Brand breakdown · Telehealth subscriptions

Hims & Hers grew on a quiz for every condition.

No add-to-cart: every ad and page leads to a short intake quiz, then a monthly plan. Revenue went from $527M in 2022 to $2.35B in 2025.

BLOOM10X did not work with Hims & Hers. This breakdown uses public sources only, linked below.

From filings and press releases
  1. 2022$527M revenue, 1.04M subscribers
  2. 2024$1.48B revenue, 2.23M subscribers
  3. Feb 2025First Super Bowl spot, “Sick of the System”
  4. 2025$2.35B revenue, $919M on marketing
  5. Feb 2026Second Super Bowl spot, “Rich People Live Longer”
  6. Nov 2026Q3 revenue $890M; 2026 guide $3.13B–$3.15B
$2.35BRevenue in 2025, up 59%Hims & Hers · Feb 2026
2.79MSubscribers on Sep 30, 2026Hims & Hers · Nov 2026
$919MMarketing spend in 2025Hims & Hers · Feb 2026
650%Traffic jump in the hours after its first Super Bowl adFierce Healthcare · Feb 2025
The numbers

Marketing fell from half of revenue to a third.

4.5xRevenue growth, 2022 to 2025Our math: $2,347.6M ÷ $526.9M = 4.5xHims & Hers 2023 and 2025 results
51.7%Of 2022 revenue spent on marketingOur math: $272.6M ÷ $526.9M = 51.7%Hims & Hers · Feb 2024
32.5%Of revenue spent on marketing, first nine months of 2026Our math: $731.5M ÷ $2,251.7M = 32.5%Hims & Hers · Nov 2026
$3662025 marketing spend per subscriber at year endOur math: $919.3M ÷ 2.511M = $366Hims & Hers · Feb 2026
$105Monthly revenue per average subscriber in Q3 2026, up from $81Hims & Hers · Nov 2026
684Active US Meta ads across the Hims and Hers pagesOur math: 399 + 285 = 684 (Meta’s estimates)Meta Ad Library · Nov 10, 2026

Revenue by year

Revenue · marketing share 2022$527M · 52% 2023$872M · 51% 2024$1.48B · 46% 2025$2.35B · 39% 2026$3.13B–$3.15B guide Share = marketing ÷ revenue, our math.
Sources: Hims & Hers full-year results for 2023 (Feb 2024) and 2025 (Feb 23, 2026); 2026 guide from the Q3 release, Nov 9, 2026. Bars to scale.

From ad to subscription

Meta ad684 active, one CTA: Get Started Today Condition page8 categories, each with its own quiz link Quiz, question 1Your goal: 5 answers, no price shown Licensed provider reviewDecides if a prescription fits Monthly subscriptionHair from $15/mo; weight loss $188 month 1
Our diagram, from hims.com pages and the Meta Ad Library on Nov 10, 2026.
“Revenue grew 49% year-over-year, our second consecutive quarter of acceleration.”
Yemi Okupe, CFO, Q3 2026 results, Nov 9, 2026
The plays

Five plays behind the growth.

  1. One door per condition

    The hims.com menu lists eight categories, from weight loss to skin (hims.com, Nov 10, 2026). Each has its own page and its own quiz link: /c/hl for hair, /c/e for sexual health, a weight loss quiz on the homepage.

    Copy this: give each buyer problem its own landing page and its own first question, instead of one store page for everyone.

  2. The quiz is the buy box

    There is no add-to-cart. “Get started” opens a quiz whose first question is the visitor’s goal, with five answers and no price on screen (hims.com/c/hl/goals). Prices sit lower on the page, from $15 a month.

    Copy this: for products that need a fit decision, swap “Add to cart” for a three-question finder that ends on one recommended product.

  3. Split the plan from the product

    Weight loss runs on a membership: $39 for the first month, then $149 a month, with the medication billed on top, from $149 a month for the Wegovy Pill (hims.com, Nov 10, 2026).

    Copy this: a cheap first month lowers the entry price, but put the renewal price right next to it. The FTC case below shows why.

  4. Buy the biggest night on TV

    “Sick of the System” aired in Super Bowl LIX in February 2025. Traffic jumped over 650% in the hours after, and the Hers app went from outside the top 10 to #2 in Health & Wellness (Fierce Healthcare, Feb 2025). It returned on Feb 8, 2026 with “Rich People Live Longer.”

    Copy this: a $1M–$10M brand can’t buy the Super Bowl, but it can test streaming TV in its own peak season.

