Hinge Health (HNGE) Operating Expenses (2024 - 2026)
Hinge Health recorded quarterly Operating Expenses of $122.2 million in Q1 2026, up 4.62% quarter-over-quarter from $116.8 million in Q4 2025, and up 40.26% year-over-year from $87.1 million in Q1 2025.
Hinge Health's Operating Expenses history runs 3 years deep, the most recent figure standing at $122.2 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 40.26% year-over-year to $122.2 million; the TTM figure through Mar 2026 stood at $1.0 billion (up 218.52% YoY), while the FY2025 annual figure 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.
- A 3-year average of $172.4 million and a median of $101.9 million in 2025 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses soared 706.05% in 2025 and soared 40.26% in 2026, its largest moves.
- Hinge Health's Operating Expenses stood at $75.2 million in 2024, then soared by 55.33% to $116.8 million in 2025, then increased by 4.62% to $122.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $122.2 million, $116.8 million, and $132.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 376.60 Mn |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 360.77 Mn |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 153.36 Mn |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 122.16 Mn |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 101.14 Mn |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 233.41 Mn |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 123.22 Mn |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 596.43 Mn |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 123.51 Mn |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | 675.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |