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| 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 |