Hinge Health Q2 revenue jumps 53%, beats estimates

Hinge Health

04/08/2026 21:20

Overview
US musculoskeletal care platform's Q2 revenue grew 53% yr/yr, beating analyst expectations
Non-GAAP diluted net income per share for Q2 rose yr/yr
Company signed agreement to acquire Cylinder Health, expanding into gastrointestinal care

Outlook
Hinge Health expects Q3 2026 revenue between $223 mln and $225 mln
Company raises full-year 2026 revenue guidance to $856 mln-$860 mln
Company expects non-GAAP operating margin of 28% for Q3 and full-year 2026

Result Drivers
HIGH MEMBER CONVERSION - Co said Q2 outperformance was driven by continued high member conversion, improving member outcomes and lowering client costs, per CEO Daniel Perez
PROGRAM ADOPTION - Co cited rapid adoption of its Migraine Care Program as contributing to momentum
CLIENT GROWTH - Number of clients increased 24% yr/yr to 2,929, supporting revenue growth

Company press release: ID:nBw94tgpBa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$212.82 mln
$201.03 mln (15 Analysts)
Q2 Net Income
 
$43.69 mln
 
Q2 Gross Profit
 
$183.95 mln
 
Q2 Income from Operations
 
$40.44 mln
 
Q2 Pretax Profit
 
$44.43 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Hinge Health Inc is $90.00, about 15.9% above its August 3 closing price of $77.65

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Aug 3 - HealthStream Q2 revenue beats estimates, helped by acquisitions
Aug 3 - Viemed Healthcare Q2 revenue rises on ventilator patient growth

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)