Hinge Health (HNGE) FCF Margin (2024 - 2026)

Hinge Health (HNGE) reported FCF Margin of 23.59% for Q1 2026, up 1961.0% on a YoY basis from 1.14% in Q1 2025, and down 37.27% sequentially from 37.6% in Q4 2025.

Hinge Health (HNGE) FCF Margin (2024 - 2026) Analysis & Trends

Hinge Health (HNGE) has 3 years of FCF Margin data on file, last reported at 23.59% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin rose 1961.0% year-over-year to 23.59%; the trailing twelve-month figure through Mar 2026 stood at 32.42% (up 1596.0% YoY), and the FY2025 full-year result was 29.16%, up 1688.0% from the prior year.
  • FCF Margin declined to 23.59% in Q1 2026, from 37.6% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 53.4% in Q3 2025 to a low of 3.98% in Q1 2025.
  • A 3-year average of 27.61% and a median of 28.46% in 2024 frame the typical range for FCF Margin.
  • Peak annual rise in FCF Margin reached 2494 bps in 2025, while the deepest fall reached 568 bps in 2025.
  • Tracing HNGE's FCF Margin over 3 years: stood at 31.92% in 2024, then advanced by 18 bps to 37.6% in 2025, then slumped by 37 bps to 23.59% in 2026.
  • Business Quant data shows HNGE's FCF Margin at 23.59% in Q1 2026, 37.6% in Q4 2025, and 53.4% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Veeva Systems 29.34 Bn 22.03 Bn 662.02 Mn 127.46%
2 BrightSpring Health Services 13.49 Bn 12.59 Bn 482.22 Mn 2.81%
3 Healthequity 7.96 Bn 7.70 Bn 256.31 Mn 23.01%
4 10x Genomics 6.17 Bn 5.63 Bn 106.18 Mn 17.24%
5 Hinge Health 6.02 Bn 5.70 Bn 154.23 Mn 23.59%
6 MiniMed 4.19 Bn 3.89 Bn 480.00 Mn -27.00%
7 Waystar Holding 4.14 Bn 4.07 Bn 216.84 Mn 22.17%
8 Doximity 3.82 Bn 3.08 Bn 125.97 Mn 79.91%
9 Privia Health 3.10 Bn 2.73 Bn - -8.03%
10 Omnicell 1.81 Bn 1.57 Bn 140.36 Mn 18.01%

Historic Data

Download Data
DateValue
Mar 31, 2026 23.59%
Dec 31, 2025 37.60%
Sep 30, 2025 53.40%
Jun 30, 2025 14.36%
Mar 31, 2025 3.98%
Dec 31, 2024 31.92%
Sep 30, 2024 28.46%