Ocular Therapeutix, Inc. logo

Ocular Therapeutix, Inc.

OCUL

NASDAQHealthcareBiotechnology

Previous close

$11.08

−$0.01 · -0.09%

Aug 21, 4:00 PM ET

OCUL company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

34

Expensive

Momentum

48

Neutral

Sentiment

68

Bullish

Risk resilience

42

Elevated Risk

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Company profile

Company website

Ocular Therapeutix, Inc. is a biopharmaceutical company specializing in the creation, advancement, and commercialization of ophthalmic treatments. Their innovative approach leverages a proprietary bioresorbable hydrogel technology to address a range of eye diseases and conditions. The company currently offers two key products: ReSure Sealant, an ophthalmic device designed to prevent fluid leakage from corneal incisions after cataract surgery, and DEXTENZA, a dexamethasone-based ophthalmic insert used to manage post-surgical inflammation and pain in the eye, as well as to treat allergic conjunctivitis. In addition to their commercial offerings, Ocular Therapeutix is actively developing several product candidates in various clinical stages, including: OTX-TKI, an axitinib intravitreal implant in Phase 1 clinical trials for wet age-related macular degeneration (AMD) and other retinal diseases. OTX-TIC, a travoprost intracameral implant, currently in Phase 2 studies for open-angle glaucoma and ocular hypertension. OTX-CSI, a cyclosporine intracanalicular insert that has successfully completed Phase 2 clinical trials for dry eye disease. OTX-DED, a dexamethasone intracanalicular insert undergoing Phase 2 evaluation for the temporary relief of dry eye symptoms. Strategic partnerships are also a significant part of Ocular Therapeutix's operations. This includes a collaboration with Regeneron Pharmaceuticals, Inc. focused on developing and commercializing products that combine Ocular Therapeutix's sustained-release hydrogel technology with Regeneron's large molecule VEGF-targeting compounds for retinal disease treatment. Another partnership with AffaMed Therapeutics Limited covers the development and commercialization of DEXTENZA and OTX-TIC. Additionally, a discovery-focused collaboration with Mosaic Biosciences aims to pinpoint novel targets and therapeutic agents for dry age-related macular degeneration (dAMD). Established in 2006, Ocular Therapeutix, Inc. maintains its headquarters in Bedford, Massachusetts.

Industry
Biotechnology
Sector
Healthcare
Headquarters
US
CEO
Pravin U. Dugel
Listed since
Jul 25, 2014
Employees
325

Market position

Day range

Current $11.08

52-week range

Current $11.08

Open
$11.135
Previous close
$11.09
Volume
3.05M
1.09× average
Average volume
2.8M
Average daily volume
Market cap
2.43B USD
Beta
0.94
Market reference 1
50-day average
$9.5094
+16.52% above average
200-day average
$9.9697
+11.14% above average

Financials

Financial snapshot

Latest / TTM

Financial health

Altman Z-score
6.58
Piotroski F-score
2 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends152%-92%-337%-582%Gross margin, FY2021: 89.88%Gross margin, FY2022: 91.18%Gross margin, FY2023: 90.96%Gross margin, FY2024: 91.17%Gross margin, FY2025: 87.31%Operating margin, FY2021: -179.30%Operating margin, FY2022: -152.74%Operating margin, FY2023: -140.96%Operating margin, FY2024: -269.57%Operating margin, FY2025: -521.04%Net margin, FY2021: -15.06%Net margin, FY2022: -137.95%Net margin, FY2023: -138.14%Net margin, FY2024: -303.67%Net margin, FY2025: -513.17%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 89.88%. Gross margin FY2022 91.18%. Gross margin FY2023 90.96%. Gross margin FY2024 91.17%. Gross margin FY2025 87.31%. Operating margin FY2021 -179.30%. Operating margin FY2022 -152.74%. Operating margin FY2023 -140.96%. Operating margin FY2024 -269.57%. Operating margin FY2025 -521.04%. Net margin FY2021 -15.06%. Net margin FY2022 -137.95%. Net margin FY2023 -138.14%. Net margin FY2024 -303.67%. Net margin FY2025 -513.17%.

Income trends

Revenue

51.82M USD-18.67%

Operating income

−270.02M USD-57.19%

Net income

−265.94M USD-37.43%
Income trends across reported periods97.1M USD−36.4M USD−169.9M USD−303.39M USDRevenue, FY2021: 43.52M USDRevenue, FY2022: 51.49M USDRevenue, FY2023: 58.44M USDRevenue, FY2024: 63.72M USDRevenue, FY2025: 51.82M USDOperating income, FY2021: −78.04M USDOperating income, FY2022: −78.65M USDOperating income, FY2023: −82.38M USDOperating income, FY2024: −171.78M USDOperating income, FY2025: −270.02M USDNet income, FY2021: −6.55M USDNet income, FY2022: −71.04M USDNet income, FY2023: −80.74M USDNet income, FY2024: −193.51M USDNet income, FY2025: −265.94M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 43.52M USD. Revenue FY2022 51.49M USD. Revenue FY2023 58.44M USD. Revenue FY2024 63.72M USD. Revenue FY2025 51.82M USD. Operating income FY2021 −78.04M USD. Operating income FY2022 −78.65M USD. Operating income FY2023 −82.38M USD. Operating income FY2024 −171.78M USD. Operating income FY2025 −270.02M USD. Net income FY2021 −6.55M USD. Net income FY2022 −71.04M USD. Net income FY2023 −80.74M USD. Net income FY2024 −193.51M USD. Net income FY2025 −265.94M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue51.82M USD63.72M USD58.44M USD51.49M USD43.52M USD
Cost of goods sold6.57M USD5.63M USD5.28M USD4.54M USD4.41M USD
Gross profit45.25M USD58.1M USD53.16M USD46.95M USD39.12M USD
Research and development197.1M USD127.64M USD61.06M USD53.46M USD50.08M USD
Selling, general, and administrative118.3M USD102.24M USD74.49M USD72.15M USD67.07M USD
Operating expenses315.39M USD229.88M USD135.54M USD125.61M USD117.15M USD
Interest income18.36M USD20.28M USD3.98M USD798K USD33K USD
Interest expense11.84M USD13.58M USD11.34M USD7.02M USD6.67M USD
Depreciation and amortization4.32M USD3.79M USD2.98M USD2.11M USD2.42M USD
Operating income−270.02M USD−171.78M USD−82.38M USD−78.65M USD−78.04M USD
Net income−265.94M USD−193.51M USD−80.74M USD−71.04M USD−6.55M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

19 ratings
Strong buy15%
Buy1684%
Hold211%
Sell00%
Strong sell00%

OCUL peers

ETFs holding OCUL

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