Glaukos Reports Q4 Earnings Loss

Glaucoma treatments developer posts revenue above expectations despite wider-than-anticipated loss.

Published on Feb. 19, 2026

Glaukos Corp., a California-based glaucoma treatments developer, reported a loss of $133.7 million in its fourth quarter. On a per-share basis, the company had a loss of $2.32, though losses adjusted for asset impairment costs came to 28 cents per share, missing Wall Street expectations. However, the company posted revenue of $143.1 million in the period, topping Street forecasts.

Why it matters

Glaukos is a key player in the glaucoma treatments market, so its financial performance is closely watched by investors and industry analysts. The company's wider-than-expected loss, despite higher revenue, suggests it may be facing challenges in its operations or product development that are impacting its bottom line.

The details

Glaukos reported a loss of $133.7 million in the fourth quarter, or $2.32 per share. Adjusted for asset impairment costs, the loss was 28 cents per share, missing the average analyst estimate of a 22-cent loss. However, the company's revenue of $143.1 million topped the $142.9 million expected by analysts. For the full year, Glaukos reported a loss of $187.7 million, or $3.28 per share, on revenue of $507.4 million.

  • Glaukos reported its Q4 and full-year 2025 financial results on February 17, 2026.

The players

Glaukos Corp.

A California-based medical device company that develops and commercializes products for the treatment of glaucoma.

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What’s next

Glaukos expects to report full-year 2026 revenue in the range of $600 million to $620 million.

The takeaway

Glaukos' wider-than-expected Q4 loss, despite higher revenue, suggests the company may be facing operational or product development challenges that are impacting its financial performance. However, the company's guidance for 2026 revenue indicates it expects to see improvement in its business in the coming year.