vs
Side-by-side financial comparison of HEALTHSTREAM INC (HSTM) and Piedmont Realty Trust, Inc. (PDM). Click either name above to swap in a different company.
Piedmont Realty Trust, Inc. is the larger business by last-quarter revenue ($143.3M vs $79.7M, roughly 1.8× HEALTHSTREAM INC). On growth, HEALTHSTREAM INC posted the faster year-over-year revenue change (7.4% vs 0.4%). Over the past eight quarters, HEALTHSTREAM INC's revenue compounded faster (4.7% CAGR vs 0.0%).
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.
Piedmont Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality office properties primarily located in high-growth metropolitan areas across the United States. It serves corporate tenants across multiple industry sectors including technology, professional services, and healthcare, and pursues stable long-term returns for stakeholders via strategic property management and portfolio optimization.
HSTM vs PDM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $79.7M | $143.3M |
| Net Profit | — | $-45.0M |
| Gross Margin | — | — |
| Operating Margin | 3.0% | — |
| Net Margin | — | -31.4% |
| Revenue YoY | 7.4% | 0.4% |
| Net Profit YoY | — | -27.9% |
| 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.
| Q1 26 | — | $143.3M | ||
| Q4 25 | $79.7M | $142.9M | ||
| Q3 25 | $76.5M | $139.2M | ||
| Q2 25 | $74.4M | $140.3M | ||
| Q1 25 | $73.5M | $142.7M | ||
| Q4 24 | $74.2M | $143.2M | ||
| Q3 24 | $73.1M | $139.3M | ||
| Q2 24 | $71.6M | $143.3M |
| Q1 26 | — | $-45.0M | ||
| Q4 25 | — | $-43.2M | ||
| Q3 25 | $6.1M | $-13.5M | ||
| Q2 25 | $5.4M | $-16.8M | ||
| Q1 25 | $4.3M | $-10.1M | ||
| Q4 24 | — | $-30.0M | ||
| Q3 24 | $5.7M | $-11.5M | ||
| Q2 24 | $4.2M | $-9.8M |
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | — | ||
| Q3 25 | 9.9% | — | ||
| Q2 25 | 7.9% | — | ||
| Q1 25 | 6.0% | — | ||
| Q4 24 | 6.3% | — | ||
| Q3 24 | 8.9% | — | ||
| Q2 24 | 6.2% | — |
| Q1 26 | — | -31.4% | ||
| Q4 25 | — | -30.3% | ||
| Q3 25 | 8.0% | -9.7% | ||
| Q2 25 | 7.2% | -12.0% | ||
| Q1 25 | 5.9% | -7.1% | ||
| Q4 24 | — | -20.9% | ||
| Q3 24 | 7.8% | -8.3% | ||
| Q2 24 | 5.8% | -6.8% |
| Q1 26 | — | $-0.10 | ||
| Q4 25 | $0.09 | $-0.34 | ||
| Q3 25 | $0.20 | $-0.11 | ||
| Q2 25 | $0.18 | $-0.14 | ||
| Q1 25 | $0.14 | $-0.08 | ||
| Q4 24 | $0.16 | $-0.25 | ||
| Q3 24 | $0.19 | $-0.09 | ||
| Q2 24 | $0.14 | $-0.08 |
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 | $2.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $354.0M | $1.5B |
| Total Assets | $520.4M | $4.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $2.3M | ||
| Q4 25 | $36.2M | $731.0K | ||
| Q3 25 | $53.5M | $3.0M | ||
| Q2 25 | $52.1M | $3.3M | ||
| Q1 25 | $77.3M | $2.9M | ||
| Q4 24 | $59.5M | $109.6M | ||
| Q3 24 | $57.5M | $133.6M | ||
| Q2 24 | $46.1M | $138.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.2B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | — | $2.2B |
| Q1 26 | — | $1.5B | ||
| Q4 25 | $354.0M | $1.5B | ||
| Q3 25 | $349.2M | $1.5B | ||
| Q2 25 | $350.6M | $1.5B | ||
| Q1 25 | $362.8M | $1.6B | ||
| Q4 24 | $359.4M | $1.6B | ||
| Q3 24 | $355.5M | $1.6B | ||
| Q2 24 | $349.2M | $1.7B |
| Q1 26 | — | $4.0B | ||
| Q4 25 | $520.4M | $4.0B | ||
| Q3 25 | $499.9M | $4.0B | ||
| Q2 25 | $500.1M | $4.0B | ||
| Q1 25 | $524.0M | $4.0B | ||
| Q4 24 | $510.8M | $4.1B | ||
| Q3 24 | $502.8M | $4.1B | ||
| Q2 24 | $499.6M | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.49× | ||
| Q3 25 | — | 1.43× | ||
| Q2 25 | — | 1.41× | ||
| Q1 25 | — | 1.40× | ||
| Q4 24 | — | 1.40× | ||
| Q3 24 | — | 1.36× | ||
| Q2 24 | — | 1.34× |
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% | 110.3% |
| 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 | $140.6M | ||
| Q3 25 | $18.0M | $35.8M | ||
| Q2 25 | $5.0M | $50.1M | ||
| Q1 25 | $27.1M | $3.7M | ||
| Q4 24 | $11.2M | $198.1M | ||
| Q3 24 | $19.1M | $42.9M | ||
| Q2 24 | $6.5M | $66.8M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | — | 110.3% | ||
| 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 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 2.96× | — | ||
| Q2 25 | 0.93× | — | ||
| Q1 25 | 6.25× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.34× | — | ||
| Q2 24 | 1.55× | — |
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% |
PDM
Segment breakdown not available.