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
DateValue
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%