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Harrow (HROW) operating margin by quarter

Harrow's operating margin was 17.5% in Q4 2025 (fourth quarter 2025), -3.1 pts from Q3 2025. Over the last 4 quarters it ranged from 17.5% (Q4 2025) to 20.6% (Q3 2025).

Harrow operating margin by quarterHarrow operating margin by quarter19.3%Q4 202417.9%Q2 202520.6%Q3 202517.5%Q4 2025
QuarterOperating marginQ/QY/Y
Q4 202517.5%-3.1 pts-1.8 pts
Q3 202520.6%+2.7 pts—
Q2 202517.9%-1.4 pts—
Q4 202419.3%——

Q4 2025 at a glance

Harrow, Q4 2025: revenue $89.1M (+33% year over year), operating margin 17.5%, net earnings $6.6M, operating cash flow $8.4M. The chart follows the revenue to costs, profit and cash.

Questions

What is Harrow's operating margin?

Harrow's operating margin was 17.5% in Q4 2025 (fourth quarter 2025), -3.1 pts from Q3 2025.

How has Harrow's operating margin changed?

Over the last 4 quarters it ranged from 17.5% (Q4 2025) to 20.6% (Q3 2025).

Q4 2025 results → · How Harrow makes money →