Hinge Health (HNGE) Research & Development (2024 - 2026)
Hinge Health (HNGE) recorded Research & Development of $34.06 million in Q2 2026, down 87.8% from $279.96 million a year earlier but up 12.3% from the prior quarter.
Powered by 
Analysis
Hinge Health (HNGE) Research & Development (2024 - 2026) Analysis & Trends
On a TTM basis, Hinge Health's Research & Development came in at $129.07 million as of Jun 30, 2026, down 63.1% year-over-year; for FY2025, it was $368.14 million, up 265.1% from FY2024.
- Across earlier years, Research & Development came in at $100.84 million in FY2024 (-8.4%) and $110.06 million in FY2023.
- Quarterly Research & Development has ranged from $22.37 million in Q4 2024 to $279.96 million in Q2 2025 over the past five years.
- On a year-over-year basis, Research & Development rose in three of the last four quarters, with growth averaging 5.5%.
- Per Business Quant, the preceding three quarters came in at $30.34 million (Q1 2026), $32.76 million (Q4 2025) and $31.92 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | - |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | 228.07 Mn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | - |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | - |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | 96.53 Mn |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | - |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 52.64 Mn |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | - |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | - |
| 10 | Hinge Health | 7.41 Bn | 5.86 Bn | 183.95 Mn | 34.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.06 Mn |
| 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 |
API Access
Hinge Health Research & Development 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=research-and-development&ticker=HNGE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=HNGE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();