vs

Side-by-side financial comparison of LENSAR, Inc. (LNSR) and Maison Solutions Inc. (MSS). Click either name above to swap in a different company.

Maison Solutions Inc. is the larger business by last-quarter revenue ($27.6M vs $14.3M, roughly 1.9× LENSAR, Inc.). LENSAR, Inc. runs the higher net margin — -10.2% vs -18.0%, a 7.8% gap on every dollar of revenue. On growth, LENSAR, Inc. posted the faster year-over-year revenue change (-3.3% vs -10.9%). Over the past eight quarters, Maison Solutions Inc.'s revenue compounded faster (42.5% CAGR vs 28.8%).

LENSAR, Inc. is a medical technology company specializing in the development and commercialization of advanced ophthalmic surgical systems. Its proprietary augmented reality-enabled devices deliver high precision for cataract surgery and refractive lens exchange procedures, distributed to ophthalmology clinics, surgical centers and hospitals across North America, Europe and key Asia-Pacific markets.

Maison Solutions Inc. is a specialty home goods retail company that provides a diverse portfolio of stylish, affordably priced furniture, home decor items, and daily household products. Its primary market is the Guangdong-Hong Kong-Macao Greater Bay Area in China, serving mass consumers through both offline physical stores and online e-commerce channels.

LNSR vs MSS — Head-to-Head

Bigger by revenue
MSS
MSS
1.9× larger
MSS
$27.6M
$14.3M
LNSR
Growing faster (revenue YoY)
LNSR
LNSR
+7.7% gap
LNSR
-3.3%
-10.9%
MSS
Higher net margin
LNSR
LNSR
7.8% more per $
LNSR
-10.2%
-18.0%
MSS
Faster 2-yr revenue CAGR
MSS
MSS
Annualised
MSS
42.5%
28.8%
LNSR

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
LNSR
LNSR
MSS
MSS
Revenue
$14.3M
$27.6M
Net Profit
$-1.5M
$-5.0M
Gross Margin
36.6%
23.4%
Operating Margin
-34.3%
-4.9%
Net Margin
-10.2%
-18.0%
Revenue YoY
-3.3%
-10.9%
Net Profit YoY
92.2%
-1840.5%
EPS (diluted)
$-0.09
$-0.23

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
LNSR
LNSR
MSS
MSS
Q4 25
$14.3M
$27.6M
Q3 25
$12.8M
$27.2M
Q2 25
$12.3M
$34.4M
Q1 25
$12.3M
$32.3M
Q4 24
$14.8M
$29.4M
Q3 24
$11.8M
$28.2M
Q2 24
$10.7M
$16.9M
Q1 24
$8.6M
$13.6M
Net Profit
LNSR
LNSR
MSS
MSS
Q4 25
$-1.5M
$-5.0M
Q3 25
$-3.7M
$-1.5M
Q2 25
$-1.8M
$-287.4K
Q1 25
$-27.3M
$1.0M
Q4 24
$-18.7M
$-256.0K
Q3 24
$-1.5M
$700.9K
Q2 24
$-9.0M
$-2.8M
Q1 24
$-2.2M
$-549.0K
Gross Margin
LNSR
LNSR
MSS
MSS
Q4 25
36.6%
23.4%
Q3 25
35.1%
24.1%
Q2 25
43.8%
9.5%
Q1 25
42.7%
21.8%
Q4 24
35.1%
26.9%
Q3 24
38.4%
28.9%
Q2 24
45.5%
13.0%
Q1 24
43.0%
23.4%
Operating Margin
LNSR
LNSR
MSS
MSS
Q4 25
-34.3%
-4.9%
Q3 25
-59.4%
0.7%
Q2 25
-51.2%
-15.9%
Q1 25
-47.2%
3.7%
Q4 24
-8.7%
3.2%
Q3 24
-10.5%
7.3%
Q2 24
-49.4%
-14.4%
Q1 24
-33.0%
-2.3%
Net Margin
LNSR
LNSR
MSS
MSS
Q4 25
-10.2%
-18.0%
Q3 25
-29.1%
-5.7%
Q2 25
-14.4%
-0.8%
Q1 25
-222.8%
3.1%
Q4 24
-126.2%
-0.9%
Q3 24
-12.7%
2.5%
Q2 24
-84.6%
-16.4%
Q1 24
-25.0%
-4.0%
EPS (diluted)
LNSR
LNSR
MSS
MSS
Q4 25
$-0.09
$-0.23
Q3 25
$-0.31
$-0.08
Q2 25
$-0.15
$-0.02
Q1 25
$-2.32
$0.06
Q4 24
$-1.62
$-0.01
Q3 24
$-0.13
$0.04
Q2 24
$-0.79
$-0.16
Q1 24
$-0.19
$-0.03

