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
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