Ocular Therapeutix, Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:43:14Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -216.89M | -135.97M | -76.32M | -63.32M | -66.74M | -54.40M |
| EBITDA | -265.69M | -168.00M | -79.40M | -76.55M | -75.62M | -60.07M |
| Working Capital | 731.32M | 399.63M | 197.34M | 98.23M | 164.96M | 219.50M |
| Net Debt | -660.09M | -316.32M | -112.42M | -38.02M | -105.18M | -177.91M |
| Gross Margin | 87.35% | 91.17% | 90.96% | 91.18% | 89.88% | 88.03% |
| Operating Margin | -519.75% | -269.57% | -140.96% | -152.74% | -179.30% | -361.13% |
| Net Margin | -511.90% | -303.67% | -138.14% | -137.95% | -15.06% | -894.31% |
| Return on Equity (ROE) | -40.64% | -61.36% | -88.59% | -200.79% | -7.45% | -204.53% |
| Return on Assets (ROA) | -32.91% | -42.26% | -32.03% | -47.58% | -3.20% | -59.43% |
| Current Ratio | 15.39× | 10.66× | 6.66× | 4.13× | 7.26× | 9.23× |
| Debt-to-Equity | 0.12× | 0.24× | 0.92× | 1.82× | 0.67× | 0.66× |
| Cash Conversion Ratio | 0.77× | 0.70× | 0.87× | 0.84× | 10.00× | 0.34× |
| Accruals Ratio | -0.08× | -0.13× | -0.04× | -0.08× | 0.29× | -0.39× |
| SBC % of Revenue | 83.12% | 51.96% | 30.50% | 32.94% | 34.41% | 43.27% |
| CapEx Coverage | -17.06× | -104.56× | -11.54× | -16.04× | -54.90× | -63.68× |
| Free Cash Flow Per Share | $-1.16 | $-0.86 | $-0.89 | $-0.77 | $-0.81 | $-0.90 |
Valuation Metrics
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 51.95M | 63.72M | 58.44M | 51.49M | 43.52M | 17.40M |
| Cost of Goods and Services Sold | 6.57M | 5.63M | 5.28M | 4.54M | 4.41M | 2.08M |
| Research and Development Expense | 197.10M | 127.64M | 61.05M | 53.46M | 50.08M | 28.69M |
| Operating Income (Loss) | -270.02M | -171.78M | -82.38M | -78.65M | -78.04M | -62.85M |
| Income Tax Expense (Benefit) | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -265.94M | -193.51M | -80.74M | -71.04M | -6.55M | -155.64M |
| Earnings Per Share, Basic | $-1.42 | $-1.22 | $-1.01 | $-0.92 | $-0.09 | $-2.56 |
| Weighted Average Number of Shares Outstanding, Basic | 187.24M | 158.27M | 79.83M | 76.88M | 76.39M | 60.75M |
| Earnings Per Share, Diluted | $-1.42 | $-1.22 | $-1.02 | $-0.97 | $-0.98 | $-2.56 |
| Weighted Average Number of Shares Outstanding, Diluted | 187.24M | 158.27M | 85.60M | 82.64M | 82.16M | 60.75M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 737.06M | 392.10M | 195.81M | 102.30M | 164.16M | 228.06M |
| Assets, Current | 782.13M | 440.99M | 232.24M | 129.63M | 191.30M | 246.16M |
| Assets | 808.06M | 457.94M | 252.06M | 149.29M | 204.89M | 261.86M |
| Liabilities, Current | 50.81M | 41.35M | 34.90M | 31.39M | 26.34M | 26.66M |
| Liabilities | 153.75M | 142.59M | 160.93M | 113.91M | 116.89M | 185.77M |
| Stockholders' Equity Attributable to Parent | 654.31M | 315.34M | 91.13M | 35.38M | 88.00M | 76.09M |
| Common Stock, Shares, Outstanding | 215.93M | 157.75M | 114.96M | 77.20M | 76.73M | 76.00M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -204.88M | -134.68M | -70.23M | -59.60M | -65.55M | -53.55M |
| Payments to Acquire Property, Plant, and Equipment | 12.01M | 1.29M | 6.09M | 3.71M | 1.19M | 841.00K |
| Net Cash Provided by (Used in) Investing Activities | -11.88M | -1.29M | -6.09M | -3.71M | -1.19M | -841.00K |
