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
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$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.)