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Hims & Hers Cuts Profit Guide After Loss

Hims & Hers reported third-quarter revenue of $890.4m and a loss, then cut its full-year profit guide. Its shares had already fallen more than 11% in today's regular session, before the results.

Hims & Hers (NYSE: HIMS) reported third-quarter revenue of $890.4m, up 49%, but swung to a net loss and cut its full-year adjusted EBITDA guidance. The company, which has 2.788m subscribers, published results at 4:05pm New York time (9:05pm UK) today.

The shares closed at $22.94 today, down 11.77% from $26.00 and the lowest close since at least the start of August, while the S&P 500 rose 2.35%. That fall came before the results, so it was not a reaction to them. It followed Friday’s 8.06% jump on a deal with Eli Lilly. Provisionally, the stock was down 0.61% at $22.80 after hours at 4:34pm New York time (9:34pm UK).

HIMS.US

Revenue compared with $599.0m a year earlier and sat inside the company’s own $880m to $900m guide from August. It was 0.27% below the $892.77m average estimate of 13 analysts on Yahoo Finance, as of today.

Diluted earnings per share were a loss of 14 cents against Yahoo’s consensus of a 6 cent profit, probably on a GAAP basis, and below the lowest estimate of a 5 cent loss. Net income of $15.8m a year ago became a net loss of $33.0m.

Gross margin fell to 57% from 74%, and general and administrative costs rose to $151.5m from $80.7m. Free cash flow was $26.0m, against $79.4m a year earlier.

Line chart of Hims & Hers daily closing share price from August to November 2026, falling to $22.94 on 9 November
Hims & Hers daily closing price, 3 August to 9 November 2026, in dollars.

Guidance is the weaker part. Full-year adjusted EBITDA is now $257m to $277m, against the $275m to $325m given in August. Fourth-quarter revenue is guided at $875m to $895m, with the top end below the lowest analyst estimate.

MetricReported or guidedYahoo Finance consensusDifference
Q3 revenue$890.4m$892.77m-$2.37m
Q4 revenue$875m-$895m$954.58m-7.3% at midpoint
FY2026 revenue$3.13bn-$3.15bn$3.21bn-2.2% at midpoint

The full-year revenue range replaces August’s $3.1bn to $3.3bn, but its midpoint and top end are both lower, by $60m and $150m respectively.

The conference call at 5pm New York time (10pm UK) has not yet been held, so after-hours prices remain provisional. The first full reaction comes at tomorrow’s US open, 2:30pm UK time.

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