Filing Flows › MeiraGTx Holdings (MGTX) › Q1 2026
MeiraGTx Holdings (MGTX) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
MeiraGTx Holdings (MGTX) reported revenue of $293K for the first quarter 2026 (Q1 2026), -85% from a year earlier and -100% from the quarter before.
MeiraGTx Holdings, Q1 2026: revenue $293K (-85% year over year), net loss $46.3M, operating cash flow $17.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $293K | -100% | -85% |
| Operating profit | −$40.8M | -254% | — |
| Net earnings | −$46.3M | -407% | — |
| Operating cash flow | $17.8M | -62% | — |
| Free cash flow | $15.8M | -66% | — |
What changed
Revenue was $293K in Q1 2026, down 85% year over year and down 100% from the previous quarter.
Operating costs exceeded revenue by $40.8M, an operating margin of -13930.7%. Total costs fell 6% while revenue fell 85%. The quarter ended with a net loss of $46.3M, after a profit of $15.1M the previous quarter.
Operating cash flow was $17.8M. Non-cash charges added back $3.0M of depreciation and amortization and $3.7M of share-based compensation. Working capital and other items added $57.5M. Capital expenditures of $2.0M left free cash flow of $15.8M.
Questions
What was MeiraGTx Holdings' revenue in the first quarter 2026?
MeiraGTx Holdings (MGTX) reported revenue of $293K for the first quarter 2026 (Q1 2026), -85% from a year earlier and -100% from the quarter before.
Source: MeiraGTx Holdings 10-Q on SEC EDGAR.