Hinge Health (HNGE) Research & Development (2024 - 2026)
Hinge Health recorded quarterly Research & Development of $30.3 million in Q1 2026, down 7.38% quarter-over-quarter from $32.8 million in Q4 2025, and up 29.1% year-over-year from $23.5 million in Q1 2025.
Hinge Health's Research & Development history runs 3 years deep, the most recent figure standing at $30.3 million for Q1 2026.
- In Q1 2026, Research & Development rose 29.1% year-over-year to $30.3 million; the TTM figure through Mar 2026 stood at $375.0 million (up 296.49% YoY), while the FY2025 annual figure was $368.1 million, up 265.07% from the prior year.
- Research & Development came in at $30.3 million for Q1 2026 at Hinge Health, down from $32.8 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $280.0 million in Q2 2025 to a low of $22.4 million in Q4 2024.
- A 3-year average of $58.7 million and a median of $27.6 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development surged 1023.44% in 2025 and grew 29.1% in 2026, its largest moves.
- Hinge Health's Research & Development stood at $22.4 million in 2024, then soared by 46.42% to $32.8 million in 2025, then retreated by 7.38% to $30.3 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $30.3 million, $32.8 million, and $31.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 198.79 Mn |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | - |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 67.77 Mn |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 30.34 Mn |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 39.11 Mn |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 18.37 Mn |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 56.85 Mn |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | - |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 21.52 Mn |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | 67.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.34 Mn |
| Dec 31, 2025 | 32.76 Mn |
| Sep 30, 2025 | 31.92 Mn |
| Jun 30, 2025 | 279.96 Mn |
| Mar 31, 2025 | 23.50 Mn |
| Dec 31, 2024 | 22.37 Mn |
| Sep 30, 2024 | 23.79 Mn |
| Jun 30, 2024 | 24.92 Mn |