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Side-by-side financial comparison of BGSF, INC. (BGSF) and LENSAR, Inc. (LNSR). Click either name above to swap in a different company.
BGSF, INC. is the larger business by last-quarter revenue ($22.0M vs $14.3M, roughly 1.5× LENSAR, Inc.). BGSF, INC. runs the higher net margin — -5.3% vs -10.2%, a 4.9% gap on every dollar of revenue. On growth, LENSAR, Inc. posted the faster year-over-year revenue change (-3.3% vs -9.4%). Over the past eight quarters, LENSAR, Inc.'s revenue compounded faster (28.8% CAGR vs -5.3%).
BGSF Inc. is a leading U.S.-headquartered workforce solutions firm that provides tailored staffing, talent recruitment, and end-to-end workforce management services. It serves core segments including information technology, healthcare, professional administration, light industrial, and creative industries, catering to small, mid-sized and large enterprise clients across North America.
LENSAR, Inc. is a medical technology company specializing in the development and commercialization of advanced ophthalmic surgical systems. Its proprietary augmented reality-enabled devices deliver high precision for cataract surgery and refractive lens exchange procedures, distributed to ophthalmology clinics, surgical centers and hospitals across North America, Europe and key Asia-Pacific markets.
BGSF vs LNSR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $22.0M | $14.3M |
| Net Profit | $-1.2M | $-1.5M |
| Gross Margin | 35.0% | 36.6% |
| Operating Margin | -17.6% | -34.3% |
| Net Margin | -5.3% | -10.2% |
| Revenue YoY | -9.4% | -3.3% |
| Net Profit YoY | -18.2% | 92.2% |
| EPS (diluted) | $-0.12 | $-0.09 |
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 | $22.0M | $14.3M | ||
| Q3 25 | $26.9M | $12.8M | ||
| Q2 25 | $23.5M | $12.3M | ||
| Q1 25 | $20.9M | $12.3M | ||
| Q4 24 | $24.3M | $14.8M | ||
| Q3 24 | $29.8M | $11.8M | ||
| Q2 24 | $25.7M | $10.7M | ||
| Q1 24 | $24.5M | $8.6M |
| Q4 25 | $-1.2M | $-1.5M | ||
| Q3 25 | $-5.8M | $-3.7M | ||
| Q2 25 | $-3.7M | $-1.8M | ||
| Q1 25 | $-722.0K | $-27.3M | ||
| Q4 24 | $-981.0K | $-18.7M | ||
| Q3 24 | $-804.0K | $-1.5M | ||
| Q2 24 | $-761.0K | $-9.0M | ||
| Q1 24 | $-792.0K | $-2.2M |
| Q4 25 | 35.0% | 36.6% | ||
| Q3 25 | 35.9% | 35.1% | ||
| Q2 25 | 35.8% | 43.8% | ||
| Q1 25 | 36.2% | 42.7% | ||
| Q4 24 | 35.9% | 35.1% | ||
| Q3 24 | 35.9% | 38.4% | ||
| Q2 24 | 37.3% | 45.5% | ||
| Q1 24 | 38.1% | 43.0% |
| Q4 25 | -17.6% | -34.3% | ||
| Q3 25 | -3.5% | -59.4% | ||
| Q2 25 | -18.8% | -51.2% | ||
| Q1 25 | 1.6% | -47.2% | ||
| Q4 24 | -15.7% | -8.7% | ||
| Q3 24 | -3.4% | -10.5% | ||
| Q2 24 | -5.7% | -49.4% | ||
| Q1 24 | 1.7% | -33.0% |
| Q4 25 | -5.3% | -10.2% | ||
