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Hinge Health, Inc. (HNGE) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

HEALTHCARE · HEALTH INFORMATION SERVICES · DATA UPDATED 2026-08-14

Hinge Health, Inc. (HNGE) operates in the HEALTH INFORMATION SERVICES industry and is headquartered in San Francisco, United States with about 1,437 employees. Its market capitalization is roughly $8 billion. In the fiscal year ended 2025-12-31, HNGE reported $588M in revenue and ($528M) in net income.

Hinge Health, Inc. focuses on building a health system that scales and automates the delivery of care using technology. It designs its platform to address musculoskeletal system care (MSK), including acute injury, chronic pain, and post-surgical rehabilitation.

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HNGE Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-31
Total Revenue$720M$588M$390M$293M
Gross Profit$609M$469M$301M$194M
Gross Margin %84.5%79.8%77.0%66.3%
Operating Income (EBIT)$94M($546M)($32M)($131M)
Operating Margin %13.0%-92.9%-8.2%-44.6%
Net Income$109M($528M)($12M)($108M)
Net Margin %15.2%-89.9%-3.1%-36.9%
EBITDA$103M($536M)($22M)($128M)
Earnings Per Share (EPS)$1.31$-6.47$-0.15$-1.39
Shares Outstanding (M)82M82M78M78M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

HNGE Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$213M$182M$171M$154M$139M$124M$117M$101M
Gross Profit$184M$154M$144M$126M$98M$100M$96M$79M
Gross Margin %86.4%84.6%84.5%81.9%70.3%81.0%82.0%78.8%
Operating Income (EBIT)$40M$32M$27M($6M)($581M)$13M$21M($4M)
Operating Margin %19.0%17.6%16.0%-4.0%-417.4%10.6%17.8%-3.8%
Net Income$44M$35M$32M($2M)($576M)$121M$27M$0M
Net Margin %20.5%19.3%18.8%-1.2%-413.8%98.0%23.1%0.3%
EBITDA$45M$33M$30M($6M)($579M)$14M$23M($3M)
Earnings Per Share (EPS)$0.53$0.43$0.38$-0.02$-7.38$1.55$0.35$0.00
Shares Outstanding (M)82M82M85M79M78M78M78M78M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

HNGE Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-31
Cash from Operations (CFO)$291M$171M$49M($64M)
Capital Expenditures (CapEx)$3M$1M$4M$5M
Free Cash Flow (FCF)$287M$171M$45M($69M)
FCF Margin %39.9%29.0%11.6%-23.4%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

HNGE Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$101M$43M$64M$82M$20M$5M$38M$28M
Capital Expenditures (CapEx)$2M$0M$0M$1M$2M$1M$1M$0M
Free Cash Flow (FCF)$100M$43M$63M$81M$18M$4M$37M$28M
FCF Margin %46.8%23.6%37.2%52.7%13.2%3.4%31.8%27.9%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

HNGE Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-31
Total Assets$827M$745M$673M$623M
Cash & Cash Equivalents$286M$208M$301M$235M
Total Liabilities$483M$366M$257M$195M
Total Debt (Short + Long-Term)$4M$4M$4M$5M
Total Shareholders' Equity$344M$379M$417M$427M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive HNGE viewer.

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