HealthStream Inc (HSTM)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	173,004	159,924	158,051	166,234	173,517	182,473	179,632	177,405	175,684	172,043	169,638	168,393	167,255	164,978	161,053	156,512	155,494	154,232	153,753	153,110
Revenue (ttm)	US$ in thousands	291,646	287,991	285,235	282,877	279,063	277,019	273,965	270,405	266,826	262,628	259,434	258,612	256,713	254,193	250,985	246,722	244,826	245,703	247,270	250,498
Gross profit margin		59.32%	55.53%	55.41%	58.77%	62.18%	65.87%	65.57%	65.61%	65.84%	65.51%	65.39%	65.11%	65.15%	64.90%	64.17%	63.44%	63.51%	62.77%	62.18%	61.12%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $173,004K ÷ $291,646K
= 59.32%

HealthStream Inc has shown a fluctuating trend in its gross profit margin over the past few years. The gross profit margin increased steadily from 61.12% as of March 31, 2020, reaching its peak at 65.87% as of September 30, 2023. However, there was a slight decline to 62.18% as of December 31, 2023. Subsequently, there was a more significant decrease in the gross profit margin to 58.77% as of March 31, 2024, followed by further declines over the next two quarters to 55.41% as of June 30, 2024.

Overall, the gross profit margin for HealthStream Inc has displayed both positive and negative movements, indicating potential changes in the company's cost structure, pricing strategies, or overall efficiency in managing production costs. It would be important for the company to closely monitor and address any factors contributing to the recent decline in gross profit margin to ensure sustained profitability and financial health.