HIMS Q2 2025 Earnings — Income Statement Breakdown
For its Q2 2025 period (ending 2025-06-30), HIMS reported revenue of $545M, gross profit of $416M (76.4% gross margin), operating income of $27M, and net income of $43M (7.8% net margin). The flow of revenue into costs and profit is visualized below.
What changed
HIMS was profitable; revenue fell 7.0% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | −7.0% | −14.1% | −0.6 pp |
Consensus estimate data is not available for this report.
HIMS Q2 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $545M | 100% |
| Cost of Revenue | −$129M | 23.6% |
| Gross Profit | $416M | 76.4% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | — | 0.0% |
| Other Operating Expenses | −$389M | 71.5% |
| Operating Income | $27M | 4.9% |
| Other Income, net | $6M | 1.1% |
| Income Tax Expense | $10M | 1.8% |
| Net Income | $43M | 7.8% |
Source: original SEC filing (filed 2025-08-04). Accession 0001773751-25-000248. Data normalized by EarningsFyi.