Ocular Therapeutix (OCUL) Operating Expenses (2013 - 2026)
Ocular Therapeutix's (OCUL) quarterly Operating Expenses came in at $104.1 million in Q1 2026, up 39.55% year-on-year from $74.6 million in Q1 2025, and up 25.44% quarter-over-quarter from $83.0 million in Q4 2025.
Ocular Therapeutix (OCUL) Operating Expenses (2013 - 2026) Analysis & Trends
Ocular Therapeutix's Operating Expenses history runs 14 years deep, the most recent figure standing at $104.1 million for Q1 2026.
- On a quarterly basis, Operating Expenses rose 39.55% year-over-year to $104.1 million in Q1 2026; TTM through Mar 2026 was $351.5 million, a 33.27% increase from a year earlier, with the FY2025 full-year figure at $322.0 million, up 36.71% from the prior year.
- Operating Expenses advanced to $104.1 million in Q1 2026 per OCUL's latest filing, from $83.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $104.1 million in Q1 2026 and bottomed at $31.0 million in Q1 2022.
- The 5-year median for Operating Expenses is $46.4 million (2024), against an average of $54.9 million.
- Across the five-year window, Operating Expenses advanced 0.73% in 2022 and soared 94.14% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $33.4 million in 2022, then gained by 4.23% to $34.9 million in 2023, then soared by 94.14% to $67.7 million in 2024, then rose by 22.69% to $83.0 million in 2025, then climbed by 25.44% to $104.1 million in 2026.
- Per Business Quant, the three latest OCUL Operating Expenses figures stand at $104.1 million (Q1 2026), $83.0 million (Q4 2025), and $83.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -28.01 Mn |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 15.76 Mn |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 1.10 Bn |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 1.85 Bn |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 2.96 Bn |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | 32.68 Mn |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -919.00 Mn |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | 445.22 Mn |
| 10 | Ocular Therapeutix | 1.91 Bn | 1.91 Bn | 9.46 Mn | 104.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 104.13 Mn |
| Dec 31, 2025 | 83.01 Mn |
| Sep 30, 2025 | 83.24 Mn |
| Jun 30, 2025 | 81.10 Mn |
| Mar 31, 2025 | 74.62 Mn |
| Dec 31, 2024 | 67.66 Mn |
| Sep 30, 2024 | 61.42 Mn |
| Jun 30, 2024 | 60.03 Mn |
| Mar 31, 2024 | 46.39 Mn |
| Dec 31, 2023 | 34.85 Mn |
| Sep 30, 2023 | 34.30 Mn |
| Jun 30, 2023 | 35.76 Mn |
| Mar 31, 2023 | 35.92 Mn |
| Dec 31, 2022 | 33.44 Mn |
| Sep 30, 2022 | 33.51 Mn |
| Jun 30, 2022 | 32.18 Mn |
| Mar 31, 2022 | 31.02 Mn |
| Dec 31, 2021 | 30.36 Mn |
| Sep 30, 2021 | 31.68 Mn |
| Jun 30, 2021 | 31.95 Mn |