  5. Hundreds of ads, one call to action

    About 399 ads ran on the Hims page and 285 on the Hers page. All 50 of the newest Hims ads used the headline “Get Started Today,” and all 50 were made in under 24 hours (Meta Ad Library, Nov 10, 2026).

    Copy this: test many angles, but keep one call to action and one landing step, so every test is read on the same number.

Buy box and CRO

The buy box is a quiz.

Screenshot: the Hims hair loss page on a phone, with the headline Hair loss treatment made for you, three ticked claims, a black Get started button, a See if treatment is right for me button, a compounded-drug note and a privacy choices panel
  1. 1
    A promise of fit“Made for you” sets up the quiz before any product is named.
  2. 2
    Three claims, one footnotedThe time claim points to separate studies of minoxidil and finasteride.
  3. 3
    Get startedOpens the quiz at /c/hl/goals. Not a cart.
  4. 4
    A softer second door“See if treatment is right for me” catches visitors not ready to start.
  5. 5
    The required noteCompounded products are not FDA approved, stated under the buttons.
  6. 6
    Consent firstThe panel asks before using data, which may include health information, for advertising.
hims.com/hair-loss on a phone · Nov 10, 2026

The hair loss path, in page order

  1. 1
    Name the problem, not the productThe page opens on hair loss and lists products further down.
  2. 2
    One actionEvery section ends in the same “Get started” link to the quiz.
  3. 3
    An easy first answerQuestion one asks about goals, from “receding hairline” to “none of the above”.
  4. 4
    An honest labelA line under the answers says responses are not shared with a provider.
  5. 5
    The expert step“Free consultation” and “Connect with a provider” are steps 1 and 2 of “Hims makes it simple”.
  6. 6
    A monthly priceStarting prices run from $15 (Minoxidil Serum) to $60 (Hair Power Pack) a month.
  7. 7
    Risk removedFree shipping in low-key packaging answers the embarrassment objection.

Our wireframe of hims.com/hair-loss and quiz step 1 on Nov 10, 2026. Not a copy of their page. Later quiz steps were not captured.

$188First month of weight loss care with the Wegovy PillOur math: $39 membership + $149 medication = $188hims.com · Nov 10, 2026
$298Each month after thatOur math: $149 membership + $149 medication = $298hims.com · Nov 10, 2026
$420A year of the Rx Hair Loss Spray at its starting priceOur math: $35 × 12 = $420hims.com/hair-loss · Nov 10, 2026

Four CRO lessons for a Shopify brand

  • Lead with the problem. Build one landing page per buyer problem and put the product grid below it. Conversion
  • Ask before you sell. A finder quiz that ends on one product beats a grid of twelve for anything that needs a fit decision.
  • Price per month, sell the bundle. Hims shows a single-ingredient price and a $60 Power Pack on the same page. Raise order value
  • Show the renewal on the button. A $39 first month only works if the $149 that follows is just as visible.
One door per condition

Each condition opens its own quiz.

hims.com/c/hl/goals · Nov 10, 2026

“Which best represents your hair loss and goals?”

Five answers, from “Receding hairline, want to slow its progress” to “None of the above.” No price, no product, no email on step one.

The page is set to noindex, so it lives only behind ads and buttons.

What a month costs

Minoxidil Serum$15 Finasteride$22 Rx Hair Loss Spray$35 Hair Power Pack$60 Weight loss, month 1 (Wegovy Pill)$188 Weight loss, each month after$298
Starting prices per month on hims.com, Nov 10, 2026. Weight loss = membership plus medication, our math. Bars to scale.

What weight loss care costs

Medication
First month
$188
Each month after
$298
Total
$3,466

Starting prices on hims.com, Nov 10, 2026: membership $39 the first month, then $149; medication billed on top, if prescribed. Before tax.

Ad anatomy

How “Sick of the System” is built.

  1. 1
    The problem, on screenIt opens on junk food and belly fat, not on the brand.
  2. 2
    Numbers as the hookStatistics on obesity’s health risks carry the middle.
  3. 3
    A villainBranded drug prices are framed as the system keeping options out of reach.
  4. 4
    The way outThe close sells Hims & Hers weight loss care as the alternative.

Our wireframe, built from Fierce Healthcare’s description (Feb 13, 2025) and the official video below. Not a copy of the spot. It aired in the third quarter of Super Bowl LIX, which drew 127.7M viewers per FOX Sports, and drew criticism from pharma groups and lawmakers.

