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Stock research / United States / HROW · Pharmaceutical Preparations · Nasdaq

Harrow, Inc. (HROW)

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Harrow, Inc. (HROW) reported revenue of $71 million for Q2 FY2026, the quarter ended 30 June 2026, up 10.9% on the same quarter a year earlier. Net income was -$17 million, and diluted earnings per share $-0.46. The figures are the company's own, from the 10-Q it filed with the SEC on 10 August 2026.

Revenue$71 millionup 10.9%
Net income-$17 million
Diluted EPS$-0.46
QuarterQ2 FY2026ended 30 June 2026

Harrow (HROW) in brief

Harrow (HROW) reported revenue of $272 million for fiscal 2025, the year ended 31 December 2025, up 36.4% on the year before.
Read moreNet loss was $5 million and the diluted loss per share $0.14. Revenue was $200 million in fiscal 2024, $130 million in fiscal 2023, $89 million in fiscal 2022 and $72 million in fiscal 2021. Net income in the same years was a loss of $17 million, a loss of $24 million, a loss of $14 million and a loss of $18 million. Over the twelve months to 30 June 2026, Harrow reported revenue of $276 million and net loss of $37 million. Revenue grew 41.0% a year, compounded, over the five years to fiscal 2025. Harrow had 37 million shares outstanding at the latest filed count. At 30 June 2026 it carried $292 million of debt and $84 million of cash. At the close of 29 October 2026 the market cap of Harrow was $1.1 billion.

Ratios

From the filings

ROE-244.9%
ROCE-0.9%
Operating margin-1.0%
Net margin-13.5%
FCF margin1.8%
Interest cover-0.12
Debt to equity19.24
Cash conversionn/a
Share count, last 12 months2.1%
Sales CAGR, 3 years45.4%
Profit CAGR, 3 yearsn/a
EPS, TTM-$1.00

At the close of 29 October 2026

Price$29.98
Market cap$1.1 billion
Stock P/En/a
Price to book73.94
EV / EBITDAn/a
Dividend yieldn/a
Market cap / sales4.08
52-week high$54.80
52-week low$27.22
Price, 1 year-18.5%
Price CAGR, 3 years28.8%
Price CAGR, 5 years24.3%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on the borrowings Harrow, Inc. reports under its own heading, which is the only one it files; lease liabilities are separate lines. Nothing here is a valuation or a view.
HROWgreeksoup.ai
Daily prices to 29 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on HROW

Dividendsno dividend in its filings for fiscal 1999 onward
Filings21 in twelve months: 15 current reports (8-K), about 8 regulation FD disclosure; 5 results of operations; 4 other events; 3 material agreement; 2 acquisition or disposition completed
Planned insider sales1 Form 144 notice in twelve months, $450,000; latest 21 August 2026
Options tapeput/call 0.12 by open interest at the 29 October 2026 close; the straddle prices a 20.2% move to 20 November 2026
13F holders223 funds reported a position for the quarter to 30 June 2026; largest BlackRock, Inc.
Insider trading7 sales and 4 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest7.5 million shares short, 11.23 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 5 earnings press releases, each linked

