--- title: "HealthStream | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 83.73 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/294735954.md" datetime: "2026-08-03T20:38:25.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294735954.md) - [en](https://longbridge.com/en/news/294735954.md) - [zh-HK](https://longbridge.com/zh-HK/news/294735954.md) --- # HealthStream | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 83.73 M Revenue: As of FY2026 Q2, the actual value is USD 83.73 M, beating the estimate of USD 80.83 M. EPS: As of FY2026 Q2, the actual value is USD 0.23. EBIT: As of FY2026 Q2, the actual value is USD 7.871 M. ### Second Quarter 2026 Financial Highlights #### Revenue HealthStream, Inc. reported revenues of $83.7 million for the second quarter of 2026, an increase of 12.5% from $74.4 million in the second quarter of 2025, setting a new company record for quarterly revenue. Subscription revenues grew by $8.0 million, or 11.2%, and professional services revenues increased by $1.3 million compared to the second quarter of 2025. This growth was positively impacted by $3.1 million from acquisitions completed in the fourth quarter of 2025 and $6.2 million from growth in the existing solution portfolio, which included $2.0 million from the resolution of previously constrained estimates of variable consideration under a customer contract. #### Operating Income Operating income for the second quarter of 2026 was $8.3 million, a 41.4% increase from $5.9 million in the same period of 2025. #### Net Income Net income reached $6.7 million in the second quarter of 2026, up 23.8% from $5.4 million in the second quarter of 2025. #### Adjusted EBITDA Adjusted EBITDA was $20.6 million for the second quarter of 2026, an increase of 16.9% from $17.6 million in the second quarter of 2025. #### Operating Costs and Expenses (Three Months Ended June 30) - **Cost of revenues (excluding depreciation and amortization):** $29,015 thousand in 2026 compared to $26,364 thousand in 2025. - **Product development:** $13,581 thousand in 2026 compared to $12,073 thousand in 2025. - **Sales and marketing:** $13,503 thousand in 2026 compared to $11,808 thousand in 2025. - **General and administrative:** $8,037 thousand in 2026 compared to $7,398 thousand in 2025. - **Depreciation and amortization:** $11,275 thousand in 2026 compared to $10,867 thousand in 2025. - **Total operating costs and expenses:** $75,411 thousand in 2026 compared to $68,510 thousand in 2025. #### Cash and Capital Position As of June 30, 2026, HealthStream, Inc. had cash, cash equivalents, and marketable securities totaling $66.7 million, with no outstanding indebtedness from borrowed money. Capital expenditures during the second quarter of 2026 were $8.5 million. #### Dividends and Share Repurchases HealthStream, Inc.’s Board of Directors declared a quarterly cash dividend of $0.035 per share, payable on August 28, 2026. During the second quarter of 2026, the company repurchased 90,131 shares of common stock for an aggregate fair value of $1.8 million under its new share repurchase program. ### Year-to-Date 2026 Financial Highlights #### Revenue (Six Months Ended June 30) Revenues for the first six months of 2026 were $164.9 million, an 11.5% increase over $147.9 million for the first six months of 2025. #### Operating Income (Six Months Ended June 30) Operating income for the first six months of 2026 increased by 54.2% to $15.8 million, compared to $10.3 million for the first six months of 2025. #### Net Income (Six Months Ended June 30) Net income for the first six months of 2026 increased to $12.6 million, compared to $9.7 million for the first six months of 2025. #### Adjusted EBITDA (Six Months Ended June 30) Adjusted EBITDA increased by 20.4% to $40.7 million for the first six months of 2026, compared to $33.8 million for the first six months of 2025. #### Operating Costs and Expenses (Six Months Ended June 30) - **Cost of revenues (excluding depreciation and amortization):** $56,774 thousand in 2026 compared to $51,851 thousand in 2025. - **Product development:** $27,187 thousand in 2026 compared to $24,121 thousand in 2025. - **Sales and marketing:** $26,463 thousand in 2026 compared to $23,958 thousand in 2025. - **General and administrative:** $16,039 thousand in 2026 compared to $16,066 thousand in 2025. - **Depreciation and amortization:** $22,640 thousand in 2026 compared to $21,621 thousand in 2025. - **Total operating costs and expenses:** $149,103 thousand in 2026 compared to $137,617 thousand in 2025. #### Cash Flow (Six Months Ended June 30) - **Net cash provided by operating activities:** $40,567 thousand in 2026 compared to $32,097 thousand in 2025. - **Net cash used in investing activities:** - $18,206 thousand in 2026 compared to - $18,399 thousand in 2025. - **Net cash used in financing activities:** - $12,344 thousand in 2026 compared to - $21,086 thousand in 2025. - **Cash and cash equivalents at end of period:** $46,169 thousand in 2026 compared to $52,102 thousand in 2025. #### Share Repurchases (Year-to-Date) In the first six months of 2026, HealthStream, Inc. repurchased 432,476 shares of common stock for an aggregate fair value of $9.3 million, at an average purchase price of $21.50 per share. ### Financial Outlook for 2026 HealthStream, Inc. updated its full-year 2026 guidance, expecting revenues between $327.0 million and $332.0 million, and Adjusted EBITDA between $74.0 million and $78.0 million. Net income is projected to be between $19.5 million and $22.2 million, with capital expenditures estimated between $31.0 million and $34.0 million. ### Related Stocks - [HSTM.US](https://longbridge.com/en/quote/HSTM.US.md) ## Related News & Research - [HealthStream Announces Second Quarter 2026 Results | HSTM Stock News](https://longbridge.com/en/news/294736861.md) - [HSTM: Record Q2 revenue and profit growth, with raised 2026 guidance and active share repurchases](https://longbridge.com/en/news/294736758.md) - [HealthStream Q2 FY26 net income rises 23.8% to $6.7 million; revenue increases 12.5% to $83.7 million](https://longbridge.com/en/news/294736294.md) - [Healthstream - Reports Cybersecurity Incident With Unauthorized Access To Corporate File Server - SEC Filing](https://longbridge.com/en/news/294268811.md) - [HealthStream (NASDAQ:HSTM) Posts Earnings Results, Beats Estimates By $0.06 EPS](https://longbridge.com/en/news/294738083.md)