vs

Side-by-side financial comparison of Orchid Island Capital, Inc. (ORC) and Sight Sciences, Inc. (SGHT). Click either name above to swap in a different company.

Orchid Island Capital, Inc. is the larger business by last-quarter revenue ($38.5M vs $20.4M, roughly 1.9× Sight Sciences, Inc.). Orchid Island Capital, Inc. runs the higher net margin — 268.7% vs -20.4%, a 289.1% gap on every dollar of revenue. On growth, Orchid Island Capital, Inc. posted the faster year-over-year revenue change (372.6% vs 6.9%). Over the past eight quarters, Orchid Island Capital, Inc.'s revenue compounded faster (301.6% CAGR vs 2.9%).

Orchid Island Capital, Inc. is a U.S.-based specialty finance company operating as a real estate investment trust. It primarily invests in residential mortgage-backed securities, including agency and non-agency products, targeting consistent risk-adjusted returns for its investors across U.S. fixed income markets.

Sight Sciences, Inc. is a commercial-stage medical technology company focused on developing and commercializing innovative products for treating common eye conditions including glaucoma and dry eye disease. It offers minimally invasive surgical devices and non-surgical care solutions, primarily serving ophthalmology clinicians and patients across the United States.

ORC vs SGHT — Head-to-Head

Bigger by revenue
ORC
ORC
1.9× larger
ORC
$38.5M
$20.4M
SGHT
Growing faster (revenue YoY)
ORC
ORC
+365.7% gap
ORC
372.6%
6.9%
SGHT
Higher net margin
ORC
ORC
289.1% more per $
ORC
268.7%
-20.4%
SGHT
Faster 2-yr revenue CAGR
ORC
ORC
Annualised
ORC
301.6%
2.9%
SGHT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ORC
ORC
SGHT
SGHT
Revenue
$38.5M
$20.4M
Net Profit
$103.4M
$-4.2M
Gross Margin
87.3%
Operating Margin
-18.0%
Net Margin
268.7%
-20.4%
Revenue YoY
372.6%
6.9%
Net Profit YoY
1764.9%
64.9%
EPS (diluted)
$-0.07

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
ORC
ORC
SGHT
SGHT
Q4 25
$38.5M
$20.4M
Q3 25
$26.9M
$19.9M
Q2 25
$23.2M
$19.6M
Q1 25
$19.7M
$17.5M
Q4 24
$19.1M
Q3 24
$340.0K
$20.2M
Q2 24
$-697.0K
$21.4M
Q1 24
$-2.5M
$19.3M
Net Profit
ORC
ORC
SGHT
SGHT
Q4 25
$103.4M
$-4.2M
Q3 25
$72.1M
$-8.2M
Q2 25
$-33.6M
$-11.9M
Q1 25
$17.1M
$-14.2M
Q4 24
$-11.8M
Q3 24
$17.3M
$-11.1M
Q2 24
$-5.0M
$-12.3M
Q1 24
$19.8M
$-16.3M
Gross Margin
ORC
ORC
SGHT
SGHT
Q4 25
87.3%
Q3 25
86.4%
Q2 25
84.8%
Q1 25
86.2%
Q4 24
86.8%
Q3 24
83.9%
Q2 24
85.8%
Q1 24
85.5%
Operating Margin
ORC
ORC
SGHT
SGHT
Q4 25
-18.0%
Q3 25
-39.7%
Q2 25
-59.6%
Q1 25
-79.2%
Q4 24
-62.5%
Q3 24
-55.7%
Q2 24
-59.2%
Q1 24
-76.4%
Net Margin
ORC
ORC
SGHT
SGHT
Q4 25
268.7%
-20.4%
Q3 25
267.8%
-41.0%
Q2 25
-145.0%
-61.0%
Q1 25
86.9%
-80.8%
Q4 24
-62.1%
Q3 24
5094.1%
-54.9%
Q2 24
714.3%
-57.7%
Q1 24
-794.2%
-84.4%
EPS (diluted)
ORC
ORC
SGHT
SGHT
Q4 25
$-0.07
Q3 25
$-0.16
Q2 25
$-0.23
Q1 25
$-0.28
Q4 24
$-0.23
Q3 24
$-0.22
Q2 24
$-0.25
Q1 24
$-0.33

