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Hinge Health, Inc. HNGE Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin80.8%+1.5pp79.6%+2.8pp78.6%+5.8pp77.7%+8.1pp79.3%+11.9pp
Operating margin-85.8%-97.6%
Net margin-83.9%-95.3%
EBITDA margin-85%-96.7%
Free cash flow margin32.3%29%27.2%19%
Efficiency
Inventory turnover15.4×
Liquidity
Current ratio1.3×1.5×-0.9×1.8×1.9×
Quick ratio1.3×1.4×-0.9×1.8×1.9×
Cash ratio0.5×0.6×-0.6×0.7×0.8×
Leverage
Debt-to-equity0.1×0.1×
Debt-to-assets0.0×
Per Share
Book value per share$1.36+141%$3.27+110%$2.64+109%$3.96+112%-$3.32
Valuation
Market capitalization$3.04B$3.66B$3.85B$3.66B
Enterprise value$2.86B$3.45B$3.6B$3.43B
Price / sales4.7×6.2×7.2×7.6×
Price / book27.2×20.5×18.5×21.1×
EV / sales4.4×5.9×6.7×7.1×
Free cash flow yield6.9%4.7%3.8%2.5%
Earnings yield-17.9%-15.3%

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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.