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Companies / Health Care / Ocular Therapeutix, Inc.
OCUL

Ocular Therapeutix, Inc.

Health CarePharmaceutical Preparations
Ticker OCULBEDFORD, MAFiscal year ends DecemberBook value per share $2.32Diluted shares 224.5M

Ocular Therapeutix, Inc. (Nasdaq: OCUL) is an integrated biopharmaceutical company developing and commercializing ophthalmic therapies using its ELUTYX bioresorbable hydrogel technology. Its commercial product, DEXTENZA, is a corticosteroid insert approved in the United States to treat ocular inflammation and pain… From the company’s description.

Over the twelve months to Jun 30, 2026, Ocular Therapeutix, Inc. reported revenue of $52.05M, down 8.1% from a year earlier, and a net loss of $301.45M. Its operating margin was −603.0%, and operations used $238.24M in cash. In fiscal 2025, it reported revenue of $51.95M, down 18.5% from fiscal 2024, and a net loss of $265.94M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$51.95MFY2025
−18.5% year over year
Last 12 mo $52.05M
-519.75%FY2025
−250.2 percentage points
Last 12 mo -603.03%
$-265.94MFY2025
−37.4% year over year
Last 12 mo $-301.45M
-40.64%FY2025
+20.7 percentage points
Last 12 mo -57.97%
Cash & financing
$-204.88MFY2025
−52.1% year over year
Last 12 mo $-238.24M
$-216.89MFY2025
−59.5% year over year
Last 12 mo $-255.10M
0.11FY2025
Was 0.22× a year earlier
Last 12 mo 0.14
187.2MFY2025
+18.3% year over year
Last 12 mo 224.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Ocular Therapeutix, Inc. does

In the company’s own words

Ocular Therapeutix, Inc. (Nasdaq: OCUL) is an integrated biopharmaceutical company developing and commercializing ophthalmic therapies using its ELUTYX bioresorbable hydrogel technology. Its commercial product, DEXTENZA, is a corticosteroid insert approved in the United States to treat ocular inflammation and pain following ophthalmic surgery and ocular itching associated with allergic conjunctivitis. The company’s lead investigational product, AXPAXLI, is an axitinib hydrogel delivered by intravitreal injection and is in Phase 3 development for wet age-related macular degeneration and diabetic retinal disease. Its other clinical-stage candidate, OTX-TIC, is a travoprost hydrogel studied for open-angle glaucoma and ocular hypertension. ELUTYX formulations are designed to provide local, programmed drug release before the hydrogel is absorbed. Ocular Therapeutix operates as one integrated business, with commercial activities for DEXTENZA and research and development focused on its product candidates. Its SOL-R Phase 3 trial for wet AMD had 631 subjects randomized as of 2025. Its website is www.ocutx.com.

Company details
Sector
Health Care
Industry (SIC)
Pharmaceutical Preparations
Headquarters
BEDFORD, MA
Fiscal year end
December
CIK
1393434
SIC
2834

Financial performance, year by year

Fiscal 2014–2025 · USD
$-337.96M$-228.41M$-118.86M$-9.31M$100.24M201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Ocular Therapeutix, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

186
funds hold it
0 of 35
superinvestors hold it
$554.50M
held by funds, at market
26.8%
of shares held by funds

Largest fund holders · Ocular Therapeutix, Inc.’s weight in each

Fidelity Growth Company Fund
FDGRX · Fidelity Mt. Vernon Street Trust
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.06%of fund net assets
Fidelity Growth Company K6 Fund
FGKFX · Fidelity Mt. Vernon Street Trust
—of fund net assets
Fidelity Series Growth Company Fund
FCGSX · Fidelity Mt. Vernon Street Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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