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
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 |