Hims & Hers Health (HIMS) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 65.2%
EBITDA Margin: -9.3%
Op. Margin: -12.9%
Net Margin: -15.1%

Op. margin of -12.9% is down 22.8% YoY — costs are rising relative to revenue. Net margin at -15.1% and gross margin of 65.2% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit