Hinge Health (HNGE) Operating Expenses (2024 - 2026)
Hinge Health's Operating Expenses came in at $143.51 million for Q2 2026, down 78.8% from $678.43 million a year earlier but up 17.5% from the prior quarter.
Hinge Health (HNGE) Operating Expenses (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Hinge Health reported Operating Expenses of $514.74 million, down 44.3% year-over-year; for FY2025, it came in at $1.01 billion, up 205.8% from FY2024.
- Going back by year, Operating Expenses was $331.81 million in FY2024 (+2.2%) and $324.69 million in FY2023.
- The five-year range for quarterly Operating Expenses is $75.18 million (Q4 2024) to $678.43 million (Q2 2025).
- Year-over-year, Operating Expenses increased in four of the last five quarters, with growth averaging 156.4%.
- Business Quant data shows HNGE's Operating Expenses at $122.16 million (Q1 2026), $116.77 million (Q4 2025) and $132.29 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 17.74 Bn |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | 828.54 Mn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 2.58 Bn |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 582.30 Mn |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | 464.10 Mn |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | - |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 458.40 Mn |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 1.31 Bn |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 2.98 Bn |
| 10 | Hinge Health | 7.41 Bn | 5.86 Bn | 183.95 Mn | 143.51 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 143.51 Mn |
| 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 |
Hinge Health Operating Expenses 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=operating-expenses&ticker=HNGE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=HNGE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();