Hinge Health (HNGE) Operating Expenses (2024 - 2026)

Hinge Health's (HNGE) quarterly Operating Expenses came in at $122.2 million in Q1 2026, up 40.26% year-on-year from $87.1 million in Q1 2025, and up 4.62% quarter-over-quarter from $116.8 million in Q4 2025.

Hinge Health (HNGE) Operating Expenses (2024 - 2026) Analysis & Trends

Hinge Health has disclosed Operating Expenses across 3 years of filings, most recently posting $122.2 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $122.2 million, up 40.26% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.0 billion (up 218.52% YoY), and the FY2025 annual result was $1.0 billion, up 205.77% from the prior year.
  • Operating Expenses came in at $122.2 million for Q1 2026 at Hinge Health, up from $116.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $678.4 million in Q2 2025 to a low of $75.2 million in Q4 2024.
  • The 3-year median for Operating Expenses is $101.9 million (2025), against an average of $172.4 million.
  • Across the five-year window, Operating Expenses surged 706.05% in 2025 and surged 40.26% in 2026, its largest moves.
  • Hinge Health's Operating Expenses stood at $75.2 million in 2024, then surged by 55.33% to $116.8 million in 2025, then grew by 4.62% to $122.2 million in 2026.
  • The last three Operating Expenses figures came in at $122.2 million (Q1 2026), $116.8 million (Q4 2025), and $132.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 388.91 Mn
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 360.77 Mn
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 153.36 Mn
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 122.16 Mn
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn 123.22 Mn
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 101.14 Mn
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 233.41 Mn
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn 596.43 Mn
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 123.51 Mn
10 Teladoc Health 1.45 Bn 696.57 Mn 562.57 Mn 675.61 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 122.16 Mn
Dec 31, 2025 116.77 Mn
Sep 30, 2025 132.29 Mn
Jun 30, 2025 678.43 Mn
Mar 31, 2025 87.10 Mn
Dec 31, 2024 75.18 Mn
Sep 30, 2024 83.10 Mn
Jun 30, 2024 84.17 Mn