Skip to content

Hinge Health, Inc. HNGE Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin80.8%+1.1pp79.6%+1.0pp78.6%+1.0pp77.7%-1.6pp79.3%+2.5pp
Operating margin-85.8%+11.8pp-97.6%
Net margin-83.9%+11.4pp-95.3%
EBITDA margin-85%+11.7pp-96.7%
Free cash flow margin32.3%+3.3pp29%+1.8pp27.2%+8.3pp19%
Efficiency
Inventory turnover15.4×+6.4×
Liquidity
Current ratio1.3×-0.2×1.5×-0.4×1.8×-0.1×1.9×
Quick ratio1.3×-0.2×1.4×-0.4×1.8×-0.1×1.9×
Cash ratio0.5×-0.1×0.6×-0.2×0.7×0.0×0.8×
Leverage
Debt-to-equity0.1×0.0×0.0×0.0×0.1×
Debt-to-assets0.0×0.0×0.0×
Per Share
Book value per share$1.36-58.6%$3.27+24.1%$2.64-33.3%$3.96+219%-$3.32+89.6%
Valuation
Market capitalization$3.04B-16.9%$3.66B-5.0%$3.85B+5.2%$3.66B
Enterprise value$2.86B-17.3%$3.45B-4.0%$3.6B+4.8%$3.43B
Price / sales4.7×-1.5×6.2×-1.0×7.2×-0.4×7.6×
Price / book27.2×+6.7×20.5×+2.0×18.5×-2.6×21.1×
EV / sales4.4×-1.5×5.9×-0.9×6.7×-0.4×7.1×
Free cash flow yield6.9%+2.2pp4.7%+0.9pp3.8%+1.3pp2.5%
Earnings yield-17.9%-2.5pp-15.3%

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

What are Hinge Health, Inc.'s profit margins?
Hinge Health, Inc. (HNGE) runs a 80.8% gross margin and a -85.8% operating margin, with a -83.9% net margin.
Where do Hinge Health, Inc.'s ratios come from?
Every ratio is computed from Hinge Health, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.