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Side-by-side financial comparison of HEALTHSTREAM INC (HSTM) and ZIPRECRUITER, INC. (ZIP). Click either name above to swap in a different company.
ZIPRECRUITER, INC. is the larger business by last-quarter revenue ($111.7M vs $79.7M, roughly 1.4× HEALTHSTREAM INC). On growth, HEALTHSTREAM INC posted the faster year-over-year revenue change (7.4% vs 0.6%). HEALTHSTREAM INC produced more free cash flow last quarter ($13.0M vs $7.6M). Over the past eight quarters, HEALTHSTREAM INC's revenue compounded faster (4.7% CAGR vs -4.4%).
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.
ZipRecruiter, Inc. is an American employment marketplace for job seekers and employers.
HSTM vs ZIP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $79.7M | $111.7M |
| Net Profit | — | $-835.0K |
| Gross Margin | — | 89.1% |
| Operating Margin | 3.0% | 3.6% |
| Net Margin | — | -0.7% |
| Revenue YoY | 7.4% | 0.6% |
| Net Profit YoY | — | 92.3% |
| EPS (diluted) | $0.09 | $-0.03 |
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 | $111.7M | ||
| Q3 25 | $76.5M | $115.0M | ||
| Q2 25 | $74.4M | $112.2M | ||
| Q1 25 | $73.5M | $110.1M | ||
| Q4 24 | $74.2M | $111.0M | ||
| Q3 24 | $73.1M | $117.1M | ||
| Q2 24 | $71.6M | $123.7M | ||
| Q1 24 | $72.8M | $122.2M |
| Q4 25 | — | $-835.0K | ||
| Q3 25 | $6.1M | $-9.8M | ||
| Q2 25 | $5.4M | $-9.5M | ||
| Q1 25 | $4.3M | $-12.8M | ||
| Q4 24 | — | $-10.8M | ||
| Q3 24 | $5.7M | $-2.6M | ||
| Q2 24 | $4.2M | $7.0M | ||
| Q1 24 | $5.2M | $-6.5M |
| Q4 25 | — | 89.1% | ||
| Q3 25 | — | 89.1% | ||
| Q2 25 | — | 89.3% | ||
| Q1 25 | — | 89.4% | ||
| Q4 24 | — | 89.6% | ||
| Q3 24 | — | 89.4% | ||
| Q2 24 | — | 89.5% | ||
| Q1 24 | — | 89.1% |
| Q4 25 | 3.0% | 3.6% | ||
| Q3 25 | 9.9% | -4.4% | ||
| Q2 25 | 7.9% | -5.9% | ||
| Q1 25 | 6.0% | -10.6% | ||
| Q4 24 | 6.3% | -3.6% | ||
| Q3 24 | 8.9% | -2.8% | ||
| Q2 24 | 6.2% | 7.6% | ||
| Q1 24 | 7.8% | -0.7% |
| Q4 25 | — | -0.7% | ||
| Q3 25 | 8.0% | -8.5% | ||
| Q2 25 | 7.2% | -8.5% | ||
| Q1 25 | 5.9% | -11.7% | ||
| Q4 24 | — | -9.7% | ||
| Q3 24 | 7.8% | -2.2% | ||
| Q2 24 | 5.8% | 5.7% | ||
| Q1 24 | 7.2% | -5.3% |
| Q4 25 | $0.09 | $-0.03 | ||
| Q3 25 | $0.20 | $-0.11 | ||
| Q2 25 | $0.18 | $-0.10 | ||
| Q1 25 | $0.14 | $-0.13 | ||
| Q4 24 | $0.16 | $-0.10 | ||
| Q3 24 | $0.19 | $-0.03 | ||
| Q2 24 | $0.14 | $0.07 | ||
| Q1 24 | $0.17 | $-0.07 |
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 | $188.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $354.0M | $-77.2M |
| Total Assets | $520.4M | $569.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.2M | $188.0M | ||
| Q3 25 | $53.5M | $211.8M | ||
| Q2 25 | $52.1M | $203.5M | ||
| Q1 25 | $77.3M | $221.1M | ||
| Q4 24 | $59.5M | $218.4M | ||
| Q3 24 | $57.5M | $225.6M | ||
| Q2 24 | $46.1M | $271.7M | ||
| Q1 24 | $52.4M | $282.5M |
| Q4 25 | $354.0M | $-77.2M | ||
| Q3 25 | $349.2M | $-76.1M | ||
| Q2 25 | $350.6M | $-65.9M | ||
| Q1 25 | $362.8M | $-11.3M | ||
| Q4 24 | $359.4M | $13.4M | ||
| Q3 24 | $355.5M | $13.6M | ||
| Q2 24 | $349.2M | $24.4M | ||
| Q1 24 | $344.9M | $12.7M |
| Q4 25 | $520.4M | $569.7M | ||
| Q3 25 | $499.9M | $573.6M | ||
| Q2 25 | $500.1M | $592.4M | ||
| Q1 25 | $524.0M | $629.4M | ||
| Q4 24 | $510.8M | $664.1M | ||
| Q3 24 | $502.8M | $652.0M | ||
| Q2 24 | $499.6M | $665.3M | ||
| Q1 24 | $511.6M | $662.4M |
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 | $7.7M |
| Free Cash FlowOCF − Capex | $13.0M | $7.6M |
| FCF MarginFCF / Revenue | 16.3% | 6.8% |
| Capex IntensityCapex / Revenue | 0.3% | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $59.6M | $9.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.2M | $7.7M | ||
| Q3 25 | $18.0M | $2.6M | ||
| Q2 25 | $5.0M | $10.5M | ||
| Q1 25 | $27.1M | $-9.9M | ||
| Q4 24 | $11.2M | $12.5M | ||
| Q3 24 | $19.1M | $9.3M | ||
| Q2 24 | $6.5M | $21.9M | ||
| Q1 24 | $20.9M | $2.0M |
| Q4 25 | $13.0M | $7.6M | ||
| Q3 25 | $17.9M | $2.2M | ||
| Q2 25 | $2.7M | $10.2M | ||
| Q1 25 | $26.0M | $-10.2M | ||
| Q4 24 | $11.0M | $12.0M | ||
| Q3 24 | $18.8M | $9.2M | ||
| Q2 24 | $6.3M | $21.7M | ||
| Q1 24 | $20.2M | $1.9M |
| Q4 25 | 16.3% | 6.8% | ||
| Q3 25 | 23.4% | 1.9% | ||
| Q2 25 | 3.6% | 9.1% | ||
| Q1 25 | 35.4% | -9.3% | ||
| Q4 24 | 14.8% | 10.8% | ||
| Q3 24 | 25.8% | 7.8% | ||
| Q2 24 | 8.8% | 17.6% | ||
| Q1 24 | 27.8% | 1.6% |
| Q4 25 | 0.3% | 0.1% | ||
| Q3 25 | 0.1% | 0.3% | ||
| Q2 25 | 3.1% | 0.3% | ||
| Q1 25 | 1.4% | 0.3% | ||
| Q4 24 | 0.3% | 0.4% | ||
| Q3 24 | 0.4% | 0.2% | ||
| Q2 24 | 0.2% | 0.1% | ||
| Q1 24 | 1.0% | 0.1% |
| Q4 25 | — | — | ||
| Q3 25 | 2.96× | — | ||
| Q2 25 | 0.93× | — | ||
| Q1 25 | 6.25× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.34× | — | ||
| Q2 24 | 1.55× | 3.12× | ||
| 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% |
ZIP
| License | $84.3M | 75% |
| Services | $27.4M | 25% |
