---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-014670"
form_type: "8-K"
ticker: "HSTM"
cik: "0001095565"
company_name: "HEALTHSTREAM INC"
filed_at: "2026-05-04T23:59:59+00:00"
generated_at: "2026-05-14T23:49:55.002571+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# HealthStream Q1 revenue up 10.5% to $81.2M; EPS $0.20; promotes Collier to COO

## Summary
- Q1 revenue $81.2M (+10.5%), operating income $7.5M (+71.6%), net income $5.9M (+36.4%), diluted EPS $0.20 vs $0.14.
- Adjusted EBITDA $20.1M (+24.1%); FY2026 guidance reaffirmed: revenue $323-330M, adjusted EBITDA $73-77M.
- Quarterly cash dividend of $0.035/share declared, payable May 29, 2026 to holders of record May 18, 2026.
- Share repurchase $10M program authorized Mar 13; Q1 repurchased 342,345 shares at $7.5M ($21.91 avg).
- Michael M. Collier promoted from EVP to COO & EVP, leading operations and AI transformation.

## SEC filing metadata
- accession: 0001437749-26-014670
- form_type: 8-K
- ticker: HSTM
- cik: 0001095565
- company_name: HEALTHSTREAM INC
- filed_at: 2026-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1095565/000143774926014670/0001437749-26-014670-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1095565/000143774926014670/hstm20260125_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-014670
- JSON: https://secwatch.observer/filing/0001437749-26-014670.json
- Plain text: https://secwatch.observer/filing/0001437749-26-014670.txt

## Key facts
- Earnings Releases
  HEALTHSTREAM INC updated its full year 2026 guidance (reaffirmed).
  - Period: full year 2026
  - Guidance: reaffirmed
  - Result: guidance update
  source text: The Company reaffirms its guidance for 2026 for the measures set forth below as previously announced on February 23, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1095565/000143774926014670/0001437749-26-014670-index.htm
- Earnings Releases
  HEALTHSTREAM INC reported first quarter ended March 31, 2026 results: revenue $81.2 million, net income $5.9 million, EPS $0.20 per share (diluted). Guidance reaffirmed.
  - Period: first quarter ended March 31, 2026
  - Revenue: $81.2 million
  - Net income: $5.9 million
  - EPS: $0.20 per share (diluted)
  - Guidance: reaffirmed
  - Result: reported results
  source text: healthcare technology platform company for clinical workforce solutions, today announced results for the first quarter ended March 31, 2026 . First Quarter 2026 • Revenues of $81.2 million, up 10.5% from $73.5 million in the first quarter of 2025 , setting a new Company record for quarterly revenue • Operating income of $7.5 million, up 71.6% from $4.4 million in
  evidence_url: https://www.sec.gov/Archives/edgar/data/1095565/000143774926014670/0001437749-26-014670-index.htm

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