HNGE - Hinge Health, Inc.
Price:
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--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$65.82
DETAILS
HIGH:
$95.00
LOW:
$45.00
MEDIAN:
$63.00
CONSENSUS:
$65.82
UPSIDE:
19.13%
| Metric | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||
| Revenue | 182.3 | 170.7 | 154.2 | 139.1 | 123.8 | 117.3 | 100.6 | 89.8 | 82.7 | 81.5 | 81.4 | 69.8 |
| Cost of Revenue | 28.1 | 26.6 | 28.0 | 40.4 | 23.6 | 21.2 | 21.4 | 23.2 | 24.8 | 23.0 | 23.2 | 26.2 |
| Gross Profit | 154.2 | 144.2 | 126.2 | 98.7 | 100.2 | 96.1 | 79.2 | 66.6 | 57.9 | 58.5 | 58.1 | 43.6 |
| Operating Expenses | ||||||||||||
| R&D Expenses | 30.3 | 32.8 | 31.9 | 282.3 | 23.5 | 22.4 | 23.8 | 24.9 | 30.8 | 28.6 | 28.5 | 27.8 |
| SG&A Expenses | 91.8 | 83.5 | 100.4 | 398.5 | 63.6 | 52.3 | 59.3 | 59.2 | 59.6 | 60.4 | 52.0 | 53.0 |
| Other Expenses | 0 | 0.7 | 0.0 | (1.4) | 0 | 0.6 | (0.0) | 0 | (1) | 0 | 0 | 0 |
| Operating Expenses | 122.2 | 116.9 | 132.3 | 679.3 | 87.1 | 75.2 | 83.1 | 84.2 | 89.4 | 89.0 | 80.4 | 80.8 |
| Operating Income | ||||||||||||
| Operating Income | 32.1 | 27.3 | (6.1) | (580.7) | 13.1 | 20.9 | (3.8) | (17.6) | (31.4) | (30.5) | (22.3) | (37.1) |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||
| EBITDA | 32.1 | 29.7 | (5.5) | (580.1) | 13.6 | 22.7 | (3.2) | (17.0) | (30.8) | (24.5) | (16.6) | (31.7) |
| EBIT | 32.1 | 28.5 | (6.1) | (580.7) | 13.1 | 21.3 | (3.9) | (17.6) | (31.4) | (24.6) | (16.7) | (31.8) |
| Income Before Tax | 35.9 | 32.2 | (1.6) | (680.2) | 122.3 | 26.2 | 1.4 | (12.6) | (26.3) | (24.6) | (16.7) | (31.8) |
| Income Tax Expense | 0.8 | 0.1 | 0.2 | 0.3 | 1.0 | 1.0 | 1.1 | 0.4 | 0.2 | (0.4) | 0.0 | 0 |
| Net Income | 35.1 | 32.1 | (1.8) | (679.8) | 121.3 | 27.1 | 0.3 | (12.9) | (26.5) | (24.1) | (16.8) | (31.8) |
| Per Share Data | ||||||||||||
| EPS (Basic) | 0.43 | 0.39 | -0.02 | -7.38 | 1.55 | 0.35 | 0.00 | -0.19 | -0.34 | -0.31 | -0.21 | -0.41 |
| EPS (Diluted) | 0.41 | 0.37 | -0.02 | -7.38 | 1.55 | 0.35 | 0.00 | -0.14 | -0.34 | -0.31 | -0.21 | -0.41 |
| Shares Outstanding | 78.6 | 79.5 | 78.9 | 78.0 | 78.0 | 78.0 | 78.0 | 68.5 | 78.0 | 78.0 | 78.0 | 78.0 |
| Metric | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 188.1 | 208.0 | 261.3 | 237.2 | 288.5 | 302.6 | 0 |
| Short-Term Investments | 129.2 | 155.9 | 218.7 | 176.1 | 182.3 | 165.8 | 0 |
| Net Receivables | 114.9 | 66.1 | 86.8 | 99.3 | 75.9 | 42.5 | 0 |
| Inventory | 14.2 | 15.6 | 13.8 | 14.0 | 12.8 | 24.9 | 0 |
| Other Current Assets | 59.2 | 57.4 | 53.3 | 45.5 | 44.0 | 5.1 | (423.4) |
