15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $272M | -$5M | 75.1% | 11.2% | $43M | $250M | $73M |
| 2024 | $200M | -$17M | 75.3% | 4.4% | -$24M | $263M | $47M |
| 2023 | $130M | -$24M | 69.6% | 0.3% | $2M | $247M | $74M |
| 2022 | $89M | -$14M | 71.3% | 2.2% | -$892000 | $152M | $96M |
| 2021 | $72M | -$18M | 74.9% | 2.2% | $3M | $103M | $42M |
| 2020 | $49M | -$3M | 70.4% | 0.8% | -$2M | $20M | $4M |
| 2019 | $51M | $168000 | 67.3% | -9.4% | -$518000 | — | $5M |
| 2018 | $41M | $15M | 60.1% | -12.6% | -$1M | $23M | — |
| 2017 | $27M | -$12M | 49.6% | -45.4% | -$10M | $23M | $4M |
| 2016 | — | -$19M | — | — | -$18M | — | $9M |
| 2015 | — | -$16M | — | — | -$10M | — | $3M |
| 2014 | — | -$10M | — | — | -$7M | — | $8M |
| 2014 | — | -$34M | — | — | -$19M | — | $14M |
| 2013 | — | -$8M | — | — | -$4M | — | $16M |
| 2013 | — | -$30M | — | — | -$16M | — | $17M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $44M | -$28M | 61.2% | -50.0% | -$9M | $300M | $95M |
| Dec '25 | $89M | $7M | 79.3% | 17.5% | $8M | $250M | $73M |
| Sep '25 | $72M | $1M | 75.3% | 20.6% | $16M | $347M | $74M |
| Jun '25 | $64M | $5M | 74.5% | 17.9% | -$969000 | $251M | $53M |
| Mar '25 | $48M | -$18M | 67.5% | -23.5% | $19M | $257M | $67M |
| Dec '24 | $67M | $7M | 78.8% | 19.3% | -$18M | $263M | $47M |
| Sep '24 | $49M | -$4M | 75.6% | 2.7% | $2M | $231M | $73M |
| Jun '24 | $49M | -$6M | 74.4% | 3.1% | -$3M | $236M | $71M |
| Mar '24 | $35M | -$14M | 69.5% | -20.0% | -$5M | $243M | $69M |
| Dec '23 | $36M | -$9M | 68.9% | -13.4% | $9M | $247M | $74M |
| Sep '23 | $34M | -$4M | 70.6% | 5.1% | -$2M | $252M | $66M |
| Jun '23 | $33M | -$4M | 70.1% | 7.0% | $4M | $240M | — |
| Mar '23 | $26M | -$7M | 68.3% | 4.6% | -$9M | $244M | — |
| Dec '22 | $20M | $1M | 69.7% | -8.7% | -$5M | $152M | $96M |
| Sep '22 | $23M | -$6M | 70.6% | -0.4% | -$1M | $98M | $45M |
| Jun '22 | $23M | -$6M | 72.0% | 7.2% | $5M | $100M | $46M |
| Mar '22 | $22M | -$2M | 73.0% | 9.5% | $563000 | $101M | $42M |
| Dec '21 | $20M | -$7M | 74.8% | -8.7% | -$2M | $103M | $42M |
| Sep '21 | $19M | -$8M | 73.6% | -19.9% | -$2M | $106M | $58M |
| Jun '21 | $18M | -$2M | 75.6% | 23.0% | $4M | $107M | $73M |
How the market has priced HROW against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Harrow, Inc.'s revenue has grown 41.0% per year. These are computed facts, not advice.
As of FY2025, Harrow, Inc. reported $250M of total debt against $73M of cash; operating income covered interest expense 1.3×.
In FY2025, gross margin was 75.1%, operating margin 11.2%, and net margin -1.9%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.