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Side-by-side financial comparison of FREQUENCY ELECTRONICS INC (FEIM) and RxSight, Inc. (RXST). Click either name above to swap in a different company.
RxSight, Inc. is the larger business by last-quarter revenue ($32.6M vs $17.1M, roughly 1.9× FREQUENCY ELECTRONICS INC). FREQUENCY ELECTRONICS INC runs the higher net margin — 10.5% vs -28.1%, a 38.6% gap on every dollar of revenue. On growth, FREQUENCY ELECTRONICS INC posted the faster year-over-year revenue change (8.3% vs -18.9%). FREQUENCY ELECTRONICS INC produced more free cash flow last quarter ($-1.1M vs $-2.3M). Over the past eight quarters, FREQUENCY ELECTRONICS INC's revenue compounded faster (11.8% CAGR vs 5.1%).
Ultra Electronics Holdings is a British defence and security company. It was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until it was acquired by Cobham, which is itself owned by Advent International.
RxSight, Inc. is a medical technology company focused on developing and commercializing innovative intraocular lens solutions for patients undergoing cataract and refractive lens exchange procedures. Its flagship Light Adjustable Lens allows post-surgery power adjustment via a dedicated light delivery device, serving global ophthalmology care markets to improve post-operative visual outcomes for patients.
FEIM vs RXST — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $17.1M | $32.6M |
| Net Profit | $1.8M | $-9.2M |
| Gross Margin | 38.2% | 77.5% |
| Operating Margin | 10.0% | -34.8% |
| Net Margin | 10.5% | -28.1% |
| Revenue YoY | 8.3% | -18.9% |
| Net Profit YoY | -32.1% | -54.1% |
| EPS (diluted) | $0.18 | $-0.22 |
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 | $17.1M | $32.6M | ||
| Q3 25 | $13.8M | $30.3M | ||
| Q2 25 | $20.0M | $33.6M | ||
| Q1 25 | $18.9M | $37.9M | ||
| Q4 24 | $15.8M | $40.2M | ||
| Q3 24 | $15.1M | $35.3M | ||
| Q2 24 | $15.6M | $34.9M | ||
| Q1 24 | $13.7M | $29.5M |
| Q4 25 | $1.8M | $-9.2M | ||
| Q3 25 | $634.0K | $-9.8M | ||
| Q2 25 | $3.2M | $-11.8M | ||
| Q1 25 | $15.4M | $-8.2M | ||
| Q4 24 | $2.7M | $-5.9M | ||
| Q3 24 | $2.4M | $-6.3M | ||
| Q2 24 | $2.6M | $-6.1M | ||
| Q1 24 | $130.0K | $-9.1M |
| Q4 25 | 38.2% | 77.5% | ||
| Q3 25 | 36.8% | 79.9% | ||
| Q2 25 | 37.5% | 74.9% | ||
| Q1 25 | 43.8% | 74.8% | ||
| Q4 24 | 48.2% | 71.6% | ||
| Q3 24 | 44.4% | 71.4% | ||
| Q2 24 | 40.3% | 69.5% | ||
| Q1 24 | 22.6% | 70.1% |
| Q4 25 | 10.0% | -34.8% | ||
| Q3 25 | 2.6% | -40.1% | ||
| Q2 25 | 16.4% | -41.6% | ||
| Q1 25 | 18.3% | -28.2% | ||
| Q4 24 | 16.5% | -21.5% | ||
| Q3 24 | 15.7% | -26.1% | ||
| Q2 24 | 16.0% | -23.9% | ||
| Q1 24 | -3.4% | -36.2% |
| Q4 25 | 10.5% | -28.1% | ||
| Q3 25 | 4.6% | -32.4% | ||
| Q2 25 | 16.0% | -35.0% | ||
| Q1 25 | 81.4% | -21.6% | ||
| Q4 24 | 16.8% | -14.8% | ||
| Q3 24 | 16.1% | -17.9% | ||
| Q2 24 | 16.9% | -17.4% | ||
| Q1 24 | 0.9% | -30.8% |
