NYSE : GKOS
Glaukos Corporation — Financial statements
Healthcare · Medical Devices · United States
Last price 237.6 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 14.06B
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Financial statements
Glaukos Corporation (GKOS) reported revenue of 690.33M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 690.33M | 507.44M | 383.48M | 314.71M | 282.86M | 294.01M |
| Cost of Revenue | 130.29M | 111.81M | 94.03M | 75.58M | 68.98M | 66.63M |
| Gross Profit | 560.04M | 395.63M | 289.45M | 239.14M | 213.88M | 227.38M |
| Selling, General & Admin | 436.46M | 333.56M | 262.85M | 224.07M | 192.93M | 179.26M |
| Research & Development | 185.38M | 148.80M | 134.75M | 138.77M | 123.27M | 101.00M |
| Operating Expenses | 621.84M | 482.36M | 397.59M | 362.84M | 316.20M | 280.26M |
| Operating Income | -61.80M | -86.73M | -108.14M | -123.70M | -102.31M | -52.87M |
| Interest Expense | -4.82M | -4.63M | -10.04M | -13.63M | -13.72M | -13.37M |
| Interest & Investment Income | 9.71M | 10.71M | 11.11M | 9.16M | 2.38M | 1.29M |
| Currency Exchange Gain (Loss) | -3.25M | 479.00K | -6.29M | -558.00K | -4.77M | -4.31M |
| Other Non Operating Income (Expenses) | -18.01M | |||||
| EBT Excluding Unusual Items | -60.15M | -80.17M | -131.37M | -128.73M | -118.43M | -69.27M |
| Asset Writedown | -112.87M | -112.87M | ||||
| Legal Settlements | 30.00M | 30.00M | ||||
| Pretax Income | -174.51M | -193.04M | -145.60M | -133.73M | -98.43M | -49.27M |
| Income Tax Expense | -4.72M | -5.35M | 771.00K | 934.00K | 766.00K | 326.00K |
| Earnings From Continuing Operations | -169.80M | -187.69M | -146.37M | -134.66M | -99.19M | -49.59M |
| Net Income | -169.80M | -187.69M | -146.37M | -134.66M | -99.19M | -49.59M |
| Net Income to Common | -169.80M | -187.69M | -146.37M | -134.66M | -99.19M | -49.59M |
| Shares Outstanding (Basic) | 58.37M | 57.19M | 52.76M | 48.43M | 47.44M | 46.42M |
| Shares Outstanding (Diluted) | 58.37M | 57.19M | 52.76M | 48.43M | 47.44M | 46.42M |
| EPS (Basic) | -2.91 | -3.28 | -2.77 | -2.78 | -2.09 | -1.07 |
| EPS (Diluted) | -2.91 | -3.28 | -2.77 | -2.78 | -2.09 | -1.07 |
| Free Cash Flow | 36.02M | -22.45M | -67.62M | -78.01M | -63.35M | -23.08M |
| Free Cash Flow Per Share | 0.62 | -0.39 | -1.28 | -1.61 | -1.33 | -0.50 |
| Gross Margin | 81.13% | 77.96% | 75.48% | 75.99% | 75.61% | 77.34% |
| Operating Margin | -8.95% | -17.09% | -28.20% | -39.31% | -36.17% | -17.98% |
| Profit Margin | -24.60% | -36.99% | -38.17% | -42.79% | -35.07% | -16.87% |
| Free Cash Flow Margin | 5.22% | -4.42% | -17.63% | -24.79% | -22.39% | -7.85% |
| EBITDA | -20.01M | -48.64M | -72.49M | -90.05M | -70.74M | -23.21M |
| EBITDA Margin | -2.90% | -9.59% | -18.90% | -28.61% | -25.01% | -7.90% |
| D&A For EBITDA | 41.78M | 38.09M | 35.65M | 33.65M | 31.58M | 29.66M |