Quarterly results, the last 20 quarters

Q3 FY2021Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue18.720.222.123.322.820.326.133.534.336.434.648.949.366.847.863.771.689.144.270.7
Cost of revenue4.95.16.06.56.76.28.310.010.111.310.612.512.014.115.516.217.718.517.220.3
Gross profit13.815.116.216.816.114.217.823.524.225.124.036.437.252.732.347.553.970.627.050.4
Gross margin74%75%73%72%71%70%68%70%71%69%69%74%76%79%68%75%75%79%61%71%
R&D6.13.90.70.90.80.70.71.21.43.32.13.12.34.83.02.93.311.75.98.1
SG&A11.412.713.414.215.415.215.920.021.026.228.831.833.634.840.533.235.943.343.253.3
Operating income-3.7-1.82.11.7-0.1-1.81.22.41.7-4.9-6.91.51.312.9-11.211.414.715.6-22.1-11.0
Operating margin-20%-9%9%7%-0%-9%5%7%5%-13%-20%3%3%19%-23%18%21%17%-50%-16%
Interest expense1.71.91.81.81.81.94.75.75.75.15.45.55.56.46.56.46.05.25.56.3
Pre-tax income-8.3-7.3-2.4-6.2-6.41.1-6.9-4.2-2.9-9.7-13.6-5.8-4.26.3-17.85.01.010.4-27.6-17.3
Tax raten/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a0%n/an/an/an/a
Net income-8.3-7.4-2.4-6.2-6.51.1-6.6-4.2-4.4-9.1-13.6-6.5-4.26.8-17.85.01.06.6-27.6-17.3
Net margin-45%-37%-11%-27%-28%5%-25%-13%-13%-25%-39%-13%-9%10%-37%8%1%7%-62%-24%
Diluted EPS-$0.31-$0.28-$0.09-$0.23-$0.24$0.05-$0.22-$0.14-$0.13-$0.26-$0.38-$0.18-$0.12$0.19-$0.50$0.13$0.03$0.17-$0.74-$0.46
Operating cash flow-2.1-1.51.04.9-0.4-3.7-8.24.6-1.28.7-4.6-2.73.0-17.819.7-0.816.68.4-9.0-9.8
Capital expenditure0.30.10.40.31.10.90.50.20.50.20.10.30.60.60.20.20.20.30.20.5
Free cash flow-2.4-1.60.64.6-1.5-4.6-8.74.3-1.78.5-4.7-3.12.3-18.319.5-1.016.48.1-9.2-10.2
Shares outstanding27m27m27m27m27m30m30m30m35m35m35m35m36m36m36m37m37m37m37m37m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 13 fiscal years and the trailing twelve months

FY2013 †FY2014 †FY2015FY2016 †FY2017FY2018FY2019 †FY2020 †FY2021FY2022FY2023 †FY2024FY2025TTM
Revenue0.01.79.719.926.841.451.248.972.588.6130200272276
Cost of revenuen/an/an/an/a13.516.516.714.518.225.439.649.267.973.6
Gross profit0.00.64.510.113.324.934.434.454.363.290.6150204202
Gross margin100.0%34.2%46.4%50.7%49.6%60.1%67.3%70.4%74.9%71.3%69.6%75.3%75.1%73.3%
Research and development1.60.20.30.70.40.82.12.411.13.06.712.220.929.0
Selling, general and administrative6.1n/an/an/a25.029.233.131.241.358.283.1129153176
Operating income-7.7-10.1-14.8-15.9-12.2-5.2-4.80.41.61.90.48.830.5-2.7
Operating margin-76868.8%-611.2%-152.6%-79.6%-45.4%-12.6%-9.4%0.8%2.2%2.2%0.3%4.4%11.2%-1.0%
Interest expensen/a0.0n/an/an/an/an/an/a5.47.221.322.824.223.0
Pre-tax incomen/an/an/a-19.2-12.914.6-0.1-3.4-17.9-14.0-23.7-17.3-1.4-33.4
Income taxn/a0.00.0-0.1-0.9n/a0.00.00.10.10.70.23.8n/a
Net income-7.6-10.1-15.9-19.1-12.014.60.2-3.4-18.0-14.1-24.4-17.5-5.1-37.2
Net margin-76431.2%-609.4%-163.6%-95.7%-44.8%35.3%0.3%-6.9%-24.8%-15.9%-18.7%-8.8%-1.9%-13.5%
Diluted EPS-$0.88-$1.11-$1.66-$1.50-$0.60$0.61$0.01-$0.13-$0.69-$0.51-$0.75-$0.49-$0.14-$1.00
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by segment FY2023 to FY2025

FY2023FY2024FY2025Share
of the parts, latest year
Branded50.311619671.9%
ImprimisRx79.983.576.528.1%
BrandedImprimisRx
130FY2023200FY2024272FY2025

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Profit by segment FY2023 to FY2025

The operating profit each segment reports. Costs Harrow does not charge to a segment are left out, so the segments can add up to more than the company's own operating profit.

FY2023FY2024FY2025Margin
FY2025
Branded18.829.353.527.3%
ImprimisRx22.831.915.119.8%
BrandedImprimisRx
41.6FY202361.2FY202468.7FY2025

$ million; the figure over a bar is all the segments together. Hover a block for its profit, sales and margin.

