HIMS · Hims & Hers Health, Inc.
One customer — 10% of receivables (As of December 31, 2025)
“As of December 31, 2025, one customer or partner individually represented more than 10% of accounts receivable.”
Price & Indicators
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AI Brief
TL;DR.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
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| Adjusted EBITDA non-GAAP | $60.3M | second quarter of 2026 | — |
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GAAP → non-GAAP reconciliationGAAP Net (loss) income -86.29M
+47.5M Legal contingencies
+42.12M Stock-based compensation
+29.48M Depreciation and amortization
+28.84M Acquisition and transaction-related costs
+4.63M Restructuring and other related charges
+4.22M Change in fair value of liabilities
+2.02M Payroll tax expense related to stock-based compensation
+1.15M Impairment of long-lived assets
-2.25M Interest income and expense, net
-4.74M Change in fair value of equity securities
-6.34M (Benefit from) provision for income taxes
= Adjusted EBITDA 60.32M
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| Adjusted EBITDA margin non-GAAP | 8% | Three Months Ended June 30, 2026 | — |
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| Free Cash Flow non-GAAP | -$68.2M | second quarter of 2026 | — |
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GAAP → non-GAAP reconciliationGAAP Net cash (used in) provided by operating activities -35.94M
-25.93M Purchases of property, equipment, and intangible assets in investing activities
-6.33M Investment in website development and internal-use software in investing activities
= Free Cash Flow -68.19M
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| Monthly Revenue per Average Subscriber | $92 | Three Months Ended June 30, 2026 | — |
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| Subscribers (end of period) | 2.89M | Three Months Ended June 30, 2026 | — |
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| Adjusted General and administrative non-GAAP | 59.36M | Three Months Ended March 31, 2026 | — |
GAAP → non-GAAP reconciliationGAAP General and administrative 109.67M
-21.94M Stock-based compensation
-15M Legal settlement costs
-13.37M Acquisition and transaction-related costs
= Adjusted General and administrative 59.36M
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| Adjusted gross margin % non-GAAP | 70% | Three Months Ended March 31, 2026 | — |
| Adjusted Gross Profit non-GAAP | 425.25M | Three Months Ended March 31, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Gross Profit 396.79M
+28.46M Restructuring and other related charges included within cost of revenue
= Adjusted Gross Profit 425.25M
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| Adjusted Marketing non-GAAP | 219.19M | Three Months Ended March 31, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Marketing 222M
-2.82M Stock-based compensation
= Adjusted Marketing 219.19M
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| Adjusted Net (Loss) Income non-GAAP | -43.6M | Three Months Ended March 31, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net (loss) income -92.12M
+33.49M Restructuring and other related charges
+15M Legal settlement costs
+13.37M Acquisition and transaction-related costs
-13.34M Tax effects of adjustments
= Adjusted Net (Loss) Income -43.6M
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| Adjusted Operations and support non-GAAP | 85.36M | Three Months Ended March 31, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Operations and support 96.5M
-6.11M Stock-based compensation
-5.03M Restructuring and other related charges included within operating expenses
= Adjusted Operations and support 85.36M
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| Adjusted Technology and development non-GAAP | 40.95M | Three Months Ended March 31, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Technology and development 46.94M
-5.99M Stock-based compensation
= Adjusted Technology and development 40.95M
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| Monthly Online Revenue per Average Subscriber | $81 | Year Ended December 31, 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Drug Manufacturers - Specialty & Generic — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
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HIMS
this stock
Hims & Hers Health, Inc.
|
$7.41B | -8.1% | +59.0% | — | 25.1% |
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JHPCY
Jiangsu Hengrui Pharmaceuticals Co., Ltd./ADR
|
$66.37B | — | — | — | 0.0% |
|
TAK
Takeda Pharmaceutical Co Ltd
|
$58.22B | +16.9% | — | — | 0.1% |
|
GALDY
Galderma Group AG/ADR
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$49.94B | +2.3% | — | — | 0.0% |
|
HLN
Haleon plc
|
$44.77B | +0.6% | — | — | 0.3% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| HIMS | -4.1% | +19.3% | +87.9% | +7.4% | -8.1% |
| SPY | -0.4% | +5.0% | +12.4% | +2.6% | +12.3% |
| vs SPY | -3.7% | +14.3% | +75.4% | +4.9% | -20.5% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.