Glaukos Corp income statement
In fiscal 2025, Glaukos Corp reported revenue of $507m, up 32.3% on the year before, operating income of −$200m (a -39.3% margin) and net income of −$188m, or −$3.28 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 21 | 46 | 72 | 114 | 159 | 181 | 237 | 225 | 294 | 283 | 315 | 383 | 507 | 690 |
| Cost of revenue | — | — | — | 16 | 21 | 25 | 39 | 92 | 67 | 69 | 76 | 94 | 112 | 130 |
| Gross profit | 18 | 34 | 59 | 98 | 138 | 156 | 198 | 133 | 227 | 214 | 239 | 289 | 283 | 447 |
| Research and development | 16 | 19 | 25 | 29 | 39 | 50 | 68 | 85 | 101 | 123 | 139 | 136 | 151 | 201 |
| Selling, general and administrative | 17 | 28 | 44 | 65 | 96 | 120 | 177 | 171 | 179 | 193 | 224 | 261 | 332 | 435 |
| Operating income | −14 | −13 | −10 | 4 | −2 | −13 | −50 | −124 | −33 | −82 | −129 | −122 | −200 | −176 |
| Interest expense | — | — | — | — | — | — | 3 | 14 | 13 | 14 | 14 | 10 | 5 | 5 |
| Income before tax | −14 | −14 | −38 | 5 | 0 | −12 | −50 | −132 | −49 | −98 | −134 | −146 | −193 | −175 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 1 | −65 | −12 | 0 | 1 | 1 | 1 | −5 | −5 |
| Net income | −13 | −12 | −37 | 5 | −0 | −13 | 15 | −120 | −50 | −99 | −135 | −146 | −188 | −170 |
| Diluted EPS | −$0.39 | −$0.33 | −$1.06 | $0.12 | $0.00 | −$0.37 | $0.37 | −$2.70 | −$1.07 | −$2.09 | −$2.78 | −$2.77 | −$3.28 | −$2.88 |
| Diluted shares (average) | 33m | 37m | 35m | 36m | 34m | 35m | 41m | 44m | 46m | 47m | 48m | 53m | 57m | 59m |
| EBITDA | −13 | −9 | −6 | 9 | 3 | −7 | −44 | −94 | −3 | −51 | −95 | −87 | −162 | −134 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 105 | 107 | 124 | 134 | 143 | 151 | 186 | 211 |
| Cost of revenue | 29 | 24 | 27 | 29 | 32 | 33 | 34 | 31 |
| Gross profit | 77 | 82 | 97 | 105 | −2 | 117 | 152 | 180 |
| Research and development | 37 | 32 | 37 | 27 | 75 | 44 | 51 | 31 |
| Selling, general and administrative | 69 | 71 | 83 | 83 | 95 | 93 | 116 | 131 |
| Operating income | −29 | −21 | −23 | −16 | −140 | −20 | −17 | 1 |
| Interest expense | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Income before tax | −34 | −18 | −19 | −16 | −140 | −19 | −18 | 2 |
| Income tax | −0 | 0 | 0 | 0 | −6 | 0 | 1 | 0 |
| Net income | −34 | −18 | −20 | −16 | −134 | −20 | −18 | 2 |
| Diluted EPS | −$0.59 | −$0.32 | −$0.34 | −$0.28 | −$2.33 | −$0.34 | −$0.31 | $0.03 |
| EBITDA | −20 | −12 | −14 | −7 | −128 | −8 | −8 | 10 |
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