MeiraGTx Holdings plc MGTX R2K
MeiraGTx Holdings plc, a clinical-stage genetic medicines company, focusing on developing treatments for patients with serious diseases. The company develops various therapies for ocular diseases, including inherited retinal diseases and large degenerative ocular diseases; neurodegenerative diseases; and xerostomia. It is also develops AAV-AQP1 for radiation-induced grade 2/3 radiation-induced xerostomia, as well as for Sjogren's syndrome; AAV-GAD in Phase 2 trial for Parkinson's disease; AAV-RPE65 in Phase 2 trial for RPE65-associated retinal dystrophy; and AAV-CNGB3 and AAV-CNGA3, which are both in Phase ½ clinical trial for achromatopsia, as well as offers AAV-AIPL1 for Leber congenital amaurosis (LCA) 4. In addition, the company's products under preclinical development include AAV-RDH12 for retinol dehydrogenase 12 mutation-associated retinal dystrophy; AAV-BBS10 for Bardet-Biedl syndrome (BBS) due to BBS10 mutations; AAV-RetGC for LCA type 1; and AAV-UPF1 for amyotrophic lateral sclerosis, as well as programs for Alzheimer's disease, and wet and dry neovascular age related macular degeneration. Further, it provides riboswitch platform for the delivery of metabolic peptides; and cell therapies for oncology, autoimmune disease, and long term intractable pain. The company has collaborations with Johnson & Johnson Innovative Medicine for the research, development, and commercialization of gene therapies for the treatment of inherited retinal disease; and Hologen Limited for the research, development, manufacture, and commercialization of AAV-GAD investigational gene therapy for the treatment of Parkinson's disease, AAV-BDNF investigational gene therapy for genetic obesity disorders, and other genetic medicines to the central nervous system. MeiraGTx Holdings plc was founded in 2015 and is based in New York, New York.
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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Compounding revenue at 72.3% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Healthcare).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | MGTX MeiraGTx Holdings plc R2K | 10.65 | - | $986.29M | - | -83.70% | - | 72.27% | 3.96% |
| 2 | LLY Eli Lilly and Company SPX | 1,105.00 | 39.21 | $985.37B | 0.63% | 38.44% | 107.46% | 31.69% | 48.96% |
| 3 | JNJ Johnson & Johnson SPX | 225.33 | 26.11 | $542.42B | 2.38% | 23.13% | 26.42% | 5.60% | 14.32% |
| 4 | UNH UnitedHealth Group Incorporated SPX | 380.31 | 28.66 | $345.38B | 2.32% | 9.60% | 12.18% | 11.35% | -15.69% |
| 5 | MRK Merck & Co., Inc. SPX | 118.72 | 33.44 | $293.22B | 2.86% | 20.66% | 18.94% | 3.12% | 7.93% |
| 6 | TMO Thermo Fisher Scientific Inc. SPX | 492.51 | 27.11 | $183.03B | 0.38% | 9.17% | 13.52% | -0.27% | -1.19% |
| 7 | AMGN Amgen Inc. NDXSPX | 336.79 | 23.42 | $181.77B | 2.99% | 18.02% | 101.32% | 11.77% | 5.58% |
| 8 | GILD Gilead Sciences, Inc. NDXSPX | 134.43 | 18.29 | $166.90B | 2.44% | 22.92% | 43.36% | 2.57% | 22.83% |
| 9 | ISRG Intuitive Surgical, Inc. NDXSPXAI | 424.64 | 51.53 | $150.39B | - | 15.96% | 17.23% | 17.39% | 29.26% |
Quarterly Results
Figures in USD.
