NASDAQ$RXST

Rxsight Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

RxSight Inc reported Q2 2025 revenue of $33.6 million and a net loss of $11.8 million.

RxSight Inc delivered Q2 2025 revenue of $33.6 million, down 3.6% year-over-year, driven by lower LDD sales partially offset by higher LAL volume. The company reported a net loss of $11.8 million and an operating loss of $14.0 million. Cash and short-term investments totaled $227.5 million at quarter end.

  • Revenue declined 3.6% to $33.6 million as LDD sales fell 49% to 40 units while LAL implants rose 13% to 27,380 units.
  • Gross margin improved to 74.9% from 69.5% due to favorable product mix and operating leverage.
  • Net loss widened to $11.8 million from $6.1 million in the prior-year quarter.
  • Installed LDD base reached 1,084 units with $227.5 million in cash and short-term investments supporting operations.

Headline financials

Total Revenue

$33.6M

Previous: $34.9M-3.6%
EPS (adj)

-$0.29

Previous: -$0.16-81.2%
LALs sold

27.4K

Previous: 24.2K+13.0%
LDDs sold

40

Previous: 78-48.7%
LDD installed base

1.1K

Previous: 810+33.8%
Capital Expenditures

-$2.11M

Previous: -$3.49M+39.5%
Net Income

-$11.8M

Previous: -$6.08M-93.9%
Operating Income

-$14M

Previous: -$8.33M-68.0%
Gross Profit

$25.2M

Previous: $24.3M+3.9%
Cash & Equivalents

$40.4M

Previous: $24.4M+65.1%
Total Assets

$309M

Previous: $305M+1.1%

Revenue & EPS history

Rxsight · Revenue · Quarterly

$33.6M

Q2 2025-3.6%vs Q2 2024
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Rxsight · $33.6M total across 3 segments · Q2 2025

  • LAL
    $27M
  • LDD (incl. training)
    $5.13M
  • Service, warranty & accessories
    $1.5M

Forward guidance

Management expects to return to revenue growth in absolute dollars through expansion of the sales organization and increased LAL utilization.

Tailwinds

  • Realigned commercial structure to drive existing customer LAL growth
  • Strong cash position of $227.5 million supports operations

Headwinds

  • Slower LDD adoption due to reduced LAL growth over prior nine months
  • Broader economic uncertainty impacting new customer acquisitions

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports

Historical avg

-1.1%

Avg return

Earnings day

-2.6%

Avg return

5 days after

+2.8%

Avg return

30 days after

45%

9 / 20 earnings

Positive

+15.1%

Q3 2022

Best reaction

-16.1%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026-6.6%-21.6%-31.1%
Q4 2025-10.1%-13.5%-28.9%
Q3 2025+8.7%+16.3%+46.7%
Q1 2025-11.2%-11.4%+0.9%
Q4 2024-0.8%-7.8%-9.1%
Q3 2024-12.3%-16.9%-21.2%
Q2 2024+14.6%+21.5%+29.0%
Q1 2024+0.8%-3.8%-5.0%
Q4 2023-5.8%-3.2%-10.9%
Q3 2023+1.8%+9.5%+40.8%
Q2 2023-1.5%-6.3%-1.8%
Q1 2023+9.0%+18.3%+34.0%
Q4 2022+9.7%+4.5%+17.9%
Q3 2022+15.1%+14.6%+18.1%
Q2 2022-2.9%-8.3%-13.3%
Q1 2022-4.3%-3.0%+34.9%
Q4 2021+1.4%-3.2%+1.8%
Q3 2021+3.7%-0.8%-4.0%
Q2 2021-16.1%-18.4%-21.1%
Q4 2020-16.1%-18.4%-21.1%
Q1 2021
Q3 2020
Q2 2020
Q1 2020

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