---
schema_version: "secwatch.filing_event.v1"
accession: "0001773751-23-000123"
form_type: "8-K"
ticker: "HIMS"
cik: "0001773751"
company_name: "Hims & Hers Health, Inc."
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T13:53:27.068687+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Hims & Hers Q1 revenue up 88% to $190.8M; raises FY2023 guidance

## Summary
- Revenue $190.8M (+88% YoY); net loss narrowed to $10.1M from $16.3M; adj. EBITDA $6.1M vs -$6.1M.
- Subscribers 1.2M (+87% YoY); monthly online revenue per subscriber $55 (+6%); AOV $90 (+15%).
- Gross margin improved to 80% from 74%.
- Raises FY2023 revenue guidance to $810M-$830M; adj. EBITDA guidance to $25M-$30M.

## SEC filing metadata
- accession: 0001773751-23-000123
- form_type: 8-K
- ticker: HIMS
- cik: 0001773751
- company_name: Hims & Hers Health, Inc.
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1773751/000177375123000123/0001773751-23-000123-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1773751/000177375123000123/hims-20230508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001773751-23-000123
- JSON: https://secwatch.observer/filing/0001773751-23-000123.json
- Plain text: https://secwatch.observer/filing/0001773751-23-000123.txt

## Key facts
- Earnings Releases
  Hims & Hers Health, Inc. reported the first quarter ended March 31, 2023 results: revenue $190.8 million, net income $(10.1) million. Guidance raised.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $190.8 million
  - Net income: $(10.1) million
  - Guidance: raised
  - Result: reported results
  source text: Hims & Hers Health, Inc. Reports First Quarter 2023 Financial Results and Raises Full Year 2023 Outlook Revenue of $190.8 million, up 88% year-over-year in Q1 2023 Net loss of $10.1 million; Adjusted EBITDA profitability of $6.1 million in Q1 2023 Subscribers grew to over 1.2 million, up 87% year-over-year in Q1 2023 Raises full year 2023 revenue guidance to a range of $810 million to $830 million and Adjusted EBITDA guidance to a range of $25 million to $30 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1773751/000177375123000123/0001773751-23-000123-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.