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Side-by-side financial comparison of Ouster, Inc. (OUST) and RxSight, Inc. (RXST). Click either name above to swap in a different company.

Ouster, Inc. is the larger business by last-quarter revenue ($62.2M vs $32.6M, roughly 1.9× RxSight, Inc.). On growth, Ouster, Inc. posted the faster year-over-year revenue change (106.6% vs -18.9%). RxSight, Inc. produced more free cash flow last quarter ($-2.3M vs $-37.2M). Over the past eight quarters, Ouster, Inc.'s revenue compounded faster (54.8% CAGR vs 5.1%).

Ouster, Inc. is an American lidar technology company headquartered in San Francisco, California. It builds high-resolution, digital 3D lidar sensors for use in autonomous vehicles, industrial, robotics, drones, mapping, defense, and security systems.

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.

OUST vs RXST — Head-to-Head

Bigger by revenue
OUST
OUST
1.9× larger
OUST
$62.2M
$32.6M
RXST
Growing faster (revenue YoY)
OUST
OUST
+125.5% gap
OUST
106.6%
-18.9%
RXST
More free cash flow
RXST
RXST
$34.9M more FCF
RXST
$-2.3M
$-37.2M
OUST
Faster 2-yr revenue CAGR
OUST
OUST
Annualised
OUST
54.8%
5.1%
RXST

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OUST
OUST
RXST
RXST
Revenue
$62.2M
$32.6M
Net Profit
$-9.2M
Gross Margin
60.2%
77.5%
Operating Margin
1.5%
-34.8%
Net Margin
-28.1%
Revenue YoY
106.6%
-18.9%
Net Profit YoY
-54.1%
EPS (diluted)
$0.10
$-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.

Revenue
OUST
OUST
RXST
RXST
Q4 25
$62.2M
$32.6M
Q3 25
$39.5M
$30.3M
Q2 25
$35.0M
$33.6M
Q1 25
$32.6M
$37.9M
Q4 24
$30.1M
$40.2M
Q3 24
$28.1M
$35.3M
Q2 24
$27.0M
$34.9M
Q1 24
$25.9M
$29.5M
Net Profit
OUST
OUST
RXST
RXST
Q4 25
$-9.2M
Q3 25
$-21.7M
$-9.8M
Q2 25
$-20.6M
$-11.8M
Q1 25
$-22.0M
$-8.2M
Q4 24
$-5.9M
Q3 24
$-25.6M
$-6.3M
Q2 24
$-23.9M
$-6.1M
Q1 24
$-23.8M
$-9.1M
Gross Margin
OUST
OUST
RXST
RXST
Q4 25
60.2%
77.5%
Q3 25
42.1%
79.9%
Q2 25
45.2%
74.9%
Q1 25
41.3%
74.8%
Q4 24
43.8%
71.6%
Q3 24
38.3%
71.4%
Q2 24
33.7%
69.5%
Q1 24
28.6%
70.1%
Operating Margin
OUST
OUST
RXST
RXST
Q4 25
1.5%
-34.8%
Q3 25
-61.4%
-40.1%
Q2 25
-76.5%
-41.6%
Q1 25
-73.0%
-28.2%
Q4 24
-85.1%
-21.5%
Q3 24
-98.0%
-26.1%
Q2 24
-93.6%
-23.9%
Q1 24
-99.5%
-36.2%
Net Margin
OUST
OUST
RXST
RXST
Q4 25
-28.1%
Q3 25
-55.0%
-32.4%
Q2 25
-58.8%
-35.0%
Q1 25
-67.5%
-21.6%
Q4 24
-14.8%
Q3 24
-91.1%
-17.9%
Q2 24
-88.4%
-17.4%
Q1 24
-91.9%
-30.8%
EPS (diluted)
OUST
OUST
RXST
RXST
Q4 25
$0.10
$-0.22
Q3 25
$-0.37
$-0.24
Q2 25
$-0.38
$-0.29
Q1 25
$-0.42
$-0.20
Q4 24
$-0.46
$-0.14
Q3 24
$-0.54
$-0.16
Q2 24
$-0.53
$-0.16
Q1 24
$-0.55
$-0.25

