Hims & Hers Health (HIMS) EBITDA Margin (2020 - 2026)
Hims & Hers Health (HIMS) recorded EBITDA Margin of -8.99% in Q2 2026, down 15.82 percentage points from 6.83% a year earlier but up 0.28 percentage points from the prior quarter.
Hims & Hers Health (HIMS) EBITDA Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Hims & Hers Health's EBITDA Margin came in at -2.61% as of Jun 30, 2026, down 10.30 percentage points year-over-year; for FY2025, it came in at 6.82%, up 1.47 percentage points from FY2024.
- Annual EBITDA Margin has increased for four straight years, with a five-year change of +16.29 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at 5.35% in FY2024 (+7.64 pp), -2.29% in FY2023 (+9.33 pp), -11.62% in FY2022 (+29.20 pp) and -40.81% in FY2021 (-31.35 pp).
- Quarterly EBITDA Margin has ranged from -35.21% in Q3 2021 to 11.29% in Q1 2025 over the past five years.
- On a year-over-year basis, EBITDA Margin has declined for four consecutive quarters, with an average year-over-year change of -2.05 percentage points over the last eight quarters.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 76.80 percentage points in Q1 2022, against a drop of 27.90 percentage points in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at -9.27% (Q1 2026), 4.42% (Q4 2025) and 4.92% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.08 Bn | 93.52 Bn | - | 19.96% |
| 2 | Natera | 59.53 Bn | 55.21 Bn | 485.19 Mn | -7.25% |
| 3 | Quest Diagnostics | 25.60 Bn | 24.03 Bn | 1.03 Bn | 19.88% |
| 4 | Labcorp Holdings | 24.98 Bn | 22.75 Bn | 1.11 Bn | 16.90% |
| 5 | Guardant Health | 23.75 Bn | 19.81 Bn | 219.03 Mn | -35.69% |
| 6 | Tenet Healthcare | 20.75 Bn | 11.90 Bn | - | 30.49% |
| 7 | Tempus AI | 14.47 Bn | 11.50 Bn | 246.50 Mn | - |
| 8 | Encompass Health | 12.19 Bn | 12.65 Bn | - | 24.09% |
| 9 | Davita | 11.20 Bn | 9.97 Bn | 1.16 Bn | 21.01% |
| 10 | Hims & Hers Health | 6.70 Bn | 3.90 Bn | 480.80 Mn | -8.99% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.99% |
| Mar 31, 2026 | -9.27% |
| Dec 31, 2025 | 4.42% |
| Sep 30, 2025 | 4.92% |
| Jun 30, 2025 | 6.83% |
| Mar 31, 2025 | 11.29% |
| Dec 31, 2024 | 5.12% |
| Sep 30, 2024 | 6.66% |
| Jun 30, 2024 | 4.65% |
| Mar 31, 2024 | 4.64% |
| Dec 31, 2023 | 0.92% |
| Sep 30, 2023 | -2.73% |
| Jun 30, 2023 | -3.30% |
| Mar 31, 2023 | -4.79% |
| Dec 31, 2022 | -5.74% |
| Sep 30, 2022 | -12.48% |
| Jun 30, 2022 | -16.18% |
| Mar 31, 2022 | -14.98% |
| Dec 31, 2021 | -23.54% |
| Sep 30, 2021 | -35.21% |
Hims & Hers Health EBITDA Margin 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=ebitda-margin&ticker=HIMS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=HIMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();