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Hims & Hers Health HIMS Purchases of capped calls related to convertible senior notes

Discontinued — last reported Q4 '25

Purchases of capped calls related to convertible senior notes at other companies

DexCom logo
DexComDXCM
$0
Unity Software logo
Unity SoftwareU
$0-100%
Tempus AI, Inc. logo
Tempus AI, Inc.TEM
$10.44M
Super Micro Computer, Inc. logo
Super Micro Computer, Inc.SMCI
$182.22M+413%
Rubrik logo
RubrikRBRK
$22.14M
CoreWeave, Inc.
 logo
CoreWeave, Inc. CRWV
$85M

Other financials

Income statement

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Revenue$608.1M+3.8%
Gross profit$396.8M-7.9%
Operating income-$78.3M-235%
Net income-$92.1M-286%
EPS (diluted)-$0.40-300%

Balance sheet

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Cash & equivalents$222.3M-19.2%
Total debt$157.9M+149%
Total equity$446.2M-18.8%
Total assets$2.3B+154%

Cash flow

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Operating cash flow$89.4M-18.1%
CapEx$8.8M-19.9%
Free cash flow$80.5M-17.9%

Valuation

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Market cap$8.21B-27.9%
Enterprise value$8.15B-26.5%
P/S3.5×-2.9×

Profitability

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Gross margin71.7%-5.3pp
Operating margin-1.3%-7.5pp
Net margin-0.6%-9.8pp
FCF margin11.9%-5.8pp

Returns & leverage

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Return on equity-2.7%-39.4pp
Debt / equity0.4×+0.2×
Current ratio1.7×+0.1×

Where this comes from

Reported directly by Hims & Hers Health in its filing.

Tagged under the XBRL concept hims:CashPaidCappedCalls.

The official record: Hims & Hers Health’s 10-K, filed February 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hims & Hers Health's purchases of capped calls related to convertible senior notes?
Hims & Hers Health (HIMS) reported purchases of capped calls related to convertible senior notes of -$11.95M in Q4 2025.
What does purchases of capped calls related to convertible senior notes mean?
Cash spent on financial derivatives to hedge convertible debt.
How do you interpret purchases of capped calls related to convertible senior notes?
Indicates a strategic effort to protect existing shareholders from dilution associated with convertible debt instruments.
How does purchases of capped calls related to convertible senior notes compare across companies?
Specific to companies utilizing convertible debt structures; common in tech and high-growth sectors.