Watch how long it runs before the brand appears.Hers YouTube · Super Bowl LIX, Feb 2025
Year two keeps the formula: a social claim first, then care sold as the fix.Hims YouTube · Super Bowl LX, Feb 2026
“In healthcare, whoever owns the customer relationship wins.”
Andrew Dudum, co-founder and CEO, Q3 2026 results, Nov 9, 2026
Their ads

Hundreds of ads behind an age gate.

Volume

About 684 active ads

About 399 on the Hims page and 285 on Hers, US only.

See the ads →
Headline

“Get Started Today”

On all 50 of the newest Hims ads.

See an ad →
Pace

50 ads in under 24 hours

Created between 5 p.m. Nov 9 and 4:30 p.m. Nov 10, 2026, ET.

See an ad →
Access

Creative hidden by age check

The Library shows each creative only after a logged-in age check.

See Hers ads →
“~400 results”, and each card asks you to log in to confirm your age before it shows the ad.Meta Ad Library, hims page · Nov 10, 2026
Where the ads land: four steps, and the first is a free consultation, not a purchase.hims.com/hair-loss · Nov 10, 2026

Counts are Meta’s estimates of active US ads, Nov 10, 2026. “50 newest” is the first page the Library API returned for the Hims page.

What doesn’t transfer

Read it with three caveats.

  • It’s regulated care. A provider decides each prescription. A Shopify product doesn’t need that step, so a quiz has to earn its place with a better recommendation.
  • The scale is not yours. $919M of marketing in 2025 buys Super Bowl spots. Streaming TV in a peak season is the version that fits $15K–$100K a month.
  • The FTC is suing over the subscription. In a case filed Jul 29, 2026, the FTC alleges unclear renewal terms, a hidden cancel button and health data shared with ad platforms. These are allegations, not findings.
  • What we’d change: a one-click cancel link and the renewal price beside every first-month price. Subscribers also fell from 2.89M in June to 2.79M in September 2026.
Copy this

Seven moves for a $1M–$10M brand.

  • Build one landing page per buyer problem, each with its own first question. Conversion
  • Replace “Add to cart” with a short finder on products that need a fit decision. Shopify development
  • Show the renewal price next to any discounted first order. Order value guide
  • Make cancel one click and save the customer with a pause option instead. Retention
  • Test streaming TV in your own peak season, not the Super Bowl. CTV advertising
  • Run many ad angles to one call to action and one landing step. Creative volume calculator
  • Track marketing as a share of revenue every quarter. CAC calculator

Selling something that needs a fit decision?

Book a call. We’ll look at where your quiz or product page loses buyers.

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Sources

Where every number comes from.

  1. Hims & Hers Health, “Hims & Hers Health, Inc. Reports Third Quarter 2026 Financial Results,” Business Wire, Nov 9, 2026. investors.hims.com
  2. Hims & Hers Health, “Hims & Hers Health, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results,” Feb 23, 2026. investors.hims.com
  3. Hims & Hers Health, “Hims & Hers Health, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results,” Feb 2024. investors.hims.com
  4. Heather Landi, “Hims & Hers sees 650% spike in traffic following Super Bowl ad as clash over compounded GLP-1s heats up,” Fierce Healthcare, Feb 13, 2025. fiercehealthcare.com
  5. Hims & Hers Health, “Hims & Hers Returns to the Big Game with a Message to All Americans: The Era of Health as a Luxury is Over,” Business Wire, Jan 29, 2026. investors.hims.com
  6. Federal Trade Commission, “FTC and States Act Against Hims & Hers for Deceptive and Unlawful Privacy Practices,” Jul 2026. ftc.gov
  7. McDermott Will & Schulte, “FTC, two states take aim at Hims & Hers’ subscription and health-data practices,” 2026 (complaint filed Jul 29, 2026). mcdermottlaw.com
  8. StockTitan, “Hims & Hers (HIMS) Earnings Show Subscribers Falling to 2.79 Million,” Nov 9, 2026 (June subscriber count and Hers share of US revenue). stocktitan.net
  9. Hims, hair loss page, quiz step 1, weight loss page and homepage, viewed Nov 10, 2026. hims.com/hair-loss, hims.com/c/hl/goals, hims.com/weight-loss, hims.com
  10. Hers, homepage, viewed Nov 10, 2026. forhers.com
  11. Meta Ad Library, active US ads for the hims and Hers pages, viewed Nov 10, 2026. facebook.com/ads/library
  12. Hers and Hims official YouTube channels, Super Bowl spots (2025 and 2026). youtube.com/@forhers, youtube.com/@forhims

Find the leak before you buy more traffic.

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  3. 3Strategy and plan
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