increased significantly by 71.6% to $7.5 million, and net income rose by 36.4% to $5.9 million. The company reaffirmed its full-year 2026 guidance, projecting revenue between $323.0 million and $330.0 million and adjusted EBITDA between $73.0 million and $77.0 million. The Board of Directors approved a quarterly cash dividend of $0.035 per share.
Key Highlights
- 1
HealthStream's revenues for the first quarter of 2026 reached $81.2 million, marking a 10.5% increase compared to $73.5 million in the first quarter of 2025 and setting a new company record for quarterly revenue.
- 2
Operating income for the first quarter of 2026 was $7.5 million, a 71.6% increase from $4.4 million in the first quarter of 2025.
- 3
Net income for the first quarter of 2026 increased by 36.4% to $5.9 million, up from $4.3 million in the first quarter of 2025.
- 4
Earnings per share (EPS) for the first quarter of 2026 rose to $0.20 per share (diluted), compared to $0.14 per share (diluted) in the first quarter of 2025.
- 5
Adjusted EBITDA for the first quarter of 2026 was $20.1 million, reflecting a 24.1% increase from $16.2 million in the first quarter of 2025.
- 6
The Board of Directors declared a quarterly cash dividend of $0.035 per share, payable on May 29, 2026, to holders of record on May 18, 2026.
- 7
The company repurchased 342,345 shares of common stock at an aggregate fair value of $7.5 million during the first quarter of 2026.
Management Comments
Robert A. Frist
Jr.
HealthStream delivered strong first quarter results in 2026 with revenues up 10.5%, operating income up 71.6%, and adjusted EBITDA up 24.1%, compared to the first quarter of 2025. These results reflect disciplined execution and continued momentum across our business. Our results give us flexibility to invest in areas that we believe will drive ongoing growth and expansion—like our Career Networks and enterprise application suites—as well as our hStream platform and the AI elements that are increasingly at its core.
Informational and educational content only. Not investment advice.