Filing Flows › MeiraGTx Holdings (MGTX) › Q2 2026
MeiraGTx Holdings (MGTX) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
MeiraGTx Holdings (MGTX) reported revenue of $321M for the second quarter 2026 (Q2 2026), up 87-fold from a year earlier and up 1,097-fold from the quarter before. Operating margin was 76.0%, net earnings $161M (50.0% of revenue).
MeiraGTx Holdings, Q2 2026: revenue $321M (87× year over year), operating margin 76.0%, net earnings $161M, operating cash flow −$38.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $321M | 1,097× | 87× |
| Operating profit | $244M | — | — |
| Net earnings | $161M | — | — |
| Operating cash flow | −$38.5M | -316% | — |
What changed
Revenue was $321.4M in Q2 2026, up 8609% year over year and up 109604% from the previous quarter. License revenue was the largest line at 64% of revenue. Service revenue - related party added $101.2M year over year (up 2742%), 32% of the total change.
Operating profit was $244.4M, a 76.0% margin (up 1289.6 points year over year). Total costs grew 59% against revenue growth of 8609%. The fastest-growing cost line was Research & development (+73%). Net earnings were $160.7M. The effective tax rate was 1.4%.
Operating cash flow was −$38.5M. Non-cash charges added back $2.8M of depreciation and amortization and $3.8M of share-based compensation. Working capital and other items used $205.8M. Capital expenditures of $332K exceeded it, leaving free cash flow of −$38.9M.
Questions
What was MeiraGTx Holdings' revenue in the second quarter 2026?
MeiraGTx Holdings (MGTX) reported revenue of $321M for the second quarter 2026 (Q2 2026), up 87-fold from a year earlier and up 1,097-fold from the quarter before.
Was MeiraGTx Holdings profitable in the second quarter 2026?
Operating profit was $244M (76.0% of revenue) and net earnings $161M.
Source: MeiraGTx Holdings 10-Q on SEC EDGAR.