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Harrow, Inc. HROW R2K

Healthcare · Drug Manufacturers - Specialty & Generic · United States
https://www.harrow.com
Company Profile ↓
$41.37
+16.14% 1Y
Mkt Cap$1.54B
P/E-108.87
P/B48.88
52W High$54.80
52W Low$29.03
Book Value$0.77
EPS (TTM)$-0.38

Company Overview

Harrow, Inc., an eyecare pharmaceutical company, engages in the discovery, development, and commercialization of ophthalmic pharmaceutical products in the United States. It operates through Branded and ImprimisRx segments. The company offers ImprimisRx, an ophthalmology-focused compounded medications. It also provides IHEEZO, a chloroprocaine hydrochloride ophthalmic gel; ophthalmic solutions, including IOPIDINE, VEVYE, and ZERVIATE, as well as BYQLOVI; MAXITROL eye drops; ILEVRO and NEVANAC, a non-steroidal and anti-inflammatory eye drop for pain and inflammation associated with cataract surgery; BYOOVIZ, a LUCENTIS biosimilar indicated for the treatment of patients with Neovascular (Wet) age-related macular degeneration (AMD), macular edema following retinal vein occlusion (RVO), and myopic choroidal neovascularization (mCNV); VIGAMOX, a fluoroquinolone antibiotic eye drop for the treatment of bacterial conjunctivitis; OPUVIZ, an EYLEA biosimilar indicated for the treatment of patients with Wet AMD, macular edema following RVO, diabetic macular edema (DME), and diabetic retinopathy (DR); MAXIDEX and FLAREX, a steroid eye drop for steroid-responsive inflammatory conditions of the palpebral and bulbar conjunctiva, cornea, and anterior segment of the globe and the eye; TRIESENCE, a steroid injection for the treatment of ophthalmic diseases and for visualization during vitrectomy; and NATACYN, a sterile, antifungal drug for the treatment of fungal blepharitis, conjunctivitis, and keratitis. In addition, it offers TOBRADEX ST, a tobramycin and dexamethasone ophthalmic suspension; VERKAZIA cyclosporine ophthalmic emulsion; NEVANAC, a non-steroidal, anti-inflammatory eye drop; and FRESHKOTE preservative free (PF) is a lubricant eye drop. The company was formerly known as Harrow Health, Inc. and changed its name to Harrow, Inc. in September 2023. Harrow, Inc. was founded in 1998 and is headquartered in Nashville, Tennessee.

Why Investors Should Care

Steady Revenue Expansion

Revenue has grown at a 134.2% CAGR over the past five years.

Recent Developments

  • Dec 2025 Revenue of $272.30M (+36.4% YoY); net profit $-5.14M.
  • Trailing 12 Months Year-on-year growth — revenue -7.6%.
  • 5-Year Trend Long-term compounding — revenue CAGR 134.2%.

Growth & Price Performance

Compounded Sales Growth

5 Years:134.20%
1 Year:-7.60%

Stock Price Performance

1 Year:+16.14%
6 Months:-11.56%
3 Months:+11.51%
1 Month:+9.88%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bullish
52-Week Range 48% of range
$29.03 $54.80
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMAAbove
  • RSI (14)51.71 · Neutral
Price Performance
1M+9.88%
3M+11.51%
6M-11.56%
1Y+16.14%

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 134.2% over 5 years.

CONS

  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
-108.87
Industry PE
25.41
Forward P/E
15.46
PEG Ratio
-
Book Value
$0.77
Price to Book
48.88
P/S
5.22
EV/EBITDA
41.36
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
134.20%
Profit 5Y
-
Revenue (YoY)
-7.60%
Earnings (YoY)
-

Profitability & Returns

ROCE
10.06%
ROE
-35.43%
ROA
3.14%
Profit Margin
-5.57%
Op Margin
-49.95%
Gross Margin
74.11%
EPS (Latest Qtr)
$-0.74
EPS (TTM)
$-0.38

Balance Sheet & Liquidity

Debt/Equity
10.61
Quick Ratio
2.16
Current Ratio
2.48
Debt
$300.67M
Total Assets
$419.54M
Current Assets
$226.38M
Working Capital
$134.94M

