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Side-by-side financial comparison of Sight Sciences, Inc. (SGHT) and Americas Gold & Silver Corp (USAS). Click either name above to swap in a different company.

Sight Sciences, Inc. is the larger business by last-quarter revenue ($20.4M vs $19.1M, roughly 1.1× Americas Gold & Silver Corp). Sight Sciences, Inc. runs the higher net margin — -20.4% vs -82.3%, a 61.9% gap on every dollar of revenue. On growth, Sight Sciences, Inc. posted the faster year-over-year revenue change (6.9% vs -28.0%). Sight Sciences, Inc. produced more free cash flow last quarter ($-2.0M vs $-41.3M).

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.

Pan American Silver Corporation is a mining company based in Canada with operations in Latin America. The company has mines and other projects in Mexico, Peru, Bolivia, and Argentina.

SGHT vs USAS — Head-to-Head

Bigger by revenue
SGHT
SGHT
1.1× larger
SGHT
$20.4M
$19.1M
USAS
Growing faster (revenue YoY)
SGHT
SGHT
+34.9% gap
SGHT
6.9%
-28.0%
USAS
Higher net margin
SGHT
SGHT
61.9% more per $
SGHT
-20.4%
-82.3%
USAS
More free cash flow
SGHT
SGHT
$39.3M more FCF
SGHT
$-2.0M
$-41.3M
USAS

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
SGHT
SGHT
USAS
USAS
Revenue
$20.4M
$19.1M
Net Profit
$-4.2M
$-15.7M
Gross Margin
87.3%
34.2%
Operating Margin
-18.0%
Net Margin
-20.4%
-82.3%
Revenue YoY
6.9%
-28.0%
Net Profit YoY
64.9%
2.8%
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
USAS
USAS
Q4 25
$20.4M
Q3 25
$19.9M
$19.1M
Q2 25
$19.6M
Q1 25
$17.5M
Q4 24
$19.1M
Q3 24
$20.2M
$26.5M
Q2 24
$21.4M
Q1 24
$19.3M
Net Profit
SGHT
SGHT
USAS
USAS
Q4 25
$-4.2M
Q3 25
$-8.2M
$-15.7M
Q2 25
$-11.9M
Q1 25
$-14.2M
Q4 24
$-11.8M
Q3 24
$-11.1M
$-16.2M
Q2 24
$-12.3M
Q1 24
$-16.3M
Gross Margin
SGHT
SGHT
USAS
USAS
Q4 25
87.3%
Q3 25
86.4%
34.2%
Q2 25
84.8%
Q1 25
86.2%
Q4 24
86.8%
Q3 24
83.9%
23.6%
Q2 24
85.8%
Q1 24
85.5%
Operating Margin
SGHT
SGHT
USAS
USAS
Q4 25
-18.0%
Q3 25
-39.7%
Q2 25
-59.6%
Q1 25
-79.2%
Q4 24
-62.5%
Q3 24
-55.7%
Q2 24
-59.2%
Q1 24
-76.4%
Net Margin
SGHT
SGHT
USAS
USAS
Q4 25
-20.4%
Q3 25
-41.0%
-82.3%
Q2 25
-61.0%
Q1 25
-80.8%
Q4 24
-62.1%
Q3 24
-54.9%
-60.9%
Q2 24
-57.7%
Q1 24
-84.4%
EPS (diluted)
SGHT
SGHT
USAS
USAS
Q4 25
$-0.07
Q3 25
$-0.16
Q2 25
$-0.23
Q1 25
$-0.28
Q4 24
$-0.23
Q3 24
$-0.22
Q2 24
$-0.25
Q1 24
$-0.33

Balance Sheet & Financial Strength

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

Metric
SGHT
SGHT
USAS
USAS
Cash + ST InvestmentsLiquidity on hand
$92.0M
$39.1M
Total DebtLower is stronger
$42.4M
Stockholders' EquityBook value
$63.9M
$50.2M
Total Assets
$115.3M
$234.7M
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SGHT
SGHT
USAS
USAS
Q4 25
$92.0M
Q3 25
$92.4M
$39.1M
Q2 25
$101.5M
Q1 25
$108.8M
Q4 24
$120.4M
Q3 24
$118.6M
Q2 24
$118.2M
Q1 24
$127.3M
Total Debt
SGHT
SGHT
USAS
USAS
Q4 25
$42.4M
Q3 25
$42.4M
Q2 25
$42.4M
Q1 25
$42.4M
Q4 24
$40.0M
Q3 24
$37.1M
Q2 24
$35.0M
Q1 24
$35.0M
Stockholders' Equity
SGHT
SGHT
USAS
USAS
Q4 25
$63.9M
Q3 25
$64.3M
$50.2M
Q2 25
$70.0M
Q1 25
$77.6M
Q4 24
$87.5M
Q3 24
$95.0M
$53.1M
Q2 24
$101.6M
Q1 24
$109.2M
Total Assets
SGHT
SGHT
USAS
USAS
Q4 25
$115.3M
Q3 25
$116.3M
$234.7M
Q2 25
$122.0M
Q1 25
$129.7M
Q4 24
$142.8M
Q3 24
$143.6M
Q2 24
$149.7M
Q1 24
$155.6M
Debt / Equity
SGHT
SGHT
USAS
USAS
Q4 25
0.66×
Q3 25
0.66×
Q2 25
0.61×
Q1 25
0.55×
Q4 24
0.46×
Q3 24
0.39×
Q2 24
0.34×
Q1 24
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
SGHT
SGHT
USAS
USAS
Operating Cash FlowLast quarter
$-1.8M
$-12.5M
Free Cash FlowOCF − Capex
$-2.0M
$-41.3M
FCF MarginFCF / Revenue
-9.7%
-216.5%
Capex IntensityCapex / Revenue
0.8%
150.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SGHT
SGHT
USAS
USAS
Q4 25
$-1.8M
Q3 25
$-8.7M
$-12.5M
Q2 25
$-7.5M
Q1 25
$-11.6M
Q4 24
$-3.5M
Q3 24
$362.0K
$2.4M
Q2 24
$-9.5M
Q1 24
$-9.8M
Free Cash Flow
SGHT
SGHT
USAS
USAS
Q4 25
$-2.0M
Q3 25
$-8.9M
$-41.3M
Q2 25
$-7.8M
Q1 25
Q4 24
$-3.6M
Q3 24
$311.0K
$-11.2M
Q2 24
$-9.5M
Q1 24
$-9.9M
FCF Margin
SGHT
SGHT
USAS
USAS
Q4 25
-9.7%
Q3 25
-44.7%
-216.5%
Q2 25
-39.6%
Q1 25
Q4 24
-18.9%
Q3 24
1.5%
-42.2%
Q2 24
-44.7%
Q1 24
-51.4%
Capex Intensity
SGHT
SGHT
USAS
USAS
Q4 25
0.8%
Q3 25
0.9%
150.8%
Q2 25
1.1%
Q1 25
0.0%
Q4 24
0.7%
Q3 24
0.3%
51.2%
Q2 24
0.4%
Q1 24
0.6%

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%

USAS
USAS

Segment breakdown not available.

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