🔴 HIMS is trading 13.18% down today on Q1 earnings miss and margin contraction

HIMS is trading at $25.30 (-13.18%) following a Q1 2026 earnings miss and a sharp swing to a quarterly loss.

• Revenue reached $608.1M against the $616.84M expected, while EPS fell to -$0.40 from +$0.20 year-over-year.
• Gross margins contracted to 65% from 73%, reflecting significant profitability headwinds as the company navigates its GLP-1 transition.
• The selloff persists despite management raising full-year revenue guidance to a midpoint of $2.9B.