Harrow, Inc. (HROW)

Harrow Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	227.66	199.61	130.19	88.6	72.48	48.87
Revenue Growth (YoY)	47.69%	53.32%	46.95%	22.24%	48.30%	-4.48%
Cost of Revenue	57.91	49.25	39.64	25.38	18.21	14.46
Gross Profit	169.75	150.37	90.55	63.21	54.26	34.41
Selling, General & Admin	142.18	129.06	83.09	58.24	41.32	31.25
Research & Development	12.92	12.23	6.65	3.05	11.08	2.41
Other Operating Expenses	-	0.25	0.38	-	0.25	0.36
Total Operating Expenses	155.1	141.55	90.12	61.29	52.65	34.02
Operating Income	14.4	8.82	0.43	1.92	1.61	0.39
Interest Expense	-24.86	-22.79	-21.32	-7.24	-5.44	-2.24
Other Non-Operating Income (Expense)	-0.26	-3.36	-2.82	-8.69	-14.05	-1.56
Total Non-Operating Income (Expense)	-25.12	-26.14	-24.14	-15.93	-19.49	-3.8
Pretax Income	-10.72	-17.32	-23.71	-14.01	-17.87	-3.42
Provision for Income Taxes	-	0.16	0.7	0.08	0.13	0
Net Income	-10.23	-17.48	-24.41	-14.09	-18.48	-6.71
Minority Interest in Earnings	-	-	-	-	-	0.06
Net Income Attributable to Preferred Dividends	-	-	-	-	0.47	-
Net Income to Common	-10.23	-17.48	-24.41	-14.09	-18.48	-6.71
Shares Outstanding (Basic)	36	36	33	27	27	26
Shares Outstanding (Diluted)	37	36	33	27	27	26
Shares Change (YoY)	3.87%	9.30%	18.77%	2.63%	3.33%	-2.16%
EPS (Basic)	-0.29	-0.49	-0.75	-0.51	-0.69	-0.13
EPS (Diluted)	-0.30	-0.49	-0.75	-0.51	-0.69	-0.13
Free Cash Flow	2.54	-23.8	2.38	-0.89	3.3	-1.96
Free Cash Flow Per Share	0.07	-0.67	0.07	-0.03	0.12	-0.08
Gross Margin	74.56%	75.33%	69.55%	71.35%	74.87%	70.41%
Operating Margin	6.32%	4.42%	0.33%	2.17%	2.23%	0.79%
Profit Margin	-4.49%	-8.76%	-18.75%	-15.90%	-24.85%	-7.00%
FCF Margin	1.12%	-11.92%	1.83%	-1.01%	4.55%	-4.01%
EBITDA	32.37	23.36	12.77	5.58	4.01	3.13
EBITDA Margin	14.22%	11.70%	9.81%	6.30%	5.53%	6.40%
EBIT	14.4	8.82	0.43	1.92	1.61	0.39
EBIT Margin	6.32%	4.42%	0.33%	2.17%	2.23%	0.79%
Effective Tax Rate	0.00%	-0.93%	-2.96%	-0.54%	-0.74%	-0.12%

Updated Aug 11, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q