EyePoint Pharmaceuticals, Inc.
NASDAQ•EYPT
CEO: Dr. Jay S. Duker M.D.
Sector: Healthcare
Industry: Biotechnology
Listing Date: 2005-01-27
EyePoint Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, engages in developing and commercializing therapeutics to improve the lives of patients with serious retinal diseases. The company's pipeline leverages its proprietary bioerodible Durasert E technology for sustained intraocular drug delivery. Its lead product candidate is EYP-1901, an investigational sustained delivery treatment for VEGF-mediated retinal diseases combining vorolanib, a selective and patent-protected tyrosine kinase inhibitor with Durasert E which is in Phase 2 clinical trials for wet age-related macular degeneration (wet AMD), non-proliferative diabetic retinopathy (NPDR), and diabetic macular edema (DME). The company's pipeline programs also include EYP-2301, a promising TIE-2 agonist formulated in Durasert E to potentially improve outcomes in serious retinal diseases. The company was formerly known as pSivida Corp. and changed its name to EyePoint Pharmaceuticals, Inc. in March 2018. EyePoint Pharmaceuticals, Inc. was incorporated in 1987 and is headquartered in Watertown, Massachusetts.
Contact Information
Market Cap
$1.26B
P/E (TTM)
-5.2
37
Dividend Yield
--
52W High
$19.11
52W Low
$3.91
52W Range
Rank67Top 97.6%
1.4
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 1.4 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q3 2025 Data
Revenue
$966.00K-90.82%
4-Quarter Trend
EPS
-$0.85+57.41%
4-Quarter Trend
FCF
-$60.15M+48.15%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
R&D Investment Surge R&D expenses increased 81% to $161.8M for nine months, driven by ongoing DURAVYUTM Phase 3 clinical trials.
Royalty Income Spike Royalty income surged 830% to $12.9M due to ANI buyout of the perpetual SWK royalty obligation.
Strong Cash Position Cash and marketable securities totaled $204.0M at September 30, 2025, supported by recent equity financing.
Equity Financing Closed Secured $162.1M net proceeds from October 2025 underwritten public offering to fund future operations.
Risk Factors
Deepening Operating Losses Net loss widened 84% to $164.4M for nine months, reflecting substantial investment in pipeline development.
DOJ Investigation Accrual Recorded $4.7M accrual for potential DOJ settlement regarding DEXYCU® sales and promotional practices.
Declining Core Revenue Product sales dropped 46% to $1.3M (9M) following the automatic termination of the ANI supply agreement.
Funding Dependency Risk Operations rely on future capital raises; failure to obtain adequate financing could curtail development programs.
Outlook
Extended Runway Current cash plus $162.1M financing extends operational runway into Q4 2027, beyond key data readouts.
DURAVYUTM Trials Progress Phase 3 wet AMD trials completed enrollment; pivotal DME trial dosing expected in Q1 2026.
Continued High R&D Spend Anticipate R&D expenses remaining at similar high levels due to ongoing Phase 3 trials and manufacturing scale-up.
Regulatory Approval Focus Future success hinges on timing and outcome of regulatory interactions and approvals for DURAVYUTM indications.
Peer Comparison
Revenue (TTM)
$192.28M
ANAB$169.47M
$167.36M
Gross Margin (Latest Quarter)
100.0%
99.0%
PHAT87.5%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| PGEN | $1.43B | -5.7 | -3342.6% | 57.3% |
| ANAB | $1.32B | -16.3 | -1101.2% | 98.1% |
| TNGX | $1.29B | -12.9 | -60.8% | 16.5% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-56.3%
Growth Under Pressure
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention
Research & Insights
Next earnings:Mar 4, 2026
EPS:-$0.78
|Revenue:-
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Nov 6, 2025|Revenue: $966.00K-90.8%|EPS: $-0.85+57.4%MissForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 7, 2025|Revenue: $5.33M-43.7%|EPS: $-0.85+46.6%MissForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 8, 2025|Revenue: $24.45M+109.3%|EPS: $-0.65+18.2%BeatForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Mar 6, 2025|Revenue: $43.27M-6.0%|EPS: $-2.32-27.5%MissForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 7, 2024|Revenue: $10.52M-30.8%|EPS: $-0.54+63.6%BeatForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 8, 2024|Revenue: $9.48M+4.1%|EPS: $-0.58-4.9%MissForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 9, 2024|Revenue: $11.68M+52.1%|EPS: $-0.55-5.2%MissForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Mar 8, 2024|Revenue: $46.02M+11.1%|EPS: $-1.82+33.6%Miss