vs

Side-by-side financial comparison of BGSF, INC. (BGSF) and OCULAR THERAPEUTIX, INC (OCUL). Click either name above to swap in a different company.

BGSF, INC. is the larger business by last-quarter revenue ($22.0M vs $13.3M, roughly 1.7× OCULAR THERAPEUTIX, INC). BGSF, INC. runs the higher net margin — -5.3% vs -488.0%, a 482.7% gap on every dollar of revenue. On growth, BGSF, INC. posted the faster year-over-year revenue change (-9.4% vs -22.4%). BGSF, INC. produced more free cash flow last quarter ($1.7M vs $-57.1M). Over the past eight quarters, BGSF, INC.'s revenue compounded faster (-5.3% 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.

Ocular Therapeutix, Inc. is a biopharmaceutical firm specializing in developing and commercializing innovative ophthalmic therapies. Its products treat acute and chronic eye conditions including post-surgical pain, glaucoma, and dry eye, serving patients and ophthalmology providers primarily across the U.S. and select global markets.

BGSF vs OCUL — Head-to-Head

Bigger by revenue
BGSF
BGSF
1.7× larger
BGSF
$22.0M
$13.3M
OCUL
Growing faster (revenue YoY)
BGSF
BGSF
+13.1% gap
BGSF
-9.4%
-22.4%
OCUL
Higher net margin
BGSF
BGSF
482.7% more per $
BGSF
-5.3%
-488.0%
OCUL
More free cash flow
BGSF
BGSF
$58.8M more FCF
BGSF
$1.7M
$-57.1M
OCUL
Faster 2-yr revenue CAGR
BGSF
BGSF
Annualised
BGSF
-5.3%
-5.3%
OCUL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BGSF
BGSF
OCUL
OCUL
Revenue
$22.0M
$13.3M
Net Profit
$-1.2M
$-64.7M
Gross Margin
35.0%
88.0%
Operating Margin
-17.6%
-526.5%
Net Margin
-5.3%
-488.0%
Revenue YoY
-9.4%
-22.4%
Net Profit YoY
-18.2%
-33.6%
EPS (diluted)
$-0.12
$-0.27

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
BGSF
BGSF
OCUL
OCUL
Q4 25
$22.0M
$13.3M
Q3 25
$26.9M
$14.5M
Q2 25
$23.5M
$13.5M
Q1 25
$20.9M
$10.7M
Q4 24
$24.3M
$17.1M
Q3 24
$29.8M
$15.4M
Q2 24
$25.7M
$16.4M
Q1 24
$24.5M
$14.8M
Net Profit
BGSF
BGSF
OCUL
OCUL
Q4 25
$-1.2M
$-64.7M
Q3 25
$-5.8M
$-69.4M
Q2 25
$-3.7M
$-67.8M
Q1 25
$-722.0K
$-64.1M
Q4 24
$-981.0K
$-48.4M
Q3 24
$-804.0K
$-36.5M
Q2 24
$-761.0K
$-43.8M
Q1 24
$-792.0K
$-64.8M
Gross Margin
BGSF
BGSF
OCUL
OCUL
Q4 25
35.0%
88.0%
Q3 25
35.9%
87.8%
Q2 25
35.8%
85.6%
Q1 25
36.2%
88.2%
Q4 24
35.9%
92.8%
Q3 24
35.9%
89.9%
Q2 24
37.3%
90.8%
Q1 24
38.1%
91.0%
Operating Margin
BGSF
BGSF
OCUL
OCUL
Q4 25
-17.6%
-526.5%
Q3 25
-3.5%
-472.3%
Q2 25
-18.8%
-502.6%
Q1 25
1.6%
-597.5%
Q4 24
-15.7%
-296.1%
Q3 24
-3.4%
-298.2%
Q2 24
-5.7%
-265.1%
Q1 24
1.7%
-214.0%
Net Margin
BGSF
BGSF
OCUL
OCUL
Q4 25
-5.3%
-488.0%
Q3 25
-21.6%
-477.3%
Q2 25
-15.9%
-503.9%
Q1 25
-3.5%
-598.7%
Q4 24
-4.0%
-283.3%
Q3 24
-2.7%
-236.6%
Q2 24
-3.0%
-266.3%
Q1 24
-3.2%
-438.9%
EPS (diluted)
BGSF
BGSF
OCUL
OCUL
Q4 25
$-0.12
$-0.27
Q3 25
$-0.52
$-0.38
Q2 25
$-0.34
$-0.39
Q1 25
$-0.06
$-0.38
Q4 24
$-0.25
Q3 24
$-0.07
$-0.22
Q2 24
$-0.07
$-0.26
Q1 24
$-0.49

Balance Sheet & Financial Strength

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

Metric
BGSF
BGSF
OCUL
OCUL
Cash + ST InvestmentsLiquidity on hand
$737.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$48.1M
$654.3M
Total Assets
$57.8M
$808.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BGSF
BGSF
OCUL
OCUL
Q4 25
$737.1M
Q3 25
$41.2M
$344.8M
Q2 25
$2.8M
$391.1M
Q1 25
$2.0M
$349.7M
Q4 24
$32.0K
$392.1M
Q3 24
$262
$427.2M
Q2 24
$226
$459.7M
Q1 24
$50
$482.9M
Stockholders' Equity
BGSF
BGSF
OCUL
OCUL
Q4 25
$48.1M
$654.3M
Q3 25
$50.7M
$258.2M
Q2 25
$78.3M
$305.9M
Q1 25
$81.8M
$265.9M
Q4 24
$82.3M
$315.3M
Q3 24
$82.9M
$352.0M
Q2 24
$83.2M
$377.7M
Q1 24
$83.6M
$408.0M
Total Assets
BGSF
BGSF
OCUL
OCUL
Q4 25
$57.8M
$808.1M
Q3 25
$83.6M
$410.9M
Q2 25
$149.7M
$451.3M
Q1 25
$152.3M
$405.9M
Q4 24
$150.1M
$457.9M
Q3 24
$157.3K
$490.4M
Q2 24
$159.8K
$517.1M
Q1 24
$170.6K
$538.9M

Cash Flow & Capital Efficiency

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

Metric
BGSF
BGSF
OCUL
OCUL
Operating Cash FlowLast quarter
$1.7M
$-54.2M
Free Cash FlowOCF − Capex
$1.7M
$-57.1M
FCF MarginFCF / Revenue
7.6%
-430.9%
Capex IntensityCapex / Revenue
0.1%
21.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-16.0K
$-216.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BGSF
BGSF
OCUL
OCUL
Q4 25
$1.7M
$-54.2M
Q3 25
$-4.8M
$-50.7M
Q2 25
$2.2M
$-55.2M
Q1 25
$1.1M
$-44.7M
Q4 24
$3.2M
$-39.4M
Q3 24
$6.5M
$-36.6M
Q2 24
$7.3M
$-24.8M
Q1 24
$7.4M
$-33.9M
Free Cash Flow
BGSF
BGSF
OCUL
OCUL
Q4 25
$1.7M
$-57.1M
Q3 25
$-4.9M
$-56.7M
Q2 25
$2.1M
$-56.5M
Q1 25
$1.0M
$-46.6M
Q4 24
$2.5M
$-39.6M
Q3 24
$6.5M
$-36.6M
Q2 24
$7.3M
$-25.5M
Q1 24
$6.9M
$-34.1M
FCF Margin
BGSF
BGSF
OCUL
OCUL
Q4 25
7.6%
-430.9%
Q3 25
-18.1%
-390.0%
Q2 25
9.1%
-419.7%
Q1 25
5.0%
-435.6%
Q4 24
10.2%
-232.0%
Q3 24
21.7%
-237.6%
Q2 24
28.5%
-155.4%
Q1 24
28.1%
-231.1%
Capex Intensity
BGSF
BGSF
OCUL
OCUL
Q4 25
0.1%
21.4%
Q3 25
0.4%
41.2%
Q2 25
0.0%
9.3%
Q1 25
0.1%
18.1%
Q4 24
3.0%
1.2%
Q3 24
0.0%
0.6%
Q2 24
0.0%
4.5%
Q1 24
2.0%
1.7%

Financial Flow Comparison

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

Revenue Breakdown by Segment

BGSF
BGSF

Contract Field Talent$21.4M97%
Other$595.0K3%

OCUL
OCUL

Segment breakdown not available.

Related Comparisons