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Other financials

Income statement

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Revenue$608.1M+3.8%
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$7.33B-36.6%
Enterprise value$7.26B-30.9%
P/S3.1×-2.6×

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

Calculated from Hims & Hers Health’s reported figures.

The source filing: Hims & Hers Health’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 4:15 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001773751-26-000076
Line itemThree Months Ended March 31, 20262025
Revenue$608,104$586,010
Cost of revenue211,317155,321
Gross profit396,787430,689
Operating expenses:
Marketing222,003231,235
Operations and support96,50363,033
Technology and development46,93629,914
General and administrative109,66848,610

Item 1. Financial Statements

FAQ

What is Hims & Hers Health's gross profit?
Hims & Hers Health (HIMS) reported gross profit of $396.79M in Q1 2026.
How has Hims & Hers Health's gross profit changed year-over-year?
Hims & Hers Health's gross profit decreased by 7.9% year-over-year, from $430.69M to $396.79M.
What is the long-term trend for Hims & Hers Health's gross profit?
Over 4 years (2021 to 2025), Hims & Hers Health's gross profit has grown at a 70.6% compound annual growth rate (CAGR), from $204.49M to $1.73B.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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