Hims & Hers Health (HIMS) Gross Margin (2020 - 2026)

Hims & Hers Health's (HIMS) quarterly Gross Margin came in at 65.25% in Q1 2026, down 825.0% year-on-year from 9.0% in Q1 2025, and down 9.29% quarter-over-quarter from 71.94% in Q4 2025.

Hims & Hers Health (HIMS) Gross Margin (2020 - 2026) Analysis & Trends

Hims & Hers Health has disclosed Gross Margin across 7 years of filings, most recently posting 65.25% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 65.25%, down 825.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 71.72% (down 533.0% YoY), and the FY2025 annual result was 73.84%, down 562.0% from the prior year.
  • Gross Margin came in at 65.25% for Q1 2026 at Hims & Hers Health, down from 71.94% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 82.74% in Q4 2023 to a low of 65.25% in Q1 2026.
  • The 5-year median for Gross Margin is 79.02% (2022), against an average of 77.46%.
  • Across the five-year window, Gross Margin jumped 664 bps in 2023 and sank 886 bps in 2025, its largest moves.
  • Hims & Hers Health's Gross Margin stood at 79.15% in 2022, then grew by 5 bps to 82.74% in 2023, then slipped by 7 bps to 76.81% in 2024, then dropped by 6 bps to 71.94% in 2025, then decreased by 9 bps to 65.25% in 2026.
  • The last three Gross Margin figures came in at 65.25% (Q1 2026), 71.94% (Q4 2025), and 73.8% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Teva Pharmaceutical Industries 38.34 Bn 34.60 Bn 1.97 Bn 49.52%
2 Zoetis 33.27 Bn 31.33 Bn 1.62 Bn 71.66%
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn 82.93%
4 Aurora Cannabis 17.11 Bn 17.03 Bn 33.43 Mn 49.50%
5 Neurocrine Biosciences 16.37 Bn 15.05 Bn 800.70 Mn 98.31%
6 Elanco Animal Health 11.78 Bn 11.35 Bn 785.00 Mn 57.26%
7 Alkermes 7.05 Bn 6.54 Bn -116.06 Mn -293.83%
8 Lantheus Holdings 6.49 Bn 5.99 Bn 230.92 Mn 61.20%
9 Hims & Hers Health 6.19 Bn 5.44 Bn 396.79 Mn 65.25%
10 Liquidia 5.63 Bn 5.40 Bn 121.79 Mn 91.66%

Historic Data

Download Data
DateValue
Mar 31, 2026 65.25%
Dec 31, 2025 71.94%
Sep 30, 2025 73.80%
Jun 30, 2025 76.39%
Mar 31, 2025 73.50%
Dec 31, 2024 76.81%
Sep 30, 2024 79.16%
Jun 30, 2024 81.30%
Mar 31, 2024 82.36%
Dec 31, 2023 82.74%
Sep 30, 2023 82.62%
Jun 30, 2023 81.84%
Mar 31, 2023 80.42%
Dec 31, 2022 79.15%
Sep 30, 2022 79.02%
Jun 30, 2022 76.76%
Mar 31, 2022 73.79%
Dec 31, 2021 73.32%
Sep 30, 2021 73.98%
Jun 30, 2021 77.90%