HealthStream Inc (HSTM)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	15,213	13,072	12,871	11,821	12,091	9,255	7,089	6,447	5,845	7,155	8,289	9,290	14,091	16,851	17,929	16,888	15,770	14,877	14,201	14,345
Revenue (ttm)	US$ in thousands	279,064	277,019	273,965	270,405	266,826	262,607	259,413	258,591	256,692	254,193	250,985	246,722	244,826	245,703	247,270	250,498	254,113	251,243	248,718	241,945
Net profit margin		5.45%	4.72%	4.70%	4.37%	4.53%	3.52%	2.73%	2.49%	2.28%	2.81%	3.30%	3.77%	5.76%	6.86%	7.25%	6.74%	6.21%	5.92%	5.71%	5.93%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $15,213K ÷ $279,064K
= 5.45%

Healthstream Inc's net profit margin has shown a positive trend over the past eight quarters, steadily increasing from 2.49% in Q1 2022 to 5.45% in Q4 2023. This indicates that the company has been able to effectively control its expenses and generate more profit from its revenue during this period. The consistent improvement in net profit margin reflects a strengthening financial performance and operational efficiency. This trend suggests that Healthstream Inc has been successful in managing its costs and increasing profitability over the quarters, which could be a positive indicator for investors and stakeholders.