NYSE$HIMS
Hims & Hers Health Inc · Q2 2025 earnings
Q2 2025 earnings · · After market close · Investor relations
Briefing
Hims & Hers Health Inc reported robust revenue growth in Q2 2025 fueled by subscriber expansion and personalized product adoption.
The company achieved $544.8 million in revenue for the three months ended June 30, 2025, representing a 73% increase year-over-year. Net income reached $42.5 million with strong performance in online subscriptions, particularly GLP-1 weight loss offerings. Operating income was $26.7 million as the business continued scaling its platform and fulfillment capabilities.
- Online revenue grew 75% to $536.9 million driven by 31% subscriber increase to 2.44 million and higher ARPU from personalized solutions.
- Gross profit rose 62% to $416.2 million, though gross margin declined to 76% due to mix shift toward higher-cost GLP-1 offerings.
- Adjusted EBITDA reached $82.2 million (15% margin), reflecting operating leverage despite elevated marketing and technology investments.
- Cash and cash equivalents stood at $1.12 billion following the convertible notes issuance, providing substantial liquidity for growth initiatives.
Headline financials
Revenue & EPS history
Hims & Hers · Revenue · Quarterly
$545M
Revenue by segment
Hims & Hers · $545M total across 2 segments · Q2 2025
- Online Revenue$537M—98.5%
- Wholesale Revenue$7.95M—1.5%
Forward guidance
Management expects personalized offerings to increasingly drive future online revenue growth.
Tailwinds
- Continued subscriber growth and uptake of personalized solutions across the platform.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports
+2.5%
Avg return
Earnings day
+3.8%
Avg return
5 days after
+11.7%
Avg return
30 days after
50%
13 / 26 earnings
Positive
+41.1%
Q4 2023
Best reaction
-22.3%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| Q1 2026 | +3.0% | -11.4% | -1.8% | |
| Q4 2025 | -2.8% | -6.4% | +34.5% | |
| Q3 2025 | -3.6% | -7.6% | -9.8% | |
| Q1 2025 | +18.5% | +24.1% | +26.0% | |
| Q4 2024 | -22.3% | -12.1% | -37.8% | |
| Q3 2024 | +1.4% | +15.0% | +66.6% | |
| Q2 2024 | -4.0% | -9.2% | -16.9% | |
| Q1 2024 | +9.7% | +9.1% | +93.2% | |
| Q4 2023 | +41.1% | +37.8% | +65.3% | |
| Q3 2023 | +7.6% | +5.1% | +37.3% | |
| Q2 2023 | -8.7% | -11.7% | -15.2% | |
| Q1 2023 | -11.5% | -10.2% | -23.9% | |
| Q4 2022 | +15.4% | +6.0% | +2.7% | |
| Q3 2022 | +30.1% | +37.2% | +64.7% | |
| Q2 2022 | -3.4% | +9.2% | -0.6% | |
| Q1 2022 | -13.0% | -13.5% | +5.3% | |
| Q4 2021 | +8.0% | +20.5% | +19.8% | |
| Q3 2021 | -7.0% | -1.3% | -26.3% | |
| Q2 2021 | +7.0% | -4.7% | +11.1% | |
| Q1 2021 | +13.7% | +44.9% | +33.1% | |
| Q2 2020 | -8.4% | -7.2% | -21.9% | |
| Q4 2020 | -7.5% | -15.4% | -21.3% | |
| Q3 2020 | +0.1% | +0.0% | +17.5% | |
| Q1 2020 | -0.7% | -0.5% | +0.1% | |
| Q4 2019 | +1.4% | +2.1% | +2.2% | |
| Q3 2019 | +0.0% | +0.3% | -0.6% | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro