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Side-by-side financial comparison of Arteris, Inc. (AIP) and RxSight, Inc. (RXST). Click either name above to swap in a different company.
RxSight, Inc. is the larger business by last-quarter revenue ($32.6M vs $20.1M, roughly 1.6× Arteris, Inc.). RxSight, Inc. runs the higher net margin — -28.1% vs -42.2%, a 14.2% gap on every dollar of revenue. On growth, Arteris, Inc. posted the faster year-over-year revenue change (30.0% vs -18.9%). Arteris, Inc. produced more free cash flow last quarter ($3.0M vs $-2.3M). Over the past eight quarters, Arteris, Inc.'s revenue compounded faster (24.7% CAGR vs 5.1%).
Arteris, Inc. is a multinational technology company headquartered in Campbell, California. It develops the network-on-chip (NoC) IP and system-on-chip (SoC) integration automation software that is used to create semiconductor chip and chiplet designs for a variety of devices, particularly in automotive electronics, artificial intelligence, machine learning, enterprise computing, communications, consumer, industrial, and aerospace & defense markets. The company specializes in the development a...
RxSight, Inc. is a medical technology company focused on developing and commercializing innovative intraocular lens solutions for patients undergoing cataract and refractive lens exchange procedures. Its flagship Light Adjustable Lens allows post-surgery power adjustment via a dedicated light delivery device, serving global ophthalmology care markets to improve post-operative visual outcomes for patients.
AIP vs RXST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $20.1M | $32.6M |
| Net Profit | $-8.5M | $-9.2M |
| Gross Margin | 90.8% | 77.5% |
| Operating Margin | -42.0% | -34.8% |
| Net Margin | -42.2% | -28.1% |
| Revenue YoY | 30.0% | -18.9% |
| Net Profit YoY | -3.7% | -54.1% |
| EPS (diluted) | $-0.19 | $-0.22 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $20.1M | $32.6M | ||
| Q3 25 | $17.4M | $30.3M | ||
| Q2 25 | $16.5M | $33.6M | ||
| Q1 25 | $16.5M | $37.9M | ||
| Q4 24 | $15.5M | $40.2M | ||
| Q3 24 | $14.7M | $35.3M | ||
| Q2 24 | $14.6M | $34.9M | ||
| Q1 24 | $12.9M | $29.5M |
| Q4 25 | $-8.5M | $-9.2M | ||
| Q3 25 | $-9.0M | $-9.8M | ||
| Q2 25 | $-9.1M | $-11.8M | ||
| Q1 25 | $-8.1M | $-8.2M | ||
| Q4 24 | $-8.2M | $-5.9M | ||
| Q3 24 | $-7.7M | $-6.3M | ||
| Q2 24 | $-8.3M | $-6.1M | ||
| Q1 24 | $-9.4M | $-9.1M |
| Q4 25 | 90.8% | 77.5% | ||
| Q3 25 | 89.9% | 79.9% | ||
| Q2 25 | 89.4% | 74.9% | ||
| Q1 25 | 90.8% | 74.8% | ||
| Q4 24 | 89.8% | 71.6% | ||
| Q3 24 | 90.1% | 71.4% | ||
| Q2 24 | 90.0% | 69.5% | ||
| Q1 24 | 88.7% | 70.1% |
| Q4 25 | -42.0% | -34.8% | ||
| Q3 25 | -50.1% | -40.1% | ||
| Q2 25 | -50.0% | -41.6% | ||
| Q1 25 | -46.6% | -28.2% | ||
| Q4 24 | -45.9% | -21.5% | ||
| Q3 24 | -53.8% | -26.1% | ||
| Q2 24 | -51.1% | -23.9% | ||
| Q1 24 | -70.5% | -36.2% |
| Q4 25 | -42.2% | -28.1% | ||
