Fundies.
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Ovid Therapeutics Inc.

EDGAR
OVID Quarterly report (10-Q) · filed 2026-08-13

Annual consolidated revenue for 2025: about USD 7.252M, using the latest reported figures. The previous period, 2024, was about USD 566K.

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Watchlist

Latest quarter

Revenue

733 thousand USD

2026 Q2 · USD

Exact inputs and evidence

Operating margin

-2,141.61%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: -15698000 USD Source
  • Revenue: 733000 USD Source

Operating cash flow

-17.6 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: -31500000 USD Source
  • Operating Cash Flow: -13900000 USD Source
Cash and cash equivalents
11.3 million USD Source
Exact value

11327000 USD

Long-term debt including current maturities
Not available
Shares outstanding
185 million shares Source
Exact value

184755735 shares

Reported share-count change

159.82% · 114 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 71109514 shares · 2025-06-30· Source
  • 184755735 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

1.58 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Revenue: 132000 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 7252000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 6534000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 0 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 733000 USD · 2026-04-01 – 2026-06-30 Source

Net income

-34.5 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Net income: -12200000 USD · 2025-07-01 – 2025-09-30 Source
  • Net income: -17400000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: -27100000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: -16988000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: -15009000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

-54.7 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: -27900000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: -15054000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: -38300000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: -27900000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: -13900000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: -31500000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: -13900000 USD · 2026-01-01 – 2026-03-31 Source

Capital expenditure

0 USD

2025-01-01 – 2025-12-31

Exact inputs and evidence
  • Capital expenditure: 0 USD · 2025-01-01 – 2025-03-31 Source
  • Capital expenditure: 0 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 0 USD · 2025-01-01 – 2025-03-31 Source
  • Capital expenditure: 0 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 0 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 0 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 0 USD · 2025-01-01 – 2025-09-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-13.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 5 of 11 periods available· newest 2025-12-31
  • Operating income: 11 of 11 periods available· newest 2025-12-31
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 11 of 11 periods available· newest 2025-12-31
  • Total assets: 5 of 11 periods available· newest 2025-12-31
  • Total liabilities: 5 of 11 periods available· newest 2025-12-31
  • Current assets: 5 of 11 periods available· newest 2025-12-31
  • Current liabilities: 5 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 5 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • Shares outstanding: 5 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +1,181.3%

    Prior period

    USD 566,000

    –

    Current period

    USD 7.25 million

    –

    Exact inputs and evidence

    7252000 − 566000 = 6686000 USD

    566000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    7252000 USD · 2025-01-01 – 2025-12-31

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  • Net income

    +USD 9.03 million

    Prior period

    −USD 26.43 million

    –

    Current period

    −USD 17.4 million

    –

    Exact inputs and evidence

    -17400000 − -26433000 = 9033000 USD

    -26433000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -17400000 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    +USD 17.66 million

    Prior period

    −USD 55.96 million

    –

    Current period

    −USD 38.3 million

    –

    Exact inputs and evidence

    -38300000 − -55956000 = 17656000 USD

    -55956000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -38300000 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    -100%

    Prior period

    USD 71,000

    –

    Current period

    USD 0

    –

    Exact inputs and evidence

    0 − 71000 = -71000 USD

    71000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    0 USD · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 7.25 million 100% of revenue
  • Operating costs Derived USD 49.69 million 685% of revenue
  • Operating income −USD 42.44 million −585% of revenue
  • Tax, interest and other Derived −USD 25.04 million −345% of revenue
  • Net income −USD 17.4 million −240% of revenue

Cash

  • Operating cash flow −USD 38.3 million −528% of revenue
  • Capital expenditure USD 0 0% of revenue
  • Free cash flow Derived −USD 38.3 million −528% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2021 59%40%
  • 2022 Operating loss: operating costs were 3,796% of revenue.
  • 2023 Operating loss: operating costs were 15,223% of revenue.
  • 2024 Operating loss: operating costs were 11,034% of revenue.
  • 2025 Operating loss: operating costs were 685% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2021 2021-01-01 – 2021-12-31208382779 84173687 Derived 124209092 1374508 Derived 122834584 118427665 Derived
Source
2022 2022-01-01 – 2022-12-311502748 57050909 Derived -55548161 -1379132 Derived -54169029 -56451506 Derived
Source
2023 2023-01-01 – 2023-12-31392000 59673000 Derived -59281000 -6942000 Derived -52339000 -45821000 Derived
Source
2024 2024-01-01 – 2024-12-31566000 62451000 Derived -61885000 -35452000 Derived -26433000 -56027000 Derived
Source
2025 2025-01-01 – 2025-12-317252000 49691000 Derived -42439000 -25039000 Derived -17400000 -38300000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 7.3M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.225.1M168.8M112.5M56.3M0.020212022202320242025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2021Revenue208382779
2022Revenue1502748
2023Revenue392000
2024Revenue566000
2025Revenue7252000

Revenue growth

Change in revenue from the same financial period one year earlier.

