Ocular Therapeutix (OCUL) Research & Development (2013 - 2026)

Ocular Therapeutix's (OCUL) quarterly Research & Development came in at $66.2 million in Q1 2026, up 368.0% year-on-year from $14.1 million in Q1 2025, and down 57.59% quarter-over-quarter from $156.1 million in Q4 2025.

Ocular Therapeutix (OCUL) Research & Development (2013 - 2026) Analysis & Trends

Ocular Therapeutix's Research & Development history runs 14 years deep, the most recent figure standing at $66.2 million for Q1 2026.

  • On a quarterly basis, Research & Development rose 368.0% year-over-year to $66.2 million in Q1 2026; TTM through Mar 2026 was $286.5 million, a 61.92% increase from a year earlier, with the FY2025 full-year figure at $197.1 million, up 54.42% from the prior year.
  • Research & Development fell to $66.2 million in Q1 2026 per OCUL's latest filing, from $156.1 million in the prior quarter.
  • Across five years, Research & Development topped out at $156.1 million in Q4 2025 and bottomed at $3000.0 in Q4 2022.
  • The 5-year median for Research & Development is $14.7 million (2023), against an average of $32.9 million.
  • Across the five-year window, Research & Development sank 99.97% in 2022 and soared 308066.67% in 2023, its largest moves.
  • Year by year, Research & Development stood at $3000.0 in 2022, then surged by 308066.67% to $9.2 million in 2023, then surged by 947.97% to $96.9 million in 2024, then soared by 61.15% to $156.1 million in 2025, then sank by 57.59% to $66.2 million in 2026.
  • Per Business Quant, the three latest OCUL Research & Development figures stand at $66.2 million (Q1 2026), $156.1 million (Q4 2025), and $13.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -17.94 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 541.22 Mn
4 NuCana 279.75 Bn 279.75 Bn - -2.31 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 961.60 Mn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 1.54 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - 15.66 Mn
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 1.37 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - 343.97 Mn
10 Ocular Therapeutix 1.93 Bn 1.93 Bn 9.46 Mn 66.21 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 66.21 Mn
Dec 31, 2025 156.13 Mn
Sep 30, 2025 13.09 Mn
Jun 30, 2025 51.08 Mn
Mar 31, 2025 14.15 Mn
Dec 31, 2024 96.89 Mn
Sep 30, 2024 37.05 Mn
Jun 30, 2024 28.86 Mn
Mar 31, 2024 10.18 Mn
Dec 31, 2023 9.25 Mn
Sep 30, 2023 15.02 Mn
Jun 30, 2023 15.09 Mn
Mar 31, 2023 14.75 Mn
Dec 31, 2022 3,000.00
Sep 30, 2022 10.19 Mn
Jun 30, 2022 13.10 Mn
Mar 31, 2022 9.06 Mn
Dec 31, 2021 9.14 Mn
Sep 30, 2021 12.72 Mn
Jun 30, 2021 13.86 Mn