Hinge Health stock pops 6% after first quarterly report since IPO

Hinge Health co-founders, Gabriel Mecklenburg and Daniel Perez celebrate its initial public offering at the New York Stock Exchange on May 22, 2025. Shares of Hinge Health popped 6% in extended trading on Tuesday after the digital physical therapy company reported quarterly results for the first time since its debut on the New York Stock Exchange in May. Here's how the company did based on average analysts' estimates compiled by LSEG: Loss: Loss per share of $13.10. That may not compare with the 9 cents per share earnings expected Loss per share of $13.10. That may not compare with the 9 cents per share earnings expected Revenue: $139 million vs. $125 million expected Revenue at Hinge increased 55% in the second quarter from $89.8 million during the same period last year, according to a release. Hinge reported a net loss of $575.65 million, or $13.10 per share, compared to a loss of $12.93 million, a loss of 96 cents per share, during the same period a year earlier. The company said its GAAP loss from operations was $580.7 million, which included $591.0 million from stock-based compensation expenses. "We're still introducing ourselves to the world," Hinge CEO Daniel Perez told CNBC in an interview on Tuesday. "The most important thing I'd hope for people to take away is the long-term potential of using software and connected hardware to automate care delivery itself."