Heron Therapeutics (HRTX) EBITDA (2010 - 2026)
Heron Therapeutics' (HRTX) quarterly EBITDA came in at -$2.0 million in Q2 2026, down 24.86% on a YoY basis from -$2.7 million in Q2 2025, and up 57.1% quarter-over-quarter from -$4.8 million in Q1 2026.
Analysis
Heron Therapeutics (HRTX) EBITDA (2010 - 2026) Analysis & Trends
Heron Therapeutics (HRTX) has reported EBITDA for 17 consecutive years, with -$2.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA fell 24.86% year-over-year to -$2.0 million; the trailing twelve-month figure through Jun 2026 stood at -$10.9 million (down 981.82% YoY), and the FY2025 full-year result was -$2.5 million, up 77.98% from the prior year.
- EBITDA grew to -$2.0 million in Q2 2026 per HRTX's latest filing, from -$4.8 million in the prior quarter.
- Across five years, EBITDA topped out at $4.2 million in Q4 2024 and bottomed at -$62.9 million in Q1 2022.
- Historically, EBITDA has averaged -$17.0 million across 5 years, with a median of -$5.6 million in 2024.
- The sharpest annual moves came in 2025 and 2026: EBITDA soared 165.74% in 2025, then plunged 251.08% in 2026.
- Over 5 years, EBITDA stood at -$20.4 million in 2022, then jumped by 49.79% to -$10.2 million in 2023, then surged by 140.83% to $4.2 million in 2024, then slumped by 99.09% to $38000.0 in 2025, then plunged by 5478.95% to -$2.0 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered -$2.0 million, -$4.8 million, and $38000.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 236.37 Bn | 222.38 Bn | 7.24 Bn | 3.51 Bn |
| 2 | Gilead Sciences | 187.38 Bn | 184.12 Bn | 6.22 Bn | -10.39 Bn |
| 3 | Vertex Pharmaceuticals | 138.36 Bn | 130.51 Bn | 2.84 Bn | 1.25 Bn |
| 4 | Regeneron Pharmaceuticals | 85.09 Bn | 77.10 Bn | 3.93 Bn | 1.29 Bn |
| 5 | Argenx Se | 63.93 Bn | 58.75 Bn | 1.37 Bn | 493.00 Mn |
| 6 | Moderna | 58.07 Bn | 52.94 Bn | 52.00 Mn | -815.00 Mn |
| 7 | Alnylam Pharmaceuticals | 35.59 Bn | 32.28 Bn | 992.69 Mn | 231.44 Mn |
| 8 | Biogen | 32.63 Bn | 31.34 Bn | 1.96 Bn | -644.50 Mn |
| 9 | Insmed | 27.57 Bn | 26.41 Bn | 358.27 Mn | -1.55 Mn |
| 10 | Heron Therapeutics | 64.55 Mn | 21.89 Mn | 26.09 Mn | -2.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.04 Mn |
| Mar 31, 2026 | -4.77 Mn |
| Dec 31, 2025 | 38,000.00 |
| Sep 30, 2025 | -4.09 Mn |
| Jun 30, 2025 | -1.64 Mn |
| Mar 31, 2025 | 3.15 Mn |
| Dec 31, 2024 | 4.17 Mn |
| Sep 30, 2024 | -4.46 Mn |
| Jun 30, 2024 | -6.45 Mn |
| Mar 31, 2024 | -4.80 Mn |
| Dec 31, 2023 | -10.22 Mn |
| Sep 30, 2023 | -24.93 Mn |
| Jun 30, 2023 | -42.40 Mn |
| Mar 31, 2023 | -33.06 Mn |
| Dec 31, 2022 | -20.36 Mn |
| Sep 30, 2022 | -41.88 Mn |
| Jun 30, 2022 | -49.50 Mn |
| Mar 31, 2022 | -62.92 Mn |
| Dec 31, 2021 | -53.54 Mn |
| Sep 30, 2021 | -51.71 Mn |