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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
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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% |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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
Segment breakdown not available.
RXST
| Rxlal | $28.2M | 86% |
| LDD | $3.0M | 9% |
| Service Warranty Service Contracts And Accessories | $1.5M | 4% |