Harmony Biosciences Holdings, Inc. (HRMY) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 215.39M | 243.78M | 239.46M | 200.49M | 184.73M | 201.27M | 186.04M | 172.81M | 154.62M | 168.41M | 160.27M | 134.22M | 119.13M | 128.31M | 117.21M | 107.03M | 85.31M | 91.21M | 80.73M | 73.82M |
| Revenue Growth % | 16.59% | 21.12% | 28.71% | 16.01% | 19.48% | 19.51% | 16.08% | 28.76% | 29.79% | 31.26% | 36.74% | 25.4% | 39.63% | 40.67% | 45.18% | 44.98% | 42.97% | 62.05% | 77.01% | 94.24% |
| Cost of Goods Sold | 44.51M | 68.55M | 59.65M | 38.15M | 31.99M | 54.41M | 42.78M | 32.14M | 27.48M | 43.15M | 32.3M | 25.01M | 20.78M | 26.89M | 22.96M | 18.92M | 14.72M | 17.82M | 14.6M | 12.69M |
| COGS % of Revenue | 20.67% | 28.12% | 24.91% | 19.03% | 17.32% | 27.03% | 22.99% | 18.6% | 17.78% | 25.62% | 20.15% | 18.63% | 17.44% | 20.95% | 19.59% | 17.68% | 17.25% | 19.53% | 18.09% | 17.19% |
| Gross Profit | 170.88M | 175.23M | 179.81M | 162.34M | 152.74M | 146.86M | 143.26M | 140.67M | 127.13M | 125.26M | 127.97M | 109.21M | 98.35M | 101.42M | 94.25M | 88.11M | 70.6M | 73.4M | 66.13M | 61.13M |
| Gross Margin % | 79.33% | 71.88% | 75.09% | 80.97% | 82.68% | 72.97% | 77.01% | 81.4% | 82.22% | 74.38% | 79.85% | 81.37% | 82.56% | 79.05% | 80.41% | 82.32% | 82.75% | 80.47% | 81.91% | 82.81% |
| Gross Profit Growth % | 11.87% | 19.32% | 25.51% | 15.4% | 20.14% | 17.24% | 11.95% | 28.81% | 29.27% | 23.5% | 35.78% | 23.95% | 39.31% | 38.19% | 42.52% | 44.12% | 43.3% | 58.28% | 75.32% | 93.77% |
| Operating Expenses | 133.58M | 136.67M | 114.32M | 114.16M | 96.49M | 91.13M | 81.55M | 119.31M | 75.1M | 85.06M | 63.46M | 62.31M | 57.92M | 53.81M | 82.35M | 54.99M | 43.04M | 44.77M | 45.08M | 37.82M |
| OpEx % of Revenue | 62.02% | 56.07% | 47.74% | 56.94% | 52.23% | 45.28% | 43.84% | 69.04% | 48.57% | 50.51% | 39.6% | 46.42% | 48.62% | 41.94% | 70.26% | 51.38% | 50.45% | 49.08% | 55.83% | 51.23% |
| Selling, General & Admin | 64.2M | 86.74M | 59.36M | 64M | 61.95M | 56.47M | 56.16M | 55.73M | 52.91M | 54.76M | 45.96M | 47.34M | 44.63M | 43.72M | 41.8M | 42.32M | 35.46M | 37.31M | 33.34M | 31.32M |
| SG&A % of Revenue | 29.81% | 35.58% | 24.79% | 31.92% | 33.54% | 28.05% | 30.19% | 32.25% | 34.22% | 32.51% | 28.68% | 35.27% | 37.47% | 34.07% | 35.66% | 39.54% | 41.57% | 40.91% | 41.29% | 42.43% |
| Research & Development | 69.38M | 49.93M | 54.96M | 50.16M | 34.54M | 34.67M | 25.39M | 63.58M | 22.19M | 30.31M | 17.5M | 14.97M | 13.29M | 10.09M | 40.55M | 12.67M | 7.58M | 7.45M | 11.74M | 6.5M |
