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

Snail, Inc. is the larger business by last-quarter revenue ($25.1M vs $20.4M, roughly 1.2× Sight Sciences, Inc.). Snail, Inc. runs the higher net margin — -3.4% vs -20.4%, a 17.0% gap on every dollar of revenue. On growth, Sight Sciences, Inc. posted the faster year-over-year revenue change (6.9% vs -4.2%). Over the past eight quarters, Snail, Inc.'s revenue compounded faster (33.4% CAGR vs 2.9%).

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.

Suzhou Snail Digital Technology Co., Ltd., doing business as Snail, is a Chinese video game company and a Virtual Network Operator headquartered in Suzhou, China, which has branches Snail Games and Snail Mobile. Its division, Snail USA, markets Snail Games products in North America, South America, & Europe. Snail Games products include massively multiplayer online (MMOs), real-time strategy (RTS), and casual games. Its global registered user base has reached over 70 million accounts. The U.S....

SGHT vs SNAL — Head-to-Head

Bigger by revenue
SNAL
SNAL
1.2× larger
SNAL
$25.1M
$20.4M
SGHT
Growing faster (revenue YoY)
SGHT
SGHT
+11.1% gap
SGHT
6.9%
-4.2%
SNAL
Higher net margin
SNAL
SNAL
17.0% more per $
SNAL
-3.4%
-20.4%
SGHT
Faster 2-yr revenue CAGR
SNAL
SNAL
Annualised
SNAL
33.4%
2.9%
SGHT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SGHT
SGHT
SNAL
SNAL
Revenue
$20.4M
$25.1M
Net Profit
$-4.2M
$-862.2K
Gross Margin
87.3%
38.3%
Operating Margin
-18.0%
-6.0%
Net Margin
-20.4%
-3.4%
Revenue YoY
6.9%
-4.2%
Net Profit YoY
64.9%
-177.0%
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
SGHT
SGHT
SNAL
SNAL
Q4 25
$20.4M
$25.1M
Q3 25
$19.9M
$13.8M
Q2 25
$19.6M
$22.2M
Q1 25
$17.5M
$20.1M
Q4 24
$19.1M
$26.2M
Q3 24
$20.2M
$22.5M
Q2 24
$21.4M
$21.6M
Q1 24
$19.3M
$14.1M
Net Profit
SGHT
SGHT
SNAL
SNAL
Q4 25
$-4.2M
$-862.2K
Q3 25
$-8.2M
$-7.9M
Q2 25
$-11.9M
$-16.6M
Q1 25
$-14.2M
$-1.9M
Q4 24
$-11.8M
$1.1M
Q3 24
$-11.1M
$235.1K
Q2 24
$-12.3M
$2.3M
Q1 24
$-16.3M
$-1.8M
Gross Margin
SGHT
SGHT
SNAL
SNAL
Q4 25
87.3%
38.3%
Q3 25
86.4%
0.1%
Q2 25
84.8%
31.3%
Q1 25
86.2%
29.1%
Q4 24
86.8%
43.3%
Q3 24
83.9%
38.6%
Q2 24
85.8%
37.5%
Q1 24
85.5%
14.7%
Operating Margin
SGHT
SGHT
SNAL
SNAL
Q4 25
-18.0%
-6.0%
Q3 25
-39.7%
-71.3%
Q2 25
-59.6%
-8.2%
Q1 25
-79.2%
-20.4%
Q4 24
-62.5%
11.5%
Q3 24
-55.7%
1.8%
Q2 24
-59.2%
12.4%
Q1 24
-76.4%
-15.6%
Net Margin
SGHT
SGHT
SNAL
SNAL
Q4 25
-20.4%
-3.4%
Q3 25
-41.0%
-56.9%
Q2 25
-61.0%
-74.7%
Q1 25
-80.8%
-9.7%
Q4 24
-62.1%
4.3%
Q3 24
-54.9%
1.0%
Q2 24
-57.7%
10.4%
Q1 24
-84.4%
-12.6%
EPS (diluted)
SGHT
SGHT
SNAL
SNAL
Q4 25
$-0.07
Q3 25
$-0.16
Q2 25
$-0.23
$-0.44
Q1 25
$-0.28
$-0.06
Q4 24
$-0.23
$0.03
Q3 24
$-0.22
$0.01
Q2 24
$-0.25
$0.06
Q1 24
$-0.33
$-0.05

