Medical device maker Glaukos posts smaller-than-expected loss in Q3 on strong demand in U.S.

Reuters
Oct 30, 2025
Medical device maker Glaukos posts smaller-than-expected loss in Q3 on strong demand in U.S. 

Overview

  • Glaukos Q3 2025 net sales grow 38% yr/yr, beating analyst expectations, per LSEG data

  • Adjusted EPS for Q3 2025 also beats analyst expectations

  • Company raises 2025 net sales guidance, introduces preliminary 2026 guidance

Outlook

  • Glaukos raises 2025 net sales guidance to $490 mln-$495 mln

  • Glaukos introduces preliminary 2026 net sales guidance of $600 mln-$620 mln

Result Drivers

  • GLAUCOMA SALES - Record net sales in glaucoma segment, with U.S. sales increasing 57% yr/yr, driving overall growth

  • STRATEGIC EXECUTION - Strong momentum attributed to successful execution of strategic plans, per CEO Thomas Burns

  • PRODUCT PIPELINE - Advancement of novel, dropless platform technologies contributing to improved patient outcomes

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Sales

Beat

$133.50 mln

$122.50 mln (14 Analysts)

Q3 Adjusted loss per share

Beat

-$0.16

-$0.26 (15 Analysts)

Q3 Adjusted Net loss

Beat

-$9.20 mln

-$14.80 mln (13 Analysts)

Q3 Net loss

-$16.20 mln

Q3 Gross Margin

78%

Q3 Adjusted Gross Margin

84%

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

  • The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy"

  • Wall Street's median 12-month price target for Glaukos Corp is $115.00, about 32.4% above its October 28 closing price of $77.79

Press Release: ID:nBwbRXfjza

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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