Heron Therapeutics (HRTX) Enterprise Value (2010 - 2026)
Heron Therapeutics (HRTX) reported Enterprise Value of -$30.0 million for Q1 2026, up 15.85% on a YoY basis from -$25.9 million in Q1 2025, and down 1.29% quarter-over-quarter from -$29.6 million in Q4 2025.
Heron Therapeutics (HRTX) Enterprise Value (2010 - 2026) Analysis & Trends
Heron Therapeutics has reported Enterprise Value for 17 years, with the latest figure at -$30.0 million in Q1 2026.
- For the quarter ending Q1 2026, Enterprise Value rose 15.85% year-over-year to -$30.0 million; the trailing twelve-month figure through Mar 2026 stood at -$30.0 million (up 15.85% YoY), and the FY2025 full-year result was -$29.6 million, up 16.38% from the prior year.
- Enterprise Value for Q1 2026 stood at -$30.0 million, down from -$29.6 million in the prior quarter.
- The five-year high for Enterprise Value was -$29.3 million in Q3 2025, with the low at -$121.7 million in Q3 2022.
- Historically, Enterprise Value has averaged -$52.4 million across 5 years, with a median of -$40.6 million in 2025.
- Annual changes were most pronounced in 2022 — Enterprise Value soared 84.78% — and 2024, when it tumbled 102.58%.
- Heron Therapeutics' Enterprise Value stood at -$71.0 million in 2022, then gained by 19.66% to -$57.0 million in 2023, then soared by 37.96% to -$35.4 million in 2024, then rose by 16.38% to -$29.6 million in 2025, then decreased by 1.29% to -$30.0 million in 2026.
- The last three Enterprise Value figures came in at -$30.0 million (Q1 2026), -$29.6 million (Q4 2025), and -$29.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 719,706.53 Bn | 719,706.50 Bn | - | -32.30 Mn |
| 2 | Belite Bio | 55,800.00 Bn | 55,800.00 Bn | - | - |
| 3 | Quantum Biopharma | 18,182.30 Bn | 18,182.29 Bn | - | -4.14 Mn |
| 4 | Legend Biotech | 3,154.00 Bn | 3,153.71 Bn | 242.10 Mn | -286.70 Mn |
| 5 | Akari Therapeutics | 1,844.30 Bn | 1,844.29 Bn | - | -2.77 Mn |
| 6 | Evaxion A | 1,567.96 Bn | 1,567.94 Bn | - | -18.44 Mn |
| 7 | Psyence Biomedical | 251.43 Bn | 251.42 Bn | - | -7.20 Mn |
| 8 | Vertex Pharmaceuticals | 112.56 Bn | 105.31 Bn | 2.59 Bn | -7.25 Bn |
| 9 | Abivax | 94.37 Bn | 94.37 Bn | - | -584.73 Mn |
| 10 | Heron Therapeutics | 85.57 Mn | 55.60 Mn | 24.07 Mn | -29.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -29.97 Mn |
| Dec 31, 2025 | -29.58 Mn |
| Sep 30, 2025 | -29.32 Mn |
| Jun 30, 2025 | -40.63 Mn |
| Mar 31, 2025 | -35.61 Mn |
| Dec 31, 2024 | -35.38 Mn |
| Sep 30, 2024 | -56.65 Mn |
| Jun 30, 2024 | -67.35 Mn |
| Mar 31, 2024 | -56.27 Mn |
| Dec 31, 2023 | -57.03 Mn |
| Sep 30, 2023 | -77.41 Mn |
| Jun 30, 2023 | -33.24 Mn |
| Mar 31, 2023 | -34.93 Mn |
| Dec 31, 2022 | -70.99 Mn |
| Sep 30, 2022 | -121.75 Mn |
| Jun 30, 2022 | -39.23 Mn |
| Mar 31, 2022 | -75.00 Mn |
| Dec 31, 2021 | -157.58 Mn |
| Sep 30, 2021 | -202.82 Mn |
| Jun 30, 2021 | -257.68 Mn |