Heron Therapeutics (HRTX) Invested Capital (2011 - 2026)
Heron Therapeutics (HRTX) reported Invested Capital of $115.63 million for Q2 2026, down 5.6% from $122.55 million a year earlier and down 1.5% from the prior quarter.
Powered by 
Analysis
Heron Therapeutics (HRTX) Invested Capital (2011 - 2026) Analysis & Trends
For FY2025, Heron Therapeutics posted Invested Capital of $122.23 million.
- Invested Capital has a five-year compound annual growth rate of -12.9% (FY2020 to FY2025).
- By year, Invested Capital came in at -$8.63 million in FY2024 and -$9.71 million in FY2023.
- The Q2 2026 figure ranks as the lowest quarterly Invested Capital since Q1 2025.
- Per Business Quant data, the three quarters before Q2 2026 came in at $117.44 million (Q1 2026), $122.23 million (Q4 2025) and $122.37 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,082.65 Bn | 1,051.23 Bn | 19.71 Bn | 88.79 Bn |
| 2 | Johnson & Johnson | 623.68 Bn | 542.21 Bn | 17.26 Bn | 134.01 Bn |
| 3 | AbbVie | 459.43 Bn | 432.59 Bn | 12.70 Bn | 64.89 Bn |
| 4 | Merck | 354.80 Bn | 309.23 Bn | 12.21 Bn | 95.89 Bn |
| 5 | Novartis Ag | 269.16 Bn | 225.03 Bn | 11.24 Bn | 79.44 Bn |
| 6 | Astrazeneca | 244.40 Bn | 217.97 Bn | 12.86 Bn | 50.26 Bn |
| 7 | Amgen | 220.17 Bn | 175.57 Bn | 7.24 Bn | 68.99 Bn |
| 8 | Gilead Sciences | 183.05 Bn | 157.16 Bn | 6.22 Bn | 38.08 Bn |
| 9 | Pfizer | 160.27 Bn | 107.22 Bn | 10.94 Bn | 148.69 Bn |
| 10 | Heron Therapeutics | 68.35 Mn | -121.22 Mn | 26.09 Mn | 115.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 115.63 Mn |
| Mar 31, 2026 | 117.44 Mn |
| Dec 31, 2025 | 122.23 Mn |
| Sep 30, 2025 | 122.37 Mn |
| Jun 30, 2025 | 122.55 Mn |
| Mar 31, 2025 | -3.24 Mn |
| Dec 31, 2024 | -8.63 Mn |
| Sep 30, 2024 | -15.18 Mn |
| Jun 30, 2024 | -13.31 Mn |
| Mar 31, 2024 | -9.32 Mn |
| Dec 31, 2023 | -9.71 Mn |
| Sep 30, 2023 | -3.76 Mn |
| Mar 31, 2021 | 203.78 Mn |
| Dec 31, 2020 | 243.55 Mn |
| Sep 30, 2020 | 283.78 Mn |
| Jun 30, 2020 | 330.33 Mn |
| Mar 31, 2020 | 371.40 Mn |
| Dec 31, 2019 | 409.46 Mn |
| Sep 30, 2019 | 290.80 Mn |
| Jun 30, 2019 | 310.44 Mn |
API Access
Heron Therapeutics Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=HRTX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "HRTX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=HRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();