Harrow Health, Inc.

Harrow Health, Inc.

HROW
Harrow Health, Inc.US flagNASDAQ Global Market
38.54
USD
+0.28
- -
1.44BMarket Cap
Harrow Health, Inc.
HROW
(NASDAQ Global Market)

Recent

price

38.54

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
0.02
- -
0.18
1.01
1.56
1.34
1.89
2.02
1.89
2.71
3.21
3.99
5.6
7.42
7.41
Revenue per Share
-6.41
-2.65
-1.24
-0.88
-1.11
-1.66
-1.5
-0.6
0.67
0.01
-0.13
-0.69
-0.51
-0.75
-0.49
-0.14
-1
Basic EPS, GAAP
-5.82
-0.73
-0.43
-0.52
-0.79
-1.29
-1.44
-0.49
-0.07
-0.04
-0.08
-0.4
-0.22
-4.56
-1.71
1.16
-0.35
Free Cash Flow per Basic Share
- -
- -
0.04
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-2.61
-4.28
1.48
1.68
0.88
-0.14
0.35
0.13
1.02
1.09
1.06
0.42
0.92
2.01
1.96
1.41
0.41
Book Value per Share
-2.61
-4.28
1.48
1.68
0.78
-0.72
0.07
-0.12
0.8
0.98
0.94
-0.23
0.05
-2.6
-3.3
-3.34
-4.32
Tangible Book Value per Share
- -
- -
4
9
9
10
13
20
22
25
26
27
28
33
36
37
37
Basic Weighted Avg Shares
- -
- -
- -
- -
2
10
20
27
41
51
49
72
89
130
200
272
276
Sales/Revenue/Turnover
- -
- -
-4,178.88
-76,868.79
-611.27
-152.55
-78.12
-45.43
-12.61
-1.48
1.53
2.57
2.17
0.62
4.55
11.21
-1
Operating Margin (%)
- -
- -
- -
- -
- -
1
1
2
2
3
3
2
4
12
15
20
22
Depreciation Expense
-3
-1
-5
-8
-10
-16
-19
-12
15
- -
-3
-18
-14
-24
-17
-5
-37
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
36.27
Effective Tax Rate (%)
- -
- -
-5,383.54
-76,431.24
-609.52
-163.64
-95.71
-44.76
35.35
0.33
-6.87
-24.85
-15.9
-18.75
-8.76
-1.89
-13.51
Profit Margin (%)
- -
-2
10
15
7
- -
5
3
21
24
30
51
100
90
98
115
127
Working Capital
1
- -
- -
- -
- -
8
9
15
12
19
19
78
112
192
228
251
300
LT Debt
-1
-2
10
15
8
-1
6
3
25
27
27
11
27
70
69
52
15
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
-18.18
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
50.48
- -
- -
- -
- -
- -
- -
- -
29.94
Return on Capital (%)
- -
- -
- -
-60.88
-87
- -
- -
-264.95
106.88
0.64
-12.23
-96.07
-72.46
-49.64
-24.9
-8.42
-114.8
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1
1
1
LT Borrowings
243
292
292
LT Finance Leases
8
8
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
37
37
37
Market Capitalization
1,824
1,314
1,592

