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Side-by-side financial comparison of HARROW, INC. (HROW) and Navigator Holdings Ltd. (NVGS). Click either name above to swap in a different company.

Navigator Holdings Ltd. is the larger business by last-quarter revenue ($129.6M vs $89.1M, roughly 1.5× HARROW, INC.). Navigator Holdings Ltd. runs the higher net margin — 16.5% vs 7.4%, a 9.1% gap on every dollar of revenue. On growth, HARROW, INC. posted the faster year-over-year revenue change (33.3% vs -11.6%).

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

Navigator Holdings Ltd. is a global maritime transport firm specializing in liquefied gas carrier operations. It offers seaborne transport for liquefied petroleum gas, ammonia, ethylene and other specialty liquefied gases, serving clients across the global energy, petrochemical and industrial manufacturing sectors.

HROW vs NVGS — Head-to-Head

Bigger by revenue
NVGS
NVGS
1.5× larger
NVGS
$129.6M
$89.1M
HROW
Growing faster (revenue YoY)
HROW
HROW
+44.9% gap
HROW
33.3%
-11.6%
NVGS
Higher net margin
NVGS
NVGS
9.1% more per $
NVGS
16.5%
7.4%
HROW

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
HROW
HROW
NVGS
NVGS
Revenue
$89.1M
$129.6M
Net Profit
$6.6M
$21.5M
Gross Margin
79.3%
Operating Margin
17.5%
15.8%
Net Margin
7.4%
16.5%
Revenue YoY
33.3%
-11.6%
Net Profit YoY
-2.2%
-7.7%
EPS (diluted)
$0.20
$0.31

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
NVGS
NVGS
Q4 25
$89.1M
Q3 25
$71.6M
Q2 25
$63.7M
$129.6M
Q1 25
$47.8M
Q4 24
$66.8M
Q3 24
$49.3M
Q2 24
$48.9M
$146.7M
Q1 24
$34.6M
Net Profit
HROW
HROW
NVGS
NVGS
Q4 25
$6.6M
Q3 25
$1.0M
Q2 25
$5.0M
$21.5M
Q1 25
$-17.8M
Q4 24
$6.8M
Q3 24
$-4.2M
Q2 24
$-6.5M
$23.2M
Q1 24
$-13.6M
Gross Margin
HROW
HROW
NVGS
NVGS
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
NVGS
NVGS
Q4 25
17.5%
Q3 25
20.6%
Q2 25
17.9%
15.8%
Q1 25
-23.5%
Q4 24
19.3%
Q3 24
2.7%
Q2 24
3.1%
26.9%
Q1 24
-20.0%
Net Margin
HROW
HROW
NVGS
NVGS
Q4 25
7.4%
Q3 25
1.4%
Q2 25
7.8%
16.5%
Q1 25
-37.2%
Q4 24
10.1%
Q3 24
-8.6%
Q2 24
-13.2%
15.8%
Q1 24
-39.2%
EPS (diluted)
HROW
HROW
NVGS
NVGS
Q4 25
$0.20
Q3 25
$0.03
Q2 25
$0.13
$0.31
Q1 25
$-0.50
Q4 24
$0.19
Q3 24
$-0.12
Q2 24
$-0.18
$0.32
Q1 24
$-0.38

Balance Sheet & Financial Strength

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

Metric
HROW
HROW
NVGS
NVGS
Cash + ST InvestmentsLiquidity on hand
$72.9M
$238.1M
Total DebtLower is stronger
$250.0M
Stockholders' EquityBook value
$52.4M
$1.2B
Total Assets
$399.5M
$2.4B
Debt / EquityLower = less leverage
4.77×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HROW
HROW
NVGS
NVGS
Q4 25
$72.9M
Q3 25
$74.3M
Q2 25
$53.0M
$238.1M
Q1 25
$66.7M
Q4 24
$47.2M
Q3 24
$72.6M
Q2 24
$71.0M
Q1 24
$76.0M
Total Debt
HROW
HROW
NVGS
NVGS
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
NVGS
NVGS
Q4 25
$52.4M
Q3 25
$47.0M
Q2 25
$49.7M
$1.2B
Q1 25
$56.5M
Q4 24
$69.7M
Q3 24
$58.0M
Q2 24
$58.5M
$1.2B
Q1 24
$60.6M
Total Assets
HROW
HROW
NVGS
NVGS
Q4 25
$399.5M
Q3 25
$363.1M
Q2 25
$345.0M
$2.4B
Q1 25
$364.2M
Q4 24
$389.0M
Q3 24
$351.5M
Q2 24
$306.6M
$2.1B
Q1 24
$295.5M
Debt / Equity
HROW
HROW
NVGS
NVGS
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
NVGS
NVGS
Operating Cash FlowLast quarter
$8.4M
Free Cash FlowOCF − Capex
$8.1M
FCF MarginFCF / Revenue
9.1%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
1.27×
TTM Free Cash FlowTrailing 4 quarters
$43.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HROW
HROW
NVGS
NVGS
Q4 25
$8.4M
Q3 25
$16.6M
Q2 25
$-803.0K
Q1 25
$19.7M
Q4 24
$-17.8M
Q3 24
$3.0M
Q2 24
$-2.7M
Q1 24
$-4.6M
Free Cash Flow
HROW
HROW
NVGS
NVGS
Q4 25
$8.1M
Q3 25
$16.4M
Q2 25
$-969.0K
Q1 25
$19.5M
Q4 24
$-18.3M
Q3 24
$2.3M
Q2 24
$-3.1M
Q1 24
$-4.7M
FCF Margin
HROW
HROW
NVGS
NVGS
Q4 25
9.1%
Q3 25
22.9%
Q2 25
-1.5%
Q1 25
40.8%
Q4 24
-27.4%
Q3 24
4.8%
Q2 24
-6.3%
Q1 24
-13.6%
Capex Intensity
HROW
HROW
NVGS
NVGS
Q4 25
0.4%
Q3 25
0.3%
Q2 25
0.3%
Q1 25
0.4%
Q4 24
0.8%
Q3 24
1.2%
Q2 24
0.7%
Q1 24
0.3%
Cash Conversion
HROW
HROW
NVGS
NVGS
Q4 25
1.27×
Q3 25
16.26×
Q2 25
-0.16×
Q1 25
Q4 24
-2.62×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

HROW
HROW

Segment breakdown not available.

NVGS
NVGS

Time Charters$91.5M71%
Voyage Charters$25.7M20%
Other$12.4M10%

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