Hinge Health (HNGE) Operating Margin (2024 - 2026)
Hinge Health's Operating Margin came in at 19.00% for Q2 2026, up 436.46 percentage points from -417.45% a year earlier and up 1.41 percentage points from the prior quarter.
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Analysis
Hinge Health (HNGE) Operating Margin (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Hinge Health reported Operating Margin of 13.01%, up 127.50 percentage points year-over-year; for FY2025, it was -92.94%, down 84.77 percentage points from FY2024.
- Going back by year, Operating Margin was -8.17% in FY2024 (+36.41 pp) and -44.59% in FY2023.
- The Q2 2026 figure represents the highest quarterly Operating Margin in data going back to Q2 2024.
- Year-over-year, Operating Margin increased in two of the last five quarters, with an average year-over-year change of +8.71 percentage points.
- Business Quant data shows HNGE's Operating Margin at 17.59% (Q1 2026), 15.96% (Q4 2025) and -3.95% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | - |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | -10.07% |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 15.08% |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 12.10% |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | -38.55% |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 26.67% |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | -19.85% |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | - |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 16.29% |
| 10 | Hinge Health | 7.41 Bn | 5.86 Bn | 183.95 Mn | 19.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.00% |
| Mar 31, 2026 | 17.59% |
| Dec 31, 2025 | 15.96% |
| Sep 30, 2025 | -3.95% |
| Jun 30, 2025 | -417.45% |
| Mar 31, 2025 | 10.61% |
| Dec 31, 2024 | 17.83% |
| Sep 30, 2024 | -3.82% |
| Jun 30, 2024 | -19.54% |
API Access
Hinge Health Operating Margin 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-margin&ticker=HNGE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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-margin&ticker=HNGE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();