| Metric | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | - | - | 1.93M | 3.69M | 410.00K | 75.36M | 293.00K |
| Cost of Revenue | - | - | 1.38M | 2.68M | 313.00K | 476.00K | 198.00K |
| Gross Profit | - | - | 548.00K | 1.01M | 97.00K | 74.89M | 95.00K |
| Operating Expenses | - | - | 42.14M | 45.81M | 46.15M | 48.42M | 40.91M |
| Operating Income | - | - | -41.60M | -44.79M | -46.05M | 26.47M | -40.82M |
| EBITDA | - | - | -33.86M | -32.57M | -44.29M | 21.32M | -40.46M |
| Interest Expense | - | - | 3.04M | 3.03M | 3.06M | 3.06M | 2.85M |
| Pretax Income | - | - | -39.98M | -38.80M | -50.51M | 15.09M | -46.31M |
| Tax Provision | - | - | - | - | - | - | - |
| Net Income | - | - | -39.98M | -38.80M | -50.51M | 15.09M | -46.31M |
| Diluted EPS | -0.55 | - | -0.51 | -0.48 | -0.62 | - | -0.57 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | - | 15.92M | 14.02M | 33.28M | 81.39M |
| Cost of Revenue | - | - | 0 | 23.79M | 4.84M |
| Gross Profit | - | - | 14.02M | 9.49M | 76.55M |
| Operating Expenses | - | 132.28M | 151.08M | 173.70M | 182.52M |
| Operating Income | - | -116.36M | -137.06M | -164.21M | -105.97M |
| EBITDA | - | -116.07M | -57.06M | -121.84M | -89.40M |
| Interest Expense | - | 4.95M | 13.24M | 13.27M | 12.20M |
| Pretax Income | - | -129.62M | -84.03M | -147.79M | -114.20M |
| Tax Provision | - | - | - | - | - |
| Net Income | - | -129.62M | -84.03M | -147.79M | -114.20M |
| Diluted EPS | - | -2.87 | -1.49 | -2.12 | -1.42 |
Compounded Sales Growth
| 5 Years: | 72.27% |
| 1 Year: | -84.80% |
Compounded Profit Growth
| 5 Years: | 3.96% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | +108.01% |
| 6 Months: | +40.50% |
| 3 Months: | +40.87% |
| 1 Month: | +18.99% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 318.24M | 326.74M | 269.75M | 244.43M |
| Current Assets | - | 154.34M | 159.62M | 123.52M | 91.76M |
| Cash & Equivalents | - | 115.52M | 129.57M | 103.66M | 65.93M |
| Inventory | - | - | 0 | 385.00K | 0 |
| Receivables | - | 21.33M | 10.14M | 707.00K | 3.00M |
| Total Liabilities | - | 200.50M | 188.57M | 201.92M | 250.22M |
| Current Liabilities | - | 82.07M | 67.08M | 60.78M | 122.56M |
| Long Term Debt | - | 71.03M | 72.12M | 73.22M | 49.69M |
| Total Debt | - | 92.25M | 89.26M | 84.80M | 88.69M |
| Total Equity | - | 117.74M | 138.18M | 67.83M | -5.79M |
| Shares Outstanding | - | 48.48M | 63.60M | 78.40M | 81.12M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | -73.10M | -105.36M | -104.50M | -46.36M |
| Investing Cash Flow | - | -44.96M | 34.03M | 23.48M | -4.11M |
| Financing Cash Flow | - | 95.20M | 84.02M | 54.53M | 12.27M |
| Capital Expenditure | - | -44.96M | -20.17M | -4.96M | -4.24M |
| Free Cash Flow | - | -118.06M | -125.54M | -109.45M | -50.59M |
| Net Change in Cash | - | -22.86M | 12.69M | -26.48M | -38.19M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | - | 100.0% | 28.5% | 94.0% |
| Operating Margin % | - | -730.9% | -977.8% | -493.4% | -130.2% |
| Net Margin % | - | -814.2% | -599.5% | -444.1% | -140.3% |
| ROE % | - | -110.1% | -60.8% | -217.9% | 1,971.4% |
| ROCE % | - | -49.3% | -52.8% | -78.6% | -86.9% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Sanofi | 13.17% | 12.20M | $129.91M |
| 2 | Perceptive Advisors Llc | 11.15% | 10.33M | $109.97M |
| 3 | Rubric Capital Management LP | 7.56% | 7.00M | $74.55M |
| 4 | Johnson & Johnson | 7.17% | 6.64M | $70.73M |
| 5 | Adage Capital Partners GP L.L.C. | 4.32% | 4.00M | $42.60M |
| 6 | Millennium Management Llc | 3.74% | 3.47M | $36.91M |
| 7 | Blackrock Inc. | 3.42% | 3.17M | $33.74M |
| 8 | Prosight Management, Lp | 2.84% | 2.63M | $28.01M |
| 9 | 683 Capital Management LLC | 2.65% | 2.45M | $26.09M |
| 10 | Opaleye Management Inc. | 2.29% | 2.12M | $22.61M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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