vs

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

Sight Sciences, Inc. is the larger business by last-quarter revenue ($20.4M vs $13.1M, roughly 1.6× Ready Capital Corp). Sight Sciences, Inc. runs the higher net margin — -20.4% vs -1772.7%, a 1752.3% gap on every dollar of revenue. On growth, Sight Sciences, Inc. posted the faster year-over-year revenue change (6.9% vs -73.8%). Over the past eight quarters, Sight Sciences, Inc.'s revenue compounded faster (2.9% CAGR vs -48.0%).

Ready Capital Corp is a leading US-based commercial real estate finance firm. It offers tailored lending solutions including multifamily property loans, small balance commercial real estate mortgages, construction financing, and mortgage servicing services. Its core client segments include real estate investors, small business operators, and property developers across the United States.

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.

RC vs SGHT — Head-to-Head

Bigger by revenue
SGHT
SGHT
1.6× larger
SGHT
$20.4M
$13.1M
RC
Growing faster (revenue YoY)
SGHT
SGHT
+80.7% gap
SGHT
6.9%
-73.8%
RC
Higher net margin
SGHT
SGHT
1752.3% more per $
SGHT
-20.4%
-1772.7%
RC
Faster 2-yr revenue CAGR
SGHT
SGHT
Annualised
SGHT
2.9%
-48.0%
RC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
RC
RC
SGHT
SGHT
Revenue
$13.1M
$20.4M
Net Profit
$-232.6M
$-4.2M
Gross Margin
87.3%
Operating Margin
-2013.3%
-18.0%
Net Margin
-1772.7%
-20.4%
Revenue YoY
-73.8%
6.9%
Net Profit YoY
26.1%
64.9%
EPS (diluted)
$-1.43
$-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
RC
RC
SGHT
SGHT
Q4 25
$13.1M
$20.4M
Q3 25
$85.4M
$19.9M
Q2 25
$16.9M
$19.6M
Q1 25
$40.2M
$17.5M
Q4 24
$50.1M
$19.1M
Q3 24
$107.2M
$20.2M
Q2 24
$51.0M
$21.4M
Q1 24
$48.5M
$19.3M
Net Profit
RC
RC
SGHT
SGHT
Q4 25
$-232.6M
$-4.2M
Q3 25
$-16.7M
$-8.2M
Q2 25
$-53.7M
$-11.9M
Q1 25
$82.0M
$-14.2M
Q4 24
$-314.8M
$-11.8M
Q3 24
$-7.3M
$-11.1M
Q2 24
$-34.2M
$-12.3M
Q1 24
$-74.2M
$-16.3M
Gross Margin
RC
RC
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
RC
RC
SGHT
SGHT
Q4 25
-2013.3%
-18.0%
Q3 25
-31.5%
-39.7%
Q2 25
-524.9%
-59.6%
Q1 25
-79.2%
Q4 24
-629.0%
-62.5%
Q3 24
-14.8%
-55.7%
Q2 24
-157.0%
-59.2%
Q1 24
-217.9%
-76.4%
Net Margin
RC
RC
SGHT
SGHT
Q4 25
-1772.7%
-20.4%
Q3 25
-19.6%
-41.0%
Q2 25
-317.7%
-61.0%
Q1 25
203.7%
-80.8%
Q4 24
-628.8%
-62.1%
Q3 24
-6.8%
-54.9%
Q2 24
-67.1%
-57.7%
Q1 24
-152.8%
-84.4%
EPS (diluted)
RC
RC
SGHT
SGHT
Q4 25
$-1.43
$-0.07
Q3 25
$-0.13
$-0.16
Q2 25
$-0.34
$-0.23
Q1 25
$0.46
$-0.28
Q4 24
$-1.89
$-0.23
Q3 24
$-0.07
$-0.22
Q2 24
$-0.23
$-0.25
Q1 24
$-0.44
$-0.33

Balance Sheet & Financial Strength

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

Metric
RC
RC
SGHT
SGHT
Cash + ST InvestmentsLiquidity on hand
$207.8M
$92.0M
Total DebtLower is stronger
$1.4B
$42.4M
Stockholders' EquityBook value
$1.5B
$63.9M
Total Assets
$7.8B
$115.3M
Debt / EquityLower = less leverage
0.89×
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RC
RC
SGHT
SGHT
Q4 25
$207.8M
$92.0M
Q3 25
$147.5M
$92.4M
Q2 25
$162.9M
$101.5M
Q1 25
$205.9M
$108.8M
Q4 24
$143.8M
$120.4M
Q3 24
$181.3M
$118.6M
Q2 24
$226.3M
$118.2M
Q1 24
$166.0M
$127.3M
Total Debt
RC
RC
SGHT
SGHT
Q4 25
$1.4B
$42.4M
Q3 25
$1.4B
$42.4M
Q2 25
$1.4B
$42.4M
Q1 25
$1.5B
$42.4M
Q4 24
$1.3B
$40.0M
Q3 24
$1.2B
$37.1M
Q2 24
$1.2B
$35.0M
Q1 24
$1.1B
$35.0M
Stockholders' Equity
RC
RC
SGHT
SGHT
Q4 25
$1.5B
$63.9M
Q3 25
$1.8B
$64.3M
Q2 25
$1.8B
$70.0M
Q1 25
$1.9B
$77.6M
Q4 24
$1.8B
$87.5M
Q3 24
$2.2B
$95.0M
Q2 24
$2.3B
$101.6M
Q1 24
$2.4B
$109.2M
Total Assets
RC
RC
SGHT
SGHT
Q4 25
$7.8B
$115.3M
Q3 25
$8.3B
$116.3M
Q2 25
$9.3B
$122.0M
Q1 25
$10.0B
$129.7M
Q4 24
$10.1B
$142.8M
Q3 24
$11.3B
$143.6M
Q2 24
$11.8B
$149.7M
Q1 24
$12.0B
$155.6M
Debt / Equity
RC
RC
SGHT
SGHT
Q4 25
0.89×
0.66×
Q3 25
0.78×
0.66×
Q2 25
0.76×
0.61×
Q1 25
0.77×
0.55×
Q4 24
0.73×
0.46×
Q3 24
0.54×
0.39×
Q2 24
0.52×
0.34×
Q1 24
0.46×
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
RC
RC
SGHT
SGHT
Operating Cash FlowLast quarter
$432.1M
$-1.8M
Free Cash FlowOCF − Capex
$-2.0M
FCF MarginFCF / Revenue
-9.7%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RC
RC
SGHT
SGHT
Q4 25
$432.1M
$-1.8M
Q3 25
$434.7M
$-8.7M
Q2 25
$-100.3M
$-7.5M
Q1 25
$108.5M
$-11.6M
Q4 24
$274.8M
$-3.5M
Q3 24
$221.1M
$362.0K
Q2 24
$1.1M
$-9.5M
Q1 24
$23.4M
$-9.8M
Free Cash Flow
RC
RC
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
RC
RC
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
RC
RC
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
RC
RC
SGHT
SGHT
Q4 25
Q3 25
Q2 25
Q1 25
1.32×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

RC
RC

Segment breakdown not available.

SGHT
SGHT

Surgical Glaucoma$19.7M96%
Other$724.0K4%

Related Comparisons