earnings
confidence high
sentiment neutral
materiality 0.60
Heron Q1 net revenue $34.7M (-10.8% YoY); Acute Care up 32%; guidance reaffirmed
HERON THERAPEUTICS, INC. /DE/
2026-Q1 EPS reported
-$0.04
revenue$34,711,000
- Total net revenue $34.7M vs $38.9M YoY; Acute Care franchise up 32% led by ZYNRELEF (+27%) and APONVIE (+50%).
- Oncology net revenue $21.1M (-26.3% YoY) as CINVANTI declined 20.2% and SUSTOL wind-down continued.
- Reaffirmed FY2026 guidance: net revenue $173-183M and Adjusted EBITDA $10-20M; cash $44.8M.
- Settled CINVANTI patent litigation with Baxter; case dismissed April 28, 2026.
- Sales force expansion on track for Q3 2026; ZYNRELEF prefilled syringe program on schedule with stability data in Q1 2027.