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Side-by-side financial comparison of NATURAL RESOURCE PARTNERS LP (NRP) and RxSight, Inc. (RXST). Click either name above to swap in a different company.
NATURAL RESOURCE PARTNERS LP is the larger business by last-quarter revenue ($51.3M vs $32.6M, roughly 1.6× RxSight, Inc.). NATURAL RESOURCE PARTNERS LP runs the higher net margin — 78.5% vs -28.1%, a 106.6% gap on every dollar of revenue. On growth, RxSight, Inc. posted the faster year-over-year revenue change (-18.9% vs -21.8%). Over the past eight quarters, RxSight, Inc.'s revenue compounded faster (5.1% CAGR vs -8.3%).
Natural Resource Partners LP is a U.S.-headquartered master limited partnership that owns, manages and leases mineral reserve interests. Its asset portfolio covers coal, aggregates, industrial minerals and oil & gas, with operations primarily across North America, deriving most revenue from royalties paid by third-party resource extraction operators.
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.
NRP vs RXST — Head-to-Head
Income Statement — Q1 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $51.3M | $32.6M |
| Net Profit | $40.3M | $-9.2M |
| Gross Margin | — | 77.5% |
| Operating Margin | 83.7% | -34.8% |
| Net Margin | 78.5% | -28.1% |
| Revenue YoY | -21.8% | -18.9% |
| Net Profit YoY | -28.4% | -54.1% |
| EPS (diluted) | — | $-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 | — | $32.6M | ||
| Q3 25 | — | $30.3M | ||
| Q2 25 | — | $33.6M | ||
| Q1 25 | $51.3M | $37.9M | ||
| Q4 24 | $61.8M | $40.2M | ||
| Q3 24 | $50.4M | $35.3M | ||
| Q2 24 | $54.6M | $34.9M | ||
| Q1 24 | $65.6M | $29.5M |
| Q4 25 | — | $-9.2M | ||
| Q3 25 | — | $-9.8M | ||
| Q2 25 | — | $-11.8M | ||
| Q1 25 | $40.3M | $-8.2M | ||
| Q4 24 | $42.8M | $-5.9M | ||
| Q3 24 | $38.6M | $-6.3M | ||
| Q2 24 | $46.1M | $-6.1M | ||
| Q1 24 | $56.2M | $-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 | — | -34.8% | ||
| Q3 25 | — | -40.1% | ||
| Q2 25 | — | -41.6% | ||
| Q1 25 | 83.7% | -28.2% | ||
| Q4 24 | 74.9% | -21.5% | ||
| Q3 24 | 84.9% | -26.1% | ||
| Q2 24 | 92.3% | -23.9% | ||
| Q1 24 | 91.0% | -36.2% |
| Q4 25 | — | -28.1% | ||
| Q3 25 | — | -32.4% | ||
| Q2 25 | — | -35.0% | ||
| Q1 25 | 78.5% | -21.6% | ||
| Q4 24 | 69.2% | -14.8% | ||
| Q3 24 | 76.6% | -17.9% | ||
| Q2 24 | 84.4% | -17.4% | ||
| Q1 24 | 85.7% | -30.8% |
| Q4 25 | — | $-0.22 | ||
| Q3 25 | — | $-0.24 | ||
| Q2 25 | — | $-0.29 | ||
| Q1 25 | — | $-0.20 | ||
| Q4 24 | — | $-0.14 | ||
| Q3 24 | — | $-0.16 | ||
| Q2 24 | — | $-0.16 | ||
| Q1 24 | — | $-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 | $30.9M | $228.1M |
| Total DebtLower is stronger | $138.8M | — |
| Stockholders' EquityBook value | — | $275.7M |
| Total Assets | $772.5M | $311.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $228.1M | ||
| Q3 25 | — | $227.5M | ||
| Q2 25 | — | $227.5M | ||
| Q1 25 | $30.9M | $229.3M | ||
| Q4 24 | $30.4M | $237.2M | ||
| Q3 24 | $30.9M | $237.1M | ||
| Q2 24 | $32.3M | $233.3M | ||
| Q1 24 | $11.0M | $125.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $138.8M | — | ||
| Q4 24 | $142.1M | — | ||
| Q3 24 | $197.4M | — | ||
| Q2 24 | $210.3M | — | ||
| Q1 24 | $188.8M | — |
| Q4 25 | — | $275.7M | ||
| Q3 25 | — | $276.0M | ||
| Q2 25 | — | $278.0M | ||
| Q1 25 | — | $279.3M | ||
| Q4 24 | — | $281.2M | ||
| Q3 24 | — | $277.3M | ||
| Q2 24 | — | $275.2M | ||
| Q1 24 | — | $163.9M |
| Q4 25 | — | $311.8M | ||
| Q3 25 | — | $308.5M | ||
| Q2 25 | — | $309.0M | ||
| Q1 25 | $772.5M | $313.0M | ||
| Q4 24 | $772.9M | $318.6M | ||
| Q3 24 | $772.9M | $310.5M | ||
| Q2 24 | $789.6M | $305.5M | ||
| Q1 24 | $772.9M | $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 | $34.4M | $-1.1M |
| Free Cash FlowOCF − Capex | — | $-2.3M |
| FCF MarginFCF / Revenue | — | -6.9% |
| Capex IntensityCapex / Revenue | — | 3.5% |
| Cash ConversionOCF / Net Profit | 0.86× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-19.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-1.1M | ||
| Q3 25 | — | $-1.2M | ||
| Q2 25 | — | $-4.4M | ||
| Q1 25 | $34.4M | $-8.8M | ||
| Q4 24 | $66.2M | $-4.3M | ||
| Q3 24 | $54.1M | $650.0K | ||
| Q2 24 | $56.6M | $-4.0M | ||
| Q1 24 | $71.5M | $-9.3M |
| Q4 25 | — | $-2.3M | ||
| Q3 25 | — | $-1.8M | ||
| Q2 25 | — | $-5.9M | ||
| Q1 25 | — | $-9.4M | ||
| Q4 24 | — | $-5.1M | ||
| Q3 24 | — | $-453.0K | ||
| Q2 24 | — | $-5.5M | ||
| Q1 24 | — | $-11.3M |
| Q4 25 | — | -6.9% | ||
| Q3 25 | — | -5.8% | ||
| Q2 25 | — | -17.6% | ||
| Q1 25 | — | -24.8% | ||
| Q4 24 | — | -12.7% | ||
| Q3 24 | — | -1.3% | ||
| Q2 24 | — | -15.9% | ||
| Q1 24 | — | -38.2% |
| Q4 25 | — | 3.5% | ||
| Q3 25 | — | 1.9% | ||
| Q2 25 | — | 4.6% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | 0.0% | 2.1% | ||
| Q3 24 | 0.0% | 3.1% | ||
| Q2 24 | 0.0% | 4.4% | ||
| Q1 24 | 0.0% | 6.7% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.86× | — | ||
| Q4 24 | 1.55× | — | ||
| Q3 24 | 1.40× | — | ||
| Q2 24 | 1.23× | — | ||
| Q1 24 | 1.27× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NRP
| Coal Royalty Revenues | $35.5M | 69% |
| Soda Ash Segment | $4.6M | 9% |
| Transportation And Processing Services | $4.4M | 9% |
| Production Lease Minimum Revenues | $2.7M | 5% |
| Oil And Gas Royalty Revenues | $2.4M | 5% |
| Other | $1.6M | 3% |
RXST
| Rxlal | $28.2M | 86% |
| LDD | $3.0M | 9% |
| Service Warranty Service Contracts And Accessories | $1.5M | 4% |
