vs
Side-by-side financial comparison of HEALTHSTREAM INC (HSTM) and IMAX CORP (IMAX). Click either name above to swap in a different company.
IMAX CORP is the larger business by last-quarter revenue ($125.2M vs $79.7M, roughly 1.6× HEALTHSTREAM INC). On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs 7.4%). IMAX CORP produced more free cash flow last quarter ($28.0M vs $13.0M). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs 4.7%).
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.
IMAX Corporation is a Canadian production theatre company which designs and manufactures IMAX cameras and projection systems as well as performing film development, production, post-production and distribution to IMAX-affiliated theatres worldwide. Founded in Montreal in 1967, it has headquarters in the Toronto area, and operations in New York City and Los Angeles.
HSTM vs IMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $79.7M | $125.2M |
| Net Profit | — | $637.0K |
| Gross Margin | — | 57.6% |
| Operating Margin | 3.0% | 19.3% |
| Net Margin | — | 0.5% |
| Revenue YoY | 7.4% | 35.1% |
| Net Profit YoY | — | -88.0% |
| EPS (diluted) | $0.09 | $0.02 |
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 | $79.7M | $125.2M | ||
| Q3 25 | $76.5M | $106.7M | ||
| Q2 25 | $74.4M | $91.7M | ||
| Q1 25 | $73.5M | $86.7M | ||
| Q4 24 | $74.2M | $92.7M | ||
| Q3 24 | $73.1M | $91.5M | ||
| Q2 24 | $71.6M | $89.0M | ||
| Q1 24 | $72.8M | $79.1M |
| Q4 25 | — | $637.0K | ||
| Q3 25 | $6.1M | $20.7M | ||
| Q2 25 | $5.4M | $11.3M | ||
| Q1 25 | $4.3M | $2.3M | ||
| Q4 24 | — | $5.3M | ||
| Q3 24 | $5.7M | $13.9M | ||
| Q2 24 | $4.2M | $3.6M | ||
| Q1 24 | $5.2M | $3.3M |
| Q4 25 | — | 57.6% | ||
| Q3 25 | — | 63.1% | ||
| Q2 25 | — | 58.5% | ||
| Q1 25 | — | 61.4% | ||
| Q4 24 | — | 52.2% | ||
| Q3 24 | — | 55.8% | ||
| Q2 24 | — | 49.4% | ||
| Q1 24 | — | 59.3% |
| Q4 25 | 3.0% | 19.3% | ||
| Q3 25 | 9.9% | 27.2% | ||
| Q2 25 | 7.9% | 15.6% | ||
| Q1 25 | 6.0% | 19.3% | ||
| Q4 24 | 6.3% | 10.3% | ||
| Q3 24 | 8.9% | 21.2% | ||
| Q2 24 | 6.2% | 3.2% | ||
| Q1 24 | 7.8% | 15.3% |
| Q4 25 | — | 0.5% | ||
| Q3 25 | 8.0% | 19.4% | ||
| Q2 25 | 7.2% | 12.3% | ||
| Q1 25 | 5.9% | 2.7% | ||
| Q4 24 | — | 5.7% | ||
| Q3 24 | 7.8% | 15.2% | ||
| Q2 24 | 5.8% | 4.0% | ||
| Q1 24 | 7.2% | 4.1% |
| Q4 25 | $0.09 | $0.02 | ||
| Q3 25 | $0.20 | $0.37 | ||
| Q2 25 | $0.18 | $0.20 | ||
| Q1 25 | $0.14 | $0.04 | ||
| Q4 24 | $0.16 | $0.09 | ||
| Q3 24 | $0.19 | $0.26 | ||
| Q2 24 | $0.14 | $0.07 | ||
| Q1 24 | $0.17 | $0.06 |
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 | $151.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $354.0M | $337.9M |