| Q3 25 | -21.6% | -29.1% | ||
| Q2 25 | -15.9% | -14.4% | ||
| Q1 25 | -3.5% | -222.8% | ||
| Q4 24 | -4.0% | -126.2% | ||
| Q3 24 | -2.7% | -12.7% | ||
| Q2 24 | -3.0% | -84.6% | ||
| Q1 24 | -3.2% | -25.0% |
| Q4 25 | $-0.12 | $-0.09 | ||
| Q3 25 | $-0.52 | $-0.31 | ||
| Q2 25 | $-0.34 | $-0.15 | ||
| Q1 25 | $-0.06 | $-2.32 | ||
| Q4 24 | — | $-1.62 | ||
| Q3 24 | $-0.07 | $-0.13 | ||
| Q2 24 | $-0.07 | $-0.79 | ||
| Q1 24 | — | $-0.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $18.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $48.1M | $-26.0M |
| Total Assets | $57.8M | $71.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $18.0M | ||
| Q3 25 | $41.2M | $16.9M | ||
| Q2 25 | $2.8M | $20.3M | ||
| Q1 25 | $2.0M | $25.2M | ||
| Q4 24 | $32.0K | $22.5M | ||
| Q3 24 | $262 | $18.1M | ||
| Q2 24 | $226 | $14.2M | ||
| Q1 24 | $50 | $17.9M |
| Q4 25 | $48.1M | $-26.0M | ||
| Q3 25 | $50.7M | $-25.9M | ||
| Q2 25 | $78.3M | $-23.1M | ||
| Q1 25 | $81.8M | $-22.1M | ||
| Q4 24 | $82.3M | $4.9M | ||
| Q3 24 | $82.9M | $22.7M | ||
| Q2 24 | $83.2M | $23.6M | ||
| Q1 24 | $83.6M | $31.8M |
| Q4 25 | $57.8M | $71.4M | ||
| Q3 25 | $83.6M | $70.2M | ||
| Q2 25 | $149.7M | $70.4M | ||
| Q1 25 | $152.3M | $73.0M | ||
| Q4 24 | $150.1M | $66.3M | ||
| Q3 24 | $157.3K | $62.0M | ||
| Q2 24 | $159.8K | $61.4M | ||
| Q1 24 | $170.6K | $66.1M |
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 | $1.7M | $618.0K |
| Free Cash FlowOCF − Capex | $1.7M | — |
| FCF MarginFCF / Revenue | 7.6% | — |
| Capex IntensityCapex / Revenue | 0.1% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-16.0K | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7M | $618.0K | ||
| Q3 25 | $-4.8M | $-3.5M | ||
| Q2 25 | $2.2M | $-5.0M | ||
| Q1 25 | $1.1M | $-6.9M | ||
| Q4 24 | $3.2M | $3.7M | ||
| Q3 24 | $6.5M | $3.2M | ||
| Q2 24 | $7.3M | $-3.8M | ||
| Q1 24 | $7.4M | $-5.3M |
| Q4 25 | $1.7M | — | ||
| Q3 25 | $-4.9M | — | ||
| Q2 25 | $2.1M | $-5.1M | ||
| Q1 25 | $1.0M | $-6.9M | ||
| Q4 24 | $2.5M | $3.7M | ||
| Q3 24 | $6.5M | $3.1M | ||
| Q2 24 | $7.3M | $-3.9M | ||
| Q1 24 | $6.9M | $-5.3M |
| Q4 25 | 7.6% | — | ||
| Q3 25 | -18.1% | — | ||
| Q2 25 | 9.1% | -41.3% | ||
| Q1 25 | 5.0% | -56.6% | ||
| Q4 24 | 10.2% | 24.7% | ||
| Q3 24 | 21.7% | 26.5% | ||
| Q2 24 | 28.5% | -36.4% | ||
| Q1 24 | 28.1% | -61.6% |
| Q4 25 | 0.1% | 0.0% | ||
| Q3 25 | 0.4% | 0.0% | ||
| Q2 25 | 0.0% | 0.6% | ||
| Q1 25 | 0.1% | 0.0% | ||
| Q4 24 | 3.0% | 0.0% | ||
| Q3 24 | 0.0% | 0.2% | ||
| Q2 24 | 0.0% | 1.1% | ||
| Q1 24 | 2.0% | 0.2% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BGSF
| Contract Field Talent | $21.4M | 97% |
| Other | $595.0K | 3% |
LNSR
| Products | $12.7M | 89% |
| Services | $1.6M | 11% |
