HIMS Q4 2025 Earnings — Income Statement Breakdown
For its Q4 2025 period (ending 2025-12-31), HIMS reported revenue of $618M, gross profit of $444M (71.9% gross margin), operating income of $9M, and net income of $21M (3.3% net margin). The flow of revenue into costs and profit is visualized below.
What changed
HIMS was profitable; revenue grew 3.1% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +3.1% | +30.6% | +0.7 pp |
Consensus estimate data is not available for this report.
HIMS Q4 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $618M | 100% |
| Cost of Revenue | −$173M | 28.1% |
| Gross Profit | $444M | 71.9% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | — | 0.0% |
| Other Operating Expenses | −$435M | 70.4% |
| Operating Income | $9M | 1.5% |
| Other Income, net | $9M | 1.5% |
| Income Tax Expense | $2M | 0.4% |
| Net Income | $21M | 3.3% |
Source: original SEC filing (filed 2026-02-23). Accession 0001773751-26-000019. Data normalized by EarningsFyi.