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Harmony Biosciences Holdings, Inc. HRMY Q4 2025 Annual earnings

Reported February 24, 2026 · Before market open

Revenue$243.8MBeat by $3.5M
EPS$0.38Miss by $0.46
Revenue estimate$240.3M
EPS estimate$0.84

Next report

Nov 3, 2026 (in 2 months)
Revenue estimate$274.5M
EPS estimate$1.11

Financials

Q4 2025

Income statement

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Revenue$243.8M+21.1%
Gross profit$175.2M+19.3%
Operating income$38.6M-30.8%
Net income$22.5M-54.6%
EPS (diluted)$0.39-54.1%

Balance sheet

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Cash & equivalents$752.5M+66.1%
Total debt$169.2M-6.7%
Total equity$870.2M+32.0%
Total assets$1.3B+27.3%

Cash flow

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Operating cash flow$126.2M+67.0%
CapEx$107.0K-79.1%
Free cash flow$126.0M+67.9%

Valuation & ratios

Valuation

as of 12/31/25
See full
Market cap$2.16B+9.8%
Enterprise value$1.57B-7.0%
P/E13.6×+0.1×
P/S2.5×-0.3×

Profitability

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Gross margin77.2%-0.9pp
Operating margin24%-2.7pp
Net margin18.3%-2.1pp
FCF margin40.1%+9.5pp

Returns & leverage

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Return on equity20.8%-5.1pp
Debt / equity0.2×-0.1×
Current ratio3.6×+0.3×

Segments

By segment

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Rare Neurological Diseases$243.8M+21.1%

FAQ

When did Harmony Biosciences Holdings, Inc. report Q4 2025 earnings?
Harmony Biosciences Holdings, Inc. (HRMY) reported Q4 2025 earnings on February 24, 2026 before market open.
What were Harmony Biosciences Holdings, Inc.'s Q4 2025 revenue and EPS?
Harmony Biosciences Holdings, Inc. reported revenue of $243.8M and eps of $0.38 for Q4 2025.
Did Harmony Biosciences Holdings, Inc. beat estimates in Q4 2025?
Revenue beat the consensus estimate of $240.3M by $3.5M. EPS missed the consensus estimate of $0.84 by $0.46.
How did Harmony Biosciences Holdings, Inc.'s Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 21.1% from $201.3M a year earlier and eps declined 55.3% from $0.85.
Where can I find Harmony Biosciences Holdings, Inc.'s Q4 2025 SEC filings?
You can read the 8-K earnings release (0001104659-26-018858) and the 10-K periodic report (0001104659-26-018859) directly on SEC EDGAR. The filing index links above go to sec.gov.