| Total Assets | $520.4M | $894.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.2M | $151.2M | ||
| Q3 25 | $53.5M | $143.1M | ||
| Q2 25 | $52.1M | $109.3M | ||
| Q1 25 | $77.3M | $97.1M | ||
| Q4 24 | $59.5M | $100.6M | ||
| Q3 24 | $57.5M | $104.5M | ||
| Q2 24 | $46.1M | $91.6M | ||
| Q1 24 | $52.4M | $81.0M |
| Q4 25 | $354.0M | $337.9M | ||
| Q3 25 | $349.2M | $349.5M | ||
| Q2 25 | $350.6M | $320.4M | ||
| Q1 25 | $362.8M | $299.5M | ||
| Q4 24 | $359.4M | $299.5M | ||
| Q3 24 | $355.5M | $289.4M | ||
| Q2 24 | $349.2M | $267.2M | ||
| Q1 24 | $344.9M | $258.8M |
| Q4 25 | $520.4M | $894.0M | ||
| Q3 25 | $499.9M | $889.6M | ||
| Q2 25 | $500.1M | $868.6M | ||
| Q1 25 | $524.0M | $848.3M | ||
| Q4 24 | $510.8M | $830.4M | ||
| Q3 24 | $502.8M | $847.6M | ||
| Q2 24 | $499.6M | $827.4M | ||
| Q1 24 | $511.6M | $824.1M |
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 | $29.4M |
| Free Cash FlowOCF − Capex | $13.0M | $28.0M |
| FCF MarginFCF / Revenue | 16.3% | 22.3% |
| Capex IntensityCapex / Revenue | 0.3% | 1.1% |
| Cash ConversionOCF / Net Profit | — | 46.11× |
| TTM Free Cash FlowTrailing 4 quarters | $59.6M | $118.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.2M | $29.4M | ||
| Q3 25 | $18.0M | $67.5M | ||
| Q2 25 | $5.0M | $23.2M | ||
| Q1 25 | $27.1M | $7.0M | ||
| Q4 24 | $11.2M | $11.5M | ||
| Q3 24 | $19.1M | $35.3M | ||
| Q2 24 | $6.5M | $35.0M | ||
| Q1 24 | $20.9M | $-11.0M |
| Q4 25 | $13.0M | $28.0M | ||
| Q3 25 | $17.9M | $64.8M | ||
| Q2 25 | $2.7M | $20.9M | ||
| Q1 25 | $26.0M | $5.3M | ||
| Q4 24 | $11.0M | $6.9M | ||
| Q3 24 | $18.8M | $34.2M | ||
| Q2 24 | $6.3M | $33.5M | ||
| Q1 24 | $20.2M | $-12.1M |
| Q4 25 | 16.3% | 22.3% | ||
| Q3 25 | 23.4% | 60.7% | ||
| Q2 25 | 3.6% | 22.8% | ||
| Q1 25 | 35.4% | 6.1% | ||
| Q4 24 | 14.8% | 7.4% | ||
| Q3 24 | 25.8% | 37.3% | ||
| Q2 24 | 8.8% | 37.6% | ||
| Q1 24 | 27.8% | -15.3% |
| Q4 25 | 0.3% | 1.1% | ||
| Q3 25 | 0.1% | 2.6% | ||
| Q2 25 | 3.1% | 2.6% | ||
| Q1 25 | 1.4% | 1.9% | ||
| Q4 24 | 0.3% | 5.0% | ||
| Q3 24 | 0.4% | 1.2% | ||
| Q2 24 | 0.2% | 1.8% | ||
| Q1 24 | 1.0% | 1.4% |
| Q4 25 | — | 46.11× | ||
| Q3 25 | 2.96× | 3.27× | ||
| Q2 25 | 0.93× | 2.06× | ||
| Q1 25 | 6.25× | 2.99× | ||
| Q4 24 | — | 2.16× | ||
| Q3 24 | 3.34× | 2.54× | ||
| Q2 24 | 1.55× | 9.78× | ||
| Q1 24 | 4.01× | -3.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HSTM
| Subscription Services | $77.0M | 97% |
| Professional Services | $2.7M | 3% |
IMAX
| Technology Sales | $46.6M | 37% |
| Image Enhancement And Maintenance Services | $38.1M | 30% |
| Joint Revenue Sharing Arrangement | $20.4M | 16% |
| Maintenance | $16.3M | 13% |
| Finance Income | $2.8M | 2% |
| Other Content Solutions | $1.6M | 1% |
