Hinge Health reports record third quarter 2026 financial results
Q3 revenue up 52% y/y to $235.0M, non-GAAP EPS $0.71 vs $0.32; FY26 revenue guide raised to $880M midpoint, 30% non-GAAP margin.
What this release says
Hinge Health reported third quarter 2026 revenue of $235.0 million, up 52% from a year earlier, with GAAP income from operations swinging to $50.3 million from a loss. The company raised its full-year 2026 revenue and non-GAAP operating margin guidance, and says client counts grew across its MSK, GI and Migraine programs. For a shareholder, the release points to strong growth and profitability, though the GI program figure partly reflects the Cylinder Health acquisition announced in August.
Key figures
- Q3 2026 revenue
- $235.0 million
- Free cash flow in Q3
- $112.7 million
- Full-year 2026 revenue guidance midpoint
- $880 million
- Full-year 2026 non-GAAP operating margin guidance midpoint
- 30%
- Clients as of September 30, 2026
- 3,270 clients
- Cash and marketable securities
- $358.5 million
Positive for shareholders
- Revenue grew 52% year-over-year in the quarter.
- Full-year revenue guidance was raised, with the midpoint implying 50% growth.
- GAAP operating income reached $50.3 million compared with a loss a year earlier.
- Client count rose 28% year-over-year to 3,270.
Negative for shareholders
- GAAP diluted earnings per share of $0.66 include items the company excludes from its non-GAAP figures, and the company says it cannot reconcile its non-GAAP guidance to GAAP.
- Part of the GI program client growth follows the Cylinder Health acquisition, which the release associates with the August announcement.
- President Jim Pursley is stepping down effective January 1, 2027, and the commercial organization will be led by a new Chief Commercial Officer.
Written by Quantisnow AI from this release. Not financial advice.
Key terms
- Free cash flow:
- Cash generated from operations after subtracting the money spent on capital investments, showing how much cash the business produces.
- Non-GAAP:
- Financial measures that exclude certain items such as stock-based compensation and acquisition costs, which the company uses alongside standard accounting results.
- LTM calculated billings:
- A measure of total billings over the last twelve months, calculated as revenue plus the change in deferred revenue less the change in contract assets.
- Basis points (bps):
- A unit equal to one-hundredth of a percentage point, so 1,000 bps equals 10 percentage points.
FAQ
How much did Hinge Health's revenue grow in the third quarter of 2026?
Revenue increased 52% year-over-year to $235.0 million, compared with $154.2 million in Q3 2025.
What did Hinge Health change in its 2026 guidance?
The company raised its full-year 2026 revenue guidance to between $879 million and $881 million and its non-GAAP operating margin guidance to a midpoint of 30%.
Who is replacing Jim Pursley at Hinge Health?
Aaryn Pure will lead the commercial organization as Chief Commercial Officer after Pursley steps down as President on January 1, 2027.
Historical context for HNGE
Across the 20 sessions after earlier HNGE headlines, the stock closed higher 13 times and lower 7 times, with a median move of 2.0% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | HNGE | SPY |
|---|---|---|---|
| Oct 5, 2026 | Hinge Health to announce third quarter 2026 financial results on November 2, 2026 | +0.7% | +0.7% |
| Sep 29, 2026 | BofA Securities resumed coverage on Hinge Health with a new price target | +3.0% | -0.2% |
| Aug 5, 2026 | Hinge Health reports record second quarter 2026 financial results; signs definitive agreement to acquire Cylinder Healthand 1 other headline that session | +1.7% | -0.2% |
| Jul 30, 2026 | Study finds Hinge Health significantly lowers fall risk for adults aged 65+ | +1.4% | +1.7% |
| Jul 7, 2026 | Hinge Health to announce second quarter 2026 financial results on August 4, 2026 | +0.9% | -0.5% |
| Jun 10, 2026 | Hinge Health adds surgery to HingeSelect, delivering a fully integrated musculoskeletal care platformand 1 other headline that session | -1.1% | -1.6% |
- Market cap
- 30-day
- Sector
- Technology
- Industry
- EDP Services
- Listed since
- 2025
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