vs

Side-by-side financial comparison of DYNEX CAPITAL INC (DX) 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 $43.5M, roughly 1.1× DYNEX CAPITAL INC). On growth, DYNEX CAPITAL INC posted the faster year-over-year revenue change (531.3% vs -35.8%). Over the past eight quarters, DYNEX CAPITAL INC's revenue compounded faster (75.8% CAGR vs -18.4%).

Dynex Capital Inc. is a publicly traded real estate investment trust headquartered in the United States. It specializes in investing in and managing a diversified portfolio of mortgage-backed securities, residential and commercial mortgage loans, and other mortgage-related assets. It delivers consistent returns to shareholders via regular dividends and long-term capital growth.

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.

DX vs STAA — Head-to-Head

Bigger by revenue
STAA
STAA
1.1× larger
STAA
$49.0M
$43.5M
DX
Growing faster (revenue YoY)
DX
DX
+567.1% gap
DX
531.3%
-35.8%
STAA
Faster 2-yr revenue CAGR
DX
DX
Annualised
DX
75.8%
-18.4%
STAA

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
DX
DX
STAA
STAA
Revenue
$43.5M
$49.0M
Net Profit
$-34.2M
Gross Margin
64.7%
Operating Margin
-57.0%
Net Margin
-69.9%
Revenue YoY
531.3%
-35.8%
Net Profit YoY
-541.3%
EPS (diluted)
$1.59
$-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
DX
DX
STAA
STAA
Q4 25
$43.5M
Q3 25
$30.6M
Q2 25
$23.1M
Q1 25
$17.1M
Q4 24
$49.0M
Q3 24
$88.6M
Q2 24
$99.0M
Q1 24
$-3.2M
$77.4M
Net Profit
DX
DX
STAA
STAA
Q4 25
Q3 25
$150.4M
Q2 25
$-13.6M
Q1 25
$-3.1M
Q4 24
$-34.2M
Q3 24
$10.0M
Q2 24
$7.4M
Q1 24
$40.1M
$-3.3M
Gross Margin
DX
DX
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
DX
DX
STAA
STAA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-57.0%
Q3 24
6.4%
Q2 24
12.0%
Q1 24
-2.9%
Net Margin
DX
DX
STAA
STAA
Q4 25
Q3 25
491.3%
Q2 25
-58.8%
Q1 25
-18.0%
Q4 24
-69.9%
Q3 24
11.3%
Q2 24
7.5%
Q1 24
-1256.8%
-4.3%
EPS (diluted)
DX
DX
STAA
STAA
Q4 25
$1.59
Q3 25
$1.08
Q2 25
$-0.14
Q1 25
$-0.06
Q4 24
$-0.69
Q3 24
$0.20
Q2 24
$0.15
Q1 24
$0.64
$-0.07

Balance Sheet & Financial Strength

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

Metric
DX
DX
STAA
STAA
Cash + ST InvestmentsLiquidity on hand
$531.0M
$230.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.5B
$397.3M
Total Assets
$17.3B
$509.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DX
DX
STAA
STAA
Q4 25
$531.0M
Q3 25
$491.0M
Q2 25
$387.5M
Q1 25
$327.4M
Q4 24
$230.5M
Q3 24
$236.0M
Q2 24
$235.2M
Q1 24
$295.7M
$245.1M
Stockholders' Equity
DX
DX
STAA
STAA
Q4 25
$2.5B
Q3 25
$2.0B
Q2 25
$1.6B
Q1 25
$1.4B
Q4 24
$397.3M
Q3 24
$428.1M
Q2 24
$409.1M
Q1 24
$958.5M
$392.8M
Total Assets
DX
DX
STAA
STAA
Q4 25
$17.3B
Q3 25
$14.2B
Q2 25
$11.3B
Q1 25
$9.0B
Q4 24
$509.5M
Q3 24
$537.6M
Q2 24
$512.7M
Q1 24
$6.3B
$492.5M

Cash Flow & Capital Efficiency

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

Metric
DX
DX
STAA
STAA
Operating Cash FlowLast quarter
$120.8M
$642.0K
Free Cash FlowOCF − Capex
$-5.1M
FCF MarginFCF / Revenue
-10.4%
Capex IntensityCapex / Revenue
11.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-7.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DX
DX
STAA
STAA
Q4 25
$120.8M
Q3 25
$68.3M
Q2 25
$31.9M
Q1 25
$6.4M
Q4 24
$642.0K
Q3 24
$3.8M
Q2 24
$-10.4M
Q1 24
$-17.1M
$21.7M
Free Cash Flow
DX
DX
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
DX
DX
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
DX
DX
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
DX
DX
STAA
STAA
Q4 25
Q3 25
0.45×
Q2 25
Q1 25
Q4 24
Q3 24
0.38×
Q2 24
-1.41×
Q1 24
-0.43×

Financial Flow Comparison

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

Related Comparisons