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
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 |