10-Q quarterly report · filed Nov 4, 2025

Harmony Biosciences Holdings, Inc. (HRMY) Q3 2025 10-Q Quarterly Report

Short answer

Harmony Biosciences Holdings, Inc. (HRMY) filed its Q3 2025 10-Q quarterly report on Nov 4, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $239M (up 28.7% year over year) with net income of $51M.

Q3 2025 key financials · XBRL

Revenue
$239M
+28.7% YoY · +19.4% QoQ
Net income
$51M
+10.4% YoY · +27.9% QoQ
Operating margin
27.3%
Gross margin
75.1%
EPS (diluted)
$0.86
+8.9% YoY · +26.5% QoQ

Source: XBRL data from the Harmony Biosciences Holdings, Inc. (HRMY) Q3 2025 10-Q on SEC EDGAR. USD.

Harmony Biosciences Holdings, Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • New clinical trial risk for Pitolisant PWS Phase 3 TEMPO study initiated Q1 2024 after FDA alignment Oct 2023 and Orphan designation Feb 2024
  • Updated regulatory risk: FDA approved pediatric EDS label June 2024 but denied pediatric cataplexy sNDA; Type A meeting held Oct 2024 with resubmission Q3 2025
  • Legal/compliance risk: ANDA litigation expenses included in general & administrative costs reflecting ongoing intellectual property challenges
  • Operational risk: Pricing increased 7.0% Jan 2025 but higher rebates (~5.1% for Q3 2025) partially offset net revenue gains impacting near-term sales growth
  • Financial risk: Cost of goods sold rose 39.4% Q3 2025 due to higher royalties triggered by increased revenues, raising cost ratio to 24.9% from 23.0% in prior year quarter

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

Other Harmony Biosciences Holdings, Inc. quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.