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Glaukos

GKOS

Glaukos is an ophthalmic pharmaceutical and medical technology company that pioneered Micro-Invasive Glaucoma Surgery (MIGS) to treat chronic eye diseases.

Market cap
$8.89B+65.4%
Revenue$612.8M+41.6%
Net income-$188.0M-103%
Free cash flow-$37.6M+44.9%
EPS (diluted)-$3.26-98.8%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q2 2026

Income statement

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Revenue$185.6M+49.5%
Gross profit$151.6M+55.9%
Operating income-$17.3M+23.9%
Net income-$18.4M+6.5%
EPS (diluted)-$0.31+8.8%

Balance sheet

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Cash & equivalents$114.5M+13.6%
Total debt$105.9M-1.4%
Total equity$682.5M-10.8%
Total assets$920.5M-6.7%

Cash flow

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Operating cash flow$14.8M
CapEx$2.7M+132%

Valuation & ratios

Valuation

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Market cap$8.92B+65.4%
Enterprise value$8.91B+65.5%
P/S14.6×+2.1×

Profitability

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Gross margin61%-15.4pp
Operating margin-31.6%+22.2pp
Net margin-30.7%+23.3pp

Returns & leverage

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Return on equity-26%-11,301pp
Debt / equity0.2×0.0×
Current ratio-0.5×

Segments

By product

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Glaucoma$155.2M+49.9%
Corneal Health$30.4M+47.8%

By segment

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Development And Commercialization Of Ophthalmic Therapies$185.6M+49.5%

By geography

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US$146.7M

Competitors

Profile

Glaukos is an ophthalmic pharmaceutical and medical technology company that pioneered Micro-Invasive Glaucoma Surgery (MIGS) to treat chronic eye diseases. The company develops and commercializes a diverse portfolio of dropless therapies, including micro-scale surgical devices, sustained-release pharmaceutical implants, and bio-activated therapies for glaucoma, corneal disorders, and retinal diseases.

Competitive position

A market leader in the MIGS category that is transitioning into a hybrid pharmaceutical and device company with first-of-its-kind sustained-release implants.

GeographiesUnited States, European Union, Japan, Australia, Canada, Brazil, United Kingdom
Customer segmentsSurgical centers, Hospitals, Specialized medical practices
Business modelProduct manufacturing and sales, Research and development, Direct-to-provider sales
SuppliersThird-party pharmaceutical manufacturers, Specialized component suppliers, Raw material providers for micro-scale devices
CustomersOphthalmic surgeons, Ambulatory Surgery Centers (ASCs), Hospitals, Independent distribution partners
Listed2015
Employees907.0
CEOThomas William Burns
FilingsSEC EDGAR

Questions, answered.

What is Glaukos's market cap?
Glaukos (GKOS) has a market capitalization of $8.9B and trades on NYSE.
What is Glaukos's revenue and profitability?
Glaukos generated $612.8M in trailing twelve-month revenue with a net loss of $188.0M, representing a net margin of -30.7%. Gross margin stands at 61.0%, with free cash flow of -$37.6M. These figures are based on the Q2 2026 filing.
Who are Glaukos's competitors?
Glaukos's key competitors include Regeneron Pharmaceuticals, Inc., Bausch + Lomb, Sight Sciences, and others. These companies compete in similar markets and product categories.
Who does Glaukos partner with?
Glaukos's notable partners include Santen Pharmaceutical Co., Ltd., Attillaps Holdings, Inc., Ripple Therapeutics Corporation.
What subsidiaries does Glaukos have?
Glaukos's subsidiaries include Mobius Therapeutics, LLC.
Where is Glaukos headquartered?
Glaukos is headquartered in United States of America and employs approximately 907 people. It has been publicly traded since 2015.