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Sight Sciences, Inc. SGHT R2K

Healthcare · Medical Devices · United States
https://www.sightsciences.com

Sight Sciences, Inc., an ophthalmic medical device company, focuses on the development and commercialization of surgical and nonsurgical technologies for the treatment of eye prevalent diseases in the United States. The company operates in two segments, Surgical Glaucoma and Dry Eye. It offers OMNI, a surgical system family of products, such as OMNI Ergo for the catheterization and transluminal viscodilation of Schlemm's canal and cutting of the trabecular meshwork to reduce intraocular pressure in adult patients with open-angle glaucoma; and OMNI EDGE, an implant-free and minimally invasive glaucoma surgery technology. The company also provides SION, a bladeless and manually operated device used in ophthalmic surgical procedures to excise trabecular meshwork; and TearCare system, a proprietary, interventional, dry eye device designed to melt and facilitate the comprehensive removal of meibomian gland obstructions and restore gland functionality and healthy oil production for adult patients with evaporative dry eye disease due to meibomian gland disease when used in conjunction with manual expression of the meibomian glands for ophthalmologists and optometrists. It serves hospitals, medical centers, and eyecare professionals through sales representatives and distributors. The company was incorporated in 2010 and is headquartered in Menlo Park, California.

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$4.86
+31.71% 1Y

Market & Price

Market Cap
$264.43M
Current Price
$4.86
High / Low (52W)
$9.05 / $3.20
Beta
2.38

Valuation

Stock P/E
-
Industry PE
23.65
Forward P/E
-
PEG Ratio
-
Book Value
$1.20
Price to Book
4.07
P/S
3.32
EV/EBITDA
-8.19
Dividend Yield
-

Profitability & Returns

ROCE
-31.91%
ROE
-56.64%
ROA
-14.34%
Profit Margin
-46.83%
Op Margin
-35.60%
EPS (Latest Qtr)
$-0.24
EPS (TTM)
$-0.70

Balance Sheet & Liquidity

Debt/Equity
0.77
Quick Ratio
5.26
Current Ratio
5.86
Debt
$41.76M
Total Assets
$115.30M
Current Assets
$112.73M
Working Capital
$101.71M

Ownership

Promoter Holding
20.01%
Chg in Prom Hold
-
FII / Inst Holding
53.95%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$221.23M
Total Revenue (TTM)
$79.55M
EBITDA
$-27.01M
Free Cash Flow
$-8.58M
Operating Cash Flow
$-25.12M
Shares Outstanding
54.41M
Gross Margin
86.17%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
2.74%
Profit 5Y
18.48%
Revenue (YoY)
12.50%
Earnings (YoY)
-

PROS

  • Profit CAGR of 18.5% over 5 years.

CONS

  • Trading 46.3% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 SGHT Sight Sciences, Inc. R2K 4.86 - $264.43M - -31.91% -56.64% 2.74% 18.48%
2 LLY Eli Lilly and Company SPX 1,105.00 39.21 $985.37B 0.63% 38.44% 107.46% 31.69% 48.96%
3 JNJ Johnson & Johnson SPX 225.33 26.11 $542.42B 2.38% 23.13% 26.42% 5.60% 14.32%
4 UNH UnitedHealth Group Incorporated SPX 380.31 28.66 $345.38B 2.32% 9.60% 12.18% 11.35% -15.69%
5 MRK Merck & Co., Inc. SPX 118.72 33.44 $293.22B 2.86% 20.66% 18.94% 3.12% 7.93%
6 TMO Thermo Fisher Scientific Inc. SPX 492.51 27.11 $183.03B 0.38% 9.17% 13.52% -0.27% -1.19%
7 AMGN Amgen Inc. NDXSPX 336.79 23.42 $181.77B 2.99% 18.02% 101.32% 11.77% 5.58%
8 GILD Gilead Sciences, Inc. NDXSPX 134.43 18.29 $166.90B 2.44% 22.92% 43.36% 2.57% 22.83%
9 ISRG Intuitive Surgical, Inc. NDXSPXAI 424.64 51.53 $150.39B - 15.96% 17.23% 17.39% 29.26%
Ad space

Quarterly Results

Figures in USD.

