Hims & Hers Posts $753M in Q2 Revenue, Debuts Full-Year Outlook at $3.1B–$3.3B

summarizeSummary

Hims & Hers reported Q2 2026 revenue of $753 million (up 38% YoY) and issued its first full-year revenue guidance of $3.1–$3.3 billion, but gross margin fell to 64% and the company posted a net loss of $86 million amid acquisition and legal costs.

check_boxKey Events · Earnings and Guidance · HIMS

• Q2 Revenue Jumps 38% to $753M

  Revenue reached $753.2 million, up from $544.8 million a year ago, with international revenue surging over 17-fold to $131.4 million following the Eucalyptus acquisition.

• First Full-Year Guidance Issued

  Management initiated 2026 revenue guidance of $3.1–$3.3 billion and Adjusted EBITDA guidance of $275–$325 million, implying an 8% margin at the midpoint.

• Gross Margin Compresses to 64%

  Gross margin fell to 64% from 76% YoY, driven by restructuring charges related to the weight loss offering shift and the dilutive impact of the Eucalyptus acquisition.

• Net Loss of $86M Despite Revenue Growth

  The company swung to a net loss of $86.3 million from net income of $42.5 million a year ago, pressured by a $47.5 million legal contingency charge and higher operating expenses.

auto_awesomeAnalysis · HIMS · Industrial Applications And Services

A mixed quarter for Hims & Hers: revenue surged 38% to $753 million, fueled by a 17-fold leap in international revenue following the Eucalyptus acquisition, yet gross margin compressed sharply to 64% from 76% a year ago, and the company swung to a net loss of $86 million. The first-ever full-year revenue guidance of $3.1–$3.3 billion signals management's confidence in sustained growth, but the margin deterioration and a $47.5 million legal contingency charge tied to the FTC/state lawsuit raise questions about near-term profitability. Against a backdrop of recent convertible note issuance and an ongoing regulatory overhang, these results show a company investing heavily for scale while absorbing acquisition and legal costs.