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

RESOURCES CONNECTION, INC. is the larger business by last-quarter revenue ($117.7M vs $79.7M, roughly 1.5× HEALTHSTREAM INC). On growth, HEALTHSTREAM INC posted the faster year-over-year revenue change (7.4% vs -19.2%). RESOURCES CONNECTION, INC. produced more free cash flow last quarter ($15.6M vs $13.0M). Over the past eight quarters, HEALTHSTREAM INC's revenue compounded faster (4.7% CAGR vs -11.8%).

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.

RGP, formerly known as Resources Global Professionals, is the operating arm of Resources Connection, Inc.. The company provides consulting services in the areas of finance & accounting, information management, governance, risk & compliance (GRC), human capital, legal & regulatory, corporate advisory & restructuring, strategic communications, and supply chain management. As of fiscal year ending May 28, 2016, the company employed 3,283 professionals in 68 offices in 20 countries around the wor...

HSTM vs RGP — Head-to-Head

Bigger by revenue
RGP
RGP
1.5× larger
RGP
$117.7M
$79.7M
HSTM
Growing faster (revenue YoY)
HSTM
HSTM
+26.5% gap
HSTM
7.4%
-19.2%
RGP
More free cash flow
RGP
RGP
$2.6M more FCF
RGP
$15.6M
$13.0M
HSTM
Faster 2-yr revenue CAGR
HSTM
HSTM
Annualised
HSTM
4.7%
-11.8%
RGP

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
HSTM
HSTM
RGP
RGP
Revenue
$79.7M
$117.7M
Net Profit
$-12.7M
Gross Margin
37.1%
Operating Margin
3.0%
-10.3%
Net Margin
-10.8%
Revenue YoY
7.4%
-19.2%
Net Profit YoY
81.6%
EPS (diluted)
$0.09
$-0.38

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
RGP
RGP
Q4 25
$79.7M
$117.7M
Q3 25
$76.5M
$120.2M
Q2 25
$74.4M
$139.3M
Q1 25
$73.5M
$129.4M
Q4 24
$74.2M
$145.6M
Q3 24
$73.1M
$136.9M
Q2 24
$71.6M
$148.2M
Q1 24
$72.8M
$151.3M
Net Profit
HSTM
HSTM
RGP
RGP
Q4 25
$-12.7M
Q3 25
$6.1M
$-2.4M
Q2 25
$5.4M
$-73.3M
Q1 25
$4.3M
$-44.1M
Q4 24
$-68.7M
Q3 24
$5.7M
$-5.7M
Q2 24
$4.2M
$10.5M
Q1 24
$5.2M
$2.5M
Gross Margin
HSTM
HSTM
RGP
RGP
Q4 25
37.1%
Q3 25
39.5%
Q2 25
40.2%
Q1 25
35.1%
Q4 24
38.5%
Q3 24
36.5%
Q2 24
40.2%
Q1 24
37.0%
Operating Margin
HSTM
HSTM
RGP
RGP
Q4 25
3.0%
-10.3%
Q3 25
9.9%
-1.7%
Q2 25
7.9%
-47.0%
Q1 25
6.0%
-38.4%
Q4 24
6.3%
-52.7%
Q3 24
8.9%
-3.5%
Q2 24
6.2%
7.6%
Q1 24
7.8%
2.8%
Net Margin
HSTM
HSTM
RGP
RGP
Q4 25
-10.8%
Q3 25
8.0%
-2.0%
Q2 25
7.2%
-52.6%
Q1 25
5.9%
-34.0%
Q4 24
-47.2%
Q3 24
7.8%
-4.2%
Q2 24
5.8%
7.1%
Q1 24
7.2%
1.7%
EPS (diluted)
HSTM
HSTM
RGP
RGP
Q4 25
$0.09
$-0.38
Q3 25
$0.20
$-0.07
Q2 25
$0.18
$-2.21
Q1 25
$0.14
$-1.34
Q4 24
$0.16
$-2.08
Q3 24
$0.19
$-0.17
Q2 24
$0.14
$0.31
Q1 24
$0.17
$0.08

