Harmony Biosciences Holdings Inc
For the period ended Dec 31, 2024. Filed Feb 25, 2025.
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FY2024 · Filed Feb 25, 2025
HRMY$33.55-0.7%Stored close · as of Nov 10, 2026
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Consolidated Statements of Operations and Comprehensive Income (Loss
HARMONY BIOSCIENCES HOLDINGS, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (In thousands, except share and per share data)
| · · · · · · · · · | |||||||
|---|---|---|---|---|---|---|---|
| · · Year Ended December 31, | |||||||
| · 2024 · 2023 · · 2022 | |||||||
| Net product revenue | | $714,734 | | $582,022 | | $437,855 | |
| Cost of product sold | | 156,815 | | 121,236 | | 83,481 | |
| Gross profit | | 557,919 | | 460,786 | | 354,374 | |
| Operating expenses: | | | | ||||
| Research and development | | 145,825 | | 76,063 | | 70,886 | |
| Sales and marketing | | 110,916 | | 97,404 | | 79,285 | |
| General and administrative | | 110,352 | | 95,289 | | 84,017 | |
| Total operating expenses | | 367,093 | | 268,756 | | 234,188 | |
| Operating income | | 190,826 | | 192,030 | | 120,186 | |
| Loss on debt extinguishment | | — | | (9,766) | | — | |
| Other (expense) income, net | | (68) | | 159 | | 169 | |
| Interest expense | | | (17,496) | | (23,757) | | (18,795) |
| Interest income | | 18,542 | | 14,730 | | 3,126 | |
| Income before income taxes | | 191,804 | | 173,396 | | 104,686 | |
| Income tax expense | | (46,311) | | (44,543) | | 76,782 | |
| Net income | | $145,493 | | $128,853 | | $181,468 | |
| Unrealized (loss) income on investments | | 64 | | 153 | | (151) | |
| Comprehensive income | | $145,557 | | $129,006 | | $181,317 | |
| EARNINGS PER SHARE: | | | | ||||
| Basic | | $2.56 | | $2.17 | | $3.07 | |
| Diluted | | $2.51 | | $2.13 | | $2.97 | |
| Weighted average number of shares of common stock - basic | | 56,885,455 | | 59,469,648 | | 59,173,121 | |
| Weighted average number of shares of common stock - diluted | | 57,869,915 | | 60,372,397 | | 61,097,045 | |
HARMONY BIOSCIENCES HOLDINGS, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (DEFICIT)
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