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Side-by-side financial comparison of STAAR SURGICAL CO (STAA) and VIRCO MFG CORPORATION (VIRC). Click either name above to swap in a different company.

STAAR SURGICAL CO is the larger business by last-quarter revenue ($49.0M vs $47.6M, roughly 1.0× VIRCO MFG CORPORATION). VIRCO MFG CORPORATION runs the higher net margin — -2.8% vs -69.9%, a 67.1% gap on every dollar of revenue. On growth, STAAR SURGICAL CO posted the faster year-over-year revenue change (-35.8% vs -42.3%). VIRCO MFG CORPORATION produced more free cash flow last quarter ($24.5M vs $-5.1M). Over the past eight quarters, VIRCO MFG CORPORATION's revenue compounded faster (5.7% 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.

The Virco Manufacturing Corporation, more commonly known as Virco, is an American furniture manufacturer based in Torrance, California which focuses on providing products for educational markets. The principal products of the company include student desks and activity tables, school and office seating, computer stations, lightweight folding tables, and upholstered chairs.

STAA vs VIRC — Head-to-Head

Bigger by revenue
STAA
STAA
1.0× larger
STAA
$49.0M
$47.6M
VIRC
Growing faster (revenue YoY)
STAA
STAA
+6.5% gap
STAA
-35.8%
-42.3%
VIRC
Higher net margin
VIRC
VIRC
67.1% more per $
VIRC
-2.8%
-69.9%
STAA
More free cash flow
VIRC
VIRC
$29.6M more FCF
VIRC
$24.5M
$-5.1M
STAA
Faster 2-yr revenue CAGR
VIRC
VIRC
Annualised
VIRC
5.7%
-18.4%
STAA

Income Statement — Q4 FY2024 vs Q3 FY2026

Metric
STAA
STAA
VIRC
VIRC
Revenue
$49.0M
$47.6M
Net Profit
$-34.2M
$-1.3M
Gross Margin
64.7%
38.0%
Operating Margin
-57.0%
-3.6%
Net Margin
-69.9%
-2.8%
Revenue YoY
-35.8%
-42.3%
Net Profit YoY
-541.3%
-115.8%
EPS (diluted)
$-0.69
$-0.08

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
VIRC
VIRC
Q4 25
$47.6M
Q3 25
$92.1M
Q2 25
$33.8M
Q1 25
$28.5M
Q4 24
$49.0M
$82.6M
Q3 24
$88.6M
$108.4M
Q2 24
$99.0M
$46.7M
Q1 24
$77.4M
$42.6M
Net Profit
STAA
STAA
VIRC
VIRC
Q4 25
$-1.3M
Q3 25
$10.2M
Q2 25
$732.0K
Q1 25
$-5.7M
Q4 24
$-34.2M
$8.4M
Q3 24
$10.0M
$16.8M
Q2 24
$7.4M
$2.1M
Q1 24
$-3.3M
$-2.3M
Gross Margin
STAA
STAA
VIRC
VIRC
Q4 25
38.0%
Q3 25
44.4%
Q2 25
47.5%
Q1 25
26.2%
Q4 24
64.7%
44.4%
Q3 24
77.3%
46.3%
Q2 24
79.2%
43.5%
Q1 24
78.9%
37.7%
Operating Margin
STAA
STAA
VIRC
VIRC
Q4 25
-3.6%
Q3 25
16.7%
Q2 25
-0.3%
Q1 25
-28.5%
Q4 24
-57.0%
13.5%
Q3 24
6.4%
20.2%
Q2 24
12.0%
6.4%
Q1 24
-2.9%
-6.5%
Net Margin
STAA
STAA
VIRC
VIRC
Q4 25
-2.8%
Q3 25
11.1%
Q2 25
2.2%
Q1 25
-20.1%
Q4 24
-69.9%
10.2%
Q3 24
11.3%
15.5%
Q2 24
7.5%
4.6%
Q1 24
-4.3%
-5.5%
EPS (diluted)
STAA
STAA
VIRC
VIRC
Q4 25
$-0.08
Q3 25
$0.65
Q2 25
$0.05
Q1 25
$-0.37
Q4 24
$-0.69
$0.52
Q3 24
$0.20
$1.04
Q2 24
$0.15
$0.13
Q1 24
$-0.07
$-0.14

