Ocular Therapeutix, Inc.

Ocular Therapeutix, Inc.

OCULยทNASDAQ

$8.86

+6.0%
HealthcareBiotechnology

Ocular Therapeutix, Inc., a biopharmaceutical company, focuses on the formulation, development, and commercialization of therapies for diseases and conditions of the eye using its bioresorbable hydrogel-based formulation technology. The company markets ReSure Sealant, an ophthalmic device to prevent wound leaks in corneal incisions following cataract surgery; and DEXTENZA, a dexamethasone ophthalmic insert to treat post-surgical ocular inflammation and pain following ophthalmic surgery, as well as allergic conjunctivitis. It is also developing OTX-TKI, an axitinib intravitreal implant that is in phase 1 clinical trials for the treatment of wet age-related macular degeneration and other retinal diseases; OTX-TIC, a travoprost intracameral implant, which is in phase 2 clinical trials for the treatment of open-angle glaucoma or ocular hypertension; OTX-CSI, a cyclosporine intracanalicular insert that has completed phase 2 clinical trials for the treatment of dry eye disease; and OTX-DED, a dexamethasone intracanalicular insert, which is in phase 2 clinical trials for the short-term treatment of the signs and symptoms of dry eye disease. The company has a strategic collaboration with Regeneron Pharmaceuticals, Inc. (Regeneron) for the development and commercialization of products using the Company's sustained-release hydrogel in combination with Regeneron's large molecule VEGF-targeting compounds for the treatment of retinal diseases; and AffaMed Therapeutics Limited for the development and commercialization of DEXTENZA and OTX-TIC, as well as a discovery collaboration with Mosaic Biosciences to identify new targets and therapeutic agents for the treatment of dry age-related macular degeneration (dMAD). Ocular Therapeutix, Inc. was incorporated in 2006 and is headquartered in Bedford, Massachusetts.

At a Glance

Live Snapshot
Market Cap$1.94B
EPS-1.4200
P/E Ratio-6.24
Earnings Date08/04/2026
3Y+244.0%
5Y+283.0%
10Y+503.0%
3Y+220.0%
5Y+1313.0%
10Y-133.0%
3Y+38533.0%
5Y+146.0%
10Y+95921.0%
OCUL

Ocular Therapeutix, Inc. Cash Conversion Engine

OCUL ยท NASDAQ
Net Income-265.94M
Depreciation & Amortization4.32M
Stock-Based Compensation43.18M
Change in Working Capital7.71M
Others5.84M
Capital Expenditures-12.01M
Free Cash Flow-216.89M

Cash Flow Quality Analysis

FCF Conversion Rate

81.6%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

-5.9%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-59.5%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$7.71M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Ocular Therapeutix, Inc. Cash Flow Statement

OCUL โ€ข NASDAQ

Ocular Therapeutix, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012
OPERATING ACTIVITIES
-265.9M
-193.5M
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-71M
-6.6M
-155.6M
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4.3M
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3M
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1.6M
881K
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404K
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43.2M
33.1M
17.8M
17M
15M
7.5M
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6M
4.6M
2.6M
476K
243K
5.8M
32.2M
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4.4M
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397K
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166K
2.5M
46K
86K
7.7M
-10.2M
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1.3M
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1.2M
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585K
3.6M
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503K
2.2M
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-77.6M
-49.2M
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-34M
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-12.6M
INVESTING ACTIVITIES
-12M
-1.3M
-6.1M
-3.7M
-1.2M
-841K
-2.2M
-1.9M
-8.3M
-1.9M
-1.8M
-1.3M
-387K
-203K
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-3M
-41.7M
-91.7M
-37.3M
(0.0)
(0.0)
0.0
0.0
0.0
0.0
0.0
0.0
0.0
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38.2M
80.7M
54.8M
0.0
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4M
130K
0.0
0.0
0.0
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0.0
114K
-1.5M
60K
-37.3M
0.0
4M
-11.9M
-1.3M
-6.1M
-3.7M
-1.2M
-841K
-2.2M
-1.9M
(27.1M)
(35.6M)
-38.6M
-38.6M
-387K
(3.8M)
FINANCING ACTIVITIES
561.7M
316.4M
118.1M
940K
985K
224.7M
37.5M
61.6M
29.2M
627K
65.6M
69.5M
0.0
0.0
0.0
316.4M
56.3M
0.0
-445K
0.0
37.3M
6.4M
2.4M
0.0
397K
12.6M
-1.8M
3.5M
0.0
-300.6M
-4.6M
514K
2.3M
3.3M
529K
694K
370K
-42K
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-3.2M
7K
3K
561.7M
332.1M
169.8M
1.5M
2.9M
228M
75.3M
68.6M
32M
585K
65.7M
79M
6.7M
27.3M
CASH FLOW SUMMARY
0.0
0.0
0.0
0.0
0.0
1K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
345M
196.1M
93.5M
-61.9M
-63.9M
173.6M
-4.5M
17.5M
8.6M
2.2M
-6.6M
19.9M
-6.3M
18.5M
393.7M
197.6M
104.1M
165.9M
229.8M
56.2M
60.7M
43.2M
32.9M
30.8M
37.4M
17.5M
23.9M
5.3M
738.7M
393.7M
197.6M
104.1M
165.9M
229.8M
56.2M
60.7M
41.5M
32.9M
30.8M
37.4M
17.5M
23.9M
-216.9M
-136M
-76.3M
-63.3M
-66.7M
-54.4M
-79.8M
-51.1M
-58.7M
-35.9M
-35.5M
-21.8M
-13M
-12.8M

SEC Filings

OCUL - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 05, 2026
May 05, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 05, 2026
March 31, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 30, 2026
June 11, 2026
2026
8-K

8-K 2026

N/A

February 27, 2026
February 27, 2026
2026
10-K

10-K 2025 FY

FY

February 05, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 05, 2026
February 05, 2026
2026
8-K

8-K 2026

N/A

January 23, 2026
January 20, 2026
2026
8-K

8-K 2025

N/A

December 18, 2025
December 18, 2025
2025
8-K

8-K 2025

N/A

December 05, 2025
December 05, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 04, 2025
September 30, 2025
2025
Showing 1 to 10 of 223 filings