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

ATRenew Inc. is the larger business by last-quarter revenue ($43.2M vs $32.6M, roughly 1.3× RxSight, Inc.). ATRenew Inc. runs the higher net margin — 16.9% vs -28.1%, a 45.0% gap on every dollar of revenue.

ATRenew Inc. operates a leading pre-owned consumer electronics transaction and servicing ecosystem primarily in China. Its core services include end-to-end device recycling, professional quality inspection, certified refurbishment, and resale of smartphones, laptops, tablets and other digital products, serving both individual consumers and enterprise clients across domestic and select Southeast Asian markets.

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.

RERE vs RXST — Head-to-Head

Bigger by revenue
RERE
RERE
1.3× larger
RERE
$43.2M
$32.6M
RXST
Higher net margin
RERE
RERE
45.0% more per $
RERE
16.9%
-28.1%
RXST

Income Statement — Q1 FY2023 vs Q4 FY2025

Metric
RERE
RERE
RXST
RXST
Revenue
$43.2M
$32.6M
Net Profit
$7.3M
$-9.2M
Gross Margin
77.5%
Operating Margin
-34.8%
Net Margin
16.9%
-28.1%
Revenue YoY
-18.9%
Net Profit YoY
-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.

Revenue
RERE
RERE
RXST
RXST
Q4 25
$32.6M
Q3 25
$30.3M
Q2 25
$33.6M
Q1 25
$37.9M
Q4 24
$40.2M
Q3 24
$35.3M
Q2 24
$34.9M
Q1 24
$29.5M
Net Profit
RERE
RERE
RXST
RXST
Q4 25
$-9.2M
Q3 25
$-9.8M
Q2 25
$-11.8M
Q1 25
$-8.2M
Q4 24
$-5.9M
Q3 24
$-6.3M
Q2 24
$-6.1M
Q1 24
$-9.1M
Gross Margin
RERE
RERE
RXST
RXST
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%
Operating Margin
RERE
RERE
RXST
RXST
Q4 25
-34.8%
Q3 25
-40.1%
Q2 25
-41.6%
Q1 25
-28.2%
Q4 24
-21.5%
Q3 24
-26.1%
Q2 24
-23.9%
Q1 24
-36.2%
Net Margin
RERE
RERE
RXST
RXST
Q4 25
-28.1%
Q3 25
-32.4%
Q2 25
-35.0%
Q1 25
-21.6%
Q4 24
-14.8%
Q3 24
-17.9%
Q2 24
-17.4%
Q1 24
-30.8%
EPS (diluted)
RERE
RERE
RXST
RXST
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
RERE
RERE
RXST
RXST
Cash + ST InvestmentsLiquidity on hand
$228.0M
$228.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$557.1M
$275.7M
Total Assets
$722.9M
$311.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RERE
RERE
RXST
RXST
Q4 25
$228.1M
Q3 25
$227.5M
Q2 25
$227.5M
Q1 25
$229.3M
Q4 24
$237.2M
Q3 24
$237.1M
Q2 24
$233.3M
Q1 24
$125.4M
Stockholders' Equity
RERE
RERE
RXST
RXST
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
Total Assets
RERE
RERE
RXST
RXST
Q4 25
$311.8M
Q3 25
$308.5M
Q2 25
$309.0M
Q1 25
$313.0M
Q4 24
$318.6M
Q3 24
$310.5M
Q2 24
$305.5M
Q1 24
$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
RERE
RERE
RXST
RXST
Operating Cash FlowLast quarter
$-1.1M
Free Cash FlowOCF − Capex
$-2.3M
FCF MarginFCF / Revenue
-6.9%
Capex IntensityCapex / Revenue
3.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-19.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RERE
RERE
RXST
RXST
Q4 25
$-1.1M
Q3 25
$-1.2M
Q2 25
$-4.4M
Q1 25
$-8.8M
Q4 24
$-4.3M
Q3 24
$650.0K
Q2 24
$-4.0M
Q1 24
$-9.3M
Free Cash Flow
RERE
RERE
RXST
RXST
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
FCF Margin
RERE
RERE
RXST
RXST
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%
Capex Intensity
RERE
RERE
RXST
RXST
Q4 25
3.5%
Q3 25
1.9%
Q2 25
4.6%
Q1 25
1.5%
Q4 24
2.1%
Q3 24
3.1%
Q2 24
4.4%
Q1 24
6.7%

Financial Flow Comparison

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

Revenue Breakdown by Segment

RERE
RERE

Segment breakdown not available.

RXST
RXST

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

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