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Other financials

Income statement

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Revenue$2.2M-50.6%
Operating income-$14.4M-44.7%
EPS (diluted)-$0.75-213%

Balance sheet

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Cash & equivalents$60.0M+43.5%
Total debt$1.2M
Total equity-$45.8M-1,004%
Total assets$66.8M+38.7%

Cash flow

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Operating cash flow-$12.7M-41.5%

Valuation

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Market cap$304.5M+381%
Enterprise value$245.74M+672%
P/S25.4×+21.3×

Profitability

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Operating margin-359.1%-68.9pp
Net margin-892.4%-12,322pp

Returns & leverage

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Return on equity-449.4%-2,573pp
Debt / equity0.1×
Current ratio7.1×+5.2×

Where this comes from

Reported directly by Opus Genetics in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Opus Genetics’s 10-Q, filed May 12, 2026.

Filed
May 12, 2026, 4:03 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-034084
Line itemFor the Three Months Ended March 31, 2026For the Three Months Ended March 31, 2025
Other income, net844302
Loss before income taxes(65,535)(8,194)
Benefit (provision) for income taxes
Net loss(65,535)(8,194)
Other comprehensive loss, net of tax
Comprehensive loss$(65,535)$(8,194)
Net loss per share:
Basic and diluted$(0.75)$(0.24)

Item 1. Financial Statements

FAQ

What is Opus Genetics's net income?
Opus Genetics (IRD) reported net income of -$65.54M in Q1 2026.
How has Opus Genetics's net income changed year-over-year?
Opus Genetics's net income decreased by 699.8% year-over-year, from -$8.19M to -$65.54M.
What is the long-term trend for Opus Genetics's net income?
Over 4 years (2021 to 2025), Opus Genetics's net income has grown at a -3.3% compound annual growth rate (CAGR), from -$56.69M to -$49.59M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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