Harrow (HROW) Gross Margin (2013 - 2026)
Harrow (HROW) posted quarterly Gross Margin of 61.18% for Q1 2026, down 636.0% year-over-year from 11.41% in Q1 2025, and down 22.82% quarter-over-quarter from 79.27% in Q4 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 for Q1 2026 stood at 61.18%, down from 79.27% in the prior quarter.
- The five-year high for Gross Margin was 79.27% in Q4 2025, with the low at 61.18% in Q1 2026.
- The 5-year median for Gross Margin is 70.62% (2023), against an average of 71.73%.
- The sharpest annual moves came in 2024 and 2026: Gross Margin surged 994 bps in 2024, then plunged 636 bps in 2026.
- Harrow's Gross Margin stood at 69.67% in 2022, then fell by 1 bps to 68.91% in 2023, then climbed by 14 bps to 78.85% in 2024, then increased by 1 bps to 79.27% in 2025, then declined by 23 bps to 61.18% in 2026.
- Business Quant data shows HROW's Gross Margin at 61.18% in Q1 2026, 79.27% in Q4 2025, and 75.28% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.89 Bn | 42.93 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.01 Bn | 39.35 Bn | 2.15 Bn | 51.98% |
| 3 | Zoetis | 31.52 Bn | 29.84 Bn | 1.05 Bn | 42.63% |
| 4 | Takeda Pharmaceutical | 28.61 Bn | 22.81 Bn | 5.10 Bn | 66.66% |
| 5 | United Therapeutics | 22.17 Bn | 19.51 Bn | 683.80 Mn | 87.30% |
| 6 | Viatris | 18.73 Bn | 17.85 Bn | 1.46 Bn | 38.77% |
| 7 | Neurocrine Biosciences | 15.51 Bn | 15.12 Bn | 935.80 Mn | 97.58% |
| 8 | Elanco Animal Health | 11.75 Bn | 11.22 Bn | 798.00 Mn | 58.33% |
| 9 | Dr Reddys Laboratories | 10.12 Bn | 9.96 Bn | - | - |
| 10 | Harrow | 1.55 Bn | 1.46 Bn | 50.36 Mn | 71.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 71.27% |
| 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% |