| EBIT | -61.80M | -86.73M | -108.14M | -123.70M | -102.31M | -52.87M |
| EBIT Margin | -8.95% | -17.09% | -28.20% | -39.31% | -36.17% | -17.98% |
| Advertising Expenses | 4.30M | 3.60M | 3.40M | 2.50M | 1.20M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 162.33M | 90.81M | 169.63M | 93.47M | 119.53M | 100.71M |
| Short-Term Investments | 174.37M | 187.95M | 149.29M | 201.96M | 233.17M | 313.34M |
| Cash & Short-Term Investments | 336.70M | 278.76M | 318.92M | 295.43M | 352.69M | 414.05M |
| Receivables | 150.00M | 108.61M | 60.74M | 39.85M | 36.07M | 33.44M |
| Inventory | 61.03M | 63.56M | 57.68M | 41.99M | 37.84M | 23.01M |
| Prepaid Expenses | 31.91M | 24.05M | 12.46M | 18.19M | 17.25M | 15.63M |
| Total Current Assets | 579.65M | 474.98M | 449.79M | 395.46M | 443.86M | 486.13M |
| Property, Plant & Equipment | 180.46M | 184.18M | 169.94M | 174.54M | 166.83M | 146.13M |
| Goodwill | 66.71M | 66.71M | 66.13M | 66.13M | 66.13M | 66.13M |
| Other Intangible Assets | 121.26M | 141.92M | 263.44M | 282.96M | 307.87M | 332.78M |
| Other Long-Term Assets | 31.45M | 25.69M | 25.45M | 21.32M | 17.69M | 18.52M |
| Total Assets | 979.53M | 893.49M | 974.76M | 940.41M | 1.00B | 1.05B |
| Accounts Payable | 24.41M | 24.62M | 13.03M | 13.44M | 14.40M | 7.33M |
| Accrued Expenses | 99.16M | 73.98M | 59.62M | 58.34M | 57.53M | 55.02M |
| Current Portion of Leases | 3.16M | 2.67M | 2.47M | 2.23M | 430.00K | 1.01M |
| Total Current Liabilities | 126.73M | 101.28M | 75.12M | 74.01M | 72.36M | 63.36M |
| Long-Term Debt | 282.77M | 281.40M | 280.03M | |||
| Long-Term Leases | 101.98M | 103.88M | 103.40M | 100.97M | 101.08M | 102.35M |
| Long-Term Deferred Tax Liabilities | 441.00K | 441.00K | 6.93M | 7.14M | 7.26M | 7.32M |
| Other Long-Term Liabilities | 33.10M | 31.74M | 22.37M | 13.75M | 10.28M | 9.49M |
| Total Liabilities | 262.25M | 237.33M | 207.82M | 478.65M | 472.38M | 462.55M |
| Common Stock | 59.00K | 58.00K | 56.00K | 49.00K | 48.00K | 47.00K |
| Additional Paid-In Capital | 1.68B | 1.59B | 1.51B | 1.06B | 997.47M | 952.43M |
| Retained Earnings | -969.27M | -933.13M | -745.44M | -599.07M | -464.41M | -365.21M |
| Treasury Stock | -132.00K | -132.00K | -132.00K | -132.00K | -132.00K | -132.00K |
| Comprehensive Income & Other | 1.79M | 3.30M | 2.62M | 1.17M | -2.98M | 15.00K |
| Total Common Equity | 717.27M | 656.15M | 766.93M | 461.77M | 530.00M | 587.15M |
| Shareholders' Equity | 717.27M | 656.15M | 766.93M | 461.77M | 530.00M | 587.15M |
| Total Liabilities & Equity | 979.53M | 893.49M | 974.76M | 940.41M | 1.00B | 1.05B |
| Total Debt | 105.15M | 106.55M | 105.87M | 385.97M | 382.91M | 383.38M |
| Net Cash (Debt) | 231.55M | 172.22M | 213.04M | -90.54M | -30.21M | 30.67M |
| Net Cash Per Share | 3.97 | 3.01 | 4.04 | -1.87 | -0.64 | 0.66 |
| Filing Date Shares Outstanding | 59.17M | 58.05M | 56.54M | 49.44M | 47.85M | 47.05M |
