Hinge Health, Inc. (HNGE) Q3 2025 Earnings Call Transcript
Revenue $154 million for Q3, representing 53% year-over-year growth. This growth was attributed to strong billings performance and the continued strength of underlying fundamentals.
Last 12 Months Calculated Billings $624 million, up 50% compared to the same period last year. This reflects the strength of current execution and opportunities in automating healthcare services.
Gross Margin 83% this quarter, up from 79% in Q3 of last year. The improvement reflects the scalability of the technology-driven care model.
Operating Margin 20%, a significant improvement from negative 4% in Q3 last year. This improvement is driven by investments in automation and AI, which are creating operational leverage.
Free Cash Flow $81 million this quarter compared to $28 million in Q3 of 2024. This represents a free cash flow margin of 53%, highlighting operational efficiency and a strong business model.
Eligible Lives Growth in eligible lives contributed to the strong billings performance, reflecting a healthy client base and successful launches of new clients.
Yield Targeted enrollment initiatives doubled enrollees compared to Q3 2024, contributing to strong engagement and excellent yield performance.
Average Selling Price Remained essentially flat for the year, with 48% of eligible lives opting for the new engagement-based pricing model.
Operating Expenses 63% of revenue in Q3, down from 83% in the same quarter last year, demonstrating improved operational efficiency.
Income from Operations $30 million, with a 20% operating margin, a substantial improvement from negative 4% in Q3 2024.
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Bullish Charts Highlight These Healthcare Stocks: GE Healthcare, STERIS, and Hinge Health
Healthcare Stocks Momentum: Several non-biotech healthcare stocks are gaining momentum, breaking out of bases and establishing themselves as leaders in the sector.
Technical Indicators: These stocks are showing improving volume patterns, accelerating relative strength, and clean technical setups, indicating strong performance potential.
Market Rotation: As buyers shift focus to areas with sustained upside, these healthcare stocks are well-positioned to continue their upward trajectory.
Future Performance Outlook: The current trends suggest that these medical technology, services, and equipment stocks could deliver standout performance in the coming weeks.
Is Hinge Health Inc. (HNGE) Poised for a 29.59% Increase to Meet Wall Street Analysts' Expectations?
Stock Performance and Analyst Predictions: Hinge Health Inc. (HNGE) shares have increased by 0.9% recently, with Wall Street analysts projecting a mean price target of $64.86, suggesting a potential upside of 29.6% from the current price of $50.05.
Earnings Estimates and Analyst Agreement: There is strong consensus among analysts regarding HNGE's earnings prospects, with a 4.6% increase in the Zacks Consensus Estimate over the past month, indicating a positive outlook for the stock.
Skepticism Towards Price Targets: While price targets can provide insights, they should be approached with caution as they often mislead investors; analysts may set inflated targets due to business incentives.
Investment Strategy Considerations: Investors are advised to consider a range of factors beyond price targets, including earnings estimate revisions and the company's Zacks Rank #2 (Buy), to make informed investment decisions.
Hinge Health Executive Offloads Shares Valued at $2,116,779, Recent SEC Filing Reveals
CFO Share Sale: James Budge, the Chief Financial Officer of Hinge Health, sold 44,589 shares of the company on November 25, 2025.
Stock Transaction Details: The sale of shares indicates a significant financial move by the CFO, which may impact investor perceptions of the company.
Hinge Health Reduces Imaging Visits by 60% for Chronic Back Pain Patients
- Imaging Reduction: Participants in Hinge Health's chronic back pain program experienced a 60% reduction in imaging visits within three months compared to traditional PT care, significantly lowering unnecessary healthcare costs while enhancing patient care quality.
- Research Background: The study utilized data from over 100 million commercially insured lives from 2016 to 2021 across the U.S., emphasizing the effectiveness of digital MSK care in reducing high-cost services.
- Cost Control: By minimizing unnecessary imaging, Hinge Health not only reduces healthcare expenses but also improves overall patient health outcomes, highlighting the importance of evidence-based approaches in managing chronic back pain.
- Digital Care Advantages: Leveraging an AI-powered care model and wearable devices, Hinge Health delivers personalized, evidence-based care, further showcasing the potential of digital healthcare in enhancing patient experiences and reducing costs.
RSI Alert: Hinge Health (HNGE) Enters Oversold Territory
Hinge Health Inc Performance: Hinge Health Inc Class A shares (HNGE) have entered oversold territory with an RSI of 28.2, trading as low as $39.19 per share, compared to the S&P 500 ETF's RSI of 37.8.
Investment Opportunity: The low RSI reading may indicate that heavy selling is nearing exhaustion, potentially presenting a buying opportunity for bullish investors.
52-Week Range: HNGE's shares have a 52-week low of $33.4228 and a high of $62.18, with the last trade recorded at $39.75.
