Harmony Biosciences Holdings (HRMY) Cost of Revenue (2020 - 2026)
Harmony Biosciences Holdings (HRMY) reported Cost of Revenue of $44.5 million for Q1 2026, up 39.13% on a YoY basis from $32.0 million in Q1 2025, and down 35.06% sequentially from $68.5 million in Q4 2025.
Harmony Biosciences Holdings (HRMY) Cost of Revenue (2020 - 2026) Analysis & Trends
Harmony Biosciences Holdings (HRMY) has 7 years of Cost of Revenue data on file, last reported at $44.5 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 39.13% year-over-year to $44.5 million; the trailing twelve-month figure through Mar 2026 stood at $210.9 million (up 30.71% YoY), and the FY2025 full-year result was $198.3 million, up 26.48% from the prior year.
- Cost of Revenue declined to $44.5 million in Q1 2026, from $68.5 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $68.5 million in Q4 2025 to a low of $14.7 million in Q1 2022.
- A 5-year average of $35.6 million and a median of $32.1 million in 2024 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue surged 60.51% in 2023 and rose 16.41% in 2025, its largest moves.
- Tracing HRMY's Cost of Revenue over 5 years: stood at $26.9 million in 2022, then jumped by 60.51% to $43.2 million in 2023, then rose by 26.09% to $54.4 million in 2024, then climbed by 25.98% to $68.5 million in 2025, then tumbled by 35.06% to $44.5 million in 2026.
- Business Quant data shows HRMY's Cost of Revenue at $44.5 million in Q1 2026, $68.5 million in Q4 2025, and $59.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 66,621.14 Bn | 66,620.85 Bn | - | - |
| 2 | Nanobiotix | 1,915.18 Bn | 1,915.11 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | - |
| 4 | BeOne Medicines | 471.27 Bn | 466.48 Bn | 1.35 Bn | 167.22 Mn |
| 5 | Vertex Pharmaceuticals | 121.81 Bn | 114.57 Bn | 2.59 Bn | 392.80 Mn |
| 6 | Regeneron Pharmaceuticals | 69.58 Bn | 60.82 Bn | 3.31 Bn | 296.00 Mn |
| 7 | Belite Bio | 62.72 Bn | 62.72 Bn | - | - |
| 8 | Argenx Se | 55.51 Bn | 50.33 Bn | 1.41 Bn | 145.00 Mn |
| 9 | Revolution Medicines | 37.35 Bn | 37.35 Bn | - | - |
| 10 | Harmony Biosciences Holdings | 2.09 Bn | 1.57 Bn | 170.88 Mn | 44.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 44.51 Mn |
| Mar 31, 2026 | 44.51 Mn |
| Dec 31, 2025 | 68.55 Mn |
| Dec 31, 2025 | 68.55 Mn |
| Sep 30, 2025 | 59.65 Mn |
| Sep 30, 2025 | 59.65 Mn |
| Jun 30, 2025 | 38.15 Mn |
| Jun 30, 2025 | 38.15 Mn |
| Mar 31, 2025 | 31.99 Mn |
| Mar 31, 2025 | 31.99 Mn |
| Dec 31, 2024 | 54.41 Mn |
| Dec 31, 2024 | 54.41 Mn |
| Sep 30, 2024 | 42.78 Mn |
| Sep 30, 2024 | 42.78 Mn |
| Jun 30, 2024 | 32.14 Mn |
| Jun 30, 2024 | 32.14 Mn |
| Mar 31, 2024 | 27.48 Mn |
| Mar 31, 2024 | 27.48 Mn |
| Dec 31, 2023 | 43.15 Mn |
| Dec 31, 2023 | 43.15 Mn |