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Hims & Hers Health (HIMS) operating margin by quarter

Hims & Hers Health's operating margin was 1.5% in Q4 2025 (fourth quarter 2025), -0.5 pts from Q3 2025. Over the last 5 quarters it ranged from 1.5% (Q4 2025) to 9.9% (Q1 2025).

Hims & Hers Health operating margin by quarterHims & Hers Health operating margin by quarter3.9%Q4 20249.9%Q1 20254.9%Q2 20252.0%Q3 20251.5%Q4 2025
QuarterOperating marginQ/QY/Y
Q4 20251.5%-0.5 pts-2.4 pts
Q3 20252.0%-2.9 pts—
Q2 20254.9%-5.0 pts—
Q1 20259.9%+6.0 pts—
Q4 20243.9%——

Q4 2025 at a glance

Hims & Hers Health, Q4 2025: revenue $618M (+28% year over year), operating margin 1.5%, net earnings $20.6M, operating cash flow $61.3M. The chart follows the revenue to costs, profit and cash.

Questions

What is Hims & Hers Health's operating margin?

Hims & Hers Health's operating margin was 1.5% in Q4 2025 (fourth quarter 2025), -0.5 pts from Q3 2025.

How has Hims & Hers Health's operating margin changed?

Over the last 5 quarters it ranged from 1.5% (Q4 2025) to 9.9% (Q1 2025).

Q4 2025 results → · How Hims & Hers Health makes money →