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Side-by-side financial comparison of Finwise Bancorp (FINW) and RxSight, Inc. (RXST). Click either name above to swap in a different company.
Finwise Bancorp is the larger business by last-quarter revenue ($46.9M vs $32.6M, roughly 1.4× RxSight, Inc.). Finwise Bancorp runs the higher net margin — 8.4% vs -28.1%, a 36.4% gap on every dollar of revenue. On growth, Finwise Bancorp posted the faster year-over-year revenue change (121.7% vs -18.9%). RxSight, Inc. produced more free cash flow last quarter ($-2.3M vs $-28.6M). Over the past eight quarters, Finwise Bancorp's revenue compounded faster (54.3% CAGR vs 5.1%).
Finwise Bancorp is a U.S.-based financial holding company that operates primarily through its community banking subsidiary. It offers a full suite of retail and commercial financial services, including deposit accounts, personal loans, mortgage products, small business financing, and wealth management solutions, serving local retail consumers and small to medium-sized business clients across its regional operating markets.
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.
FINW vs RXST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $46.9M | $32.6M |
| Net Profit | $3.9M | $-9.2M |
| Gross Margin | — | 77.5% |
| Operating Margin | 11.7% | -34.8% |
| Net Margin | 8.4% | -28.1% |
| Revenue YoY | 121.7% | -18.9% |
| Net Profit YoY | 40.1% | -54.1% |
| EPS (diluted) | $0.27 | $-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 | $46.9M | $32.6M | ||
| Q3 25 | $36.7M | $30.3M | ||
| Q2 25 | $25.1M | $33.6M | ||
| Q1 25 | $22.1M | $37.9M | ||
| Q4 24 | $21.1M | $40.2M | ||
| Q3 24 | $20.8M | $35.3M | ||
| Q2 24 | $19.8M | $34.9M | ||
| Q1 24 | $19.7M | $29.5M |
| Q4 25 | $3.9M | $-9.2M | ||
| Q3 25 | $4.9M | $-9.8M | ||
| Q2 25 | $4.1M | $-11.8M | ||
| Q1 25 | $3.2M | $-8.2M | ||
| Q4 24 | $2.8M | $-5.9M | ||
| Q3 24 | $3.5M | $-6.3M | ||
| Q2 24 | $3.2M | $-6.1M | ||
| Q1 24 | $3.3M | $-9.1M |
| Q4 25 | — | 77.5% | ||
| Q3 25 | — | 79.9% | ||
| Q2 25 | — | 74.9% | ||
| Q1 25 | — | 74.8% | ||
| Q4 24 | — | 71.6% | ||
| Q3 24 | — | 71.4% | ||
| Q2 24 | — | 69.5% | ||
| Q1 24 | — | 70.1% |
| Q4 25 | 11.7% | -34.8% | ||
| Q3 25 | 17.5% | -40.1% | ||
| Q2 25 | 21.7% | -41.6% | ||
| Q1 25 | 20.1% | -28.2% | ||
| Q4 24 | 17.5% | -21.5% | ||
| Q3 24 | 22.2% | -26.1% | ||
| Q2 24 | 21.1% | -23.9% | ||
| Q1 24 | 22.9% | -36.2% |
| Q4 25 | 8.4% | -28.1% | ||
| Q3 25 | 13.3% | -32.4% | ||
| Q2 25 | 16.3% | -35.0% | ||
| Q1 25 | 14.4% | -21.6% | ||
| Q4 24 | 13.2% | -14.8% | ||
| Q3 24 | 16.6% | -17.9% | ||
| Q2 24 | 16.1% | -17.4% | ||
| Q1 24 | 16.9% | -30.8% |
| Q4 25 | $0.27 | $-0.22 | ||
| Q3 25 | $0.34 | $-0.24 | ||
| Q2 25 | $0.29 | $-0.29 | ||
| Q1 25 | $0.23 | $-0.20 | ||
| Q4 24 | $0.19 | $-0.14 | ||
