Services-Computer Processing & Data Preparation · SIC 7374

Hinge Health, Inc.

HNGE

Watch

Latest revenue

$182.3M

as of 2026-03-31

Latest net income

$35.1M

as of 2026-03-31

Net margin

19.3%

as of 2026-03-31

Price · 5Y

+37.7% / yr 24.0 pts / yr vs S&P 500 37.6% total
Compare:

Live market

delayed ≤15 min
$55.25
0.24%
Market cap
Enterprise value
P/E (trailing)
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$62.18
52-wk low
$30.08
Beta
Shares out

5-year trend

What this company does

AI

Item 1. Business Overview Our vision is to build a new health system that transforms outcomes, experience and costs by using technology to scale and automate the delivery of care. Hinge Health leverages software, including AI, to automate care for joint and muscle health, delivering an outstanding member experience, improved member outcomes, and cost reductions for our clients and members. We have designed our platform to address a broad spectrum of MSK care—from acute injury, to chronic pain, to post-surgical rehabilitation. Members receive personalized and automated MSK care through our AI-powered motion tracking technology and a proprietary electrical nerve stimulation wearable device,…

AI summary unavailable — showing raw filing excerpt

Generated from HNGE's filing dated 2026-03-03

Key risks

AI

Item 1A. Risk Factors Investing in our Class A common stock involves a high degree of risk. You should carefully consider the risks and uncertainties described below, together with all of the other information in this Annual Report, before making a decision to invest in our Class A common stock. If any of the risks occur, our business, results of operations, and financial condition could be materially adversely affected. In that event, the trading price of our Class A common stock could decline, and you may lose all or part of your investment. Additional risks and uncertainties not presently known to us or that we currently deem immaterial also may impair our business and materially…

AI summary unavailable — showing raw filing excerpt

Generated from HNGE's filing dated 2026-03-03

Profitability

Gross margin

79.6%

3.7%

Operating margin

-92.9%

1037.1%

Net margin

-89.9%

2839.9%

Return on equity

-295.7%

10867.8%

Return on assets

-70.9%

3901.9%

Leverage

Debt / equity

3.17×

224.3%

Debt / assets

76.0%

53.8%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$182.3M+47.2%$35.1M+105.0%19.3%

Q4 2025

2025-12-31

$170.7M$15.0M8.8%

Q3 2025

2025-09-30

$154.2M+53.3%$-1.8M-640.8%-1.2%

Q2 2025

2025-06-30

$139.1M+54.9%$-558.5M-4220.8%-401.5%

Q1 2025

2025-03-31

$123.8M$17.1M13.8%

Q3 2024

2024-09-30

$100.6M$341.0K0.3%

Q2 2024

2024-06-30

$89.8M$-12.9M-14.4%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Services-Computer Processing & Data Preparation · SIC 7374

No data yet for industry average

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Insider activity

Insider buying

$0

Insider selling

$159.6M

Net activity

−$159.6M

Distinct insiders

8

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-05-20

James Budge

Chief Financial Officer

Sale781$55.34$43.2K
2026-05-11

James Budge

Chief Financial Officer

Sale4,706$54.65$257.2K
2026-05-11

James Budge

Chief Financial Officer

Sale1,200$55.48$66.6K
2026-05-08

Elliott Robinson

Director

Sale0$0.00$0
2026-05-07

Elliott Robinson

Director

Sale0$0.00$0
2026-05-07

Daniel Antonio Perez

CEO & Co-Founder

Sale45,456$55.05$2.5M
2026-05-06

Gabriel M.I. Mecklenburg

Director

Sale50,000$55.01$2.8M
2026-05-06

Daniel Antonio Perez

CEO & Co-Founder

Sale104,544$55.09$5.8M
2026-04-21

Gabriel M.I. Mecklenburg

Director

Sale33,333$45.05$1.5M
2026-04-01

Gabriel M.I. Mecklenburg

Director

Sale49,332$38.45$1.9M
2026-04-01

Gabriel M.I. Mecklenburg

Director

Sale668$39.02$26.1K
2026-03-23

James Budge

Chief Financial Officer

Sale1,988$41.29$82.1K
2026-03-23

James Budge

Chief Financial Officer

Sale8,346$42.45$354.3K
2026-03-23

James Budge

Chief Financial Officer

Sale672$42.80$28.8K
2026-03-23

James Pursley

President

Sale2,256$41.21$93.0K
2026-03-23

James Pursley

President

Sale9,838$42.36$416.7K
2026-03-23

James Pursley

President

Sale2,906$42.75$124.2K
2026-03-06

Gabriel M.I. Mecklenburg

Director

Sale82,385$45.02$3.7M
2026-03-06

Gabriel M.I. Mecklenburg

Director

Sale84,281$45.60$3.8M
2026-02-23

James Pursley

President

Sale7,874$38.76$305.2K
2026-02-23

James Pursley

President

Sale6,818$39.95$272.4K
2026-02-23

James Pursley

President

Sale308$40.46$12.5K
2026-02-23

James Budge

Chief Financial Officer

Sale7,566$38.74$293.1K
2026-02-23

James Budge

Chief Financial Officer

Sale6,297$39.90$251.3K
2026-02-23

James Budge

Chief Financial Officer

Sale900$40.43$36.4K
2026-02-18

Elliott Robinson

Director

Sale0$0.00$0
2026-02-17

Elliott Robinson

Director

Sale0$0.00$0

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns HNGE

Institutional value

$676.0M

Total shares held

18.0M

Distinct holders

86

-94 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
111.2 CAPITAL MANAGEMENT, LLC3.7M$142.8M+0 (+0.0%)No change
2BIT Capital GmbH2.3M$89.1M-1.0M (-30.3%)Trimmed
3VANGUARD PORTFOLIO MANAGEMENT LLC1.4M$54.4MNew
4Vitruvian Partners LLP1.3M$48.2M+0 (+0.0%)No change
5VANGUARD CAPITAL MANAGEMENT LLC1.2M$47.8MNew
6FRANKLIN RESOURCES INC958.5K$37.0M+323.1K (+50.9%)Added
7BlackRock, Inc.907.5K$35.0M+83.1K (+10.1%)Added
8JPMORGAN CHASE & CO804.4K$29.6M+13.5K (+1.7%)Added
9UBS Group AG592.0K$22.8M+235.3K (+66.0%)Added
10JANE STREET GROUP, LLC557.1K$21.5M-1.0M (-64.4%)Trimmed
11BNP PARIBAS FINANCIAL MARKETS502.0K$19.4M-225.6K (-31.0%)Trimmed
12First Eagle Investment Management, LLC336.9K$13.0M+115.2K (+51.9%)Added
13EMERALD ADVISERS, LLC278.9K$10.8MNew
14Walleye Capital LLC213.7K$8.2M-302.9K (-58.6%)Trimmed
15PRINCIPAL FINANCIAL GROUP INC188.9K$7.3M+85.8K (+83.3%)Added
16EMERALD MUTUAL FUND ADVISERS TRUST181.8K$7.0MNew
17CITIGROUP INC142.5K$5.5M+218 (+0.2%)Added
18ING GROEP NV141.0K$5.4M+0 (+0.0%)No change
19Wedmont Private Capital133.3K$5.1MNew
20Mutual Advisors, LLC131.5K$5.1M+1.5K (+1.2%)Added

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once HNGE's latest filing finishes processing.