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Companies $HIMS
$27.75 +$0.04 (0.15%) Pre-market
Hims & Hers Health, Inc. logo

Hims & Hers Health, Inc.

forhims.com

What Do They Do?

Connects consumers with licensed clinicians online and offers prescription and non-prescription health products and care for a range of conditions.

How Do They Make Money?

Individuals buy prescription and non-prescription products and services on the company’s websites and apps; subscription customers are billed repeatedly as product shipments are sent, while one-time purchases are also available. Retailers buy non-prescription products through wholesale agreements.

FY2025 revenue

Who Are Their Customers?

Individuals buy mainly through the company’s websites and mobile apps. Retailers buy non-prescription products through wholesale agreements, and some products are sold in retail stores and online.

Do Revenues Turn Into Profits?

Yes. It kept 5 cents of every revenue dollar as net income in FY2025 and turned 2 cents into free cash flow.

Operating income, FY2025
4% of revenue
▲ +71% vs FY2024 ($61.9M, 4%)
Net income, FY2025
5% of revenue
▲ +2% vs FY2024 ($126M, 9%)
Free cash flow, FY2025
2% of revenue
▼ −71% vs FY2024 ($198.3M, 13%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +38%
vs $544.8M in Q2 FY2025
Net income
▼ Now a loss
vs $42.5M in Q2 FY2025
  • Aug 10, 2026 Raised full-year revenue guidance Now expects FY2026 revenue of $3.1 billion to $3.3 billion.
  • Jun 2, 2026 Completed its acquisition of Eucalyptus The acquisition expands its operations into Australia and Japan and deepens its presence in other markets.
  • Mar 11, 2026 Shifted U.S. weight-loss offering toward FDA-approved GLP-1 medicines Plans to offer a broader range of approved medicines and provide compounded semaglutide on a limited scale.

Growing. Revenue grew 8.6x in 4 years, from $271.9M in FY2021 to $2.3B in FY2025, about 71% a year.

Specialty offerings The older report described testosterone and menopause as future care opportunities; the latest report says the company launched offerings in those areas.

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