Heron Therapeutics HRTX
NASDAQ HRTX
$0.34 -0.01 (-3.54%)
As of: Sep 9, 2026 · 3:59 PM EDT

Heron Therapeutics (HRTX) Work In Process (2016 - 2026)

Heron Therapeutics' (HRTX) quarterly Work In Process came in at $24.3 million in Q2 2026, down 7.15% on a YoY basis from $26.1 million in Q2 2025, and up 12.27% quarter-over-quarter from $21.6 million in Q1 2026.

Analysis

Heron Therapeutics (HRTX) Work In Process (2016 - 2026) Analysis & Trends

Heron Therapeutics (HRTX) has reported Work In Process for 11 consecutive years, with $24.3 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Work In Process fell 7.15% year-over-year to $24.3 million; the trailing twelve-month figure through Jun 2026 stood at $24.3 million (down 7.15% YoY), and the FY2025 full-year result was $26.6 million, down 2.12% from the prior year.
  • Work In Process grew to $24.3 million in Q2 2026 per HRTX's latest filing, from $21.6 million in the prior quarter.
  • Across five years, Work In Process topped out at $29.0 million in Q1 2025 and bottomed at $9.0 million in Q2 2023.
  • Historically, Work In Process has averaged $19.7 million across 5 years, with a median of $19.2 million in 2022.
  • The sharpest annual moves came in 2023 and 2024: Work In Process plunged 55.18% in 2023, then jumped 86.87% in 2024.
  • Over 5 years, Work In Process stood at $20.7 million in 2022, then dropped by 29.79% to $14.6 million in 2023, then surged by 86.87% to $27.2 million in 2024, then declined by 2.12% to $26.6 million in 2025, then fell by 8.79% to $24.3 million in 2026.
  • According to Business Quant data, Work In Process over the past three periods registered $24.3 million, $21.6 million, and $26.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Amgen 236.37 Bn 222.38 Bn 7.24 Bn
2 Gilead Sciences 187.38 Bn 184.12 Bn 6.22 Bn
3 Vertex Pharmaceuticals 138.36 Bn 130.51 Bn 2.84 Bn
4 Regeneron Pharmaceuticals 85.09 Bn 77.10 Bn 3.93 Bn
5 Argenx Se 63.93 Bn 58.75 Bn 1.37 Bn
6 Moderna 58.07 Bn 52.94 Bn 52.00 Mn
7 Alnylam Pharmaceuticals 35.59 Bn 32.28 Bn 992.69 Mn
8 Biogen 32.63 Bn 31.34 Bn 1.96 Bn
9 Insmed 27.57 Bn 26.41 Bn 358.27 Mn
10 Heron Therapeutics 64.55 Mn 21.89 Mn 26.09 Mn
Historic Data

Historic Data

Download Data
DateValue
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