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Hims & Hers Health HIMS Technology and development

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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$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

Reported directly by Hims & Hers Health in its filing.

Tagged under the XBRL concept hims:TechnologyAndDevelopmentExpense.

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
Operating expenses:
Marketing222,003231,235
Operations and support96,50363,033
Technology and development46,93629,914
General and administrative109,66848,610
Total operating expenses475,110372,792
(Loss) income from operations(78,323)57,897
Other (expense) income:

Item 1. Financial Statements

FAQ

What is Hims & Hers Health's technology and development?
Hims & Hers Health (HIMS) reported technology and development of $46.94M in Q1 2026.
How has Hims & Hers Health's technology and development changed year-over-year?
Hims & Hers Health's technology and development increased by 56.9% year-over-year, from $29.91M to $46.94M.
What is the long-term trend for Hims & Hers Health's technology and development?
Over 3 years (2022 to 2025), Hims & Hers Health's technology and development has grown at a 72.2% compound annual growth rate (CAGR), from $29.24M to $149.3M.
What does technology and development mean?
Technology and development expenses include investments in research, software engineering, and product innovation. These costs are primarily driven by the need to enhance platform capabilities and maintain a competitive technological edge.

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