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Hinge Health HNGE Montreal, Canada — Net rentable area

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Other financials

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

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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×

Where this comes from

Reported directly by Hinge Health in its filing.

Tagged under the XBRL concept us-gaap:NetRentableArea.

The source filing: Hinge Health’s 10-K, filed March 3, 2026.

Filed
Mar 3, 2026, 4:11 PM EST
Fiscal year
FY2025
Accession
0001628280-26-013808

The Company leases office spaces under non-cancelable operating lease agreements. These leases have remaining lease terms of approximately one to five years, which represent the non-cancellable periods of the leases. Lease payments consist primarily of fixed rental payments for the right to use the underlying leased assets over the lease terms as well as variable payments for common area maintenance and administrative services. Variable lease costs were immaterial for the years ended December 31, 2025, 2024, and 2023. The Company has also received certain incentives from landlords, such as reimbursements for tenant improvements and rent abatement periods, which effectively reduce the total lease payments owed for these leases. The Company’s leases are classified as operating leases. The Company entered into an operating lease for 10,287 square feet in Montreal, Canada which commenced on April 1, 2025. This lease terminates in October 2030.

Item 8. Financial Statements and Supplementary Data

FAQ

What is Hinge Health's montreal, canada — net rentable area?
Hinge Health (HNGE) reported montreal, canada — net rentable area of $10.29K in Q4 2025.
What does montreal, canada — net rentable area mean?
This metric represents the total square footage of office or operational space leased or owned by the company within the Montreal, Canada geographic region. It serves as a proxy for the company's physical footprint and operational capacity in this specific market. Monitoring this area helps investors assess regional infrastructure investment and potential overhead costs associated with local business operations.

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