---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-032791"
form_type: "8-K"
ticker: "HSTM"
cik: "0001095565"
company_name: "HEALTHSTREAM INC"
filed_at: "2025-11-03T23:59:59+00:00"
generated_at: "2026-05-17T00:49:38.890367+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# HealthStream Q3 revenue $76.5M (+4.6% YoY), record; net income $6.1M, EPS $0.20; raises 2025 guidance

## Summary
- Q3 revenue $76.5M (record), +4.6% YoY; net income $6.1M, EPS $0.20; adjusted EBITDA $19.1M (record), +7.9% YoY.
- Raised full-year 2025 revenue guidance to $299.5-301.5M (prev $297.5-303.5M); net income $20.3-21.5M; adjusted EBITDA $69.5-71.5M.
- Acquired Virsys12 (healthcare tech) on Oct 8 for $13M cash + up to $4M contingent; expands provider data mgmt for payers.
- Board declared Q4 dividend of $0.031/share, payable Nov 28 to holders of record Nov 17.
- Completed $25M share repurchase program during Q3; no debt; cash $92.6M.

## SEC filing metadata
- accession: 0001437749-25-032791
- form_type: 8-K
- ticker: HSTM
- cik: 0001095565
- company_name: HEALTHSTREAM INC
- filed_at: 2025-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1095565/000143774925032791/0001437749-25-032791-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1095565/000143774925032791/hstm20250819_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-032791
- JSON: https://secwatch.observer/filing/0001437749-25-032791.json
- Plain text: https://secwatch.observer/filing/0001437749-25-032791.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.