HealthStream (Nasdaq:HSTM) Announces Record Revenue in Third Quarter 2025

November 3, 2025 — HealthStream, Inc. (Nasdaq: HSTM) announced its third-quarter results, with revenues reaching $76.5 million, a 4.6% increase from the previous year. The company’s operating income rose by 16.5% to $7.6 million, while net income increased by 6.3% to $6.1 million. Earnings per share (EPS) also saw an uptick, reaching $0.20 per share (diluted). Adjusted EBITDA reached $19.1 million, up 7.9%.

The Board of Directors has declared a quarterly cash dividend of $0.031 per share, payable on November 28, 2025, to holders of record on November 17, 2025.

HealthStream also completed the acquisition of Virsys12, a healthcare technology company specializing in provider network application and data management, on October 8, 2025.

The company is updating its guidance for 2025 with expected revenue between $299.5 million and $301.5 million, net income between $20.3 million and $21.5 million, and adjusted EBITDA between $69.5 million and $71.5 million.

Robert A. Frist, Jr., Chief Executive Officer, HealthStream, said the company delivered record quarterly revenues of $76.5 million and record quarterly adjusted EBITDA of $19.1 million and said the hStream platform is starting to create new business and social network opportunities.

A conference call is scheduled for Tuesday, November 4, 2025, at 9:00 a.m. (ET). Access via webcast: https://edge.media-server.com/mmc/p/d4fjwuse. Telephone participation requires advance registration: https://register-conf.media-server.com/register/BI3ab58fbd4817439992404078877d07d6.

Mollie Condra, Head, Investor Relations and Communications

Source: HealthStream

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