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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.
The business is unprofitable at the operating level (-93.43% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 51.9%, still solid. Margins contracted 85.1pp, which offsets some of the top-line progress.
Operating margin contracted 85.1pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (TTM)
$644M
▲ +51.9% YoY
Net Income (TTM)
-$510M
▼ -4326.9% YoY
Op. Margin
-81.88%
▼ -85.1pp YoY
ROIC
-236.03%
▲ +18.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$209M
▲ +256.0% YoY
Op. Cash Flow (TTM)
$210M
▲ +249.9% YoY
Net Debt
-$309M
Net Cash Position
Cash & Equiv.
$316M
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