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

Hinge Health's (HNGE) quarterly Gross Margin came in at 84.6% in Q1 2026, up 365.0% year-on-year from 18.19% in Q1 2025, and little changed quarter-over-quarter from 84.36% in Q4 2025.

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

Hinge Health has disclosed Gross Margin across 3 years of filings, most recently posting 84.6% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 84.6%, up 365.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 80.8% (up 150.0% YoY), and the FY2025 annual result was 79.65%, up 283.0% from the prior year.
  • Gross Margin came in at 84.6% for Q1 2026 at Hinge Health, roughly flat from 84.36% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 84.6% in Q1 2026 to a low of 70.28% in Q2 2025.
  • The 3-year median for Gross Margin is 81.39% (2025), against an average of 79.61%.
  • Across the five-year window, Gross Margin plunged 388 bps in 2025 and jumped 365 bps in 2026, its largest moves.
  • Hinge Health's Gross Margin stood at 81.95% in 2024, then grew by 3 bps to 84.36% in 2025, then increased by 0 bps to 84.6% in 2026.
  • The last three Gross Margin figures came in at 84.6% (Q1 2026), 84.36% (Q4 2025), and 81.84% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 74.98%
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 13.34%
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 72.27%
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 84.60%
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn 70.39%
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 86.65%
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 85.40%
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn 98.65%
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 45.30%
10 Teladoc Health 1.45 Bn 696.57 Mn 562.57 Mn 91.65%

Historic Data

Download Data
DateValue
Mar 31, 2026 84.60%
Dec 31, 2025 84.36%
Sep 30, 2025 81.84%
Jun 30, 2025 70.28%
Mar 31, 2025 80.95%
Dec 31, 2024 81.95%
Sep 30, 2024 78.77%
Jun 30, 2024 74.16%