Harmony Biosciences Holdings (HRMY) Operating Expenses (2019 - 2026)
Harmony Biosciences Holdings (HRMY) posted Operating Expenses of $108.77 million for Q2 2026, down 4.7% from $114.16 million a year earlier and down 18.6% from the prior quarter.
Harmony Biosciences Holdings (HRMY) Operating Expenses (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Harmony Biosciences Holdings was $493.34 million, up 28.7% year-over-year; for FY2025, it came in at $461.64 million, up 25.8% from FY2024.
- Annual Operating Expenses has increased for five consecutive years, with a five-year compound annual growth rate of 32.0% (FY2020 to FY2025).
- In prior years, Harmony Biosciences Holdings' Operating Expenses was $367.09 million in FY2024 (+36.6%), $268.76 million in FY2023 (+14.8%), $234.19 million in FY2022 (+44.2%) and $162.39 million in FY2021 (+41.2%).
- The Q2 2026 figure stands as the lowest quarterly Operating Expenses since Q1 2025.
- On a year-over-year basis, Operating Expenses increased in six of the last eight quarters, with growth averaging 23.0%.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q2 2024, with growth of 91.5%; the weakest was Q3 2023, with a decline of 22.9%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $133.58 million (Q1 2026), $136.67 million (Q4 2025) and $114.32 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn | 10.12 Bn |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn | 10.56 Bn |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn | 12.80 Bn |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn | -6.09 Bn |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn | -9.70 Bn |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn | 6.54 Bn |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn | 18.20 Bn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | 6.68 Bn |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn | 2.09 Bn |
| 10 | Harmony Biosciences Holdings | 2.28 Bn | -473.07 Mn | 198.08 Mn | 108.77 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 108.77 Mn |
| Mar 31, 2026 | 133.58 Mn |
| Dec 31, 2025 | 136.67 Mn |
| Sep 30, 2025 | 114.32 Mn |
| Jun 30, 2025 | 114.16 Mn |
| Mar 31, 2025 | 96.49 Mn |
| Dec 31, 2024 | 91.13 Mn |
| Sep 30, 2024 | 81.55 Mn |
| Jun 30, 2024 | 119.31 Mn |
| Mar 31, 2024 | 75.10 Mn |
| Dec 31, 2023 | 85.06 Mn |
| Sep 30, 2023 | 63.46 Mn |
| Jun 30, 2023 | 62.31 Mn |
| Mar 31, 2023 | 57.92 Mn |
| Dec 31, 2022 | 53.81 Mn |
| Sep 30, 2022 | 82.35 Mn |
| Jun 30, 2022 | 54.99 Mn |
| Mar 31, 2022 | 43.04 Mn |
| Dec 31, 2021 | 44.77 Mn |
| Sep 30, 2021 | 45.08 Mn |
Harmony Biosciences Holdings Operating Expenses 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=operating-expenses&ticker=HRMY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "HRMY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=HRMY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();