Financials · MGTX

MeiraGTx Holdings plc (MGTX) financials

For the twelve months ended Jun 30, 2026, MeiraGTx Holdings plc reported $397.50M of revenue and $78.98M of net income.

Revenue, TTM
$397.50M
Revenue growth, YoY
+948.3%
Net income, TTM
$78.98M
Net margin
19.9%
Free cash flow, TTM
$10.47M
EPS, diluted, TTM
$0.71
Cash
$143.17M
P/E
11.70
P/S
2.32
Market cap
$923.9M
Annual revenue$81.39M
FY2019FY2025
Annual net income-$114.20M
FY2017FY2025
Annual free cash flow-$50.19M
FY2017FY2025

MGTX revenue and earnings growth

MGTX revenueQ2 2026$321.43M

Quarter YoY
87x
QoQ
1097x
FY YoY
+144.6%
5Y CAGR
+39.2%

MGTX revenue was $321.43M in fiscal Q2 2026 (ended Jun 30, 2026), up about 87-fold from a year earlier and up about 1097-fold from the prior quarter. For the full fiscal 2025 it was $81.39M, up 144.6% from fiscal 2024. Compound annual growth was +39.2% over 5 years. It rose in 4 of the last 6 fiscal years. Fiscal 2025 is the highest of the 7 fiscal years on file.

MGTX net incomeQ2 2026$160.72M

MGTX net income was $160.72M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$38.80M a year earlier. For the full fiscal 2025 it was -$114.20M, compared with -$147.79M in fiscal 2024.

MGTX EPSQ2 2026$1.71

MGTX diluted EPS was $1.71 in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$0.48 a year earlier. For the full fiscal 2025 it was -$1.42, compared with -$2.12 in fiscal 2024.

MGTX free cash flowQ2 2026-$38.87M

MGTX free cash flow was -$38.87M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$45.18M a year earlier. For the full fiscal 2025 it was -$50.19M, compared with -$109.45M in fiscal 2024.

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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
Revenue$81.39M$33.28M$14.02M$15.92M$37.70M$15.56M$13.29M--
Research and development$129.62M$119.48M$103.78M$85.72M$66.69M$33.91M$24.88M$33.62M$22.36M
Selling, general and admin$52.90M$54.22M$47.29M$46.55M$43.77M$44.21M$46.68M$44.48M$9.33M
Operating income-$105.97M-$164.21M-$137.06M-$116.36M-$72.76M-$62.55M-$58.27M-$78.10M-$31.68M
Interest expense$12.20M$13.27M$13.24M$4.95M$288.0K$139.0K$48.6K$33.4K$42.9K
Pre-tax income-$114.20M-$147.79M-$84.03M-$129.62M-$79.56M-$57.99M-$54.75M-$83.34M-$31.04M
Income tax$0$0$0-$0$0$0-$474.4K$0
Net income-$114.20M-$147.79M-$84.03M-$129.62M-$79.56M-$57.99M-$54.75M-$82.87M-$31.04M
EPS, basic-$1.42-$2.12-$1.49-$2.87-$1.80-$1.54-$1.65-$4.47-$3.72
EPS, diluted-$1.42-$2.12-$1.49-$2.87-$1.80-$1.54-$1.65-$4.47-$3.72
Diluted shares80.4M69.8M56.5M45.2M44.1M37.7M33.2M18.9M8.6M

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
Cash and equivalents$65.93M$105.67M$130.65M$115.52M$137.70M$209.52M$227.36M$68.20M$8.67M
Receivables$3.00M$707.0K$10.14M$21.33M-----
Inventory-$385.0K-------
Current assets$91.76M$123.52M$159.62M$154.34M$183.24M$272.58M$268.98M$74.65M$11.48M
Total assets$244.43M$269.75M$326.74M$318.24M$320.16M$363.70M$323.89M$96.89M$25.85M
Current liabilities$122.56M$60.78M$67.08M$82.07M$68.13M$54.15M$49.20M$15.50M$21.40M
Total liabilities$250.22M$201.92M$188.57M$200.50M$134.76M$125.14M$133.09M$15.84M$21.88M
Shareholders' equity-$5.79M$67.83M$138.18M$117.74M$185.40M$238.56M$190.80M$81.06M-$47.37M

