Hims & Hers Health Inc. (HIMS) experienced a significant after-hours plunge of 5.09% following the release of its fourth-quarter and full-year 2025 financial results.
The drop is attributed to a mixed earnings report where the company's Q4 revenue of $617.8 million slightly missed analyst estimates. While earnings per share beat expectations, investors were concerned by a decline in gross margin and, more notably, a first-quarter 2026 revenue guidance range of $600 million to $625 million, which fell short of Wall Street forecasts.
Adding to the negative sentiment, a regulatory filing highlighted uncertainty regarding potential actions by the FDA, HHS, or DOJ concerning the marketing of compounded GLP-1 products, a treatment area the company is involved in. This regulatory overhang contributed to the after-hours sell-off.