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Side-by-side financial comparison of EyePoint, Inc. (EYPT) and Valaris Ltd (VAL). Click either name above to swap in a different company.

EyePoint, Inc. is the larger business by last-quarter revenue ($5.3M vs $5.2M, roughly 1.0× Valaris Ltd). Valaris Ltd runs the higher net margin — 13798.1% vs -1114.3%, a 14912.4% gap on every dollar of revenue. On growth, Valaris Ltd posted the faster year-over-year revenue change (405.9% vs -43.7%). Valaris Ltd produced more free cash flow last quarter ($-34.1M vs $-63.8M). Over the past eight quarters, Valaris Ltd's revenue compounded faster (29.5% CAGR vs -40.8%).

EyePoint Pharmaceuticals Inc. is a Watertown, Massachusetts company specialising in the application of microelectromechanical systems (MEMS) and nanotechnology to drug delivery.

Valaris Limited is an offshore drilling contractor headquartered in Houston, Texas, and incorporated in Bermuda. It is the largest offshore drilling and well drilling company in the world. As of February 2025, it owned 52 rigs, including 36 offshore jackup rigs, 11 drillships, and 5 semi-submersible platform drilling rigs.

EYPT vs VAL — Head-to-Head

Bigger by revenue
EYPT
EYPT
1.0× larger
EYPT
$5.3M
$5.2M
VAL
Growing faster (revenue YoY)
VAL
VAL
+449.6% gap
VAL
405.9%
-43.7%
EYPT
Higher net margin
VAL
VAL
14912.4% more per $
VAL
13798.1%
-1114.3%
EYPT
More free cash flow
VAL
VAL
$29.7M more FCF
VAL
$-34.1M
$-63.8M
EYPT
Faster 2-yr revenue CAGR
VAL
VAL
Annualised
VAL
29.5%
-40.8%
EYPT

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
EYPT
EYPT
VAL
VAL
Revenue
$5.3M
$5.2M
Net Profit
$-59.4M
$717.5M
Gross Margin
-7850.0%
Operating Margin
-1166.8%
Net Margin
-1114.3%
13798.1%
Revenue YoY
-43.7%
405.9%
Net Profit YoY
-92.8%
436.6%
EPS (diluted)
$-0.85
$10.13

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
EYPT
EYPT
VAL
VAL
Q4 25
$5.2M
Q3 25
$5.6M
Q2 25
$5.3M
$700.0K
Q1 25
$24.5M
Q4 24
$11.6M
$-1.7M
Q3 24
$10.5M
$3.9M
Q2 24
$9.5M
$4.8M
Q1 24
$11.7M
$2.6M
Net Profit
EYPT
EYPT
VAL
VAL
Q4 25
$717.5M
Q3 25
$188.1M
Q2 25
$-59.4M
$115.1M
Q1 25
$-45.2M
Q4 24
$-41.4M
$133.7M
Q3 24
$-29.4M
$64.6M
Q2 24
$-30.8M
$149.6M
Q1 24
$-29.3M
$25.5M
Gross Margin
EYPT
EYPT
VAL
VAL
Q4 25
-7850.0%
Q3 25
-7142.9%
Q2 25
-56428.6%
Q1 25
Q4 24
24529.4%
Q3 24
93.0%
-11748.7%
Q2 24
85.2%
-9039.6%
Q1 24
93.5%
-17007.7%
Operating Margin
EYPT
EYPT
VAL
VAL
Q4 25
Q3 25
Q2 25
-1166.8%
Q1 25
-199.7%
Q4 24
-390.4%
Q3 24
-311.2%
Q2 24
-364.5%
Q1 24
-285.2%
Net Margin
EYPT
EYPT
VAL
VAL
Q4 25
13798.1%
Q3 25
3358.9%
Q2 25
-1114.3%
16442.9%
Q1 25
-184.8%
Q4 24
-357.3%
-7864.7%
Q3 24
-279.0%
1656.4%
Q2 24
-325.3%
3116.7%
Q1 24
-250.6%
980.8%
EPS (diluted)
EYPT
EYPT
VAL
VAL
Q4 25
$10.13
Q3 25
$2.65
Q2 25
$-0.85
$1.61
Q1 25
$-0.65
Q4 24
$-0.65
$1.86
Q3 24
$-0.54
$0.88
Q2 24
$-0.58
$2.03
Q1 24
$-0.55
$0.35