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
Operating cash flow-$46.36M-$104.50M-$105.36M-$73.10M-$10.53M-$63.97M$20.04M-$58.89M-$18.06M
Capital expenditures$3.83M$4.96M$20.17M$44.96M$46.35M$20.92M$8.98M$11.26M$10.54M
Free cash flow-$50.19M-$109.45M-$125.54M-$118.06M-$56.88M-$84.89M$11.06M-$70.15M-$28.59M
Investing cash flow-$4.11M$23.48M$34.03M-$44.96M-$61.72M-$37.02M-$9.37M-$11.26M-$10.54M
Financing cash flow$12.27M$54.53M$84.02M$95.20M$1.71M$82.73M$148.23M$130.04M$19.34M
Stock-based compensation$22.11M$25.19M$27.72M$28.62M$20.78M$18.42M$15.93M$17.88M$2.96M
Depreciation and amortization$12.54M$12.83M$13.73M$8.72M$7.87M$4.17M$2.24M--

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
Revenue growth, YoY144.6%137.4%-12.0%-57.8%142.2%17.1%---
Operating margin-130.2%-493.4%-977.8%-730.9%-193.0%-401.9%-438.4%--
Net margin-140.3%-444.1%-599.5%-814.2%-211.0%-372.6%-411.9%--
Free cash flow margin-61.7%-328.9%-895.6%-741.6%-150.9%-545.5%83.2%--
Return on equity--217.9%-60.8%-110.1%-42.9%-24.3%-28.7%-102.2%-
Return on assets-46.7%-54.8%-25.7%-40.7%-24.9%-15.9%-16.9%-85.5%-120.1%
Current ratio0.752.032.381.882.695.035.474.820.54

Source: XBRL data MeiraGTx Holdings plc files with the SEC, latest filing dated Aug 13, 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 are as filed. The filings show no stock split in these periods.

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.

MGTX peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
MGTX$397.50M+948.3%$78.98M19.9%$923.9M
AMGN$38.90B+8.2%$9.39B24.1%$251.65B
GILD$30.99B+6.5%-$3.86B-12.5%$211.94B
MRNA$2.52B+13.1%-$2.79B-110.5%$101.49B
ARGX$4.25B+88.6%$1.29B30.4%$60.30B
RVMD$0--$1.13B-$41.76B
BIIB$10.30B+2.3%$347.50M3.4%$37.44B
BNTX€2.87B+4.3%-€1.14B-39.6%$21.91B
EXEL$2.50B+9.1%$885.14M35.5%$17.22B

MGTX FAQ

8 questions
  • What is MGTX revenue?
    MeiraGTx Holdings plc (MGTX) reported $397.50M of revenue for the twelve months ended Jun 30, 2026. That is up 948.3% from the year before. Revenue for fiscal 2025 was $81.39M.
  • Is MGTX profitable?
    Yes. MeiraGTx Holdings plc earned $78.98M in net income for the twelve months ended Jun 30, 2026, a net margin of 19.9%.
  • How much cash and debt does MGTX have?
    MeiraGTx Holdings plc reported $143.17M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is MGTX revenue growing?
    MeiraGTx Holdings plc's revenue changed +144.6% in fiscal 2025, to $81.39M. Its compound annual growth rate was +39.2% over 5 years.
  • What is MGTX free cash flow?
    MeiraGTx Holdings plc generated $10.47M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of $13.69M less capital expenditures.
  • What is MGTX earnings per share?
    Diluted earnings per share were $0.71 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did MGTX last report financial results?
    The latest statements here come from MeiraGTx Holdings plc's 10-Q filed on Aug 13, 2026, covering the period ended Jun 30, 2026.
  • Where does this MGTX financial data come from?
    Quantisnow builds these statements from the structured XBRL data MeiraGTx Holdings plc files with the SEC. It is provided for information only and is not investment advice.