HARROW, INC. HROW
HARROW, INC. financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $272.3M | $199.6M | $130.2M | $88.6M | $72.5M | $48.9M | $51.2M | $41.4M | $26.8M | $19.9M |
| Gross profit | $204.4M | $150.4M | $90.6M | $63.2M | $54.3M | $34.4M | $34.4M | $24.9M | $13.3M | $10.1M |
| R&D expense | $20.9M | $12.2M | $6.7M | $3.0M | $11.1M | $2.4M | $2.1M | $825,000 | $413,000 | $739,000 |
| SG&A expense | $152.9M | $129.1M | $83.1M | $58.2M | $41.3M | $31.2M | $33.1M | $29.2M | $25.0M | — |
| Operating income | $30.5M | $8.8M | $431,000 | $1.9M | $1.6M | $385,000 | -$4.8M | -$5.2M | -$12.2M | -$15.9M |
| Interest expense | — | — | $21.3M | $7.2M | $5.4M | — | — | — | — | — |
| Income tax | $3.8M | $161,000 | $701,000 | $75,000 | $133,000 | $4,000 | $8,000 | — | -$935,000 | -$111,000 |
| Net income | -$5.1M | -$17.5M | -$24.4M | -$14.1M | -$18.0M | -$3.4M | $168,000 | $14.6M | -$12.0M | -$19.1M |
| EPS (diluted) | $-0.14 | $-0.49 | $-0.75 | $-0.51 | — | $-0.13 | $0.01 | $0.61 | $-0.60 | — |
| Operating cash flow | $43.9M | -$22.2M | $3.8M | $1.7M | $5.1M | -$1.1M | $950,000 | $687,000 | -$8.8M | -$11.2M |
| Free cash flow | $43.0M | -$23.8M | $2.4M | -$892,000 | $3.3M | -$2.0M | -$518,000 | -$1.1M | -$9.6M | -$18.1M |
| Cash & equivalents | $72.9M | $47.2M | $74.1M | $96.3M | $42.2M | $4.1M | $4.7M | — | $4.0M | $8.9M |
| Inventory | $13.5M | $10.7M | $10.9M | $6.5M | $4.2M | $4.0M | $3.3M | $1.8M | $2.2M | $1.8M |
| Total assets | $399.5M | $389.0M | $312.2M | $157.4M | $98.3M | $57.5M | $59.1M | $49.5M | $23.9M | $27.2M |
| Total liabilities | $347.4M | $319.7M | $241.8M | $130.1M | $87.4M | $30.6M | $31.7M | $24.7M | $21.3M | $20.8M |
| Shareholders' equity | $52.4M | $69.7M | $70.8M | $27.6M | $11.3M | $27.2M | $27.7M | $24.8M | $2.6M | $6.4M |
Growth · year-over-year · Revenue CAGR 33.7%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +36.4% | +53.3% | +47.0% | +22.2% | +48.3% | -4.5% | +23.7% | +54.5% | +34.3% | +105.2% |
| Net income growth | — | — | — | — | — | -2098.2% | -98.9% | — | — | — |
| EPS growth | — | — | — | — | — | -1400.0% | -98.4% | — | — | — |
| Free cash flow growth | — | -1099.9% | — | -127.1% | — | — | — | — | — | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.