Heron Therapeutics (HRTX) FCF Margin (2010 - 2026)

Heron Therapeutics (HRTX) reported FCF Margin of 5.56% for Q1 2026, up 1752.0% on a YoY basis from 0.3% in Q1 2025, and up 75.41% quarter-over-quarter from 22.63% in Q4 2025.

Heron Therapeutics (HRTX) FCF Margin (2010 - 2026) Analysis & Trends

Heron Therapeutics has reported FCF Margin for 12 years, with the latest figure at 5.56% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin rose 1752.0% year-over-year to 5.56%; the trailing twelve-month figure through Mar 2026 stood at 13.84% (up 169.0% YoY), and the FY2025 full-year result was 18.02%, down 122.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 5.56%, up from 22.63% in the prior quarter.
  • The five-year high for FCF Margin was 8.96% in Q3 2024, with the low at 191.77% in Q1 2022.
  • Historically, FCF Margin has averaged 52.8% across 5 years, with a median of 29.77% in 2025.
  • Annual changes were most pronounced in 2022 — FCF Margin soared 17822 bps — and 2024, when it tumbled 3689 bps.
  • Heron Therapeutics' FCF Margin stood at 126.38% in 2022, then jumped by 105 bps to 6.44% in 2023, then slumped by 573 bps to 30.45% in 2024, then advanced by 26 bps to 22.63% in 2025, then surged by 75 bps to 5.56% in 2026.
  • The last three FCF Margin figures came in at 5.56% (Q1 2026), 22.63% (Q4 2025), and 3.48% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Alterity Therapeutics 719,706.53 Bn 719,706.50 Bn - -
2 Belite Bio 55,800.00 Bn 55,800.00 Bn - -
3 Quantum Biopharma 18,182.30 Bn 18,182.29 Bn - -
4 Legend Biotech 3,154.00 Bn 3,153.71 Bn 242.10 Mn -3.98%
5 Akari Therapeutics 1,844.30 Bn 1,844.29 Bn - -
6 Evaxion A 1,567.96 Bn 1,567.94 Bn - -
7 Psyence Biomedical 251.43 Bn 251.42 Bn - -
8 Vertex Pharmaceuticals 112.56 Bn 105.31 Bn 2.59 Bn 43.35%
9 Abivax 94.37 Bn 94.37 Bn - -
10 Heron Therapeutics 85.57 Mn 55.60 Mn 24.07 Mn -5.56%

Historic Data

Download Data
DateValue
Mar 31, 2026 -5.56%
Dec 31, 2025 -22.63%
Sep 30, 2025 3.48%
Jun 30, 2025 -29.77%
Mar 31, 2025 -23.08%
Dec 31, 2024 -30.45%
Sep 30, 2024 8.96%
Jun 30, 2024 -12.78%
Mar 31, 2024 -27.45%
Dec 31, 2023 6.44%
Sep 30, 2023 -31.72%
Jun 30, 2023 -86.40%
Mar 31, 2023 -84.84%
Dec 31, 2022 -126.38%
Sep 30, 2022 -139.74%
Jun 30, 2022 -103.85%
Mar 31, 2022 -191.77%
Dec 31, 2021 -221.00%
Sep 30, 2021 -235.46%
Jun 30, 2021 -282.08%