Heron Therapeutics, Inc.

Heron Therapeutics, Inc.

HRTXยทNASDAQ

$0.49

+8.9%
HealthcareBiotechnology

Heron Therapeutics, Inc., a biotechnology company, engages in developing treatments to address unmet patient needs. The company's product candidates utilize its proprietary Biochronomer, a drug delivery technology, which delivers therapeutic levels of a range of short-acting pharmacological agents over a period from days to weeks with a single administration. It offers SUSTOL (granisetron), an extended-release injection for the prevention of acute and delayed nausea and vomiting associated with moderately emetogenic chemotherapy, or anthracycline and cyclophosphamide combination chemotherapy regimens; and CINVANTI, an intravenous formulation of aprepitant, a substance P/neurokinin-1 receptor antagonist for the prevention of acute and delayed nausea and vomiting associated with highly emetogenic cancer chemotherapy, as well as nausea and vomiting associated with moderately emetogenic cancer chemotherapy. The company is also developing ZYNRELEF, a dual-acting local anesthetic that delivers a fixed-dose combination of the local anesthetic bupivacaine and a low dose of the nonsteroidal anti-inflammatory drug meloxicam; HTX-019, an investigational agent for the prevention of postoperative nausea and vomiting; and HTX-034 for postoperative pain management, as well as is in Phase Ib/II clinical study in patients undergoing bunionectomy. The company was formerly known as A.P. Pharma, Inc. and changed its name to Heron Therapeutics, Inc. in January 2014. Heron Therapeutics, Inc. was founded in 1983 and is headquartered in San Diego, California.

At a Glance

Live Snapshot
Market Cap$77.82M
EPS-0.1200
P/E Ratio-4.11
Earnings Date08/11/2026
3Y+44.0%
5Y+75.0%
10Y+12011.0%
3Y-89.0%
5Y-91.0%
10Y-88.0%
3Y-81.0%
5Y-85.0%
10Y-79.0%
Heron Therapeutics, Inc.

Heron Therapeutics, Inc. Profit Bridge

HRTX ยท NASDAQ
Revenue154.90M
Cost of Goods Sold (41.35M)
Gross Profit113.56M
Operating Expenses (116.09M)
Operating Income-2.54M
Interest Expense (0.00)
Other Income/Expense-17.66M
Pretax Income-20.20M
Income Tax (0.00)
Net Income-20.20M
Net Income
-20.20M

Profitability Analysis

Gross Margin

73.3%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-1.6%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-13.0%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

Heron Therapeutics, Inc. Income Statement

HRTX โ€ข NASDAQ

Heron Therapeutics, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
154.9M
144.3M
127M
107.7M
86.3M
88.6M
146M
77.5M
30.8M
1.3M
0.0
0.0
0.0
646K
646K
1.3M
1.3M
369K
412K
5.4M
GROSS PROFIT
(41.3M)
(38.6M)
(65.1M)
(54.9M)
(46M)
(36.2M)
(61.6M)
(27.5M)
(4.6M)
(35K)
(734K)
(54.8M)
(30.9M)
(14.1M)
(179K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
113.6M
105.6M
61.9M
52.8M
40.3M
52.4M
84.3M
50M
26.2M
1.2M
-734K
-54.8M
-30.9M
-14.1M
467K
1.3M
1.3M
369K
412K
0.0
OPERATING INCOME
(116.1M)
(117.2M)
(172.6M)
(227.5M)
(258.2M)
(280.6M)
(295M)
(233.9M)
(220.7M)
(172.2M)
(96.9M)
(74.6M)
(23.8M)
(23.8M)
(11.7M)
(11.2M)
(11.1M)
(23.8M)
(24M)
(18.5M)
(103.7M)
(100.5M)
(119.8M)
(144.8M)
(127.3M)
(106.1M)
(127.7M)
(93.9M)
(82.2M)
(69M)
(35.7M)
(19.7M)
(21.7M)
(3.5M)
(3.5M)
(4M)
(3.7M)
(4.3M)
(4.7M)
(3.6M)
(12.4M)
(16.7M)
(39.1M)
(82.7M)
(130.8M)
(174.5M)
(167.4M)
(140M)
(138.6M)
(103.1M)
(61.2M)
(54.8M)
(32.8M)
(15M)
(8.2M)
(7.3M)
(7.8M)
(19.5M)
(19.4M)
(15.2M)
-2.5M
-11.5M
-110.6M
-174.7M
-217.8M
-228.2M
-210.7M
-183.9M
-194.6M
-170.9M
-96.9M
-74.6M
-54.5M
-23.8M
-11.1M
-9.9M
-10.2M
-23.4M
-23.6M
-18.9M
PRE-TAX INCOME
(0.0)
(6M)
(3.9M)
(2.5M)
(2.4M)
(1.9M)
(1.5M)
(2.7M)
(3.9M)
(2.7M)
(958K)
(887K)
(826K)
(599K)
(373K)
(2K)
(0.0)
(0.0)
(0.0)
(0.0)
0.0
-2.5M
-504K
-836K
-2M
1.7M
5.8M
3.3M
-2.9M
-2.2M
0.0
0.0
0.0
0.0
-373K
-2K
29K
587K
0.0
0.0
(0.0)
(0.0)
(13.6M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-38K
(0.0)
-666K
-1.8M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-17.7M
-2.1M
56K
-7.4M
-2.9M
885K
5.9M
5.1M
-2.9M
-2.2M
-666K
-1.8M
-826K
-599K
-373K
2.7M
24K
320K
3.8M
24.4M
-20.2M
-13.6M
-110.6M
-182M
-220.7M
-227.3M
-204.7M
-178.8M
-197.5M
-173.1M
-97.6M
-76.4M
-55.3M
-24.4M
-11.4M
-7.2M
-10.2M
-23.1M
-19.8M
5.5M
NET INCOME
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(1.9M)
(0.0)
(0.0)
-1.1M
-734K
-578K
-333K
(0.0)
(0.0)
(0.0)
-122K
-320K
(41K)
(119K)
-20.2M
-13.6M
-110.6M
-182M
-220.7M
-227.3M
-204.7M
-178.8M
-197.5M
-173.1M
-97.6M
-76.4M
-55.3M
-23.3M
-11.8M
-7.3M
-10M
-23.1M
-20.2M
5.3M

SEC Filings

HRTX - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

June 02, 2026
June 02, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 11, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 11, 2026
May 11, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 30, 2026
April 30, 2026
2026
8-K

8-K 2026

N/A

April 06, 2026
April 03, 2026
2026
10-K

10-K 2025 FY

FY

February 26, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 26, 2026
February 26, 2026
2026
8-K

8-K 2026

N/A

January 09, 2026
January 09, 2026
2026
8-K

8-K 2025

N/A

November 04, 2025
November 04, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 04, 2025
September 30, 2025
2025
Showing 1 to 10 of 530 filings