Ocular Therapeutix Q2 net loss widens to $78.8 million; revenue flat at $13.5 million
Ocular Therapeutix reported second quarter 2026 results with a net loss of $78.8 million, up from $67.8 million a year earlier, while total net revenue was flat at $13.5 million. The company said its AXPAXLI NDA submission for wet AMD remains on track for Q4 2026 and that its cash balance of $598.6 million supports operations into 2028, though higher spending lifts the loss.
Key points
- Net loss of $78.8 million, or $0.35 per share, versus a net loss of $67.8 million, or $0.39 per share, in Q2 2025
- Total net revenue of $13.5 million, flat year over year
- R&D expenses rose to $54.1 million from $51.1 million, and G&A rose to $22.2 million from $14.3 million
- Cash and cash equivalents of $598.6 million as of June 30, 2026, with runway expected into 2028
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 03, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.