| Total Current Assets | 505.5 | 533.9 | 658.9 | 598.4 | 618.3 | 564.8 | 0 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 17.3 | 17.4 | 16.1 | 16.3 | 15.8 | 17.0 | 0 |
| Goodwill | 64.1 | 64.1 | 64.1 | 64.1 | 64.1 | 61.6 | 0 |
| Intangible Assets | 2.3 | 2.5 | 2.7 | 3.0 | 3.2 | 1.8 | 0 |
| Long-Term Investments | 89.8 | 113.2 | 15.1 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 49.8 | 13.7 | 12.9 | 11.8 | 11.2 | 27.0 | 0 |
| Total Non-Current Assets | 223.2 | 210.9 | 110.9 | 95.2 | 94.3 | 110.6 | 0 |
| Total Assets | 728.8 | 744.8 | 769.8 | 693.7 | 712.5 | 675.5 | 0 |
| Current Liabilities | |||||||
| Account Payables | 69.5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 4.2 | 0 | 0 | 0 | 0 | 3.8 | 0 |
| Deferred Revenue | 340.8 | 300.9 | 299.7 | 0 | 217.3 | 217.6 | 0 |
| Other Current Liabilities | 0 | 11.5 | 15.1 | 282.9 | 6.7 | 17.8 | 0 |
| Total Current Liabilities | 414.5 | 362.4 | 357.1 | 314.1 | 267.5 | 249.3 | 0 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 7.3 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 2.2 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | (7.3) | (427.3) |
| Total Non-Current Liabilities | 2.7 | 3.8 | 4.9 | 5.9 | 6.2 | 9.5 | (427.3) |
| Total Liabilities | 417.2 | 366.2 | 361.9 | 320.0 | 273.7 | 258.8 | (427.3) |
| Stockholders' Equity | |||||||
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | (1,015.9) | (1,051.0) | (1,083.1) | (1,081.2) | (505.6) | (522.7) | 0 |
| Accumulated Other Comprehensive Income | (0.3) | (0.0) | 0.1 | (0.0) | 0.0 | 0.1 | (424.0) |
| Total Stockholders' Equity | 311.6 | 378.5 | 407.9 | 373.7 | 438.8 | 416.7 | 427.3 |
| Total Liabilities & Equity | 728.8 | 744.8 | 769.8 | 693.7 | 712.5 | 675.5 | 0 |
| Debt Metrics | |||||||
| Total Debt | 7.0 | 8.0 | 9.0 | 10.0 | 10.1 | 18.3 | 0 |
| Net Debt | (181.1) | (200.0) | (252.3) | (227.2) | (278.4) | (284.3) | 0 |
| Metric | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Net Income | 35.1 | 32.1 | (1.8) | (575.7) | 17.1 | 27.1 | 0.3 | (12.9) | (26.5) |
| Depreciation & Amortization | 1.3 | 1.2 | 0 | 1.3 | 1.3 | 1.4 | 8.9 | 1.6 | 1.6 |
| Stock-Based Compensation | 11.7 | 17.2 | 0 | 591.0 | 0.0 | 0.0 | 0.1 | 0.3 | 0.3 |
| Change in Working Capital | (22.2) | (1.3) | 34.0 | (10.2) | (24.5) | (1.2) | (5.6) | 15.0 | (16.9) |
| Other Non-Cash Items | 17.1 | 14.8 | 50.2 | 13.7 | 11.0 | 11.6 | 24.7 | 11.0 | 8.8 |
| Operating Cash Flow | 43.1 | 63.9 | 82.4 | 20.2 | 4.9 | 38.3 | 28.4 | 14.9 | (32.7) |
| Investing Activities | |||||||||
