Ocugen, Inc. (OCGN)

Ocugen Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	24.63	18.57	58.51	39.46	77.56	94.96
Short-Term Investments	59.63	-	-	-	13.37	-
Cash & Short-Term Investments	84.26	18.57	58.51	39.46	90.93	94.96
Cash Growth	158.74%	-68.26%	48.28%	-56.60%	-4.24%	295.02%
Prepaid Expenses	5.76	5.33	2.29	3.51	7.56	7.69
Other Current Assets	1.42	0.44	0.88	-	-	-
Total Current Assets	91.43	24.34	61.68	42.97	98.49	102.65
Property, Plant & Equipment	12.71	18.48	20.17	21.23	9.96	2.75
Other Long-Term Assets	3.92	0.69	0.59	0.34	0.18	0.36
Total Assets	108.06	43.52	82.44	64.55	108.63	105.76

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	5.07	6.2	4.24	3.17	8.06	2.31
Accrued Expenses	9.79	5.44	4.31	2.67	8.39	4.33
Short-Term Debt	83.12	-	-	-	-	-
Current Portion of Long-Term Debt	0.04	1.25	1.33	-	-	-
Current Portion of Leases	0.85	0.86	0.52	0.57	0.5	0.36
Current Unearned Revenue	2.43	5.91	8.37	10.53	11.22	-
Other Current Liabilities	17.61	3.39	2.82	0.15	0.36	-
Total Current Liabilities	118.9	23.04	21.59	17.09	28.53	7
Long-Term Debt	1.74	27.54	27.35	2.8	2.29	1.71
Long-Term Leases	2.82	3.49	3.31	3.57	3.59	1.23
Long-Term Unearned Revenue	0.8	0.8	-	-	-	-
Other Long-Term Liabilities	1.48	0.8	0.56	0.53	0.24	-
Total Liabilities	125.74	55.68	52.81	23.98	34.65	9.94

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	3.39	3.13	2.92	2.57	2.22	2
Additional Paid-In Capital	434.55	392.76	366.94	324.19	294.87	225.54
Retained Earnings	-455.72	-408.07	-340.22	-286.17	-223.09	-131.67
Treasury Stock	-0.05	-0.05	-0.05	-0.05	-0.05	-0.05
Comprehensive Income & Other	0.15	0.06	0.05	0.02	0.03	-
Total Common Equity	-17.68	-12.17	29.63	40.56	73.98	95.82
Shareholders' Equity	-17.68	-12.17	29.63	40.56	73.98	95.82
Total Liabilities & Equity	108.06	43.52	82.44	64.55	108.63	105.76

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	88.56	33.14	32.5	6.94	6.37	3.31
Net Cash (Debt)	-4.31	-14.57	26.01	32.52	84.56	91.65
Net Cash Growth	-	-	-20.02%	-61.54%	-7.74%	325.32%
Net Cash Per Share	-0.01	-0.05	0.10	0.13	0.39	0.47
Filing Date Shares Outstanding	339.31	327.9	292.01	257.33	226.42	199.49
Total Common Shares Outstanding	339.31	312.38	291.37	256.57	221.6	199.38
Working Capital	-27.47	1.3	40.09	25.88	69.96	95.65
Book Value Per Share	-0.05	-0.04	0.10	0.16	0.33	0.48
Tangible Book Value	-17.68	-12.17	29.63	40.56	73.98	95.82
Tangible Book Value Per Share	-0.05	-0.04	0.10	0.16	0.33	0.48
Machinery	3.99	3.82	3.63	1.89	2.02	1.14
Construction In Progress	-	-	-	14.54	3.05	0.23
Leasehold Improvements	15.94	16.09	16.09	2.09	1.6	0.17

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Nov 4, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 10, 2026

Data Sources Report a data error