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
DateValue
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