HNGE
Hinge Health, Inc.
Company overview
- Market capitalization
- $7.46B
- Employees
- 1,437
- Latest publication
- 2026-09-29
About Hinge Health, Inc.
Hinge Health, Inc. focuses on building a health system that scales and automates the delivery of care using technology. It designs its platform to address musculoskeletal system care (MSK), including acute injury, chronic pain, and post-surgical rehabilitation. The company also provides personalized and automated MSK care through AI-powered motion tracking technology and a proprietary electrical nerve stimulation wearable device. It primarily serves self-insured employers. The company was founded in 2012 and is headquartered in San Francisco, California.
Financial statements
Income Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD |
|---|---|---|---|---|---|
| Total Revenue | 212,817,000USD | 182,307,000USD | 170,726,000USD | 123,825,000USD | 117,256,000USD |
| Cost Of Revenue | 28,868,000USD | 28,074,000USD | 26,553,000USD | 23,592,000USD | 21,168,000USD |
| Gross Profit | 183,949,000USD | 154,233,000USD | 144,173,000USD | 100,233,000USD | 96,088,000USD |
| Research Development | 34,057,000USD | 30,338,000USD | 32,755,000USD | 23,500,000USD | 22,371,000USD |
| Selling General Administrative | 28,044,000USD | 23,024,000USD | 24,371,000USD | 16,881,000USD | 16,809,000USD |
| Selling And Marketing Expenses | 81,408,000USD | 68,802,000USD | 59,126,000USD | 46,716,000USD | 35,447,000USD |
| General And Administrative Expenses | 28,044,000USD | — | — | — | — |
| Total Operating Expenses | 143,509,000USD | 122,164,000USD | 116,917,000USD | 87,097,000USD | 75,178,000USD |
| Operating Income | 40,440,000USD | 32,069,000USD | 27,256,000USD | 13,136,000USD | 20,910,000USD |
| Total Other Income Expense Net | 3,990,000USD | 3,873,000USD | 4,961,000USD | 109,175,000USD | 5,255,000USD |
| Income Before Tax | 44,430,000USD | 35,942,000USD | 32,217,000USD | 122,311,000USD | 26,165,000USD |
| Income Tax Expense | 740,000USD | 814,000USD | 122,000USD | 998,000USD | -951,000USD |
| Net Income | 43,690,000USD | 35,128,000USD | 32,095,000USD | 121,313,000USD | 27,116,000USD |
| Net Income Applicable To Common Shares | 43,102,000USD | — | — | — | — |
| Tax Provision | — | 814,000USD | 122,000USD | 998,000USD | — |
| Net Income From Continuing Ops | — | 35,128,000USD | 32,095,000USD | 17,139,000USD | — |
| Ebit | — | 32,069,000USD | 28,467,000USD | 13,136,000USD | 21,322,000USD |
| Ebitda | — | 33,242,000USD | 29,690,000USD | 13,639,000USD | 22,688,000USD |
| Depreciation And Amortization | — | 1,173,000USD | 1,223,000USD | 503,000USD | 1,366,000USD |
| Reconciled Depreciation | — | 1,173,000USD | 1,223,000USD | 1,303,000USD | 1,366,000USD |
| Source | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Assets | 827,398,000USD | 728,771,000USD | 744,761,000USD | 769,802,000USD | 693,654,000USD | 712,534,000USD | 675,481,000USD | — |
| Cash And Equivalents | 286,224,000USD | — | — | — | — | — | — | — |
| Total Current Assets | 643,353,000USD | 505,547,000USD | 533,904,000USD | 658,882,000USD | 598,425,000USD | 618,260,000USD | 564,831,000USD | — |
| Other Current Assets | 7,844,000USD | 37,299,000USD | 88,345,000USD | 78,278,000USD | 71,882,000USD | 58,847,000USD | 29,058,000USD | — |
| Other Non Current Assets | 15,372,000USD | — | — | — | — | — | — | — |
