Growth Metrics

Heron Therapeutics (HRTX) Invested Capital (2016 - 2025)

Heron Therapeutics' Invested Capital history spans 14 years, with the latest figure at $14.3 million for Q4 2025.

  • For Q4 2025, Invested Capital rose 142.59% year-over-year to $14.3 million; the TTM value through Dec 2025 reached $14.3 million, up 142.59%, while the annual FY2025 figure was $14.3 million, 142.59% up from the prior year.
  • Invested Capital reached $14.3 million in Q4 2025 per HRTX's latest filing, down from $14.9 million in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $196.2 million in Q1 2021 to a low of -$40.0 million in Q3 2024.
  • Average Invested Capital over 5 years is $15.3 million, with a median of -$16.6 million recorded in 2022.
  • Peak YoY movement for Invested Capital: crashed 350.32% in 2023, then surged 142.59% in 2025.
  • A 5-year view of Invested Capital shows it stood at $77.6 million in 2021, then tumbled by 82.5% to $13.6 million in 2022, then crashed by 350.32% to -$34.0 million in 2023, then grew by 0.95% to -$33.7 million in 2024, then surged by 142.59% to $14.3 million in 2025.
  • Per Business Quant, the three most recent readings for HRTX's Invested Capital are $14.3 million (Q4 2025), $14.9 million (Q3 2025), and -$27.3 million (Q2 2025).