Ownership

Promoter Holding
15.47%
Chg in Prom Hold
-
FII / Inst Holding
58.85%
Chg in FII Hold
-0.01%

Financial Snapshot

Enterprise Value
$1.54B
Total Revenue (TTM)
$268.68M
EBITDA
$38.87M
Free Cash Flow
$-5.05M
Operating Cash Flow
$15.20M
Shares Outstanding
37.28M
Gross Margin
74.11%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 HROW Harrow, Inc. R2K 41.37 -108.87 $1.54B 0.00% 10.06% -35.43% 134.20% -
2 LLY Eli Lilly and Company SPX 1,152.54 41.02 $1.03T 0.61% - 107.46% 7.20% 11.41%
3 JNJ Johnson & Johnson SPX 253.85 29.45 $611.07B 2.23% 14.88% 26.42% 2.43% 4.76%
4 ABBV AbbVie Inc. SPX 244.78 119.40 $432.48B 3.04% 10.47% -129.24% 1.75% -29.06%
5 UNH UnitedHealth Group Incorporated SPX 425.19 32.02 $386.13B 2.27% 9.74% 12.18% 10.40% 5.43%
6 MRK Merck & Co., Inc. SPX 120.78 34.02 $298.31B 2.86% - 18.94% 5.64% 10.01%
7 AZN AstraZeneca PLC NDX 164.50 24.81 $255.12B 1.77% 15.97% 23.48% 9.82% 45.96%
8 TMO Thermo Fisher Scientific Inc. SPX 534.07 29.33 $198.47B 0.40% 8.14% 13.52% 8.81% 12.95%
9 AMGN Amgen Inc. NDXSPX 355.25 24.69 $191.73B 2.84% 18.02% 101.32% 11.77% 5.58%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Mar 2013Jun 2013Sep 2013Mar 2014Jun 2014Sep 2014Mar 2015Jun 2015Sep 2015Mar 2016Jun 2016Sep 2016Mar 2017Jun 2017Sep 2017Mar 2018Jun 2018Sep 2018Mar 2019Jun 2019Sep 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Mar 2026
Revenue --------------6.48M8.87M10.38M10.74M12.29M13.52M12.76M11.82M8.06M14.40M15.44M18.13M18.71M22.12M23.32M22.82M26.10M33.47M34.27M34.59M48.94M49.26M47.83M63.74M71.64M44.20M
Gross Profit -2.50K2.50K2.00K191.00K202.00K556.00K917.00K1.48M2.13M2.73M2.52M2.74M3.57M3.08M4.79M6.23M6.55M8.39M8.29M8.69M8.19M4.86M10.70M11.67M13.72M13.76M16.16M16.79M16.10M17.83M23.47M24.20M24.03M36.40M37.24M32.31M47.51M53.93M27.05M
Operating Income -1.47M-2.23M-2.09M-2.33M-2.60M-2.46M-3.12M-3.48M-3.53M-3.75M-4.01M-4.61M-4.23M-3.02M-2.76M-1.78M-624.00K-649.00K-556.00K-767.00K-4.40M-628.00K-3.21M1.60M2.92M4.17M-3.72M2.10M1.69M-94.00K1.21M2.35M1.74M-6.93M1.53M1.32M-11.23M11.41M14.75M-22.08M
Net Income -1.47M-2.22M-2.08M-2.33M-2.60M-2.45M-3.09M-3.73M-3.95M-4.50M-4.64M-3.85M-5.01M1.48M-5.69M-3.51M2.52M-2.51M11.36M-2.38M-11.47M-12.91M-237.00K8.64M217.00K-2.48M-8.33M-2.44M-6.24M-6.46M-6.64M-4.23M-4.39M-13.56M-6.47M-4.22M-17.78M5.00M1.02M-27.60M
Diluted EPS -----------0.35--0.06--0.170.11-0.43-0.09-0.45-0.50-0.010.320.01--0.31-0.09-0.23-0.24-0.22-0.14-0.13-0.38-0.18-0.12-0.500.130.03-0.74
R&D Expense 455.10K677.35K469.48K60.00K36.00K70.00K181.00K25.00K93.00K46.00K76.00K16.00K160.00K101.00K63.00K87.00K72.00K233.00K405.00K810.00K444.00K403.00K749.00K670.00K592.00K425.00K6.12M658.00K914.00K775.00K734.00K1.16M1.42M2.15M3.05M2.27M3.03M2.87M3.32M5.89M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 1999Dec 2000Dec 2001Dec 2002Dec 2003Dec 2004Dec 2005Dec 2006Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue --------------10.00K1.66M9.72M19.94M26.77M41.37M51.16M48.87M72.48M88.59M130.19M199.61M272.30M
Gross Profit --------------10.00K567.00K4.51M10.11M13.27M24.85M34.42M34.41M54.26M63.21M90.55M150.37M204.37M
Operating Income ------------2.50M-939.23K-4.18M-7.69M-10.15M-14.82M-15.88M-12.16M-5.22M-4.79M385.00K1.61M1.92M431.00K8.82M30.52M
Net Income -204.00K-213.09K-208.42K-228.22K-207.20K-508.23K-539.62K-584.23K-4.28M-3.30M-4.55M-2.53M-953.94K-5.38M-7.64M-10.12M-15.90M-19.09M-11.98M14.62M168.00K-3.36M-18.01M-14.09M-24.41M-17.48M-5.14M
Diluted EPS -------------------0.600.610.01-0.13--0.51-0.75-0.49-0.14
R&D Expense -----------194.59K111.55K1.30M1.62M237.00K332.00K739.00K413.00K825.00K2.08M2.41M11.08M3.05M6.65M12.23M20.94M

Balance Sheet (Annual)

Figures in USD.

Metric Jun 1998Dec 1998Dec 1999Dec 2000Dec 2001Dec 2002Dec 2003Dec 2004Dec 2005Dec 2006Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -------------352.29K160.96K10.71M15.76M10.24M14.13M27.25M23.92M49.45M59.09M57.47M98.33M157.38M312.16M388.97M399.48M
Total Equity 00-4.00K-11.09K-19.51K-47.73K-54.92K-163.15K-272.77K-406.00K3.49M4.57M577.21K-1.04M-1.70M10.00M15.11M8.15M-1.39M6.43M2.62M24.75M27.71M27.18M11.29M27.59M70.77M69.65M52.45M
Cash & Equivalents ------------1.59M291.46K146.16K10.04M15.58M8.21M2.69M8.85M4.02M-4.75M4.10M42.17M96.27M74.08M47.25M72.93M
Long Term Debt --------------------23.46M23.46M-20.00M103.03M151.77M246.72M262.74M250.00M
Total Liabilities -------------1.39M1.86M-650.63K2.09M15.52M20.82M21.30M24.70M31.67M30.65M87.40M130.14M241.75M319.67M347.39M
Current Liabilities -------------335.04K1.86M709.56K650.63K1.56M5.37M9.90M5.77M11.90M12.28M10.80M9.72M18.63M49.34M91.34M96.30M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -2.30M-291.16K-1.90M-4.44M-7.06M-11.14M-11.21M-8.80M687.00K950.00K-1.10M5.08M1.71M3.84M-22.20M43.86M
Investing Cash Flow 00-15.49K-70.00K-910.00K-5.13M-7.29M-961.00K-2.20M-1.83M-981.00K-18.69M-1.74M-152.55M-33.16M-5.46M
Financing Cash Flow 1.00M145.86K11.81M10.05M599.00K10.75M24.67M4.93M4.13M-1.01M1.43M51.47M54.14M126.53M28.53M-12.72M
Capital Expenditure -0-0-15.49K-20.00K-174.00K995.00K-6.89M-772.00K-1.77M-1.47M-862.00K-1.79M-2.60M-1.46M-1.59M-887.00K
Free Cash Flow -2.30M-291.16K-1.92M-4.46M-7.23M-10.15M-18.10M-9.57M-1.08M-518.00K-1.96M3.30M-892.00K2.38M-23.80M42.98M
Share Buybacks ---191-13.00K-----------

Ratios (Annual)

Figures in %.

