NASDAQ$HRMY

Harmony Biosciences Holdings Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Harmony Biosciences reported strong financial results for Q4 2024, with net product revenues reaching a record $201.3 million and GAAP net income at $49.5 million.

Harmony Biosciences reported a record $201.3 million in net product revenues for the fourth quarter of 2024. GAAP net income for the quarter was $49.5 million, or $0.85 earnings per diluted share. The company ended the year with $576 million in cash, cash equivalents and investments.

  • Net product revenues for Q4 2024 were $201.3 million, a 20% increase compared to the same period in 2023.
  • GAAP net income for Q4 2024 was $49.5 million, or $0.85 earnings per diluted share, compared to $26.6 million, or $0.45 earnings per diluted share, for the same period in 2023.
  • Non-GAAP adjusted net income for Q4 2024 was $63.0 million, or $1.08 earnings per diluted share, compared to $42.8 million, or $0.73 per diluted share, for the same period in 2023.
  • The company ended the year with $576 million in cash, cash equivalents and investments.

Headline financials

Total Revenue

$201M

Previous: $168M+19.5%
EPS (adj)

$1.08

Previous: $0.73+47.9%
Net Income

$49.5M

Previous: $26.6M+86.0%
Operating Income

$55.7M

Previous: $40.2M+38.6%

Revenue & EPS history

Harmony Biosciences · Revenue · Quarterly

$201M

Q4 2024+19.5%vs Q4 2023
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Harmony Biosciences · $160M total across 1 segment · Q3 2023

  • WAKIX Net Product Revenue
    $160M+36.8%

Forward guidance

Harmony Biosciences expects full year 2025 net product revenue of $820 million to $860 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+1.3%

Avg return

Earnings day

+3.0%

Avg return

5 days after

+6.0%

Avg return

30 days after

54%

14 / 26 earnings

Positive

+24.4%

Q3 2023

Best reaction

-15.1%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.1%-8.0%-1.8%
Q4 2025+2.6%+6.2%+2.1%
Q3 2025-1.6%-5.1%+18.1%
Q1 2025+7.0%+13.7%+16.9%
Q4 2024+8.2%-1.0%-2.4%
Q3 2024-5.5%-7.5%+0.0%
Q2 2024+8.5%+9.4%+15.0%
Q1 2024+3.5%+7.9%-1.3%
Q4 2023-1.5%+1.5%+0.9%
Q3 2023+24.4%+31.5%+47.4%
Q2 2023-7.9%-5.0%+2.5%
Q1 2023+9.9%+9.5%+5.0%
Q4 2022-6.1%-8.0%-15.2%
Q3 2022+12.5%+13.2%+15.4%
Q2 2022+6.3%+6.6%-7.8%
Q1 2022-15.1%-21.9%-5.0%
Q4 2021+5.6%+6.1%+31.5%
Q3 2021+0.1%-0.1%-9.3%
Q2 2021+13.9%+20.1%+41.4%
Q1 2021+1.2%+4.0%+21.8%
Q1 2020+1.2%+4.0%+21.8%
Q2 2020-4.1%+11.4%-2.1%
Q4 2020-4.1%+11.4%-2.1%
Q3 2020-6.8%-7.4%-12.0%
Q4 2019-6.8%-7.4%-12.0%
Q3 2019-6.8%-7.4%-12.0%
Q2 2019
Q1 2019

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro