Harmony Biosciences Holdings, Inc.

HRMY Healthcare Biotechnology

Harmony Biosciences Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $868.5 million, up 21.5% from fiscal 2024. In the quarter to June 2026, revenue grew 30.3%, EPS grew 88.4%, free cash flow grew 16.5% and total debt fell 10.5%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for five.

38.20 0.07 −0.18%
Market cap
$2.2B
P/E
12.2×
Fwd P/E
9.4×
Dividend yield
—
F-score
5/9
Altman Z
5.23
Beneish M
−2.99
Dividend safety
n/a

An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18
Revenue
868.45 714.73 582.02 437.86 305.44 159.74 6.00 —
Revenue Growth
21.51% 22.80% 32.93% 43.35% 91.21% 2,564.59% (96.25%) —
Cost of Revenue
198.34 156.82 121.24 83.48 55.52 27.74 1.58 0.18
Gross Profit
670.11 557.92 460.79 354.37 249.92 132.00 4.42 (0.18)
R&D Expenses
189.59 145.83 76.06 70.89 30.37 19.45 69.60 12.37
SG&A Expenses
272.05 221.27 192.69 163.30 132.03 95.57 80.73 28.88
Operating Income
208.47 190.83 192.03 120.19 87.53 16.99 (145.90) —
Non-operating Income/Expense
6.60 0.98 (18.63) (15.50) (50.10) (53.93) (6.07) —
Non-operating Interest Expenses
14.65 17.50 23.76 18.80 24.19 28.22 6.07 1.54
EBT
215.06 191.80 173.40 104.69 37.43 (36.94) (151.98) (39.90)
Income Tax Provision
56.38 46.31 44.54 (76.78) 2.83 — — —
Income after Tax
158.69 145.49 128.85 181.47 34.60 (36.94) (151.98) —
Dividends (Preferred)
— — — 0.00 — 26.90 35.23 —
Net Income Common
158.69 145.49 128.85 181.47 34.60 (63.85) (187.21) (70.08)
EPS (Basic)
2.76 2.56 2.17 3.07 0.60 (2.48) (19.54) (1.10)
EPS (Diluted)
2.71 2.51 2.13 2.97 0.58 (2.48) (19.54) (1.10)
Shares (Basic, Weighted)
57.49 56.89 59.47 59.17 57.53 25.77 7.78 63.68
Shares (Diluted, Weighted)
58.54 57.87 60.37 61.10 59.21 25.77 7.78 63.68
Gross Margin
77.16% 78.06% 79.17% 80.93% 81.82% 82.64% 73.69% 0.00%
EBIT Margin
24.00% 26.70% 32.99% 27.45% 28.66% 10.63% (2,433.76%) 0.00%
EBT margin
24.76% 26.84% 29.79% 23.91% 12.25% (23.13%) (2,535.06%) 0.00%
Net Profit Margin
18.27% 20.36% 22.14% 41.44% 11.33% (39.97%) (3,122.74%) 0.00%
Free Cash Flow Margin
40.06% 30.59% 37.64% 23.82% (0.57%) (3.12%) (3,379.23%) 0.00%
EBITDA
232.93 213.38 215.95 144.80 108.61 29.64 (142.10) (41.25)
EBIT
208.47 190.83 192.03 120.19 87.53 16.99 (145.90) (82.88)
Income from Continuous Operations
158.69 145.49 128.85 181.47 34.60 (36.94) (151.98) —
Consolidated Net Income/Loss
158.69 145.49 128.85 181.47 34.60 (36.94) (151.98) (39.90)
EPS (Basic, from Continuous Ops)
2.76 2.56 2.17 3.07 0.60 (1.43) (19.54) —
EPS (Basic, Consolidated)
2.76 2.56 2.17 3.07 0.60 (1.43) (19.54) —
EPS (Diluted, from Cont. Ops)
2.71 2.51 2.13 2.97 0.58 (1.43) (19.54) —
Shares (Diluted, Average)
58.55 57.87 60.37 61.10 59.21 25.77 — —
EPS (Diluted, Consolidated)
2.71 2.51 2.13 2.97 0.58 (1.43) (19.54) —
EBITDA Margin
26.82% 29.85% 37.10% 33.07% 35.56% 18.55% (2,370.34%) 0.00%
Operating Cash Flow Margin
40.09% 30.76% 37.69% 32.99% 32.27% (1.87%) (1,258.32%) 0.00%

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In millions of $ except per-share values · columns are period end dates