Harrow (HROW) Operating Expenses (2010 - 2026)

Over the twelve months ended Jun 30, 2026, Harrow's Operating Expenses came in at $204.71 million, up 31.8% year-over-year; for FY2025, it was $173.85 million, up 22.8% from FY2024.

• Operating Expenses has increased for five consecutive years, with a five-year compound annual growth rate of 38.6% (FY2020 to FY2025).
• By year, Operating Expenses came in at $141.55 million in FY2024 (+57.1%), $90.12 million in FY2023 (+47.0%), $61.29 million in FY2022 (+16.4%) and $52.65 million in FY2021 (+54.7%).
• The Q2 2026 figure ranks as the highest quarterly Operating Expenses in data going back to Q2 2010.
• Year over year, Operating Expenses has now increased in each of the last 14 quarters, with growth averaging 33.4% over the last eight quarters.
• The high point for year-over-year Operating Expenses in five years was Q4 2021 (growth of 109.9%); the low point was Q3 2022 (a decline of 7.4%).
• Per Business Quant data, the three quarters before Q2 2026 came in at $49.13 million (Q1 2026), $55.03 million (Q4 2025) and $39.18 million (Q3 2025).