SequelSEC

RxSight, Inc. RXST

Ophthalmic Goods · CIK 0001111485 · Fiscal year ends 1231

Revenue
$134.48M
Fiscal year ended 2025-12-31
Operating income
-$48.19M
Fiscal year ended 2025-12-31
Free cash flow
-$19.34M
Fiscal year ended 2025-12-31

Valuation, from the filing

Public float$503.80MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$12.21Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / revenue3.7×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity1.8×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

How this compares in its industry

Percentile among the Ophthalmic Goods filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Current ratio10.95x100th
Gross margin76.6%100th
Revenue YoY growth-3.9%17th
SBC / revenue23.5%83th
Operating margin-35.8%20th
CapEx / revenue2.8%33th
FCF margin-14.4%33th
Net margin-29.0%33th

RxSight, Inc. (RXST) reported revenue of $134.48M and net income of -$38.94M for the fiscal year ended 2025-12-31. This page shows 6 annual periods of income statement, balance sheet and cash flow figures normalized from RxSight, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Ophthalmic Goods.

Income

RxSight, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Revenue$134.48M$139.93M$89.08M$49.00M$22.59M$14.68M
Cost of revenue$31.47M$40.98M$35.31M$27.68M$18.08M$12.97M
Gross profit$103.01M$98.94M$53.76M$21.33M$4.52M$1.70M
Operating income-$48.19M-$36.86M-$50.08M-$63.32M-$52.79M-$35.41M
Net income-$38.94M-$27.46M-$48.61M-$66.76M-$48.69M$27.58M
Research & development$38.55M$34.37M$29.05M$25.98M$24.50M$21.93M
Weighted-average diluted sharesshares 40.85Mshares 38.87Mshares 34.46Mshares 27.66Mshares 13.63Mshares 5.53M
Pretax income-$38.88M-$27.40M-$48.59M-$66.75M-$48.68M$27.63M
Income tax expense$66.00K$50.00K$20.00K$9.00K$8.00K$57.00K
Diluted EPS$-0.95$-0.71$-1.41$-2.41$-3.57$0.15
Selling, general & administrative$112.65M$101.43M$74.80M$58.66M$32.80M$15.18M
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

RxSight, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Cash & equivalents$19.95M$16.71M$9.69M$11.83M$24.36M$13.99M
Total assets$311.81M$318.56M$182.55M$150.16M$192.72M$100.68M
Current assets$287.46M$293.82M$168.41M$134.56M$176.30M$81.50M
Total liabilities$36.13M$37.32M$22.19M$60.26M$54.48M$44.91M
Current liabilities$26.25M$25.88M$20.90M$17.24M$11.08M$11.60M
Total equity incl. NCI$275.68M$281.24M$160.36M$89.90M$138.24M-$430.59M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailable$0$353.30M
Inventory$31.56M$22.01M$17.42M$14.84M$8.03M$8.29M
Accounts receivable$23.38M$30.05M$20.28M$10.96M$4.86M$2.86M
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailable$0$40.17M$39.76M$24.40M
Accounts payable$5.30M$4.54M$3.86M$2.60M$1.69M$1.13M

Cash flow

RxSight, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Operating cash flow-$15.51M-$16.95M-$41.59M-$58.85M-$44.71M-$35.20M
Capital expenditures$3.83M$5.44M$4.81M$2.39M$1.94M$2.54M
Investing cash flow$16.89M-$99.31M-$22.13M$39.95M-$81.91M$15.59M
Financing cash flow$1.86M$123.32M$61.52M$6.33M$137.34M$25.24M
Net change in cash$3.24M$7.05M-$2.19M-$12.58M$10.72M$5.62M
Stock-based compensation$31.61M$24.64M$15.75M$11.40M$7.58M$4.18M
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$3.27M$3.58M$4.08M$3.88M$3.98M$3.85M

Derived

RxSight, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-31
Free cash flow-$19.34M-$22.39M-$46.41M-$61.24M-$46.65M-$37.74M
Gross margin76.6%70.7%60.4%43.5%20.0%11.6%
Operating margin-35.8%-26.3%-56.2%-129.2%-233.6%-241.3%
FCF margin-14.4%-16.0%-52.1%-125.0%-206.5%-257.1%
SBC / revenue23.5%17.6%17.7%23.3%33.5%28.5%
Current ratio10.95x11.36x8.06x7.81x15.92x7.03x
Revenue YoY growth-3.9%57.1%81.8%116.9%53.9%Unavailable
Net margin-29.0%-19.6%-54.6%-136.2%-215.5%187.9%
R&D / revenue28.7%24.6%32.6%53.0%108.4%149.4%
CapEx / revenue2.8%3.9%5.4%4.9%8.6%17.3%
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailable0.2%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open RXST in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-05View SEC filing
10-Q · Filed 2026-05-06View SEC filing
10-K · Filed 2026-02-25View SEC filing
10-Q · Filed 2025-11-05View SEC filing
10-Q · Filed 2025-08-07View SEC filing
10-Q · Filed 2025-05-07View SEC filing

Companies in the same industry

Reconciliation checks needing review

1 period on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

balance equationreview2020-12-31

Difference 133062000 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.