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Side-by-side financial comparison of HORIZON BANCORP INC (HBNC) and RxSight, Inc. (RXST). Click either name above to swap in a different company.
HORIZON BANCORP INC is the larger business by last-quarter revenue ($63.5M vs $32.6M, roughly 1.9× RxSight, Inc.). HORIZON BANCORP INC runs the higher net margin — 42.4% vs -28.1%, a 70.5% gap on every dollar of revenue. On growth, HORIZON BANCORP INC posted the faster year-over-year revenue change (19.5% vs -18.9%). HORIZON BANCORP INC produced more free cash flow last quarter ($74.3M vs $-2.3M). Over the past eight quarters, HORIZON BANCORP INC's revenue compounded faster (9.2% CAGR vs 5.1%).
First Horizon Corporation, formerly First Tennessee Bank, is a financial services company, founded in 1864, and based in Memphis, Tennessee. Through its banking subsidiary First Horizon Bank, it provides financial services through locations in 12 states across the Southeast, a region in which it is the fourth largest regional bank.
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.
HBNC vs RXST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $63.5M | $32.6M |
| Net Profit | $26.9M | $-9.2M |
| Gross Margin | — | 77.5% |
| Operating Margin | 51.5% | -34.8% |
| Net Margin | 42.4% | -28.1% |
| Revenue YoY | 19.5% | -18.9% |
| Net Profit YoY | 347.4% | -54.1% |
| EPS (diluted) | $0.44 | $-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 | $63.5M | $32.6M | ||
| Q3 25 | $58.4M | $30.3M | ||
| Q2 25 | $66.3M | $33.6M | ||
| Q1 25 | $68.8M | $37.9M | ||
| Q4 24 | $53.1M | $40.2M | ||
| Q3 24 | $58.4M | $35.3M | ||
| Q2 24 | $55.8M | $34.9M | ||
| Q1 24 | $53.2M | $29.5M |
| Q4 25 | $26.9M | $-9.2M | ||
| Q3 25 | $-222.0M | $-9.8M | ||
| Q2 25 | $20.6M | $-11.8M | ||
| Q1 25 | $23.9M | $-8.2M | ||
| Q4 24 | $-10.9M | $-5.9M | ||
| Q3 24 | $18.2M | $-6.3M | ||
| Q2 24 | $14.1M | $-6.1M | ||
| Q1 24 | $14.0M | $-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 | 51.5% | -34.8% | ||
| Q3 25 | -490.4% | -40.1% | ||
| Q2 25 | 36.8% | -41.6% | ||
| Q1 25 | 40.8% | -28.2% | ||
| Q4 24 | -41.3% | -21.5% | ||
| Q3 24 | 31.0% | -26.1% | ||
| Q2 24 | 28.5% | -23.9% | ||
| Q1 24 | 28.8% | -36.2% |
| Q4 25 | 42.4% | -28.1% | ||
| Q3 25 | -380.2% | -32.4% | ||
| Q2 25 | 31.1% | -35.0% | ||
| Q1 25 | 34.8% | -21.6% | ||
| Q4 24 | -20.5% | -14.8% | ||
| Q3 24 | 31.1% | -17.9% | ||
| Q2 24 | 25.4% | -17.4% | ||
| Q1 24 | 26.3% | -30.8% |
| Q4 25 | $0.44 | $-0.22 | ||
| Q3 25 | $-4.69 | $-0.24 | ||
| Q2 25 | $0.47 | $-0.29 | ||
| Q1 25 | $0.54 | $-0.20 | ||
| Q4 24 | $-0.25 | $-0.14 | ||
| Q3 24 | $0.41 | $-0.16 | ||
| Q2 24 | $0.32 | $-0.16 | ||
| Q1 24 | $0.32 | $-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 | $139.5M | $228.1M |
| Total DebtLower is stronger | $248.6M | — |