Disclaimer: The views expressed in the article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
Hinge Health Greenlights $250 Million Stock Buyback Initiative
Share Repurchase Program: Hinge Health, Inc. has announced a $250 million share repurchase program authorized by its board of directors.
Financial Performance: The company reported generating $108 million in cash from operations and $118 million in free cash flow during the first three quarters of 2025, showcasing the strength of its business model.
Balance Sheet Strength: Hinge Health maintains a strong balance sheet with nearly $500 million in cash and investments as of the end of Q3 2025.
Use of IPO Proceeds: The majority of the company's IPO proceeds were allocated to tax obligations for employee RSU settlements and a small secondary for pre-IPO investors, with none directed towards long-term balance sheet use.
Bullish Charts Highlight These Healthcare Stocks: GE Healthcare, STERIS, and Hinge Health
Healthcare Stocks Momentum: Several non-biotech healthcare stocks are gaining momentum, breaking out of bases and establishing themselves as leaders in the sector.
Technical Indicators: These stocks are showing improving volume patterns, accelerating relative strength, and clean technical setups, indicating strong performance potential.
Market Rotation: As buyers shift focus to areas with sustained upside, these healthcare stocks are well-positioned to continue their upward trajectory.
Future Performance Outlook: The current trends suggest that these medical technology, services, and equipment stocks could deliver standout performance in the coming weeks.
Is Hinge Health Inc. (HNGE) Poised for a 29.59% Increase to Meet Wall Street Analysts' Expectations?
Stock Performance and Analyst Predictions: Hinge Health Inc. (HNGE) shares have increased by 0.9% recently, with Wall Street analysts projecting a mean price target of $64.86, suggesting a potential upside of 29.6% from the current price of $50.05.
Earnings Estimates and Analyst Agreement: There is strong consensus among analysts regarding HNGE's earnings prospects, with a 4.6% increase in the Zacks Consensus Estimate over the past month, indicating a positive outlook for the stock.
Skepticism Towards Price Targets: While price targets can provide insights, they should be approached with caution as they often mislead investors; analysts may set inflated targets due to business incentives.
Investment Strategy Considerations: Investors are advised to consider a range of factors beyond price targets, including earnings estimate revisions and the company's Zacks Rank #2 (Buy), to make informed investment decisions.
Hinge Health Executive Offloads Shares Valued at $2,116,779, Recent SEC Filing Reveals
CFO Share Sale: James Budge, the Chief Financial Officer of Hinge Health, sold 44,589 shares of the company on November 25, 2025.
Stock Transaction Details: The sale of shares indicates a significant financial move by the CFO, which may impact investor perceptions of the company.
Hinge Health Reduces Imaging Visits by 60% for Chronic Back Pain Patients
- Imaging Reduction: Participants in Hinge Health's chronic back pain program experienced a 60% reduction in imaging visits within three months compared to traditional PT care, significantly lowering unnecessary healthcare costs while enhancing patient care quality.
- Research Background: The study utilized data from over 100 million commercially insured lives from 2016 to 2021 across the U.S., emphasizing the effectiveness of digital MSK care in reducing high-cost services.
- Cost Control: By minimizing unnecessary imaging, Hinge Health not only reduces healthcare expenses but also improves overall patient health outcomes, highlighting the importance of evidence-based approaches in managing chronic back pain.
- Digital Care Advantages: Leveraging an AI-powered care model and wearable devices, Hinge Health delivers personalized, evidence-based care, further showcasing the potential of digital healthcare in enhancing patient experiences and reducing costs.
RSI Alert: Hinge Health (HNGE) Enters Oversold Territory
Hinge Health Inc Performance: Hinge Health Inc Class A shares (HNGE) have entered oversold territory with an RSI of 28.2, trading as low as $39.19 per share, compared to the S&P 500 ETF's RSI of 37.8.
Investment Opportunity: The low RSI reading may indicate that heavy selling is nearing exhaustion, potentially presenting a buying opportunity for bullish investors.
52-Week Range: HNGE's shares have a 52-week low of $33.4228 and a high of $62.18, with the last trade recorded at $39.75.
Disclaimer: The views expressed in the article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
Hinge Health Greenlights $250 Million Stock Buyback Initiative
Share Repurchase Program: Hinge Health, Inc. has announced a $250 million share repurchase program authorized by its board of directors.
Financial Performance: The company reported generating $108 million in cash from operations and $118 million in free cash flow during the first three quarters of 2025, showcasing the strength of its business model.
Balance Sheet Strength: Hinge Health maintains a strong balance sheet with nearly $500 million in cash and investments as of the end of Q3 2025.
Use of IPO Proceeds: The majority of the company's IPO proceeds were allocated to tax obligations for employee RSU settlements and a small secondary for pre-IPO investors, with none directed towards long-term balance sheet use.
