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Side-by-side financial comparison of HEALTHSTREAM INC (HSTM) and Limbach Holdings, Inc. (LMB). Click either name above to swap in a different company.
Limbach Holdings, Inc. is the larger business by last-quarter revenue ($138.9M vs $79.7M, roughly 1.7× HEALTHSTREAM INC). On growth, HEALTHSTREAM INC posted the faster year-over-year revenue change (7.4% vs 4.3%). Over the past eight quarters, Limbach Holdings, Inc.'s revenue compounded faster (6.6% 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.
Limbach Flugmotoren is a Chinese-owned company based in Germany that produces aircraft engines.
HSTM vs LMB — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $79.7M | $138.9M |
| Net Profit | — | $4.4M |
| Gross Margin | — | 22.4% |
| Operating Margin | 3.0% | 0.8% |
| Net Margin | — | 3.2% |
| Revenue YoY | 7.4% | 4.3% |
| Net Profit YoY | — | — |
| EPS (diluted) | $0.09 | $0.36 |
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 | — | $138.9M | ||
| Q4 25 | $79.7M | $186.9M | ||
| Q3 25 | $76.5M | $184.6M | ||
| Q2 25 | $74.4M | $142.2M | ||
| Q1 25 | $73.5M | $133.1M | ||
| Q4 24 | $74.2M | $143.7M | ||
| Q3 24 | $73.1M | $133.9M | ||
| Q2 24 | $71.6M | $122.2M |
| Q1 26 | — | $4.4M | ||
| Q4 25 | — | $12.3M | ||
| Q3 25 | $6.1M | $8.8M | ||
| Q2 25 | $5.4M | $7.8M | ||
| Q1 25 | $4.3M | $10.2M | ||
| Q4 24 | — | $9.8M | ||
| Q3 24 | $5.7M | $7.5M | ||
| Q2 24 | $4.2M | $6.0M |
| Q1 26 | — | 22.4% | ||
| Q4 25 | — | 25.7% | ||
| Q3 25 | — | 24.2% | ||
| Q2 25 | — | 28.0% | ||
| Q1 25 | — | 27.6% | ||
| Q4 24 | — | 30.3% | ||
| Q3 24 | — | 27.0% | ||
| Q2 24 | — | 27.4% |
| Q1 26 | — | 0.8% | ||
| Q4 25 | 3.0% | 9.4% | ||
| Q3 25 | 9.9% | 7.2% | ||
| Q2 25 | 7.9% | 7.5% | ||
| Q1 25 | 6.0% | 5.9% | ||
| Q4 24 | 6.3% | 9.1% | ||
| Q3 24 | 8.9% | 8.1% | ||
| Q2 24 | 6.2% | 6.7% |
| Q1 26 | — | 3.2% | ||
| Q4 25 | — | 6.6% | ||
| Q3 25 | 8.0% | 4.8% | ||
| Q2 25 | 7.2% | 5.5% | ||
| Q1 25 | 5.9% | 7.7% | ||
| Q4 24 | — | 6.9% | ||
| Q3 24 | 7.8% | 5.6% | ||
| Q2 24 | 5.8% | 4.9% |
| Q1 26 | — | $0.36 | ||
| Q4 25 | $0.09 | $1.01 | ||
| Q3 25 | $0.20 | $0.73 | ||
| Q2 25 | $0.18 | $0.64 | ||
| Q1 25 | $0.14 | $0.85 | ||
| Q4 24 | $0.16 | $0.81 | ||
| Q3 24 | $0.19 | $0.62 | ||
| Q2 24 | $0.14 | $0.50 |
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 | $15.8M |
| Total DebtLower is stronger | — | $56.6M |
| Stockholders' EquityBook value | $354.0M | $196.3M |
| Total Assets | $520.4M | $377.0M |
