What is Harrow's gross margin?

Harrow (HROW) reported gross margin of 74.1% in Q1 2026.

How has Harrow's gross margin changed year-over-year?

Harrow's gross margin decreased by 0.6% year-over-year, from 74.5% to 74.1%.

What is the long-term trend for Harrow's gross margin?

Over 5 years (2020 to 2025), Harrow's gross margin has grown at a 1.3% compound annual growth rate (CAGR), from 70.4% to 75.1%.

What does gross margin mean?

Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

Harrow HROW Gross margin

Gross margin at other companies

AbbVieABBV

70.7%0.0pp

Ocular TherapeutixOCUL

87.2%-3.4pp

ViatrisVTRS

34.4%-2.5pp

PBH

Prestige Consumer HealthcarePBH

54.7%-1.1pp

OrganonOGN

52.8%-4.4pp

Bristol-Myers SquibbBMY

70.5%0.0pp

Other financials

Income statement

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Revenue$44.2M-7.6%

Gross profit$27.0M-16.3%

Operating income-$22.1M-96.6%

Net income-$27.6M-55.2%

EPS (diluted)-$0.74-48.0%

Balance sheet

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Cash & equivalents$94.6M+41.8%

Total debt$308.6M-32.9%

Total equity$28.7M-49.1%

Total assets$419.5M+15.2%

Cash flow

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Operating cash flow-$9.0M-146%

CapEx$194.0K+14.1%

Free cash flow-$9.2M-147%

Valuation

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Market cap$1.59B+38.4%

Enterprise value$1.81B+13.8%

P/S5.9×+0.5×

Profitability

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Operating margin7.3%+5.2pp

Net margin-19.8%+18.0pp

FCF margin5.7%+5.0pp

Returns & leverage

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Return on equity-50%+17.5pp

Debt / equity10.7×+2.6×

Current ratio2.5×+1.6×

Where this comes from

Calculated from Harrow’s reported figures.

gross profit/total revenue=74.1%

Based on trailing twelve months.

The official record: Harrow’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Harrow's gross margin?: Harrow (HROW) reported gross margin of 74.1% in Q1 2026.
How has Harrow's gross margin changed year-over-year?: Harrow's gross margin decreased by 0.6% year-over-year, from 74.5% to 74.1%.
What is the long-term trend for Harrow's gross margin?: Over 5 years (2020 to 2025), Harrow's gross margin has grown at a 1.3% compound annual growth rate (CAGR), from 70.4% to 75.1%.
What does gross margin mean?: Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.