| R&D % of Revenue | 32.21% | 20.48% | 22.95% | 25.02% | 18.7% | 17.22% | 13.65% | 36.79% | 14.35% | 18% | 10.92% | 11.15% | 11.16% | 7.87% | 34.6% | 11.84% | 8.88% | 8.17% | 14.54% | 8.8% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 37.29M | 38.56M | 65.49M | 48.18M | 56.24M | 55.73M | 61.71M | 21.36M | 52.03M | 40.2M | 64.51M | 46.9M | 40.42M | 47.61M | 11.9M | 33.12M | 27.56M | 28.63M | 21.05M | 23.31M |
| Operating Margin % | 17.31% | 15.82% | 27.35% | 24.03% | 30.45% | 27.69% | 33.17% | 12.36% | 33.65% | 23.87% | 40.25% | 34.95% | 33.93% | 37.11% | 10.15% | 30.94% | 32.3% | 31.39% | 26.08% | 31.58% |
| Operating Income Growth % | -33.7% | -30.81% | 6.12% | 125.6% | 8.09% | 38.64% | -4.34% | -54.47% | 28.72% | -15.58% | 442.05% | 41.63% | 46.69% | 66.3% | -43.47% | 42.06% | 89.61% | 269.05% | 102.82% | 218.95% |
| EBITDA | 43.26M | 45.99M | 71.45M | 54.15M | 62.21M | 61.7M | 67.68M | 27.41M | 58.16M | 46.32M | 70.61M | 52.97M | 46.49M | 53.68M | 17.96M | 39.17M | 32.76M | 33.39M | 25.73M | 28.04M |
| EBITDA Margin % | 20.08% | 18.87% | 29.84% | 27.01% | 33.68% | 30.65% | 36.38% | 15.86% | 37.61% | 27.5% | 44.06% | 39.46% | 39.02% | 41.84% | 15.33% | 36.6% | 38.39% | 36.61% | 31.86% | 37.99% |
| EBITDA Growth % | -30.47% | -25.46% | 5.58% | 97.56% | 6.97% | 33.19% | -4.16% | -48.25% | 25.1% | -13.71% | 293.09% | 35.22% | 41.92% | 60.76% | -30.17% | 39.69% | 70.49% | 175.03% | 108.35% | 201.1% |
| D&A (Non-Cash Add-back) | 5.97M | 7.43M | 5.97M | 5.97M | 5.97M | 5.97M | 5.97M | 6.05M | 6.12M | 6.13M | 6.11M | 6.06M | 6.06M | 6.07M | 6.06M | 6.05M | 5.2M | 4.76M | 4.67M | 4.73M |
| EBIT | 42.92M | 44.31M | 67.49M | 53.28M | 61.01M | 60.36M | 66.52M | 26.1M | 56.32M | 55.12M | 58.84M | 50.31M | 43.51M | 47.69M | 11.96M | 33.16M | 27.55M | 2.5M | -5.09M | 23.32M |
| Net Interest Income | 2.52M | 2.31M | 2.11M | 1.65M | 1.21M | 268K | 584K | 301K | -107K | -700K | -2.91M | -2.78M | -2.65M | -3.58M | -3.99M | -3.93M | -4.17M | -4.19M | -5.43M | -7.23M |
| Interest Income | 5.76M | 5.85M | 5.73M | 5.3M | 5.04M | 4.48M | 4.93M | 4.71M | 4.43M | 4.1M | 4.11M | 3.44M | 3.09M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 3.23M | 3.55M | 3.62M | 3.65M | 3.84M | 4.21M | 4.35M | 4.4M | 4.54M | 4.8M | 7.01M | 6.22M | 5.73M | 3.58M | 3.99M | 3.93M | 4.17M | 4.19M | 5.43M | 7.23M |
| Other Income/Expense | 2.4M | 2.2M | 2M | 1.46M | 932K | 428K | 460K | 338K | -248K | -507K | -12.68M | -2.81M | -2.64M | -3.51M | -3.93M | -3.88M | -4.17M | -4.16M | -31.57M | -7.22M |
