GH Research (GHRS) Change in Working Capital (2020 - 2026)
GH Research's Change in Working Capital came in at -$845,000 for Q2 2026, compared with $1.16 million a year earlier.
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Analysis
GH Research (GHRS) Change in Working Capital (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, GH Research reported Change in Working Capital of -$2.35 million; for FY2025, it was -$3.09 million.
- Going back by year, Change in Working Capital was $188,000 in FY2024 (-88.6%), $1.65 million in FY2023 (-23.8%), $2.16 million in FY2022 and -$559,000 in FY2021.
- The five-year range for quarterly Change in Working Capital is -$4.67 million (Q3 2021) to $2.96 million (Q1 2026).
- The fastest year-over-year change in Change in Working Capital over five years came in Q2 2024 (growth of 140.0%), and the weakest in Q1 2024 (a decline of 77.5%).
- Business Quant data shows GHRS's Change in Working Capital at $2.96 million (Q1 2026), -$1.56 million (Q4 2025) and -$2.9 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | - |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | - |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | - |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 71.00 Mn |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | - |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | - |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | - |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 1.35 Bn |
| 10 | GH Research | 1.21 Bn | 87.22 Mn | - | -845,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -845,000.00 |
| Mar 31, 2026 | 2.96 Mn |
| Dec 31, 2025 | -1.56 Mn |
| Sep 30, 2025 | -2.90 Mn |
| Jun 30, 2025 | 1.16 Mn |
| Mar 31, 2025 | 213,000.00 |
| Dec 31, 2024 | -624,000.00 |
| Sep 30, 2024 | -1.43 Mn |
| Jun 30, 2024 | 1.68 Mn |
| Mar 31, 2024 | 557,000.00 |
| Dec 31, 2023 | 526,000.00 |
| Sep 30, 2023 | -2.05 Mn |
| Jun 30, 2023 | 700,000.00 |
| Mar 31, 2023 | 2.47 Mn |
| Dec 31, 2022 | 1.36 Mn |
| Sep 30, 2022 | -1.85 Mn |
| Jun 30, 2022 | 987,000.00 |
| Mar 31, 2022 | 1.67 Mn |
| Dec 31, 2021 | 2.62 Mn |
| Sep 30, 2021 | -4.67 Mn |
API Access
GH Research Change in Working Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=GHRS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-working-capital", "ticker": "GHRS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=GHRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();