Harrow Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	268.68	272.3	199.61	130.19	88.6	72.48
Revenue Growth (YoY)	26.22%	36.41%	53.32%	46.95%	22.24%	48.30%
Cost of Revenue	69.57	67.93	49.25	39.64	25.38	18.21
Gross Profit	199.11	204.37	150.37	90.55	63.21	54.26
Selling, General & Admin	155.63	152.91	129.06	83.09	58.24	41.32
Research & Development	23.81	20.94	12.23	6.65	3.05	11.08
Other Operating Expenses	-	-	0.25	0.38	-	0.25
Total Operating Expenses	179.44	173.85	141.55	90.12	61.29	52.65
Operating Income	19.67	30.52	8.82	0.43	1.92	1.61
Interest Expense	-23.13	-24.18	-22.79	-21.32	-7.24	-5.44
Other Non-Operating Income (Expense)	-7.7	-7.7	-3.36	-2.82	-8.69	-14.05
Total Non-Operating Income (Expense)	-30.83	-31.88	-26.14	-24.14	-15.93	-19.49
Pretax Income	-11.17	-1.37	-17.32	-23.71	-14.01	-17.87
Provision for Income Taxes	3.8	3.77	0.16	0.7	0.08	0.13
Net Income	-14.96	-5.14	-17.48	-24.41	-14.09	-18.48
Net Income Attributable to Preferred Dividends	-	-	-	-	-	0.47
Net Income to Common	-14.96	-5.14	-17.48	-24.41	-14.09	-18.48
Shares Outstanding (Basic)	37	37	36	33	27	27
Shares Outstanding (Diluted)	38	37	36	33	27	27
Shares Change (YoY)	12.38%	3.11%	9.30%	18.77%	2.63%	3.33%
EPS (Basic)	-0.39	-0.14	-0.49	-0.75	-0.51	-0.69
EPS (Diluted)	-0.41	-0.14	-0.49	-0.75	-0.51	-0.69
Shares Outstanding	37.27	37.23	35.62	35.17	29.9	26.9
Free Cash Flow	14.29	42.98	-23.8	2.38	-0.89	3.3
Free Cash Flow Growth	-66.74%	-	-	-	-	-
Free Cash Flow Per Share	0.38	1.17	-0.67	0.07	-0.03	0.12
Gross Margin	74.11%	75.05%	75.33%	69.55%	71.35%	74.87%
Operating Margin	7.32%	11.21%	4.42%	0.33%	2.17%	2.23%
Profit Margin	-5.57%	-1.89%	-8.76%	-18.75%	-15.90%	-24.85%
FCF Margin	5.32%	15.78%	-11.92%	1.83%	-1.01%	4.55%
EBITDA	40.21	50.19	23.36	12.77	5.58	4.01
EBITDA Margin	14.97%	18.43%	11.70%	9.81%	6.30%	5.53%
EBIT	19.67	30.52	8.82	0.43	1.92	1.61
EBIT Margin	7.32%	11.21%	4.42%	0.33%	2.17%	2.23%
Effective Tax Rate	-34.00%	-275.66%	-0.93%	-2.96%	-0.54%	-0.74%

Updated May 11, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q