Harmony Biosciences Holdings (HRMY) Gross Margin (2020 - 2026)
Harmony Biosciences Holdings' (HRMY) quarterly Gross Margin came in at 79.33% in Q1 2026, down 335.0% year-on-year from 33.76% in Q1 2025, and up 10.37% quarter-over-quarter from 71.88% in Q4 2025.
Harmony Biosciences Holdings (HRMY) Gross Margin (2020 - 2026) Analysis & Trends
Harmony Biosciences Holdings has disclosed Gross Margin across 7 years of filings, most recently posting 79.33% for Q1 2026.
- Gross Margin for Q1 2026 came in at 79.33%, down 335.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 76.55% (down 179.0% YoY), and the FY2025 annual result was 77.16%, down 90.0% from the prior year.
- Gross Margin came in at 79.33% for Q1 2026 at Harmony Biosciences Holdings, up from 71.88% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 82.75% in Q1 2022 to a low of 71.88% in Q4 2025.
- The 5-year median for Gross Margin is 80.41% (2022), against an average of 79.19%.
- Across the five-year window, Gross Margin plunged 467 bps in 2023 and jumped 46 bps in 2025, its largest moves.
- Harmony Biosciences Holdings' Gross Margin stood at 79.05% in 2022, then decreased by 6 bps to 74.38% in 2023, then fell by 2 bps to 72.97% in 2024, then declined by 1 bps to 71.88% in 2025, then grew by 10 bps to 79.33% in 2026.
- The last three Gross Margin figures came in at 79.33% (Q1 2026), 71.88% (Q4 2025), and 75.09% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 79.04% |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | - |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 86.85% |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Harmony Biosciences Holdings | 1.92 Bn | 1.28 Bn | 170.88 Mn | 79.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 79.33% |
| Dec 31, 2025 | 71.88% |
| Sep 30, 2025 | 75.09% |
| Jun 30, 2025 | 80.97% |
| Mar 31, 2025 | 82.68% |
| Dec 31, 2024 | 72.97% |
| Sep 30, 2024 | 77.01% |
| Jun 30, 2024 | 81.40% |
| Mar 31, 2024 | 82.22% |
| Dec 31, 2023 | 74.38% |
| Sep 30, 2023 | 79.85% |
| Jun 30, 2023 | 81.37% |
| Mar 31, 2023 | 82.56% |
| Dec 31, 2022 | 79.05% |
| Sep 30, 2022 | 80.41% |
| Jun 30, 2022 | 82.32% |
| Mar 31, 2022 | 82.75% |
| Dec 31, 2021 | 80.47% |
| Sep 30, 2021 | 81.91% |
| Jun 30, 2021 | 82.81% |