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Hinge Health, Inc.

HNGE

Hinge Health is a digital health company that provides a technology-driven platform for the treatment and prevention of musculoskeletal (MSK) pain.

Market cap
$5.37B+59.9%

Earnings

Next report

Aug 4, 2026 (in a month)
Revenue estimate$199.0M
EPS estimate$0.58

Financials

Q1 2026

Income statement

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Revenue$182.3M+47.2%
Gross profit$154.2M+53.9%
Operating income$32.1M+144%
Net income$35.1M+105%
EPS (diluted)$0.41-68.7%

Balance sheet

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Cash & equivalents$188.1M-35.2%
Total debt$7.0M
Total equity$111.7M+136%
Total assets$728.8M

Cash flow

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Operating cash flow$43.1M+775%
CapEx$83.0K+62.7%
Free cash flow$43.0M+782%

Valuation & ratios

Valuation

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Market cap$5.37B
Enterprise value$5.19B
P/S8.3×

Profitability

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Gross margin80.8%+1.5pp
Operating margin-85.8%
Net margin-83.9%
FCF margin32.3%

Returns & leverage

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Return on equity551.8%
Debt / equity0.1×
Current ratio1.3×

Segments

By segment

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Reportable Segment$182.3M+47.2%

Competitors

Profile

Hinge Health is a digital health company that provides a technology-driven platform for the treatment and prevention of musculoskeletal (MSK) pain. The company leverages AI-powered motion tracking and wearable devices to automate physical therapy and clinical care, aiming to reduce surgical interventions and healthcare costs for large-scale organizations.

Competitive position

A leading provider of digital MSK solutions characterized by a highly scalable AI-led delivery model that significantly reduces human-hour requirements compared to traditional physical therapy.

GeographiesUnited States
Customer segmentsEnterprise, Government, Insurance Carriers
Business modelB2B2C, Subscription SaaS, Recurring revenue
SuppliersHardware component manufacturers, Cloud infrastructure providers, Licensed clinical professionals, AI and machine learning software developers
CustomersSelf-insured Fortune 500 companies, State and local governments, Health insurance plan members, Medicare beneficiaries
Listed2025
CEODaniel A. Perez
FilingsSEC EDGAR

Questions, answered.

What is Hinge Health, Inc.'s market cap?
Hinge Health, Inc. (HNGE) has a market capitalization of $5.4B and trades on NYSE.
What is Hinge Health, Inc.'s revenue and profitability?
Hinge Health, Inc. generated $646.3M in trailing twelve-month revenue with a net loss of $542.4M, representing a net margin of -83.9%. Gross margin stands at 80.8%, with free cash flow of $208.9M. These figures are based on the Q1 2026 filing.
Who are Hinge Health, Inc.'s competitors?
Hinge Health, Inc.'s key competitors include Teladoc Health, DarioHealth, GLOBUS MEDICAL INC, and others. These companies compete in similar markets and product categories.
Who does Hinge Health, Inc. partner with?
Hinge Health, Inc.'s notable partners include UnitedHealth Group, CVS Health, Cigna, and others.
Where is Hinge Health, Inc. headquartered?
Hinge Health, Inc. is headquartered in United States of America. It has been publicly traded since 2025.