HNGEHinge Health, Inc.
Is the business good?
The checks split: nothing decisive, though earnings fully cash-backed (3.2×).
Mixed fundamental signals. Nine pass/fail tests of year-over-year health from the filings.
Operating profit is fully backed by cash.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is HNGE?
Hinge Health, Inc. keeps 13% of every revenue dollar as operating profit, against 2.8% for the median Health Information Services name.
Operating margin · Health Information Services median 2.8% · 12 months to Q2 2026
- Cash conversion
- 3.16×
Cash conversion · operating cash flow covers the operating profit after tax
- 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
| Year | Operating 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 is operating cash flow over operating profit after tax.
Health Information Services
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