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Side-by-side financial comparison of Ladder Capital Corp (LADR) 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 $22.3M, roughly 1.5× Ladder Capital Corp). Ladder Capital Corp runs the higher net margin — 71.0% vs -28.1%, a 99.1% gap on every dollar of revenue. On growth, Ladder Capital Corp posted the faster year-over-year revenue change (-18.0% vs -18.9%). Ladder Capital Corp produced more free cash flow last quarter ($78.7M vs $-2.3M). Over the past eight quarters, RxSight, Inc.'s revenue compounded faster (5.1% CAGR vs -22.5%).
Ladder Capital Corp is a leading commercial real estate finance firm operating primarily across the United States. It originates and manages a diversified portfolio of senior secured commercial mortgage loans, mezzanine debt, commercial mortgage-backed securities, and direct real estate assets, serving property owners, operators and developers across major market segments.
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.
LADR vs RXST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $22.3M | $32.6M |
| Net Profit | $15.9M | $-9.2M |
| Gross Margin | — | 77.5% |
| Operating Margin | 69.5% | -34.8% |
| Net Margin | 71.0% | -28.1% |
| Revenue YoY | -18.0% | -18.9% |
| Net Profit YoY | -49.4% | -54.1% |
| EPS (diluted) | $0.13 | $-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 | $22.3M | $32.6M | ||
| Q3 25 | $27.8M | $30.3M | ||
| Q2 25 | $21.5M | $33.6M | ||
| Q1 25 | $20.3M | $37.9M | ||
| Q4 24 | $27.2M | $40.2M | ||
| Q3 24 | $38.4M | $35.3M | ||
| Q2 24 | $34.3M | $34.9M | ||
| Q1 24 | $37.1M | $29.5M |
| Q4 25 | $15.9M | $-9.2M | ||
| Q3 25 | $19.2M | $-9.8M | ||
| Q2 25 | $17.1M | $-11.8M | ||
| Q1 25 | $11.6M | $-8.2M | ||
| Q4 24 | $31.3M | $-5.9M | ||
| Q3 24 | $27.6M | $-6.3M | ||
| Q2 24 | $32.1M | $-6.1M | ||
| Q1 24 | $16.4M | $-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 | 69.5% | -34.8% | ||
| Q3 25 | 72.4% | -40.1% | ||
| Q2 25 | 96.7% | -41.6% | ||
| Q1 25 | 52.7% | -28.2% | ||
| Q4 24 | — | -21.5% | ||
| Q3 24 | 74.1% | -26.1% | ||
| Q2 24 | 90.4% | -23.9% | ||
| Q1 24 | 49.4% | -36.2% |
| Q4 25 | 71.0% | -28.1% | ||
| Q3 25 | 69.0% | -32.4% | ||
| Q2 25 | 79.5% | -35.0% | ||
| Q1 25 | 56.8% | -21.6% | ||
| Q4 24 | 115.1% | -14.8% | ||
| Q3 24 | 71.7% | -17.9% | ||
| Q2 24 | 93.6% | -17.4% | ||
| Q1 24 | 44.2% | -30.8% |
| Q4 25 | $0.13 | $-0.22 | ||
| Q3 25 | $0.15 | $-0.24 | ||
| Q2 25 | $0.14 | $-0.29 | ||
| Q1 25 | $0.09 | $-0.20 | ||
| Q4 24 | $0.25 | $-0.14 | ||
| Q3 24 | $0.22 | $-0.16 | ||
| Q2 24 | $0.26 | $-0.16 | ||
