Heron Therapeutics (HRTX) Revenue (2010 - 2026)
Heron Therapeutics (HRTX) reported Revenue of $34.7 million for Q1 2026, down 10.78% on a YoY basis from $38.9 million in Q1 2025, and down 14.48% quarter-over-quarter from $40.6 million in Q4 2025.
Heron Therapeutics (HRTX) Revenue (2010 - 2026) Analysis & Trends
Heron Therapeutics has reported Revenue for 12 years, with the latest figure at $34.7 million in Q1 2026.
- For the quarter ending Q1 2026, Revenue fell 10.78% year-over-year to $34.7 million; the trailing twelve-month figure through Mar 2026 stood at $150.7 million (up 1.48% YoY), and the FY2025 full-year result was $154.9 million, up 7.36% from the prior year.
- Revenue for Q1 2026 stood at $34.7 million, down from $40.6 million in the prior quarter.
- The five-year high for Revenue was $40.8 million in Q4 2024, with the low at $23.5 million in Q1 2022.
- Historically, Revenue has averaged $33.4 million across 5 years, with a median of $34.2 million in 2023.
- Annual changes were most pronounced in 2022 — Revenue surged 45.38% — and 2026, when it fell 10.78%.
- Heron Therapeutics' Revenue stood at $30.0 million in 2022, then rose by 14.0% to $34.2 million in 2023, then rose by 19.13% to $40.8 million in 2024, then fell by 0.47% to $40.6 million in 2025, then retreated by 14.48% to $34.7 million in 2026.
- The last three Revenue figures came in at $34.7 million (Q1 2026), $40.6 million (Q4 2025), and $38.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 719,706.53 Bn | 719,706.50 Bn | - | 5.21 Mn |
| 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 | 306.30 Mn |
| 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 | 2.99 Bn |
| 9 | Abivax | 94.37 Bn | 94.37 Bn | - | - |
| 10 | Heron Therapeutics | 85.57 Mn | 55.60 Mn | 24.07 Mn | 34.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.71 Mn |
| Dec 31, 2025 | 40.59 Mn |
| Sep 30, 2025 | 38.21 Mn |
| Jun 30, 2025 | 37.20 Mn |
| Mar 31, 2025 | 38.90 Mn |
| Dec 31, 2024 | 40.78 Mn |
| Sep 30, 2024 | 32.81 Mn |
| Jun 30, 2024 | 36.02 Mn |
| Mar 31, 2024 | 34.67 Mn |
| Dec 31, 2023 | 34.23 Mn |
| Sep 30, 2023 | 31.43 Mn |
| Jun 30, 2023 | 31.76 Mn |
| Mar 31, 2023 | 29.62 Mn |
| Dec 31, 2022 | 30.03 Mn |
| Sep 30, 2022 | 26.56 Mn |
| Jun 30, 2022 | 27.63 Mn |
| Mar 31, 2022 | 23.46 Mn |
| Dec 31, 2021 | 20.66 Mn |
| Sep 30, 2021 | 23.23 Mn |
| Jun 30, 2021 | 22.44 Mn |