Hinge Health HNGE
NYSE HNGE
$90.00 -0.11 (-0.12%)
As of: Aug 25, 2026 · 9:43 AM EDT

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

Hinge Health (HNGE) posted Cost of Revenue of $28.1 million for Q1 2026, up 5.15% sequentially from $26.7 million in Q4 2025, and up 19.0% YoY from $23.6 million in Q1 2025.

Hinge Health (HNGE) Cost of Revenue (2024 - 2026) Analysis & Trends

Hinge Health has reported Cost of Revenue for 3 years, with the latest figure at $28.1 million in Q1 2026.

  • Quarterly Cost of Revenue rose 19.0% year-over-year to $28.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $124.1 million (up 38.95% YoY) and the FY2025 annual result came in at $119.6 million, up 32.19% from the prior year.
  • Cost of Revenue climbed to $28.1 million in Q1 2026 per HNGE's latest filing, from $26.7 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $41.3 million in Q2 2025 and troughed at $21.2 million in Q4 2024.
  • A 3-year average of $26.7 million and a median of $25.1 million in 2025 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2025 and 2026: Cost of Revenue surged 78.11% in 2025, then gained 19.0% in 2026.
  • Over 3 years, Cost of Revenue stood at $21.2 million in 2024, then advanced by 26.13% to $26.7 million in 2025, then advanced by 5.15% to $28.1 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $28.1 million, $26.7 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 40.11 Bn 32.80 Bn 662.02 Mn 220.92 Mn
2 BrightSpring Health Services 12.26 Bn 11.70 Bn 492.75 Mn 271.40 Mn
3 Healthequity 8.80 Bn 8.53 Bn 256.31 Mn 98.33 Mn
4 10x Genomics 8.39 Bn 7.84 Bn 112.50 Mn 38.54 Mn
5 Hinge Health 7.03 Bn 6.65 Bn 183.95 Mn 28.87 Mn
6 MiniMed 5.12 Bn 4.82 Bn 480.00 Mn 357.00 Mn
7 Waystar Holding 4.86 Bn 4.67 Bn 221.99 Mn 97.69 Mn
8 Doximity 4.60 Bn 3.91 Bn 132.93 Mn 23.69 Mn
9 Heartflow 4.38 Bn 4.00 Bn 53.19 Mn 10.89 Mn
10 Privia Health 2.65 Bn 2.24 Bn - -

Historic Data

Download Data
DateValue
Jun 30, 2026 28.87 Mn
Jun 30, 2026 28.87 Mn
Mar 31, 2026 28.07 Mn
Mar 31, 2026 28.07 Mn
Dec 31, 2025 26.70 Mn
Dec 31, 2025 26.70 Mn
Sep 30, 2025 28.01 Mn
Sep 30, 2025 28.01 Mn
Jun 30, 2025 41.34 Mn
Jun 30, 2025 41.34 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 23.21 Mn
Jun 30, 2024 23.21 Mn