| Total Common Shares Outstanding | 59.17M | 57.51M | 56.44M | 49.12M | 47.75M | 46.97M |
| Working Capital | 452.92M | 373.71M | 374.67M | 321.45M | 371.50M | 422.77M |
| Book Value Per Share | 12.12 | 11.41 | 13.59 | 9.40 | 11.10 | 12.50 |
| Tangible Book Value | 529.30M | 447.53M | 437.35M | 112.68M | 156.00M | 188.24M |
| Tangible Book Value Per Share | 8.95 | 7.78 | 7.75 | 2.29 | 3.27 | 4.01 |
| Land | 17.20M | 7.07M | 7.07M | 7.07M | 7.07M | |
| Buildings | 6.67M | 874.00K | 874.00K | 874.00K | 874.00K | |
| Machinery | 51.19M | 45.42M | 42.04M | 35.19M | 24.32M | |
| Construction In Progress | 11.90M | 8.09M | 17.38M | 17.88M | 51.21M | |
| Leasehold Improvements | 81.83M | 80.99M | 70.33M | 60.62M | 6.15M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -169.80M | -187.69M | -146.37M | -134.66M | -99.19M | -49.59M |
| Depreciation & Amortization | 46.28M | 42.34M | 39.92M | 37.98M | 35.95M | 34.42M |
| Other Amortization | 718.00K | 1.37M | 1.37M | 1.37M | ||
| Loss (Gain) From Sale of Assets | 420.00K | 32.00K | 598.00K | 893.00K | -24.00K | 7.00K |
| Asset Writedown & Restructuring Costs | 112.87M | 112.87M | 5.00M | 3.00M | ||
| Loss (Gain) From Sale of Investments | -905.00K | -2.98M | -4.04M | -1.69M | 731.00K | 1.03M |
| Stock-Based Compensation | 83.08M | 63.22M | 50.21M | 43.53M | 38.56M | 30.15M |
| Provision & Write-off of Bad Debts | 2.85M | 7.38M | -91.00K | -169.00K | ||
| Other Operating Activities | 17.26M | -1.94M | 32.79M | 2.48M | 2.97M | 3.75M |
| Change in Accounts Receivable | -52.10M | -53.02M | -21.88M | -3.67M | -3.14M | 1.70M |
| Change in Inventory | -3.43M | -7.70M | -19.45M | -5.36M | -15.47M | -7.70M |
| Change in Accounts Payable | 22.85M | 18.82M | 21.00K | 1.30M | 7.21M | 12.45M |
| Change in Other Net Operating Assets | -11.66M | -6.12M | 1.26M | -2.77M | -2.05M | -2.87M |
| Operating Cash Flow | 47.71M | -14.79M | -61.32M | -57.76M | -33.08M | 24.71M |
| Capital Expenditures | -11.69M | -7.67M | -6.30M | -20.25M | -30.27M | -47.78M |
| Sale of Property, Plant & Equipment | 38.00K | 151.00K | 3.00K | |||
| Cash Acquisitions | -12.44M | |||||
| Sale (Purchase) of Real Estate | -16.61M | |||||
| Investment in Securities | 742.00K | -35.35M | 57.24M | 37.51M | 75.90M | -8.37M |
| Other Investing Activities | -5.29M | -5.55M | -3.15M | -3.17M | -1.01M | -2.08M |
| Investing Cash Flow | -16.23M | -77.61M | 47.83M | 14.10M | 44.78M | -58.23M |
| Long-Term Debt Issued | 53.22M | |||||
| Total Debt Issued | 53.22M | |||||
| Long-Term Debt Repaid | -1.12M | -1.59M | -711.00K | -527.00K | -659.00K | |
| Total Debt Repaid | -1.29M | -1.12M | -1.59M | -711.00K | -527.00K | -659.00K |
| Net Debt Issued (Repaid) | -1.29M | -1.12M | 51.63M | -711.00K | -527.00K | -659.00K |
| Issuance of Common Stock | 44.32M | 21.14M | 46.76M | 19.03M | 9.21M | 30.94M |