Metric Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -3.50M8.65M8.63M12.54M13.10M14.88M17.23M18.68M18.82M23.47M20.01M19.27M21.37M20.16M-17.51M19.56M19.91M20.39M19.70M
Cost of Revenue ----------------2.41M2.98M2.71M2.60M2.72M
Gross Profit -1.42M6.03M6.33M10.23M11.04M11.85M14.49M15.75M15.78M20.09M17.33M16.47M18.34M16.91M-15.09M16.59M17.20M17.79M16.98M
Operating Expenses ----------------28.95M28.25M25.10M21.46M29.39M
Operating Income --7.69M-7.36M-11.66M-11.08M-14.03M-22.19M-22.86M-21.84M-17.57M-15.19M-13.41M-14.72M-12.65M-11.23M--13.86M-11.67M-7.91M-3.67M-12.41M
EBITDA -----------------12.70M-10.49M-6.84M-2.76M-11.60M
Interest Expense ----------------1.26M1.28M1.31M1.29M1.27M
Pretax Income -----------------14.11M-11.90M-8.25M-4.15M-12.97M
Tax Provision ----------------41.00K40.00K-79.00K8.00K11.00K
Net Income -9.18M-8.32M-8.10M-12.24M-17.61M-17.17M-23.26M-23.84M-22.23M-17.07M-14.75M-13.04M-16.27M-12.33M-11.07M--14.15M-11.94M-8.17M-4.16M-12.98M
Diluted EPS ------0.43-0.49-0.50-0.46-0.35-0.30-0.27-0.33-0.25-0.22--0.28-0.23-0.16-0.08-0.24
R&D Expense -1.44M2.16M3.44M3.55M4.28M5.65M5.93M6.05M4.67M5.22M4.24M4.64M4.32M4.75M-4.43M4.39M3.35M-2.55M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 27.64M-71.33M81.06M79.87M77.36M
Cost of Revenue --12.36M11.88M11.58M10.70M
Gross Profit 18.43M-58.97M69.17M68.28M66.67M
Operating Expenses --142.92M126.45M118.82M103.77M
Operating Income -32.19M--83.95M-57.27M-50.53M-37.10M
EBITDA ---81.02M-49.41M-45.90M-32.79M
Interest Expense --4.47M5.41M4.66M5.14M
Pretax Income ---86.19M-55.44M-51.27M-38.42M
Tax Provision --47.00K110.00K236.00K10.00K
Net Income -34.69M--86.24M-55.55M-51.51M-38.43M
Diluted EPS --2.36-1.80-1.14-1.03-
R&D Expense 8.87M15.63M22.86M17.56M17.99M14.61M

Compounded Sales Growth

5 Years:2.74%
1 Year:12.50%

Compounded Profit Growth

5 Years:18.48%
1 Year:-

Stock Price Performance

1 Year:+31.71%
6 Months:-40.00%
3 Months:-5.81%
1 Month:+22.42%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -72.81M-213.07M166.65M142.84M115.30M
Current Assets ---209.68M162.87M139.77M112.73M
Cash & Equivalents -61.51M-185.00M138.13M120.36M91.97M
Inventory ---6.11M7.85M6.33M7.77M
Receivables ---15.15M14.29M10.79M9.74M
Total Liabilities -44.32M-53.00M46.44M55.32M51.36M
Current Liabilities -9.31M-17.82M12.25M15.47M11.03M
Long Term Debt -31.95M-33.31M31.71M39.36M40.30M
Total Debt ---34.98M35.41M40.36M40.77M
Total Equity -54.68M-88.85M-160.08M120.22M87.52M63.94M
Shares Outstanding ---48.30M49.13M50.94M53.49M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -32.17M--75.97M-47.18M-22.35M-29.69M
Investing Cash Flow -953.00K--970.00K-791.00K-385.00K-224.00K
Financing Cash Flow 73.40M-1.25M1.10M4.96M1.79M
Capital Expenditure -953.00K--970.00K-791.00K-385.00K-224.00K
Free Cash Flow -33.13M--76.94M-47.98M-22.74M-29.92M
Net Change in Cash ---75.69M-46.87M-17.77M-28.13M

Ratios (Annual)

Figures in %.

Metric Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % 66.7%-82.7%85.3%85.5%86.2%
Operating Margin % -116.5%--117.7%-70.7%-63.3%-48.0%
Net Margin % -125.5%--120.9%-68.5%-64.5%-49.7%
ROE % 39.0%--53.9%-46.2%-58.8%-60.1%
ROCE % -50.7%--43.0%-37.1%-39.7%-35.6%

Shareholding Pattern

Insiders
20.01%
Institutions
53.95%
Public Float
67.44%

Top Institutional Holders

#Holder% HeldSharesValue
1 Long Focus Capital Management, LLC 6.61% 3.59M $17.47M
2 Blackrock Inc. 5.20% 2.83M $13.76M
3 Pathstone Holdings, LLC 4.41% 2.40M $11.65M
4 Americana Partners, LLC 3.09% 1.68M $8.16M
5 Vanguard Capital Management LLC 2.67% 1.45M $7.06M
6 B Group, Inc. 1.78% 970.00K $4.71M
7 Geode Capital Management, LLC 1.68% 915.44K $4.45M
8 State Street Corporation 1.53% 835.03K $4.06M
9 Acadian Asset Management. LLC 1.42% 770.93K $3.75M
10 Qube Research & Technologies Ltd 0.91% 497.51K $2.42M

Analyst View

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