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
DateValue
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