Heron Therapeutics (HRTX) Short-term Investments (2015 - 2026)
Heron Therapeutics' Short-term Investments was $21.94 million in Q2 2026, down 9.0% from $24.12 million a year earlier but up 17.5% from the prior quarter.
Heron Therapeutics (HRTX) Short-term Investments (2015 - 2026) Analysis & Trends
At the end of FY2025, Short-term Investments at Heron Therapeutics came in at $17.98 million, down 46.3% from FY2024.
- Short-term Investments has now declined for three consecutive years, with a five-year compound annual growth rate of -29.5% (FY2020 to FY2025).
- In earlier years, Short-term Investments was $33.48 million in FY2024 (-35.3%), $51.73 million in FY2023 (-25.6%), $69.49 million in FY2022 (+3.7%) and $67.04 million in FY2021 (-35.1%).
- Quarterly Short-term Investments has moved between $12.42 million (Q3 2025) and $71.31 million (Q3 2022) over five years.
- Compared with a year earlier, Short-term Investments has declined for seven straight quarters, with an average decline of 35.8% over the last eight quarters.
- The best year-over-year quarter for Short-term Investments over five years was Q2 2024 (growth of 147.5%); the worst was Q3 2021 (a decline of 73.5%).
- Per Business Quant data, HRTX's Short-term Investments in the three quarters before Q2 2026 was $18.67 million (Q1 2026), $17.98 million (Q4 2025) and $12.42 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,076.25 Bn | 1,044.84 Bn | 19.71 Bn |
| 2 | Johnson & Johnson | 617.18 Bn | 535.70 Bn | 17.26 Bn |
| 3 | AbbVie | 464.58 Bn | 437.73 Bn | 12.70 Bn |
| 4 | Merck | 356.04 Bn | 310.47 Bn | 12.21 Bn |
| 5 | Novartis Ag | 269.07 Bn | 224.94 Bn | 11.24 Bn |
| 6 | Astrazeneca | 243.21 Bn | 216.77 Bn | 12.86 Bn |
| 7 | Amgen | 217.88 Bn | 173.28 Bn | 7.24 Bn |
| 8 | Gilead Sciences | 179.62 Bn | 153.74 Bn | 6.22 Bn |
| 9 | Pfizer | 158.45 Bn | 105.40 Bn | 10.94 Bn |
| 10 | Heron Therapeutics | 66.45 Mn | -123.12 Mn | 26.09 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.94 Mn |
| Mar 31, 2026 | 18.67 Mn |
| Dec 31, 2025 | 17.98 Mn |
| Sep 30, 2025 | 12.42 Mn |
| Jun 30, 2025 | 24.12 Mn |
| Mar 31, 2025 | 31.41 Mn |
| Dec 31, 2024 | 33.48 Mn |
| Sep 30, 2024 | 45.15 Mn |
| Jun 30, 2024 | 48.96 Mn |
| Mar 31, 2024 | 51.07 Mn |
| Dec 31, 2023 | 51.73 Mn |
| Sep 30, 2023 | 42.55 Mn |
| Jun 30, 2023 | 19.78 Mn |
| Mar 31, 2023 | 32.93 Mn |
| Dec 31, 2022 | 69.49 Mn |
| Sep 30, 2022 | 71.31 Mn |
| Jun 30, 2022 | 34.93 Mn |
| Mar 31, 2022 | 55.00 Mn |
| Dec 31, 2021 | 67.04 Mn |
| Sep 30, 2021 | 43.25 Mn |
Heron Therapeutics Short-term Investments 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=short-term-investments&ticker=HRTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "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=short-term-investments&ticker=HRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();