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Filing Flows › Ocular Therapeutix (OCUL) › R&D spending

Ocular Therapeutix (OCUL) R&D spending by quarter

Ocular Therapeutix's R&D spending was $54.1M in Q2 2026 (second quarter 2026), -18% from Q1 2026. Over the last 7 quarters it ranged from $41.0M (Q4 2024) to $66.2M (Q1 2026).

Ocular Therapeutix R&D spending by quarterOcular Therapeutix R&D spending by quarter$41.0MQ4 2024$42.9MQ1 2025$51.1MQ2 2025$52.4MQ3 2025$50.8MQ4 2025$66.2MQ1 2026$54.1MQ2 2026
QuarterR&D spendingQ/QY/Y
Q2 2026$54.1M-18%+6%
Q1 2026$66.2M+30%+54%
Q4 2025$50.8M-3%+24%
Q3 2025$52.4M+2%—
Q2 2025$51.1M+19%—
Q1 2025$42.9M+5%—
Q4 2024$41.0M——

Q2 2026 at a glance

Ocular Therapeutix, Q2 2026: revenue $13.5M (+0.1% year over year), operating margin -609.3%, net loss $78.8M, operating cash flow −$67.3M. The chart follows the revenue to costs, profit and cash.

Questions

What is Ocular Therapeutix's R&D spending?

Ocular Therapeutix's R&D spending was $54.1M in Q2 2026 (second quarter 2026), -18% from Q1 2026.

How has Ocular Therapeutix's R&D spending changed?

Over the last 7 quarters it ranged from $41.0M (Q4 2024) to $66.2M (Q1 2026).

Q2 2026 results → · How Ocular Therapeutix makes money →