Balance Sheet & Financial Strength

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

Metric
STAA
STAA
VIRC
VIRC
Cash + ST InvestmentsLiquidity on hand
$230.5M
Total DebtLower is stronger
$3.9M
Stockholders' EquityBook value
$397.3M
$113.6M
Total Assets
$509.5M
$181.5M
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
STAA
STAA
VIRC
VIRC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$230.5M
Q3 24
$236.0M
Q2 24
$235.2M
Q1 24
$245.1M
$5.3M
Total Debt
STAA
STAA
VIRC
VIRC
Q4 25
$3.9M
Q3 25
$4.0M
Q2 25
$4.1M
Q1 25
$4.1M
Q4 24
$4.2M
Q3 24
$4.3M
Q2 24
$7.0M
Q1 24
$4.4M
Stockholders' Equity
STAA
STAA
VIRC
VIRC
Q4 25
$113.6M
Q3 25
$115.4M
Q2 25
$105.6M
Q1 25
$109.3M
Q4 24
$397.3M
$115.9M
Q3 24
$428.1M
$107.8M
Q2 24
$409.1M
$91.6M
Q1 24
$392.8M
$91.2M
Total Assets
STAA
STAA
VIRC
VIRC
Q4 25
$181.5M
Q3 25
$198.6M
Q2 25
$183.8M
Q1 25
$191.9M
Q4 24
$509.5M
$210.1M
Q3 24
$537.6M
$216.3M
Q2 24
$512.7M
$152.5M
Q1 24
$492.5M
$146.4M
Debt / Equity
STAA
STAA
VIRC
VIRC
Q4 25
0.03×
Q3 25
0.03×
Q2 25
0.04×
Q1 25
0.04×
Q4 24
0.04×
Q3 24
0.04×
Q2 24
0.08×
Q1 24
0.05×

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
VIRC
VIRC
Operating Cash FlowLast quarter
$642.0K
$25.8M
Free Cash FlowOCF − Capex
$-5.1M
$24.5M
FCF MarginFCF / Revenue
-10.4%
51.5%
Capex IntensityCapex / Revenue
11.7%
2.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-7.7M
$-4.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
STAA
STAA
VIRC
VIRC
Q4 25
$25.8M
Q3 25
$3.2M
Q2 25
$-19.0M
Q1 25
$-8.3M
Q4 24
$642.0K
$33.5M
Q3 24
$3.8M
$12.5M
Q2 24
$-10.4M
$-4.5M
Q1 24
$21.7M
$4.7M
Free Cash Flow
STAA
STAA
VIRC
VIRC
Q4 25
$24.5M
Q3 25
$1.8M
Q2 25
$-21.5M
Q1 25
$-9.2M
Q4 24
$-5.1M
$31.0M
Q3 24
$-2.4M
$10.7M
Q2 24
$-16.6M
$-5.6M
Q1 24
$16.5M
$4.0M
FCF Margin
STAA
STAA
VIRC
VIRC
Q4 25
51.5%
Q3 25
2.0%
Q2 25
-63.6%
Q1 25
-32.4%
Q4 24
-10.4%
37.5%
Q3 24
-2.7%
9.8%
Q2 24
-16.8%
-12.0%
Q1 24
21.3%
9.5%
Capex Intensity
STAA
STAA
VIRC
VIRC
Q4 25
2.7%
Q3 25
1.5%
Q2 25
7.2%
Q1 25
3.3%
Q4 24
11.7%
3.0%
Q3 24
7.0%
1.7%
Q2 24
6.3%
2.3%
Q1 24
6.7%
1.5%
Cash Conversion
STAA
STAA
VIRC
VIRC
Q4 25
Q3 25
0.31×
Q2 25
-26.00×
Q1 25
Q4 24
3.98×
Q3 24
0.38×
0.74×
Q2 24
-1.41×
-2.11×
Q1 24

Financial Flow Comparison

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

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