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Hims & Hers Health, Inc. (HIMS)
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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

HIMS R&D Expense
$149.30M
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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

YearR&D ExpenseYoY 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
Data as of Thursday, June 11, 2026

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.

San Francisco, CA
1,637 employees
Healthcare / Medical - Equipment & Services
Sector
Healthcare
Industry
Medical - Equipment & Services
CEO
Andrew Dudum