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Side-by-side financial comparison of GLAUKOS Corp (GKOS) and Hinge Health, Inc. (HNGE). Click either name above to swap in a different company.

Hinge Health, Inc. is the larger business by last-quarter revenue ($182.3M vs $150.6M, roughly 1.2× GLAUKOS Corp). Hinge Health, Inc. runs the higher net margin — 19.3% vs 6.2%, a 13.0% gap on every dollar of revenue. On growth, Hinge Health, Inc. posted the faster year-over-year revenue change (47.2% vs 41.2%).

Glaukos Corp is a medical technology company focused on ophthalmology, developing and commercializing minimally invasive surgical devices, prescription pharmaceuticals and consumer products for glaucoma, corneal diseases and other eye disorders. It operates primarily across North America, Europe and Asia Pacific, serving hospitals, ophthalmology clinics and patients worldwide.

Hinge Health is a leading digital musculoskeletal care solution provider that delivers clinically validated programs combining exercise therapy, pain management, and one-on-one health coaching for employers, health plans, and individual users across North America and Europe, focused on reducing chronic musculoskeletal pain and improving long-term physical health outcomes.

GKOS vs HNGE — Head-to-Head

Bigger by revenue
HNGE
HNGE
1.2× larger
HNGE
$182.3M
$150.6M
GKOS
Growing faster (revenue YoY)
HNGE
HNGE
+6.1% gap
HNGE
47.2%
41.2%
GKOS
Higher net margin
HNGE
HNGE
13.0% more per $
HNGE
19.3%
6.2%
GKOS

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
GKOS
GKOS
HNGE
HNGE
Revenue
$150.6M
$182.3M
Net Profit
$9.4M
$35.1M
Gross Margin
77.9%
84.6%
Operating Margin
9.0%
17.6%
Net Margin
6.2%
19.3%
Revenue YoY
41.2%
47.2%
Net Profit YoY
105.0%
EPS (diluted)
$0.41

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GKOS
GKOS
HNGE
HNGE
Q1 26
$150.6M
$182.3M
Q4 25
$143.1M
Q3 25
$133.5M
$154.2M
Q2 25
$124.1M
$139.1M
Q1 25
$106.7M
Q4 24
$105.5M
Q3 24
$96.7M
Q2 24
$95.7M
Net Profit
GKOS
GKOS
HNGE
HNGE
Q1 26
$9.4M
$35.1M
Q4 25
$-133.7M
Q3 25
$-16.2M
$-1.8M
Q2 25
$-19.7M
$-575.7M
Q1 25
$-18.1M
Q4 24
$-33.6M
Q3 24
$-21.4M
Q2 24
$-50.5M
Gross Margin
GKOS
GKOS
HNGE
HNGE
Q1 26
77.9%
84.6%
Q4 25
-1.1%
Q3 25
78.4%
81.8%
Q2 25
78.3%
70.3%
Q1 25
77.2%
Q4 24
72.9%
Q3 24
76.6%
Q2 24
76.4%
Operating Margin
GKOS
GKOS
HNGE
HNGE
Q1 26
9.0%
17.6%
Q4 25
-97.7%
Q3 25
-12.3%
-4.0%
Q2 25
-18.3%
-417.5%
Q1 25
-19.4%
Q4 24
-27.2%
Q3 24
-25.5%
Q2 24
-31.3%
Net Margin
GKOS
GKOS
HNGE
HNGE
Q1 26
6.2%
19.3%
Q4 25
-93.4%
Q3 25
-12.2%
-1.2%
Q2 25
-15.8%
-413.8%
Q1 25
-17.0%
Q4 24
-31.8%
Q3 24
-22.1%
Q2 24
-52.8%
EPS (diluted)
GKOS
GKOS
HNGE
HNGE
Q1 26
$0.41
Q4 25
$-2.34
Q3 25
$-0.28
$-0.02
Q2 25
$-0.34
$-13.10
Q1 25
$-0.32
Q4 24
$-0.56
Q3 24
$-0.39
Q2 24
$-1.00

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GKOS
GKOS
HNGE
HNGE
Cash + ST InvestmentsLiquidity on hand
$276.7M
$186.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$670.9M
$111.7M
Total Assets
$893.3M
$728.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GKOS
GKOS
HNGE
HNGE
Q1 26
$276.7M
$186.7M
Q4 25
$90.8M
Q3 25
$98.2M
$480.0M
Q2 25
$100.8M
$413.3M
Q1 25
$114.3M
Q4 24
$169.6M
Q3 24
$100.1M
Q2 24
$68.1M
Stockholders' Equity
GKOS
GKOS
HNGE
HNGE
Q1 26
$670.9M
$111.7M
Q4 25
$656.2M
Q3 25
$769.5M
$208.0M
Q2 25
$765.1M
$173.8M
Q1 25
$764.0M
Q4 24
$766.9M
Q3 24
$668.5M
Q2 24
$665.2M
Total Assets
GKOS
GKOS
HNGE
HNGE
Q1 26
$893.3M
$728.8M
Q4 25
$893.5M
Q3 25
$999.4M
$769.8M
Q2 25
$987.0M
$693.7M
Q1 25
$966.2M
Q4 24
$974.8M
Q3 24
$926.5M
Q2 24
$919.7M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GKOS
GKOS
HNGE
HNGE
Operating Cash FlowLast quarter
$43.1M
Free Cash FlowOCF − Capex
$41.6M
FCF MarginFCF / Revenue
22.8%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.23×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GKOS
GKOS
HNGE
HNGE
Q1 26
$43.1M
Q4 25
$6.8M
Q3 25
$-10.1M
$82.4M
Q2 25
$7.0M
$25.1M
Q1 25
$-18.5M
Q4 24
$507.0K
Q3 24
$-9.6M
Q2 24
$-18.4M
Free Cash Flow
GKOS
GKOS
HNGE
HNGE
Q1 26
$41.6M
Q4 25
$3.9M
Q3 25
$-11.7M
$82.3M
Q2 25
$5.8M
$24.9M
Q1 25
$-20.5M
Q4 24
$-1.2M
Q3 24
$-11.0M
Q2 24
$-20.5M
FCF Margin
GKOS
GKOS
HNGE
HNGE
Q1 26
22.8%
Q4 25
2.7%
Q3 25
-8.8%
53.4%
Q2 25
4.7%
17.9%
Q1 25
-19.2%
Q4 24
-1.2%
Q3 24
-11.4%
Q2 24
-21.4%
Capex Intensity
GKOS
GKOS
HNGE
HNGE
Q1 26
Q4 25
2.0%
Q3 25
1.2%
0.0%
Q2 25
0.9%
0.2%
Q1 25
1.8%
Q4 24
1.6%
Q3 24
1.5%
Q2 24
2.2%
Cash Conversion
GKOS
GKOS
HNGE
HNGE
Q1 26
1.23×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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