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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

Bigger by revenue
RXST
RXST
1.6× larger
RXST
$32.6M
$20.1M
AIP
Growing faster (revenue YoY)
AIP
AIP
+48.9% gap
AIP
30.0%
-18.9%
RXST
Higher net margin
RXST
RXST
14.2% more per $
RXST
-28.1%
-42.2%
AIP
More free cash flow
AIP
AIP
$5.3M more FCF
AIP
$3.0M
$-2.3M
RXST
Faster 2-yr revenue CAGR
AIP
AIP
Annualised
AIP
24.7%
5.1%
RXST

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AIP
AIP
RXST
RXST
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.

Revenue
AIP
AIP
RXST
RXST
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
Net Profit
AIP
AIP
RXST
RXST
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
Gross Margin
AIP
AIP
RXST
RXST
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%
Operating Margin
AIP
AIP
RXST
RXST
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%
Net Margin
AIP
AIP
RXST
RXST
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%
EPS (diluted)
AIP
AIP
RXST
RXST
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
AIP
AIP
RXST
RXST
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.

Cash + ST Investments
AIP
AIP
RXST
RXST
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
Stockholders' Equity
AIP
AIP
RXST
RXST
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
Total Assets
AIP
AIP
RXST
RXST
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
AIP
AIP
RXST
RXST
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.

Operating Cash Flow
AIP
AIP
RXST
RXST
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
Free Cash Flow
AIP
AIP
RXST
RXST
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
FCF Margin
AIP
AIP
RXST
RXST
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%
Capex Intensity
AIP
AIP
RXST
RXST
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
AIP

License And Maintenance$17.5M87%
Variable Royalties And Other$2.6M13%

RXST
RXST

Rxlal$28.2M86%
LDD$3.0M9%
Service Warranty Service Contracts And Accessories$1.5M4%

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