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Harrow HROW Compounding — Revenue

Other segment segments

Branded
$30.7M+10.5%

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 — revenue?
Harrow (HROW) reported compounding — revenue of $13.5M in Q1 2026.
How has Harrow's compounding — revenue changed year-over-year?
Harrow's compounding — revenue decreased by 32.7% year-over-year, from $20.05M to $13.5M.
What does compounding — revenue mean?
This metric represents the total net revenue generated from the sale of compounded ophthalmic pharmaceutical products to customers, excluding any collected sales taxes. It serves as a primary indicator of market demand and commercial success within the company's specialized compounding business segment. Tracking this figure helps investors evaluate the scale and growth trajectory of the compounding product portfolio.

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