| Total Liabilities | 483,070,000USD | — | — | — | — | — | — | — |
| Total Current Liabilities | 481,439,000USD | 414,476,000USD | 362,409,000USD | 357,077,000USD | 314,083,000USD | 267,479,000USD | 249,299,000USD | — |
| Total Stockholder Equity | 344,328,000USD | 311,560,000USD | 378,536,000USD | 407,872,000USD | 373,652,000USD | 438,822,000USD | 416,702,000USD | — |
| Total Equity Including Noncontrolling Interest | 344,328,000USD | — | — | — | — | — | — | — |
| Deferred Revenue | 416,466,000USD | — | — | — | — | — | — | — |
| Net Receivables | 125,432,000USD | 114,921,000USD | 66,061,000USD | 86,765,000USD | 99,299,000USD | 75,891,000USD | 42,495,000USD | — |
| Inventory | 16,769,000USD | 36,019,000USD | 15,636,000USD | 13,812,000USD | 13,987,000USD | 12,785,000USD | 24,905,000USD | — |
| Property Plant Equipment Net | 17,772,000USD | 17,306,000USD | 17,351,000USD | 16,144,000USD | 16,329,000USD | 15,778,000USD | 16,987,000USD | — |
| Goodwill | 64,096,000USD | — | — | — | — | — | — | — |
| Intangible Assets | 2,063,000USD | 2,286,999USD | 2,512,000USD | 2,736,000USD | 2,961,000USD | 3,185,000USD | 1,807,000USD | — |
| Accounts Payable | 60,719,000USD | 69,476,000USD | 57,331,000USD | 53,201,000USD | 34,898,000USD | — | — | — |
| Short Term Debt | 4,254,000USD | 4,234,000USD | 4,223,000USD | 4,181,000USD | 4,047,000USD | 3,898,000USD | 7,628,000USD | — |
| Retained Earnings | -972,178,000USD | -1,015,868,000USD | -1,050,996,000USD | -1,083,091,000USD | -1,081,247,000USD | -505,596,000USD | -522,735,000USD | — |
| Accumulated Other Comprehensive Income | -364,000USD | -348,000USD | -20,000USD | 53,000USD | -34,000USD | 10,000USD | 68,000USD | — |
| Total Liab | — | 417,211,000USD | 366,225,000USD | 361,930,000USD | 320,002,000USD | 273,712,000USD | 258,779,000USD | — |
| Other Current Liab | — | 69,476,000USD | 57,331,000USD | 53,201,000USD | 34,898,000USD | 41,870,000USD | 24,038,999USD | — |
| Capital Stock | — | 199,874,000USD | 199,874,000USD | 199,874,000USD | 199,874,000USD | 747,098,000USD | — | — |
| Good Will | — | 64,096,000USD | 64,096,000USD | 64,096,000USD | 64,096,000USD | 64,096,000USD | 61,607,000USD | — |
| Cash | — | 188,112,000USD | 207,995,000USD | 261,342,000USD | 237,170,000USD | 288,482,000USD | 302,586,000USD | — |
| Cash And Short Term Investments | — | 317,308,000USD | 363,862,000USD | 480,027,000USD | 413,257,000USD | 470,737,000USD | 468,373,000USD | — |
| Current Deferred Revenue | — | 340,766,000USD | 300,855,000USD | 299,695,000USD | 275,138,000USD | 217,328,000USD | 217,632,000USD | — |
| Net Debt | — | -181,143,000USD | -199,956,000USD | -252,308,000USD | -227,204,000USD | -278,351,000USD | -284,256,000USD | — |
| Short Long Term Debt Total | — | 6,969,000USD | 8,039,000USD | 9,034,000USD | 9,966,000USD | 10,131,000USD | 18,330,000USD | — |
| Long Term Investments | — | 89,769,000USD | 113,172,000USD | 15,077,000USD | — | — | — | — |
| Short Term Investments | — | 129,196,000USD | 155,867,000USD | 218,685,000USD | 176,087,000USD | 182,255,000USD | 165,787,000USD | — |
| Property Plant Equipment Gross | — | 37,677,000USD | 37,131,000USD | 35,944,000USD | 35,097,000USD | 33,445,000USD | — | — |
| Common Stock Shares Outstanding | — | 82,394,000shares | 84,533,000shares | 78,858,000shares | 78,016,000shares | 78,016,000shares | 78,016,000shares | 78,015,947shares |
