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Side-by-side financial comparison of Innovative Eyewear Inc (LUCY) and STAAR SURGICAL CO (STAA). Click either name above to swap in a different company.

STAAR SURGICAL CO is the larger business by last-quarter revenue ($49.0M vs $959.8K, roughly 51.0× Innovative Eyewear Inc). STAAR SURGICAL CO runs the higher net margin — -69.9% vs -194.8%, a 124.9% gap on every dollar of revenue. On growth, Innovative Eyewear Inc posted the faster year-over-year revenue change (39.0% vs -35.8%). Innovative Eyewear Inc produced more free cash flow last quarter ($-1.4M vs $-5.1M). Over the past eight quarters, Innovative Eyewear Inc's revenue compounded faster (58.2% CAGR vs -18.4%).

General Eyewear is a London-based eyewear company and brand. The company was founded in the late 1990s by Fraser Laing. Originally under the name Arckiv, it produced its own original eyewear designs and had a particular specialism in vintage eyewear.

STAAR Surgical Co is a global ophthalmic medical device firm. It designs, makes and sells implantable collamer lenses (ICLs) for minimally invasive vision correction, plus supporting surgical products for ophthalmologists across North America, Europe, Asia Pacific and other key regional markets.

LUCY vs STAA — Head-to-Head

Bigger by revenue
STAA
STAA
51.0× larger
STAA
$49.0M
$959.8K
LUCY
Growing faster (revenue YoY)
LUCY
LUCY
+74.8% gap
LUCY
39.0%
-35.8%
STAA
Higher net margin
STAA
STAA
124.9% more per $
STAA
-69.9%
-194.8%
LUCY
More free cash flow
LUCY
LUCY
$3.7M more FCF
LUCY
$-1.4M
$-5.1M
STAA
Faster 2-yr revenue CAGR
LUCY
LUCY
Annualised
LUCY
58.2%
-18.4%
STAA

Income Statement — Q4 2025 vs Q4 2025

Metric
LUCY
LUCY
STAA
STAA
Revenue
$959.8K
$49.0M
Net Profit
$-1.9M
$-34.2M
Gross Margin
12.0%
64.7%
Operating Margin
-57.0%
Net Margin
-194.8%
-69.9%
Revenue YoY
39.0%
-35.8%
Net Profit YoY
12.0%
-541.3%
EPS (diluted)
$-0.14
$-0.69

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
LUCY
LUCY
STAA
STAA
Q4 25
$959.8K
Q3 25
$668.1K
Q2 25
$579.2K
Q1 25
$454.5K
Q4 24
$690.7K
$49.0M
Q3 24
$253.6K
$88.6M
Q2 24
$308.7K
$99.0M
Q1 24
$383.5K
$77.4M
Net Profit
LUCY
LUCY
STAA
STAA
Q4 25
$-1.9M
Q3 25
$-1.8M
Q2 25
$-2.1M
Q1 25
$-1.8M
Q4 24
$-2.1M
$-34.2M
Q3 24
$-1.7M
$10.0M
Q2 24
$-1.9M
$7.4M
Q1 24
$-2.0M
$-3.3M
Gross Margin
LUCY
LUCY
STAA
STAA
Q4 25
12.0%
Q3 25
36.6%
Q2 25
-2.2%
Q1 25
48.5%
Q4 24
13.6%
64.7%
Q3 24
23.4%
77.3%
Q2 24
17.9%
79.2%
Q1 24
1.8%
78.9%
Operating Margin
LUCY
LUCY
STAA
STAA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-57.0%
Q3 24
6.4%
Q2 24
12.0%
Q1 24
-2.9%
Net Margin
LUCY
LUCY
STAA
STAA
Q4 25
-194.8%
Q3 25
-274.8%
Q2 25
-363.6%
Q1 25
-391.4%
Q4 24
-307.8%
-69.9%
Q3 24
-678.5%
11.3%
Q2 24
-631.2%
7.5%
Q1 24
-514.1%
-4.3%
EPS (diluted)
LUCY
LUCY
STAA
STAA
Q4 25
$-0.14
Q3 25
$-0.38
Q2 25
$-0.66
Q1 25
$-0.72
Q4 24
$0.26
$-0.69
Q3 24
$-0.99
$0.20
Q2 24
$-1.87
$0.15
Q1 24
$-2.59
$-0.07

Balance Sheet & Financial Strength

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

Metric
LUCY
LUCY
STAA
STAA
Cash + ST InvestmentsLiquidity on hand
$6.5M
$230.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$9.1M
$397.3M
Total Assets
$10.1M
$509.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LUCY
LUCY
STAA
STAA
Q4 25
$6.5M
Q3 25
$6.7M
Q2 25
$7.6M
Q1 25
$5.3M
Q4 24
$2.6M
$230.5M
Q3 24
$4.5M
$236.0M
Q2 24
$5.9M
$235.2M
Q1 24
$2.6M
$245.1M
Stockholders' Equity
LUCY
LUCY
STAA
STAA
Q4 25
$9.1M
Q3 25
$10.3M
Q2 25
$11.3M
Q1 25
$7.5M
Q4 24
$9.1M
$397.3M
Q3 24
$10.9M
$428.1M
Q2 24
$7.3M
$409.1M
Q1 24
$3.9M
$392.8M
Total Assets
LUCY
LUCY
STAA
STAA
Q4 25
$10.1M
Q3 25
$11.2M
Q2 25
$11.9M
Q1 25
$7.9M
Q4 24
$9.8M
$509.5M
Q3 24
$11.6M
$537.6M
Q2 24
$7.9M
$512.7M
Q1 24
$4.8M
$492.5M

Cash Flow & Capital Efficiency

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

Metric
LUCY
LUCY
STAA
STAA
Operating Cash FlowLast quarter
$-1.4M
$642.0K
Free Cash FlowOCF − Capex
$-1.4M
$-5.1M
FCF MarginFCF / Revenue
-142.5%
-10.4%
Capex IntensityCapex / Revenue
1.8%
11.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-7.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LUCY
LUCY
STAA
STAA
Q4 25
$-1.4M
Q3 25
$-1.5M
Q2 25
$-2.1M
Q1 25
$-2.3M
Q4 24
$-1.9M
$642.0K
Q3 24
$-1.4M
$3.8M
Q2 24
$-1.9M
$-10.4M
Q1 24
$-1.5M
$21.7M
Free Cash Flow
LUCY
LUCY
STAA
STAA
Q4 25
$-1.4M
Q3 25
$-1.5M
Q2 25
Q1 25
$-2.4M
Q4 24
$-2.0M
$-5.1M
Q3 24
$-2.4M
Q2 24
$-1.9M
$-16.6M
Q1 24
$-1.5M
$16.5M
FCF Margin
LUCY
LUCY
STAA
STAA
Q4 25
-142.5%
Q3 25
-226.3%
Q2 25
Q1 25
-517.4%
Q4 24
-285.2%
-10.4%
Q3 24
-2.7%
Q2 24
-626.1%
-16.8%
Q1 24
-391.1%
21.3%
Capex Intensity
LUCY
LUCY
STAA
STAA
Q4 25
1.8%
Q3 25
2.2%
Q2 25
0.0%
Q1 25
8.9%
Q4 24
3.8%
11.7%
Q3 24
0.0%
7.0%
Q2 24
1.1%
6.3%
Q1 24
8.4%
6.7%
Cash Conversion
LUCY
LUCY
STAA
STAA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.38×
Q2 24
-1.41×
Q1 24

Financial Flow Comparison

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

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