| Capital Expenditure | (0.1) | (0.4) | (1.1) | (1.8) | (0.8) | (1.0) | (0.3) | (0.9) | (0.9) |
| Acquisitions | 0 | 0 | 0 | 0 | (4) | 0 | 0 | 0 | 0 |
| Purchases of Investments | (59.0) | (154.1) | (142.9) | (85.1) | (90.2) | (83.3) | 0 | (84.5) | (76.3) |
| Sales/Maturities of Investments | 108.6 | 118.8 | 85.3 | 91.0 | 73.6 | 81.2 | 0 | 88.1 | 93.5 |
| Other Investing Activities | (1.4) | (2.0) | 0 | 0 | (0.7) | (0.9) | 2.8 | (0.5) | (0.8) |
| Investing Cash Flow | 48.1 | (37.7) | (58.8) | 4.0 | (21.3) | (3.1) | 2.5 | 2.7 | 16.2 |
| Financing Activities | |||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 4.9 | 0 | 0 | 0 | 0 |
| Stock Repurchased | (105.0) | (65.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (8.3) | (23.3) | 0 | (331.4) | (0.8) | (2.3) | (0.0) | 0.1 | 0.1 |
| Financing Cash Flow | (112.8) | (79.5) | 0.5 | (75.6) | 4.1 | (2.3) | (0.0) | 0.1 | 0.1 |
| Cash Position | |||||||||
| Net Change in Cash | (21.7) | (53.3) | 24.2 | (51.3) | (12.3) | 32.9 | 30.9 | 17.7 | (16.4) |
| Cash at Beginning | 209.8 | 263.1 | 239.0 | 288.5 | 302.6 | 269.7 | 238.8 | 221.1 | 237.5 |
| Cash at End | 188.1 | 209.8 | 263.1 | 237.2 | 290.3 | 302.6 | 269.7 | 238.8 | 221.1 |
| Free Cash Flow | 43 | 63.5 | 81.3 | 18.4 | 4.2 | 37.3 | 28.1 | 14.0 | (33.6) |
| Key Metrics | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||
| Revenue | 182.3 | 170.7 | 154.2 | 139.1 | 123.8 | 117.3 | 100.6 | 89.8 | 82.7 | 81.5 | 81.4 | 69.8 |
| Gross Profit | 154.2 | 144.2 | 126.2 | 98.7 | 100.2 | 96.1 | 79.2 | 66.6 | 57.9 | 58.5 | 58.1 | 43.6 |
| Operating Income | 32.1 | 27.3 | (6.1) | (580.7) | 13.1 | 20.9 | (3.8) | (17.6) | (31.4) | (30.5) | (22.3) | (37.1) |
| Net Income | 35.1 | 32.1 | (1.8) | (679.8) | 121.3 | 27.1 | 0.3 | (12.9) | (26.5) | (24.1) | (16.8) | (31.8) |
| EPS (Diluted) | 0.41 | 0.37 | -0.02 | -7.38 | 1.55 | 0.35 | 0.00 | -0.14 | -0.34 | -0.31 | -0.21 | -0.41 |
| Balance Sheet | ||||||||||||
| Cash & Equivalents | 188.1 | 208.0 | 261.3 | 237.2 | 288.5 | 302.6 | 0 | |||||
| Total Assets | 728.8 | 744.8 | 769.8 | 693.7 | 712.5 | 675.5 | 0 | |||||
| Total Debt | 7.0 | 8.0 | 9.0 | 10.0 | 10.1 | 18.3 | 0 | |||||
| Stockholders' Equity | 311.6 | 378.5 | 407.9 | 373.7 | 438.8 | 416.7 | 427.3 | |||||
| Cash Flow | ||||||||||||
| Operating Cash Flow | 43.1 | 63.9 | 82.4 | 20.2 | 4.9 | 38.3 | 28.4 | 14.9 | (32.7) | |||
| Capital Expenditure | (0.1) | (0.4) | (1.1) | (1.8) | (0.8) | (1.0) | (0.3) | (0.9) | (0.9) | |||
| Free Cash Flow | 43 | 63.5 | 81.3 | 18.4 | 4.2 | 37.3 | 28.1 | 14.0 | (33.6) | |||