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.

Revenue
+12.3%
EPS
−6.24%
Free cash flow
−29.4%
Total debt
−11.5%

Quarter to September 2026, against a year earlier

33.04 0.57 +1.76%
Market cap
$1.9B
P/E
10.7×
Fwd P/E
9.9×
Dividend yield
—
F-score
5/9
Altman Z
5.23
Beneish M
−2.99
Dividend safety
n/a

Harmony Biosciences Holdings, Inc. (HRMY) Free cash flow margin

Alert me on Free cash flow margin

Harmony Biosciences Holdings, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 32.7%, down 7.4 percentage points from fiscal 2025 (40.1%). Over the past ten years it has ranged from −3,379.2% (fiscal 2019) to 40.1% (fiscal 2025) — the current reading is the highest in ten years. That is above the Biotechnology industry median of 0.00% and above the Healthcare sector median of 0.00%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 40.1% 9.47
FY2024 30.6% (7.05)
FY2023 37.6% 13.82
FY2022 23.8% 24.39
FY2021 −0.57% 2.55
FY2020 −3.12% 3,376.11
FY2019 −3,379.2% (3,379.23)
FY2018 0.00% —

Against its own ten years

Low −3,379.2% High 40.1%
Ten-year median 11.9%
Current reading's percentile 100

Free cash flow margin against peers

Company Free cash flow margin
HRMY Harmony Biosciences Holdings, Inc. 32.7%
SRPT Sarepta Therapeutics, Inc. compare 9.02%
FTRE Fortrea Holdings Inc. compare 6.41%
REPL Replimune Group, Inc. compare 0.00%
TRAX First Tracks Biotherapeutics, Inc. compare 0.00%
MAZE Maze Therapeutics, Inc. compare 0.00%
MESO Mesoblast Limited compare 0.00%
TRVI Trevi Therapeutics, Inc. compare 0.00%
VIR Vir Biotechnology, Inc. compare −46.9%
Biotechnology industry median 0.00%
Healthcare sector median 0.00%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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