What is Opus Genetics's revenue?

Opus Genetics (IRD) reported revenue of $2.16M in Q1 2026.

How has Opus Genetics's revenue changed year-over-year?

Opus Genetics's revenue decreased by 50.6% year-over-year, from $4.37M to $2.16M.

What is the long-term trend for Opus Genetics's revenue?

Over 3 years (2022 to 2025), Opus Genetics's revenue has grown at a -29.1% compound annual growth rate (CAGR), from $39.85M to $14.2M.

Opus Genetics IRD Revenue

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Other financials

Income statement

See full

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

See full

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

See full

Operating margin-359.1%-68.9pp

Net margin-892.4%-12,322pp

Returns & leverage

See full

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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

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Questions, answered.

What is Opus Genetics's revenue?: Opus Genetics (IRD) reported revenue of $2.16M in Q1 2026.
How has Opus Genetics's revenue changed year-over-year?: Opus Genetics's revenue decreased by 50.6% year-over-year, from $4.37M to $2.16M.
What is the long-term trend for Opus Genetics's revenue?: Over 3 years (2022 to 2025), Opus Genetics's revenue has grown at a -29.1% compound annual growth rate (CAGR), from $39.85M to $14.2M.