Hims Hers Health Inc (HIMS)
Net profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 101,258 | 18,103 | -2,351 | -23,546 | -35,720 | -46,993 | -59,515 | -65,700 | -85,932 | -83,033 | -72,507 | -107,659 | -81,727 | -71,657 | -63,485 | -18,114 | -12,157 | -5,850 | -4,886 |
| Revenue (ttm) | US$ in thousands | 1,241,994 | 1,067,137 | 959,401 | 872,000 | 792,584 | 710,721 | 616,372 | 526,916 | 444,412 | 373,749 | 320,878 | 271,878 | 228,645 | 195,796 | 171,008 | 148,757 | 132,060 | 90,736 | 54,832 |
| Net profit margin | 8.15% | 1.70% | -0.25% | -2.70% | -4.51% | -6.61% | -9.66% | -12.47% | -19.34% | -22.22% | -22.60% | -39.60% | -35.74% | -36.60% | -37.12% | -12.18% | -9.21% | -6.45% | -8.91% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $101,258K ÷ $1,241,994K
= 8.15%
The net profit margin of Hims Hers Health Inc has shown fluctuations over the historical periods provided. The trend indicates variability in the company's ability to generate profits relative to its revenue. The margin ranged from negative values, indicating losses in some periods, to positive values, reflecting profitability in other periods.
It is evident that the company has faced challenges in maintaining consistent profitability, as indicated by the negative margins recorded in several quarters. Additionally, the margins improved over more recent periods, suggesting potential efforts to enhance operational efficiency and cost management that led to better profitability.
Overall, the analysis of the net profit margin highlights the importance of monitoring and managing expenses relative to revenue to sustain and improve profitability in the long term.