Hinge Health (HNGE) Gross Margin (2024 - 2026)
Hinge Health recorded quarterly Gross Margin of 84.6% in Q1 2026, little changed quarter-over-quarter from 84.36% in Q4 2025, and up 365.0% year-over-year from 18.19% in Q1 2025.
Hinge Health's Gross Margin history runs 3 years deep, the most recent figure standing at 84.6% for Q1 2026.
- In Q1 2026, Gross Margin rose 365.0% year-over-year to 84.6%; the TTM figure through Mar 2026 stood at 80.8% (up 150.0% YoY), while the FY2025 annual figure 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.
- A 3-year average of 79.61% and a median of 81.39% in 2025 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin tumbled 388 bps in 2025 and surged 365 bps in 2026, its largest moves.
- Hinge Health's Gross Margin stood at 81.95% in 2024, then increased by 3 bps to 84.36% in 2025, then rose by 0 bps to 84.6% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 84.6%, 84.36%, and 81.84% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 74.46% |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 13.34% |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 72.27% |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 84.60% |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 86.65% |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 85.40% |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 70.39% |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 98.65% |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 45.30% |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | 91.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |