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Harrow HROW Q3 2025 earnings

Reported November 10, 2025 · After market close

Revenue$71.6MMiss by $16.4M
EPS$0.33Beat by $0.11
Revenue estimate$88.0M
EPS estimate$0.22

Next report

Nov 9, 2026 (in 2 months)
Revenue estimate$99.1M
EPS estimate$0.16

Financials

Q3 2025

Income statement

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Revenue$71.6M+45.4%
Gross profit$53.9M+44.8%
Operating income$14.7M+1,016%
Net income$1.0M+124%
EPS (diluted)$0.03+125%

Balance sheet

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Cash & equivalents$74.3M+2.3%
Total debt$377.9M+44.7%
Total equity$47.0M-18.9%
Total assets$363.1M+3.3%

Cash flow

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Operating cash flow$16.6M—
CapEx$210.0K-65.2%
Free cash flow$16.4M—

Valuation & ratios

Valuation

as of 09/30/25
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Market cap$1.78B+11.3%
Enterprise value$2.09B+16.6%
P/S7.1×-2.3×

Profitability

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Gross margin74.6%+2.0pp
Operating margin11.1%—
FCF margin7%+6.6pp

Returns & leverage

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Debt / equity8×+3.5×
Current ratio2.7×+1.2×

Segments

By product

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VEVYE$22.6M+336%
IHEEZO$21.9M+70.1%
Other branded products$6.9M-32.6%

By segment

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Branded$51.6M+80.7%
Compounding$20.1M-3.1%

FAQ

When did Harrow report Q3 2025 earnings?
Harrow (HROW) reported Q3 2025 earnings on November 10, 2025 after market close.
What were Harrow's Q3 2025 revenue and EPS?
Harrow reported revenue of $71.6M and eps of $0.33 for Q3 2025.
Did Harrow beat estimates in Q3 2025?
Revenue missed the consensus estimate of $88.0M by $16.4M. EPS beat the consensus estimate of $0.22 by $0.11.
How did Harrow's Q3 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 45.4% from $49.3M a year earlier.
Where can I find Harrow's Q3 2025 SEC filings?
You can read the 8-K earnings release (0001493152-25-021555) and the 10-Q periodic report (0001493152-25-021562) directly on SEC EDGAR. The filing index links above go to sec.gov.