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Hims & Hers Health HIMS Operating margin

Operating margin at other companies

Amazon logo
AmazonAMZN
11.5%+0.5pp
Kenvue logo
KenvueKVUE
17.2%+5.1pp
Cardinal Health logo
Cardinal HealthCAH
0.9%-0.1pp
Procter & Gamble logo
Procter & GamblePG
23.2%-0.6pp
BrightSpring Health Services, Inc. logo
BrightSpring Health Services, Inc.BTSG
2.7%+1.1pp
CVS Health logo
CVS HealthCVS
1.5%-1.1pp

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
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.

Based on trailing twelve months.

The official record: Hims & Hers Health’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hims & Hers Health's operating margin?
Hims & Hers Health (HIMS) reported operating margin of -1.3% in Q1 2026.
How has Hims & Hers Health's operating margin changed year-over-year?
Hims & Hers Health's operating margin decreased by 121.0% year-over-year, from 6.2% to -1.3%.
What is the long-term trend for Hims & Hers Health's operating margin?
Over 5 years (2020 to 2025), Hims & Hers Health's operating margin has grown at a -15.1% compound annual growth rate (CAGR), from -10.2% to 4.5%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.