FY2025Share of salesShare of profit
Branded72%78%
ImprimisRx28%22%

Each column adds to 100%. A segment with a bigger share of the profit than of the sales makes more on each dollar it sells.

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where every segment with sales that year has an operating profit figure. A margin is a segment's operating profit over its own sales.

Cash flow and capital returned

FY2013 †FY2014 †FY2015FY2016 †FY2017FY2018FY2019 †FY2020 †FY2021FY2022FY2023 †FY2024FY2025TTM
Operating cash flow-4.4-7.1-11.1-11.2-8.80.70.9-1.15.11.73.8-22.243.96.3
Capital expenditure0.00.21.06.90.81.81.50.91.82.61.51.60.91.2
Free cash flow-4.5-7.2-12.1-18.1-9.6-1.1-0.5-2.03.3-0.92.4-23.843.05.0
Free cash flow margin-44589.5%-435.4%-124.9%-90.8%-35.8%-2.6%-1.0%-4.0%4.5%-1.0%1.8%-11.9%15.8%1.8%
Cash from investing-0.1-0.9-5.1-7.3-1.0-2.2-1.8-1.0-18.7-1.7-153-33.2-5.5-23.7
Cash from financing10.10.610.724.74.94.1-1.01.451.554.112728.5-12.748.4
Depreciation and amortisationn/a0.00.31.11.41.61.91.91.71.51.51.91.91.7
Share-based compensation3.12.63.43.72.92.51.82.85.78.015.717.612.514.7
Buybacks0.0-0.0n/an/an/an/an/an/an/an/an/an/an/an/a
Diluted shares, weightedn/an/an/an/a20m24m26m26m27m27m33m36m37m37m
Shares outstanding at period end9m9m10m19m21m24m26m26m27m30m35m36m37m37m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2013 †FY2014 †FY2015FY2016 †FY2017FY2018FY2019 †FY2020 †FY2021FY2022FY2023 †FY2024FY2025TTM
Funded by
Shareholders' equity15.18.2-1.46.42.624.827.727.211.327.670.869.752.415.2
Non-controlling interestn/an/an/an/an/an/a-0.3-0.4-0.4-0.4-0.4-0.4-0.4-0.4
Debtn/an/a8.37.923.523.512.220.0103152247263250292
Operating lease liabilitiesn/an/an/an/an/an/a6.36.76.07.36.58.87.97.4
Finance lease liabilitiesn/an/an/an/an/an/a0.00.00.0n/an/an/an/an/a
Other liabilities0.72.17.212.9n/a1.213.14.0n/an/an/a48.189.5102
Total liabilities and equity15.810.214.127.223.949.559.157.598.3157312389399417
Owned
Fixed assets0.00.22.77.36.26.45.43.93.13.53.53.73.33.0
Goodwilln/a0.32.52.22.22.20.30.30.30.30.30.30.30.3
Intangible assetsn/a0.63.13.02.93.12.31.915.823.7160185175176
Investmentsn/an/an/an/an/an/an/a28.58.55.68.7n/an/an/a
Cash and equivalents15.68.22.78.94.06.84.74.142.296.374.147.272.983.9
Receivablesn/a0.10.82.91.51.92.02.74.56.236.3116111119
Inventoryn/a0.41.41.82.21.83.34.04.26.510.910.713.516.9
Other assets0.20.40.91.14.827.241.012.219.715.218.525.623.418.6
Total assets15.810.214.127.223.949.559.157.598.3157312389399417
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded39.6%41.0%45.4%21.1%
Profit growth, compoundedn/an/an/an/a
Return on equity, average-98.8%-56.0%-23.1%-9.8%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Harrow's revenue in fiscal 2025?

Harrow (HROW) reported revenue of $272 million for fiscal 2025, the year ended 31 December 2025, up 36.4% on the year before.

How much did Harrow earn in fiscal 2025?

Net loss was $5 million for fiscal 2025, and the diluted loss per share $0.14.

What is Harrow's market cap?

The market cap of Harrow was $1.1 billion at the close of 29 October 2026.

How much debt does Harrow have?

At 30 June 2026 Harrow carried $292 million of debt and $84 million of cash.

