Hinge Health (HNGE) Cost of Revenue (2024 - 2026)
Hinge Health's (HNGE) quarterly Cost of Revenue came in at $28.1 million in Q1 2026, up 19.0% year-on-year from $23.6 million in Q1 2025, and down 87.47% quarter-over-quarter from $224.0 million in Q4 2025.
Hinge Health (HNGE) Cost of Revenue (2024 - 2026) Analysis & Trends
Hinge Health has disclosed Cost of Revenue across 3 years of filings, most recently posting $28.1 million for Q1 2026.
- Cost of Revenue for Q1 2026 came in at $28.1 million, up 19.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $427.3 million (up 284.94% YoY), and the FY2025 annual result 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.
- The 3-year median for Cost of Revenue is $28.0 million (2025), against an average of $67.3 million.
- Across the five-year window, Cost of Revenue jumped 958.26% in 2025 and increased 19.0% in 2026, its largest moves.
- Hinge Health's Cost of Revenue stood at $21.2 million in 2024, then surged by 958.26% to $224.0 million in 2025, then sank by 87.47% to $28.1 million in 2026.
- The last three Cost of Revenue figures came in at $28.1 million (Q1 2026), $224.0 million (Q4 2025), and $28.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 111.12 Mn |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 260.92 Mn |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 26.83 Mn |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 28.07 Mn |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | 44.67 Mn |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 112.73 Mn |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 45.83 Mn |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 8.13 Mn |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 169.52 Mn |
| 10 | Teladoc Health | 1.45 Bn | 696.57 Mn | 562.57 Mn | 51.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |