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Companies / Healthcare / HARROW, INC.
HROW

HARROW, INC.

HealthcarePharmaceutical Preparations
Ticker HROWNASHVILLE, TNFiscal year ends DecemberBook value per share $0.41Diluted shares 37.3M

Harrow, Inc. (Nasdaq: HARW) is a leading provider of ophthalmic disease management solutions in North America, operating through branded pharmaceutical products and a pharmaceutical compounding business. The company's website is www.harrow.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$272.30M
+36.4% year over year
Last 12 mo $275.59M
11.21%
+6.8 percentage points
Last 12 mo -1.00%
$-5.14M
+70.6% year over year
Last 12 mo $-37.23M
-9.80%
+14.9 percentage points
Last 12 mo -244.91%
Cash & financing
$43.86M
+297.6% year over year
Last 12 mo $6.25M
$42.98M
+280.6% year over year
Last 12 mo $5.02M
4.64
Was 3.15× a year earlier
Last 12 mo 19.24
36.8M
+3.1% year over year
Last 12 mo 37.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What HARROW, INC. does

In the company’s own words

Harrow, Inc. (Nasdaq: HARW) is a leading provider of ophthalmic disease management solutions in North America, operating through branded pharmaceutical products and a pharmaceutical compounding business. The company's website is www.harrow.com.

The company's core business comprises two primary segments: branded ophthalmic pharmaceuticals and ImprimisRx, an ophthalmology-focused pharmaceutical compounding operation. Harrow's branded portfolio includes over 20 FDA-approved ophthalmic products marketed and sold primarily in the United States and Canadian markets, addressing conditions affecting both the front and back of the eye, including dry eye disease, wet age-related macular degeneration, cataracts, glaucoma, and various ocular surface conditions. Key branded products include VEVYE for dry eye disease, IHEEZO for ocular surface anesthesia, TRIESENCE for ophthalmic disease treatment, and recently approved biosimilars BYOOVIZ and OPUVIZ. The company also markets established products such as VIGAMOX, ILEVRO, FLAREX, NATACYN, TOBRADEX ST, ZERVIATE, and VERKAZIA.

ImprimisRx operates two compounding facilities in Ledgewood, New Jersey, including a Section 503B FDA-registered outsourcing facility and a Section 503A licensed pharmacy. The compounding business serves more than 10,000 U.S. eyecare-dedicated prescribers and institutions with over 30 proprietary formulations, many of which are patented or patent-pending. All ImprimisRx finished products are manufactured in the United States.

Harrow's development pipeline focuses on late-stage and near-commercial assets, including MELT-300, a patented sublingual sedation therapy combining midazolam and ketamine for procedural use, which completed Phase 3 clinical trials. The company also develops H-N08, a triamcinolone acetonide program for inflammatory indications, and CR-01, a device-enabled conjunctival delivery system for ocular neoplasia.

The company operates as an accelerated filer with the SEC and maintains a disciplined, capital-efficient development strategy. Harrow's business model leverages its existing commercial infrastructure to promote and distribute products while pursuing strategic acquisitions and licensing arrangements to expand its ophthalmic portfolio across multiple disease states and therapeutic categories.

Company details
Sector
Healthcare
Industry
Pharmaceutical Preparations
Headquarters
NASHVILLE, TN
Fiscal year end
December
CIK
1360214
SIC
2834

Financial performance, year by year

Fiscal 2013–2025 · USD
$-68.51M$25.34M$119.18M$213.03M$306.88M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns HARROW, INC. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

157
funds hold it
0 of 35
superinvestors hold it
$295.78M
held by funds, at market
19.2%
of shares held by funds
1
bond issues held by funds

Largest fund holders · HARROW, INC.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.04%of fund net assets
BARON DISCOVERY FUND
BDFFX · BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)
1.34%of fund net assets
Janus Henderson Venture Fund
JAVTX · Janus Investment Fund
0.55%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.02%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

HARROW, INC.’s bonds, as funds hold them

Funds report holding 1 issues of HARROW, INC.’s debt, $98.79M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 8.63%, maturing 2030 to 2030.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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  • “How do HARROW, INC. and its peers compare on margins and cash generation over ten years?”
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