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Hinge Health HNGE Q2 2026 earnings

Reported August 4, 2026 · After market close

Revenue$212.8MBeat by $11.4M
EPS$0.59Miss by $0.03
Revenue estimate$201.5M
EPS estimate$0.62
We delivered another strong quarter ahead of expectations, generating $213 million in revenue with 53% year-over-year growth, while more than tripling free cash flow from a year ago. This quarter's outperformance was driven by continued high member conversion and reflects our ability to deliver a great experience, improve member outcomes and lower client costs. We also announced the acquisition of Cylinder Health today, marking our entry into gastrointestinal (GI) care. Combined with the strength of our core musculoskeletal care programs and the rapid adoption of our Migraine Care Program, our expansion into GI is another step toward our vision of building a durable, multi-condition platform to automate the delivery of care. Building on this momentum, we're raising our revenue and profitability expectations for the remainder of 2026, and are confident in our trajectory for 2027.
Daniel Perez

Next report

Nov 3, 2026 (in 3 months)
Revenue estimate$220.9M
EPS estimate$0.67

Financials

Q2 2026

Income statement

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Revenue$212.8M+53.0%
Gross profit$183.9M+88.2%
Operating income$40.4M+107%
Net income$43.7M+108%
EPS (diluted)$0.52+104%

Balance sheet

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Cash & equivalents$287.7M+20.4%
Total debt$5.9M-40.9%
Total equity$344.3M+98.1%
Total assets$827.4M+19.3%

Cash flow

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Operating cash flow$101.4M+401%
CapEx$123.0K-37.6%
Free cash flow$101.3M+406%

Valuation & ratios

Valuation

as of 08/07/26
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Market cap$6.2B+31.2%
Enterprise value$5.91B+31.6%
P/E80.5×
P/S8.6×-1.2×

Profitability

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Gross margin84.5%+6.8pp
Operating margin9.2%
Net margin10.7%
FCF margin40.3%+21.3pp

Returns & leverage

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Return on equity29.7%
Debt / equity0.0×
Current ratio1.3×-0.6×

Segments

By segment

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Reportable Segment$212.8M+53.0%

FAQ

When did Hinge Health report Q2 2026 earnings?
Hinge Health (HNGE) reported Q2 2026 earnings on August 4, 2026 after market close.
What were Hinge Health's Q2 2026 revenue and EPS?
Hinge Health reported revenue of $212.8M and eps of $0.59 for Q2 2026.
Did Hinge Health beat estimates in Q2 2026?
Revenue beat the consensus estimate of $201.5M by $11.4M. EPS missed the consensus estimate of $0.61 by $0.03.
How did Hinge Health's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 53.0% from $139.1M a year earlier and eps declined 11.9% from $0.67.
Where can I find Hinge Health's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001628280-26-052558) and the 10-Q periodic report (0001628280-26-054327) directly on SEC EDGAR. The filing index links above go to sec.gov.