Hinge Health (HNGE) Research & Development (2024 - 2026)
Hinge Health's (HNGE) quarterly Research & Development came in at $81.4 million in Q2 2026, down 70.92% year-over-year from $280.0 million in Q2 2025, and up 18.32% quarter-over-quarter from $68.8 million in Q1 2026.
Analysis
Hinge Health (HNGE) Research & Development (2024 - 2026) Analysis & Trends
Hinge Health has disclosed Research & Development across 3 years of filings, most recently posting $81.4 million for Q2 2026.
- In Q2 2026, Research & Development fell 70.92% year-over-year to $81.4 million; the TTM figure through Jun 2026 stood at $246.5 million (down 39.39% YoY), while the FY2025 annual figure was $368.1 million, up 120.36% from the prior year.
- Research & Development came in at $81.4 million for Q2 2026 at Hinge Health, up from $68.8 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 $32.8 million in Q4 2025.
- Average Research & Development over 3 years is $77.6 million, with a median of $46.7 million recorded in 2025.
- Year-over-year, Research & Development surged 523.61% in 2025 and plunged 70.92% in 2026.
- Over 3 years, Research & Development stood at $35.5 million in 2024, then slipped by 7.6% to $32.8 million in 2025, then soared by 148.54% to $81.4 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $81.4 million in Q2 2026, $68.8 million in Q1 2026, and $32.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hinge Health | 7.41 Bn | 7.03 Bn | 183.95 Mn | 81.41 Mn |
| 2 | Hims & Hers Health | 6.47 Bn | 5.63 Bn | 480.80 Mn | 54.90 Mn |
| 3 | Ethos Technologies | 2.54 Bn | 2.37 Bn | 185.54 Mn | 128.09 Mn |
| 4 | Omada Health | 1.38 Bn | 1.16 Bn | 63.79 Mn | 29.89 Mn |
| 5 | Teladoc Health | 1.14 Bn | 366.41 Mn | 416.09 Mn | 62.86 Mn |
| 6 | Talkspace | 870.58 Mn | 779.48 Mn | 24.80 Mn | 14.66 Mn |
| 7 | Akso Health | 259.44 Mn | 259.25 Mn | - | - |
| 8 | LifeMD | 147.29 Mn | 147.29 Mn | - | - |
| 9 | eHealth | 31.71 Mn | -69.34 Mn | - | 11.30 Mn |
| 10 | Mangoceuticals | 7.39 Mn | 7.14 Mn | 44,215.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 81.41 Mn |
| Mar 31, 2026 | 68.80 Mn |
| Dec 31, 2025 | 32.76 Mn |
| Sep 30, 2025 | 63.52 Mn |
| Jun 30, 2025 | 279.96 Mn |
| Mar 31, 2025 | 46.72 Mn |
| Dec 31, 2024 | 35.45 Mn |
| Sep 30, 2024 | 44.57 Mn |
| Jun 30, 2024 | 44.89 Mn |