Hinge Health (HNGE) Research & Development (2024 - 2026)

Hinge Health's (HNGE) quarterly Research & Development came in at $30.3 million in Q1 2026, up 29.1% year-on-year from $23.5 million in Q1 2025, and down 7.38% quarter-over-quarter from $32.8 million in Q4 2025.

Hinge Health (HNGE) Research & Development (2024 - 2026) Analysis & Trends

Hinge Health has disclosed Research & Development across 3 years of filings, most recently posting $30.3 million for Q1 2026.

  • Research & Development for Q1 2026 came in at $30.3 million, up 29.1% year-over-year; the trailing twelve-month figure through Mar 2026 was $375.0 million (up 296.49% YoY), and the FY2025 annual result 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.
  • The 3-year median for Research & Development is $27.6 million (2024), against an average of $58.7 million.
  • Across the five-year window, Research & Development jumped 1023.44% in 2025 and climbed 29.1% in 2026, its largest moves.
  • Hinge Health's Research & Development stood at $22.4 million in 2024, then surged by 46.42% to $32.8 million in 2025, then fell by 7.38% to $30.3 million in 2026.
  • The last three Research & Development figures came in at $30.3 million (Q1 2026), $32.8 million (Q4 2025), and $31.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Veeva Systems 26.11 Bn 18.79 Bn 662.02 Mn 208.32 Mn
2 BrightSpring Health Services 12.95 Bn 12.07 Bn 482.22 Mn -
3 Healthequity 7.46 Bn 7.19 Bn 256.31 Mn 67.77 Mn
4 Hinge Health 5.15 Bn 4.83 Bn 154.23 Mn 30.34 Mn
5 Doximity 3.75 Bn 3.00 Bn 125.97 Mn 39.11 Mn
6 10x Genomics 3.69 Bn 3.15 Bn 106.18 Mn 56.85 Mn
7 Waystar Holding 3.61 Bn 3.45 Bn 268.04 Mn 18.37 Mn
8 Privia Health 2.90 Bn 2.54 Bn 595.71 Mn -
9 Omnicell 1.72 Bn 1.54 Bn 140.36 Mn 21.52 Mn
10 Teladoc Health 1.31 Bn 562.23 Mn 562.57 Mn 67.87 Mn

Historic Data

Download Data
DateValue
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