Hinge Health, Inc. (HNGE) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 07, 2026

Risk Assessment Details

Potential Dilution: 28.75% of current shares
Recent Dilution: 151.29% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
55M
Potential Supply
16M
Additional shares possible
Splits
None
Past 2 years

Summary

HNGE currently has 54.7M outstanding shares. with moderate dilution risk from 15.7M authorized shares representing 28.8% potential dilution. The company has significantly diluted shareholders by 151.29% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 07, 2026

10-Q filing | 54.7M shares outstanding

55M 16M
Nov 07, 2025

10-Q filing | 37.9M shares outstanding

38M 16M
Aug 11, 2025

10-Q filing | 27.2M shares outstanding

27M 16M
May 16, 2025

S-1/A filing: This S-1/A filing includes information about the company's offering of Class A common stock, Class B common stock, and Series E preferred stock. It details the number of shares offered by the company and selling stockholders, as well as the total shares outstanding after the offering. It also discusses the use of proceeds, voting rights, and other rights of the different classes of stock.

16M 16M
May 13, 2025

S-1/A filing: This S-1/A filing registers the offering of Class A common stock by the company and selling stockholders, along with an option for underwriters to purchase additional shares.

78M 16M
May 05, 2025

S-1/A filing: This is an S-1/A filing related to an offering of Class A common stock by the company and selling stockholders, including an option to purchase additional shares.

N/A 0
Apr 07, 2025

S-1/A filing: This is an S-1/A filing for an initial public offering involving Class A common stock offered by the company and selling stockholders, including an option to purchase additional shares.

N/A 0
Mar 10, 2025

S-1 filing: This is an S-1 filing for an initial public offering of Class A common stock, with additional offerings by selling stockholders and an option to purchase additional shares. The filing also discusses outstanding shares of Class B common stock and Series E preferred stock, as well as voting rights and use of proceeds.

N/A 0
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