OCUL
Company Description
Ocular Therapeutix, Inc., a biopharmaceutical company, focuses on the formulation, development, and commercialization of therapies for diseases and conditions of the eye using its bioresorbable hydrogel-based formulation technology. The company markets ReSure Sealant, an ophthalmic device to prevent wound leaks in corneal incisions following cataract surgery; and DEXTENZA, a dexamethasone ophthalmic insert to treat post-surgical ocular inflammation and pain following ophthalmic surgery, as well as allergic conjunctivitis. It is also developing OTX-TKI, an axitinib intravitreal implant that is in phase 1 clinical trials for the treatment of wet age-related macular degeneration and other retinal diseases; OTX-TIC, a travoprost intracameral implant, which is in phase 2 clinical trials for the treatment of open-angle glaucoma or ocular hypertension; OTX-CSI, a cyclosporine intracanalicular insert that has completed phase 2 clinical trials for the treatment of dry eye disease; and OTX-DED, a dexamethasone intracanalicular insert, which is in phase 2 clinical trials for the short-term treatment of the signs and symptoms of dry eye disease. The company has a strategic collaboration with Regeneron Pharmaceuticals, Inc. (Regeneron) for the development and commercialization of products using the Company's sustained-release hydrogel in combination with Regeneron's large molecule VEGF-targeting compounds for the treatment of retinal diseases; and AffaMed Therapeutics Limited for the development and commercialization of DEXTENZA and OTX-TIC, as well as a discovery collaboration with Mosaic Biosciences to identify new targets and therapeutic agents for the treatment of dry age-related macular degeneration (dMAD). Ocular Therapeutix, Inc. was incorporated in 2006 and is headquartered in Bedford, Massachusetts.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 51.82M | 63.72M | 58.44M | 51.49M | 43.52M | 17.40M | 4.23M | 1.99M | 1.92M | 1.89M | 1.75M | 772,000 |
| Net Income | (265.94M) | (193.51M) | (80.74M) | (71.04M) | (6.55M) | (155.64M) | (86.37M) | (57.69M) | (63.39M) | (44.70M) | (39.75M) | (28.65M) |
| EPS | -1.42 | -1.22 | -1.09 | -1.04 | -1.05 | -2.56 | -1.91 | -1.57 | -2.20 | -1.80 | -1.71 | -2.69 |
| Free Cash Flow | (216.89M) | (135.97M) | (76.32M) | (63.32M) | (66.74M) | (54.40M) | (79.82M) | (51.12M) | (58.73M) | (35.92M) | N/A | N/A |
| FCF / Share | -1.16 | -0.86 | -0.96 | -0.82 | -0.87 | -0.90 | -1.76 | -1.34 | -2.04 | -1.45 | N/A | N/A |
| Operating CF | (204.88M) | (134.68M) | (70.23M) | (59.60M) | (65.55M) | (53.55M) | (77.58M) | (49.23M) | (50.47M) | (34.00M) | N/A | N/A |
| Total Assets | 808.06M | 457.94M | 252.06M | 149.29M | 204.89M | 261.86M | 78.74M | 73.04M | 55.43M | 74.94M | N/A | N/A |
| Total Debt | 79.78M | 75.78M | 83.39M | 64.28M | 58.98M | 58.44M | 59.34M | 24.79M | 18.02M | 15.64M | N/A | N/A |
| Cash & Equiv | 737.06M | 392.10M | 195.81M | 102.30M | 164.16M | 228.06M | 54.44M | 54.06M | 41.54M | 32.94M | N/A | N/A |
| Book Value | 654.31M | 315.34M | 91.13M | 35.38M | 88.00M | 76.09M | (3.63M) | 35.88M | 26.15M | 52.01M | N/A | N/A |
| Return on Equity | -0.41 | -0.61 | -0.89 | -2.01 | -0.07 | -2.05 | N/A | -1.61 | -2.42 | -0.86 | N/A | N/A |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10.79M | 13.25M | 14.54M | 13.46M | 10.70M | 17.08M | 15.43M | 16.44M | 14.77M | 14.80M | 15.08M | 15.19M |
| Net Income | (88.61M) | (64.65M) | (69.42M) | (67.81M) | (64.05M) | (48.39M) | (36.49M) | (43.78M) | (64.85M) | (29.22M) | (516,000) | (20.68M) |
| EPS | -0.40 | -0.29 | -0.38 | -0.39 | -0.38 | -0.29 | -0.22 | -0.26 | -0.49 | -0.21 | -0.27 | -0.26 |
| Free Cash Flow | (70.66M) | (57.09M) | (56.72M) | (56.48M) | (46.60M) | (39.63M) | (36.65M) | (25.54M) | (34.14M) | (22.91M) | (13.18M) | (22.07M) |
| FCF / Share | -0.32 | -0.26 | -0.31 | -0.33 | -0.28 | -0.24 | -0.22 | -0.15 | -0.26 | -0.22 | -0.17 | -0.28 |
| Operating CF | (65.99M) | (54.25M) | (50.73M) | (55.24M) | (44.67M) | (39.43M) | (36.56M) | (24.80M) | (33.89M) | (22.45M) | (12.92M) | (20.07M) |
| Total Assets | 732.53M | 808.06M | 410.88M | 451.33M | 405.92M | 457.94M | 490.37M | 517.09M | 538.95M | 252.06M | 162.38M | 122.56M |
| Total Debt | 79.46M | 76.97M | 77.01M | 76.94M | 76.22M | 75.78M | 75.12M | 74.89M | 74.41M | 83.39M | 83.02M | 64.77M |
| Cash & Equiv | 666.70M | 737.06M | 344.77M | 391.13M | 349.68M | 392.10M | 427.22M | 459.69M | 482.89M | 195.81M | 110.55M | 66.61M |
| Book Value | 581.57M | 654.31M | 258.23M | 305.92M | 265.93M | 315.34M | 352.02M | 377.69M | 407.98M | 91.13M | 7.85M | 3.09M |
| Return on Equity | -0.15 | -0.10 | -0.27 | -0.22 | -0.24 | -0.15 | -0.10 | -0.12 | -0.16 | -0.32 | -0.07 | -6.70 |