Harrow, Inc. (HROW)

Harrow Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	272.3	199.61	130.19	88.6	72.48
Revenue Growth (YoY)	36.41%	53.32%	46.95%	22.24%	48.30%
Cost of Revenue	67.93	49.25	39.64	25.38	18.21
Gross Profit	204.37	150.37	90.55	63.21	54.26
Selling, General & Admin	152.91	129.06	83.09	58.24	41.32
Research & Development	20.94	12.23	6.65	3.05	11.08
Other Operating Expenses	-	0.25	0.38	-	0.25
Total Operating Expenses	173.85	141.55	90.12	61.29	52.65
Operating Income	30.52	8.82	0.43	1.92	1.61
Interest Expense	-24.18	-22.79	-21.32	-7.24	-5.44
Other Non-Operating Income (Expense)	-7.7	-3.36	-2.82	-8.69	-14.05
Total Non-Operating Income (Expense)	-31.88	-26.14	-24.14	-15.93	-19.49
Pretax Income	-1.37	-17.32	-23.71	-14.01	-17.87
Provision for Income Taxes	3.77	0.16	0.7	0.08	0.13
Net Income	-5.14	-17.48	-24.41	-14.09	-18.48
Net Income Attributable to Preferred Dividends	-	-	-	-	0.47
Net Income to Common	-5.14	-17.48	-24.41	-14.09	-18.48
Shares Outstanding (Basic)	37	36	33	27	27
Shares Outstanding (Diluted)	37	36	33	27	27
Shares Change (YoY)	3.11%	9.30%	18.77%	2.63%	3.33%
EPS (Basic)	-0.14	-0.49	-0.75	-0.51	-0.69
EPS (Diluted)	-0.14	-0.49	-0.75	-0.51	-0.69
Shares Outstanding	37.23	35.62	35.17	29.9	26.9
Free Cash Flow	42.98	-23.8	2.38	-0.89	3.3
Free Cash Flow Per Share	1.17	-0.67	0.07	-0.03	0.12
Gross Margin	75.05%	75.33%	69.55%	71.35%	74.87%
Operating Margin	11.21%	4.42%	0.33%	2.17%	2.23%
Profit Margin	-1.89%	-8.76%	-18.75%	-15.90%	-24.85%
FCF Margin	15.78%	-11.92%	1.83%	-1.01%	4.55%
EBITDA	50.19	23.36	12.77	5.58	4.01
EBITDA Margin	18.43%	11.70%	9.81%	6.30%	5.53%
EBIT	30.52	8.82	0.43	1.92	1.61
EBIT Margin	11.21%	4.42%	0.33%	2.17%	2.23%
Effective Tax Rate	-275.66%	-0.93%	-2.96%	-0.54%	-0.74%

Updated Mar 2, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q