Hinge Health Files for US IPO

In a significant move towards expanding its market presence, Hinge Health, a leading digital physical therapy startup, has officially filed for an Initial Public Offering (IPO) with the United States Securities and Exchange Commission (SEC). This filing, disclosed on Monday, marks a pivotal moment for the San Francisco-based company, signaling its readiness to go public on the New York Stock Exchange under the ticker symbol "HNGE."

Specializing in providing support for individuals suffering from musculoskeletal injuries, Hinge Health has revolutionized the way physical therapy is delivered. By facilitating recovery within the comfort of the patient's home, the company has made significant strides in making physical therapy more accessible and convenient.

With an impressive revenue of $390 million in 2024 and generating $45 million in free cash flow, Hinge Health has demonstrated robust financial health. Achieving gross margins of about 78%, the company stands out as a financially sound entity ready to take on the challenges of the public market.