Hims & Hers Health (HIMS) Cost of Revenue (2020 - 2026)
Hims & Hers Health (HIMS) reported Cost of Revenue of $211.3 million for Q1 2026, up 36.05% on a YoY basis from $155.3 million in Q1 2025, and up 21.88% sequentially from $173.4 million in Q4 2025.
Hims & Hers Health (HIMS) Cost of Revenue (2020 - 2026) Analysis & Trends
Hims & Hers Health (HIMS) has 7 years of Cost of Revenue data on file, last reported at $211.3 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 36.05% year-over-year to $211.3 million; the trailing twelve-month figure through Mar 2026 stood at $834.7 million (up 18.63% YoY), and the FY2025 full-year result was $614.3 million, down 9.51% from the prior year.
- Cost of Revenue improved to $211.3 million in Q1 2026, from $173.4 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $331.9 million in Q4 2023 to a low of -$68.9 million in Q4 2022.
- A 5-year average of $131.8 million and a median of $144.9 million in 2024 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue tumbled 404.64% in 2022 and soared 582.12% in 2023, its largest moves.
- Tracing HIMS's Cost of Revenue over 5 years: stood at -$68.9 million in 2022, then soared by 582.12% to $331.9 million in 2023, then tumbled by 33.4% to $221.1 million in 2024, then dropped by 21.58% to $173.4 million in 2025, then gained by 21.88% to $211.3 million in 2026.
- Business Quant data shows HIMS's Cost of Revenue at $211.3 million in Q1 2026, $173.4 million in Q4 2025, and $232.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 88.07 Bn | 86.20 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 35.75 Bn | 32.01 Bn | 1.97 Bn | 2.01 Bn |
| 3 | Zoetis | 31.84 Bn | 29.90 Bn | 1.62 Bn | 641.00 Mn |
| 4 | Takeda Pharmaceutical | 27.18 Bn | 23.12 Bn | 4.39 Bn | 2.59 Bn |
| 5 | United Therapeutics | 23.09 Bn | 20.93 Bn | 648.10 Mn | 133.40 Mn |
| 6 | RedHill Biopharma | 21.32 Bn | 21.32 Bn | - | - |
| 7 | Viatris | 19.96 Bn | 18.16 Bn | 1.16 Bn | 2.36 Bn |
| 8 | Neurocrine Biosciences | 17.66 Bn | 16.34 Bn | 800.70 Mn | 13.80 Mn |
| 9 | Elanco Animal Health | 12.44 Bn | 12.02 Bn | 785.00 Mn | 586.00 Mn |
| 10 | Hims & Hers Health | 6.44 Bn | 5.69 Bn | 396.79 Mn | 211.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 211.32 Mn |
| Mar 31, 2026 | 211.32 Mn |
| Dec 31, 2025 | 173.38 Mn |
| Dec 31, 2025 | 173.38 Mn |
| Sep 30, 2025 | 232.15 Mn |
| Sep 30, 2025 | 232.15 Mn |
| Jun 30, 2025 | 217.86 Mn |
| Jun 30, 2025 | 217.86 Mn |
| Mar 31, 2025 | 155.32 Mn |
| Mar 31, 2025 | 155.32 Mn |
| Dec 31, 2024 | 221.09 Mn |
| Dec 31, 2024 | 221.09 Mn |
| Sep 30, 2024 | 182.28 Mn |
| Sep 30, 2024 | 182.28 Mn |
| Jun 30, 2024 | 144.92 Mn |
| Jun 30, 2024 | 144.92 Mn |
| Mar 31, 2024 | 130.55 Mn |
| Mar 31, 2024 | 130.55 Mn |
| Dec 31, 2023 | 331.95 Mn |
| Dec 31, 2023 | 331.95 Mn |