| Q3 24 | $0.25 | $-0.16 | ||
| Q2 24 | $0.24 | $-0.16 | ||
| Q1 24 | $0.25 | $-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 | $163.4M | $228.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $193.2M | $275.7M |
| Total Assets | $977.1M | $311.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $163.4M | $228.1M | ||
| Q3 25 | $105.6M | $227.5M | ||
| Q2 25 | $90.1M | $227.5M | ||
| Q1 25 | $120.3M | $229.3M | ||
| Q4 24 | $109.2M | $237.2M | ||
| Q3 24 | $85.8M | $237.1M | ||
| Q2 24 | $89.0M | $233.3M | ||
| Q1 24 | $115.8M | $125.4M |
| Q4 25 | $193.2M | $275.7M | ||
| Q3 25 | $187.8M | $276.0M | ||
| Q2 25 | $182.0M | $278.0M | ||
| Q1 25 | $177.4M | $279.3M | ||
| Q4 24 | $173.7M | $281.2M | ||
| Q3 24 | $170.4M | $277.3M | ||
| Q2 24 | $165.8M | $275.2M | ||
| Q1 24 | $162.5M | $163.9M |
| Q4 25 | $977.1M | $311.8M | ||
| Q3 25 | $899.9M | $308.5M | ||
| Q2 25 | $842.5M | $309.0M | ||
| Q1 25 | $804.1M | $313.0M | ||
| Q4 24 | $746.0M | $318.6M | ||
| Q3 24 | $683.0M | $310.5M | ||
| Q2 24 | $617.8M | $305.5M | ||
| Q1 24 | $610.8M | $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 | $-28.4M | $-1.1M |
| Free Cash FlowOCF − Capex | $-28.6M | $-2.3M |
| FCF MarginFCF / Revenue | -61.1% | -6.9% |
| Capex IntensityCapex / Revenue | 0.5% | 3.5% |
| Cash ConversionOCF / Net Profit | -7.26× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-68.3M | $-19.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-28.4M | $-1.1M | ||
| Q3 25 | $3.5M | $-1.2M | ||
| Q2 25 | $-18.3M | $-4.4M | ||
| Q1 25 | $-21.6M | $-8.8M | ||
| Q4 24 | $-15.0M | $-4.3M | ||
| Q3 24 | $-9.8M | $650.0K | ||
| Q2 24 | $-7.6M | $-4.0M | ||
| Q1 24 | $1.8M | $-9.3M |
| Q4 25 | $-28.6M | $-2.3M | ||
| Q3 25 | $3.4M | $-1.8M | ||
| Q2 25 | $-19.8M | $-5.9M | ||
| Q1 25 | $-23.3M | $-9.4M | ||
| Q4 24 | $-16.1M | $-5.1M | ||
| Q3 24 | $-13.4M | $-453.0K | ||
| Q2 24 | $-7.7M | $-5.5M | ||
| Q1 24 | $568.0K | $-11.3M |
| Q4 25 | -61.1% | -6.9% | ||
| Q3 25 | 9.4% | -5.8% | ||
| Q2 25 | -79.0% | -17.6% | ||
| Q1 25 | -105.3% | -24.8% | ||
| Q4 24 | -76.0% | -12.7% | ||
| Q3 24 | -64.3% | -1.3% | ||
| Q2 24 | -38.7% | -15.9% | ||
| Q1 24 | 2.9% | -38.2% |
| Q4 25 | 0.5% | 3.5% | ||
| Q3 25 | 0.1% | 1.9% | ||
| Q2 25 | 5.8% | 4.6% | ||
| Q1 25 | 7.4% | 1.5% | ||
| Q4 24 | 5.1% | 2.1% | ||
| Q3 24 | 17.2% | 3.1% | ||
| Q2 24 | 0.3% | 4.4% | ||
| Q1 24 | 6.0% | 6.7% |
| Q4 25 | -7.26× | — | ||
| Q3 25 | 0.71× | — | ||
| Q2 25 | -4.48× | — | ||
| Q1 25 | -6.78× | — | ||
| Q4 24 | -5.37× | — | ||
| Q3 24 | -2.84× | — | ||
| Q2 24 | -2.39× | — | ||
| Q1 24 | 0.53× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FINW
Segment breakdown not available.
RXST
| Rxlal | $28.2M | 86% |
| LDD | $3.0M | 9% |
| Service Warranty Service Contracts And Accessories | $1.5M | 4% |
