Hinge Health (HNGE) Invested Capital (2023 - 2026)

Hinge Health's (HNGE) quarterly Invested Capital came in at $111.7 million in Q1 2026, up 136.23% year-on-year from $47.3 million in Q1 2025, and down 37.49% quarter-over-quarter from $178.7 million in Q4 2025.

Hinge Health (HNGE) Invested Capital (2023 - 2026) Analysis & Trends

Hinge Health has disclosed Invested Capital across 4 years of filings, most recently posting $111.7 million for Q1 2026.

  • Invested Capital for Q1 2026 came in at $111.7 million, up 136.23% year-over-year; the trailing twelve-month figure through Mar 2026 was $111.7 million (up 136.23% YoY), and the FY2025 annual result was $178.7 million, up 141.11% from the prior year.
  • Invested Capital came in at $111.7 million for Q1 2026 at Hinge Health, down from $178.7 million in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $208.0 million in Q3 2025 to a low of -$462.6 million in Q2 2024.
  • The 4-year median for Invested Capital is -$308.3 million (2025), against an average of -$157.7 million.
  • Across the five-year window, Invested Capital fell 2.49% in 2024 and surged 145.04% in 2025, its largest moves.
  • Hinge Health's Invested Capital stood at -$424.0 million in 2023, then decreased by 2.49% to -$434.6 million in 2024, then soared by 141.11% to $178.7 million in 2025, then slumped by 37.49% to $111.7 million in 2026.
  • The last three Invested Capital figures came in at $111.7 million (Q1 2026), $178.7 million (Q4 2025), and $208.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Veeva Systems 26.11 Bn 18.79 Bn 662.02 Mn 7.30 Bn
2 BrightSpring Health Services 12.95 Bn 12.07 Bn 482.22 Mn 2.03 Bn
3 Healthequity 7.46 Bn 7.19 Bn 256.31 Mn 2.99 Bn
4 Hinge Health 5.15 Bn 4.83 Bn 154.23 Mn 111.69 Mn
5 Doximity 3.75 Bn 3.00 Bn 125.97 Mn 950.84 Mn
6 10x Genomics 3.69 Bn 3.15 Bn 106.18 Mn 814.32 Mn
7 Waystar Holding 3.61 Bn 3.45 Bn 268.04 Mn 3.95 Bn
8 Privia Health 2.90 Bn 2.54 Bn 595.71 Mn 753.06 Mn
9 Omnicell 1.72 Bn 1.54 Bn 140.36 Mn 1.26 Bn
10 Teladoc Health 1.31 Bn 562.23 Mn 562.57 Mn 1.34 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 111.69 Mn
Dec 31, 2025 178.66 Mn
Sep 30, 2025 208.00 Mn
Jun 30, 2025 173.78 Mn
Mar 31, 2025 -308.28 Mn
Dec 31, 2024 -434.57 Mn
Sep 30, 2024 -461.77 Mn
Jun 30, 2024 -462.61 Mn
Dec 31, 2023 -423.99 Mn