GLAUKOS Corp
For the period ended Dec 31, 2025. Filed Feb 23, 2026.
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FY2025 · Filed Feb 23, 2026
GKOS$238.74+6.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(in thousands, except per share amounts)
| Year ended | |||
|---|---|---|---|
| December 31, | |||
| 2025 | 2024 | 2023 | |
| Net sales | $507,442 | $383,481 | $314,711 |
| Cost of sales | 111,814 | 94,027 | 75,575 |
| Impairment of intangible asset | 112,867 | — | — |
| Gross profit | 282,761 | 289,454 | 239,136 |
| Operating expenses: | |||
| Selling, general and administrative | 331,747 | 261,166 | 224,068 |
| Research and development | 150,614 | 136,425 | 138,768 |
| Acquired in-process research and development | — | 14,229 | 5,000 |
| Total operating expenses | 482,361 | 411,820 | 367,836 |
| Loss from operations | (199,600) | (122,366) | (128,700) |
| Non-operating income (expense): | |||
| Interest income | 10,714 | 11,105 | 9,164 |
| Interest expense | (4,635) | (10,040) | (13,633) |
| Charges associated with convertible senior notes | — | (18,012) | — |
| Other income (expense), net | 479 | (6,288) | (558) |
| Total non-operating income (expense) | 6,558 | (23,235) | (5,027) |
| Loss before taxes | (193,042) | (145,601) | (133,727) |
| Income tax (benefit) provision | (5,351) | 771 | 934 |
| Net loss | $(187,691) | $(146,372) | $(134,661) |
| Basic and diluted net loss per share | $(3.28) | $(2.77) | $(2.78) |
| Weighted-average shares outstanding used to compute basic and diluted net loss per share | 57,190 | 52,755 | 48,433 |
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