| Debt / EquityLower = less leverage | — | 0.29× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $15.8M | ||
| Q4 25 | $36.2M | $11.3M | ||
| Q3 25 | $53.5M | $9.8M | ||
| Q2 25 | $52.1M | $38.9M | ||
| Q1 25 | $77.3M | $38.1M | ||
| Q4 24 | $59.5M | $44.9M | ||
| Q3 24 | $57.5M | $51.2M | ||
| Q2 24 | $46.1M | $59.5M |
| Q1 26 | — | $56.6M | ||
| Q4 25 | — | $30.5M | ||
| Q3 25 | — | $56.3M | ||
| Q2 25 | — | $28.4M | ||
| Q1 25 | — | $23.7M | ||
| Q4 24 | — | $23.6M | ||
| Q3 24 | — | $20.5M | ||
| Q2 24 | — | $19.7M |
| Q1 26 | — | $196.3M | ||
| Q4 25 | $354.0M | $195.7M | ||
| Q3 25 | $349.2M | $181.6M | ||
| Q2 25 | $350.6M | $170.5M | ||
| Q1 25 | $362.8M | $161.1M | ||
| Q4 24 | $359.4M | $153.5M | ||
| Q3 24 | $355.5M | $142.2M | ||
| Q2 24 | $349.2M | $133.0M |
| Q1 26 | — | $377.0M | ||
| Q4 25 | $520.4M | $381.1M | ||
| Q3 25 | $499.9M | $409.1M | ||
| Q2 25 | $500.1M | $343.0M | ||
| Q1 25 | $524.0M | $336.4M | ||
| Q4 24 | $510.8M | $352.1M | ||
| Q3 24 | $502.8M | $324.4M | ||
| Q2 24 | $499.6M | $303.9M |
| Q1 26 | — | 0.29× | ||
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | 0.31× | ||
| Q2 25 | — | 0.17× | ||
| Q1 25 | — | 0.15× | ||
| Q4 24 | — | 0.15× | ||
| Q3 24 | — | 0.14× | ||
| Q2 24 | — | 0.15× |
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 | $13.2M | $28.1M | ||
| Q3 25 | $18.0M | $13.3M | ||
| Q2 25 | $5.0M | $2.0M | ||
| Q1 25 | $27.1M | $2.2M | ||
| Q4 24 | $11.2M | $19.3M | ||
| Q3 24 | $19.1M | $4.9M | ||
| Q2 24 | $6.5M | $16.5M |
| Q1 26 | — | — | ||
| Q4 25 | $13.0M | $27.9M | ||
| Q3 25 | $17.9M | $12.8M | ||
| Q2 25 | $2.7M | $1.2M | ||
| Q1 25 | $26.0M | $11.0K | ||
| Q4 24 | $11.0M | $18.0M | ||
| Q3 24 | $18.8M | $4.6M | ||
| Q2 24 | $6.3M | $13.2M |
| Q1 26 | — | — | ||
| Q4 25 | 16.3% | 14.9% | ||
| Q3 25 | 23.4% | 7.0% | ||
| Q2 25 | 3.6% | 0.8% | ||
| Q1 25 | 35.4% | 0.0% | ||
| Q4 24 | 14.8% | 12.5% | ||
| Q3 24 | 25.8% | 3.4% | ||
| Q2 24 | 8.8% | 10.8% |
| Q1 26 | — | — | ||
| Q4 25 | 0.3% | 0.1% | ||
| Q3 25 | 0.1% | 0.3% | ||
| Q2 25 | 3.1% | 0.6% | ||
| Q1 25 | 1.4% | 1.7% | ||
| Q4 24 | 0.3% | 0.9% | ||
| Q3 24 | 0.4% | 0.3% | ||
| Q2 24 | 0.2% | 2.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.29× | ||
| Q3 25 | 2.96× | 1.52× | ||
| Q2 25 | 0.93× | 0.26× | ||
| Q1 25 | 6.25× | 0.22× | ||
| Q4 24 | — | 1.96× | ||
| Q3 24 | 3.34× | 0.66× | ||
| Q2 24 | 1.55× | 2.77× |
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% |
LMB
| ODR | $99.8M | 72% |
| GCR | $39.0M | 28% |
