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Side-by-side financial comparison of GLADSTONE COMMERCIAL CORP (GOOD) 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 $41.9M, roughly 1.9× GLADSTONE COMMERCIAL CORP). On growth, HEALTHSTREAM INC posted the faster year-over-year revenue change (7.4% vs -3.6%). Over the past eight quarters, GLADSTONE COMMERCIAL CORP's revenue compounded faster (6.3% CAGR vs 4.7%).
Gladstone Commercial Corp is a publicly traded US real estate investment trust focused on acquiring, owning, and operating diversified industrial and commercial properties. It offers long-term net lease agreements to tenants across manufacturing, logistics, healthcare and professional services sectors, mainly serving small to mid-sized business clients.
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.
GOOD vs HSTM — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $41.9M | $79.7M |
| Net Profit | $7.0M | — |
| Gross Margin | — | — |
| Operating Margin | 160.2% | 3.0% |
| Net Margin | 16.6% | — |
| Revenue YoY | -3.6% | 7.4% |
| Net Profit YoY | 29.5% | — |
| EPS (diluted) | — | $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.
| Q1 26 | $41.9M | — | ||
| Q4 25 | $43.5M | $79.7M | ||
| Q3 25 | $40.8M | $76.5M | ||
| Q2 25 | $39.5M | $74.4M | ||
| Q1 25 | $37.5M | $73.5M | ||
| Q4 24 | $37.4M | $74.2M | ||
| Q3 24 | $39.2M | $73.1M | ||
| Q2 24 | $37.1M | $71.6M |
| Q1 26 | $7.0M | — | ||
| Q4 25 | $5.4M | — | ||
| Q3 25 | $4.1M | $6.1M | ||
| Q2 25 | $4.6M | $5.4M | ||
| Q1 25 | $5.1M | $4.3M | ||
| Q4 24 | $7.2M | — | ||
| Q3 24 | $11.7M | $5.7M | ||
| Q2 24 | $1.6M | $4.2M |
| Q1 26 | 160.2% | — | ||
| Q4 25 | — | 3.0% | ||
| Q3 25 | — | 9.9% | ||
| Q2 25 | — | 7.9% | ||
| Q1 25 | — | 6.0% | ||
| Q4 24 | — | 6.3% | ||
| Q3 24 | — | 8.9% | ||
| Q2 24 | — | 6.2% |
| Q1 26 | 16.6% | — | ||
| Q4 25 | 12.4% | — | ||
| Q3 25 | 10.1% | 8.0% | ||
| Q2 25 | 11.7% | 7.2% | ||
| Q1 25 | 13.7% | 5.9% | ||
| Q4 24 | 19.2% | — | ||
| Q3 24 | 29.8% | 7.8% | ||
| Q2 24 | 4.3% | 5.8% |
| Q1 26 | — | — | ||
| Q4 25 | $0.05 | $0.09 | ||
| Q3 25 | $0.02 | $0.20 | ||
| Q2 25 | $0.03 | $0.18 | ||
| Q1 25 | $0.04 | $0.14 | ||
| Q4 24 | $0.10 | $0.16 | ||
| Q3 24 | $0.20 | $0.19 | ||
| Q2 24 | $-0.04 | $0.14 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $36.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $354.0M |
| Total Assets | $1.2B | $520.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $10.8M | $36.2M | ||
| Q3 25 | $18.4M | $53.5M | ||
| Q2 25 | $11.7M | $52.1M | ||
| Q1 25 | $10.4M | $77.3M | ||
| Q4 24 | $11.0M | $59.5M | ||
| Q3 24 | $10.5M | $57.5M | ||
| Q2 24 | $10.4M | $46.1M |
| Q1 26 | — | — | ||
| Q4 25 | $843.5M | — | ||
| Q3 25 | $843.3M | — | ||
| Q2 25 | $794.4M | — | ||
| Q1 25 | $740.7M | — | ||
| Q4 24 | $693.4M | — | ||
| Q3 24 | $692.6M | — | ||
| Q2 24 | $722.5M | — |
| Q1 26 | — | — | ||
| Q4 25 | $171.8M | $354.0M | ||
| Q3 25 | $184.8M | $349.2M | ||
| Q2 25 | $177.2M | $350.6M | ||
| Q1 25 | $183.2M | $362.8M | ||
| Q4 24 | $171.2M | $359.4M | ||
| Q3 24 | $168.9M | $355.5M | ||
| Q2 24 | $145.7M | $349.2M |
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.2B | $520.4M | ||
| Q3 25 | $1.3B | $499.9M | ||
| Q2 25 | $1.2B | $500.1M | ||
| Q1 25 | $1.2B | $524.0M | ||
| Q4 24 | $1.1B | $510.8M | ||
| Q3 24 | $1.1B | $502.8M | ||
| Q2 24 | $1.1B | $499.6M |
| Q1 26 | — | — | ||
| Q4 25 | 4.91× | — | ||
| Q3 25 | 4.56× | — | ||
| Q2 25 | 4.48× | — | ||
| Q1 25 | 4.04× | — | ||
| Q4 24 | 4.05× | — | ||
| Q3 24 | 4.10× | — | ||
| Q2 24 | 4.96× | — |
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 | — | $13.2M |
| Free Cash FlowOCF − Capex | — | $13.0M |
| FCF MarginFCF / Revenue | — | 16.3% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $59.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $88.2M | $13.2M | ||
| Q3 25 | $18.9M | $18.0M | ||
| Q2 25 | $35.8M | $5.0M | ||
| Q1 25 | $17.7M | $27.1M | ||
| Q4 24 | $57.0M | $11.2M | ||
| Q3 24 | $5.5M | $19.1M | ||
| Q2 24 | $13.6M | $6.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $13.0M | ||
| Q3 25 | — | $17.9M | ||
| Q2 25 | — | $2.7M | ||
| Q1 25 | — | $26.0M | ||
| Q4 24 | — | $11.0M | ||
| Q3 24 | — | $18.8M | ||
| Q2 24 | — | $6.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 16.3% | ||
| Q3 25 | — | 23.4% | ||
| Q2 25 | — | 3.6% | ||
| Q1 25 | — | 35.4% | ||
| Q4 24 | — | 14.8% | ||
| Q3 24 | — | 25.8% | ||
| Q2 24 | — | 8.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 3.1% | ||
| Q1 25 | — | 1.4% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.2% |
| Q1 26 | — | — | ||
| Q4 25 | 16.38× | — | ||
| Q3 25 | 4.57× | 2.96× | ||
| Q2 25 | 7.74× | 0.93× | ||
| Q1 25 | 3.44× | 6.25× | ||
| Q4 24 | 7.93× | — | ||
| Q3 24 | 0.47× | 3.34× | ||
| Q2 24 | 8.44× | 1.55× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GOOD
Segment breakdown not available.
HSTM
| Subscription Services | $77.0M | 97% |
| Professional Services | $2.7M | 3% |
