Harrow (HROW) Gross Margin (2013 - 2026)
Harrow (HROW) recorded quarterly Gross Margin of 61.18% in Q1 2026, down 22.82% quarter-over-quarter from 79.27% in Q4 2025, and down 636.0% on a YoY basis from 11.41% in Q1 2025.
Harrow (HROW) Gross Margin (2013 - 2026) Analysis & Trends
Harrow's Gross Margin history runs 14 years deep, the most recent figure standing at 61.18% for Q1 2026.
- In Q1 2026, Gross Margin fell 636.0% year-over-year to 61.18%; the TTM figure through Mar 2026 stood at 74.11% (down 42.0% YoY), while the FY2025 annual figure was 75.05%, down 28.0% from the prior year.
- Gross Margin was 61.18% for Q1 2026 at Harrow, down from 79.27% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 79.27% in Q4 2025 to a low of 61.18% in Q1 2026.
- Historically, Gross Margin has averaged 71.73% across 5 years, with a median of 70.62% in 2023.
- The sharpest annual moves came in 2024 and 2026: Gross Margin soared 994 bps in 2024, then sank 636 bps in 2026.
- A 5-year view of Gross Margin shows it stood at 69.67% in 2022, then retreated by 1 bps to 68.91% in 2023, then grew by 14 bps to 78.85% in 2024, then rose by 1 bps to 79.27% in 2025, then fell by 23 bps to 61.18% in 2026.
- The last three Gross Margin figures came in at 61.18% (Q1 2026), 79.27% (Q4 2025), and 75.28% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 49.52% |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 71.66% |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 82.93% |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | 49.50% |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 98.31% |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 57.26% |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | -293.83% |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 61.20% |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 65.25% |
| 10 | Harrow | 1.23 Bn | 1.14 Bn | 27.05 Mn | 61.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 61.18% |
| Dec 31, 2025 | 79.27% |
| Sep 30, 2025 | 75.28% |
| Jun 30, 2025 | 74.54% |
| Mar 31, 2025 | 67.54% |
| Dec 31, 2024 | 78.85% |
| Sep 30, 2024 | 75.60% |
| Jun 30, 2024 | 74.38% |
| Mar 31, 2024 | 69.49% |
| Dec 31, 2023 | 68.91% |
| Sep 30, 2023 | 70.62% |
| Jun 30, 2023 | 70.12% |
| Mar 31, 2023 | 68.31% |
| Dec 31, 2022 | 69.67% |
| Sep 30, 2022 | 70.55% |
| Jun 30, 2022 | 71.98% |
| Mar 31, 2022 | 73.04% |
| Dec 31, 2021 | 74.84% |
| Sep 30, 2021 | 73.56% |
| Jun 30, 2021 | 75.64% |