Growth Metrics

Heron Therapeutics (HRTX) Operating Margin (2016 - 2025)

Heron Therapeutics' Operating Margin history spans 12 years, with the latest figure at 0.09% for Q4 2025.

  • For Q4 2025, Operating Margin fell 1014.0% year-over-year to 0.09%; the TTM value through Dec 2025 reached 1.64%, up 635.0%, while the annual FY2025 figure was 1.64%, 635.0% up from the prior year.
  • Operating Margin reached 0.09% in Q4 2025 per HRTX's latest filing, up from 10.71% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 10.23% in Q4 2024 to a low of 269.43% in Q2 2021.
  • Average Operating Margin over 5 years is 104.04%, with a median of 73.55% recorded in 2022.
  • Peak YoY movement for Operating Margin: plummeted -5272bps in 2021, then soared 19141bps in 2022.
  • A 5-year view of Operating Margin shows it stood at 259.2% in 2021, then surged by 74bps to 67.79% in 2022, then surged by 56bps to 29.85% in 2023, then skyrocketed by 134bps to 10.23% in 2024, then plummeted by -99bps to 0.09% in 2025.
  • Per Business Quant, the three most recent readings for HRTX's Operating Margin are 0.09% (Q4 2025), 10.71% (Q3 2025), and 4.4% (Q2 2025).