Balance Sheet & Financial Strength

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

Metric
ORC
ORC
SGHT
SGHT
Cash + ST InvestmentsLiquidity on hand
$665.9M
$92.0M
Total DebtLower is stronger
$42.4M
Stockholders' EquityBook value
$1.4B
$63.9M
Total Assets
$11.7B
$115.3M
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ORC
ORC
SGHT
SGHT
Q4 25
$665.9M
$92.0M
Q3 25
$583.9M
$92.4M
Q2 25
$440.8M
$101.5M
Q1 25
$396.4M
$108.8M
Q4 24
$120.4M
Q3 24
$322.1M
$118.6M
Q2 24
$241.0M
$118.2M
Q1 24
$190.4M
$127.3M
Total Debt
ORC
ORC
SGHT
SGHT
Q4 25
$42.4M
Q3 25
$42.4M
Q2 25
$42.4M
Q1 25
$42.4M
Q4 24
$40.0M
Q3 24
$37.1M
Q2 24
$35.0M
Q1 24
$35.0M
Stockholders' Equity
ORC
ORC
SGHT
SGHT
Q4 25
$1.4B
$63.9M
Q3 25
$1.1B
$64.3M
Q2 25
$912.0M
$70.0M
Q1 25
$855.9M
$77.6M
Q4 24
$87.5M
Q3 24
$656.0M
$95.0M
Q2 24
$555.9M
$101.6M
Q1 24
$481.6M
$109.2M
Total Assets
ORC
ORC
SGHT
SGHT
Q4 25
$11.7B
$115.3M
Q3 25
$9.1B
$116.3M
Q2 25
$7.6B
$122.0M
Q1 25
$7.3B
$129.7M
Q4 24
$142.8M
Q3 24
$5.9B
$143.6M
Q2 24
$4.9B
$149.7M
Q1 24
$4.2B
$155.6M
Debt / Equity
ORC
ORC
SGHT
SGHT
Q4 25
0.66×
Q3 25
0.66×
Q2 25
0.61×
Q1 25
0.55×
Q4 24
0.46×
Q3 24
0.39×
Q2 24
0.34×
Q1 24
0.32×

Cash Flow & Capital Efficiency

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

Metric
ORC
ORC
SGHT
SGHT
Operating Cash FlowLast quarter
$120.4M
$-1.8M
Free Cash FlowOCF − Capex
$-2.0M
FCF MarginFCF / Revenue
-9.7%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
1.16×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ORC
ORC
SGHT
SGHT
Q4 25
$120.4M
$-1.8M
Q3 25
$28.0M
$-8.7M
Q2 25
$18.4M
$-7.5M
Q1 25
$25.8M
$-11.6M
Q4 24
$-3.5M
Q3 24
$-14.8M
$362.0K
Q2 24
$19.3M
$-9.5M
Q1 24
$45.0M
$-9.8M
Free Cash Flow
ORC
ORC
SGHT
SGHT
Q4 25
$-2.0M
Q3 25
$-8.9M
Q2 25
$-7.8M
Q1 25
Q4 24
$-3.6M
Q3 24
$311.0K
Q2 24
$-9.5M
Q1 24
$-9.9M
FCF Margin
ORC
ORC
SGHT
SGHT
Q4 25
-9.7%
Q3 25
-44.7%
Q2 25
-39.6%
Q1 25
Q4 24
-18.9%
Q3 24
1.5%
Q2 24
-44.7%
Q1 24
-51.4%
Capex Intensity
ORC
ORC
SGHT
SGHT
Q4 25
0.8%
Q3 25
0.9%
Q2 25
1.1%
Q1 25
0.0%
Q4 24
0.7%
Q3 24
0.3%
Q2 24
0.4%
Q1 24
0.6%
Cash Conversion
ORC
ORC
SGHT
SGHT
Q4 25
1.16×
Q3 25
0.39×
Q2 25
Q1 25
1.51×
Q4 24
Q3 24
-0.86×
Q2 24
Q1 24
2.28×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ORC
ORC

Segment breakdown not available.

SGHT
SGHT

Surgical Glaucoma$19.7M96%
Other$724.0K4%

Related Comparisons