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HNGE — Hinge Health News Story

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Hinge Health Q1 revenue rises 47%, beats estimates

Overview

US digital healthcare platform's Q1 revenue grew 47% yr/yr, beating analyst expectations

Company raised full-year revenue outlook and expanded operating margin

Outlook

Hinge Health raises full-year 2026 revenue outlook to $798 mln-$804 mln

Company expects Q2 2026 revenue between $194 mln and $196 mln

Hinge Health sees full-year 2026 non-GAAP operating margin at 26%

Result Drivers

PLATFORM AUTOMATION - Co said revenue growth was driven by the strength of a platform that automates care delivery, improves member outcomes and lowers costs

CLIENT GROWTH - Number of clients increased 23% yr/yr to 2,849, contributing to revenue growth

NEW CARE PROGRAMS - Launch of Migraine Care Program cited as expanding platform and supporting growth

Company press release: ID:nBw8Zg1vza

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 RevenueBeat$182.31 mln$172.16 mln (13 Analysts)
Q1 Net Income$35.13 mln
Q1 Gross Profit$154.23 mln
Q1 Income from Operations$32.07 mln
Q1 Pretax Profit$35.94 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 $59.00, about 20.7% above its May 4 closing price of $48.89 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.)

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