| Non Current Assets Total | — | 223,223,999USD | 210,857,000USD | 110,920,000USD | 95,229,000USD | 94,274,000USD | 110,649,999USD | — |
| Non Current Liabilities Total | — | 2,735,000USD | 3,816,000USD | 4,853,000USD | 5,919,000USD | 6,233,000USD | 9,479,999USD | — |
| Non Currrent Assets Other | — | 49,766,000USD | 13,726,000USD | 12,867,000USD | 11,843,000USD | 11,215,000USD | 26,968,999USD | — |
| Net Working Capital | — | 125,578,000USD | 171,495,000USD | 301,805,000USD | 284,342,000USD | 350,781,000USD | — | — |
| Unclassified Current Liabilities | — | -69,476,000USD | -57,331,000USD | -53,201,000USD | -34,898,000USD | 4,383,000USD | — | — |
| Unclassified Non Current Liabilities | — | 2,735,000USD | 3,816,000USD | 4,853,000USD | 5,919,000USD | 6,233,000USD | 9,479,999USD | — |
| Unclassified Equity | — | 1,127,902,000USD | 1,229,678,000USD | 1,291,036,000USD | 1,255,059,000USD | 197,310,000USD | 939,369,000USD | — |
| Unclassified Non Current Assets | — | — | — | — | — | — | 3,280,000USD | — |
| Source | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD |
|---|---|---|---|
| Total Assets | 744,761,000USD | 673,259,000USD | 622,528,000USD |
| Intangible Assets | 2,512,000USD | 1,807,000USD | 2,185,000USD |
| Other Current Assets | 88,345,000USD | 63,506,000USD | 46,668,000USD |
| Total Liab | 366,225,000USD | 256,557,000USD | 195,250,000USD |
| Total Stockholder Equity | 378,536,000USD | 416,702,000USD | 427,278,000USD |
| Other Current Liab | 57,331,000USD | 25,733,000USD | 30,847,000USD |
| Capital Stock | 199,874,000USD | 851,272,000USD | 851,272,000USD |
| Retained Earnings | -1,050,996,000USD | -522,735,000USD | -510,802,000USD |
| Good Will | 64,096,000USD | 61,607,000USD | 61,607,000USD |
| Cash | 207,995,000USD | 300,785,000USD | 234,952,000USD |
| Cash And Short Term Investments | 363,862,000USD | 466,572,000USD | 423,356,000USD |
| Total Current Assets | 533,904,000USD | 583,446,000USD | 529,880,000USD |
| Total Current Liabilities | 362,409,000USD | 249,299,000USD | 184,155,000USD |
| Current Deferred Revenue | 300,855,000USD | 217,632,000USD | 140,473,000USD |
| Net Debt | -199,956,000USD | -289,713,000USD | -219,220,000USD |
| Short Term Debt | 4,223,000USD | 3,814,000USD | 4,637,000USD |
| Short Long Term Debt Total | 8,039,000USD | 11,072,000USD | 15,732,000USD |
| Long Term Investments | 113,172,000USD | 0USD | — |
| Short Term Investments | 155,867,000USD | 165,787,000USD | 188,404,000USD |
| Net Receivables | 66,061,000USD | 42,495,000USD | 46,563,000USD |
| Inventory | 15,636,000USD | 10,873,000USD | 13,293,000USD |
| Accounts Payable | 57,331,000USD | — | — |
| Property Plant Equipment Net | 17,351,000USD | 16,987,000USD | 22,479,000USD |
| Property Plant Equipment Gross | 37,131,000USD | 33,551,000USD | 34,251,000USD |
| Accumulated Other Comprehensive Income | -20,000USD | 68,000USD | 60,000USD |
| Common Stock Shares Outstanding | 81,695,500shares | 78,016,000shares | 78,015,947shares |
| Non Current Assets Total | 210,857,000USD | 89,813,000USD | 92,648,000USD |
| Non Current Liabilities Total | 3,816,000USD | 7,258,000USD | 11,095,000USD |
| Non Currrent Assets Other | 13,726,000USD | 9,412,000USD | 6,377,000USD |
| Net Working Capital | 171,495,000USD | 334,147,000USD | 345,725,000USD |
| Unclassified Current Liabilities | -57,331,000USD | — | 8,198,000USD |
| Unclassified Non Current Liabilities | 3,816,000USD | 7,258,000USD | 11,095,000USD |
| Unclassified Equity | 1,229,678,000USD | 88,097,000USD | 86,748,000USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow YTD
| Metric | Q2 20262026-06-30 · USD |
|---|---|
| Depreciation | 2,234,000USD |
| Stock Based Compensation | 30,784,000USD |
| Deferred Income Tax | 13,000USD |
| Other Non Cash Items | 1,000USD |
| Change To Account Receivables | -60,984,000USD |
| Change To Inventory | -1,132,000USD |
| Change To Liabilities | 2,592,000USD |
| Change In Working Capital | -59,851,000USD |
| Operating Cash Flow | 144,496,000USD |
| Capital Expenditures | -206,000USD |
| Net Investments | 80,083,000USD |
| Unclassified Investing Cash Flow | -3,178,000USD |
| Investing Cash Flow | 76,699,000USD |
| Net Common Stock Issuance | -151,282,000USD |
| Unclassified Financing Cash Flow | 7,956,000USD |
| Financing Cash Flow | -143,326,000USD |
| Change In Cash | 77,869,000USD |
| End Cash Flow | 287,665,000USD |
| Source | DisclosureDeterministicFinal |
Cash flow Quarterly
| Metric | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD | Q2 20242024-06-30 · USD | Q1 20242024-03-31 · USD |
|---|---|---|---|---|---|---|---|---|
| Net Income | 35,128,000USD | 32,095,000USD | -1,844,000USD | -575,651,000USD | 27,116,000USD | 341,000USD | -12,926,000USD | -26,464,000USD |
| Depreciation | 1,308,000USD | 1,208,000USD | 1,264,000USD | 1,343,000USD | 1,366,000USD | 8,887,000USD | 1,554,000USD | 1,614,000USD |
| Stock Based Compensation | 11,692,000USD | 17,172,000USD | 34,847,000USD | 590,983,000USD | 14,000USD | 115,000USD | 306,000USD | 304,000USD |
| Other Non Cash Items | 17,110,000USD | 14,835,000USD | 14,041,000USD | 13,694,000USD | 11,607,000USD | 24,666,000USD | 10,957,000USD | 8,800,000USD |
| Change To Account Receivables | -48,860,000USD | 20,983,000USD | 11,974,000USD | -25,304,000USD | 15,888,000USD | 6,053,000USD | -6,069,000USD | -17,212,000USD |
| Change To Inventory | 1,470,000USD | -1,824,000USD | 175,000USD | -1,202,000USD | -3,220,000USD | 2,691,000USD | -402,000USD | 1,539,000USD |
| Change In Working Capital | -22,155,000USD | -1,322,000USD | 34,040,000USD | -10,234,000USD | -1,179,000USD | -5,612,000USD | 15,033,000USD | -16,913,000USD |
| Total Cash From Operating Activities | 43,083,000USD | 63,895,000USD | 82,398,000USD | 20,225,000USD | 38,339,000USD | 28,397,000USD | 14,924,000USD | -32,659,000USD |
| Capital Expenditures | -83,000USD | -408,000USD | -1,117,000USD | -1,827,000USD | -1,030,000USD | -315,000USD | -934,000USD | -949,000USD |
| Free Cash Flow | 43,000,000USD | 63,487,000USD | 81,281,000USD | 18,398,000USD | 37,309,000USD | 28,081,999USD | 13,990,000USD | -33,608,000USD |
| Investments | 49,611,000USD | -35,333,000USD | -58,757,000USD | 4,021,000USD | -2,084,000USD | 2,527,000USD | 2,669,000USD | 16,230,000USD |
| Total Cashflows From Investing Activities | 48,081,000USD | -37,696,000USD | -58,757,000USD | 4,021,000USD | -3,114,000USD | 2,527,000USD | 2,669,000USD | 16,230,000USD |
| Net Borrowings | 0USD | 0USD | 0USD | 0USD | 0USD | 0USD | — | — |
