HIMS Q3 2025 Earnings — Income Statement Breakdown
For its Q3 2025 period (ending 2025-09-30), HIMS reported revenue of $599M, gross profit of $442M (73.8% gross margin), operating income of $12M, and net income of $16M (2.6% net margin). The flow of revenue into costs and profit is visualized below.
What changed
HIMS was profitable; revenue grew 9.9% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +9.9% | −62.9% | −5.2 pp |
Consensus estimate data is not available for this report.
HIMS Q3 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $599M | 100% |
| Cost of Revenue | −$157M | 26.2% |
| Gross Profit | $442M | 73.8% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | — | 0.0% |
| Other Operating Expenses | −$430M | 71.8% |
| Operating Income | $12M | 2.0% |
| Other Income, net | $416,000 | 0.1% |
| Income Tax Expense | $4M | 0.6% |
| Net Income | $16M | 2.6% |
Source: original SEC filing (filed 2025-11-03). Accession 0001773751-25-000352. Data normalized by EarningsFyi.