Q2 22 EPS
$-0.10
MISS 11.11%
Est. $-0.09
Q2 22 Revenue
$113.6M
BEAT +9.32%
Est. $103.9M
vs S&P Since Q2 22
+331.0%
BEATING MARKET
HIMS +413.8% vs S&P +82.7%
Market Reaction
Did HIMS Beat Earnings? Q2 2022 Results
Hims & Hers delivered a mixed but largely encouraging second quarter, posting revenue of $113.56 million, a gain of 87.1% year-over-year that cleared the $103.88 million consensus by 9.32%, even as its loss per share of $0.10 came in a penny wider th… Read more Hims & Hers delivered a mixed but largely encouraging second quarter, posting revenue of $113.56 million, a gain of 87.1% year-over-year that cleared the $103.88 million consensus by 9.32%, even as its loss per share of $0.10 came in a penny wider than the $0.09 estimate Wall Street had penciled in. The primary engine behind the top-line strength was subscription growth, with the company ending the period at 817,000 active subscriptions, up 80% from a year ago, while net orders nearly doubled to 1.39 million. That momentum came at a cost, as marketing spend more than doubled to $60.49 million, widening the net loss to $19.68 million from $9.15 million a year earlier. Management responded to the strong demand signals by raising full-year 2022 revenue guidance to a range of $470 million to $485 million, with third-quarter revenue expected between $129 million and $132 million, and signaled confidence in reaching Adjusted EBITDA profitability within the next four quarters.
Key Takeaways
- • 87% year-over-year revenue growth driven by subscription momentum
- • 817,000 subscriptions at quarter end, up 80% year-over-year
- • Second consecutive quarter of over 100,000 net new subscriptions
- • AOV increased to $78 from $74 year-over-year
- • Net orders grew to 1.385 million from 786,000 year-over-year
HIMS YoY Financials
Q2 2022 vs Q2 2021, source: SEC Filings
HIMS Revenue by Segment
With YoY comparisons, source: SEC Filings
HIMS Revenue by Geography
With YoY comparisons, source: SEC Filings
“Our second quarter results were outstanding. Each day, our platform is enabling deep, emotional, and personalized connections, helping to solve consumer health and wellness challenges with authenticity and at a scale we've never seen before.”
— Andrew Dudum, Q2 2022 Earnings Press Release
HIMS Earnings Trends
HIMS vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
HIMS EPS Trend
Earnings per share: estimate vs actual
HIMS Revenue Trend
Quarterly revenue: estimate vs actual
HIMS Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 MISS | $0.03 | $-0.40 | -1,266.18% | $608.1M | -1.42% |
| Q4 25 BEAT FY | $0.04 | $0.08 | +92.31% | $617.8M | +0.09% |
| FY Full Year | $0.47 | $0.51 | +8.46% | $2.35B | +0.03% |
| Q3 25 MISS | $0.10 | $0.06 | -41.00% | $599.0M | +3.30% |
| Q2 25 MISS | $0.23 | $0.17 | -25.83% | $544.8M | -1.31% |
| Q1 25 MISS | $0.23 | $0.20 | -12.32% | $586.0M | +8.84% |
| Q2 22 MISS | $-0.09 | $-0.10 | -11.11% | $113.6M | +9.32% |