Hims & Hers Health (HIMS) Operating Expenses (2019 - 2026)

Hims & Hers Health's (HIMS) quarterly Operating Expenses came in at $475.1 million in Q1 2026, up 27.45% year-on-year from $372.8 million in Q1 2025, and up 9.16% quarter-over-quarter from $435.2 million in Q4 2025.

Hims & Hers Health (HIMS) Operating Expenses (2019 - 2026) Analysis & Trends

Hims & Hers Health has disclosed Operating Expenses across 8 years of filings, most recently posting $475.1 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $475.1 million, up 27.45% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.7 billion (up 36.78% YoY), and the FY2025 annual result was $1.6 billion, up 46.48% from the prior year.
  • Operating Expenses came in at $475.1 million for Q1 2026 at Hims & Hers Health, up from $435.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $475.1 million in Q1 2026 to a low of $91.7 million in Q1 2022.
  • The 5-year median for Operating Expenses is $219.2 million (2024), against an average of $260.9 million.
  • Across the five-year window, Operating Expenses increased 3.41% in 2022 and jumped 79.64% in 2023, its largest moves.
  • Hims & Hers Health's Operating Expenses stood at $143.9 million in 2022, then jumped by 42.04% to $204.5 million in 2023, then soared by 71.65% to $350.9 million in 2024, then advanced by 24.02% to $435.2 million in 2025, then advanced by 9.16% to $475.1 million in 2026.
  • The last three Operating Expenses figures came in at $475.1 million (Q1 2026), $435.2 million (Q4 2025), and $430.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 526.00 Mn
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 788.00 Mn
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 455.70 Mn
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn 19.40 Mn
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 621.10 Mn
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 478.00 Mn
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn 441.19 Mn
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn 475.11 Mn
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 96.91 Mn
10 Liquidia 5.64 Bn 5.42 Bn 121.79 Mn 71.36 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 475.11 Mn
Dec 31, 2025 435.25 Mn
Sep 30, 2025 430.25 Mn
Jun 30, 2025 389.47 Mn
Mar 31, 2025 372.79 Mn
Dec 31, 2024 350.95 Mn
Sep 30, 2024 295.51 Mn
Jun 30, 2024 245.58 Mn
Mar 31, 2024 219.19 Mn
Dec 31, 2023 204.46 Mn
Sep 30, 2023 195.86 Mn
Jun 30, 2023 179.39 Mn
Mar 31, 2023 164.69 Mn
Dec 31, 2022 143.94 Mn
Sep 30, 2022 134.44 Mn
Jun 30, 2022 107.37 Mn
Mar 31, 2022 91.68 Mn
Dec 31, 2021 83.66 Mn
Sep 30, 2021 82.53 Mn
Jun 30, 2021 64.68 Mn