Peers: Pharmaceutical Products

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Eli Lilly & Co. LLY$1.29 trillion44.5668.5%n/a45.5%1.230.5%
Johnson & Johnson JNJ$662.4 billion41.6919.7%n/a7.8%0.551.9%
AbbVie Inc. ABBV$513.9 billion82.15n/a26.2%10.4%n/a2.3%
Merck & Co., Inc. MRK$361.0 billion117.057.6%n/a4.6%1.292.3%
Novartis AG NVS *$307.3 billion22.5230.3%n/a8.4%0.622.5%
AstraZeneca PLC AZN *$270.6 billion26.6821.0%23.4%8.6%0.571.8%
Abbott Laboratories ABT$180.9 billion33.8410.6%15.8%8.1%0.642.4%
Novo Nordisk A/S NVO *$174.8 billion11.3452.8%41.3%6.4%0.674.5%
Pfizer Inc. PFE$170.7 billion39.415.1%n/a-0.2%0.745.7%
Vertex Pharmaceuticals Inc. VRTX$136.8 billion31.4421.8%38.0%10.2%0.00n/a
Bristol-Myers Squibb Co. BMY$125.5 billion13.6139.5%22.6%4.2%1.834.1%
Sanofi SNY *$105.2 billion12.0910.9%n/a6.2%0.265.1%
All 167 in Pharmaceutical Products
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Eli Lilly & Co. LLY$1.29 trillion44.5668.5%n/a45.5%1.230.5%
Johnson & Johnson JNJ$662.4 billion41.6919.7%n/a7.8%0.551.9%
AbbVie Inc. ABBV$513.9 billion82.15n/a26.2%10.4%n/a2.3%
Merck & Co., Inc. MRK$361.0 billion117.057.6%n/a4.6%1.292.3%
Novartis AG NVS *$307.3 billion22.5230.3%n/a8.4%0.622.5%
AstraZeneca PLC AZN *$270.6 billion26.6821.0%23.4%8.6%0.571.8%
Amgen Inc. AMGN$249.1 billion28.6474.8%30.0%9.1%4.902.1%
Gilead Sciences, Inc. GILD$205.5 billionn/a-27.4%-8.2%5.5%2.221.9%
Abbott Laboratories ABT$180.9 billion33.8410.6%15.8%8.1%0.642.4%
Novo Nordisk A/S NVO *$174.8 billion11.3452.8%41.3%6.4%0.674.5%
Pfizer Inc. PFE$170.7 billion39.415.1%n/a-0.2%0.745.7%
Vertex Pharmaceuticals Inc. VRTX$136.8 billion31.4421.8%38.0%10.2%0.00n/a
Bristol-Myers Squibb Co. BMY$125.5 billion13.6139.5%22.6%4.2%1.834.1%
Sanofi SNY *$105.2 billion12.0910.9%n/a6.2%0.265.1%
GSK plc GSK *$97.7 billion13.1134.9%24.3%4.1%1.083.5%
Moderna, Inc. MRNA$88.9 billionn/a-46.6%-149.0%-27.6%0.09n/a
Regeneron Pharmaceuticals, Inc. REGN$86.6 billion20.2013.7%24.7%9.3%0.060.4%
Takeda Pharmaceutical Company Limited TAK *$63.3 billionn/a-2.1%0.1%-1.7%0.663.3%
argenx SE ARGX *$55.5 billion45.8617.6%n/a89.9%0.00n/a
Teva Pharmaceutical Industries Ltd. TEVA$48.3 billion69.139.1%9.3%4.1%2.14n/a
IDEXX Laboratories Inc. IDXX$45.4 billion40.5070.7%32.0%12.8%0.60n/a
Biogen Inc. BIIB$36.9 billion106.761.8%4.3%2.3%0.41n/a
Royalty Pharma plc RPRX$36.7 billion35.278.3%59.6%10.0%0.921.4%
Genmab A/S GMAB *$36.3 billion36.7416.5%28.6%19.2%0.90n/a
Zoetis Inc. ZTS$32.6 billion12.9883.1%n/a1.5%2.872.6%
