HIMS Q4 2023 Earnings — Income Statement Breakdown
For its Q4 2023 period (ending 2023-12-31), HIMS reported revenue of $247M, gross profit of $204M (82.7% gross margin), operating income of −$400,000, and net income of $1M (0.5% net margin). The flow of revenue into costs and profit is visualized below.
What changed
HIMS was profitable; revenue grew 8.8% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +8.8% | +116.5% | +3.8 pp |
Consensus estimate data is not available for this report.
HIMS Q4 2023 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $247M | 100% |
| Cost of Revenue | −$43M | 17.3% |
| Gross Profit | $204M | 82.7% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | — | 0.0% |
| Other Operating Expenses | −$204M | 82.9% |
| Operating Income | −$400,000 | -0.2% |
| Other Income, net | $3M | 1.1% |
| Income Tax Expense | −$951,000 | 0.4% |
| Net Income | $1M | 0.5% |
Source: original SEC filing (filed 2024-02-26). Accession 0001773751-24-000023. Data normalized by EarningsFyi.