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MARKETS / NYSE / HNGE
NYSE · SERVICES-COMPUTER PROCESSING & DATA PREPARATION

Hinge Health, Inc. HNGE

3 fiscal years on record · USD · FY2025 reported · SEC filings only
$587.9M
▲ 50.6% YoY
$-528.3M
$170.7M
▲ 256.0% YoY
In brief

What this company does

It also sells HingeSelect, an in-person provider network for musculoskeletal care that lets the company provide members with end-to-end care. Approximately 22 million lives from self-insured employers were contracted in the company's client base as of December 31, 2025. As of December 31, 2025, the company had 1,437 full-time employees, including 1,297 employees based in the U.S. It has expanded into Canada, France, Germany, Ireland, the Netherlands, and the United Kingdom. The company was incorporated as a Delaware corporation in March 2016 and completed its initial public offering in May 2025, with its Class A common stock listed on the NYSE under the symbol "HNGE."

Written from the business description in Hinge Health, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 3 March 2026. Every sentence was checked against that document before publication.

Growth
USD 587.9M
Revenue, FY2025 · full 3-year series below
Revenue $M Net income $M
FY2025 · Revenue 587.9 · Net income -528.3
200M400M-200M-400M202320242025
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−90 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -92.9% · Net -89.9%
-50%202320242025
ROE

Not applicable: equity was negative in this period, so return on equity has no meaning.

Cash & shareholders
USD 56.9M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 170.7
80.0M160.0M-25.0M-50.0M202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 56.9
20M40M202320242025

USD 56.9M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 744.8M
EquityUSD 178.7M
CashUSD 208.0M
Current ratio1.47×

Equity funds 24% of total assets.

The 3-year record
3 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023
Revenue $B0.60.40.3
Operating income $B−0.5−0.0−0.1
EBITDA $B−0.5−0.0−0.1
Income tax $B0.00.0−0.0
Net income $B−0.5−0.0−0.1
Free cash flow $B0.20.0−0.1
EPS, diluted $−7.77−0.88−8.31
Dividend / sh $···
Payout %···
ROE %···
Shares out B0.000.02·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 13 reconciliationsAUDITED

Reconciled in 3 of 19 fiscal years. 82 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Computer Processing & Data Preparation
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2023

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