| Stockholders' EquityBook value | $688.3M | $275.7M |
| Total Assets | $6.4B | $311.8M |
| Debt / EquityLower = less leverage | 0.36× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $139.5M | $228.1M | ||
| Q3 25 | $458.3M | $227.5M | ||
| Q2 25 | $137.9M | $227.5M | ||
| Q1 25 | $169.7M | $229.3M | ||
| Q4 24 | $293.4M | $237.2M | ||
| Q3 24 | $234.8M | $237.1M | ||
| Q2 24 | $146.1M | $233.3M | ||
| Q1 24 | — | $125.4M |
| Q4 25 | $248.6M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $688.3M | $275.7M | ||
| Q3 25 | $660.8M | $276.0M | ||
| Q2 25 | $790.9M | $278.0M | ||
| Q1 25 | $776.1M | $279.3M | ||
| Q4 24 | $763.6M | $281.2M | ||
| Q3 24 | $754.8M | $277.3M | ||
| Q2 24 | $726.7M | $275.2M | ||
| Q1 24 | $721.3M | $163.9M |
| Q4 25 | $6.4B | $311.8M | ||
| Q3 25 | $6.7B | $308.5M | ||
| Q2 25 | $7.7B | $309.0M | ||
| Q1 25 | $7.6B | $313.0M | ||
| Q4 24 | $7.8B | $318.6M | ||
| Q3 24 | $7.9B | $310.5M | ||
| Q2 24 | $7.9B | $305.5M | ||
| Q1 24 | $7.9B | $183.2M |
| Q4 25 | 0.36× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.61× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $79.2M | $-1.1M |
| Free Cash FlowOCF − Capex | $74.3M | $-2.3M |
| FCF MarginFCF / Revenue | 117.0% | -6.9% |
| Capex IntensityCapex / Revenue | 7.8% | 3.5% |
| Cash ConversionOCF / Net Profit | 2.94× | — |
| TTM Free Cash FlowTrailing 4 quarters | $115.9M | $-19.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $79.2M | $-1.1M | ||
| Q3 25 | $10.9M | $-1.2M | ||
| Q2 25 | $19.5M | $-4.4M | ||
| Q1 25 | $15.2M | $-8.8M | ||
| Q4 24 | $6.4M | $-4.3M | ||
| Q3 24 | $32.3M | $650.0K | ||
| Q2 24 | $15.9M | $-4.0M | ||
| Q1 24 | $6.5M | $-9.3M |
| Q4 25 | $74.3M | $-2.3M | ||
| Q3 25 | $9.4M | $-1.8M | ||
| Q2 25 | $18.1M | $-5.9M | ||
| Q1 25 | $14.1M | $-9.4M | ||
| Q4 24 | $1.3M | $-5.1M | ||
| Q3 24 | $31.0M | $-453.0K | ||
| Q2 24 | $15.1M | $-5.5M | ||
| Q1 24 | $5.4M | $-11.3M |
| Q4 25 | 117.0% | -6.9% | ||
| Q3 25 | 16.1% | -5.8% | ||
| Q2 25 | 27.3% | -17.6% | ||
| Q1 25 | 20.5% | -24.8% | ||
| Q4 24 | 2.4% | -12.7% | ||
| Q3 24 | 53.1% | -1.3% | ||
| Q2 24 | 27.1% | -15.9% | ||
| Q1 24 | 10.1% | -38.2% |
| Q4 25 | 7.8% | 3.5% | ||
| Q3 25 | 2.6% | 1.9% | ||
| Q2 25 | 2.1% | 4.6% | ||
| Q1 25 | 1.6% | 1.5% | ||
| Q4 24 | 9.6% | 2.1% | ||
| Q3 24 | 2.2% | 3.1% | ||
| Q2 24 | 1.5% | 4.4% | ||
| Q1 24 | 2.2% | 6.7% |
| Q4 25 | 2.94× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.94× | — | ||
| Q1 25 | 0.64× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.78× | — | ||
| Q2 24 | 1.13× | — | ||
| Q1 24 | 0.47× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HBNC
Segment breakdown not available.
RXST
| Rxlal | $28.2M | 86% |
| LDD | $3.0M | 9% |
| Service Warranty Service Contracts And Accessories | $1.5M | 4% |