| Repurchase of Common Stock | -8.60M | -8.13M | -6.56M | -3.27M | -2.73M | -3.69M |
| Other Financing Activities | -551.00K | -295.00K | 301.00K | 12.67M | ||
| Financing Cash Flow | 33.87M | 11.89M | 91.54M | 15.04M | 6.25M | 39.26M |
| Foreign Exchange Rate Adjustments | -1.99M | 804.00K | -3.02M | 1.34M | -1.47M | -1.77M |
| Net Cash Flow | 63.36M | -79.71M | 75.04M | -27.28M | 16.48M | 3.96M |
| Free Cash Flow | 36.02M | -22.45M | -67.62M | -78.01M | -63.35M | -23.08M |
| Free Cash Flow Margin | 5.22% | -4.42% | -17.63% | -24.79% | -22.39% | -7.85% |
| Free Cash Flow Per Share | 0.62 | -0.39 | -1.28 | -1.61 | -1.33 | -0.50 |
| Levered Free Cash Flow | 52.60M | 1.40M | -19.29M | -32.22M | -36.42M | -16.42M |
| Unlevered Free Cash Flow | 55.61M | 4.30M | -13.73M | -25.07M | -29.21M | -9.43M |
| Cash Interest Paid | 4.53M | 4.21M | 9.21M | 12.25M | 12.34M | 11.98M |
| Cash Income Tax Paid | 1.50M | 949.00K | 1.36M | 1.56M | 522.00K | 272.00K |
| Change in Working Capital | -44.34M | -48.02M | -40.05M | -10.49M | -13.45M | 3.58M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 14.06B | 6.48B | 8.26B | 3.88B | 2.08B | 2.08B |
| Enterprise Value | 13.83B | 6.31B | 8.16B | 3.96B | 2.10B | 2.04B |
| Last Close Price | 237.60 | 112.91 | 149.94 | 79.49 | 43.68 | 44.44 |
| Forward PE | 183.38 | 167.80 | 167.80 | 167.80 | 167.80 | 167.80 |
| PS Ratio | 20.36 | 12.77 | 21.55 | 12.32 | 7.36 | 7.08 |
| PB Ratio | 19.60 | 9.88 | 10.77 | 8.40 | 3.93 | 3.55 |
| P/TBV Ratio | 26.56 | 14.48 | 18.89 | 34.41 | 13.35 | 11.06 |
| P/OCF Ratio | 294.67 | 84.29 | ||||
| PEG Ratio | 10.02 | 10.02 | 10.02 | 10.02 | 10.02 | |
| EV/Sales Ratio | 20.03 | 12.44 | 21.28 | 12.59 | 7.44 | 6.93 |
| Debt / Equity Ratio | 0.15 | 0.16 | 0.14 | 0.84 | 0.72 | 0.65 |
| Debt / FCF Ratio | 2.92 | |||||
| Net Debt / Equity Ratio | -0.32 | -0.26 | -0.28 | 0.20 | 0.06 | -0.05 |
| Net Debt / EBITDA Ratio | 11.57 | 3.54 | 2.94 | -1.00 | -0.43 | 1.32 |
| Net Debt / FCF Ratio | -6.43 | 7.67 | 3.15 | -1.16 | -0.48 | 1.33 |
| Asset Turnover | 0.70 | 0.54 | 0.40 | 0.32 | 0.28 | 0.29 |
| Inventory Turnover | 2.09 | 1.84 | 1.89 | 1.89 | 2.27 | 3.43 |
| Quick Ratio | 3.84 | 3.83 | 5.05 | 4.53 | 5.37 | 7.06 |
| Current Ratio | 4.57 | 4.69 | 5.99 | 5.34 | 6.13 | 7.67 |
| Return on Equity (ROE) | -22.84% | -26.38% | -23.83% | -27.16% | -17.76% | -7.91% |
| Return on Assets (ROA) | -3.90% | -5.80% | -7.06% | -7.96% | -6.23% | -3.22% |
| Return on Invested Capital (ROIC) | -12.49% | -16.71% | -19.55% | -22.24% | -18.32% | -9.69% |
| Return on Capital Employed (ROCE) | -7.20% | -10.90% | -12.00% | -14.30% | -11.00% | -5.40% |
| Earnings Yield | -1.22% | -2.90% | -1.77% | -3.47% | -4.76% | -2.38% |
| FCF Yield | 0.26% | -0.35% | -0.82% | -2.01% | -3.04% | -1.11% |
| Buyback Yield / Dilution | -2.91% | -8.41% | -8.92% | -2.08% | -2.20% | -4.33% |