Roivant Sciences Ltd. ROIV$27.1 billionn/a-6.3%-7,914.8%-67.6%0.00n/a
United Therapeutics Corp. UTHR$25.3 billion21.2320.5%44.4%2.5%0.00n/a
Insmed Inc. INSM$24.5 billionn/a-83.4%-37.1%240.0%0.76n/a
Alnylam Pharmaceuticals, Inc. ALNY$23.3 billion9.0375.6%19.5%56.2%0.28n/a
BioNTech SE BNTX *$22.4 billionn/a-5.9%-49.0%4.3%0.01n/a
Viatris Inc. VTRS$22.1 billionn/a-2.9%-0.6%4.4%0.942.5%
Exelixis, Inc. EXEL$16.2 billion19.8448.3%40.2%9.1%0.00n/a
Halozyme Therapeutics, Inc. HALO$15.0 billion39.14288.1%35.9%41.2%14.95n/a
Neurocrine Biosciences Inc. NBIX$14.9 billion21.4719.1%23.6%34.4%0.00n/a
BridgeBio Pharma, Inc. BBIO$13.9 billionn/an/a-38.5%167.3%n/an/a
Jazz Pharmaceuticals plc JAZZ$13.5 billion14.3319.6%19.5%12.6%0.91n/a
Dr. Reddy’s Laboratories Limited RDY *$11.8 billion26.0511.4%15.0%3.2%0.210.6%
Elanco Animal Health Inc. ELAN$11.6 billionn/a-3.0%n/a12.0%0.56n/a
Bio-Techne Corp. TECH$11.3 billion63.238.6%20.7%-0.4%0.090.4%
Biomarin Pharmaceutical Inc. BMRN$11.1 billion155.191.2%4.4%11.2%0.66n/a
Twist Bioscience Corp. TWST$10.9 billionn/a-30.7%-33.6%19.2%0.03n/a
Repligen Corp. RGEN$10.6 billion258.472.0%8.2%16.5%0.26n/a
Kymera Therapeutics, Inc. KYMR$10.5 billionn/a-21.6%-396.0%133.8%0.00n/a
Madrigal Pharmaceuticals, Inc. MDGL$10.0 billionn/a-62.1%-25.1%149.0%0.65n/a
Krystal Biotech, Inc. KRYS$9.6 billion40.6417.8%44.9%22.6%0.00n/a
Protagonist Therapeutics, Inc. PTGX$9.3 billion140.039.9%20.7%34.8%0.00n/a
Corcept Therapeutics Inc. CORT$9.3 billion204.677.8%0.8%16.0%0.00n/a
ImmunityBio, Inc. IBRX$9.2 billionn/an/a-151.9%192.9%n/an/a
TG Therapeutics, Inc. TGTX$8.9 billion21.2073.1%17.1%76.1%1.23n/a
Cytokinetics Inc. CYTK$8.8 billionn/an/a-1,046.1%-21.1%n/an/a
Arrowhead Pharmaceuticals, Inc. ARWR$8.5 billionn/a-68.7%-33.8%16.8%1.86n/a
Kiniksa Pharmaceuticals International, plc KNSA$8.3 billion75.1015.4%13.8%58.2%0.00n/a
Alkermes plc. ALKS$7.6 billion119.423.7%7.0%10.8%0.84n/a
Axsome Therapeutics, Inc. AXSM$7.5 billionn/a-230.1%-24.0%56.9%2.26n/a
Ionis Pharmaceuticals Inc. IONS$7.4 billionn/a-128.5%-68.0%-7.4%3.01n/a
Amneal Pharmaceuticals, Inc. AMRX$6.8 billion43.55476.5%14.6%9.3%80.86n/a
Lantheus Holdings, Inc. LNTH$6.5 billion24.2321.0%19.4%2.3%0.43n/a
Rhythm Pharmaceuticals, Inc. RYTM$6.4 billionn/a-199.4%-83.6%53.5%1.03n/a
Ligand Pharmaceuticals Inc. LGND$6.3 billion33.9420.4%32.6%54.9%1.16n/a
CG Oncology, Inc. CGON$5.6 billionn/a-21.8%-4,056.2%1,030.3%0.00n/a
Mirum Pharmaceuticals, Inc. MIRM$5.6 billionn/an/a-134.9%44.0%n/an/a
PTC Therapeutics, Inc. PTCT$5.4 billionn/an/a12.8%-35.1%n/an/a
