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Side-by-side financial comparison of HARROW, INC. (HROW) and MID PENN BANCORP INC (MPB). Click either name above to swap in a different company.

HARROW, INC. is the larger business by last-quarter revenue ($89.1M vs $62.0M, roughly 1.4× MID PENN BANCORP INC). MID PENN BANCORP INC runs the higher net margin — 31.4% vs 7.4%, a 23.9% gap on every dollar of revenue. On growth, HARROW, INC. posted the faster year-over-year revenue change (33.3% vs 30.8%). MID PENN BANCORP INC produced more free cash flow last quarter ($71.8M vs $8.1M). Over the past eight quarters, HARROW, INC.'s revenue compounded faster (60.5% CAGR vs 21.1%).

Harrow Health, Inc., formerly known as Imprimis Pharmaceuticals, is a publicly traded pharmaceutical company based in Nashville, Tennessee.

Commerce Bancorp was a Cherry Hill, New Jersey–based bank created in 1973. In 2007, it was purchased by Toronto-Dominion Bank, which merged Commerce into TD Banknorth, the latter of which was rebranded to TD Bank.

HROW vs MPB — Head-to-Head

Bigger by revenue
HROW
HROW
1.4× larger
HROW
$89.1M
$62.0M
MPB
Growing faster (revenue YoY)
HROW
HROW
+2.5% gap
HROW
33.3%
30.8%
MPB
Higher net margin
MPB
MPB
23.9% more per $
MPB
31.4%
7.4%
HROW
More free cash flow
MPB
MPB
$63.7M more FCF
MPB
$71.8M
$8.1M
HROW
Faster 2-yr revenue CAGR
HROW
HROW
Annualised
HROW
60.5%
21.1%
MPB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HROW
HROW
MPB
MPB
Revenue
$89.1M
$62.0M
Net Profit
$6.6M
$19.4M
Gross Margin
79.3%
Operating Margin
17.5%
43.6%
Net Margin
7.4%
31.4%
Revenue YoY
33.3%
30.8%
Net Profit YoY
-2.2%
47.0%
EPS (diluted)
$0.20
$0.83

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HROW
HROW
MPB
MPB
Q4 25
$89.1M
$62.0M
Q3 25
$71.6M
$61.8M
Q2 25
$63.7M
$54.3M
Q1 25
$47.8M
$47.7M
Q4 24
$66.8M
$47.4M
Q3 24
$49.3M
$45.3M
Q2 24
$48.9M
$44.1M
Q1 24
$34.6M
$42.3M
Net Profit
HROW
HROW
MPB
MPB
Q4 25
$6.6M
$19.4M
Q3 25
$1.0M
$18.3M
Q2 25
$5.0M
$4.8M
Q1 25
$-17.8M
$13.7M
Q4 24
$6.8M
$13.2M
Q3 24
$-4.2M
$12.3M
Q2 24
$-6.5M
$11.8M
Q1 24
$-13.6M
$12.1M
Gross Margin
HROW
HROW
MPB
MPB
Q4 25
79.3%
Q3 25
75.3%
Q2 25
74.5%
Q1 25
67.5%
Q4 24
78.8%
Q3 24
75.6%
Q2 24
74.4%
Q1 24
69.5%
Operating Margin
HROW
HROW
MPB
MPB
Q4 25
17.5%
43.6%
Q3 25
20.6%
39.3%
Q2 25
17.9%
7.9%
Q1 25
-23.5%
35.2%
Q4 24
19.3%
34.1%
Q3 24
2.7%
32.8%
Q2 24
3.1%
32.4%
Q1 24
-20.0%
34.8%
Net Margin
HROW
HROW
MPB
MPB
Q4 25
7.4%
31.4%
Q3 25
1.4%
29.6%
Q2 25
7.8%
8.8%
Q1 25
-37.2%
28.8%
Q4 24
10.1%
27.9%
Q3 24
-8.6%
27.1%
Q2 24
-13.2%
26.7%
Q1 24
-39.2%
28.7%
EPS (diluted)
HROW
HROW
MPB
MPB
Q4 25
$0.20
$0.83
Q3 25
$0.03
$0.79
Q2 25
$0.13
$0.22
Q1 25
$-0.50
$0.71
Q4 24
$0.19
$0.72
Q3 24
$-0.12
$0.74
Q2 24
$-0.18
$0.71
Q1 24
$-0.38
$0.73

