Hinge Health (HNGE) Gross Margin (2024 - 2026)
Hinge Health's Gross Margin was 86.44% in Q2 2026, up 16.15 percentage points from 70.28% a year earlier and up 1.83 percentage points from the prior quarter.
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Analysis
Hinge Health (HNGE) Gross Margin (2024 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hinge Health's Gross Margin was 84.49% through Jun 30, 2026, up 6.84 percentage points year-over-year; for FY2025, it was 79.65%, up 2.83 percentage points from FY2024.
- In earlier years, Gross Margin was 76.82% in FY2024 (+10.48 pp) and 66.33% in FY2023.
- The Q2 2026 figure marks the highest quarterly Gross Margin in data going back to Q2 2024.
- Compared with a year earlier, Gross Margin has increased for four straight quarters, with an average year-over-year change of +4.28 percentage points over the last five quarters.
- Per Business Quant data, HNGE's Gross Margin in the three quarters before Q2 2026 was 84.60% (Q1 2026), 84.36% (Q4 2025) and 81.84% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | - |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | 64.46% |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 33.75% |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 29.80% |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | 65.39% |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | - |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 64.45% |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | - |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 32.70% |
| 10 | Hinge Health | 7.41 Bn | 5.86 Bn | 183.95 Mn | 86.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 86.44% |
| 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% |
API Access
Hinge Health Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=HNGE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "HNGE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=HNGE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();