| Q1 24 | $0.13 | $-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 | $38.0M | $228.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.5B | $275.7M |
| Total Assets | $5.2B | $311.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $38.0M | $228.1M | ||
| Q3 25 | $49.4M | $227.5M | ||
| Q2 25 | $134.9M | $227.5M | ||
| Q1 25 | $479.8M | $229.3M | ||
| Q4 24 | $1.3B | $237.2M | ||
| Q3 24 | $1.6B | $237.1M | ||
| Q2 24 | $1.2B | $233.3M | ||
| Q1 24 | $1.2B | $125.4M |
| Q4 25 | $1.5B | $275.7M | ||
| Q3 25 | $1.5B | $276.0M | ||
| Q2 25 | $1.5B | $278.0M | ||
| Q1 25 | $1.5B | $279.3M | ||
| Q4 24 | $1.5B | $281.2M | ||
| Q3 24 | $1.5B | $277.3M | ||
| Q2 24 | $1.5B | $275.2M | ||
| Q1 24 | $1.5B | $163.9M |
| Q4 25 | $5.2B | $311.8M | ||
| Q3 25 | $4.7B | $308.5M | ||
| Q2 25 | $4.5B | $309.0M | ||
| Q1 25 | $4.5B | $313.0M | ||
| Q4 24 | $4.8B | $318.6M | ||
| Q3 24 | $4.8B | $310.5M | ||
| Q2 24 | $4.8B | $305.5M | ||
| Q1 24 | $5.3B | $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 | $87.0M | $-1.1M |
| Free Cash FlowOCF − Capex | $78.7M | $-2.3M |
| FCF MarginFCF / Revenue | 352.4% | -6.9% |
| Capex IntensityCapex / Revenue | 37.4% | 3.5% |
| Cash ConversionOCF / Net Profit | 5.49× | — |
| TTM Free Cash FlowTrailing 4 quarters | $118.3M | $-19.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $87.0M | $-1.1M | ||
| Q3 25 | $26.3M | $-1.2M | ||
| Q2 25 | $44.0M | $-4.4M | ||
| Q1 25 | $-28.7M | $-8.8M | ||
| Q4 24 | $133.9M | $-4.3M | ||
| Q3 24 | $169.0M | $650.0K | ||
| Q2 24 | $45.4M | $-4.0M | ||
| Q1 24 | $-20.4M | $-9.3M |
| Q4 25 | $78.7M | $-2.3M | ||
| Q3 25 | $25.9M | $-1.8M | ||
| Q2 25 | $43.4M | $-5.9M | ||
| Q1 25 | $-29.6M | $-9.4M | ||
| Q4 24 | $127.4M | $-5.1M | ||
| Q3 24 | $166.0M | $-453.0K | ||
| Q2 24 | $44.9M | $-5.5M | ||
| Q1 24 | $-21.7M | $-11.3M |
| Q4 25 | 352.4% | -6.9% | ||
| Q3 25 | 93.1% | -5.8% | ||
| Q2 25 | 201.6% | -17.6% | ||
| Q1 25 | -145.6% | -24.8% | ||
| Q4 24 | 468.2% | -12.7% | ||
| Q3 24 | 432.1% | -1.3% | ||
| Q2 24 | 131.0% | -15.9% | ||
| Q1 24 | -58.6% | -38.2% |
| Q4 25 | 37.4% | 3.5% | ||
| Q3 25 | 1.7% | 1.9% | ||
| Q2 25 | 2.9% | 4.6% | ||
| Q1 25 | 4.3% | 1.5% | ||
| Q4 24 | 23.9% | 2.1% | ||
| Q3 24 | 7.8% | 3.1% | ||
| Q2 24 | 1.3% | 4.4% | ||
| Q1 24 | 3.7% | 6.7% |
| Q4 25 | 5.49× | — | ||
| Q3 25 | 1.37× | — | ||
| Q2 25 | 2.57× | — | ||
| Q1 25 | -2.49× | — | ||
| Q4 24 | 4.27× | — | ||
| Q3 24 | 6.13× | — | ||
| Q2 24 | 1.41× | — | ||
| Q1 24 | -1.24× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LADR
Segment breakdown not available.
RXST
| Rxlal | $28.2M | 86% |
| LDD | $3.0M | 9% |
| Service Warranty Service Contracts And Accessories | $1.5M | 4% |
