Hinge Health, Inc. income statement

In fiscal 2025, Hinge Health, Inc. reported revenue of $588m, up 50.6% on the year before, operating income of −$546m (a -92.9% margin) and net income of −$528m, or −$7.77 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Hinge Health, Inc.: income statement, annual
Fiscal year	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	293	390	588	720
Cost of revenue	99	91	120	112
Gross profit	194	300	468	608
Research and development	110	101	368	129
Selling and marketing	148	167	317	273
General and administrative	67	64	330	112
Operating income	−131	−32	−546	94
Provision for credit losses	5	5	3	2
Income before tax	−109	−11	−527	111
Income tax	−0	1	1	2
Net income	−108	−12	−528	109
Diluted EPS	−$2.08	−$0.22	−$7.77	—
Diluted shares (average)	52m	54m	55m	—
EBITDA	−125	−26	−541	97

US$ millions unless shown otherwise. Fiscal quarters.

Hinge Health, Inc.: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	101	117	124	139	154	171	182	213
Cost of revenue	21	21	24	41	28	27	28	29
Gross profit	79	96	100	98	126	144	154	184
Research and development	24	22	23	280	32	33	30	34
Selling and marketing	45	35	47	147	64	59	69	81
General and administrative	15	17	17	251	37	25	23	28
Operating income	−4	21	13	−581	−6	27	32	40
Provision for credit losses	1	1	1	2	1	−0	0	2
Income before tax	1	26	18	−576	−2	32	36	44
Income tax	1	−1	1	−0	0	0	1	1
Net income	0	27	17	−576	−2	32	35	44
Diluted EPS	$0.02	$4.02	$2.62	−$13.10	−$0.02	$2.11	$0.41	$0.52
EBITDA	−3	22	14	−580	−6	28	33	41

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Hinge Health, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Hinge Health, Inc.