Filing Flows › MeiraGTx Holdings (MGTX) › Q3 2025
MeiraGTx Holdings (MGTX) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 13, 2025
MeiraGTx Holdings (MGTX) reported revenue of $410K for the third quarter 2025 (Q3 2025), -96% from a year earlier and -89% from the quarter before.
MeiraGTx Holdings, Q3 2025: revenue $410K (-96% year over year), net loss $50.5M, operating cash flow −$12.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $410K | -89% | -96% |
| Operating profit | −$46.1M | — | — |
| Net earnings | −$50.5M | — | — |
| Operating cash flow | −$12.2M | — | — |
What changed
Revenue was $410K in Q3 2025, down 96% year over year and down 89% from the previous quarter.
Operating costs exceeded revenue by $46.1M, an operating margin of -11232.0%. Total costs fell 9% while revenue fell 96%. The fastest-growing cost line was Research & development (+24%). The quarter ended with a net loss of $50.5M, wider than the previous quarter's $38.8M loss.
Operating cash flow was −$12.2M. Non-cash charges added back $3.2M of depreciation and amortization and $6.0M of share-based compensation. Working capital and other items added $29.2M. Capital expenditures of $610K exceeded it, leaving free cash flow of −$12.8M.
Questions
What was MeiraGTx Holdings' revenue in the third quarter 2025?
MeiraGTx Holdings (MGTX) reported revenue of $410K for the third quarter 2025 (Q3 2025), -96% from a year earlier and -89% from the quarter before.
Source: MeiraGTx Holdings 10-Q on SEC EDGAR.