Heron Therapeutics (HRTX) Short-term Investments (2009 - 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.
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Analysis
Heron Therapeutics (HRTX) Short-term Investments (2009 - 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn |
| 10 | Heron Therapeutics | 70.40 Mn | -87.13 Mn | 26.29 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.85 Mn |
| 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 |
API Access
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_KEYimport 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();