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Side-by-side financial comparison of Clarus Corp (CLAR) and HEALTHSTREAM INC (HSTM). Click either name above to swap in a different company.
HEALTHSTREAM INC is the larger business by last-quarter revenue ($79.7M vs $65.4M, roughly 1.2× Clarus Corp). On growth, HEALTHSTREAM INC posted the faster year-over-year revenue change (7.4% vs -8.4%). HEALTHSTREAM INC produced more free cash flow last quarter ($13.0M vs $11.6M). Over the past eight quarters, HEALTHSTREAM INC's revenue compounded faster (4.7% CAGR vs -2.9%).
Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.
HealthStream Inc is a leading U.S.-based provider of workforce development, compliance, and training solutions tailored for the healthcare industry. It offers cloud-based platforms covering clinical skill training, talent management, patient safety education, and regulatory adherence tools, serving over 4,000 healthcare organizations including hospitals, clinics, and long-term care facilities nationwide.
CLAR vs HSTM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $65.4M | $79.7M |
| Net Profit | $-31.3M | — |
| Gross Margin | 27.7% | — |
| Operating Margin | -59.6% | 3.0% |
| Net Margin | -47.8% | — |
| Revenue YoY | -8.4% | 7.4% |
| Net Profit YoY | 52.3% | — |
| EPS (diluted) | $-0.81 | $0.09 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $65.4M | $79.7M | ||
| Q3 25 | $69.3M | $76.5M | ||
| Q2 25 | $55.2M | $74.4M | ||
| Q1 25 | $60.4M | $73.5M | ||
| Q4 24 | $71.4M | $74.2M | ||
| Q3 24 | $67.1M | $73.1M | ||
| Q2 24 | $56.5M | $71.6M | ||
| Q1 24 | $69.3M | $72.8M |
| Q4 25 | $-31.3M | — | ||
| Q3 25 | $-1.6M | $6.1M | ||
| Q2 25 | $-8.4M | $5.4M | ||
| Q1 25 | $-5.2M | $4.3M | ||
| Q4 24 | $-65.5M | — | ||
| Q3 24 | $-3.2M | $5.7M | ||
| Q2 24 | $-5.5M | $4.2M | ||
| Q1 24 | $21.9M | $5.2M |
| Q4 25 | 27.7% | — | ||
| Q3 25 | 35.1% | — | ||
| Q2 25 | 35.6% | — | ||
| Q1 25 | 34.4% | — | ||
| Q4 24 | 33.4% | — | ||
| Q3 24 | 35.0% | — | ||
| Q2 24 | 36.1% | — | ||
| Q1 24 | 35.9% | — |
| Q4 25 | -59.6% | 3.0% | ||
| Q3 25 | -4.4% | 9.9% | ||
| Q2 25 | -19.7% | 7.9% | ||
| Q1 25 | -11.2% | 6.0% | ||
| Q4 24 | -70.2% | 6.3% | ||
| Q3 24 | -8.0% | 8.9% | ||
| Q2 24 | -14.4% | 6.2% | ||
| Q1 24 | -9.8% | 7.8% |
| Q4 25 | -47.8% | — | ||
| Q3 25 | -2.3% | 8.0% | ||
| Q2 25 | -15.3% | 7.2% | ||
| Q1 25 | -8.7% | 5.9% | ||
| Q4 24 | -91.8% | — | ||
| Q3 24 | -4.7% | 7.8% | ||
| Q2 24 | -9.7% | 5.8% | ||
| Q1 24 | 31.6% | 7.2% |
| Q4 25 | $-0.81 | $0.09 | ||
| Q3 25 | $-0.04 | $0.20 | ||
| Q2 25 | $-0.22 | $0.18 | ||
| Q1 25 | $-0.14 | $0.14 | ||
| Q4 24 | $-1.72 | $0.16 | ||
| Q3 24 | $-0.08 | $0.19 | ||
| Q2 24 | $-0.14 | $0.14 | ||
| Q1 24 | $0.57 | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $36.7M | $36.2M |
| Total DebtLower is stronger | $0 | — |
| Stockholders' EquityBook value | $196.4M | $354.0M |
