Ovid Therapeutics Inc. OVID

Healthcare SIC 2834 - Pharmaceutical Preparations NAICS Manufacturing › Chemical Manufacturing › Pharmaceutical and Medicine Manufacturing › Pharmaceutical Preparation Manufacturing derived Nasdaq

Ovid is a biopharmaceutical company that is dedicated to developing small molecule medicines for brain disorders with significant unmet need. These potential medicines targeting the central nervous system ("CNS") are designed to potentially halt the course of brain disease by quelling neuronal hyperexcitation and alleviating the most impactful patient symptoms. We seek to address fundamental biological targets in the brain that are implicated in neuronal hyperexcitability, such as neurotransmitters and dysregulated ion channels. By mitigating excessive neuronal hyperexcitation with differentiated medicines, we believe we can unlock substantial scientific, therapeutic and commercial opportunities across a range of neurological and psychiatric conditions that have few therapeutic options today, both impacting patients' lives and creating long-term stockholder value.

Last close 2.16 2026-10-23
Market cap $421.8M 2026-06-30 share count
52-week range 1.18 - 3.10

Valuation FY2025 figures against the last close

P/S58.2x
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS—

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $7.3M$566.0K$392.0K$1.5M$208.4M$12.6M————
R&D $25.6M$36.8M$28.6M$24.6M$46.9M$63.4M$42.2M$33.8M$50.0M$9.6M
SG&A $24.1M$25.7M$31.1M$32.4M$37.2M$30.6M$19.3M$19.1M$15.0M$12.9M
Total operating expenses $49.7M$62.5M$59.7M$57.1M$84.2M$94.0M$61.4M$52.9M$65.0M$22.5M
Operating income -$42.4M-$61.9M-$59.3M-$55.5M$124.2M-$81.4M-$61.4M-$52.9M-$65.0M-$22.5M
Pre-tax income -$17.4M-$26.4M-$52.3M-$54.2M$124.2M-$81.0M-$60.5M-$52.0M-$64.8M—
Income tax $0$0$0$0$1.3M$0$0$0$0—
Net income -$17.4M-$26.4M-$52.3M-$54.2M$122.8M-$81.0M-$60.5M-$52.0M-$64.8M-$22.4M
EPS, basic ——-0.74-0.771.78-1.39————
EPS, diluted ——-0.74-0.771.76-1.39—-2.11-3.35-2.28
Shares, diluted (wtd. avg.) ——70.6M70.4M68.1M58.5M————

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $13.2M$26.3M$29.0M$46.8M$189.7M$72.0M$41.9M$36.5M$87.1M$51.9M
Short-term investments $56.5M$26.8M$78.8M$84.1M$0—$34.8M$5.0M——
Total current assets $74.4M$55.9M$109.6M$131.4M$190.5M$74.8M$79.8M$44.3M$88.6M$52.4M
Property, plant and equipment $252.0K$433.0K$769.0K$1.1M$242.8K$135.6K$68.4K$69.9K$51.8K$43.6K
Other intangibles $0$100.0K$200.0K$222.1K$164.1K$319.0K$467.0K$392.0K$124.2K$110.1K
Total assets $150.9M$92.2M$144.0M$155.3M$194.5M$75.9M$80.8M$47.6M$89.5M$53.0M
Accounts payable $2.0M$3.2M$3.7M$2.0M$7.1M$5.4M$3.3M$3.8M$2.0M$857.2K
Total current liabilities $8.3M$10.5M$11.5M$7.0M$14.8M$22.1M$10.5M$8.8M$6.0M$3.7M
Total liabilities $20.3M$23.9M$56.2M$23.0M$14.8M$32.3M$10.8M$8.8M——
Retained earnings -$321.7M-$304.3M-$277.9M-$225.5M-$171.4M-$294.2M-$213.2M-$152.7M-$100.7M-$35.9M
Total equity $130.7M$68.2M$87.8M$132.3M$179.7M$43.6M$70.0M$38.8M$83.4M$49.3M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow -$38.3M-$56.0M-$45.8M-$55.2M$118.6M-$51.6M-$51.1M-$45.6M-$31.5M-$17.8M
Depreciation and amortisation $273.0K$613.0K$568.0K$512.5K$237.1K$306.8K$255.0K$141.7K$80.3K$56.5K
Stock-based compensation $4.8M$6.3M$7.3M$6.6M$5.1M$7.5M$5.2M$7.1M$6.4M$3.6M
Capital expenditure $0$71.0K$40.0K$1.2M$184.0K$127.2K$57.2K$33.9K$38.9K$30.4K
Investing cash flow -$49.9M$54.6M-$2.6M-$87.9M-$1.8M$34.6M-$30.0M-$5.4M-$47.4K-$189.0K
Financing cash flow $75.2M$622.0K$30.5M$180.7K$904.1K$47.1M$86.5M$286.1K$66.7M-$13.7K

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-027621.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -100M 0 100M 200M 300M Net income, FY2016: -22.4M Net income, FY2017: -64.8M Net income, FY2018: -52M Net income, FY2019: -60.5M Revenue, FY2020: 12.6M Net income, FY2020: -81M Revenue, FY2021: 208.4M Net income, FY2021: 122.8M Revenue, FY2022: 1.5M Net income, FY2022: -54.2M Revenue, FY2023: 392K Net income, FY2023: -52.3M Revenue, FY2024: 566K Net income, FY2024: -26.4M Revenue, FY2025: 7.3M Net income, FY2025: -17.4M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — — — — $12.6M $208.4M $1.5M $392.0K $566.0K $7.3M
Gross profit — — — — — — — — — —
Net income -$22.4M -$64.8M -$52.0M -$60.5M -$81.0M $122.8M -$54.2M -$52.3M -$26.4M -$17.4M

Recent filings and events

  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Officer or director change Item 5.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
  • Other event Item 8.01
  • Shareholder vote Item 5.07
  • Results announced Item 2.02
  • Officer or director change Item 5.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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