Hims & Hers Health, Inc.
Hims & Hers Health Reports 69% YoY Revenue Growth in 2024
Summary
Hims & Hers Health, Inc. reported a 69% year-over-year increase in revenue to $1.476 billion for 2024, driven by a 45% growth in subscribers to 2.2 million. The company reported net income of $126 million and Adjusted EBITDA of $177 million for 2024. The company provided guidance for 2025, expecting revenue between $2.3 billion and $2.4 billion and Adjusted EBITDA between $270 million and $320 million.
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Exhibits (2)
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About Hims & Hers Health, Inc.
Hims & Hers Health, Inc. is a telehealth service provider that aims to simplify and enhance healthcare access for consumers. The company specializes in personal care and wellness products and services, offering both prescription and over-the-counter solutions. With a focus on destigmatizing health and wellness issues, Hims & Hers addresses areas such as dermatology, sexual health, hair care, and mental wellness, appealing to a broad demographic looking for convenient and private healthcare options. By facilitating online consultations with licensed medical professionals, the company allows users to receive medical advice, treatments, and prescriptions, all accessible from the comfort of their homes. Hims & Hers plays a significant role in the growing digital healthcare market, leveraging technology to provide more accessible and personalized healthcare experiences. Headquartered in San Francisco, the company capitalizes on the increase in demand for telehealth services, buoyed by advancements in digital health trends and the expanding e-commerce space for healthcare solutions.
Official SEC Documents
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