Hinge Health (HNGE) Gross Margin (2024 - 2026)
Hinge Health (HNGE) reported Gross Margin of 84.6% for Q1 2026, up 365.0% on a YoY basis from 18.19% in Q1 2025, and little changed sequentially from 84.36% in Q4 2025.
Hinge Health (HNGE) Gross Margin (2024 - 2026) Analysis & Trends
Hinge Health (HNGE) has 3 years of Gross Margin data on file, last reported at 84.6% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 365.0% year-over-year to 84.6%; the trailing twelve-month figure through Mar 2026 stood at 80.8% (up 150.0% YoY), and the FY2025 full-year result was 79.65%, up 283.0% from the prior year.
- Gross Margin held at 84.6% in Q1 2026, 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 slumped 388 bps in 2025 and jumped 365 bps in 2026, its largest moves.
- Tracing HNGE's Gross Margin over 3 years: stood at 81.95% in 2024, then climbed by 3 bps to 84.36% in 2025, then grew by 0 bps to 84.6% in 2026.
- Business Quant data shows HNGE's Gross Margin at 84.6% in Q1 2026, 84.36% in Q4 2025, and 81.84% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 32.25 Bn | 24.94 Bn | 662.02 Mn | 74.98% |
| 2 | BrightSpring Health Services | 14.59 Bn | 13.69 Bn | 482.22 Mn | 13.34% |
| 3 | Healthequity | 8.33 Bn | 8.07 Bn | 256.31 Mn | 72.27% |
| 4 | Hinge Health | 5.98 Bn | 5.67 Bn | 154.23 Mn | 84.60% |
| 5 | 10x Genomics | 5.88 Bn | 5.34 Bn | 106.18 Mn | 70.39% |
| 6 | MiniMed | 4.49 Bn | 4.20 Bn | 480.00 Mn | 57.35% |
| 7 | Waystar Holding | 4.48 Bn | 4.41 Bn | 216.84 Mn | 69.08% |
| 8 | Doximity | 3.97 Bn | 3.22 Bn | 125.97 Mn | 86.65% |
| 9 | Privia Health | 3.13 Bn | 2.71 Bn | - | - |
| 10 | Omnicell | 1.89 Bn | 1.65 Bn | 140.36 Mn | 45.30% |
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% |