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Heron Therapeutics profit margin HRTX

Gross, operating and net profit as a share of revenue over the last twelve months, from 2023.

Net margin, 12 months
−22.5%
Operating margin, 12 months
−7.2%
Net margin on a year earlier
−21.9 pts
Peer median
7.6%

Over the twelve months to Jun 30, 2026, Heron Therapeutics kept −22.5% of its revenue as net profit, with an operating margin of −7.2% and a gross margin of 70.1%.

The median for 7 large drugmakers of a similar size is 7.6%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY2025−13.0%−1.6%73.3%
FY2024−9.4%−8.0%73.2%
FY2023−87.0%−87.1%48.8%
FY2022n/an/a49.0%
FY2021n/an/a46.7%
FY2020n/an/a59.2%
FY2019n/an/a57.8%
FY2018n/an/a64.5%
FY2017n/an/a85.1%
FY2016n/an/an/a
FY2015n/an/an/a
FY2014n/an/an/a
FY2013n/an/an/a
FY2012n/an/an/a
FY2011n/an/an/a

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY26−22.5%−21.9 pts−7.2%
Q1 FY26−20.5%−15.3 pts−6.9%
Q4 FY25−13.0%−3.6 pts−1.6%
Q3 FY25−8.8%+11.6 pts1.0%
Q2 FY25−0.6%+34.7 pts0.8%
Q1 FY25−5.2%+56.0 pts−2.4%
Q4 FY24−9.4%+77.6 pts−8.0%
Q3 FY24−20.3%+77.1 pts−18.8%
Q2 FY24−35.3%n/a−34.0%
Q1 FY24−61.3%n/a−62.3%
Q4 FY23−87.0%n/a−87.1%
Q3 FY23−97.4%n/a−98.3%

Against its peers

Companies in Drug Manufacturers - General nearest Heron Therapeutics' size, closest first, today.

Where Heron Therapeutics ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Heron Therapeutics

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.