Scholar Rock Holding Corp. SRRK$5.4 billionn/an/an/an/a0.77n/a
Crispr Therapeutics AG CRSP$5.2 billionn/a-25.8%-3,990.0%-64.8%0.34n/a
Gossamer Bio, Inc. GOSS$5.2 billionn/an/a-311.7%32.4%n/an/a
Travere Therapeutics, Inc. TVTX$4.8 billionn/a-177.2%-6.8%77.1%24.58n/a
Adaptive Biotechnologies Corp. ADPT$4.5 billionn/a-44.7%-12.2%50.1%2.34n/a
Iovance Biotherapeutics, Inc. IOVA$4.3 billionn/a-39.3%-92.7%34.5%0.00n/a
Relay Therapeutics, Inc. RLAY$4.3 billionn/a-32.1%-2,999.7%23.9%0.00n/a
Indivior Pharmaceuticals, Inc. INDV$4.2 billionn/an/a40.6%16.4%n/an/a
Arcutis Biotherapeutics, Inc. ARQT$4.0 billion152.2912.9%7.4%76.1%0.49n/a
Liquidia Corp. LQDA$4.0 billion32.8771.0%37.4%2,233.6%n/an/a
AbCellera Biologics Inc. ABCL$4.0 billionn/a-18.4%-340.2%101.3%0.00n/a
Tango Therapeutics, Inc. TNGX$3.8 billionn/a-12.1%-253.4%121.5%0.00n/a
Organon & Co. OGN$3.6 billion17.9620.8%n/a-2.5%8.500.6%
Xenon Pharmaceuticals Inc. XENE$3.6 billionn/a-32.9%n/an/a0.00n/a
Acadia Pharmaceuticals Inc. ACAD$3.6 billion9.3529.1%7.6%11.8%0.00n/a
Viking Therapeutics, Inc. VKTX$3.4 billionn/a-106.6%n/an/a0.43n/a
Bausch Health Companies Inc. BHC$3.3 billionn/an/a11.2%10.8%n/an/a
DBV Technologies S.A. DBVT$3.2 billionn/a-139.5%-5,420.1%-31.5%0.00n/a
Tarsus Pharmaceuticals, Inc. TARS$3.2 billionn/a-13.4%-8.0%105.2%0.210.0%
Ideaya Biosciences, Inc. IDYA$3.2 billionn/an/an/an/a0.00n/a
Denali Therapeutics Inc. DNLI$3.1 billionn/an/an/an/a0.00n/a
Beam Therapeutics Inc. BEAM$3.0 billionn/a-8.0%-242.3%158.9%0.09n/a
Nurix Therapeutics, Inc. NRIX$3.0 billion11.7330.5%41.3%738.8%0.000.0%
Viridian Therapeutics, Inc. VRDN$2.8 billionn/a-58.4%-569.7%23,220.3%0.54n/a
Silence Therapeutics plc SLN$2.8 billionn/a-155.8%-11,106.8%-97.7%0.00n/a
Neogen Corp. NEOG$2.7 billionn/a-2.7%-0.8%-0.3%0.37n/a
Adma Biologics, Inc. ADMA$2.6 billion16.7941.4%43.8%8.0%0.48n/a
NewAmsterdam Pharma Co. N.V. NAMS$2.4 billionn/a-41.1%-3,432.2%-88.9%0.00n/a
Supernus Pharmaceuticals, Inc. SUPN$2.4 billionn/a-4.1%-5.7%26.9%0.00n/a
Precigen, Inc. PGEN$2.4 billionn/an/an/an/a2.15n/a
Arcus Biosciences, Inc. RCUS$2.4 billionn/a-99.1%-415.4%-55.3%0.22n/a
Celldex Therapeutics, Inc. CLDX$2.3 billionn/a-42.1%-207,534.4%-97.3%0.00n/a
Prestige Consumer Healthcare Inc. PBH$2.3 billion13.669.0%26.3%-1.4%1.05n/a
Aurinia Pharmaceuticals Inc. AUPH$2.3 billion7.5151.1%48.4%19.8%0.00n/a
Recursion Pharmaceuticals, Inc. RXRX$2.3 billionn/a-56.7%-991.7%-15.1%0.02n/a
Harmony Biosciences Holdings, Inc. HRMY$2.2 billion12.5318.1%24.0%24.3%0.15n/a
