In Q4'25, HIMS reported a net income of $20.6M USD, marking a sequential decline from the $49.5M USD achieved in Q1'25 but remaining positive and significantly improved from the -$10.1M USD loss in Q1'23. Over the period from Q1'23 to Q4'25, net income transitioned from consistent quarterly losses averaging around -$8M USD to robust profitability starting in Q4'23, with a peak of $75.6M USD in Q3'24 driven by exceptional YoY growth of 1,099%. Subsequent quarters showed volatility, including a YoY surge to 1,990% in Q4'24 followed by contractions to -79% in Q3'25 and -21% in Q4'25, indicating a maturing growth trajectory amid potential market or operational challenges. Overall, the trend reflects strong recovery and expansion, with cumulative net income turning positive and accelerating through 2024 before moderating in 2025.