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Side-by-side financial comparison of BATTALION OIL CORP (BATL) and STAAR SURGICAL CO (STAA). Click either name above to swap in a different company.

STAAR SURGICAL CO is the larger business by last-quarter revenue ($49.0M vs $31.6M, roughly 1.5× BATTALION OIL CORP). BATTALION OIL CORP runs the higher net margin — 5.7% vs -69.9%, a 75.6% gap on every dollar of revenue. On growth, STAAR SURGICAL CO posted the faster year-over-year revenue change (-35.8% vs -36.1%). Over the past eight quarters, STAAR SURGICAL CO's revenue compounded faster (-18.4% CAGR vs -20.1%).

Battalion Oil Corp is an independent energy company engaged in the exploration, development, and production of crude oil, natural gas, and natural gas liquids. It primarily operates assets in the Eagle Ford Shale region of South Texas, serving commercial and industrial clients across North American energy markets.

STAAR Surgical Co is a global ophthalmic medical device firm. It designs, makes and sells implantable collamer lenses (ICLs) for minimally invasive vision correction, plus supporting surgical products for ophthalmologists across North America, Europe, Asia Pacific and other key regional markets.

BATL vs STAA — Head-to-Head

Bigger by revenue
STAA
STAA
1.5× larger
STAA
$49.0M
$31.6M
BATL
Growing faster (revenue YoY)
STAA
STAA
+0.3% gap
STAA
-35.8%
-36.1%
BATL
Higher net margin
BATL
BATL
75.6% more per $
BATL
5.7%
-69.9%
STAA
Faster 2-yr revenue CAGR
STAA
STAA
Annualised
STAA
-18.4%
-20.1%
BATL

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
BATL
BATL
STAA
STAA
Revenue
$31.6M
$49.0M
Net Profit
$1.8M
$-34.2M
Gross Margin
64.7%
Operating Margin
-33.8%
-57.0%
Net Margin
5.7%
-69.9%
Revenue YoY
-36.1%
-35.8%
Net Profit YoY
108.1%
-541.3%
EPS (diluted)
$-0.77
$-0.69

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
BATL
BATL
STAA
STAA
Q4 25
$31.6M
Q3 25
$43.4M
Q2 25
$42.6M
Q1 25
$47.4M
Q4 24
$49.5M
$49.0M
Q3 24
$45.1M
$88.6M
Q2 24
$49.1M
$99.0M
Q1 24
$49.5M
$77.4M
Net Profit
BATL
BATL
STAA
STAA
Q4 25
$1.8M
Q3 25
$-735.0K
Q2 25
$4.8M
Q1 25
$6.0M
Q4 24
$-22.2M
$-34.2M
Q3 24
$21.6M
$10.0M
Q2 24
$-105.0K
$7.4M
Q1 24
$-31.2M
$-3.3M
Gross Margin
BATL
BATL
STAA
STAA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
64.7%
Q3 24
77.3%
Q2 24
79.2%
Q1 24
78.9%
Operating Margin
BATL
BATL
STAA
STAA
Q4 25
-33.8%
Q3 25
1.9%
Q2 25
-0.4%
Q1 25
7.2%
Q4 24
-36.2%
-57.0%
Q3 24
2.3%
6.4%
Q2 24
10.4%
12.0%
Q1 24
0.0%
-2.9%
Net Margin
BATL
BATL
STAA
STAA
Q4 25
5.7%
Q3 25
-1.7%
Q2 25
11.3%
Q1 25
12.7%
Q4 24
-44.9%
-69.9%
Q3 24
48.0%
11.3%
Q2 24
-0.2%
7.5%
Q1 24
-63.0%
-4.3%
EPS (diluted)
BATL
BATL
STAA
STAA
Q4 25
$-0.77
Q3 25
$-0.91
Q2 25
$-0.21
Q1 25
$-0.35
Q4 24
$-1.47
$-0.69
Q3 24
$0.34
$0.20
Q2 24
$-0.53
$0.15
Q1 24
$-2.24
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BATL
BATL
STAA
STAA
Cash + ST InvestmentsLiquidity on hand
$28.0M
$230.5M
Total DebtLower is stronger
$208.1M
Stockholders' EquityBook value
$-32.8M
$397.3M
Total Assets
$460.7M
$509.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BATL
BATL
STAA
STAA
Q4 25
$28.0M
Q3 25
$50.5M
Q2 25
$44.6M
Q1 25
$73.6M
Q4 24
$19.7M
$230.5M
Q3 24
$29.8M
$236.0M
Q2 24
$54.4M
$235.2M
Q1 24
$48.9M
$245.1M
Total Debt
BATL
BATL
STAA
STAA
Q4 25
$208.1M
Q3 25
$213.8M
Q2 25
$219.4M
Q1 25
$225.1M
Q4 24
$162.1M
Q3 24
$147.8M
Q2 24
$160.4M
Q1 24
$190.2M
Stockholders' Equity
BATL
BATL
STAA
STAA
Q4 25
$-32.8M
Q3 25
$-20.3M
Q2 25
$-5.2M
Q1 25
$-1.8M
Q4 24
$4.1M
$397.3M
Q3 24
$35.0M
$428.1M
Q2 24
$22.7M
$409.1M
Q1 24
$31.3M
$392.8M
Total Assets
BATL
BATL
STAA
STAA
Q4 25
$460.7M
Q3 25
$491.7M
Q2 25
$498.8M
Q1 25
$506.2M
Q4 24
$431.0M
$509.5M
Q3 24
$458.0M
$537.6M
Q2 24
$487.3M
$512.7M
Q1 24
$488.6M
$492.5M
Debt / Equity
BATL
BATL
STAA
STAA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
39.35×
Q3 24
4.23×
Q2 24
7.07×
Q1 24
6.07×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BATL
BATL
STAA
STAA
Operating Cash FlowLast quarter
$-11.8M
$642.0K
Free Cash FlowOCF − Capex
$-5.1M
FCF MarginFCF / Revenue
-10.4%
Capex IntensityCapex / Revenue
11.7%
Cash ConversionOCF / Net Profit
-6.58×
TTM Free Cash FlowTrailing 4 quarters
$-7.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BATL
BATL
STAA
STAA
Q4 25
$-11.8M
Q3 25
$28.0M
Q2 25
$10.2M
Q1 25
$12.7M
Q4 24
$6.7M
$642.0K
Q3 24
$-5.1M
$3.8M
Q2 24
$29.8M
$-10.4M
Q1 24
$3.9M
$21.7M
Free Cash Flow
BATL
BATL
STAA
STAA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$-5.1M
Q3 24
$-2.4M
Q2 24
$-16.6M
Q1 24
$16.5M
FCF Margin
BATL
BATL
STAA
STAA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-10.4%
Q3 24
-2.7%
Q2 24
-16.8%
Q1 24
21.3%
Capex Intensity
BATL
BATL
STAA
STAA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
11.7%
Q3 24
7.0%
Q2 24
6.3%
Q1 24
6.7%
Cash Conversion
BATL
BATL
STAA
STAA
Q4 25
-6.58×
Q3 25
Q2 25
2.13×
Q1 25
2.11×
Q4 24
Q3 24
-0.23×
0.38×
Q2 24
-1.41×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BATL
BATL

Oil$28.6M91%
Natural Gas Liquids Reserves$3.9M12%

STAA
STAA

Segment breakdown not available.

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