MeiraGTx Holdings plc

MeiraGTx Holdings plcMGTXEarnings & Financial Report

Nasdaq · Health Care · Biological Products, (No Diagnostic Substances)

MeiraGTx Holdings plc is a clinical-stage biotechnology firm specializing in the research, development and commercialization of transformative gene therapies. Its core pipeline targets rare ophthalmic conditions, neurodegenerative disorders, and salivary gland diseases, serving patients across global markets with operations in the U.S. and European Union.

Revenue

$3.7M

Gross Profit

N/A

Operating Profit

$-44.8M

Net Profit

$-38.8M

Gross Margin

N/A

Operating Margin

-1213.6%

Net Margin

-1051.1%

YoY Growth

1208.9%

EPS

$-0.48

MeiraGTx Holdings plc Q2 FY2025 Financial Summary

MeiraGTx Holdings plc reported revenue of $3.7M (up 1208.9% YoY) for Q2 FY2025, with a net profit of $-38.8M (up 20.2% YoY) (-1051.1% margin).

Key Financial Metrics

Total Revenue$3.7M
Net Profit$-38.8M
Gross MarginN/A
Operating Margin-1213.6%
Report PeriodQ2 FY2025

MeiraGTx Holdings plc Annual Revenue by Year

MeiraGTx Holdings plc annual revenue history includes year-by-year totals (for example, 2024 revenue was $33.3M).

YearAnnual Revenue
2024$33.3M
2023$14.0M
2022$15.9M

MeiraGTx Holdings plc Quarterly Revenue & Net Profit History

MeiraGTx Holdings plc results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q3 FY2025$410.0K-96.2%$-50.5M-12320.2%
Q2 FY2025$3.7M+1208.9%$-38.8M-1051.1%
Q4 FY2024$21.4M+948.5%$-39.4M-184.2%
Q3 FY2024$10.9M+113.8%$-39.3M-360.5%
Q2 FY2024$282.0K-92.0%$-48.6M-17241.1%
Q1 FY2024$697.0K-79.1%$-20.4M-2932.9%
Q4 FY2023$2.0M+138.6%N/AN/A
Q3 FY2023$5.1M+6.0%$-44.3M-868.1%

Income Statement

Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q2 2025Q3 2025
Revenue$5.1M$2.0M$697000$282000$10.9M$21.4M$3.7M$410000
YoY Growth6.0%138.6%-79.1%-92.0%113.8%948.5%1208.9%-96.2%

Balance Sheet

Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q2 2025Q3 2025
Assets$267.2M$326.7M$309.2M$266.7M$299.5M$269.8M$198.7M$189.5M
Liabilities$175.3M$188.6M$187.5M$186.6M$203.8M$201.9M$195.8M$230.0M
Equity$91.9M$138.2M$121.7M$80.0M$95.7M$67.8M$3.0M$-40.6M

Cash Flow

Q3 2023Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q2 2025Q3 2025
Operating CF$-24.4M$-105.4M$-36.7M$-19.5M$-25.0M$-23.3M$-43.9M$-12.2M