NYSE$HIMS

Hims & Hers Health Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported financial results for the fourth quarter and full year ended December 31, 2021, surpassing revenue and Adjusted EBITDA expectations.

Hims & Hers Health, Inc. reported a strong Q4 2021 with revenue reaching $84.7 million, a 104% increase year-over-year, and ending member subscriptions growing 95% year-over-year to 609,000. The company exceeded its revenue and Adjusted EBITDA guidance for both Q4 2021 and the full year 2021.

  • Q4 2021 revenue increased 104% year-over-year to $84.7 million.
  • Q4 2021 ending member subscriptions grew 95% year-over-year to 609,000.
  • Launched Hims & Hers mobile platform on the iOS app store.
  • Announced additional strategic national omnichannel retail collaborations with Amazon, CVS, GNC, Walgreens, and Walmart.

Headline financials

Total Revenue

$84.7M

Previous: $41.5M+104.3%
EPS (adj)

-$0.15

Previous: -$0.07-114.3%
Net Income

-$31.2M

Previous: -$5.23M-495.9%
Operating Income

-$21.6M

Previous: -$4.63M-366.2%
Gross Profit

$62.1M

Previous: $31.9M+94.7%
Cash & Equivalents

$71.8M

Previous: $27.3M+162.5%
Total Assets

$421M

Previous: $119M+254.3%
Stock-Based Comp

$12M

Previous: $1.09M+998.5%

Revenue & EPS history

Hims & Hers · Revenue · Quarterly

$84.7M

Q4 2021+104.3%vs Q4 2020
Beat estimate in 7 of 8 quarters(88%)
ActualEstimate

Revenue by segment

Hims & Hers · $84.7M total across 2 segments · Q4 2021

  • Online Revenue
    $78.3M+95.3%
  • Wholesale Revenue
    $6.39M+364.5%

Forward guidance

For Q1 2022, Hims & Hers expects revenue in the range of $90 million to $93 million and Adjusted EBITDA in the range of $(12) million to $(10) million. For full year 2022, the company expects revenue in the range of $365 million to $380 million and Adjusted EBITDA in the range of $(30) million to $(20) million.

Tailwinds

  • Revenue to be in the range of $90 million to $93 million for Q1 2022.
  • Adjusted EBITDA to be in the range of $(12) million to $(10) million for Q1 2022.
  • Revenue to be in the range of $365 million to $380 million for full year 2022.
  • Adjusted EBITDA to be in the range of $(30) million to $(20) million for full year 2022.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+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

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
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