| Total Cash From Financing Activities | -112,848,000USD | -79,545,000USD | 531,000USD | -75,558,000USD | -2,335,000USD | -18,000USD | 93,000USD | 59,000USD |
| Sale Purchase Of Stock | -104,966,000USD | -65,028,000USD | — | — | — | — | — | — |
| Change In Cash | -21,684,000USD | -53,346,000USD | 24,172,000USD | -51,312,000USD | 32,890,000USD | 30,906,000USD | 17,686,000USD | -16,370,000USD |
| Begin Period Cash Flow | 209,796,000USD | 263,142,000USD | 238,972,000USD | 290,284,000USD | 269,696,000USD | 238,790,000USD | 221,104,000USD | 237,474,000USD |
| End Period Cash Flow | 188,112,000USD | 209,796,000USD | 263,144,000USD | 238,972,000USD | 302,586,000USD | 269,696,000USD | 238,790,000USD | 221,104,000USD |
| Other Cashflows From Investing Activities | -1,447,000USD | -1,955,000USD | -1,065,000USD | -1,630,000USD | -873,000USD | 2,842,000USD | -497,000USD | -819,000USD |
| Other Cashflows From Financing Activities | -8,292,000USD | -23,259,000USD | 531,000USD | -75,717,000USD | -2,335,000USD | -18,000USD | 93,000USD | 59,000USD |
| Issuance Of Capital Stock | — | 0USD | 0USD | — | 0USD | 0USD | — | — |
| Unclassified Financing Cash Flow | — | 8,742,000USD | — | — | — | — | — | — |
| Unclassified Investing Cash Flow | — | — | 2,182,000USD | 3,457,000USD | — | -2,527,000USD | 1,431,000USD | 1,768,000USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD |
|---|---|---|---|
| Net Income | -528,261,000USD | -11,933,000USD | -108,141,000USD |
| Depreciation | 5,494,000USD | 5,950,000USD | 5,627,000USD |
| Stock Based Compensation | 643,009,000USD | 739,000USD | 1,645,000USD |
| Other Non Cash Items | 53,159,999USD | 41,329,000USD | 28,023,000USD |
| Change To Account Receivables | -26,627,000USD | -1,340,000USD | -23,126,000USD |
| Change To Inventory | -4,763,000USD | 608,000USD | 10,565,000USD |
| Change In Working Capital | -2,013,999USD | 13,502,000USD | 9,410,000USD |
| Total Cash From Operating Activities | 171,441,000USD | 49,002,000USD | -63,909,000USD |
| Capital Expenditures | -708,000USD | -3,773,000USD | -4,615,000USD |
| Free Cash Flow | 170,733,000USD | 45,229,000USD | -68,524,000USD |
| Investments | -103,699,000USD | 18,312,000USD | 1,501,000USD |
| Total Cashflows From Investing Activities | -113,763,000USD | 18,312,000USD | 1,501,000USD |
| Net Borrowings | 4,934,000USD | 0USD | 0USD |
| Total Cash From Financing Activities | -150,468,000USD | -2,202,000USD | -3,000,000USD |
| Sale Purchase Of Stock | -65,028,000USD | 0USD | 0USD |
| Issuance Of Capital Stock | 255,675,000USD | 0USD | 0USD |
| Change In Cash | -92,790,000USD | 65,112,000USD | -65,408,000USD |
| Begin Period Cash Flow | 302,586,000USD | 237,474,000USD | 302,882,000USD |
| End Period Cash Flow | 209,796,000USD | 302,586,000USD | 237,474,000USD |
| Other Cashflows From Investing Activities | -5,356,000USD | -2,734,000USD | -2,639,000USD |
| Other Cashflows From Financing Activities | -350,644,000USD | -2,812,000USD | -3,000,000USD |
| Unclassified Investing Cash Flow | -4,000,000USD | 6,507,000USD | 7,254,000USD |
| Unclassified Financing Cash Flow | 260,270,000USD | — | — |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Operating metrics
No operating metrics are currently published for this company.
Revenue breakdown
No revenue breakdown is currently published for this company.
Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.