| Q4 25 | $0.18 | $-0.22 | ||
| Q3 25 | $0.07 | $-0.24 | ||
| Q2 25 | $0.33 | $-0.29 | ||
| Q1 25 | $1.60 | $-0.20 | ||
| Q4 24 | $0.28 | $-0.14 | ||
| Q3 24 | $0.25 | $-0.16 | ||
| Q2 24 | $0.28 | $-0.16 | ||
| Q1 24 | $0.01 | $-0.25 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.0M | $228.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $58.5M | $275.7M |
| Total Assets | $92.3M | $311.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.0M | $228.1M | ||
| Q3 25 | $4.5M | $227.5M | ||
| Q2 25 | $4.7M | $227.5M | ||
| Q1 25 | $5.5M | $229.3M | ||
| Q4 24 | $9.7M | $237.2M | ||
| Q3 24 | $16.2M | $237.1M | ||
| Q2 24 | $18.3M | $233.3M | ||
| Q1 24 | $11.7M | $125.4M |
| Q4 25 | $58.5M | $275.7M | ||
| Q3 25 | $56.3M | $276.0M | ||
| Q2 25 | $55.6M | $278.0M | ||
| Q1 25 | $51.8M | $279.3M | ||
| Q4 24 | $36.2M | $281.2M | ||
| Q3 24 | $33.2M | $277.3M | ||
| Q2 24 | $39.8M | $275.2M | ||
| Q1 24 | $36.7M | $163.9M |
| Q4 25 | $92.3M | $311.8M | ||
| Q3 25 | $93.2M | $308.5M | ||
| Q2 25 | $93.7M | $309.0M | ||
| Q1 25 | $86.4M | $313.0M | ||
| Q4 24 | $77.8M | $318.6M | ||
| Q3 24 | $84.3M | $310.5M | ||
| Q2 24 | $83.3M | $305.5M | ||
| Q1 24 | $77.7M | $183.2M |
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 | $-523.0K | $-1.1M |
| Free Cash FlowOCF − Capex | $-1.1M | $-2.3M |
| FCF MarginFCF / Revenue | -6.6% | -6.9% |
| Capex IntensityCapex / Revenue | 3.6% | 3.5% |
| Cash ConversionOCF / Net Profit | -0.29× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-5.5M | $-19.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-523.0K | $-1.1M | ||
| Q3 25 | $1.2M | $-1.2M | ||
| Q2 25 | $-155.0K | $-4.4M | ||
| Q1 25 | $-3.6M | $-8.8M | ||
| Q4 24 | $3.8M | $-4.3M | ||
| Q3 24 | $-1.5M | $650.0K | ||
| Q2 24 | $7.5M | $-4.0M | ||
| Q1 24 | $4.2M | $-9.3M |
| Q4 25 | $-1.1M | $-2.3M | ||
| Q3 25 | $385.0K | $-1.8M | ||
| Q2 25 | $-786.0K | $-5.9M | ||
| Q1 25 | $-4.0M | $-9.4M | ||
| Q4 24 | $3.3M | $-5.1M | ||
| Q3 24 | $-1.8M | $-453.0K | ||
| Q2 24 | $6.7M | $-5.5M | ||
| Q1 24 | $3.9M | $-11.3M |
| Q4 25 | -6.6% | -6.9% | ||
| Q3 25 | 2.8% | -5.8% | ||
| Q2 25 | -3.9% | -17.6% | ||
| Q1 25 | -20.9% | -24.8% | ||
| Q4 24 | 20.8% | -12.7% | ||
| Q3 24 | -11.8% | -1.3% | ||
| Q2 24 | 42.8% | -15.9% | ||
| Q1 24 | 28.4% | -38.2% |
| Q4 25 | 3.6% | 3.5% | ||
| Q3 25 | 5.6% | 1.9% | ||
| Q2 25 | 3.2% | 4.6% | ||
| Q1 25 | 1.7% | 1.5% | ||
| Q4 24 | 3.3% | 2.1% | ||
| Q3 24 | 2.2% | 3.1% | ||
| Q2 24 | 5.3% | 4.4% | ||
| Q1 24 | 2.3% | 6.7% |
| Q4 25 | -0.29× | — | ||
| Q3 25 | 1.83× | — | ||
| Q2 25 | -0.05× | — | ||
| Q1 25 | -0.24× | — | ||
| Q4 24 | 1.44× | — | ||
| Q3 24 | -0.60× | — | ||
| Q2 24 | 2.85× | — | ||
| Q1 24 | 32.36× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FEIM
| POC Revenue | $14.8M | 86% |
| POT Revenue | $2.3M | 13% |
RXST
| Rxlal | $28.2M | 86% |
| LDD | $3.0M | 9% |
| Service Warranty Service Contracts And Accessories | $1.5M | 4% |