Hims & Hers Q1 Loss, Shares Drop 16%

Hims & Hers posted Q1 2026 net loss $92.1 million ($0.40 per share), missing consensus profit expectation of $0.01 per share.
Revenue rose 4% YoY to $608.1 million but fell short of $616.5 million estimate; U.S. sales dropped 8% to $529.9 million.
EBITDA fell 51% to $44.3 million, 5.5% below expectations, and gross margin slipped 360 bps to 69.9%.
Company raised 2026 revenue outlook to $2.8‑$3 billion, cut EBITDA midpoint to $312.5 million, and shares sank ~16% pre‑market.