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Hinge Health HNGE Total Operating Expenses

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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:OperatingExpenses.

The source filing: Hinge Health’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:14 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054327
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Research and development34,057279,96264,395303,462
Sales and marketing81,408147,228150,210193,944
General and administrative28,044251,24451,068268,125
Total operating expenses143,509678,434265,673765,531
Income (loss) from operations40,440(580,671)72,509(567,535)
Other income:
Other income, net3,9904,6947,8639,695
Net income (loss) before income taxes44,430(575,977)80,372(557,840)

Item 1. Financial Statements (Unaudited)

FAQ

What is Hinge Health's total operating expenses?
Hinge Health (HNGE) reported total operating expenses of $143.51M in Q2 2026.
How has Hinge Health's total operating expenses changed year-over-year?
Hinge Health's total operating expenses decreased by 78.8% year-over-year, from $678.43M to $143.51M.
What is the long-term trend for Hinge Health's total operating expenses?
Over 2 years (2023 to 2025), Hinge Health's total operating expenses has grown at a 76.8% compound annual growth rate (CAGR), from $324.69M to $1.01B.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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