Agios Pharmaceuticals, Inc. AGIO$2.2 billionn/a-40.1%-466.8%140.6%0.00n/a
Perrigo Co. plc PRGO$2.2 billionn/a-69.0%-37.7%-4.2%1.317.3%
Vericel Corp. VCEL$2.2 billion91.346.5%6.0%23.0%0.00n/a
Biocryst Pharmaceuticals Inc. BCRX$2.2 billionn/an/a-33.3%68.7%n/an/a
Xencor Inc. XNCR$2.2 billionn/a-32.5%-205.8%-28.6%0.21n/a
Immunome Inc. IMNM$2.1 billionn/a-48.4%n/an/a0.00n/a
Septerna, Inc. SEPN$2.1 billionn/a-6.3%-44.0%13,520.1%0.00n/a
Zymeworks Inc. ZYME$2.1 billionn/a-186.6%-419.0%-69.8%0.00n/a
Trulieve Cannabis Corp. TRLV$2.0 billionn/a-61.8%-24.3%-3.9%0.38n/a
Sarepta Therapeutics, Inc. SRPT$2.0 billionn/a-8.9%-7.3%-20.4%0.55n/a
Vir Biotechnology, Inc. VIR$2.0 billionn/a-25.6%-92.4%1,495.9%0.00n/a
Schrodinger, Inc. SDGR$1.9 billionn/a-16.5%-59.2%8.9%0.00n/a
Xeris Biopharma Holdings, Inc. XERS$1.9 billionn/an/a10.9%36.3%n/an/a
Intellia Therapeutics, Inc. NTLA$1.9 billionn/a-55.0%-711.7%12.6%0.00n/a
Zenas BioPharma, Inc. ZBIO$1.8 billionn/an/an/an/a1.20n/a
Maze Therapeutics, Inc. MAZE$1.8 billionn/an/an/an/a0.09n/a
uniQure N.V. QURE$1.8 billionn/a-77.8%-1,071.5%30.2%0.15n/a
Novavax Inc. NVAX$1.7 billionn/an/a-56.6%-61.6%n/an/a
Nuvation Bio Inc. NUVB$1.7 billionn/a-59.0%-81.0%1,083.6%0.98n/a
Ultragenyx Pharmaceutical Inc. RARE$1.7 billionn/an/a-73.6%17.5%n/an/a
ANI Pharmaceuticals Inc. ANIP$1.6 billion15.5718.1%15.4%30.9%1.02n/a
Stoke Therapeutics, Inc. STOK$1.6 billionn/a-60.2%-809.7%-86.2%0.00n/a
UroGen Pharma Ltd. URGN$1.6 billionn/an/a-35.3%100.3%n/an/a
Immunocore Holdings plc IMCR$1.6 billionn/a-4.3%-5.2%21.0%0.940.0%
Ocular Therapeutix, Inc. OCUL$1.6 billionn/a-58.0%-603.0%-8.1%0.14n/a
Phibro Animal Health Corp. PAHC$1.6 billion16.0025.9%12.8%17.1%1.911.2%
Innoviva, Inc. INVA$1.5 billion5.2029.0%36.9%18.8%0.21n/a
Eton Pharmaceuticals, Inc. ETON$1.5 billion137.6927.2%15.4%81.5%0.60n/a
Pacira BioSciences, Inc. PCRX$1.4 billion103.972.2%2.7%5.7%0.54n/a
Taysha Gene Therapies, Inc. TSHA$1.4 billionn/a-38.6%-2,792.3%-32.3%0.13n/a
Omeros Corp. OMER$1.4 billionn/an/an/an/an/an/a
Syndax Pharmaceuticals Inc. SNDX$1.3 billionn/a-1,462.1%-77.1%222.3%16.17n/a
Cronos Group Inc. CRON$1.2 billion16.826.5%-1.4%37.5%0.00n/a
Opko Health, Inc. OPK$1.2 billionn/a-6.2%-8.2%-11.5%0.29n/a
Rapport Therapeutics, Inc. RAPP$1.2 billionn/an/an/an/a0.00n/a
Amphastar Pharmaceuticals, Inc. AMPH$1.1 billion15.9310.2%15.7%1.0%0.79n/a
Harrow, Inc. HROW$1.1 billionn/a-244.9%-1.0%21.1%19.24n/a
Janux Therapeutics, Inc. JANX$1.1 billionn/a-11.1%-598.1%5,367.0%0.00n/a
Mannkind Corp. MNKD$1.1 billionn/an/a2.3%30.5%n/an/a
