vs

Side-by-side financial comparison of HEALTHSTREAM INC (HSTM) and JBG SMITH Properties (JBGS). Click either name above to swap in a different company.

JBG SMITH Properties is the larger business by last-quarter revenue ($127.6M vs $79.7M, roughly 1.6× HEALTHSTREAM INC). On growth, HEALTHSTREAM INC posted the faster year-over-year revenue change (7.4% vs -2.5%). Over the past eight quarters, HEALTHSTREAM INC's revenue compounded faster (4.7% CAGR vs -6.3%).

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.

JBG SMITH Properties is a publicly traded real estate investment trust based in Bethesda, Maryland.

HSTM vs JBGS — Head-to-Head

Bigger by revenue
JBGS
JBGS
1.6× larger
JBGS
$127.6M
$79.7M
HSTM
Growing faster (revenue YoY)
HSTM
HSTM
+9.8% gap
HSTM
7.4%
-2.5%
JBGS
Faster 2-yr revenue CAGR
HSTM
HSTM
Annualised
HSTM
4.7%
-6.3%
JBGS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HSTM
HSTM
JBGS
JBGS
Revenue
$79.7M
$127.6M
Net Profit
$-45.5M
Gross Margin
Operating Margin
3.0%
-47.5%
Net Margin
-35.7%
Revenue YoY
7.4%
-2.5%
Net Profit YoY
24.0%
EPS (diluted)
$0.09
$-0.76

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.

Revenue
HSTM
HSTM
JBGS
JBGS
Q4 25
$79.7M
$127.6M
Q3 25
$76.5M
$123.9M
Q2 25
$74.4M
$126.5M
Q1 25
$73.5M
$120.7M
Q4 24
$74.2M
$130.8M
Q3 24
$73.1M
$136.0M
Q2 24
$71.6M
$135.3M
Q1 24
$72.8M
$145.2M
Net Profit
HSTM
HSTM
JBGS
JBGS
Q4 25
$-45.5M
Q3 25
$6.1M
$-28.6M
Q2 25
$5.4M
$-19.2M
Q1 25
$4.3M
$-45.7M
Q4 24
$-59.9M
Q3 24
$5.7M
$-27.0M
Q2 24
$4.2M
$-24.4M
Q1 24
$5.2M
$-32.3M
Operating Margin
HSTM
HSTM
JBGS
JBGS
Q4 25
3.0%
-47.5%
Q3 25
9.9%
-27.5%
Q2 25
7.9%
-18.4%
Q1 25
6.0%
-44.7%
Q4 24
6.3%
-53.6%
Q3 24
8.9%
-22.4%
Q2 24
6.2%
-24.3%
Q1 24
7.8%
-30.1%
Net Margin
HSTM
HSTM
JBGS
JBGS
Q4 25
-35.7%
Q3 25
8.0%
-23.1%
Q2 25
7.2%
-15.2%
Q1 25
5.9%
-37.9%
Q4 24
-45.8%
Q3 24
7.8%
-19.8%
Q2 24
5.8%
-18.0%
Q1 24
7.2%
-22.2%
EPS (diluted)
HSTM
HSTM
JBGS
JBGS
Q4 25
$0.09
$-0.76
Q3 25
$0.20
$-0.48
Q2 25
$0.18
$-0.29
Q1 25
$0.14
$-0.56
Q4 24
$0.16
$-0.70
Q3 24
$0.19
$-0.32
Q2 24
$0.14
$-0.27
Q1 24
$0.17
$-0.36

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HSTM
HSTM
JBGS
JBGS
Cash + ST InvestmentsLiquidity on hand
$36.2M
$75.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$354.0M
$1.2B
Total Assets
$520.4M
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HSTM
HSTM
JBGS
JBGS
Q4 25
$36.2M
$75.3M
Q3 25
$53.5M
$64.4M
Q2 25
$52.1M
$61.4M
Q1 25
$77.3M
$81.3M
Q4 24
$59.5M
$145.8M
Q3 24
$57.5M
$137.0M
Q2 24
$46.1M
$163.5M
Q1 24
$52.4M
$220.5M
Stockholders' Equity
HSTM
HSTM
JBGS
JBGS
Q4 25
$354.0M
$1.2B
Q3 25
$349.2M
$1.2B
Q2 25
$350.6M
$1.3B
Q1 25
$362.8M
$1.6B
Q4 24
$359.4M
$1.8B
Q3 24
$355.5M
$1.9B
Q2 24
$349.2M
$2.0B
Q1 24
$344.9M
$2.1B
Total Assets
HSTM
HSTM
JBGS
JBGS
Q4 25
$520.4M
$4.4B
Q3 25
$499.9M
$4.4B
Q2 25
$500.1M
$4.5B
Q1 25
$524.0M
$4.7B
Q4 24
$510.8M
$5.0B
Q3 24
$502.8M
$5.2B
Q2 24
$499.6M
$5.3B
Q1 24
$511.6M
$5.4B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HSTM
HSTM
JBGS
JBGS
Operating Cash FlowLast quarter
$13.2M
$73.3M
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.

Operating Cash Flow
HSTM
HSTM
JBGS
JBGS
Q4 25
$13.2M
$73.3M
Q3 25
$18.0M
$8.9M
Q2 25
$5.0M
$18.8M
Q1 25
$27.1M
$12.9M
Q4 24
$11.2M
$129.4M
Q3 24
$19.1M
$26.4M
Q2 24
$6.5M
$23.8M
Q1 24
$20.9M
$37.0M
Free Cash Flow
HSTM
HSTM
JBGS
JBGS
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 24
$20.2M
FCF Margin
HSTM
HSTM
JBGS
JBGS
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 24
27.8%
Capex Intensity
HSTM
HSTM
JBGS
JBGS
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 24
1.0%
Cash Conversion
HSTM
HSTM
JBGS
JBGS
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
4.01×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HSTM
HSTM

Subscription Services$77.0M97%
Professional Services$2.7M3%

JBGS
JBGS

Segment breakdown not available.

Related Comparisons