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Opus Genetics IRD State income taxes – net of federal income tax benefit

State income taxes – net of federal income tax benefit at other companies

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Other financials

Income statement

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Revenue$2.2M-50.6%
Operating income-$14.4M-44.7%
Net income-$65.5M-700%
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$307.14M+442%
Enterprise value$248.38M
P/S25.6×+21.5×

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:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes.

The official record: Opus Genetics’s 10-K, filed March 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Opus Genetics's state income taxes – net of federal income tax benefit?
Opus Genetics (IRD) reported state income taxes – net of federal income tax benefit of -6.8% in Q4 2025.
How has Opus Genetics's state income taxes – net of federal income tax benefit changed year-over-year?
Opus Genetics's state income taxes – net of federal income tax benefit decreased by 238.8% year-over-year, from 4.9% to -6.8%.
What does state income taxes – net of federal income tax benefit mean?
The impact of state and local income taxes on the effective tax rate, adjusted for the federal income tax benefit associated with those state-level payments. It provides a clearer picture of the net tax cost incurred at the sub-national level.