Hinge Health Inc (NYSE:HNGE)
$ 89.33 +9.25 (+11.55%) Market Cap: 7.21 Bil Enterprise Value: 6.82 Bil PE Ratio: 69.79 PB Ratio: 21.65 GF Score: 12/100

Q4 2025 Hinge Health Inc Earnings Call Transcript

Feb 10, 2026 / 09:30 PM GMT
Release Date Price: $33.05 (+2.77%)

Key Points

Positve
  • Hinge Health Inc (HNGE) reported a 46% year-over-year revenue growth for Q4 2025, reaching $171 million.
  • The company achieved a gross margin of 85% in Q4, showcasing the scalability of its technology-driven care model.
  • Hinge Health Inc (HNGE) generated $62 million in free cash flow in Q4, representing a free cash flow margin of 36%.
  • The company expanded its market reach to nearly 25 million contracted lives, demonstrating strong commercial momentum.
  • Hinge Health Inc (HNGE) introduced AI-powered tools that improved care delivery efficiency, allowing the company to serve 47% more members while keeping care team costs flat.
Negative
  • Despite the positive financial performance, the company faces potential threats from new entrants in the market, including large tech companies and startups.
  • Hinge Health Inc (HNGE) anticipates no significant revenue impact from its Hinge Select product until at least 2027.
  • The company is investing heavily in expanding its provider network, which may take several years to build and scale.
  • There is uncertainty regarding the pricing structure of the CMS Access program, which could impact future revenue from the Medicare population.
  • Hinge Health Inc (HNGE) is assuming flat yield in its 2026 forecast, indicating potential challenges in driving further engagement improvements.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

HNGE.N - Hinge Health Inc
Q4 2025 Hinge Health Inc Earnings Call
Feb 10, 2026 / 09:30PM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, thank you for joining us and welcome to the Hinge Health 4th quarter 2025 earnings call. After today's prepared remarks, we will host a question-and-answer session. If you would like to ask a question, please raise your hand. If you have dialed in today's call, please press 9 to raise your hand and 6 to unmute. I will now hand the conference over to Bianca Buck, head of investor relations. Bianca, please go ahead.

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Unidentified_2 [2]
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Good afternoon and welcome to Hinge Health's 4th quarter and full year 2025 earnings call. I'm Bianca Buck,
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