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Side-by-side financial comparison of HEALTHSTREAM INC (HSTM) and Loar Holdings Inc. (LOAR). Click either name above to swap in a different company.

Loar Holdings Inc. is the larger business by last-quarter revenue ($131.8M vs $79.7M, roughly 1.7× HEALTHSTREAM INC). On growth, Loar Holdings Inc. posted the faster year-over-year revenue change (19.3% vs 7.4%). Over the past eight quarters, Loar Holdings Inc.'s revenue compounded faster (19.8% 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.

HSTM vs LOAR — Head-to-Head

Bigger by revenue
LOAR
LOAR
1.7× larger
LOAR
$131.8M
$79.7M
HSTM
Growing faster (revenue YoY)
LOAR
LOAR
+11.9% gap
LOAR
19.3%
7.4%
HSTM
Faster 2-yr revenue CAGR
LOAR
LOAR
Annualised
LOAR
19.8%
4.7%
HSTM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HSTM
HSTM
LOAR
LOAR
Revenue
$79.7M
$131.8M
Net Profit
$12.5M
Gross Margin
52.1%
Operating Margin
3.0%
18.0%
Net Margin
9.5%
Revenue YoY
7.4%
19.3%
Net Profit YoY
239.5%
EPS (diluted)
$0.09
$0.13

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
LOAR
LOAR
Q4 25
$79.7M
$131.8M
Q3 25
$76.5M
$126.8M
Q2 25
$74.4M
$123.1M
Q1 25
$73.5M
$114.7M
Q4 24
$74.2M
$110.4M
Q3 24
$73.1M
$103.5M
Q2 24
$71.6M
$97.0M
Q1 24
$72.8M
$91.8M
Net Profit
HSTM
HSTM
LOAR
LOAR
Q4 25
$12.5M
Q3 25
$6.1M
$27.6M
Q2 25
$5.4M
$16.7M
Q1 25
$4.3M
$15.3M
Q4 24
$3.7M
Q3 24
$5.7M
$8.7M
Q2 24
$4.2M
$7.6M
Q1 24
$5.2M
$2.2M
Gross Margin
HSTM
HSTM
LOAR
LOAR
Q4 25
52.1%
Q3 25
52.7%
Q2 25
53.8%
Q1 25
52.1%
Q4 24
48.9%
Q3 24
51.1%
Q2 24
49.0%
Q1 24
48.4%
Operating Margin
HSTM
HSTM
LOAR
LOAR
Q4 25
3.0%
18.0%
Q3 25
9.9%
22.9%
Q2 25
7.9%
22.2%
Q1 25
6.0%
22.8%
Q4 24
6.3%
19.2%
Q3 24
8.9%
22.1%
Q2 24
6.2%
22.9%
Q1 24
7.8%
23.3%
Net Margin
HSTM
HSTM
LOAR
LOAR
Q4 25
9.5%
Q3 25
8.0%
21.8%
Q2 25
7.2%
13.6%
Q1 25
5.9%
13.4%
Q4 24
3.3%
Q3 24
7.8%
8.4%
Q2 24
5.8%
7.9%
Q1 24
7.2%
2.4%
EPS (diluted)
HSTM
HSTM
LOAR
LOAR
Q4 25
$0.09
$0.13
Q3 25
$0.20
$0.29
Q2 25
$0.18
$0.17
Q1 25
$0.14
$0.16
Q4 24
$0.16
$-11023.48
Q3 24
$0.19
$0.09
Q2 24
$0.14
$0.09
Q1 24
$0.17
$11023.54

Balance Sheet & Financial Strength

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

Metric
HSTM
HSTM
LOAR
LOAR
Cash + ST InvestmentsLiquidity on hand
$36.2M
$84.8M
Total DebtLower is stronger
$715.7M
Stockholders' EquityBook value
$354.0M
$1.2B
Total Assets
$520.4M
$2.0B
Debt / EquityLower = less leverage
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HSTM
HSTM
LOAR
LOAR
Q4 25
$36.2M
$84.8M
Q3 25
$53.5M
$99.0M
Q2 25
$52.1M
$103.3M
Q1 25
$77.3M
$80.5M
Q4 24
$59.5M
$54.1M
Q3 24
$57.5M
$55.2M
Q2 24
$46.1M
$73.2M
Q1 24
$52.4M
$28.2M
Total Debt
HSTM
HSTM
LOAR
LOAR
Q4 25
$715.7M
Q3 25
$279.4M
Q2 25
$277.7M
Q1 25
$277.5M
Q4 24
$277.3M
Q3 24
$602.1M
Q2 24
$250.7M
Q1 24
$534.2M
Stockholders' Equity
HSTM
HSTM
LOAR
LOAR
Q4 25
$354.0M
$1.2B
Q3 25
$349.2M
$1.2B
Q2 25
$350.6M
$1.1B
Q1 25
$362.8M
$1.1B
Q4 24
$359.4M
$1.1B
Q3 24
$355.5M
$769.8M
Q2 24
$349.2M
$758.4M
Q1 24
$344.9M
$420.6M
Total Assets
HSTM
HSTM
LOAR
LOAR
Q4 25
$520.4M
$2.0B
Q3 25
$499.9M
$1.5B
Q2 25
$500.1M
$1.5B
Q1 25
$524.0M
$1.5B
Q4 24
$510.8M
$1.5B
Q3 24
$502.8M
$1.5B
Q2 24
$499.6M
$1.1B
Q1 24
$511.6M
$1.1B
Debt / Equity
HSTM
HSTM
LOAR
LOAR
Q4 25
0.61×
Q3 25
0.24×
Q2 25
0.25×
Q1 25
0.25×
Q4 24
0.25×
Q3 24
0.78×
Q2 24
0.33×
Q1 24
1.27×

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
LOAR
LOAR
Operating Cash FlowLast quarter
$13.2M
$30.4M
Free Cash FlowOCF − Capex
$13.0M
FCF MarginFCF / Revenue
16.3%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
2.43×
TTM Free Cash FlowTrailing 4 quarters
$59.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HSTM
HSTM
LOAR
LOAR
Q4 25
$13.2M
$30.4M
Q3 25
$18.0M
$29.7M
Q2 25
$5.0M
$23.8M
Q1 25
$27.1M
$28.4M
Q4 24
$11.2M
$20.7M
Q3 24
$19.1M
$16.3M
Q2 24
$6.5M
$7.1M
Q1 24
$20.9M
$10.8M
Free Cash Flow
HSTM
HSTM
LOAR
LOAR
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
LOAR
LOAR
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
LOAR
LOAR
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
LOAR
LOAR
Q4 25
2.43×
Q3 25
2.96×
1.08×
Q2 25
0.93×
1.42×
Q1 25
6.25×
1.85×
Q4 24
5.62×
Q3 24
3.34×
1.89×
Q2 24
1.55×
0.93×
Q1 24
4.01×
4.81×

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%

LOAR
LOAR

Other$76.8M58%
Commercial Aerospace$21.2M16%
Business Jet And General Aviation$17.6M13%
Defense$16.2M12%

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