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EyePoint (EYPT) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 7, 2026

EyePoint (EYPT) reported revenue of $696K for the first quarter 2026 (Q1 2026), -97% from a year earlier and +12% from the quarter before.

Revenue$696K
Year over year-97%
Quarter over quarter+12%
Operating margin—
Net earnings−$84.8M

EyePoint, Q1 2026: revenue $696K (-97% year over year), net loss $84.8M, operating cash flow −$80.5M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$696K+12%-97%
Operating profit−$87.2M——
Net earnings−$84.8M——
Operating cash flow−$80.5M——

What changed

Revenue was $696K in Q1 2026, down 97% year over year and up 12% from the previous quarter. Product was the largest line at 67% of revenue. Royalty lost $12.5M year over year (down 99%), 53% of the total change.

Operating costs exceeded revenue by $87.2M, an operating margin of -12532.5%. Total costs grew 20% against a revenue fall of 97%. The fastest-growing cost line was Research & development (+23%). The quarter ended with a net loss of $84.8M, wider than the previous quarter's $67.6M loss.

Operating cash flow was −$80.5M. Non-cash charges added back $636K of depreciation and amortization and $11.6M of share-based compensation. Working capital and other items used $8.0M. Capital expenditures of $1.0M exceeded it, leaving free cash flow of −$81.5M.

Questions

What was EyePoint's revenue in the first quarter 2026?

EyePoint (EYPT) reported revenue of $696K for the first quarter 2026 (Q1 2026), -97% from a year earlier and +12% from the quarter before.

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Source: EyePoint 10-Q on SEC EDGAR.