earnings
confidence high
sentiment positive
materiality 0.80
Harrow posts Q4 record revenue $89.1M, net income $6.6M; guides 2026 revenue $350-$365M, EBITDA $80-$100M
HARROW, INC.
- Q4 revenue $89.1M record (+33% YoY); full-year 2025 revenue $272.3M (+36%).
- GAAP net income $6.6M in Q4; FY25 net loss $5.1M; Adj. EBITDA $24.2M Q4, $61.9M FY.
- Operating cash flow $43.9M in FY25 vs -$22.2M in 2024; cash $72.9M.
- 2026 guidance: revenue $350-$365M, Adj. EBITDA $80-$100M; CEO plans to double VEVYE salesforce, expand IHEEZO in-office.