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Side-by-side financial comparison of STAAR SURGICAL CO (STAA) and Stran & Company, Inc. (SWAG). Click either name above to swap in a different company.

STAAR SURGICAL CO is the larger business by last-quarter revenue ($49.0M vs $28.9M, roughly 1.7× Stran & Company, Inc.). Stran & Company, Inc. runs the higher net margin — 0.8% vs -69.9%, a 70.8% gap on every dollar of revenue. On growth, Stran & Company, Inc. posted the faster year-over-year revenue change (7.2% vs -35.8%). Stran & Company, Inc. produced more free cash flow last quarter ($38.0K vs $-5.1M). Over the past eight quarters, Stran & Company, Inc.'s revenue compounded faster (24.0% CAGR vs -18.4%).

STAAR Surgical Co is a global ophthalmic medical device firm. It designs, makes and sells implantable collamer lenses (ICLs) for minimally invasive vision correction, plus supporting surgical products for ophthalmologists across North America, Europe, Asia Pacific and other key regional markets.

Stran & Company, Inc. provides branded promotional products, custom merchandise and integrated marketing solutions for corporate clients. It serves customers across retail, healthcare, technology, education and other sectors, supporting brand campaigns, customer engagement and employee incentive programs.

STAA vs SWAG — Head-to-Head

Bigger by revenue
STAA
STAA
1.7× larger
STAA
$49.0M
$28.9M
SWAG
Growing faster (revenue YoY)
SWAG
SWAG
+43.0% gap
SWAG
7.2%
-35.8%
STAA
Higher net margin
SWAG
SWAG
70.8% more per $
SWAG
0.8%
-69.9%
STAA
More free cash flow
SWAG
SWAG
$5.1M more FCF
SWAG
$38.0K
$-5.1M
STAA
Faster 2-yr revenue CAGR
SWAG
SWAG
Annualised
SWAG
24.0%
-18.4%
STAA

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
STAA
STAA
SWAG
SWAG
Revenue
$49.0M
$28.9M
Net Profit
$-34.2M
$243.0K
Gross Margin
64.7%
30.4%
Operating Margin
-57.0%
-0.1%
Net Margin
-69.9%
0.8%
Revenue YoY
-35.8%
7.2%
Net Profit YoY
-541.3%
141.5%
EPS (diluted)
$-0.69
$0.02

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
STAA
STAA
SWAG
SWAG
Q4 25
$28.9M
Q3 25
$26.0M
Q2 25
$32.6M
Q1 25
$28.7M
Q4 24
$49.0M
$27.0M
Q3 24
$88.6M
$20.1M
Q2 24
$99.0M
$16.7M
Q1 24
$77.4M
$18.8M
Net Profit
STAA
STAA
SWAG
SWAG
Q4 25
$243.0K
Q3 25
$-1.2M
Q2 25
$643.0K
Q1 25
$-393.0K
Q4 24
$-34.2M
$-586.0K
Q3 24
$10.0M
$-2.0M
Q2 24
$7.4M
$-1.0M
Q1 24
$-3.3M
$-491.0K
Gross Margin
STAA
STAA
SWAG
SWAG
Q4 25
30.4%
Q3 25
27.2%
Q2 25
30.3%
Q1 25
29.6%
Q4 24
64.7%
32.5%
Q3 24
77.3%
29.5%
Q2 24
79.2%
32.8%
Q1 24
78.9%
29.8%
Operating Margin
STAA
STAA
SWAG
SWAG
Q4 25
-0.1%
Q3 25
-6.9%
Q2 25
1.2%
Q1 25
-1.9%
Q4 24
-57.0%
-3.5%
Q3 24
6.4%
-10.8%
Q2 24
12.0%
-6.6%
Q1 24
-2.9%
-3.5%
Net Margin
STAA
STAA
SWAG
SWAG
Q4 25
0.8%
Q3 25
-4.8%
Q2 25
2.0%
Q1 25
-1.4%
Q4 24
-69.9%
-2.2%
Q3 24
11.3%
-10.1%
Q2 24
7.5%
-6.1%
Q1 24
-4.3%
-2.6%
EPS (diluted)
STAA
STAA
SWAG
SWAG
Q4 25
$0.02
Q3 25
$-0.07
Q2 25
$0.03
Q1 25
$-0.02
Q4 24
$-0.69
$-0.02
Q3 24
$0.20
$-0.11
Q2 24
$0.15
$-0.06
Q1 24
$-0.07
$-0.03