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
212
226
229
Cash, Cash Equivalents & STI
73
95
84
Accounts Receivable, Net
111
101
119
Inventories
14
16
17
Total Current Liabilities
96
91
102
Payables & Accruals
95
90
101
ST Debt
1
1
1
Deferred Revenue
1
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
45.34%
44.4%
-24.83%
Free Cash Flow
250.77%
499.01%
-170.24%
Net Income, GAAP
-204.73%
77.79%
-70.6%
Sales/Revenue/Turnover
42.04%
41.44%
36.41%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
35
49
49
67
200
2025
48
64
72
89
272
2026
44
71
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.38
-0.18
-0.12
0.19
-0.49
2025
-0.5
0.14
0.03
0.18
-0.14
2026
-0.74
-0.46
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Harrow Health, Inc. (NASDAQ: HROW) is an ophthalmic-focused healthcare company that develops, markets, and sells innovative prescription therapies for the eye care market. The company offers a portfolio of branded and compounded ophthalmic products, including ILEVRO (nepafenac ophthalmic suspension) 0.3%, an NSAID for postoperative inflammation and pain following cataract surgery; VEVYE (cyclosporine ophthalmic solution) 0.1%, a nanoemulsion formulation for dry eye disease treatment; and TRIESENCE (triamcinolone acetonide injectable suspension) 40 mg/mL, a corticosteroid for vitreoretinal diseases; as well as compounded formulations such as ZERVIATE (cetirizine ophthalmic solution) 0.24% for allergic conjunctivitis and various sterile ophthalmic preparations through its Harrow Equinox subsidiary. Harrow operates primarily in the United States, with headquarters in Nashville, Tennessee, where it was founded in 2012 as a specialty pharmaceutical firm focused on commercial-stage biopharmaceuticals before pivoting to ophthalmology under the leadership of CEO Mark L. Baum. The company serves ophthalmologists, optometrists, and ambulatory surgery centers through direct sales forces and distribution partnerships. In recent developments, Harrow completed the acquisition of the U.S. rights to ILEVRO from Novartis in February 2024, expanding its commercial portfolio and driving revenue growth; launched VEVYE commercially in 2024 following FDA approval as the first and only nanoemulsion cyclosporine solution for dry eye disease, with strong initial uptake reported in Q3 2024 earnings; and in November 2024, announced a strategic commercialization partnership with Visionology for Triesence and other sterile products in key markets, enhancing distribution reach. Additionally, the company raised approximately $80 million through a public offering in mid-2024 to fund product launches and acquisitions, and in late 2024, expanded its manufacturing capacity via the Harrow Equinox facility in North Carolina to meet growing demand for compounded ophthalmics amid FDA compounding regulations. These moves position Harrow for accelerated growth in the $15 billion U.S. ophthalmology market, with no major name changes or reorganizations reported in the last two years.

Company News

  • Harrow to Participate in Three Investor Conferences in September

  • Harrow's Iheezo Cuts Eye-Injection Discomfort by More Than Half

  • Harrow Announces IHEEZO® Data in Patient-Reported Discomfort Following Intravitreal Injections

  • Harrow, Inc. (HROW) Q2 2026 Earnings Call Transcript

  • Harrow Q2 Earnings Call Highlights

  • Harrow (HROW) Reports Q2 Loss, Misses Revenue Estimates

  • Harrow Acquires Global Rights to TYRVAYA®, the First and Only FDA-Approved Nasal Spray for Dry Eye Disease

  • Harrow To Report Second Quarter 2026 Financial Results After Market Close on August 10, 2026

  • Samsung Bioepis and Harrow Present Interim Data from a Large-Scale Post-Marketing Surveillance Study on SB11 (BYOOVIZ® / AMELIVU®), a Biosimilar to Lucentis (ranibizumab), at ASRS 2026

  • Harrow Highlights Growing Clinical Evidence Supporting IHEEZO® and BYOOVIZ® at ASRS 2026 Annual Meeting

  • Harrow Announces Commercial Launch of BYOOVIZ® in the United States

  • Samsung Bioepis Relaunches BYOOVIZ® (ranibizumab-nuna) in the United States in Partnership with Harrow

  • HROW Stock Rises on Relaunch of Ophthalmology Drug Verkazia in the US

  • Harrow Adds Another Piece To Ophthalmology Strategy

  • Harrow Re-Launches VERKAZIA® (cyclosporine ophthalmic emulsion) 0.1% for Vernal Keratoconjunctivitis, Addressing Significant Unmet Need in Pediatric Eyecare

  • Harrow to Present at William Blair's 46th Annual Growth Stock Conference

  • HROW Alert: Monsey Law Firm of Wohl & Fruchter LLP Investigating Harrow for Potential Securities Law Violations

  • Harrow, Inc. (HROW) Q1 2026 Earnings Call Transcript

  • Harrow Q1 Earnings Call Highlights

  • Harrow (HROW) Reports Q1 Loss, Lags Revenue Estimates