1,181.3% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1,284%912%541%170%-202%20212022202320242025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2021Year over yearNo prior comparable period
2022Year over year-99.3%
2023Year over year-73.9%
2024Year over year44.4%
2025Year over year1,181.3%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -585.2% 2025
Net margin -239.9% 2025
Free cash flow margin -528.1% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1,274%-3,129%-7,532%-11,934%-16,337%20212022202320242025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2021Operating margin59.6%
2022Operating margin-3,696.4%
2023Operating margin-15,122.7%
2024Operating margin-10,933.7%
2025Operating margin-585.2%
2021Net margin58.9%
2022Net margin-3,604.7%
2023Net margin-13,351.8%
2024Net margin-4,670.1%
2025Net margin-239.9%
2021Free cash flow margin56.8%
2022Free cash flow margin-3,756.6%
2023Free cash flow margin-11,689%
2024Free cash flow margin-9,898.8%
2025Free cash flow margin-528.1%

Operating cash flow

Cash generated by the company’s normal business operations.

USD -38.3M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.132.6M82.0M31.3M-19.3M-69.9M20212022202320242025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2021Operating cash flow118611673
2022Operating cash flow-55227127
2023Operating cash flow-45781000
2024Operating cash flow-55956000
2025Operating cash flow-38300000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -38.3M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.132.4M81.7M31.0M-19.7M-70.4M20212022202320242025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2021Free cash flow118427665
2022Free cash flow-56451506
2023Free cash flow-45821000
2024Free cash flow-56027000
2025Free cash flow-38300000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

13.4% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.42%32%21%11%0%20212022202320242025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2021Liabilities / assets7.6%
2022Liabilities / assets14.8%
2023Liabilities / assets39%
2024Liabilities / assets26%
2025Liabilities / assets13.4%

Current assets to current liabilities

Current assets divided by current liabilities.

8.97× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.20.29×15.22×10.15×5.07×0.00×20212022202320242025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2021Current assets / current liabilities12.87×
2022Current assets / current liabilities18.79×
2023Current assets / current liabilities9.55×
2024Current assets / current liabilities5.32×
2025Current assets / current liabilities8.97×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
−USD 22.41 million
Exact value

Exact value: -22414352 USD

2016-01-01 – 2016-12-31: -22414352 USD Inspect Net Income Open source
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−USD 17.8 million
Exact value

Exact value: -17801971 USD

2016-01-01 – 2016-12-31: -17801971 USD Inspect Operating Cash Flow Open source
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USD 30,364
Exact value

Exact value: 30364 USD

2016-01-01 – 2016-12-31: 30364 USD Inspect Capital Expenditure Open source
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−USD 17.83 million
Calculation and evidence

-17801971 − 30364 USD

Exact free cash flow: -17832335 USD

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2017 2017-01-01 – 2017-12-31
−USD 64.81 million
Exact value

Exact value: -64806054 USD

2017-01-01 – 2017-12-31: -64806054 USD Inspect Net Income Open source
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−USD 31.47 million
Exact value

Exact value: -31469909 USD

2017-01-01 – 2017-12-31: -31469909 USD Inspect Operating Cash Flow Open source
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USD 38,907
Exact value

Exact value: 38907 USD

2017-01-01 – 2017-12-31: 38907 USD Inspect Capital Expenditure Open source
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−USD 31.51 million
Calculation and evidence

-31469909 − 38907 USD

Exact free cash flow: -31508816 USD

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2018 2018-01-01 – 2018-12-31
−USD 51.98 million
Exact value

Exact value: -51979610 USD

2018-01-01 – 2018-12-31: -51979610 USD Inspect Net Income Open source
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−USD 45.56 million
Exact value

Exact value: -45558480 USD

2018-01-01 – 2018-12-31: -45558480 USD Inspect Operating Cash Flow Open source
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USD 33,871
Exact value

Exact value: 33871 USD

2018-01-01 – 2018-12-31: 33871 USD Inspect Capital Expenditure Open source
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−USD 45.59 million
Calculation and evidence

-45558480 − 33871 USD

Exact free cash flow: -45592351 USD

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2019 2019-01-01 – 2019-12-31
−USD 60.46 million
Exact value

Exact value: -60461243 USD

2019-01-01 – 2019-12-31: -60461243 USD Inspect Net Income Open source
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−USD 51.09 million
Exact value

