Harrow (HROW) Operating Margin (2013 - 2026)

Harrow (HROW) recorded quarterly Operating Margin of 49.95% in Q1 2026, down 385.44% quarter-over-quarter from 17.5% in Q4 2025, and down 2647.0% on a YoY basis from 1.96% in Q1 2025.

Harrow (HROW) Operating Margin (2013 - 2026) Analysis & Trends

Harrow's Operating Margin history runs 14 years deep, the most recent figure standing at 49.95% for Q1 2026.

  • In Q1 2026, Operating Margin fell 2647.0% year-over-year to 49.95%; the TTM figure through Mar 2026 stood at 7.32% (up 520.0% YoY), while the FY2025 annual figure was 11.21%, up 679.0% from the prior year.
  • Operating Margin was 49.95% for Q1 2026 at Harrow, down from 17.5% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 20.59% in Q3 2025 to a low of 49.95% in Q1 2026.
  • Historically, Operating Margin has averaged 0.08% across 5 years, with a median of 4.64% in 2023.
  • The sharpest annual moves came in 2024 and 2026: Operating Margin jumped 3271 bps in 2024, then slumped 2647 bps in 2026.
  • A 5-year view of Operating Margin shows it stood at 8.75% in 2022, then plunged by 53 bps to 13.41% in 2023, then jumped by 244 bps to 19.3% in 2024, then decreased by 9 bps to 17.5% in 2025, then plunged by 385 bps to 49.95% in 2026.
  • The last three Operating Margin figures came in at 49.95% (Q1 2026), 17.5% (Q4 2025), and 20.59% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Teva Pharmaceutical Industries 39.72 Bn 35.98 Bn 1.97 Bn 16.37%
2 Zoetis 34.61 Bn 32.67 Bn 1.62 Bn 36.83%
3 United Therapeutics 24.07 Bn 21.91 Bn 648.10 Mn 41.69%
4 Aurora Cannabis 16.98 Bn 16.91 Bn 33.43 Mn 20.77%
5 Neurocrine Biosciences 16.64 Bn 15.32 Bn 800.70 Mn 23.74%
6 Elanco Animal Health 12.19 Bn 11.76 Bn 785.00 Mn 22.39%
7 Alkermes 7.37 Bn 6.86 Bn -116.06 Mn -122.23%
8 Hims & Hers Health 6.62 Bn 5.87 Bn 396.79 Mn -12.88%
9 Lantheus Holdings 6.47 Bn 5.97 Bn 230.92 Mn 21.55%
10 Harrow 1.25 Bn 1.15 Bn 27.05 Mn -49.95%

Historic Data

Download Data
DateValue
Mar 31, 2026 -49.95%
Dec 31, 2025 17.50%
Sep 30, 2025 20.59%
Jun 30, 2025 17.90%
Mar 31, 2025 -23.48%
Dec 31, 2024 19.30%
Sep 30, 2024 2.68%
Jun 30, 2024 3.13%
Mar 31, 2024 -20.03%
Dec 31, 2023 -13.41%
Sep 30, 2023 5.09%
Jun 30, 2023 7.03%
Mar 31, 2023 4.64%
Dec 31, 2022 -8.75%
Sep 30, 2022 -0.41%
Jun 30, 2022 7.25%
Mar 31, 2022 9.50%
Dec 31, 2021 -8.69%
Sep 30, 2021 -19.87%
Jun 30, 2021 22.99%