Heron Therapeutics HRTX
NASDAQ HRTX
$0.32 +0.01 (+2.98%)
At close: Aug 21, 2026 · 4:00 PM EDT

Heron Therapeutics (HRTX) Cost of Revenue (2017 - 2026)

Heron Therapeutics' (HRTX) quarterly Cost of Revenue came in at $10.6 million in Q1 2026, up 25.79% YoY from $8.5 million in Q1 2025, and down 4.33% on a QoQ basis from $11.1 million in Q4 2025.

Heron Therapeutics (HRTX) Cost of Revenue (2017 - 2026) Analysis & Trends

Heron Therapeutics (HRTX) has 10 years of Cost of Revenue data on file, last reported at $10.6 million in Q1 2026.

  • Quarterly Cost of Revenue rose 25.79% year-over-year to $10.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $43.5 million (up 12.59% YoY) and the FY2025 annual result came in at $41.3 million, up 6.98% from the prior year.
  • Cost of Revenue slipped to $10.6 million in Q1 2026, from $11.1 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $20.2 million in Q2 2023 to a low of $8.4 million in Q1 2024.
  • A 5-year average of $12.4 million and a median of $11.1 million in 2025 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2023 — Cost of Revenue surged 48.43% — and 2024, when it plunged 49.9%.
  • Tracing HRTX's Cost of Revenue over 5 years: stood at $12.6 million in 2022, then slipped by 21.72% to $9.9 million in 2023, then grew by 3.47% to $10.2 million in 2024, then advanced by 8.71% to $11.1 million in 2025, then decreased by 4.33% to $10.6 million in 2026.
  • The last three Cost of Revenue figures came in at $10.6 million (Q1 2026), $11.1 million (Q4 2025), and $11.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Vertex Pharmaceuticals 139.13 Bn 131.28 Bn 2.84 Bn 489.20 Mn
2 Regeneron Pharmaceuticals 85.77 Bn 77.77 Bn 3.93 Bn 360.70 Mn
3 Argenx Se 64.64 Bn 59.46 Bn 1.37 Bn 145.00 Mn
4 Moderna 58.29 Bn 53.16 Bn 52.00 Mn 93.00 Mn
5 BeOne Medicines 41.92 Bn 36.82 Bn 1.53 Bn 174.53 Mn
6 Alnylam Pharmaceuticals 31.58 Bn 28.28 Bn 992.69 Mn 298.26 Mn
7 BioNTech SE 28.12 Bn 9.73 Bn 668.28 Mn 387.98 Mn
8 Insmed 27.39 Bn 26.22 Bn 358.27 Mn 67.21 Mn
9 Royalty Pharma 27.27 Bn 26.43 Bn - -
10 Heron Therapeutics 59.96 Mn 17.29 Mn 26.09 Mn 11.57 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 11.57 Mn
Jun 30, 2026 11.57 Mn
Mar 31, 2026 10.64 Mn
Mar 31, 2026 10.64 Mn
Dec 31, 2025 11.12 Mn
Dec 31, 2025 11.12 Mn
Sep 30, 2025 11.91 Mn
Sep 30, 2025 11.91 Mn
Jun 30, 2025 9.86 Mn
Jun 30, 2025 9.86 Mn
Mar 31, 2025 8.46 Mn
Mar 31, 2025 8.46 Mn
Dec 31, 2024 10.23 Mn
Dec 31, 2024 10.23 Mn
Sep 30, 2024 9.46 Mn
Sep 30, 2024 9.46 Mn
Jun 30, 2024 10.52 Mn
Jun 30, 2024 10.52 Mn
Mar 31, 2024 8.44 Mn
Mar 31, 2024 8.44 Mn