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

HEALTHSTREAM INC is the larger business by last-quarter revenue ($79.7M vs $62.2M, roughly 1.3× Ouster, Inc.). On growth, Ouster, Inc. posted the faster year-over-year revenue change (106.6% vs 7.4%). HEALTHSTREAM INC produced more free cash flow last quarter ($13.0M vs $-37.2M). Over the past eight quarters, Ouster, Inc.'s revenue compounded faster (54.8% 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.

Ouster, Inc. is an American lidar technology company headquartered in San Francisco, California. It builds high-resolution, digital 3D lidar sensors for use in autonomous vehicles, industrial, robotics, drones, mapping, defense, and security systems.

HSTM vs OUST — Head-to-Head

Bigger by revenue
HSTM
HSTM
1.3× larger
HSTM
$79.7M
$62.2M
OUST
Growing faster (revenue YoY)
OUST
OUST
+99.3% gap
OUST
106.6%
7.4%
HSTM
More free cash flow
HSTM
HSTM
$50.2M more FCF
HSTM
$13.0M
$-37.2M
OUST
Faster 2-yr revenue CAGR
OUST
OUST
Annualised
OUST
54.8%
4.7%
HSTM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HSTM
HSTM
OUST
OUST
Revenue
$79.7M
$62.2M
Net Profit
Gross Margin
60.2%
Operating Margin
3.0%
1.5%
Net Margin
Revenue YoY
7.4%
106.6%
Net Profit YoY
EPS (diluted)
$0.09
$0.10

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
OUST
OUST
Q4 25
$79.7M
$62.2M
Q3 25
$76.5M
$39.5M
Q2 25
$74.4M
$35.0M
Q1 25
$73.5M
$32.6M
Q4 24
$74.2M
$30.1M
Q3 24
$73.1M
$28.1M
Q2 24
$71.6M
$27.0M
Q1 24
$72.8M
$25.9M
Net Profit
HSTM
HSTM
OUST
OUST
Q4 25
Q3 25
$6.1M
$-21.7M
Q2 25
$5.4M
$-20.6M
Q1 25
$4.3M
$-22.0M
Q4 24
Q3 24
$5.7M
$-25.6M
Q2 24
$4.2M
$-23.9M
Q1 24
$5.2M
$-23.8M
Gross Margin
HSTM
HSTM
OUST
OUST
Q4 25
60.2%
Q3 25
42.1%
Q2 25
45.2%
Q1 25
41.3%
Q4 24
43.8%
Q3 24
38.3%
Q2 24
33.7%
Q1 24
28.6%
Operating Margin
HSTM
HSTM
OUST
OUST
Q4 25
3.0%
1.5%
Q3 25
9.9%
-61.4%
Q2 25
7.9%
-76.5%
Q1 25
6.0%
-73.0%
Q4 24
6.3%
-85.1%
Q3 24
8.9%
-98.0%
Q2 24
6.2%
-93.6%
Q1 24
7.8%
-99.5%
Net Margin
HSTM
HSTM
OUST
OUST
Q4 25
Q3 25
8.0%
-55.0%
Q2 25
7.2%
-58.8%
Q1 25
5.9%
-67.5%
Q4 24
Q3 24
7.8%
-91.1%
Q2 24
5.8%
-88.4%
Q1 24
7.2%
-91.9%
EPS (diluted)
HSTM
HSTM
OUST
OUST
Q4 25
$0.09
$0.10
Q3 25
$0.20
$-0.37
Q2 25
$0.18
$-0.38
Q1 25
$0.14
$-0.42
Q4 24
$0.16
$-0.46
Q3 24
$0.19
$-0.54
Q2 24
$0.14
$-0.53
Q1 24
$0.17
$-0.55

Balance Sheet & Financial Strength

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

Metric
HSTM
HSTM
OUST
OUST
Cash + ST InvestmentsLiquidity on hand
$36.2M
$208.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$354.0M
$261.7M
Total Assets
$520.4M
$349.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HSTM
HSTM
OUST
OUST
Q4 25
$36.2M
$208.6M
Q3 25
$53.5M
$244.5M
Q2 25
$52.1M
$226.5M
Q1 25
$77.3M
$168.2M
Q4 24
$59.5M
$172.0M
Q3 24
$57.5M
$151.4M
Q2 24
$46.1M
$184.2M
Q1 24
$52.4M
$187.8M
Stockholders' Equity
HSTM
HSTM
OUST
OUST
Q4 25
$354.0M
$261.7M
Q3 25
$349.2M
$247.4M
Q2 25
$350.6M
$221.0M
Q1 25
$362.8M
$167.9M
Q4 24
$359.4M
$180.9M
Q3 24
$355.5M
$171.7M
Q2 24
$349.2M
$170.6M
Q1 24
$344.9M
$167.2M
Total Assets
HSTM
HSTM
OUST
OUST
Q4 25
$520.4M
$349.5M
Q3 25
$499.9M
$353.8M
Q2 25
$500.1M
$321.8M
Q1 25
$524.0M
$268.6M
Q4 24
$510.8M
$276.1M
Q3 24
$502.8M
$255.2M
Q2 24
$499.6M
$309.9M
Q1 24
$511.6M
$317.7M

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
OUST
OUST
Operating Cash FlowLast quarter
$13.2M
$-15.4M
Free Cash FlowOCF − Capex
$13.0M
$-37.2M
FCF MarginFCF / Revenue
16.3%
-59.8%
Capex IntensityCapex / Revenue
0.3%
35.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$59.6M
$-64.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HSTM
HSTM
OUST
OUST
Q4 25
$13.2M
$-15.4M
Q3 25
$18.0M
$-18.3M
Q2 25
$5.0M
$-1.3M
Q1 25
$27.1M
$-4.9M
Q4 24
$11.2M
$-2.6M
Q3 24
$19.1M
$-3.8M
Q2 24
$6.5M
$-21.6M
Q1 24
$20.9M
$-5.7M
Free Cash Flow
HSTM
HSTM
OUST
OUST
Q4 25
$13.0M
$-37.2M
Q3 25
$17.9M
$-20.0M
Q2 25
$2.7M
$-2.2M
Q1 25
$26.0M
$-5.4M
Q4 24
$11.0M
$-4.0M
Q3 24
$18.8M
$-4.3M
Q2 24
$6.3M
$-22.0M
Q1 24
$20.2M
$-7.1M
FCF Margin
HSTM
HSTM
OUST
OUST
Q4 25
16.3%
-59.8%
Q3 25
23.4%
-50.7%
Q2 25
3.6%
-6.3%
Q1 25
35.4%
-16.6%
Q4 24
14.8%
-13.3%
Q3 24
25.8%
-15.4%
Q2 24
8.8%
-81.5%
Q1 24
27.8%
-27.4%
Capex Intensity
HSTM
HSTM
OUST
OUST
Q4 25
0.3%
35.0%
Q3 25
0.1%
4.3%
Q2 25
3.1%
2.5%
Q1 25
1.4%
1.7%
Q4 24
0.3%
4.8%
Q3 24
0.4%
2.0%
Q2 24
0.2%
1.3%
Q1 24
1.0%
5.3%
Cash Conversion
HSTM
HSTM
OUST
OUST
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%

OUST
OUST

Segment breakdown not available.

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