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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›IRD›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

Opus Genetics, Inc. (IRD) financials

Income statement

Opus Genetics, Inc. (IRD) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue———$3.00M$0.00$589K$39.9M$19.0M$11.0M$14.2M
Revenue growth————-100.0%—6665.7%-52.2%-42.3%29.1%
Operating income-$16.4M-$17.4M-$20.5M-$4.19M-$20.0M-$22.7M$18.2M-$10.6M-$62.1M-$38.6M
Operating margin———-139.8%—-3854.8%45.7%-55.5%-564.7%-271.9%
Net income-$9.31M-$25.3M-$14.4M-$6.17M-$24.6M-$56.7M$17.9M-$9.99M-$57.5M-$49.6M
Net margin———-205.6%—-9625.3%44.9%-52.4%-523.4%-349.3%
EPS (diluted)-$0.43-$0.92-$5.25-$2.17-$5.28-$3.82$0.87-$0.46-$2.15-$0.80

Cash flow

Opus Genetics, Inc. (IRD) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$13.2M-$15.4M-$18.8M-$3.59M-$6.80M-$19.4M$14.3M-$1.11M-$25.6M-$35.3M
Capital expenditures———$25.0K$0.00—————
Free cash flow———-$3.62M-$6.80M—————

Balance sheet

Opus Genetics, Inc. (IRD) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$11.6M$8.90M$8.74M$1.54M$16.4M$24.5M$42.6M$50.5M$30.3M$45.1M
Total assets$21.0M$28.3M$16.0M$1.78M$17.7M$26.1M$49.0M$53.9M$36.9M$50.2M
Total liabilities$3.99M$11.5M$5.48M$9.34M$31.1M$3.85M$2.75M$4.04M$11.3M$34.9M
Long-term debt————————$0.00$1.13M
Shareholders' equity$17.1M$16.8M-$1.70M-$7.56M-$13.5M$22.2M$46.2M$49.9M$6.72M$15.3M
Retained earnings-$115M-$140M-$155M-$8.05M-$32.7M-$89.4M-$71.5M-$81.5M-$139M-$189M
Shares (wtd avg diluted)23.7M31.7M3.12M2.85M4.66M14.9M20.6M21.6M26.7M62.2M

Every figure is extracted from Opus Genetics, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Opus Genetics, Inc.'s annual revenue?
Opus Genetics, Inc. (IRD) reported $14.2M of revenue for fiscal year 2025 — up 29.1% from $11.0M in FY2024, per its annual report filed with the SEC.
Is Opus Genetics, Inc. profitable?
Not in FY2025 — IRD reported a net loss of $49.6M, per SEC filings.
Does IRD pay a dividend?
Opus Genetics, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full IRD analysis — verdict, score & filings →Is IRD a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.