Balance Sheet & Financial Strength

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

Metric
LNSR
LNSR
MSS
MSS
Cash + ST InvestmentsLiquidity on hand
$18.0M
Total DebtLower is stronger
$2.6M
Stockholders' EquityBook value
$-26.0M
$11.6M
Total Assets
$71.4M
$75.4M
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LNSR
LNSR
MSS
MSS
Q4 25
$18.0M
Q3 25
$16.9M
$1.1M
Q2 25
$20.3M
$775.4K
Q1 25
$25.2M
$445.4K
Q4 24
$22.5M
$355.7K
Q3 24
$18.1M
$588.9K
Q2 24
$14.2M
$2.1M
Q1 24
$17.9M
$9.4M
Total Debt
LNSR
LNSR
MSS
MSS
Q4 25
$2.6M
Q3 25
$2.6M
Q2 25
$2.6M
Q1 25
Q4 24
Q3 24
$2.5M
Q2 24
$2.6M
Q1 24
$2.6M
Stockholders' Equity
LNSR
LNSR
MSS
MSS
Q4 25
$-26.0M
$11.6M
Q3 25
$-25.9M
$10.1M
Q2 25
$-23.1M
$11.7M
Q1 25
$-22.1M
$12.0M
Q4 24
$4.9M
$10.9M
Q3 24
$22.7M
$11.2M
Q2 24
$23.6M
$10.5M
Q1 24
$31.8M
$13.3M
Total Assets
LNSR
LNSR
MSS
MSS
Q4 25
$71.4M
$75.4M
Q3 25
$70.2M
$73.3M
Q2 25
$70.4M
$77.4M
Q1 25
$73.0M
$82.7M
Q4 24
$66.3M
$82.7M
Q3 24
$62.0M
$82.1M
Q2 24
$61.4M
$82.4M
Q1 24
$66.1M
$44.2M
Debt / Equity
LNSR
LNSR
MSS
MSS
Q4 25
0.22×
Q3 25
0.26×
Q2 25
0.22×
Q1 25
Q4 24
Q3 24
0.23×
Q2 24
0.24×
Q1 24
0.19×

Cash Flow & Capital Efficiency

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

Metric
LNSR
LNSR
MSS
MSS
Operating Cash FlowLast quarter
$618.0K
$-1.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LNSR
LNSR
MSS
MSS
Q4 25
$618.0K
$-1.7M
Q3 25
$-3.5M
$1.1M
Q2 25
$-5.0M
$-1.6M
Q1 25
$-6.9M
$1.7M
Q4 24
$3.7M
$1.1M
Q3 24
$3.2M
$3.6M
Q2 24
$-3.8M
$-2.6M
Q1 24
$-5.3M
$-1.4M
Free Cash Flow
LNSR
LNSR
MSS
MSS
Q4 25
Q3 25
Q2 25
$-5.1M
Q1 25
$-6.9M
Q4 24
$3.7M
Q3 24
$3.1M
Q2 24
$-3.9M
Q1 24
$-5.3M
FCF Margin
LNSR
LNSR
MSS
MSS
Q4 25
Q3 25
Q2 25
-41.3%
Q1 25
-56.6%
Q4 24
24.7%
Q3 24
26.5%
Q2 24
-36.4%
Q1 24
-61.6%
Capex Intensity
LNSR
LNSR
MSS
MSS
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.6%
Q1 25
0.0%
Q4 24
0.0%
Q3 24
0.2%
Q2 24
1.1%
Q1 24
0.2%
Cash Conversion
LNSR
LNSR
MSS
MSS
Q4 25
Q3 25
Q2 25
Q1 25
1.66×
Q4 24
Q3 24
5.12×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

LNSR
LNSR

Products$12.7M89%
Services$1.6M11%

MSS
MSS

Perishables$14.4M52%
Nonperishables$13.2M48%

Related Comparisons