GLAUKOS Corp

GKOS 10-Q · Q1 2026

GKOS Q1 2026 request

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Income Statement

Income Statement
Metric Q1 2026 Q1 2025 YoY
Revenue 150,571 106,664 +41.2%
Show Product Lines breakouts
Corneal Health 21,310 18,527 +15.0%
Corneal Health · Non Us 2,419 2,585 -6.4%
Corneal Health · US 18,891 15,942 +18.5%
Glaucoma 129,261 88,137 +46.7%
Glaucoma · Non Us 35,808 29,009 +23.4%
Glaucoma · US 93,453 59,128 +58.1%
Show Business Segments breakouts
Development and Commercialization of Ophthalmic Therapies 150,571 106,664 +41.2%
Show Geography breakouts
Non Us 38,227 31,594 +21.0%
US 112,344 75,070 +49.7%
Cost of Revenue 33,339 24,316 +37.1%
Show Business Segments breakouts
Development and Commercialization of Ophthalmic Therapies 33,339 24,316 +37.1%
Gross Profit 117,232 82,348 +42.4%
Selling, General & Administrative 92,943 70,673 +31.5%
Research And Development Expense Excluding Acquired In Process Cost 44,145 32,353 +36.4%
Operating Expenses 137,088 103,026 +33.1%
Operating Income -19,856 -20,678 +4.0%
Interest And Other Income 2,431 3,076 -21.0%
Show Business Segments breakouts
Development and Commercialization of Ophthalmic Therapies 2,431 3,076 -21.0%
Interest Expense -1,125 -1,163 +3.3%
Show Business Segments breakouts
Development and Commercialization of Ophthalmic Therapies -1,125 -1,163 +3.3%
Other Non-Operating Income (Expense) -749 945 -179.3%
Non-Operating Income (Expense) 557 2,858 -80.5%
Income Before Taxes -19,299 -17,820 -8.3%
Income Tax Expense (Benefit) 484 326 +48.5%
Show Business Segments breakouts
Development and Commercialization of Ophthalmic Therapies 484 326 +48.5%
Net Income -19,783 -18,146 -9.0%
Show Business Segments breakouts
Development and Commercialization of Ophthalmic Therapies -19,783 -18,146 -9.0%
EPS (Basic) -0.34 -0.32 -6.3%
EPS (Diluted) -0.34 -0.32 -6.3%
Wtd Avg Shares (Basic) 58,022 56,637 +2.4%
Wtd Avg Shares (Diluted) 58,022 56,637 +2.4%
Research & Development (Q)
Show Business Segments breakouts
Development and Commercialization of Ophthalmic Therapies 28,971 22,922 +26.4%
Sales & Marketing (Q)
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Development and Commercialization of Ophthalmic Therapies 46,289 34,443 +34.4%
General & Administrative (Q)
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Development and Commercialization of Ophthalmic Therapies 46,654 36,230 +28.8%
Comprehensive Income -20,443 -18,156 -12.6%

