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

Ocular Therapeutix (OCUL) posted quarterly Research & Development of $54.1 million for Q2 2026, up 5.98% year-over-year from $51.1 million in Q2 2025, and down 18.24% on a QoQ basis from $66.2 million in Q1 2026.

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

Ocular Therapeutix has reported Research & Development for 14 years, with the latest figure at $54.1 million in Q2 2026.

  • Research & Development for Q2 2026 came in at $54.1 million, up 5.98% year-over-year; the trailing twelve-month figure through Jun 2026 was $223.5 million (up 29.96% YoY), and the FY2025 annual result was $197.1 million, up 54.42% from the prior year.
  • Research & Development fell to $54.1 million in Q2 2026, from $66.2 million in the prior quarter.
  • Over five years, Research & Development peaked at $66.2 million in Q1 2026 and troughed at $13.1 million in Q1 2022.
  • A 5-year average of $31.1 million and a median of $24.8 million in 2024 frame the typical range for Research & Development.
  • The widest annual swing landed in 2022, when Research & Development decreased 5.48%; it then jumped 153.1% in 2024.
  • A 5-year view of Research & Development shows it stood at $13.5 million in 2022, then rose by 19.58% to $16.2 million in 2023, then jumped by 153.1% to $41.0 million in 2024, then grew by 23.94% to $50.8 million in 2025, then rose by 6.57% to $54.1 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $54.1 million in Q2 2026, $66.2 million in Q1 2026, and $50.8 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn 993.80 Mn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn 1.63 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn 1.37 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn - 394.92 Mn
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn 612.28 Mn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn 1,146.05
7 Royalty Pharma 33.72 Bn 35.84 Bn - 97.90 Mn
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn 413.13 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn 210.03 Mn
10 Ocular Therapeutix 2.20 Bn 2.20 Bn 11.46 Mn 54.14 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 54.14 Mn
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