13 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 17.7% per year over the past 5 years.
Operating margin has expanded, at -39.3% in the latest year.
Financial health
Total debt has grown slower than revenue (-44.6% vs 17.7% per year).
Operating income covered interest expense -43.1× in the latest year.
The company is unprofitable; at its current free-cash-flow burn it has roughly 4.0 years of cash runway.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$507M
-$188M
55.7%
-39.3%
-$22M
—
$91M
2024
$383M
-$146M
75.5%
-31.9%
-$68M
—
$170M
2023
$315M
-$135M
76.0%
-40.9%
-$78M
—
$93M
2022
$283M
-$99M
75.6%
-29.1%
-$63M
—
$120M
2021
$294M
-$50M
77.3%
-11.2%
-$23M
—
$101M
2020
$225M
-$120M
59.2%
-54.9%
-$30M
—
$97M
2019
$237M
$15M
83.7%
-21.2%
-$5M
—
$62M
2018
$181M
-$13M
86.2%
-7.2%
$9M
—
$30M
2017
$159M
-$92000
86.8%
-1.4%
$20M
—
$25M
2016
$114M
$5M
85.9%
3.7%
$6M
—
$6M
2015
—
-$37M
—
—
-$3M
$10M
$22M
2014
—
-$12M
—
—
—
$18M
$2M
2013
—
-$13M
—
—
—
—
$7M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$151M
-$20M
77.9%
-13.2%
-$16M
—
$104M
Dec '25
$143M
-$134M
-1.1%
-97.7%
$4M
—
$91M
Sep '25
$134M
-$16M
78.4%
-12.3%
-$12M
—
$98M
Jun '25
$124M
-$20M
78.3%
-18.3%
$6M
—
$101M
Mar '25
$107M
-$18M
77.2%
-19.4%
-$20M
—
$114M
Dec '24
$105M
-$34M
72.9%
-27.2%
-$1M
—
$170M
Sep '24
$97M
-$21M
76.6%
-25.5%
-$11M
—
$100M
Jun '24
$96M
-$51M
76.4%
-31.3%
-$21M
—
$68M
Mar '24
$86M
-$41M
76.3%
-45.6%
-$35M
—
$42M
Dec '23
$82M
-$37M
77.1%
-46.9%
-$15M
—
$93M
Sep '23
$78M
-$30M
76.3%
-35.9%
-$12M
—
$109M
Jun '23
$80M
-$33M
75.0%
-36.2%
-$14M
—
$95M
Mar '23
$74M
-$35M
75.5%
-44.6%
-$38M
—
$76M
Dec '22
$71M
-$31M
75.8%
-47.4%
-$12M
—
$120M
Sep '22
$71M
-$28M
76.3%
-30.3%
-$33M
—
$104M
Jun '22
$73M
-$46M
75.5%
-50.6%
-$22M
—
$103M
Mar '22
$68M
$5M
74.8%
14.5%
$3M
—
$106M
Dec '21
$73M
-$22M
77.0%
-24.4%
-$14M
—
$101M
Sep '21
$75M
$6M
79.4%
14.8%
$8M
—
$113M
Jun '21
$78M
-$17M
77.3%
-18.2%
-$4M
—
$118M
Valuation over time
How the market has priced GKOS against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has risen from 10.4× (Mar '23) to 16.5× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is GKOS growing its revenue and profit?
Over the past 5 years, Glaukos Corp's revenue has grown 17.7% per year. These are computed facts, not advice.
How much debt does GKOS have?
As of FY2025, Glaukos Corp reported — of total debt against $91M of cash; operating income covered interest expense -43.1×.
What is GKOS's profit margin?
In FY2025, gross margin was 55.7%, operating margin -39.3%, and net margin -37.0%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.