Balance Sheet & Financial Strength

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

Metric
OUST
OUST
RXST
RXST
Cash + ST InvestmentsLiquidity on hand
$208.6M
$228.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$261.7M
$275.7M
Total Assets
$349.5M
$311.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OUST
OUST
RXST
RXST
Q4 25
$208.6M
$228.1M
Q3 25
$244.5M
$227.5M
Q2 25
$226.5M
$227.5M
Q1 25
$168.2M
$229.3M
Q4 24
$172.0M
$237.2M
Q3 24
$151.4M
$237.1M
Q2 24
$184.2M
$233.3M
Q1 24
$187.8M
$125.4M
Stockholders' Equity
OUST
OUST
RXST
RXST
Q4 25
$261.7M
$275.7M
Q3 25
$247.4M
$276.0M
Q2 25
$221.0M
$278.0M
Q1 25
$167.9M
$279.3M
Q4 24
$180.9M
$281.2M
Q3 24
$171.7M
$277.3M
Q2 24
$170.6M
$275.2M
Q1 24
$167.2M
$163.9M
Total Assets
OUST
OUST
RXST
RXST
Q4 25
$349.5M
$311.8M
Q3 25
$353.8M
$308.5M
Q2 25
$321.8M
$309.0M
Q1 25
$268.6M
$313.0M
Q4 24
$276.1M
$318.6M
Q3 24
$255.2M
$310.5M
Q2 24
$309.9M
$305.5M
Q1 24
$317.7M
$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
OUST
OUST
RXST
RXST
Operating Cash FlowLast quarter
$-15.4M
$-1.1M
Free Cash FlowOCF − Capex
$-37.2M
$-2.3M
FCF MarginFCF / Revenue
-59.8%
-6.9%
Capex IntensityCapex / Revenue
35.0%
3.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-64.8M
$-19.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OUST
OUST
RXST
RXST
Q4 25
$-15.4M
$-1.1M
Q3 25
$-18.3M
$-1.2M
Q2 25
$-1.3M
$-4.4M
Q1 25
$-4.9M
$-8.8M
Q4 24
$-2.6M
$-4.3M
Q3 24
$-3.8M
$650.0K
Q2 24
$-21.6M
$-4.0M
Q1 24
$-5.7M
$-9.3M
Free Cash Flow
OUST
OUST
RXST
RXST
Q4 25
$-37.2M
$-2.3M
Q3 25
$-20.0M
$-1.8M
Q2 25
$-2.2M
$-5.9M
Q1 25
$-5.4M
$-9.4M
Q4 24
$-4.0M
$-5.1M
Q3 24
$-4.3M
$-453.0K
Q2 24
$-22.0M
$-5.5M
Q1 24
$-7.1M
$-11.3M
FCF Margin
OUST
OUST
RXST
RXST
Q4 25
-59.8%
-6.9%
Q3 25
-50.7%
-5.8%
Q2 25
-6.3%
-17.6%
Q1 25
-16.6%
-24.8%
Q4 24
-13.3%
-12.7%
Q3 24
-15.4%
-1.3%
Q2 24
-81.5%
-15.9%
Q1 24
-27.4%
-38.2%
Capex Intensity
OUST
OUST
RXST
RXST
Q4 25
35.0%
3.5%
Q3 25
4.3%
1.9%
Q2 25
2.5%
4.6%
Q1 25
1.7%
1.5%
Q4 24
4.8%
2.1%
Q3 24
2.0%
3.1%
Q2 24
1.3%
4.4%
Q1 24
5.3%
6.7%

Financial Flow Comparison

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

Revenue Breakdown by Segment

OUST
OUST

Segment breakdown not available.

RXST
RXST

Rxlal$28.2M86%
LDD$3.0M9%
Service Warranty Service Contracts And Accessories$1.5M4%

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