HEALTHSTREAM INC
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $304.1M | $291.6M | $279.1M | $266.8M | $256.7M | $244.8M | $254.1M | $231.6M |
| Service | — | — | — | — | — | — | — | — |
| Product | — | — | — | — | — | — | — | — |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | $51.0M | $48.9M | $45.5M | $44.3M | $41.7M | $32.3M | $29.1M | $25.7M |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $20.2M | $21.3M | $16.0M | $12.4M | $8.1M | $15.8M | $14.7M | $15.5M |
| Operating Margin | 6.7% | 7.3% | 5.7% | 4.7% | 3.1% | 6.5% | 5.8% | 6.7% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $23.2M | $24.8M | $18.5M | $15.6M | $7.8M | $17.8M | $17.9M | $16.6M |
| Income Tax Expense | $4.9M | $4.8M | $3.3M | $3.5M | $1.9M | $3.7M | $3.7M | $3.3M |
| Net Income | $18.3M | $20.0M | $15.2M | $12.1M | $5.8M | $14.1M | $15.8M | $32.2M |
| Net Margin | 6.0% | 6.9% | 5.5% | 4.5% | 2.3% | 5.8% | 6.2% | 13.9% |
| EPS (Basic) | $0.61 | $0.66 | $0.50 | $0.39 | $0.19 | $0.44 | $0.49 | $1.00 |
| EPS (Diluted) | $0.61 | $0.66 | $0.50 | $0.39 | $0.18 | $0.44 | $0.49 | $1.00 |
| Shares Outstanding (Basic) | 30.0M | 30.4M | 30.6M | 30.6M | 31.5M | 32.0M | 32.4M | 32.3M |
| Shares Outstanding (Diluted) | 30.1M | 30.5M | 30.7M | 30.7M | 31.6M | 32.0M | 32.4M | 32.3M |
| Dividends Per Share | $0.12 | $0.11 | $0.10 | $0.00 | $0.00 | — | — | $1.00 |