Hims & Hers Q1 2026 net loss of $92 million; Q2 and full-year guidance set

Hims & Hers reported first-quarter 2026 revenue of $608.1 million, up 4%, and a net loss of $92.1 million, against net income a year earlier. Adjusted EBITDA fell to $44.3 million as gross margin dropped to 65%. The company guided Q2 revenue to $680 million to $700 million and full-year revenue to $2.8 billion to $3.0 billion, and said it would move to an annual rather than quarterly shareholder letter.

• Q1 revenue $608.1 million (+4%); US revenue down 8% to $529.9 million; Rest of World revenue $78.2 million.
• Subscribers 2.584 million (+9%); monthly revenue per average subscriber $80, down from $85.
• Gross margin 65%, down from 73%; net loss $92.1 million; EPS of $(0.40).
• Guidance: Q2 revenue $680 million to $700 million and adjusted EBITDA $35 million to $55 million; full-year revenue $2.8 billion to $3.0 billion; long-term 2030 targets of at least $6.5 billion revenue and $1.3 billion adjusted EBITDA.

SEC filing 8-K · accession 0001773751-26-000074 · sec.gov ↗