Balance Sheet & Financial Strength

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

Metric
HSTM
HSTM
RGP
RGP
Cash + ST InvestmentsLiquidity on hand
$36.2M
$89.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$354.0M
$194.6M
Total Assets
$520.4M
$289.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HSTM
HSTM
RGP
RGP
Q4 25
$36.2M
$89.8M
Q3 25
$53.5M
$77.5M
Q2 25
$52.1M
$86.1M
Q1 25
$77.3M
$72.5M
Q4 24
$59.5M
$78.2M
Q3 24
$57.5M
$89.6M
Q2 24
$46.1M
$108.9M
Q1 24
$52.4M
$113.8M
Stockholders' Equity
HSTM
HSTM
RGP
RGP
Q4 25
$354.0M
$194.6M
Q3 25
$349.2M
$206.4M
Q2 25
$350.6M
$207.1M
Q1 25
$362.8M
$277.8M
Q4 24
$359.4M
$325.7M
Q3 24
$355.5M
$407.2M
Q2 24
$349.2M
$418.8M
Q1 24
$344.9M
$414.9M
Total Assets
HSTM
HSTM
RGP
RGP
Q4 25
$520.4M
$289.3M
Q3 25
$499.9M
$287.2M
Q2 25
$500.1M
$304.7M
Q1 25
$524.0M
$375.6M
Q4 24
$510.8M
$424.9M
Q3 24
$502.8M
$512.9M
Q2 24
$499.6M
$510.9M
Q1 24
$511.6M
$523.2M

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
RGP
RGP
Operating Cash FlowLast quarter
$13.2M
$15.9M
Free Cash FlowOCF − Capex
$13.0M
$15.6M
FCF MarginFCF / Revenue
16.3%
13.2%
Capex IntensityCapex / Revenue
0.3%
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$59.6M
$24.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HSTM
HSTM
RGP
RGP
Q4 25
$13.2M
$15.9M
Q3 25
$18.0M
$-7.8M
Q2 25
$5.0M
$16.8M
Q1 25
$27.1M
$659.0K
Q4 24
$11.2M
$1.8M
Q3 24
$19.1M
$-309.0K
Q2 24
$6.5M
$3.2M
Q1 24
$20.9M
$20.5M
Free Cash Flow
HSTM
HSTM
RGP
RGP
Q4 25
$13.0M
$15.6M
Q3 25
$17.9M
$-8.0M
Q2 25
$2.7M
$16.5M
Q1 25
$26.0M
$238.0K
Q4 24
$11.0M
$61.0K
Q3 24
$18.8M
$-575.0K
Q2 24
$6.3M
$3.0M
Q1 24
$20.2M
$20.4M
FCF Margin
HSTM
HSTM
RGP
RGP
Q4 25
16.3%
13.2%
Q3 25
23.4%
-6.6%
Q2 25
3.6%
11.8%
Q1 25
35.4%
0.2%
Q4 24
14.8%
0.0%
Q3 24
25.8%
-0.4%
Q2 24
8.8%
2.1%
Q1 24
27.8%
13.5%
Capex Intensity
HSTM
HSTM
RGP
RGP
Q4 25
0.3%
0.3%
Q3 25
0.1%
0.1%
Q2 25
3.1%
0.2%
Q1 25
1.4%
0.3%
Q4 24
0.3%
1.2%
Q3 24
0.4%
0.2%
Q2 24
0.2%
0.1%
Q1 24
1.0%
0.1%
Cash Conversion
HSTM
HSTM
RGP
RGP
Q4 25
Q3 25
2.96×
Q2 25
0.93×
Q1 25
6.25×
Q4 24
Q3 24
3.34×
Q2 24
1.55×
0.30×
Q1 24
4.01×
8.04×

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%

RGP
RGP

US$93.7M80%
Non Us$24.0M20%

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