Opus Genetics, Inc. income statement
In fiscal 2025, Opus Genetics, Inc. reported revenue of $14.2m, up 29.1% on the year before, operating income of −$38.6m (a -271.9% margin) and net income of −$49.6m, or −$0.80 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 | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 1 | 40 | 19 | 11 | 14 | 10 |
| Cost of revenue | 0 | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | −0 | — | — | — | — | — | — | — | — | — | — | — | — |
| Research and development | 3 | 4 | 12 | 3 | 3 | 5 | 7 | 15 | 14 | 18 | 27 | 31 | 39 |
| General and administrative | 3 | 6 | 4 | 3 | 5 | 2 | 3 | 8 | 7 | 12 | 18 | 22 | 22 |
| Operating income | −6 | −10 | −16 | −7 | −8 | −4 | −20 | −23 | 18 | −11 | −62 | −39 | −51 |
| Interest expense | — | — | — | — | — | 1 | 7 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | — | — | — | — | — | −6 | −25 | −57 | 18 | −10 | −58 | −50 | −108 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −3 | −14 | −11 | −6 | −9 | −6 | −25 | −57 | 18 | −10 | −58 | −50 | −108 |
| Diluted EPS | −$0.05 | −$0.18 | −$1.20 | −$0.60 | −$0.70 | −$2.17 | −$5.28 | −$3.82 | $0.87 | −$0.46 | −$2.15 | −$0.80 | −$1.23 |
| Diluted shares (average) | — | — | — | — | 1m | 3m | 5m | 15m | 21m | 22m | 27m | 62m | 87m |
| EBITDA | −6 | −10 | −16 | −7 | −8 | −4 | −20 | −23 | 18 | −11 | −62 | −39 | −51 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4 | 4 | 4 | 3 | 3 | 4 | 2 | 1 |
| Research and development | 9 | 7 | 8 | 6 | 6 | 10 | 11 | 11 |
| General and administrative | 3 | 7 | 6 | 6 | 5 | 5 | 6 | 6 |
| Operating income | −8 | −38 | −10 | −9 | −8 | −11 | −14 | −16 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | −8 | −35 | −8 | −7 | −17 | −17 | −66 | −8 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −8 | −35 | −8 | −7 | −17 | −17 | −66 | −8 |
| Diluted EPS | −$0.29 | −$1.27 | −$0.24 | −$0.12 | −$0.25 | −$0.21 | −$0.75 | −$0.14 |
| EBITDA | −8 | −38 | −10 | −9 | −8 | −11 | −14 | −16 |
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