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Hims & Hers Health (HIMS) Research & Development (2021 - 2025)

Hims & Hers Health (HIMS) has disclosed Research & Development for 5 consecutive years, with $41.0 million as the latest value for Q4 2025.

  • Quarterly Research & Development rose 72.48% to $41.0 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $149.3 million through Dec 2025, up 89.42% year-over-year, with the annual reading at $149.3 million for FY2025, 89.42% up from the prior year.
  • Research & Development hit $41.0 million in Q4 2025 for Hims & Hers Health, up from $40.6 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $41.0 million in Q4 2025 to a low of $5.6 million in Q4 2021.
  • Historically, Research & Development has averaged $17.6 million across 5 years, with a median of $12.8 million in 2023.
  • Biggest five-year swings in Research & Development: rose 27.8% in 2022 and later surged 102.89% in 2025.
  • Year by year, Research & Development stood at $5.6 million in 2021, then soared by 49.16% to $8.3 million in 2022, then soared by 61.29% to $13.4 million in 2023, then skyrocketed by 77.17% to $23.7 million in 2024, then skyrocketed by 72.48% to $41.0 million in 2025.
  • Business Quant data shows Research & Development for HIMS at $41.0 million in Q4 2025, $40.6 million in Q3 2025, and $37.8 million in Q2 2025.