Hims & Hers Health, Inc. (HIMS) Research & Development Expenses
The r&d expense for Hims & Hers Health, Inc. (HIMS) is $149.30 Million with a year-over-year change of +89.42%. Research and Development (R&D) expenses represent the costs incurred by a company in developing new products, services, or processes.
HIMS R&D Expense Chart
Current R&D Expense
$149.30M
$149.30 Million
Year-over-Year Change
+89.42%
vs. $78.82M prior year
Historical Data
7
Years of data available
Annual R&D Expense History
| Year | R&D Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $149.30M | +$70.48M | +89.42% |
| 2024 | $78.82M | +$30.59M | +63.43% |
| 2023 | $48.23M | +$18.99M | +64.95% |
| 2022 | $29.24M | +$6.86M | +30.64% |
| 2021 | $22.38M | +$11.14M | +99.14% |
| 2020 | $11.24M | +$11.24M | — |
| 2019 | $0 | — | — |
About Hims & Hers Health, Inc.
Hims & Hers Health, Inc. operates a comprehensive digital health platform that seamlessly links individuals with licensed medical professionals for virtual consultations and ongoing care. Through its user-friendly websites and mobile app, the company delivers a diverse portfolio of health and wellness solutions directly to consumers. This includes access to recurring prescription medications, alongside a wide selection of over-the-counter drugs, devices, cosmetics, and dietary supplements. Its core focus areas are general wellness, sexual health, skincare, and hair care. Specific non-prescription offerings span categories such as: Wellness: encompassing items like vitamin C, melatonin, biotin, and collagen protein supplements. Skincare: including products such as moisturizers, serums, and face washes. Sexual Health: providing essentials like condoms, climax delay sprays and wipes, vibrators, and lubricants. Hair Care: offering specialized shampoos, conditioners, scalp scrubs, and topical treatments like minoxidil. Beyond direct sales, Hims & Hers also distributes health and wellness products via wholesale partnerships. The company's headquarters are located in San Francisco, California.
- Sector
- Healthcare
- Industry
- Medical - Equipment & Services
- CEO
- Andrew Dudum