Heron Therapeutics (HRTX) Work In Process (2016 - 2026)
Heron Therapeutics (HRTX) posted Work In Process of $24.28 million for Q2 2026, down 7.2% from $26.15 million a year earlier but up 12.3% from the prior quarter.
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Analysis
Heron Therapeutics (HRTX) Work In Process (2016 - 2026) Analysis & Trends
At the end of FY2025, Heron Therapeutics' Work In Process came in at $26.61 million, down 2.1% from FY2024.
- Annual Work In Process shows a five-year compound annual growth rate of 31.2% (FY2020 to FY2025).
- In prior years, Heron Therapeutics' Work In Process was $27.19 million in FY2024 (+86.9%), $14.55 million in FY2023 (-29.8%), $20.72 million in FY2022 (-1.0%) and $20.94 million in FY2021 (+205.8%).
- Quarterly Work In Process has run from a low of $9.02 million in Q2 2023 to a high of $28.95 million in Q1 2025 over five years.
- On a year-over-year basis, Work In Process has declined in each of the last three quarters, with growth averaging 31.0% over the last eight quarters.
- The strongest year-over-year quarter for Work In Process in the past five years was Q4 2021, with growth of 205.8%; the weakest was Q2 2023, with a decline of 55.2%.
- According to Business Quant data, Work In Process for the three prior quarters was $21.62 million (Q1 2026), $26.61 million (Q4 2025) and $26.34 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn |
| 10 | Heron Therapeutics | 58.85 Mn | -130.71 Mn | 26.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.28 Mn |
| Mar 31, 2026 | 21.62 Mn |
| Dec 31, 2025 | 26.61 Mn |
| Sep 30, 2025 | 26.34 Mn |
| Jun 30, 2025 | 26.15 Mn |
| Mar 31, 2025 | 28.95 Mn |
| Dec 31, 2024 | 27.19 Mn |
| Sep 30, 2024 | 18.35 Mn |
| Jun 30, 2024 | 16.05 Mn |
| Mar 31, 2024 | 16.29 Mn |
| Dec 31, 2023 | 14.55 Mn |
| Sep 30, 2023 | 16.42 Mn |
| Jun 30, 2023 | 9.02 Mn |
| Mar 31, 2023 | 17.91 Mn |
| Dec 31, 2022 | 20.72 Mn |
| Sep 30, 2022 | 11.63 Mn |
| Jun 30, 2022 | 20.12 Mn |
| Mar 31, 2022 | 13.30 Mn |
| Dec 31, 2021 | 20.94 Mn |
| Sep 30, 2021 | 11.55 Mn |
API Access
Heron Therapeutics Work In Process 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=work-in-process&ticker=HRTX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "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=work-in-process&ticker=HRTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();