Ocular Therapeutix (OCUL) EBITDA (2013 - 2026)
Ocular Therapeutix (OCUL) recorded quarterly EBITDA of -$93.3 million in Q1 2026, down 33.8% quarter-over-quarter from -$69.8 million in Q4 2025, and down 46.03% on a YoY basis from -$173.0 million in Q1 2025.
Ocular Therapeutix (OCUL) EBITDA (2013 - 2026) Analysis & Trends
Ocular Therapeutix's EBITDA history runs 14 years deep, the most recent figure standing at -$93.3 million for Q1 2026.
- In Q1 2026, EBITDA fell 46.03% year-over-year to -$93.3 million; the TTM figure through Mar 2026 stood at -$299.4 million (down 46.73% YoY), while the FY2025 annual figure was -$270.0 million, down 57.19% from the prior year.
- EBITDA was -$93.3 million for Q1 2026 at Ocular Therapeutix, down from -$69.8 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of -$17.8 million in Q1 2022 to a low of -$93.3 million in Q1 2026.
- Historically, EBITDA has averaged -$41.0 million across 5 years, with a median of -$31.6 million in 2024.
- The sharpest annual moves came in 2022 and 2024: EBITDA grew 11.84% in 2022, then slumped 152.25% in 2024.
- A 5-year view of EBITDA shows it stood at -$19.4 million in 2022, then slipped by 3.56% to -$20.0 million in 2023, then plunged by 152.25% to -$50.6 million in 2024, then plunged by 37.93% to -$69.8 million in 2025, then tumbled by 33.8% to -$93.3 million in 2026.
- The last three EBITDA figures came in at -$93.3 million (Q1 2026), -$69.8 million (Q4 2025), and -$68.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | -26.92 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | -13.63 Mn |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -19.70 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -3.82 Mn |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | -14.44 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | -752,618.00 |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 1.14 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | -65.83 Mn |
| 10 | Ocular Therapeutix | 2.12 Bn | 2.12 Bn | 9.46 Mn | -93.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -93.34 Mn |
| Dec 31, 2025 | -69.76 Mn |
| Sep 30, 2025 | -68.70 Mn |
| Jun 30, 2025 | -67.64 Mn |
| Mar 31, 2025 | -63.92 Mn |
| Dec 31, 2024 | -50.58 Mn |
| Sep 30, 2024 | -46.00 Mn |
| Jun 30, 2024 | -43.59 Mn |
| Mar 31, 2024 | -31.62 Mn |
| Dec 31, 2023 | -20.05 Mn |
| Sep 30, 2023 | -19.21 Mn |
| Jun 30, 2023 | -20.57 Mn |
| Mar 31, 2023 | -22.55 Mn |
| Dec 31, 2022 | -19.36 Mn |
| Sep 30, 2022 | -21.54 Mn |
| Jun 30, 2022 | -19.92 Mn |
| Mar 31, 2022 | -17.83 Mn |
| Dec 31, 2021 | -18.05 Mn |
| Sep 30, 2021 | -19.53 Mn |
| Jun 30, 2021 | -20.23 Mn |