| Total Assets | $249.0M | $520.4M |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.7M | $36.2M | ||
| Q3 25 | $29.5M | $53.5M | ||
| Q2 25 | $28.5M | $52.1M | ||
| Q1 25 | $41.3M | $77.3M | ||
| Q4 24 | $45.4M | $59.5M | ||
| Q3 24 | $36.4M | $57.5M | ||
| Q2 24 | $46.2M | $46.1M | ||
| Q1 24 | $47.5M | $52.4M |
| Q4 25 | $0 | — | ||
| Q3 25 | $2.0M | — | ||
| Q2 25 | $1.9M | — | ||
| Q1 25 | $1.9M | — | ||
| Q4 24 | $1.9M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $37.0K | — |
| Q4 25 | $196.4M | $354.0M | ||
| Q3 25 | $225.8M | $349.2M | ||
| Q2 25 | $225.1M | $350.6M | ||
| Q1 25 | $229.3M | $362.8M | ||
| Q4 24 | $233.1M | $359.4M | ||
| Q3 24 | $308.5M | $355.5M | ||
| Q2 24 | $307.3M | $349.2M | ||
| Q1 24 | $310.4M | $344.9M |
| Q4 25 | $249.0M | $520.4M | ||
| Q3 25 | $283.1M | $499.9M | ||
| Q2 25 | $286.5M | $500.1M | ||
| Q1 25 | $292.8M | $524.0M | ||
| Q4 24 | $294.1M | $510.8M | ||
| Q3 24 | $375.3M | $502.8M | ||
| Q2 24 | $369.4M | $499.6M | ||
| Q1 24 | $377.0M | $511.6M |
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.01× | — | ||
| Q2 25 | 0.01× | — | ||
| Q1 25 | 0.01× | — | ||
| Q4 24 | 0.01× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.00× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $12.5M | $13.2M |
| Free Cash FlowOCF − Capex | $11.6M | $13.0M |
| FCF MarginFCF / Revenue | 17.7% | 16.3% |
| Capex IntensityCapex / Revenue | 1.4% | 0.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-9.9M | $59.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.5M | $13.2M | ||
| Q3 25 | $-5.7M | $18.0M | ||
| Q2 25 | $-9.4M | $5.0M | ||
| Q1 25 | $-2.1M | $27.1M | ||
| Q4 24 | $16.6M | $11.2M | ||
| Q3 24 | $-8.3M | $19.1M | ||
| Q2 24 | $834.0K | $6.5M | ||
| Q1 24 | $-16.4M | $20.9M |
| Q4 25 | $11.6M | $13.0M | ||
| Q3 25 | $-7.0M | $17.9M | ||
| Q2 25 | $-11.3M | $2.7M | ||
| Q1 25 | $-3.3M | $26.0M | ||
| Q4 24 | $14.4M | $11.0M | ||
| Q3 24 | $-9.4M | $18.8M | ||
| Q2 24 | $-744.0K | $6.3M | ||
| Q1 24 | $-18.3M | $20.2M |
| Q4 25 | 17.7% | 16.3% | ||
| Q3 25 | -10.0% | 23.4% | ||
| Q2 25 | -20.4% | 3.6% | ||
| Q1 25 | -5.4% | 35.4% | ||
| Q4 24 | 20.1% | 14.8% | ||
| Q3 24 | -14.0% | 25.8% | ||
| Q2 24 | -1.3% | 8.8% | ||
| Q1 24 | -26.3% | 27.8% |
| Q4 25 | 1.4% | 0.3% | ||
| Q3 25 | 1.8% | 0.1% | ||
| Q2 25 | 3.4% | 3.1% | ||
| Q1 25 | 2.0% | 1.4% | ||
| Q4 24 | 3.1% | 0.3% | ||
| Q3 24 | 1.6% | 0.4% | ||
| Q2 24 | 2.8% | 0.2% | ||
| Q1 24 | 2.7% | 1.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | 2.96× | ||
| Q2 25 | — | 0.93× | ||
| Q1 25 | — | 6.25× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.34× | ||
| Q2 24 | — | 1.55× | ||
| Q1 24 | -0.75× | 4.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLAR
| Other | $37.1M | 57% |
| Outdoor Segment | $25.3M | 39% |
| Adventure Segment | $3.0M | 5% |
HSTM
| Subscription Services | $77.0M | 97% |
| Professional Services | $2.7M | 3% |