Exact value: -51090622 USD

2019-01-01 – 2019-12-31: -51090622 USD Inspect Operating Cash Flow Open source
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USD 57,156
Exact value

Exact value: 57156 USD

2019-01-01 – 2019-12-31: 57156 USD Inspect Capital Expenditure Open source
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−USD 51.15 million
Calculation and evidence

-51090622 − 57156 USD

Exact free cash flow: -51147778 USD

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2020 2020-01-01 – 2020-12-31
−USD 81.04 million
Exact value

Exact value: -81035576 USD

2020-01-01 – 2020-12-31: -81035576 USD Inspect Net Income Open source
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−USD 51.58 million
Exact value

Exact value: -51583914 USD

2020-01-01 – 2020-12-31: -51583914 USD Inspect Operating Cash Flow Open source
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USD 127,240
Exact value

Exact value: 127240 USD

2020-01-01 – 2020-12-31: 127240 USD Inspect Capital Expenditure Open source
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−USD 51.71 million
Calculation and evidence

-51583914 − 127240 USD

Exact free cash flow: -51711154 USD

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2021 2021-01-01 – 2021-12-31
USD 122.83 million
Exact value

Exact value: 122834584 USD

2021-01-01 – 2021-12-31: 122834584 USD Inspect Net Income Open source
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USD 118.61 million
Exact value

Exact value: 118611673 USD

2021-01-01 – 2021-12-31: 118611673 USD Inspect Operating Cash Flow Open source
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USD 184,008
Exact value

Exact value: 184008 USD

2021-01-01 – 2021-12-31: 184008 USD Inspect Capital Expenditure Open source
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USD 118.43 million
Calculation and evidence

118611673 − 184008 USD

Exact free cash flow: 118427665 USD

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2022 2022-01-01 – 2022-12-31
−USD 54.17 million
Exact value

Exact value: -54169029 USD

2022-01-01 – 2022-12-31: -54169029 USD Inspect Net Income Open source
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−USD 55.23 million
Exact value

Exact value: -55227127 USD

2022-01-01 – 2022-12-31: -55227127 USD Inspect Operating Cash Flow Open source
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USD 1.22 million
Exact value

Exact value: 1224379 USD

2022-01-01 – 2022-12-31: 1224379 USD Inspect Capital Expenditure Open source
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−USD 56.45 million
Calculation and evidence

-55227127 − 1224379 USD

Exact free cash flow: -56451506 USD

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2023 2023-01-01 – 2023-12-31
−USD 52.34 million
Exact value

Exact value: -52339000 USD

2023-01-01 – 2023-12-31: -52339000 USD Inspect Net Income Open source
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−USD 45.78 million
Exact value

Exact value: -45781000 USD

2023-01-01 – 2023-12-31: -45781000 USD Inspect Operating Cash Flow Open source
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USD 40,000
Exact value

Exact value: 40000 USD

2023-01-01 – 2023-12-31: 40000 USD Inspect Capital Expenditure Open source
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−USD 45.82 million
Calculation and evidence

-45781000 − 40000 USD

Exact free cash flow: -45821000 USD

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2024 2024-01-01 – 2024-12-31
−USD 26.43 million
Exact value

Exact value: -26433000 USD

2024-01-01 – 2024-12-31: -26433000 USD Inspect Net Income Open source
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−USD 55.96 million
Exact value

Exact value: -55956000 USD

2024-01-01 – 2024-12-31: -55956000 USD Inspect Operating Cash Flow Open source
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USD 71,000
Exact value

Exact value: 71000 USD

2024-01-01 – 2024-12-31: 71000 USD Inspect Capital Expenditure Open source
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−USD 56.03 million
Calculation and evidence

-55956000 − 71000 USD

Exact free cash flow: -56027000 USD

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2025 2025-01-01 – 2025-12-31
−USD 17.4 million
Exact value

Exact value: -17400000 USD

2025-01-01 – 2025-12-31: -17400000 USD Inspect Net Income Open source
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−USD 38.3 million
Exact value

Exact value: -38300000 USD

2025-01-01 – 2025-12-31: -38300000 USD Inspect Operating Cash Flow Open source
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USD 0
Exact value

Exact value: 0 USD

2025-01-01 – 2025-12-31: 0 USD Inspect Capital Expenditure Open source
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−USD 38.3 million
Calculation and evidence

-38300000 − 0 USD

Exact free cash flow: -38300000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

47 filings · 2,434 latest values · 2,434 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001636651, 1636651, OVID, edgar:1636651

Also known as Ovid Therapeutics Inc.