| Pretax Income | 39.69M | 40.76M | 67.49M | 49.64M | 57.18M | 56.16M | 62.17M | 21.69M | 51.78M | 39.69M | 51.83M | 44.09M | 37.78M | 44.1M | 7.97M | 29.23M | 23.39M | 24.48M | -10.52M | 16.09M |
| Pretax Margin % | 18.43% | 16.72% | 28.18% | 24.76% | 30.95% | 27.9% | 33.42% | 12.55% | 33.49% | 23.57% | 32.34% | 32.85% | 31.71% | 34.37% | 6.8% | 27.31% | 27.41% | 26.83% | -13.03% | 21.79% |
| Income Tax | 7.2M | 18.27M | 16.63M | 9.86M | 11.62M | 6.68M | 16.08M | 10.1M | 13.45M | 13.08M | 13.37M | 9.79M | 8.29M | -4.41M | -79.98M | 5.7M | 1.9M | 1.76M | -902K | 1.97M |
| Effective Tax Rate % | 18.14% | 44.83% | 24.63% | 19.87% | 20.32% | 11.9% | 25.86% | 46.57% | 25.97% | 32.96% | 25.8% | 22.21% | 21.96% | -9.99% | -1003.84% | 19.5% | 8.12% | 7.2% | 8.57% | 12.26% |
| Net Income | 32.49M | 22.49M | 50.87M | 39.78M | 45.56M | 49.48M | 46.09M | 11.59M | 38.33M | 26.61M | 38.46M | 34.3M | 29.48M | 48.51M | 87.94M | 23.53M | 21.48M | 22.71M | -9.62M | 14.12M |
| Net Margin % | 15.08% | 9.22% | 21.24% | 19.84% | 24.66% | 24.58% | 24.78% | 6.71% | 24.79% | 15.8% | 24% | 25.56% | 24.75% | 37.81% | 75.03% | 21.99% | 25.18% | 24.9% | -11.92% | 19.12% |
| Net Income Growth % | -28.69% | -54.55% | 10.35% | 243.16% | 18.85% | 85.95% | 19.84% | -66.21% | 30.01% | -45.15% | -56.27% | 45.77% | 37.24% | 113.56% | 1014.17% | 66.69% | 190.89% | 11020.19% | -603.93% | 52385.19% |
| Net Income (Continuing) | 32.49M | 22.49M | 50.87M | 39.78M | 45.56M | 49.48M | 46.09M | 11.59M | 38.33M | 26.61M | 38.46M | 34.3M | 29.48M | 48.51M | 87.94M | 23.53M | 21.48M | 22.71M | -9.62M | 14.12M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.55 | 0.38 | 0.87 | 0.68 | 0.78 | 0.85 | 0.79 | 0.20 | 0.67 | 0.45 | 0.63 | 0.56 | 0.48 | 0.79 | 1.44 | 0.39 | 0.35 | 0.38 | -0.17 | 0.24 |
| EPS Growth % | -29.49% | -55.29% | 10.13% | 240% | 16.42% | 88.89% | 25.4% | -64.29% | 39.58% | -43.04% | -56.25% | 43.59% | 37.14% | 107.89% | 947.06% | 62.5% | 169.23% | - | -135.78% | 250% |
| EPS (Basic) | 0.56 | 0.39 | 0.88 | 0.69 | 0.80 | 0.87 | 0.81 | 0.20 | 0.68 | 0.46 | 0.64 | 0.57 | 0.49 | 0.82 | 1.48 | 0.40 | 0.36 | 0.39 | -0.17 | 0.25 |
| Diluted Shares Outstanding | 58.78M | 58.7M | 58.72M | 58.43M | 58.52M | 58.22M | 58.1M | 57.54M | 57.6M | 58.85M | 60.68M | 60.74M | 61.22M | 61.62M | 61.21M | 60.92M | 60.59M | 60.31M | 57.72M | 58.59M |
| Basic Shares Outstanding | 57.82M | 57.63M | 58.47M | 57.47M | 57.31M | 57.1M | 56.87M | 56.8M | 56.77M | 58.32M | 59.86M | 59.97M | 59.73M | 59.48M | 59.23M | 59.06M | 58.91M | 58.55M | 57.72M | 56.94M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | 207.69% | - | - | - | - | - | - | - | - | - | - |