Balance Sheet & Financial Strength

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

Metric
STAA
STAA
SWAG
SWAG
Cash + ST InvestmentsLiquidity on hand
$230.5M
$11.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$397.3M
$30.5M
Total Assets
$509.5M
$49.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
STAA
STAA
SWAG
SWAG
Q4 25
$11.6M
Q3 25
$11.8M
Q2 25
$18.1M
Q1 25
$12.2M
Q4 24
$230.5M
$18.2M
Q3 24
$236.0M
$6.9M
Q2 24
$235.2M
$9.6M
Q1 24
$245.1M
$10.7M
Stockholders' Equity
STAA
STAA
SWAG
SWAG
Q4 25
$30.5M
Q3 25
$30.2M
Q2 25
$31.8M
Q1 25
$31.3M
Q4 24
$397.3M
$31.6M
Q3 24
$428.1M
$32.3M
Q2 24
$409.1M
$34.3M
Q1 24
$392.8M
$35.2M
Total Assets
STAA
STAA
SWAG
SWAG
Q4 25
$49.3M
Q3 25
$50.3M
Q2 25
$61.2M
Q1 25
$52.2M
Q4 24
$509.5M
$55.1M
Q3 24
$537.6M
$48.8M
Q2 24
$512.7M
$46.6M
Q1 24
$492.5M
$47.9M

Cash Flow & Capital Efficiency

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

Metric
STAA
STAA
SWAG
SWAG
Operating Cash FlowLast quarter
$642.0K
$161.0K
Free Cash FlowOCF − Capex
$-5.1M
$38.0K
FCF MarginFCF / Revenue
-10.4%
0.1%
Capex IntensityCapex / Revenue
11.7%
0.4%
Cash ConversionOCF / Net Profit
0.66×
TTM Free Cash FlowTrailing 4 quarters
$-7.7M
$-5.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
STAA
STAA
SWAG
SWAG
Q4 25
$161.0K
Q3 25
$-5.4M
Q2 25
$6.4M
Q1 25
$-5.9M
Q4 24
$642.0K
$1.3M
Q3 24
$3.8M
$-2.7M
Q2 24
$-10.4M
$2.1M
Q1 24
$21.7M
$2.1M
Free Cash Flow
STAA
STAA
SWAG
SWAG
Q4 25
$38.0K
Q3 25
$-5.9M
Q2 25
$6.3M
Q1 25
$-6.0M
Q4 24
$-5.1M
$1.2M
Q3 24
$-2.4M
$-2.9M
Q2 24
$-16.6M
$1.9M
Q1 24
$16.5M
$1.9M
FCF Margin
STAA
STAA
SWAG
SWAG
Q4 25
0.1%
Q3 25
-22.6%
Q2 25
19.5%
Q1 25
-21.0%
Q4 24
-10.4%
4.6%
Q3 24
-2.7%
-14.3%
Q2 24
-16.8%
11.6%
Q1 24
21.3%
9.9%
Capex Intensity
STAA
STAA
SWAG
SWAG
Q4 25
0.4%
Q3 25
1.9%
Q2 25
0.2%
Q1 25
0.4%
Q4 24
11.7%
0.3%
Q3 24
7.0%
0.7%
Q2 24
6.3%
1.1%
Q1 24
6.7%
1.0%
Cash Conversion
STAA
STAA
SWAG
SWAG
Q4 25
0.66×
Q3 25
Q2 25
9.99×
Q1 25
Q4 24
Q3 24
0.38×
Q2 24
-1.41×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

STAA
STAA

Segment breakdown not available.

SWAG
SWAG

Promotional Products Dropshipping$11.2M39%
Casino Continuity Program$6.9M24%
Promotional Products Company Owned Inventory$4.6M16%
Promotional Products Bulk Dropshipping$3.8M13%
Promotional Products Thirdparty Distributor$1.8M6%
Other$610.0K2%

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