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Harrow HROW Compounding — Cost of Goods Sold

Other segment segments

Branded
$10.95M+33.9%

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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$1.49B+22.8%
Enterprise value$1.7B+5.6%
P/S5.5×+0.2×

Profitability

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Gross margin74.1%-0.4pp
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

Reported directly by Harrow in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Harrow’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 4:31 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001493152-26-022254
Line itemBrandedCompoundingConsolidated
Product sales, net$30,631,000$13,499,000$44,130,000
Other revenues73,000-73,000
Total revenues30,704,00013,499,00044,203,000
Cost of sales10,954,0006,204,00017,158,000
Gross profit19,750,0007,295,00027,045,000
Operating expenses
Selling, general and administrative25,759,0006,742,00032,501,000
Research and development5,621,000210,0005,831,000

Item 1. Financial Statements (unaudited) Item

FAQ

What is Harrow's compounding — cost of goods sold?
Harrow (HROW) reported compounding — cost of goods sold of $6.2M in Q1 2026.
How has Harrow's compounding — cost of goods sold changed year-over-year?
Harrow's compounding — cost of goods sold decreased by 15.5% year-over-year, from $7.34M to $6.2M.
What does compounding — cost of goods sold mean?
This metric captures the direct costs associated with the production and delivery of compounded pharmaceutical products, including raw materials, labor, and manufacturing overhead. It is a critical measure of production efficiency and supply chain management for the compounding segment. Monitoring these costs is essential for understanding the segment's ability to maintain margins amidst fluctuations in input prices.

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