HROW

Harrow, Inc. Health Care Pharmaceutical Preparations Russell 3000
$28.24Close $1.1BMarket cap $27.24 – $54.8052-week range Nov 9, 2026Next report · after the close

Highlights

Cautions

  • Not in an uptrend 0 of 8 trend conditions
  • Lagging the market RS 9 · weaker than 91% of stocks over 12 months
  • Far from its high 48% below its 52-week high
  • Distribution down-day volume 2.1× up-day volume over 50 sessions
  • Earnings shrinking EPS −460% year on year
  • Results soon Nov 9, 2026, in 8 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 10, 2026
Off 12-month high 48%
1wk down 0.7% price change
1mo down 8.3% price change
12-month return down 25% market up 11% · its own down 34%
F-score 6 / 9 Mixed
Altman Z 2.55 Moderate risk
P/E — price / earnings
PEG — P/E / EPS growth
P/B 20.0× price / book
Earnings yield up 2.5% EBIT / enterprise value
Cheaper than 35% of the market · expensive
Revenue growth up 36% year on year
EPS growth down 460% latest quarter
Sales growth up 11% latest quarter · +18 pts
ROE down 8% return on equity
Free cash margin up 16% $43.0M FCF
D/E 4.77 long-term debt / equity
Net debt / EBITDA 5.6×
Interest cover —EBIT / interest
Piotroski tests
  • not yet profitable on its assets
  • issued more shares
  • gross margin narrowed
  • generating cash from operations
  • profitability improving
  • profits backed by cash
  • reduced long-term debt
  • short-term liquidity improved
  • assets working harder

Repair signals

  • FCF turned positive ($-24M → $43M)

Trade setup

ATR% 4.8% $1.34 a day · 2×ATR $25.55
RS 9 / 99 vs the universe
Trend 0 / 8 trend template
Relative volume 0.6× vs 50-day average
Up/down volume 0.49 50 sessions
Implied move — no option chain · report Nov 9, 2026
Trend template · 0 of 8

Screen verdict

Did not qualify for any screen.

Warning signs

2 flagged
  • Heavily indebted Net debt is 5.6 times EBITDA — roughly 6 years of earnings before interest, tax and depreciation to repay borrowings in full.
  • Shareholders diluted The share count rose 4.5% over the year, from 36m to 37m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported Aug 10, 2026
Results reaction Aug 10, 2026-2% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $272.3M +36% on FY2024
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $48.9M FY2021 · $72.5M FY2022 · $88.6M FY2023 · $130.2M FY2024 · $199.6M FY2025 · $272.3M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology -$5.1M
-$25M $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$3.4M FY2021 · -$18.0M FY2022 · -$14.1M FY2023 · -$24.4M FY2024 · -$17.5M FY2025 · -$5.1M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $43.0M back to a profit
-$25M $0 $50M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$2.0M FY2021 · $3.3M FY2022 · -$892,000 FY2023 · $2.4M FY2024 · -$23.8M FY2025 · $43.0M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 75%
  • Net -2%
  • Free cash 16%
-25% 0% 100% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 70% · Net -7% · Free cash -4% FY2021 · Gross 75% · Net -25% · Free cash 5% FY2022 · Gross 71% · Net -16% · Free cash -1% FY2023 · Gross 70% · Net -19% · Free cash 2% FY2024 · Gross 75% · Net -9% · Free cash -12% FY2025 · Gross 75% · Net -2% · Free cash 16%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $177.1M net debt
  • Cash
  • Long-term debt
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $4.1M · Long-term debt $20.0M FY2021 · Cash $42.2M · Long-term debt $103.0M FY2022 · Cash $96.3M · Long-term debt $151.8M FY2023 · Cash $74.1M · Long-term debt $246.7M FY2024 · Cash $47.2M · Long-term debt $262.7M FY2025 · Cash $72.9M · Long-term debt $250.0M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 37.23m +44.6% since FY2020
37.23m 25.75m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 25.75m FY2021 · 26.90m FY2022 · 29.90m FY2023 · 35.17m FY2024 · 35.62m FY2025 · 37.23m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $48.9M $72.5M $88.6M $130.2M $199.6M $272.3M
Gross margin 70% 75% 71% 70% 75% 75%
Operating income $385,000 $1.6M $1.9M $431,000 $8.8M $30.5M
Net income -$3.4M -$18.0M -$14.1M -$24.4M -$17.5M -$5.1M
Net margin -7% -25% -16% -19% -9% -2%
Earnings per share -$0.13 -$0.67 -$0.51 -$0.75 -$0.49 -$0.14
Free cash flow -$2.0M $3.3M -$892,000 $2.4M -$23.8M $43.0M
Free cash margin -4% 5% -1% 2% -12% 16%
Cash $4.1M $42.2M $96.3M $74.1M $47.2M $72.9M
Long-term debt $20.0M $103.0M $151.8M $246.7M $262.7M $250.0M
Shareholders' equity $27.2M $11.3M $27.6M $70.8M $69.7M $52.4M
Shares outstanding 25.75m 26.90m 29.90m 35.17m 35.62m 37.23m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 10, 2026 Quarterly ↗ Jun 30, 2026 41d
May 11, 2026 Quarterly ↗ Mar 31, 2026 41d
Mar 2, 2026 Annual ↗ Dec 31, 2025 61d
Nov 10, 2025 Quarterly ↗ Sep 30, 2025 41d
Aug 11, 2025 Quarterly ↗ Jun 30, 2025 42d
May 8, 2025 Quarterly ↗ Mar 31, 2025 38d
Mar 27, 2025 Annual ↗ Dec 31, 2024 86d
Nov 14, 2024 Quarterly ↗ Sep 30, 2024 45d
Aug 7, 2024 Quarterly ↗ Jun 30, 2024 38d
May 13, 2024 Quarterly ↗ Mar 31, 2024 43d
Mar 19, 2024 Annual ↗ Dec 31, 2023 79d
Nov 13, 2023 Quarterly ↗ Sep 30, 2023 44d

Current reports