Latest Quarter
Q1 FY2026ended 2026-03-31 · filed 2026-05-12
$2.16M
$-65.53M
$-14.36M
-$0.75
$59.96M
$66.79M
$-45.84M
$1.2M
What this quarter tells us
For Q1 FY2026 ended March 31, 2026, Opus Genetics reported revenue of $2.2 million, down 50.6% year-over-year. Net loss widened to $65.5 million from $8.2 million in the prior year, driven by a $699.8% increase in net loss. Operating loss was $14.4 million, up 44.7% from Q1 FY2025. The company had $60.0 million in cash, negative equity of $45.8 million, and long-term debt of $1.2 million.
- •Revenue fell 50.6% YoY to $2.2 million.
- •Net loss surged 699.8% to $65.5 million.
- •Operating loss increased 44.7% to $14.4 million.
- •Cash stood at $60.0 million with negative equity of $45.8 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.