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Side-by-side financial comparison of HEALTHSTREAM INC (HSTM) and Star Equity Holdings, Inc. (STRR). Click either name above to swap in a different company.
HEALTHSTREAM INC is the larger business by last-quarter revenue ($79.7M vs $56.8M, roughly 1.4× Star Equity Holdings, Inc.). On growth, Star Equity Holdings, Inc. posted the faster year-over-year revenue change (69.0% vs 7.4%). HEALTHSTREAM INC produced more free cash flow last quarter ($13.0M vs $-9.0M). Over the past eight quarters, Star Equity Holdings, Inc.'s revenue compounded faster (29.5% 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.
Artists Equity is an American production company founded by actors and filmmakers Ben Affleck and Matt Damon in November 2022.
HSTM vs STRR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $79.7M | $56.8M |
| Net Profit | — | $-1.7M |
| Gross Margin | — | — |
| Operating Margin | 3.0% | -0.2% |
| Net Margin | — | -3.0% |
| Revenue YoY | 7.4% | 69.0% |
| Net Profit YoY | — | -192.1% |
| EPS (diluted) | $0.09 | $-0.49 |
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.
| Q4 25 | $79.7M | $56.8M | ||
| Q3 25 | $76.5M | $48.0M | ||
| Q2 25 | $74.4M | $35.5M | ||
| Q1 25 | $73.5M | $31.9M | ||
| Q4 24 | $74.2M | $33.6M | ||
| Q3 24 | $73.1M | $36.9M | ||
| Q2 24 | $71.6M | $35.7M | ||
| Q1 24 | $72.8M | $33.9M |
| Q4 25 | — | $-1.7M | ||
| Q3 25 | $6.1M | $-1.8M | ||
| Q2 25 | $5.4M | $-688.0K | ||
| Q1 25 | $4.3M | $-1.8M | ||
| Q4 24 | — | $-585.0K | ||
| Q3 24 | $5.7M | $-846.0K | ||
| Q2 24 | $4.2M | $-441.0K | ||
| Q1 24 | $5.2M | $-2.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | 43.0% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 50.5% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 3.0% | -0.2% | ||
| Q3 25 | 9.9% | -3.4% | ||
| Q2 25 | 7.9% | -0.6% | ||
| Q1 25 | 6.0% | -5.4% | ||
| Q4 24 | 6.3% | -0.4% | ||
| Q3 24 | 8.9% | -1.2% | ||
| Q2 24 | 6.2% | -0.5% | ||
| Q1 24 | 7.8% | -9.0% |
| Q4 25 | — | -3.0% | ||
| Q3 25 | 8.0% | -3.7% | ||
| Q2 25 | 7.2% | -1.9% | ||
| Q1 25 | 5.9% | -5.5% | ||
| Q4 24 | — | -1.7% | ||
| Q3 24 | 7.8% | -2.3% | ||
| Q2 24 | 5.8% | -1.2% | ||
| Q1 24 | 7.2% | -8.6% |
| Q4 25 | $0.09 | $-0.49 | ||
| Q3 25 | $0.20 | $-0.54 | ||
| Q2 25 | $0.18 | $-0.23 | ||
| Q1 25 | $0.14 | $-0.59 | ||
| Q4 24 | $0.16 | $-0.21 | ||
| Q3 24 | $0.19 | $-0.28 | ||
| Q2 24 | $0.14 | $-0.15 | ||
| Q1 24 | $0.17 | $-0.95 |
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 | $10.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $354.0M | $65.7M |
| Total Assets | $520.4M | $113.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.2M | $10.3M | ||
| Q3 25 | $53.5M | $15.4M | ||
| Q2 25 | $52.1M | $16.8M | ||
| Q1 25 | $77.3M | $16.6M | ||
| Q4 24 | $59.5M | $17.0M | ||
| Q3 24 | $57.5M | $15.8M | ||
| Q2 24 | $46.1M | $14.7M | ||
| Q1 24 | $52.4M | $20.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | $6.5M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $354.0M | $65.7M | ||
| Q3 25 | $349.2M | $67.8M | ||
| Q2 25 | $350.6M | $40.1M | ||
| Q1 25 | $362.8M | $39.5M | ||
| Q4 24 | $359.4M | $40.4M | ||
| Q3 24 | $355.5M | $42.9M | ||
| Q2 24 | $349.2M | $42.6M | ||
| Q1 24 | $344.9M | $44.3M |
| Q4 25 | $520.4M | $113.2M | ||
| Q3 25 | $499.9M | $117.1M | ||
| Q2 25 | $500.1M | $55.6M | ||
| Q1 25 | $524.0M | $53.2M | ||
| Q4 24 | $510.8M | $52.6M | ||
| Q3 24 | $502.8M | $52.6M | ||
| Q2 24 | $499.6M | $52.6M | ||
| Q1 24 | $511.6M | $52.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.10× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-7.3M |
| Free Cash FlowOCF − Capex | $13.0M | $-9.0M |
| FCF MarginFCF / Revenue | 16.3% | -15.8% |
| Capex IntensityCapex / Revenue | 0.3% | 3.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $59.6M | $-13.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.2M | $-7.3M | ||
| Q3 25 | $18.0M | $-2.7M | ||
| Q2 25 | $5.0M | $139.0K | ||
| Q1 25 | $27.1M | $-802.0K | ||
| Q4 24 | $11.2M | $-2.8M | ||
| Q3 24 | $19.1M | $1.3M | ||
| Q2 24 | $6.5M | $-4.3M | ||
| Q1 24 | $20.9M | $-1.8M |
| Q4 25 | $13.0M | $-9.0M | ||
| Q3 25 | $17.9M | $-3.4M | ||
| Q2 25 | $2.7M | $102.0K | ||
| Q1 25 | $26.0M | $-808.0K | ||
| Q4 24 | $11.0M | $-2.8M | ||
| Q3 24 | $18.8M | $1.3M | ||
| Q2 24 | $6.3M | $-4.3M | ||
| Q1 24 | $20.2M | $-1.8M |
| Q4 25 | 16.3% | -15.8% | ||
| Q3 25 | 23.4% | -7.0% | ||
| Q2 25 | 3.6% | 0.3% | ||
| Q1 25 | 35.4% | -2.5% | ||
| Q4 24 | 14.8% | -8.3% | ||
| Q3 24 | 25.8% | 3.4% | ||
| Q2 24 | 8.8% | -12.0% | ||
| Q1 24 | 27.8% | -5.3% |
| Q4 25 | 0.3% | 3.0% | ||
| Q3 25 | 0.1% | 1.3% | ||
| Q2 25 | 3.1% | 0.1% | ||
| Q1 25 | 1.4% | 0.0% | ||
| Q4 24 | 0.3% | 0.1% | ||
| Q3 24 | 0.4% | 0.0% | ||
| Q2 24 | 0.2% | 0.0% | ||
| Q1 24 | 1.0% | 0.0% |
| 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
| Subscription Services | $77.0M | 97% |
| Professional Services | $2.7M | 3% |
STRR
| Revenue From Other Contracts With Customers | $27.6M | 49% |
| Other | $24.3M | 43% |
| Energy Services Segment | $4.9M | 9% |
