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Side-by-side financial comparison of HEALTHSTREAM INC (HSTM) and SMARTFINANCIAL INC. (SMBK). Click either name above to swap in a different company.
HEALTHSTREAM INC is the larger business by last-quarter revenue ($79.7M vs $53.8M, roughly 1.5× SMARTFINANCIAL INC.). Over the past eight quarters, SMARTFINANCIAL INC.'s revenue compounded faster (15.4% 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.
SmartFinancial Inc. is a U.S.-based bank holding company that operates its wholly owned subsidiary SmartBank. It offers a full range of retail and commercial banking products including deposit accounts, personal and business loans, mortgage services, and wealth management solutions, primarily serving individual customers and small-to-medium enterprises across the Southeastern United States.
HSTM vs SMBK — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $79.7M | $53.8M |
| Net Profit | — | $13.7M |
| Gross Margin | — | — |
| Operating Margin | 3.0% | — |
| Net Margin | — | 25.4% |
| Revenue YoY | 7.4% | — |
| Net Profit YoY | — | 21.6% |
| EPS (diluted) | $0.09 | $0.81 |
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 | — | $53.8M | ||
| Q4 25 | $79.7M | $53.3M | ||
| Q3 25 | $76.5M | $51.1M | ||
| Q2 25 | $74.4M | $49.2M | ||
| Q1 25 | $73.5M | $46.8M | ||
| Q4 24 | $74.2M | $46.8M | ||
| Q3 24 | $73.1M | $44.2M | ||
| Q2 24 | $71.6M | $40.4M |
| Q1 26 | — | $13.7M | ||
| Q4 25 | — | $13.7M | ||
| Q3 25 | $6.1M | $13.7M | ||
| Q2 25 | $5.4M | $11.7M | ||
| Q1 25 | $4.3M | $11.3M | ||
| Q4 24 | — | $9.6M | ||
| Q3 24 | $5.7M | $9.1M | ||
| Q2 24 | $4.2M | $8.0M |
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 31.3% | ||
| Q3 25 | 9.9% | 33.2% | ||
| Q2 25 | 7.9% | 29.0% | ||
| Q1 25 | 6.0% | 29.0% | ||
| Q4 24 | 6.3% | 26.5% | ||
| Q3 24 | 8.9% | 24.3% | ||
| Q2 24 | 6.2% | 25.6% |
| Q1 26 | — | 25.4% | ||
| Q4 25 | — | 25.7% | ||
| Q3 25 | 8.0% | 26.8% | ||
| Q2 25 | 7.2% | 23.8% | ||
| Q1 25 | 5.9% | 24.0% | ||
| Q4 24 | — | 20.6% | ||
| Q3 24 | 7.8% | 20.7% | ||
| Q2 24 | 5.8% | 19.8% |
| Q1 26 | — | $0.81 | ||
| Q4 25 | $0.09 | $0.81 | ||
| Q3 25 | $0.20 | $0.81 | ||
| Q2 25 | $0.18 | $0.69 | ||
| Q1 25 | $0.14 | $0.67 | ||
| Q4 24 | $0.16 | $0.57 | ||
| Q3 24 | $0.19 | $0.54 | ||
| Q2 24 | $0.14 | $0.48 |
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 | $346.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $354.0M | $562.2M |
| Total Assets | $520.4M | $5.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $346.1M | ||
| Q4 25 | $36.2M | $464.4M | ||
| Q3 25 | $53.5M | $557.1M | ||
| Q2 25 | $52.1M | $365.1M | ||
| Q1 25 | $77.3M | $423.0M | ||
| Q4 24 | $59.5M | $387.6M | ||
| Q3 24 | $57.5M | $192.9M | ||
| Q2 24 | $46.1M | $342.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $1.3M | ||
| Q2 25 | — | $7.0M | ||
| Q1 25 | — | $7.6M | ||
| Q4 24 | — | $8.1M | ||
| Q3 24 | — | $9.0M | ||
| Q2 24 | — | $12.7M |
| Q1 26 | — | $562.2M | ||
| Q4 25 | $354.0M | $552.4M | ||
| Q3 25 | $349.2M | $538.4M | ||
| Q2 25 | $350.6M | $519.0M | ||
| Q1 25 | $362.8M | $505.8M | ||
| Q4 24 | $359.4M | $491.3M | ||
| Q3 24 | $355.5M | $489.0M | ||
| Q2 24 | $349.2M | $472.5M |
| Q1 26 | — | $5.9B | ||
| Q4 25 | $520.4M | $5.9B | ||
| Q3 25 | $499.9M | $5.8B | ||
| Q2 25 | $500.1M | $5.5B | ||
| Q1 25 | $524.0M | $5.4B | ||
| Q4 24 | $510.8M | $5.3B | ||
| Q3 24 | $502.8M | $4.9B | ||
| Q2 24 | $499.6M | $4.9B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.01× | ||
| Q1 25 | — | 0.02× | ||
| Q4 24 | — | 0.02× | ||
| Q3 24 | — | 0.02× | ||
| Q2 24 | — | 0.03× |
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 | $61.7M | ||
| Q3 25 | $18.0M | $16.9M | ||
| Q2 25 | $5.0M | $14.0M | ||
| Q1 25 | $27.1M | $14.3M | ||
| Q4 24 | $11.2M | $52.7M | ||
| Q3 24 | $19.1M | $12.4M | ||
| Q2 24 | $6.5M | $16.5M |
| Q1 26 | — | — | ||
| Q4 25 | $13.0M | $59.3M | ||
| Q3 25 | $17.9M | $16.6M | ||
| Q2 25 | $2.7M | $13.2M | ||
| Q1 25 | $26.0M | $13.4M | ||
| Q4 24 | $11.0M | $46.3M | ||
| Q3 24 | $18.8M | $11.3M | ||
| Q2 24 | $6.3M | $15.4M |
| Q1 26 | — | — | ||
| Q4 25 | 16.3% | 111.3% | ||
| Q3 25 | 23.4% | 32.4% | ||
| Q2 25 | 3.6% | 26.9% | ||
| Q1 25 | 35.4% | 28.5% | ||
| Q4 24 | 14.8% | 98.9% | ||
| Q3 24 | 25.8% | 25.7% | ||
| Q2 24 | 8.8% | 38.2% |
| Q1 26 | — | — | ||
| Q4 25 | 0.3% | 4.5% | ||
| Q3 25 | 0.1% | 0.6% | ||
| Q2 25 | 3.1% | 1.6% | ||
| Q1 25 | 1.4% | 2.0% | ||
| Q4 24 | 0.3% | 13.7% | ||
| Q3 24 | 0.4% | 2.4% | ||
| Q2 24 | 0.2% | 2.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.50× | ||
| Q3 25 | 2.96× | 1.23× | ||
| Q2 25 | 0.93× | 1.20× | ||
| Q1 25 | 6.25× | 1.27× | ||
| Q4 24 | — | 5.47× | ||
| Q3 24 | 3.34× | 1.36× | ||
| Q2 24 | 1.55× | 2.07× |
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% |
SMBK
| Net Interest Income | $45.9M | 85% |
| Noninterest Income | $7.9M | 15% |
