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Side-by-side financial comparison of HEALTHSTREAM INC (HSTM) and Viridian Therapeutics, Inc.\DE (VRDN). Click either name above to swap in a different company.

HEALTHSTREAM INC is the larger business by last-quarter revenue ($79.7M vs $70.6M, roughly 1.1× Viridian Therapeutics, Inc.\DE). On growth, Viridian Therapeutics, Inc.\DE posted the faster year-over-year revenue change (81958.1% vs 7.4%). HEALTHSTREAM INC produced more free cash flow last quarter ($13.0M vs $-84.7M).

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.

Viridian Therapeutics is a clinical-stage biotechnology firm developing novel disease-modifying therapies for rare, serious autoimmune and inflammatory diseases. Its lead pipeline candidate targets thyroid eye disease, a debilitating orbital disorder, with primary market focus on North America and Europe.

HSTM vs VRDN — Head-to-Head

Bigger by revenue
HSTM
HSTM
1.1× larger
HSTM
$79.7M
$70.6M
VRDN
Growing faster (revenue YoY)
VRDN
VRDN
+81950.8% gap
VRDN
81958.1%
7.4%
HSTM
More free cash flow
HSTM
HSTM
$97.7M more FCF
HSTM
$13.0M
$-84.7M
VRDN

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
HSTM
HSTM
VRDN
VRDN
Revenue
$79.7M
$70.6M
Net Profit
$-34.6M
Gross Margin
Operating Margin
3.0%
-56.7%
Net Margin
-49.0%
Revenue YoY
7.4%
81958.1%
Net Profit YoY
54.9%
EPS (diluted)
$0.09

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
VRDN
VRDN
Q4 25
$79.7M
Q3 25
$76.5M
$70.6M
Q2 25
$74.4M
Q1 25
$73.5M
Q4 24
$74.2M
Q3 24
$73.1M
Q2 24
$71.6M
Q1 24
$72.8M
Net Profit
HSTM
HSTM
VRDN
VRDN
Q4 25
Q3 25
$6.1M
$-34.6M
Q2 25
$5.4M
Q1 25
$4.3M
Q4 24
Q3 24
$5.7M
Q2 24
$4.2M
Q1 24
$5.2M
Operating Margin
HSTM
HSTM
VRDN
VRDN
Q4 25
3.0%
Q3 25
9.9%
-56.7%
Q2 25
7.9%
Q1 25
6.0%
Q4 24
6.3%
Q3 24
8.9%
Q2 24
6.2%
Q1 24
7.8%
Net Margin
HSTM
HSTM
VRDN
VRDN
Q4 25
Q3 25
8.0%
-49.0%
Q2 25
7.2%
Q1 25
5.9%
Q4 24
Q3 24
7.8%
Q2 24
5.8%
Q1 24
7.2%
EPS (diluted)
HSTM
HSTM
VRDN
VRDN
Q4 25
$0.09
Q3 25
$0.20
Q2 25
$0.18
Q1 25
$0.14
Q4 24
$0.16
Q3 24
$0.19
Q2 24
$0.14
Q1 24
$0.17

Balance Sheet & Financial Strength

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

Metric
HSTM
HSTM
VRDN
VRDN
Cash + ST InvestmentsLiquidity on hand
$36.2M
$490.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$354.0M
$503.0M
Total Assets
$520.4M
$577.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HSTM
HSTM
VRDN
VRDN
Q4 25
$36.2M
Q3 25
$53.5M
$490.9M
Q2 25
$52.1M
Q1 25
$77.3M
Q4 24
$59.5M
Q3 24
$57.5M
Q2 24
$46.1M
Q1 24
$52.4M
Stockholders' Equity
HSTM
HSTM
VRDN
VRDN
Q4 25
$354.0M
Q3 25
$349.2M
$503.0M
Q2 25
$350.6M
Q1 25
$362.8M
Q4 24
$359.4M
Q3 24
$355.5M
Q2 24
$349.2M
Q1 24
$344.9M
Total Assets
HSTM
HSTM
VRDN
VRDN
Q4 25
$520.4M
Q3 25
$499.9M
$577.1M
Q2 25
$500.1M
Q1 25
$524.0M
Q4 24
$510.8M
Q3 24
$502.8M
Q2 24
$499.6M
Q1 24
$511.6M

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
VRDN
VRDN
Operating Cash FlowLast quarter
$13.2M
$-84.6M
Free Cash FlowOCF − Capex
$13.0M
$-84.7M
FCF MarginFCF / Revenue
16.3%
-120.1%
Capex IntensityCapex / Revenue
0.3%
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$59.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HSTM
HSTM
VRDN
VRDN
Q4 25
$13.2M
Q3 25
$18.0M
$-84.6M
Q2 25
$5.0M
Q1 25
$27.1M
Q4 24
$11.2M
Q3 24
$19.1M
Q2 24
$6.5M
Q1 24
$20.9M
Free Cash Flow
HSTM
HSTM
VRDN
VRDN
Q4 25
$13.0M
Q3 25
$17.9M
$-84.7M
Q2 25
$2.7M
Q1 25
$26.0M
Q4 24
$11.0M
Q3 24
$18.8M
Q2 24
$6.3M
Q1 24
$20.2M
FCF Margin
HSTM
HSTM
VRDN
VRDN
Q4 25
16.3%
Q3 25
23.4%
-120.1%
Q2 25
3.6%
Q1 25
35.4%
Q4 24
14.8%
Q3 24
25.8%
Q2 24
8.8%
Q1 24
27.8%
Capex Intensity
HSTM
HSTM
VRDN
VRDN
Q4 25
0.3%
Q3 25
0.1%
0.2%
Q2 25
3.1%
Q1 25
1.4%
Q4 24
0.3%
Q3 24
0.4%
Q2 24
0.2%
Q1 24
1.0%
Cash Conversion
HSTM
HSTM
VRDN
VRDN
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%

VRDN
VRDN

Segment breakdown not available.

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