HRMYHarmony Biosciences Holdings, Inc.(HRMY)Stock Analysis

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SEC EDGAR: CIK 1802665HRMY stock profile & AI dashboard →

13F Pro Quality Score

75.3/100

Rank #132 of 2,879 stocksTOP 5%

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Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.

Revenue Growth

82.0/100

Profitability

83.7/100

Balance Sheet

91.4/100

Earnings Quality

54.5/100

Free Cash Flow

85.7/100

Institutional Flow

93.4/100

Revenue Scale

46.1/100

Dilution Risk

25.4/100

HRMY Stock Analysis & AI Quality Score

AI stock analysis and institutional research for Harmony Biosciences Holdings, Inc. (HRMY), a Healthcare sector company. 13F Pro's AI-powered ranking engine scores HRMY at 75.3/100 on a 32-signal composite quality model, placing it at rank #132 of 2,879 stocks — the top 5% of the AI-ranked universe. HRMY scores in the top quartile across institutional flow (93.4), balance sheet strength (91.4), free cash flow (85.7). Shareholder dilution risk is elevated at 25.4/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Harmony Biosciences Holdings, Inc. reports quarterly revenue of $215.4M, net income of $32.5M, an operating margin of 17.3%. Top institutional holders of HRMY by reported 13-F value include BlackRock,, FMR, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. HRMY trades on the Nasdaq exchange and files with the SEC under CIK 1802665. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate HRMY daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Harmony Biosciences Holdings, Inc. directly from SEC EDGAR. Harmony Biosciences Holdings, Inc.'s 13F Pro composite quality score has ranged between 41 and 83 since 2021, currently 75.3 — an improving long-term trajectory across 29 quarterly and live scoring snapshots.

Fun facts about Harmony Biosciences Holdings, Inc.

Quirks, history, and lore behind HRMY — the kind of stuff that makes a stock memorable.

  • 1
    The Basics
    U.S. specialty pharmaceutical company · small-cap · listed on Nasdaq · headquartered in Pennsylvania.
  • 2
    The Numbers
    Annual revenue in the low hundreds of millions of dollars, with a portfolio built around a single core therapeutic area — a high-risk, high-focus strategy.
  • 3
    The History
    Founded in 2017 and went public in 2020, making it one of the younger publicly traded pharma companies — barely old enough to vote, already selling prescription drugs.
  • 4
    The Secret
    The entire business is laser-focused on sleep and wake disorders — conditions that affect tens of millions of Americans but have historically been underserved by drug development.
  • 5
    The Lore
    Its flagship drug targets excessive daytime sleepiness associated with narcolepsy, competing in a niche where patients have long had few good options — and the company bet everything on it.
  • 6
    The Giveaway
    The name itself promises peaceful rest: a neuroscience-focused pharma company whose lead product Wakix (pitolisant) was the first narcolepsy treatment with a novel mechanism approved in decades.
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What's Driving HRMY's Business? Latest 10-Q Breakdown

AI-extracted from Harmony Biosciences Holdings, Inc.'s 10-Q filed 2026-05-07 — Q1 2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

HRMY reported Q1 2026 revenue of $215.4M (+16.6% YoY) driven by 12.1% unit growth in WAKIX, but R&D expenses surged 101% to $69.4M due to $32M in upfront IPR&D payments for new license agreements.

Biggest Revenue Drivers

Total revenue: $215.4M+16.6% YoY

WAKIX (pitolisant) - narcolepsy and sleep disorders$215.4M+16.6% YoY

12.1% increase in units shipped plus 7% price increase (January 2026) partially offset by higher rebates (~3.7%).

Largest Expense Items

Research and development$69.4M+100.9% YoY

$32.0M IPR&D charges (Novitium $15M, MSN $17M license upfronts), plus $7.4M increase in EPX-100 and Pitolisant GR/HD development costs.

Cost of product sold$44.5M+39.1% YoY

Higher royalties from revenue growth and new royalties under Novitium License Agreement; cost of product sold as percentage of revenue increased to 20.7% from 17.3%.

Sales and marketing$31.7M+3.2% YoY

$2.6M increase in patient engagement and marketing activities and $0.5M higher personnel costs.

General and administrative$32.5M+4.0% YoY

$2.3M increase in legal and professional fees primarily for patent litigation; $0.3M higher personnel costs.

Watch Items from the Filing

  • Three customers represent 100% of Q1 2026 product revenue: CVS Caremark 37%, Accredo 36%, PANTHERx 27%. High concentration risk with specialty pharmacy distribution.
  • Company had event of default on TLA Credit Agreement (dated July 2025) related to subsidiary guarantee covenant delay; waived May 4, 2026. All principal/interest payments current as of May 7, 2026.
  • Significant ANDA litigation pipeline: Lupin, Novugen, Hikma, AET, and others settled to allow generic entry July 2030 or earlier if WAKIX loses pediatric exclusivity; MSN settlement terms remain confidential.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Revenue

Q1 2026

$215.4M

Net Income

Q1 2026

$32.5M

Free Cash Flow

Q1 2026

$27.8M

Operating Margin

Q1 2026

17.3%

D/E Ratio

Q1 2026

0.20

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Revenue

+21.5% YoY
$868.5MFY 2025
FY22 $437.9MFY23 $582.0MFY24 $714.7MFY25 $868.5M

Net Income

+9.1% YoY
$158.7MFY 2025
FY22 $181.5MFY23 $128.9MFY24 $145.5MFY25 $158.7M

Operating Income

+9.2% YoY
$208.5MFY 2025
FY22 $120.2MFY23 $192.0MFY24 $190.8MFY25 $208.5M

EPS (Diluted)

+8.0% YoY
$2.71FY 2025
FY22 $2.97FY23 $2.13FY24 $2.51FY25 $2.71

Total Assets

+27.3% YoY
$1.27BFY 2025
FY22 $673.9MFY23 $811.4MFY24 $999.2MFY25 $1.27B

Total Debt

-6.1% YoY
$183.7MFY 2025
FY22 $193.6MFY23 $208.6MFY24 $195.5MFY25 $183.7M

Op. Cash Flow

+58.4% YoY
$348.2MFY 2025
FY22 $144.5MFY23 $219.4MFY24 $219.8MFY25 $348.2M

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Available Research

13F Pro tracks comprehensive data for Harmony Biosciences Holdings, Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)
XBRL financial facts (revenue, EPS, margins)
Insider transactions (Form 4)
Institutional 13F holdings
Quality rankings (32 signals)
AI analyst debates & daily meetings
Historical financial trends
Peer comparison & sector analysis

Top Institutional Holders of HRMY

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Is HRMY a good stock to buy?

13F Pro's AI-powered analysis of Harmony Biosciences Holdings, Inc. (HRMY) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for HRMY are available on the HRMY stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own HRMY?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling HRMY. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Harmony Biosciences Holdings, Inc.'s investment landscape.