Harmony Biosciences Holdings (HRMY) Operating Expenses (2019 - 2026)

Harmony Biosciences Holdings (HRMY) reported Operating Expenses of $133.6 million for Q1 2026, up 38.44% on a YoY basis from $96.5 million in Q1 2025, and down 2.26% sequentially from $136.7 million in Q4 2025.

Harmony Biosciences Holdings (HRMY) Operating Expenses (2019 - 2026) Analysis & Trends

Harmony Biosciences Holdings (HRMY) has 8 years of Operating Expenses data on file, last reported at $133.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 38.44% year-over-year to $133.6 million; the trailing twelve-month figure through Mar 2026 stood at $498.7 million (up 28.38% YoY), and the FY2025 full-year result was $461.6 million, up 25.76% from the prior year.
  • Operating Expenses declined to $133.6 million in Q1 2026, from $136.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $136.7 million in Q4 2025 to a low of $43.0 million in Q1 2022.
  • A 5-year average of $86.2 million and a median of $82.3 million in 2022 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses decreased 22.93% in 2023 and jumped 91.5% in 2024, its largest moves.
  • Tracing HRMY's Operating Expenses over 5 years: stood at $53.8 million in 2022, then soared by 58.08% to $85.1 million in 2023, then rose by 7.13% to $91.1 million in 2024, then surged by 49.98% to $136.7 million in 2025, then slipped by 2.26% to $133.6 million in 2026.
  • Business Quant data shows HRMY's Operating Expenses at $133.6 million in Q1 2026, $136.7 million in Q4 2025, and $114.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -28.01 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 1.10 Bn
4 NuCana 279.75 Bn 279.75 Bn - -3.78 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.85 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 2.96 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 32.68 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 2.89 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 445.22 Mn
10 Harmony Biosciences Holdings 2.07 Bn 1.55 Bn 170.88 Mn 133.58 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 37.82 Mn