MeiraGTx Holdings plc (MGTX) Revenue History
Annual and quarterly revenue from 2016 to 2024
Compound Annual Growth Rate (CAGR)
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MGTX Revenue Growth
MGTX Revenue Analysis (2016–2024)
As of May 8, 2026, MeiraGTx Holdings plc (MGTX) generated trailing twelve-month (TTM) revenue of $27.4 million, reflecting significant decline in growth of -96.2% year-over-year. The most recent quarter (Q3 2025) recorded $410,000 in revenue, down 88.9% sequentially.
Looking at the longer-term picture, MGTX's 5-year compound annual growth rate (CAGR) stands at +20.1%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $37.7 million in 2021.
When compared to Healthcare sector peers including ADVM (-100.0% YoY), OCGN (+8.8% YoY), and CRSP (-88.9% YoY), MGTX has underperformed the peer group in terms of revenue growth. Compare MGTX vs ADVM →
MGTX Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| $27M | -96.2% | +20.1% | -493.4% | ||
| $1M | -100.0% | +32.0% | -13915.9% | ||
| $4M | +8.8% | +152.5% | -1425.7% | ||
| $4M | -88.9% | +37.3% | -16191.4% | ||
| $68M | +16.9% | +3.1% | -651.7% |
MGTX Historical Revenue Data (2016–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $33.3M | +137.4% | $9.5M | 28.5% | $-164,212,000 | -493.4% |
| 2023 | $14.0M | -12.0% | $14.0M | 100.0% | $-137,061,000 | -977.8% |
| 2022 | $15.9M | -57.8% | $15.9M | 100.0% | $-116,355,000 | -730.9% |
| 2021 | $37.7M | +142.2% | $37.7M | 100.0% | $-72,758,000 | -193.0% |
| 2020 | $15.6M | +17.1% | $15.6M | 100.0% | $-62,554,000 | -401.9% |
| 2019 | $13.3M | - | $13.3M | 100.0% | $-58,268,000 | -438.4% |
| 2018 | $0 | - | $-2,052,948 | - | $-78,104,161 | - |
| 2017 | $0 | - | $-679,177 | - | $-31,684,729 | - |
| 2016 | $0 | - | $-243,081 | - | $-20,064,447 | - |
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Start ComparisonMGTX — Frequently Asked Questions
Quick answers to the most common questions about buying MGTX stock.
Is MGTX's revenue growth accelerating or slowing?
MGTX revenue declined -96.2% year-over-year, contrasting with the 5-year CAGR of +20.1%. TTM revenue fell to $27M. This reverses the prior growth trend.
What is MGTX's long-term revenue growth rate?
MeiraGTx Holdings plc's 5-year revenue CAGR of +20.1% reflects the variable expansion pattern. Current YoY growth of -96.2% is below this long-term average.
How is MGTX's revenue distributed by segment?
MGTX reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2016-2024 are available for download. Segment mix reveals concentration and diversification trends.