Balance Sheet & Financial Strength

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

Metric
EYPT
EYPT
VAL
VAL
Cash + ST InvestmentsLiquidity on hand
$255.7M
$599.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$246.0M
$3.2B
Total Assets
$301.1M
$5.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EYPT
EYPT
VAL
VAL
Q4 25
$599.4M
Q3 25
$662.7M
Q2 25
$255.7M
$503.4M
Q1 25
$318.2M
Q4 24
$370.9M
$368.2M
Q3 24
$253.8M
$379.3M
Q2 24
$280.2M
$398.3M
Q1 24
$299.3M
$494.1M
Stockholders' Equity
EYPT
EYPT
VAL
VAL
Q4 25
$3.2B
Q3 25
$2.4B
Q2 25
$246.0M
$2.3B
Q1 25
$298.4M
Q4 24
$336.5M
$2.2B
Q3 24
$218.7M
$2.1B
Q2 24
$228.3M
$2.2B
Q1 24
$249.9M
$2.0B
Total Assets
EYPT
EYPT
VAL
VAL
Q4 25
$5.3B
Q3 25
$4.6B
Q2 25
$301.1M
$4.5B
Q1 25
$362.6M
Q4 24
$418.5M
$4.4B
Q3 24
$300.9M
$4.3B
Q2 24
$324.2M
$4.4B
Q1 24
$329.2M
$4.4B

Cash Flow & Capital Efficiency

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

Metric
EYPT
EYPT
VAL
VAL
Operating Cash FlowLast quarter
$-62.6M
$72.2M
Free Cash FlowOCF − Capex
$-63.8M
$-34.1M
FCF MarginFCF / Revenue
-1196.5%
-655.8%
Capex IntensityCapex / Revenue
22.9%
2044.2%
Cash ConversionOCF / Net Profit
0.10×
TTM Free Cash FlowTrailing 4 quarters
$-194.0M
$159.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EYPT
EYPT
VAL
VAL
Q4 25
$72.2M
Q3 25
$198.1M
Q2 25
$-62.6M
$120.0M
Q1 25
$-53.1M
Q4 24
$-35.8M
$124.6M
Q3 24
$-39.0M
$193.0M
Q2 24
$-20.2M
$11.5M
Q1 24
$-31.2M
$26.3M
Free Cash Flow
EYPT
EYPT
VAL
VAL
Q4 25
$-34.1M
Q3 25
$128.3M
Q2 25
$-63.8M
$52.8M
Q1 25
$-53.4M
Q4 24
$-36.2M
$12.9M
Q3 24
$-40.6M
$111.1M
Q2 24
$-21.1M
$-98.7M
Q1 24
$-32.4M
$-125.0M
FCF Margin
EYPT
EYPT
VAL
VAL
Q4 25
-655.8%
Q3 25
2291.1%
Q2 25
-1196.5%
7542.9%
Q1 25
-218.4%
Q4 24
-312.7%
-758.8%
Q3 24
-385.8%
2848.7%
Q2 24
-222.4%
-2056.3%
Q1 24
-277.0%
-4807.7%
Capex Intensity
EYPT
EYPT
VAL
VAL
Q4 25
2044.2%
Q3 25
1246.4%
Q2 25
22.9%
9600.0%
Q1 25
1.1%
Q4 24
3.3%
-6570.6%
Q3 24
15.0%
2100.0%
Q2 24
9.5%
2295.8%
Q1 24
10.2%
5819.2%
Cash Conversion
EYPT
EYPT
VAL
VAL
Q4 25
0.10×
Q3 25
1.05×
Q2 25
1.04×
Q1 25
Q4 24
0.93×
Q3 24
2.99×
Q2 24
0.08×
Q1 24
1.03×

Financial Flow Comparison

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

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