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Side-by-side financial comparison of HARTE HANKS INC (HHS) 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 $39.9M, roughly 2.0× HARTE HANKS INC). On growth, HEALTHSTREAM INC posted the faster year-over-year revenue change (7.4% vs -15.4%). HEALTHSTREAM INC produced more free cash flow last quarter ($13.0M vs $-686.0K). Over the past eight quarters, HEALTHSTREAM INC's revenue compounded faster (4.7% CAGR vs -6.4%).
Harte Hanks is a global marketing services company headquartered in Boston, Massachusetts. Harte Hanks services include analytics, strategy, marketing technology, creative services, digital marketing, customer care, direct mail, logistics, and fulfillment.
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.
HHS vs HSTM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $39.9M | $79.7M |
| Net Profit | $2.2M | — |
| Gross Margin | — | — |
| Operating Margin | -0.3% | 3.0% |
| Net Margin | 5.5% | — |
| Revenue YoY | -15.4% | 7.4% |
| Net Profit YoY | — | — |
| EPS (diluted) | $0.30 | $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 | $39.9M | $79.7M | ||
| Q3 25 | $39.5M | $76.5M | ||
| Q2 25 | $38.6M | $74.4M | ||
| Q1 25 | $41.6M | $73.5M | ||
| Q4 24 | $47.1M | $74.2M | ||
| Q3 24 | $47.6M | $73.1M | ||
| Q2 24 | $45.0M | $71.6M | ||
| Q1 24 | $45.4M | $72.8M |
| Q4 25 | $2.2M | — | ||
| Q3 25 | $-2.3M | $6.1M | ||
| Q2 25 | $-335.0K | $5.4M | ||
| Q1 25 | $-392.0K | $4.3M | ||
| Q4 24 | — | — | ||
| Q3 24 | $142.0K | $5.7M | ||
| Q2 24 | $-27.8M | $4.2M | ||
| Q1 24 | $-171.0K | $5.2M |
| Q4 25 | -0.3% | 3.0% | ||
| Q3 25 | 1.3% | 9.9% | ||
| Q2 25 | 0.1% | 7.9% | ||
| Q1 25 | -0.1% | 6.0% | ||
| Q4 24 | -3.3% | 6.3% | ||
| Q3 24 | 4.0% | 8.9% | ||
| Q2 24 | 3.0% | 6.2% | ||
| Q1 24 | 0.8% | 7.8% |
| Q4 25 | 5.5% | — | ||
| Q3 25 | -5.8% | 8.0% | ||
| Q2 25 | -0.9% | 7.2% | ||
| Q1 25 | -0.9% | 5.9% | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.3% | 7.8% | ||
| Q2 24 | -61.8% | 5.8% | ||
| Q1 24 | -0.4% | 7.2% |
| Q4 25 | $0.30 | $0.09 | ||
| Q3 25 | $-0.31 | $0.20 | ||
| Q2 25 | $-0.05 | $0.18 | ||
| Q1 25 | $-0.05 | $0.14 | ||
| Q4 24 | $-0.31 | $0.16 | ||
| Q3 24 | $0.02 | $0.19 | ||
| Q2 24 | $-3.84 | $0.14 | ||
| Q1 24 | $-0.02 | $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 | $5.6M | $36.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $20.5M | $354.0M |
| Total Assets | $91.8M | $520.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.6M | $36.2M | ||
| Q3 25 | $6.5M | $53.5M | ||
| Q2 25 | $4.8M | $52.1M | ||
| Q1 25 | $9.0M | $77.3M | ||
| Q4 24 | $9.8M | $59.5M | ||
| Q3 24 | $5.9M | $57.5M | ||
| Q2 24 | $11.0M | $46.1M | ||
| Q1 24 | $11.5M | $52.4M |
| Q4 25 | $20.5M | $354.0M | ||
| Q3 25 | $19.9M | $349.2M | ||
| Q2 25 | $22.2M | $350.6M | ||
| Q1 25 | $21.4M | $362.8M | ||
| Q4 24 | $21.7M | $359.4M | ||
| Q3 24 | $21.0M | $355.5M | ||
| Q2 24 | $20.6M | $349.2M | ||
| Q1 24 | $20.0M | $344.9M |
| Q4 25 | $91.8M | $520.4M | ||
| Q3 25 | $92.7M | $499.9M | ||
| Q2 25 | $95.0M | $500.1M | ||
| Q1 25 | $100.6M | $524.0M | ||
| Q4 24 | $101.8M | $510.8M | ||
| Q3 24 | $108.1M | $502.8M | ||
| Q2 24 | $109.7M | $499.6M | ||
| Q1 24 | $113.4M | $511.6M |
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 | $737.0K | $13.2M |
| Free Cash FlowOCF − Capex | $-686.0K | $13.0M |
| FCF MarginFCF / Revenue | -1.7% | 16.3% |
| Capex IntensityCapex / Revenue | 3.6% | 0.3% |
| Cash ConversionOCF / Net Profit | 0.33× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-4.5M | $59.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $737.0K | $13.2M | ||
| Q3 25 | $3.2M | $18.0M | ||
| Q2 25 | $-4.8M | $5.0M | ||
| Q1 25 | $-818.0K | $27.1M | ||
| Q4 24 | $4.0M | $11.2M | ||
| Q3 24 | $-2.9M | $19.1M | ||
| Q2 24 | $1.6M | $6.5M | ||
| Q1 24 | $-5.7M | $20.9M |
| Q4 25 | $-686.0K | $13.0M | ||
| Q3 25 | $2.2M | $17.9M | ||
| Q2 25 | $-5.1M | $2.7M | ||
| Q1 25 | $-923.0K | $26.0M | ||
| Q4 24 | $3.4M | $11.0M | ||
| Q3 24 | $-4.9M | $18.8M | ||
| Q2 24 | $926.0K | $6.3M | ||
| Q1 24 | $-6.2M | $20.2M |
| Q4 25 | -1.7% | 16.3% | ||
| Q3 25 | 5.5% | 23.4% | ||
| Q2 25 | -13.1% | 3.6% | ||
| Q1 25 | -2.2% | 35.4% | ||
| Q4 24 | 7.3% | 14.8% | ||
| Q3 24 | -10.2% | 25.8% | ||
| Q2 24 | 2.1% | 8.8% | ||
| Q1 24 | -13.7% | 27.8% |
| Q4 25 | 3.6% | 0.3% | ||
| Q3 25 | 2.5% | 0.1% | ||
| Q2 25 | 0.6% | 3.1% | ||
| Q1 25 | 0.3% | 1.4% | ||
| Q4 24 | 1.3% | 0.3% | ||
| Q3 24 | 4.0% | 0.4% | ||
| Q2 24 | 1.5% | 0.2% | ||
| Q1 24 | 1.2% | 1.0% |
| Q4 25 | 0.33× | — | ||
| Q3 25 | — | 2.96× | ||
| Q2 25 | — | 0.93× | ||
| Q1 25 | — | 6.25× | ||
| Q4 24 | — | — | ||
| Q3 24 | -20.76× | 3.34× | ||
| Q2 24 | — | 1.55× | ||
| Q1 24 | — | 4.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HHS
| Fulfillment And Logistics Services | $17.3M | 43% |
| Customer Care | $13.7M | 34% |
| Other | $8.9M | 22% |
HSTM
| Subscription Services | $77.0M | 97% |
| Professional Services | $2.7M | 3% |