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HROW
HROW
MPB
MPB
Cash + ST InvestmentsLiquidity on hand
$72.9M
Total DebtLower is stronger
$250.0M
Stockholders' EquityBook value
$52.4M
$814.1M
Total Assets
$399.5M
$6.1B
Debt / EquityLower = less leverage
4.77×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HROW
HROW
MPB
MPB
Q4 25
$72.9M
Q3 25
$74.3M
Q2 25
$53.0M
Q1 25
$66.7M
Q4 24
$47.2M
Q3 24
$72.6M
Q2 24
$71.0M
Q1 24
$76.0M
Total Debt
HROW
HROW
MPB
MPB
Q4 25
$250.0M
Q3 25
$347.2M
Q2 25
$250.6M
Q1 25
$256.9M
Q4 24
$262.7M
Q3 24
$230.7M
Q2 24
$236.3M
Q1 24
$243.4M
Stockholders' Equity
HROW
HROW
MPB
MPB
Q4 25
$52.4M
$814.1M
Q3 25
$47.0M
$796.3M
Q2 25
$49.7M
$775.7M
Q1 25
$56.5M
$667.9M
Q4 24
$69.7M
$655.0M
Q3 24
$58.0M
$573.1M
Q2 24
$58.5M
$559.7M
Q1 24
$60.6M
$551.0M
Total Assets
HROW
HROW
MPB
MPB
Q4 25
$399.5M
$6.1B
Q3 25
$363.1M
$6.3B
Q2 25
$345.0M
$6.4B
Q1 25
$364.2M
$5.5B
Q4 24
$389.0M
$5.5B
Q3 24
$351.5M
$5.5B
Q2 24
$306.6M
$5.4B
Q1 24
$295.5M
$5.3B
Debt / Equity
HROW
HROW
MPB
MPB
Q4 25
4.77×
Q3 25
7.39×
Q2 25
5.05×
Q1 25
4.55×
Q4 24
3.77×
Q3 24
3.98×
Q2 24
4.04×
Q1 24
4.02×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HROW
HROW
MPB
MPB
Operating Cash FlowLast quarter
$8.4M
$80.0M
Free Cash FlowOCF − Capex
$8.1M
$71.8M
FCF MarginFCF / Revenue
9.1%
115.8%
Capex IntensityCapex / Revenue
0.4%
13.3%
Cash ConversionOCF / Net Profit
1.27×
4.12×
TTM Free Cash FlowTrailing 4 quarters
$43.0M
$132.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HROW
HROW
MPB
MPB
Q4 25
$8.4M
$80.0M
Q3 25
$16.6M
$26.3M
Q2 25
$-803.0K
$29.0M
Q1 25
$19.7M
$11.5M
Q4 24
$-17.8M
$51.4M
Q3 24
$3.0M
$16.9M
Q2 24
$-2.7M
$18.0M
Q1 24
$-4.6M
$12.4M
Free Cash Flow
HROW
HROW
MPB
MPB
Q4 25
$8.1M
$71.8M
Q3 25
$16.4M
$24.3M
Q2 25
$-969.0K
$27.2M
Q1 25
$19.5M
$8.8M
Q4 24
$-18.3M
$44.5M
Q3 24
$2.3M
$16.8M
Q2 24
$-3.1M
$17.7M
Q1 24
$-4.7M
$12.1M
FCF Margin
HROW
HROW
MPB
MPB
Q4 25
9.1%
115.8%
Q3 25
22.9%
39.4%
Q2 25
-1.5%
50.1%
Q1 25
40.8%
18.4%
Q4 24
-27.4%
93.8%
Q3 24
4.8%
37.1%
Q2 24
-6.3%
40.2%
Q1 24
-13.6%
28.5%
Capex Intensity
HROW
HROW
MPB
MPB
Q4 25
0.4%
13.3%
Q3 25
0.3%
3.1%
Q2 25
0.3%
3.2%
Q1 25
0.4%
5.7%
Q4 24
0.8%
14.6%
Q3 24
1.2%
0.0%
Q2 24
0.7%
0.7%
Q1 24
0.3%
0.8%
Cash Conversion
HROW
HROW
MPB
MPB
Q4 25
1.27×
4.12×
Q3 25
16.26×
1.44×
Q2 25
-0.16×
6.08×
Q1 25
0.84×
Q4 24
-2.62×
3.88×
Q3 24
1.37×
Q2 24
1.53×
Q1 24
1.02×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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