Growth Metrics

Hinge Health (HNGE) Cost of Revenue (2024 - 2026)

Hinge Health recorded quarterly Cost of Revenue of $28.1 million in Q1 2026, down 87.47% quarter-over-quarter from $224.0 million in Q4 2025, and up 19.0% year-over-year from $23.6 million in Q1 2025.

Hinge Health's Cost of Revenue history runs 3 years deep, the most recent figure standing at $28.1 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 19.0% year-over-year to $28.1 million; the TTM figure through Mar 2026 stood at $427.3 million (up 284.94% YoY), while the FY2025 annual figure was $317.0 million, up 250.21% from the prior year.
  • Cost of Revenue came in at $28.1 million for Q1 2026 at Hinge Health, down from $224.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $224.0 million in Q4 2025 to a low of $21.2 million in Q4 2024.
  • A 3-year average of $67.3 million and a median of $28.0 million in 2025 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue surged 958.26% in 2025 and rose 19.0% in 2026, its largest moves.
  • Hinge Health's Cost of Revenue stood at $21.2 million in 2024, then soared by 958.26% to $224.0 million in 2025, then plunged by 87.47% to $28.1 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $28.1 million, $224.0 million, and $28.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Veeva Systems 30.85 Bn 24.28 Bn 622.47 Mn 110.18 Mn
2 BrightSpring Health Services 12.29 Bn 11.41 Bn 482.22 Mn 260.92 Mn
3 Healthequity 7.80 Bn 7.48 Bn 256.31 Mn 26.83 Mn
4 Hinge Health 4.82 Bn 4.51 Bn 154.23 Mn 28.07 Mn
5 Doximity 4.21 Bn 3.46 Bn 125.97 Mn 112.73 Mn
6 Waystar Holding 4.18 Bn 4.03 Bn 268.04 Mn 45.83 Mn
7 10x Genomics 3.78 Bn 3.24 Bn 106.18 Mn 44.67 Mn
8 Privia Health 2.65 Bn 2.28 Bn 595.71 Mn 8.13 Mn
9 Omnicell 1.95 Bn 1.78 Bn 140.36 Mn 169.52 Mn
10 Teladoc Health 1.42 Bn 672.39 Mn 562.57 Mn 51.28 Mn

Historic Data

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DateValue
Mar 31, 2026 28.07 Mn
Mar 31, 2026 28.07 Mn
Dec 31, 2025 224.01 Mn
Dec 31, 2025 224.01 Mn
Sep 30, 2025 28.01 Mn
Sep 30, 2025 28.01 Mn
Jun 30, 2025 147.23 Mn
Jun 30, 2025 147.23 Mn
Mar 31, 2025 23.59 Mn
Mar 31, 2025 23.59 Mn
Dec 31, 2024 21.17 Mn
Dec 31, 2024 21.17 Mn
Sep 30, 2024 21.36 Mn
Sep 30, 2024 21.36 Mn
Jun 30, 2024 44.89 Mn
Jun 30, 2024 44.89 Mn