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| 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% |