Ocugen (OCGN) Net Income (2014 - 2026)

Ocugen (OCGN) posted Net Income of -$35.9 million for Q1 2026, down 98.84% on a QoQ basis from -$18.0 million in Q4 2025, and down 131.98% year-over-year from $112.1 million in Q1 2025.

Ocugen (OCGN) Net Income (2014 - 2026) Analysis & Trends

Ocugen's Net Income history runs 13 years deep, the most recent figure standing at -$35.9 million for Q1 2026.

  • Quarterly Net Income fell 131.98% year-over-year to -$35.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$92.8 million (down 46.4% YoY) and the FY2025 annual result came in at -$198.0 million, down 14.43% from the prior year.
  • Net Income was -$35.9 million for Q1 2026 at Ocugen, down from -$18.0 million in the prior quarter.
  • Across five years, Net Income topped out at -$13.0 million in Q3 2024 and bottomed at -$123.9 million in Q4 2023.
  • A 5-year average of -$27.7 million and a median of -$21.0 million in 2024 frame the typical range for Net Income.
  • Annual changes were most pronounced in 2023 — Net Income sank 464.92% — and 2024, when it jumped 88.75%.
  • Ocugen's Net Income stood at -$21.9 million in 2022, then sank by 464.92% to -$123.9 million in 2023, then soared by 88.75% to -$13.9 million in 2024, then retreated by 29.36% to -$18.0 million in 2025, then plunged by 98.84% to -$35.9 million in 2026.
  • Business Quant data shows OCGN's Net Income at -$35.9 million in Q1 2026, -$18.0 million in Q4 2025, and -$18.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -37.09 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 227.36 Mn
4 NuCana 279.75 Bn 279.75 Bn - -3.31 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 1.03 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 727.20 Mn
7 Belite Bio 62.51 Bn 62.51 Bn - -26.94 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 362.00 Mn
9 Revolution Medicines 37.78 Bn 37.78 Bn - -453.82 Mn
10 Ocugen 63.79 Mn 63.79 Mn - -35.86 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -35.86 Mn
Dec 31, 2025 -18.03 Mn
Sep 30, 2025 -18.73 Mn
Jun 30, 2025 -20.14 Mn
Mar 31, 2025 -15.46 Mn
Dec 31, 2024 -13.94 Mn
Sep 30, 2024 -12.98 Mn
Jun 30, 2024 -20.99 Mn
Mar 31, 2024 -18.41 Mn
Dec 31, 2023 -123.94 Mn
Sep 30, 2023 -16.87 Mn
Jun 30, 2023 -28.17 Mn
Mar 31, 2023 -22.85 Mn
Dec 31, 2022 -21.94 Mn
Sep 30, 2022 -21.92 Mn
Jun 30, 2022 -27.15 Mn
Mar 31, 2022 -33.50 Mn
Dec 31, 2021 -14.58 Mn
Sep 30, 2021 -10.76 Mn
Jun 30, 2021 -85.16 Mn