Hims & Hers Health (HIMS) Cost of Revenue (2020 - 2026)
Hims & Hers Health (HIMS) posted Cost of Revenue of $272.41 million for Q2 2026, up 111.8% from $128.64 million a year earlier and up 28.9% from the prior quarter.
Powered by 
Analysis
Hims & Hers Health (HIMS) Cost of Revenue (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at Hims & Hers Health was $814.03 million, up 69.9% year-over-year; for FY2025, it came in at $614.26 million, up 102.5% from FY2024.
- Annual Cost of Revenue has increased for six consecutive years, with a five-year compound annual growth rate of 73.3% (FY2020 to FY2025).
- In prior years, Hims & Hers Health's Cost of Revenue was $303.38 million in FY2024 (+93.2%), $157.05 million in FY2023 (+32.9%), $118.19 million in FY2022 (+75.4%) and $67.38 million in FY2021 (+71.4%).
- The Q2 2026 figure stands as the highest quarterly Cost of Revenue in data going back to Q1 2020.
- On a year-over-year basis, Cost of Revenue has increased in each of the last 22 quarters, with growth averaging 112.5% over the last eight quarters.
- The year-over-year growth in Cost of Revenue has ranged between 22.1% (Q4 2023) and 216.5% (Q1 2025) over the last five years.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $211.32 million (Q1 2026), $173.38 million (Q4 2025) and $156.92 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.08 Bn | 92.52 Bn | - | - |
| 2 | Natera | 58.93 Bn | 54.61 Bn | 485.19 Mn | 267.56 Mn |
| 3 | Quest Diagnostics | 25.75 Bn | 24.18 Bn | 1.03 Bn | 2.02 Bn |
| 4 | Labcorp Holdings | 24.96 Bn | 22.73 Bn | 1.11 Bn | 2.62 Bn |
| 5 | Guardant Health | 23.76 Bn | 19.82 Bn | 219.03 Mn | 115.95 Mn |
| 6 | Tenet Healthcare | 20.83 Bn | 11.98 Bn | - | - |
| 7 | Tempus AI | 13.43 Bn | 10.46 Bn | 246.50 Mn | 135.99 Mn |
| 8 | BrightSpring Health Services | 11.90 Bn | 10.24 Bn | 492.75 Mn | 271.40 Mn |
| 9 | Encompass Health | 11.82 Bn | 12.29 Bn | - | - |
| 10 | Hims & Hers Health | 6.76 Bn | 3.96 Bn | 480.80 Mn | 272.41 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 272.41 Mn |
| Mar 31, 2026 | 211.32 Mn |
| Dec 31, 2025 | 173.38 Mn |
| Sep 30, 2025 | 156.92 Mn |
| Jun 30, 2025 | 128.64 Mn |
| Mar 31, 2025 | 155.32 Mn |
| Dec 31, 2024 | 111.60 Mn |
| Sep 30, 2024 | 83.67 Mn |
| Jun 30, 2024 | 59.04 Mn |
| Mar 31, 2024 | 49.08 Mn |
| Dec 31, 2023 | 42.56 Mn |
| Sep 30, 2023 | 39.39 Mn |
| Jun 30, 2023 | 37.75 Mn |
| Mar 31, 2023 | 37.35 Mn |
| Dec 31, 2022 | 34.87 Mn |
| Sep 30, 2022 | 30.38 Mn |
| Jun 30, 2022 | 26.39 Mn |
| Mar 31, 2022 | 26.56 Mn |
| Dec 31, 2021 | 22.60 Mn |
| Sep 30, 2021 | 19.30 Mn |
API Access
Hims & Hers Health Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HIMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "HIMS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HIMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();