| Net Cash Provided by (Used in) Financing Activities | 561.72M | 332.11M | 169.83M | 1.45M | 2.85M | 228.01M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -70.66M | -57.09M | -159.81M | -103.09M | -46.60M | -39.63M |
| EBITDA | -92.06M | -68.51M | — | — | -62.94M | -49.63M |
| Working Capital | 658.31M | 731.32M | 337.69M | 390.44M | 349.77M | 399.63M |
| Net Debt | -587.24M | -660.09M | -267.76M | -314.19M | -273.46M | -316.32M |
| Gross Margin | 87.68% | 87.97% | 87.80% | 85.56% | 88.20% | 92.80% |
| Operating Margin | -865.46% | -526.49% | -472.35% | -502.57% | -597.47% | -296.08% |
| Net Margin | -821.62% | -487.95% | -477.30% | -503.86% | -598.74% | -283.27% |
| Return on Equity (ROE) | -15.24% | -9.88% | -26.88% | -22.17% | -24.09% | -15.34% |
| Return on Assets (ROA) | -12.10% | -8.00% | -16.89% | -15.03% | -15.78% | -10.57% |
| Current Ratio | 14.81× | 15.39× | 7.85× | 10.09× | 10.22× | 10.66× |
| Debt-to-Equity | 0.14× | 0.12× | 0.30× | 0.25× | 0.29× | 0.24× |
| Cash Conversion Ratio | 0.74× | 0.84× | 2.17× | 1.47× | 0.70× | 0.81× |
| Accruals Ratio | -0.03× | -0.01× | 0.20× | 0.07× | -0.05× | -0.02× |
| SBC % of Revenue | 144.48% | 85.73% | 218.82% | 149.60% | 97.74% | 42.13% |
| CapEx Coverage | -14.16× | -19.11× | -16.43× | -31.44× | -23.11× | -195.19× |
| Free Cash Flow Per Share | $-0.32 | $-0.30 | $-0.87 | $-0.60 | $-0.28 | $-0.25 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 10.79M | 13.25M | 14.54M | 13.46M | 10.70M | 17.08M |
| Cost of Goods and Services Sold | 1.33M | 1.59M | 1.77M | 1.94M | 1.26M | 1.23M |
| Research and Development Expense | 66.21M | 50.80M | 52.36M | 51.08M | 42.86M | 40.99M |
| Operating Income (Loss) | -93.34M | -69.76M | -68.70M | -67.64M | -63.92M | -50.58M |
| Net Income (Loss) Attributable to Parent | -88.61M | -64.65M | -69.42M | -67.81M | -64.05M | -48.39M |
| Earnings Per Share, Basic | $-0.40 | $-0.27 | $-0.38 | $-0.39 | $-0.38 | $-0.28 |
| Weighted Average Number of Shares Outstanding, Basic | 224.10M | 187.24M | 183.92M | 172.59M | 169.40M | 158.27M |
| Earnings Per Share, Diluted | $-0.40 | $-0.27 | $-0.38 | $-0.39 | $-0.38 | $-0.28 |
| Weighted Average Number of Shares Outstanding, Diluted | 224.10M | 187.24M | 183.92M | 172.59M | 169.40M | 158.27M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 666.70M | 737.06M | 344.77M | 391.13M | 349.68M | 392.10M |
| Assets, Current | 706.00M | 782.13M | 386.98M | 433.38M | 387.69M | 440.99M |
| Assets | 732.53M | 808.06M | 410.88M | 451.33M | 405.92M | 457.94M |
| Liabilities, Current | 47.68M | 50.81M | 49.29M | 42.93M | 37.93M | 41.35M |
| Liabilities | 150.96M | 153.75M | 152.65M | 145.42M | 139.99M | 142.59M |
| Stockholders' Equity Attributable to Parent | 581.57M | 654.31M | 258.23M | 305.92M | 265.93M | 315.34M |
| Common Stock, Shares, Outstanding | 218.90M | 215.93M | 174.95M | 172.93M | 159.26M | 157.75M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -65.99M | -54.25M | -150.63M | -99.91M | -44.67M | -39.43M |
| Payments to Acquire Property, Plant, and Equipment | 4.66M | 2.84M | 9.17M | 3.18M | 1.93M | 202.00K |
| Net Cash Provided by (Used in) Investing Activities | -4.66M | -2.84M | -9.04M | -3.05M | -1.93M | -202.00K |
| Net Cash Provided by (Used in) Financing Activities | 294.00K | 449.38M | 112.34M | 101.99M | 4.18M | 4.51M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (OCUL CIK 0001393434),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.