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Healthstream (HSTM) operating margin by quarter

Healthstream's operating margin was 7.9% in Q3 2026 (third quarter 2026), -2.0 pts from Q2 2026. Over the last 7 quarters it ranged from 3.0% (Q4 2025) to 9.9% (Q2 2026).

Healthstream operating margin by quarterHealthstream operating margin by quarter6.0%Q1 20257.9%Q2 20259.9%Q3 20253.0%Q4 20259.3%Q1 20269.9%Q2 20267.9%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 20267.9%-2.0 pts-2.0 pts
Q2 20269.9%+0.7 pts+2.0 pts
Q1 20269.3%+6.2 pts+3.3 pts
Q4 20253.0%-6.9 pts—
Q3 20259.9%+2.0 pts—
Q2 20257.9%+2.0 pts—
Q1 20256.0%——

Q3 2026 at a glance

Healthstream, Q3 2026: revenue $83.3M (+9% year over year), operating margin 7.9%, net earnings $5.4M, operating cash flow $17.4M. The chart follows the revenue to costs, profit and cash.

Questions

What is Healthstream's operating margin?

Healthstream's operating margin was 7.9% in Q3 2026 (third quarter 2026), -2.0 pts from Q2 2026.

How has Healthstream's operating margin changed?

Over the last 7 quarters it ranged from 3.0% (Q4 2025) to 9.9% (Q2 2026).

Q3 2026 results → · How Healthstream makes money →