Heron Therapeutics (HRTX) EBT Margin (2009 - 2026)
Heron Therapeutics' EBT Margin came in at -5.43% for Q2 2026, down 1.03 percentage points from -4.40% a year earlier but up 8.30 percentage points from the prior quarter.
Heron Therapeutics (HRTX) EBT Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Heron Therapeutics reported EBT Margin of -7.19%, down 8.01 percentage points year-over-year; for FY2025, it came in at -6.58%, up 3.13 percentage points from FY2024.
- EBT Margin has increased in each of the last five years, with a five-year change of +248.87 percentage points (FY2020 to FY2025).
- Going back by year, EBT Margin was -9.71% in FY2024 (+77.76 pp), -87.46% in FY2023 (+75.52 pp), -162.99% in FY2022 (+91.57 pp) and -254.56% in FY2021 (+0.89 pp).
- The five-year range for quarterly EBT Margin is -268.25% (Q1 2022) to 10.23% (Q4 2024).
- Year-over-year, EBT Margin has declined for three consecutive quarters, with an average year-over-year change of +13.89 percentage points over the last eight quarters.
- The fastest year-over-year change in EBT Margin over five years came in Q4 2022 (a gain of 191.41 percentage points), and the weakest in Q1 2026 (a drop of 21.83 percentage points).
- Business Quant data shows HRTX's EBT Margin at -13.73% (Q1 2026), 0.09% (Q4 2025) and -10.71% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 34.46% |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 0.13% |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 27.75% |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 30.74% |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 26.27% |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 45.21% |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 36.90% |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 20.41% |
| 10 | Heron Therapeutics | 70.40 Mn | -87.13 Mn | 26.29 Mn | -4.73% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -4.73% |
| Jun 30, 2026 | -5.43% |
| Mar 31, 2026 | -13.73% |
| Dec 31, 2025 | 0.09% |
| Sep 30, 2025 | -10.71% |
| Jun 30, 2025 | -4.40% |
| Mar 31, 2025 | 8.11% |
| Dec 31, 2024 | 10.23% |
| Sep 30, 2024 | -13.59% |
| Jun 30, 2024 | -17.89% |
| Mar 31, 2024 | -13.84% |
| Dec 31, 2023 | -29.85% |
| Sep 30, 2023 | -79.31% |
| Jun 30, 2023 | -133.50% |
| Mar 31, 2023 | -111.64% |
| Dec 31, 2022 | -67.79% |
| Sep 30, 2022 | -157.71% |
| Jun 30, 2022 | -179.15% |
| Mar 31, 2022 | -268.25% |
| Dec 31, 2021 | -259.20% |
Heron Therapeutics EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=HRTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "HRTX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=HRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();