HNGEHinge Health, Inc.

$90.52

Is the business good?

How good a business is HNGE?

Hinge Health, Inc. keeps 13% of every revenue dollar as operating profit, against 2.3% for the median Health Information Services name.

13%

Operating margin · Health Information Services median 2.3% · 12 months to Q2 2026

Cash conversion
2.66×

Cash conversion · every dollar of reported profit arrived as cash, and more

Share count, year on year
+90%

Share count, year on year · shareholders own a smaller slice than a year ago

R&D as % of revenue
18%

R&D as % of revenue

Operating margin by fiscal year
YearOperating margin
FY2023−45%
FY2024−8.2%
FY2025−93%
Details
Gross margin12 months to Q2 2026
84%
Operating margin12 months to Q2 2026
13%
Net margin12 months to Q2 2026
15%
Free cash flow margin
40%
R&D as % of revenue
18%
Revenue, trailing twelve months
$720M
Free cash flow, trailing twelve months
$290M
Net income, trailing twelve months
$109M

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.