Growth Metrics

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

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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