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MARKETS / NASDAQ / OCGN
NASDAQ · BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) · SMALL CAP

Ocugen, Inc. OCGN

12 fiscal years on record · USD · FY2025 reported · SEC filings only
$4.4M
▲ 8.8% YoY
$-67.8M
$-57.1M
Growth
USD 4.4M
Revenue, FY2025 · full 12-year series below
Revenue $M Net income $M
FY2025 · Revenue 4.4 · Net income -67.8
-40M-80M2014201620182020202220242025
Compound annual growth
+21.0%
+152.5%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +152.5% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−1537 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -1425.7% · Net -1537.4%
-20000%-40000%2014201620182020202220242025
ROE
FY2025 · ROE -776.9%
-200%-400%-600%2014201620182020202220242025

Each USD of equity lost 777 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -57.1
-25.0M-50.0M2014201620182020202220242025
Net buybacks $M Dividends $M
FY2021 · Dividends — · Net buybacks -129.2
-50M-100M2018201920202021

Total assetsUSD 43.5M
EquityUSD -12.2M
CashUSD 18.9M
Gross debtUSD 28.8M
Net debtUSD 9.9M
Current ratio1.06×

Equity was negative — liabilities exceeded assets. No ratio is shown.

The 12-year record
12 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020201920182017201620152014
Revenue $B0.00.00.00.00.00.00.00.00.00.00.00.0
Operating income $B−0.1−0.1−0.1−0.1−0.1−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B−0.1−0.1−0.1−0.1−0.1−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Income tax $B0.00.00.00.0−0.00.00.0·····
Net income $B−0.1−0.1−0.1−0.1−0.1−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.1−0.0−0.1−0.1−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EPS, diluted $··−0.26−0.40−0.30−0.31−1.46−3.67−0.99−2.18−2.42−6.85
Dividend / sh $············
Payout %············
ROE %−776.9−154.0−110.1−105.1−103.5−134.0··−293.5−77.6−77.7−42.0
Shares out B0.310.290.260.220.200.180.050.000.020.020.010.01

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 1 failures in 46 reconciliationsAUDITED

Reconciled in 11 of 19 fiscal years. 30 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente1 failures
ActivityBiological Products, (No Diagnostic Substances)
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2014

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