Financials · IRD

Opus Genetics Inc. (IRD) financials

For the twelve months ended Jun 30, 2026, Opus Genetics Inc. reported $9.86M of revenue and -$107.61M of net income.

Revenue, TTM
$9.86M
Revenue growth, YoY
-36.1%
Net income, TTM
-$107.61M
Net margin
-1091.8%
Cash
$88.81M
Total debt
$35.28M
P/S
36.04
Market cap
$355.2M
Annual revenue$14.20M
FY2019FY2025
Annual net income-$49.59M
FY2016FY2025
Annual free cash flow-$6.80M
FY2019FY2020

IRD revenue and earnings growth

IRD revenueQ2 2026$755.0K

Quarter YoY
-73.8%
QoQ
-65.0%
FY YoY
+29.1%

IRD revenue was $755.0K in fiscal Q2 2026 (ended Jun 30, 2026), down 73.8% from a year earlier and down 65.0% from the prior quarter. For the full fiscal 2025 it was $14.20M, up 29.1% from fiscal 2024. It rose in 2 of the last 4 fiscal years.

IRD net incomeQ2 2026-$8.10M

IRD net income was -$8.10M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$7.42M a year earlier. For the full fiscal 2025 it was -$49.59M, compared with -$57.53M in fiscal 2024.

IRD EPSQ2 2026-$0.14

IRD diluted EPS was -$0.14 in fiscal Q2 2026 (ended Jun 30, 2026). For the full fiscal 2025 it was -$0.80.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$14.20M$10.99M$19.05M$39.85M$589.0K$0$3.00M---
Research and development$30.81M$26.85M$17.65M$14.36M$15.17M$6.65M$2.37M$13.11M$10.72M$10.09M
Selling, general and admin$21.98M$18.21M$11.96M$7.27M$8.12M$2.82M$1.82M$7.43M$6.64M$6.32M
Operating income-$38.60M-$62.07M-$10.56M$18.23M-$22.70M-$19.97M-$4.19M-$20.54M-$17.35M-$16.41M
Interest expense$129.0K$0$0$9.0K$2.0K$6.85M$1.41M---
Pre-tax income-$49.59M-$57.53M-$9.97M$18.20M-$56.69M-$24.62M-$6.17M---
Income tax$0$0$12.0K$315.0K$0$0$0---
Net income-$49.59M-$57.53M-$9.99M$17.89M-$56.69M-$24.62M-$6.17M-$14.37M-$25.29M-$9.31M
EPS, basic-$0.80-$2.15-$0.46$0.90-$3.82-$5.28-$2.17-$5.25-$11.04-$5.16
EPS, diluted-$0.80-$2.15-$0.46$0.87-$3.82-$5.28-$2.17-$5.25-$11.04-$5.16
Diluted shares62.2M26.7M21.6M20.6M14.9M4.7M2.8M2.7M2.3M1.8M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$45.09M$30.32M$50.50M$42.63M$24.53M$16.40M$1.54M$451.0K$8.90M$11.58M
Short-term investments$0$2.0K$15.0K$49.0K$219.0K$0----
Receivables$2.00M$3.56M$926.0K$1.30M$0$0----
Current assets$50.04M$36.61M$53.95M$48.99M$26.07M$17.67M$1.76M$15.90M$28.14M$20.92M
Total assets$50.24M$36.86M$53.95M$48.99M$26.08M$17.68M$1.78M$16.04M$28.29M$21.04M
Current liabilities$7.78M$11.29M$4.04M$2.75M$3.85M$3.19M$9.34M$3.15M--
Short-term debt---$0$538.0K$0----
Long-term debt$1.13M$0--------
Total debt$1.13M$0--------
Total liabilities$34.90M$11.29M$4.04M$2.75M$3.85M$31.15M$9.34M$5.48M$11.52M$3.99M
Shareholders' equity$15.35M$6.72M$49.91M$46.24M$22.22M-$13.47M-$7.56M-$1.70M$16.77M$17.06M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow-$35.25M-$25.58M-$1.11M$14.31M-$19.37M-$6.80M-$3.59M-$18.84M-$15.42M-$13.23M
Capital expenditures-----$0$25.0K---
Free cash flow------$6.80M-$3.62M---
Investing cash flow$0$1.21M$0$0-$100.0K$539.0K-$25.0K$11.91M-$9.37M$4.48M
Financing cash flow$50.02M$4.19M$8.98M$3.79M$27.61M$21.12M$4.70M$6.77M$22.11M$10.12M
Stock-based compensation$3.40M$3.36M$3.51M$1.81M$1.91M$1.51M$308.0K$1.23M$1.04M$1.41M
Depreciation and amortization------$41.0K$48.2K$42.4K$32.9K

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY29.1%-42.3%-52.2%6665.7%--100.0%----
Operating margin-271.9%-564.7%-55.5%45.7%-3854.8%--139.8%---
Net margin-349.3%-523.4%-52.4%44.9%-9625.3%--205.6%---
Free cash flow margin-------120.6%---
Return on equity-323.1%-855.6%-20.0%38.7%-255.1%----150.8%-54.6%
Return on assets-98.7%-156.1%-18.5%36.5%-217.4%-139.2%-345.8%-89.6%-89.4%-44.2%
Current ratio6.433.2413.3517.796.765.550.195.04--
Debt to equity0.070.00--------

Source: XBRL data Opus Genetics Inc. files with the SEC, latest filing dated Aug 6, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures and share counts are restated for stock splits the filings show: 1-for-12, first reported May 10, 2019.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

IRD peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
IRD$9.86M-36.1%-$107.61M-1091.8%$355.2M
LLY$86.46B+45.5%$27.58B31.9%$1.33T
JNJ$99.33B+7.8%$16.09B16.2%$665.19B
ABBV$66.01B+10.7%$10.34B15.7%$521.00B
MRK$67.38B+4.9%$2.45B3.6%$370.96B
NVS$54.53B+8.4%$13.98B25.6%$314.81B
AZN$58.74B+8.6%$10.22B17.4%$293.10B
ABT$48.23B+10.0%$4.70B9.7%$199.88B
NVODKK 309.06B+6.4%DKK 102.43B33.1%$186.77B

IRD FAQ

6 questions
  • What is IRD revenue?
    Opus Genetics Inc. (IRD) reported $9.86M of revenue for the twelve months ended Jun 30, 2026. That is down 36.1% from the year before. Revenue for fiscal 2025 was $14.20M.
  • Is IRD profitable?
    No. Opus Genetics Inc. reported a net loss of $107.61M for the twelve months ended Jun 30, 2026.
  • How much cash and debt does IRD have?
    Opus Genetics Inc. reported $88.81M in cash and cash equivalents and $35.28M of debt on its most recent balance sheet in SEC filings.
  • How fast is IRD revenue growing?
    Opus Genetics Inc.'s revenue changed +29.1% in fiscal 2025, to $14.20M.
  • When did IRD last report financial results?
    The latest statements here come from Opus Genetics Inc.'s 10-Q filed on Aug 6, 2026, covering the period ended Jun 30, 2026.
  • Where does this IRD financial data come from?
    Quantisnow builds these statements from the structured XBRL data Opus Genetics Inc. files with the SEC. It is provided for information only and is not investment advice.