Balance Sheet & Financial Strength

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

Metric
SGHT
SGHT
SNAL
SNAL
Cash + ST InvestmentsLiquidity on hand
$92.0M
$8.6M
Total DebtLower is stronger
$42.4M
$14.6M
Stockholders' EquityBook value
$63.9M
$-16.4M
Total Assets
$115.3M
$59.3M
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SGHT
SGHT
SNAL
SNAL
Q4 25
$92.0M
$8.6M
Q3 25
$92.4M
$12.3M
Q2 25
$101.5M
$7.9M
Q1 25
$108.8M
$9.4M
Q4 24
$120.4M
$7.3M
Q3 24
$118.6M
$10.6M
Q2 24
$118.2M
$15.5M
Q1 24
$127.3M
$16.1M
Total Debt
SGHT
SGHT
SNAL
SNAL
Q4 25
$42.4M
$14.6M
Q3 25
$42.4M
$10.5M
Q2 25
$42.4M
$11.8M
Q1 25
$42.4M
$9.0M
Q4 24
$40.0M
$5.7M
Q3 24
$37.1M
$5.7M
Q2 24
$35.0M
$5.8M
Q1 24
$35.0M
$6.5M
Stockholders' Equity
SGHT
SGHT
SNAL
SNAL
Q4 25
$63.9M
$-16.4M
Q3 25
$64.3M
$-15.6M
Q2 25
$70.0M
$-8.0M
Q1 25
$77.6M
$9.1M
Q4 24
$87.5M
$9.7M
Q3 24
$95.0M
$8.2M
Q2 24
$101.6M
$7.9M
Q1 24
$109.2M
$5.6M
Total Assets
SGHT
SGHT
SNAL
SNAL
Q4 25
$115.3M
$59.3M
Q3 25
$116.3M
$51.1M
Q2 25
$122.0M
$58.0M
Q1 25
$129.7M
$64.5M
Q4 24
$142.8M
$62.2M
Q3 24
$143.6M
$66.8M
Q2 24
$149.7M
$75.4M
Q1 24
$155.6M
$78.3M
Debt / Equity
SGHT
SGHT
SNAL
SNAL
Q4 25
0.66×
Q3 25
0.66×
Q2 25
0.61×
Q1 25
0.55×
0.99×
Q4 24
0.46×
0.59×
Q3 24
0.39×
0.70×
Q2 24
0.34×
0.73×
Q1 24
0.32×
1.16×

Cash Flow & Capital Efficiency

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

Metric
SGHT
SGHT
SNAL
SNAL
Operating Cash FlowLast quarter
$-1.8M
$-5.3M
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
SGHT
SGHT
SNAL
SNAL
Q4 25
$-1.8M
$-5.3M
Q3 25
$-8.7M
$6.6M
Q2 25
$-7.5M
$-3.2M
Q1 25
$-11.6M
$764.5K
Q4 24
$-3.5M
$-3.6M
Q3 24
$362.0K
$-5.0M
Q2 24
$-9.5M
$206.6K
Q1 24
$-9.8M
$6.8M
Free Cash Flow
SGHT
SGHT
SNAL
SNAL
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
SGHT
SGHT
SNAL
SNAL
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
SGHT
SGHT
SNAL
SNAL
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
SGHT
SGHT
SNAL
SNAL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-3.21×
Q3 24
-21.05×
Q2 24
0.09×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

SGHT
SGHT

Surgical Glaucoma$19.7M96%
Other$724.0K4%

SNAL
SNAL

Pc$14.7M59%
Platform Three$5.2M21%
Platform Two$3.3M13%
Sales Channel Directly To Consumer Mobile Sale$1.6M6%

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