🚨 Q1 Earnings Prediction

HIMS reports earnings after the bell on Monday, May 11. Here are our estimates.

A quick note on methodology:

• The forecast uses Bloomberg Second Measure credit card data to estimate U.S. revenue. We then add a separate “Rest of World” revenue estimate on top.

• Our coefficient of determination (“R squared”) is .995+, which gives us confidence in our predictions. The potential limitations are that deferred revenue is inherently difficult to model with complete precision and “Rest of World” sales data is more opaque than U.S. data. Given these factors, I think it’s reasonable to assume some error, maybe 1-2% to the upside or downside.

This is NOT financial advice:

• The following prediction is simply our best estimate for Hims Q1 2026 revenue.

Track record:

• Historically, our revenue predictions have been more accurate than most Wall Street analysts’. We have been within 1% of actual revenue most quarters.

Coming soon:

• We’ll be releasing an updated valuation model next week for premium subscribers, including our bull, base, and bear case price targets.

Without further ado….

Q1 2026 Revenue