Metric Dec 1999Dec 2000Dec 2001Dec 2002Dec 2003Dec 2004Dec 2005Dec 2006Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % --------------100.0%34.2%46.4%50.7%49.6%60.1%67.3%70.4%74.9%71.3%69.6%75.3%75.1%
Operating Margin % ---------------76,868.8%-611.3%-152.6%-79.6%-45.4%-12.6%-9.4%0.8%2.2%2.2%0.3%4.4%11.2%
Net Margin % ---------------76,431.2%-609.5%-163.6%-95.7%-44.8%35.3%0.3%-6.9%-24.8%-15.9%-18.7%-8.8%-1.9%
ROE % 5,100.0%1,921.1%1,068.2%478.2%377.2%311.5%197.8%143.9%-122.7%-72.3%-788.9%243.8%56.1%-53.9%-50.6%-124.1%1,147.9%-296.8%-458.3%59.1%0.6%-12.3%-159.6%-51.0%-34.5%-25.1%-9.8%
ROCE % ------------14,501.7%55.2%-41.8%-50.9%-116.9%-169.3%-91.6%-67.0%-13.9%-10.2%0.8%1.8%1.4%0.2%3.0%10.1%

Shareholding Pattern

Insiders
15.47%
Institutions
58.85%
Public Float
69.62%

Top Institutional Holders

#Holder% HeldSharesValue
1 Opaleye Management Inc. 7.60% 2.83M $122.51M
2 Blackrock Inc. 6.85% 2.55M $110.42M
3 Private Capital Management, LLC 4.19% 1.56M $67.56M
4 Vanguard Capital Management LLC 3.76% 1.40M $60.69M
5 Luxor Capital Group, LP 3.00% 1.12M $48.42M
6 State Street Corporation 2.29% 855.05K $36.99M
7 Geode Capital Management, LLC 2.29% 852.03K $36.85M
8 Marshall Wace LLP 1.73% 644.92K $27.90M
9 Dimensional Fund Advisors LP 1.55% 579.52K $25.07M
10 Ikarian Capital, LLC 1.46% 543.05K $23.49M

Analyst View

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Latest News

Recent headlines for HROW

Google News Wed, 20 May 2026

Why B.Riley Reduced Harrow, Inc. (HROW) Price Target Despite Long-Term Optimism - Yahoo Finance

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Google News Wed, 01 Jul 2026

Harrow brings an interchangeable eye-drug biosimilar to U.S. retina care - Stock Titan

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Google News Fri, 10 Jul 2026

How Investors May Respond To Harrow (HROW) Taking Over BYOOVIZ US Commercialization And Ophthalmic Biosimilars - simplywall.st

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Google News Mon, 11 May 2026

Harrow Inc. (HROW) stock falls on Q1 2026 Earnings - Quiver Quantitative

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Google News Mon, 20 Apr 2026

Harrow: Now Is The Buy Time (NASDAQ:HROW) - Seeking Alpha

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Google News Wed, 10 Jun 2026

HROW Stock Rips Higher As Traders Digest Mixed Quarter - timothysykes.com

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HROW — Frequently Asked Questions

What is the current share price of Harrow, Inc. (HROW)?

As of 2026-07-14 21:23 PDT, Harrow, Inc. (HROW) trades at $41.37 on NasdaqGM. Its 52-week range is $29.03 to $54.80.

What is the market capitalisation of HROW?

Harrow, Inc. (HROW) has a market capitalisation of $1.54B on NasdaqGM.

What is the P/E ratio of HROW?

HROW trades at a trailing price-to-earnings (P/E) ratio of -108.87. The industry average P/E is 25.41. Its price-to-book (P/B) ratio is 48.88.

What is the return on equity (ROE) of HROW?

HROW has a return on equity (ROE) of -35.43%. Its return on capital employed (ROCE) is 10.06%.

Is HROW a good stock to buy?

This page provides a data-driven analysis of Harrow, Inc. (HROW), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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