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MeiraGTx Holdings (MGTX) Q3 FY2026 earnings: revenue $5 million, up 1074.1% on the year

MeiraGTx Holdings plc (MGTX) reported revenue of $5 million for Q3 FY2026, the quarter ended 30 September 2026, up 1074.1% on the same quarter a year earlier. Net income was -$51 million, and diluted earnings per share $-0.53. The figures are the company's own, from the 10-Q it filed with the SEC on 12 November 2026.

Revenue
$5 million
+1,074.1% on the year · -98.5% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
-1036.1%
-11232.0% a year earlier
Q4 FY2024Q3 FY2026
Net income
-$51 million
Q4 FY2024Q3 FY2026
Diluted EPS
-$0.53
Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 3 new, 4 kept.

  • Net loss of $51.3 million: Net loss attributable to ordinary shareholders was $51.3 million, or $0.53 basic and diluted per share, against a net loss of $50.5 million, or $0.62, a year earlier.
  • EMA submission planned for December: The company said the bota-vec MAA dossier is complete and awaiting submission, with the BLA expected to follow early next year.
  • AQUAx2 readout set for mid-2027: The pivotal Phase 2 AQUAx2 study completed enrollment in the second quarter of 2026, with a 12-month readout set for mid-2027.
Read the earnings call summary

Income statement (profit and loss)

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Revenue4.83210.4-98.5%+1,074.1%
Research and development39.357.832.5-32.0%+20.9%
Operating income-49.9244-46.1
Operating margin-1036.1%76.0%-11232.0%
Interest expensen/a3.53.1
Income tax0.62.40.0-74.0%
Net income-51.2161-50.5
Net margin-1063.8%50.0%-12320.2%
Diluted EPS-$0.53$1.71-$0.62
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Operating cash flow-24.5-38.5-12.2
Capital expenditure1.70.30.6+421.7%+183.9%
Free cash flow-26.3-38.9-12.8
Free cash flow margin-545.9%-12.1%-3128.0%
Cash from investing-1.7-23.6-0.5
Cash from financing67.8134-0.2-49.4%
Depreciation and amortisation2.82.83.2+0.9%-9.7%
Share-based compensation7.73.86.0+102.8%+28.7%
Buybacks0.00.0n/a
Diluted shares, weighted97m94m81m+3.3%+19.7%
Shares outstanding at period end98m94m80m+3.6%+21.3%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Shareholders' equity215216-40.6-0.3%
Debt12210074.1+21.9%+64.6%
Operating lease liabilities9.49.911.5-5.3%-18.4%
Finance lease liabilities0.10.1n/a-12.9%
Other liabilities65.170.6144-7.9%-54.9%
Total liabilities and equity412396189+3.8%+117.3%
Fixed assets96.9100108-3.5%-10.0%
Intangible assets0.00.40.7-96.0%-97.4%
Investments36.039.8n/a-9.6%
Cash and equivalents18514314.8+29.0%+1,144.2%
Receivablesn/an/a2.8
Other assets94.211363.5-16.4%+48.2%
Total assets412396189+3.8%+117.3%

Questions

What was MeiraGTx Holdings' revenue in Q3 FY2026?

MeiraGTx Holdings (MGTX) reported revenue of $5 million for Q3 FY2026, the quarter ended 30 September 2026, up 1074.1% on the same quarter a year earlier.

How much did MeiraGTx Holdings earn in Q3 FY2026?

Net loss for Q3 FY2026 was $51 million, and the diluted loss per share $0.53.

When did MeiraGTx Holdings report Q3 FY2026 results?

MeiraGTx Holdings filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 12 November 2026.

Quarterly results, the last 20 quarters

Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue21.05.610.84.8-5.33.33.55.12.00.70.310.921.41.93.70.475.40.33214.8
R&D13.623.124.016.921.822.319.927.933.734.334.926.224.032.833.532.530.832.057.839.3
Operating income-8.1-28.7-23.8-22.8-41.1-31.8-28.8-32.8-43.8-46.8-45.9-40.0-31.5-41.6-44.8-46.126.5-40.8244-49.9
Operating margin-39%-510%-221%-474%n/a-953%-813%-642%-2145%-6710%-16280%-367%-147%-2160%-1214%-11232%35%-13931%76%-1036%
Interest expense0.10.10.11.92.93.13.43.43.43.23.33.43.43.03.03.13.12.83.5n/a
Net income-9.9-31.0-34.0-37.3-27.3-30.4-29.6-44.320.2-20.4-48.6-39.3-39.4-40.0-38.8-50.515.1-46.3161-51.2
Net margin-47%-551%-316%-774%n/a-911%-836%-868%991%-2933%-17241%-360%-184%-2076%-1051%-12320%20%-15806%50%-1064%
Diluted EPS-$0.21-$0.70-$0.76-$0.83-$0.58-$0.62-$0.53-$0.74n/a-$0.32-$0.76-$0.55-$0.49-$0.51-$0.48-$0.62$0.19-$0.57$1.71-$0.53
Operating cash flow18.8-8.3-27.8-20.7-16.3-37.4-29.0-24.4-14.5-36.7-19.5-25.0-23.3-36.8-43.9-12.246.617.8-38.5-24.5
Capital expenditure24.412.514.010.08.58.65.03.63.01.71.30.71.21.71.20.60.32.00.31.7
Free cash flow-5.5-20.8-41.8-30.7-24.8-46.0-34.0-28.0-17.6-38.4-20.8-25.8-24.5-38.5-45.2-12.846.415.8-38.9-26.3
Buybacksn/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a18.20.00.0
Shares outstanding45m45m45m45m48m48m60m60m64m64m65m78m78m79m80m80m81m81m94m98m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A blank figure marked on a quarter is one the filings do not give on their own: the quarters as filed do not add to the year the company filed, or the year and its quarters stand on different share counts. Each quarter's page says which. Revenue below zero (Q4 FY2022) is as the company filed it: its revenue line takes off losses (on securities sold, hedges or investments), revenue reversed from earlier periods or incentives paid out, and in that period they were larger than the rest. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 12 November 2026: the filing.