Inhibrx Biosciences, Inc. INBX$1.1 billionn/an/an/an/an/an/a
Rigel Pharmaceuticals Inc. RIGL$961 million3.1575.7%31.5%3.3%0.09n/a
Kura Oncology, Inc. KURA$940 millionn/a-612.8%-411.9%n/a0.20n/a
QuidelOrtho Corp. QDEL$940 millionn/a-59.1%-30.8%-2.5%1.63n/a
Monte Rosa Therapeutics, Inc. GLUE$928 millionn/a-33.1%-633.0%-83.9%0.00n/a
Cryoport, Inc. CYRX$926 millionn/an/an/an/a0.38n/a
MeiraGTx Holdings plc MGTX$914 million13.6736.6%46.3%948.3%0.46n/a
Verastem, Inc. VSTM$874 millionn/an/an/an/a1.48n/a
Arbutus Biopharma Corp. ABUS$846 million5.4259.2%82.0%1,078.8%0.00n/a
Nektar Therapeutics NKTR$799 millionn/a-17.4%-257.8%-27.2%0.00n/a
Collegium Pharmaceutical, Inc. COLL$780 million19.3715.4%19.5%14.3%3.50n/a
Ardelyx, Inc. ARDX$772 millionn/a-37.4%-7.9%16.8%1.69n/a
Wave Life Sciences, Inc. WVE$715 millionn/a-52.4%-320.9%n/a0.00n/a
Design Therapeutics, Inc. DSGN$694 millionn/a-35.1%n/an/a0.00n/a
Gyre Therapeutics, Inc. GYRE$676 millionn/a-29.7%-14.0%16.8%0.00n/a
Lexicon Pharmaceuticals, Inc. LXRX$666 millionn/a-35.0%-131.4%-29.0%0.29n/a
Myriad Genetics Inc. MYGN$637 millionn/a-37.1%-12.2%-3.2%0.40n/a
Zevra Therapeutics, Inc. ZVRA$614 million11.0226.8%60.5%119.4%0.00n/a
Geron Corp. GERN$608 millionn/an/an/an/a0.55n/a
Ironwood Pharmaceuticals Inc. IRWD$598 million4.70n/a60.1%26.2%n/an/a
CorMedix Inc. CRMD$593 million3.5740.6%47.0%n/a0.00n/a
Aclaris Therapeutics, Inc. ACRS$559 millionn/a-60.8%-1,050.2%-51.0%0.00n/a
Puma Biotechnology, Inc. PBYI$538 million20.2619.3%13.2%-2.9%0.00n/a
Arvinas, Inc. ARVN$516 million79.051.7%-5.7%-15.0%0.00n/a
Phathom Pharmaceuticals, Inc. PHAT$507 millionn/an/a-9.3%86.8%n/an/a
Aquestive Therapeutics, Inc. AQST$505 millionn/an/a-97.5%22.6%n/an/a
CytomX Therapeutics, Inc. CTMX$496 millionn/a-26.4%-476.2%-87.0%0.00n/a
Evolus, Inc. EOLS$495 millionn/an/a-5.9%13.9%n/an/a
Monopar Therapeutics MNPR$483 millionn/an/an/an/a0.00n/a
Crescent Biopharma, Inc. CBIO$391 millionn/an/an/an/a0.00n/a
120 companies share its SEC industry code (Pharmaceutical Preparations); the rest are the names nearest in size in its wider industry, Pharmaceutical Products, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 202610 August 2026EDGAR
10-Q31 March 202611 May 2026EDGAR
10-K31 December 20252 March 2026EDGAR
10-Q30 September 202510 November 2025EDGAR
10-Q30 June 202511 August 2025EDGAR
10-Q31 March 20258 May 2025EDGAR
10-K31 December 202427 March 2025EDGAR
10-Q30 September 202414 November 2024EDGAR
10-Q30 June 20247 August 2024EDGAR
10-Q31 March 202413 May 2024EDGAR