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Hims & Hers Health (HIMS) Operating Expenses (2019 - 2025)

Hims & Hers Health's Operating Expenses history spans 7 years, with the latest figure at $435.2 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 24.02% year-over-year to $435.2 million; the TTM value through Dec 2025 reached $1.6 billion, up 46.48%, while the annual FY2025 figure was $1.6 billion, 46.48% up from the prior year.
  • Operating Expenses for Q4 2025 was $435.2 million at Hims & Hers Health, up from $430.3 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $435.2 million in Q4 2025 and bottomed at $64.7 million in Q2 2021.
  • The 5-year median for Operating Expenses is $187.6 million (2023), against an average of $214.0 million.
  • The largest annual shift saw Operating Expenses surged 230.35% in 2021 before it rose 3.41% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $83.7 million in 2021, then soared by 72.05% to $143.9 million in 2022, then surged by 42.04% to $204.5 million in 2023, then skyrocketed by 71.65% to $350.9 million in 2024, then rose by 24.02% to $435.2 million in 2025.
  • Per Business Quant, the three most recent readings for HIMS's Operating Expenses are $435.2 million (Q4 2025), $430.3 million (Q3 2025), and $389.5 million (Q2 2025).