NYSE$HIMS
Hims & Hers Health Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Reported record revenue, achieved Adjusted EBITDA profitability, and surpassed one million subscribers.
Hims & Hers Health, Inc. reported a record fourth quarter with a 97% increase in revenue year-over-year, reaching $167.2 million. The company also achieved Adjusted EBITDA profitability of $3.9 million and surpassed one million subscribers. For the full year 2022, revenue increased by 94% to $526.9 million.
- Q4 2022 revenue reached a record $167.2 million, a 97% increase year-over-year.
- The company achieved Adjusted EBITDA profitability of $3.9 million in Q4 2022.
- Hims & Hers surpassed one million subscribers by the end of 2022, reflecting an 88% year-over-year growth.
- Full year 2022 revenue totaled $526.9 million, up 94% year-over-year.
Headline financials
Revenue & EPS history
Hims & Hers · Revenue · Quarterly
$167M
Revenue by segment
Hims & Hers · $167M total across 2 segments · Q4 2022
- Online Revenue$161M+105.8%96.4%
- Wholesale Revenue$6.04M-5.4%3.6%
Forward guidance
Hims & Hers provided financial outlook for Q1 2023 and full year 2023. For Q1 2023, the company expects revenue of $175 million to $180 million and Adjusted EBITDA of $3 million to $6 million. For the full year 2023, the company expects revenue of $735 million to $755 million and Adjusted EBITDA of $20 million to $30 million.
Tailwinds
- Expects Q1 2023 revenue of $175 million to $180 million.
- Projects Q1 2023 Adjusted EBITDA of $3 million to $6 million.
- Anticipates full year 2023 revenue of $735 million to $755 million.
- Forecasts full year 2023 Adjusted EBITDA of $20 million to $30 million.
- Targets revenue of at least $1.2 billion by 2025.
Headwinds
- The guidance constitutes forward-looking statements and actual results may differ materially.
- The company cannot predict with reasonable certainty the ultimate outcome of certain components of such reconciliations.
- The company is unable to assess the probable significance of the unavailable information, which could materially impact the amount of future net loss.
- Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially.
- The forward-looking statements are based on current expectations and beliefs concerning future developments and their potential effects.
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 2022
+2.5%
Avg return
Earnings day
+3.8%
Avg return
5 days after
+12.2%
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 |
|---|---|---|---|---|
| Q1 2026 | +3.0% | -11.4% | — | |
| 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 | — | — | — |
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