Heron Therapeutics (HRTX) Enterprise Value (2011 - 2026)
Heron Therapeutics' (HRTX) quarterly Enterprise Value came in at $39.0 million in Q2 2026, down 85.91% on a YoY basis from $276.7 million in Q2 2025, and down 63.45% quarter-over-quarter from $106.6 million in Q1 2026.
Analysis
Heron Therapeutics (HRTX) Enterprise Value (2011 - 2026) Analysis & Trends
Heron Therapeutics (HRTX) has reported Enterprise Value for 16 consecutive years, with $39.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Enterprise Value fell 85.91% year-over-year to $39.0 million; the trailing twelve-month figure through Jun 2026 stood at $39.0 million (down 85.91% YoY), and the FY2025 full-year result was $198.2 million, up 14.24% from the prior year.
- Enterprise Value retreated to $39.0 million in Q2 2026 per HRTX's latest filing, from $106.6 million in the prior quarter.
- Across five years, Enterprise Value topped out at $474.3 million in Q1 2022 and bottomed at $39.0 million in Q2 2026.
- Historically, Enterprise Value has averaged $226.0 million across 5 years, with a median of $200.5 million in 2022.
- The sharpest annual moves came in 2024 and 2026: Enterprise Value surged 256.43% in 2024, then sank 85.91% in 2026.
- Over 5 years, Enterprise Value stood at $213.0 million in 2022, then retreated by 17.82% to $175.1 million in 2023, then declined by 0.92% to $173.5 million in 2024, then advanced by 14.24% to $198.2 million in 2025, then sank by 80.33% to $39.0 million in 2026.
- According to Business Quant data, Enterprise Value over the past three periods registered $39.0 million, $106.6 million, and $198.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amgen | 236.37 Bn | 222.38 Bn | 7.24 Bn |
| 2 | Gilead Sciences | 187.38 Bn | 184.12 Bn | 6.22 Bn |
| 3 | Vertex Pharmaceuticals | 138.36 Bn | 130.51 Bn | 2.84 Bn |
| 4 | Regeneron Pharmaceuticals | 85.09 Bn | 77.10 Bn | 3.93 Bn |
| 5 | Argenx Se | 63.93 Bn | 58.75 Bn | 1.37 Bn |
| 6 | Moderna | 58.07 Bn | 52.94 Bn | 52.00 Mn |
| 7 | Alnylam Pharmaceuticals | 35.59 Bn | 32.28 Bn | 992.69 Mn |
| 8 | Biogen | 32.63 Bn | 31.34 Bn | 1.96 Bn |
| 9 | Insmed | 27.57 Bn | 26.41 Bn | 358.27 Mn |
| 10 | Heron Therapeutics | 64.55 Mn | 21.89 Mn | 26.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.97 Mn |
| Mar 31, 2026 | 106.64 Mn |
| Dec 31, 2025 | 198.18 Mn |
| Sep 30, 2025 | 175.55 Mn |
| Jun 30, 2025 | 276.68 Mn |
| Mar 31, 2025 | 284.96 Mn |
| Dec 31, 2024 | 173.47 Mn |
| Sep 30, 2024 | 231.78 Mn |
| Jun 30, 2024 | 463.49 Mn |
| Mar 31, 2024 | 345.79 Mn |
| Dec 31, 2023 | 175.08 Mn |
| Sep 30, 2023 | 77.16 Mn |
| Jun 30, 2023 | 130.04 Mn |
| Mar 31, 2023 | 120.75 Mn |
| Dec 31, 2022 | 213.04 Mn |
| Sep 30, 2022 | 379.96 Mn |
| Jun 30, 2022 | 202.81 Mn |
| Mar 31, 2022 | 474.27 Mn |
| Dec 31, 2021 | 773.73 Mn |
| Sep 30, 2021 | 886.87 Mn |