Hinge Health (HNGE) Net Margin (2024 - 2026)

Hinge Health (HNGE) posted Net Margin of 18.66% for Q1 2026, down 0.76% sequentially from 18.8% in Q4 2025, and down 7932.0% YoY from 0.24% in Q1 2025.

Hinge Health (HNGE) Net Margin (2024 - 2026) Analysis & Trends

Hinge Health has reported Net Margin for 3 years, with the latest figure at 18.66% in Q1 2026.

  • Quarterly Net Margin fell 7932.0% year-over-year to 18.66% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 79.12% (down 11054.0% YoY) and the FY2025 annual result came in at 72.14%, down 6908.0% from the prior year.
  • Net Margin fell to 18.66% in Q1 2026 per HNGE's latest filing, from 18.8% in the prior quarter.
  • Over five years, Net Margin peaked at 97.97% in Q1 2025 and troughed at 413.85% in Q2 2025.
  • A 3-year average of 33.85% and a median of 9.36% in 2024 frame the typical range for Net Margin.
  • The widest YoY moves for Net Margin: up 127 bps in 2025, down 39946 bps in 2025.
  • Over 3 years, Net Margin stood at 23.13% in 2024, then decreased by 19 bps to 18.8% in 2025, then declined by 1 bps to 18.66% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 18.66%, 18.8%, and 1.2% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Veeva Systems 39.72 Bn 32.40 Bn 662.02 Mn 29.55%
2 BrightSpring Health Services 12.19 Bn 11.64 Bn 492.75 Mn 2.18%
3 Healthequity 8.79 Bn 8.52 Bn 256.31 Mn 19.57%
4 10x Genomics 7.31 Bn 6.76 Bn 112.50 Mn -11.87%
5 Hinge Health 7.10 Bn 6.71 Bn 183.95 Mn 20.25%
6 MiniMed 5.66 Bn 5.36 Bn 480.00 Mn -22.10%
7 Waystar Holding 4.76 Bn 4.56 Bn 221.99 Mn 12.78%
8 Doximity 4.46 Bn 3.77 Bn 132.93 Mn 15.53%
9 Heartflow 3.66 Bn 3.28 Bn 53.19 Mn -24.57%
10 Privia Health 2.78 Bn 2.42 Bn - 1.54%

Historic Data

Download Data
DateValue
Jun 30, 2026 20.25%
Mar 31, 2026 18.66%
Dec 31, 2025 18.80%
Sep 30, 2025 -1.20%
Jun 30, 2025 -413.85%
Mar 31, 2025 97.97%
Dec 31, 2024 23.13%
Sep 30, 2024 0.07%
Jun 30, 2024 -14.39%