| Q3 25 | -51.6% | -32.4% | ||
| Q2 25 | -55.3% | -35.0% | ||
| Q1 25 | -49.1% | -21.6% | ||
| Q4 24 | -53.0% | -14.8% | ||
| Q3 24 | -52.2% | -17.9% | ||
| Q2 24 | -57.2% | -17.4% | ||
| Q1 24 | -72.6% | -30.8% |
| Q4 25 | $-0.19 | $-0.22 | ||
| Q3 25 | $-0.21 | $-0.24 | ||
| Q2 25 | $-0.22 | $-0.29 | ||
| Q1 25 | $-0.20 | $-0.20 | ||
| Q4 24 | $-0.19 | $-0.14 | ||
| Q3 24 | $-0.20 | $-0.16 | ||
| Q2 24 | $-0.22 | $-0.16 | ||
| Q1 24 | $-0.25 | $-0.25 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $33.9M | $228.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-14.6M | $275.7M |
| Total Assets | $115.0M | $311.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $33.9M | $228.1M | ||
| Q3 25 | $39.0M | $227.5M | ||
| Q2 25 | $38.0M | $227.5M | ||
| Q1 25 | $42.3M | $229.3M | ||
| Q4 24 | $43.8M | $237.2M | ||
| Q3 24 | $48.7M | $237.1M | ||
| Q2 24 | $45.8M | $233.3M | ||
| Q1 24 | $44.8M | $125.4M |
| Q4 25 | $-14.6M | $275.7M | ||
| Q3 25 | $-11.4M | $276.0M | ||
| Q2 25 | $-7.5M | $278.0M | ||
| Q1 25 | $-4.8M | $279.3M | ||
| Q4 24 | $-1.2M | $281.2M | ||
| Q3 24 | $2.2M | $277.3M | ||
| Q2 24 | $5.3M | $275.2M | ||
| Q1 24 | $9.5M | $163.9M |
| Q4 25 | $115.0M | $311.8M | ||
| Q3 25 | $107.7M | $308.5M | ||
| Q2 25 | $106.9M | $309.0M | ||
| Q1 25 | $98.3M | $313.0M | ||
| Q4 24 | $106.1M | $318.6M | ||
| Q3 24 | $97.7M | $310.5M | ||
| Q2 24 | $96.4M | $305.5M | ||
| Q1 24 | $101.4M | $183.2M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $3.2M | $-1.1M |
| Free Cash FlowOCF − Capex | $3.0M | $-2.3M |
| FCF MarginFCF / Revenue | 15.1% | -6.9% |
| Capex IntensityCapex / Revenue | 0.7% | 3.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $5.3M | $-19.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.2M | $-1.1M | ||
| Q3 25 | $3.2M | $-1.2M | ||
| Q2 25 | $-2.5M | $-4.4M | ||
| Q1 25 | $2.9M | $-8.8M | ||
| Q4 24 | $-2.6M | $-4.3M | ||
| Q3 24 | $1.1M | $650.0K | ||
| Q2 24 | $311.0K | $-4.0M | ||
| Q1 24 | $477.0K | $-9.3M |
| Q4 25 | $3.0M | $-2.3M | ||
| Q3 25 | $2.5M | $-1.8M | ||
| Q2 25 | $-2.8M | $-5.9M | ||
| Q1 25 | $2.7M | $-9.4M | ||
| Q4 24 | $-2.7M | $-5.1M | ||
| Q3 24 | $1.1M | $-453.0K | ||
| Q2 24 | $264.0K | $-5.5M | ||
| Q1 24 | $281.0K | $-11.3M |
| Q4 25 | 15.1% | -6.9% | ||
| Q3 25 | 14.2% | -5.8% | ||
| Q2 25 | -17.2% | -17.6% | ||
| Q1 25 | 16.2% | -24.8% | ||
| Q4 24 | -17.3% | -12.7% | ||
| Q3 24 | 7.4% | -1.3% | ||
| Q2 24 | 1.8% | -15.9% | ||
| Q1 24 | 2.2% | -38.2% |
| Q4 25 | 0.7% | 3.5% | ||
| Q3 25 | 4.1% | 1.9% | ||
| Q2 25 | 2.2% | 4.6% | ||
| Q1 25 | 1.1% | 1.5% | ||
| Q4 24 | 0.3% | 2.1% | ||
| Q3 24 | 0.2% | 3.1% | ||
| Q2 24 | 0.3% | 4.4% | ||
| Q1 24 | 1.5% | 6.7% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AIP
| License And Maintenance | $17.5M | 87% |
| Variable Royalties And Other | $2.6M | 13% |
RXST
| Rxlal | $28.2M | 86% |
| LDD | $3.0M | 9% |
| Service Warranty Service Contracts And Accessories | $1.5M | 4% |