Filing Flows › Ocugen (OCGN) › Q1 2026
Ocugen (OCGN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Ocugen (OCGN) reported revenue of $1.5M for the first quarter 2026 (Q1 2026), +4% from a year earlier.
Ocugen, Q1 2026: revenue $1.5M (+4% year over year), net loss $19.2M, operating cash flow −$21.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5M | — | +4% |
| Operating profit | −$17.8M | — | — |
| Net earnings | −$19.2M | — | — |
| Operating cash flow | −$21.8M | — | — |
What changed
Revenue was $1.5M in Q1 2026, up 4% year over year.
Operating costs exceeded revenue by $17.8M, an operating margin of -1163.7%. Total costs grew 21% against revenue growth of 4%. The fastest-growing cost line was General & admin (+26%). The quarter ended with a net loss of $19.2M.
Operating cash flow was −$21.8M. Non-cash charges added back $600K of depreciation and $3.4M of share-based compensation. Working capital and other items used $6.6M. Capital expenditures of $6K exceeded it, leaving free cash flow of −$21.8M.
Questions
What was Ocugen's revenue in the first quarter 2026?
Ocugen (OCGN) reported revenue of $1.5M for the first quarter 2026 (Q1 2026), +4% from a year earlier.
Source: Ocugen 10-Q on SEC EDGAR.