Balance Sheet

Balance Sheet
Metric Q1 2026 Q1 2025 YoY
Current Assets
Cash & Cash Equivalents 104,249
Available For Sale Securities Debt Securities 172,436 184,444 -6.5%
Show Financial Instrument breakouts
Asset Backed Securities 13,626 6,333 +115.2%
Bank Time Deposits 47,175
Commercial Paper Not Included With Cash And Cash Equivalents 1,832
Corporate Debt Securities 36,740 10,918 +236.5%
US Treasury Securities 73,063 164,175 -55.5%
Accounts Receivable 119,691 71,531 +67.3%
Inventory 62,384 59,460 +4.9%
Prepaid Expenses & Other Current Assets 26,993 14,857 +81.7%
Total Current Assets 485,753 444,544 +9.3%
Non-Current Assets
Restricted Cash And Cash Equivalents Noncurrent 3,834 4,733 -19.0%
Property, Plant & Equipment 112,432
Show Geography breakouts
Non Us 273
US 112,159
Operating Lease Right-of-Use Assets 31,025 32,176 -3.6%
Goodwill 66,710
Deposit Assets And Other Assets Noncurrent 21,744 22,699 -4.2%
Total Assets 893,326 966,178 -7.5%
Intangible Assets 125,828
Show Finite Lived Intangible Assets By Major Class breakouts
Developed Technology And Customer Relationships [Member] 16,069
Epioxa Developed Technology 103,943
Leases Acquired In Place 255
Licensing Agreements 4,619
Photrexa Developed Technology 942
Show Type Of Arrangement breakouts
License Agreement with Celanese 4.6
Other Assets
Finance Lease Right Of Use Asset 38,800 41,213 -5.9%
Intangible Assets Net Excluding Goodwill 133,028
Current Liabilities
Accounts Payable 19,153 15,825 +21.0%
Accrued Liabilities 70,262 52,704 +33.3%
Total Current Liabilities 89,415 68,529 +30.5%
Non-Current Liabilities
Operating Lease Liabilities 35,313 36,321 -2.8%
Finance Lease Liability Noncurrent 67,743 69,159 -2.0%
Deferred Tax Liabilities 441 6,918 -93.6%
Other Non-Current Liabilities 29,486 21,292 +38.5%
Total Liabilities 222,398 202,219 +10.0%
Stockholders' Equity
Common Stock 58 57 +1.8%
Additional Paid In Capital Common Stock 1,621,272 1,525,014 +6.3%
Accumulated Other Comprehensive Income 2,643 2,605 +1.5%
Retained Earnings -952,913 -763,585 -24.8%
Treasury Stock Common Value -132 -132 0.0%
Total Stockholders' Equity 670,928 763,959 -12.2%
Total Liabilities & Equity 893,326 966,178 -7.5%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q1 2026 YTD Q1 2025 YoY
Operating Activities
Net Income -19,783 -18,146 -9.0%
Show Equity Components breakouts
Retained Earnings -19,783 -18,146 -9.0%
Depreciation 2,909 2,651 +9.7%
Amortization Of Intangible Assets 8,888 5,576 +59.4%
Operating Lease Right Of Use Asset Amortization Expense 1,085 1,078 +0.6%
Gain Loss On Sale Of Property Plant Equipment 103 6 +1616.7%
Stock-Based Compensation 19,144 12,986 +47.4%
Foreign Currency Transaction Gain Loss Unrealized 574 1,397 -58.9%
Amortization Of Discount On Short Term Investments -187 -1,149 +83.7%
Increase Decrease In Others Accrued Liabilities -2,249 -1,091 -106.1%
Provision For Doubtful Accounts 823 1,367 -39.8%
Change in Accounts Receivable -12,459 -12,316 -1.2%
Change in Inventory 832 -1,668 +149.9%
Increase Decrease In Prepaid Expense And Other Current Assets -2,985 -2,339 -27.6%
Increase Decrease In Accounts Payable And Accrued Liabilities -10,192 -6,729 -51.5%
Increase Decrease In Other Noncurrent Assets 971 -134 +824.6%
Net Cash from Operations -12,526 -18,521 +32.4%
Depreciation & Amortization 11,797 8,227 +43.4%
Show Geography breakouts
Non Us 11 12 -8.3%
US 11,786 8,215 +43.5%
Investing Activities
Payments To Acquire Marketable Securities -31,353 -74,743 +58.1%
Proceeds From Sale And Maturity Of Marketable Securities 46,575 40,878 +13.9%
Capital Expenditures -3,959 -1,938 -104.3%
Payments For Investment In Company Owned Life Insurance Policy -759 -395 -92.2%
Net Cash from Investing 10,504 -36,948 +128.4%
Financing Activities
Proceeds From Stock Options Exercised 19,330 4,082 +373.5%
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans 2,381 2,961 -19.6%
Tax Withholding for Share Compensation -5,638 -4,845 -16.4%
Finance Lease Principal Payments -304 -248 -22.6%
Net Cash from Financing 15,769 1,950 +708.7%
Supplemental
Income Taxes Paid 379 276 +37.3%
Interest Paid 1,042 1,058 -1.5%
Unpaid Capital Expenditures 863 502 +71.9%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations -311 -1,855 +83.2%
Net Change in Cash 13,436 -55,374 +124.3%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 108,083 118,985 -9.2%

Values in thousands USD. Source: SEC EDGAR 10-Q filing.

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