Harmony Biosciences Holdings (HRMY) Announces Financial Results for Q1 2026

Harmony Biosciences Holdings, Inc. (NASDAQ:HRMY) is one of the best healthcare stocks to buy for the long term. Harmony Biosciences Holdings, Inc. (NASDAQ:HRMY) announced financial results for fiscal Q1 2026 on May 7, reporting net product revenue of $215.4 million for the quarter, delivering 17% year‑over‑year growth, and on track for full year 2026 net revenues of over $1 billion. Management stated that performance in the quarter highlighted continued strong demand, offset by market access headwinds that are observed every Q1 and were especially “pronounced” this year. In addition, the cost of product sold was $44.5 million, or 20.7% as a percentage of net product revenue, as compared to $32.0 million, or 17.3%, for the prior year period, reflecting a 39% increase.

Is Harmony Biosciences Holdings, Inc. (HRMY) the Best Small-Cap Growth Stock to Buy Now?

Harmony Biosciences Holdings, Inc. (NASDAQ:HRMY) further stated that it is continuing to vigorously protect WAKIX IP into 2030 and filed a suit against AET Pharma/Sandoz regarding the infringement of the amorphous pitolisant patent. The company also received FDA approval of pediatric cataplexy indication on February 13th, and the commercial team initiated full promotional efforts immediately upon approval.

Harmony Biosciences Holdings, Inc. (NASDAQ:HRMY) is a commercial-stage pharmaceutical company that develops and commercializes therapies to treat neurological disorders. Its product, WAKIX, is a molecule that increases histamine signaling in the brain by binding to H3 receptors.

While we acknowledge the risk and potential of HRMY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than HRMY and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.

Disclosure: None. Follow Insider Monkey on Google News.