RXST · RxSight, Inc.
One customer — 10% of receivables (September 30, 2026)
“As of September 30, 2026, the Company had one customer who individually accounted for greater than 10% of trade accounts receivable.”
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RxSight quarterly revenue fell 19.0% to $24.6 million as lower LDD and LAL sales reflected increased competition. Its $50.0 million Alcon upfront payment became nonrefundable on October 28, 2026.
RxSight reported third-quarter 2026 revenue of $24.6 million, down 19% from the prior-year period, and a net loss of $(16.2) million, or $(0.39) per basic and diluted share.
Metrics snapshot
Useful current figures from the complete screener profile.
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q2 FY26 earnings call · Aug 5, 2026TL;DR. RxSight (RXST) reported Q2 2026 total revenue of $33.7 million but product sales fell 19% year-over-year on competitive trialing, and management withdrew its previously issued full-year 2026 financial guidance while it completes a strategic review under new CEO Aziz Mottiwala.
- + Entered Alcon strategic collaboration with up to $200M in upfront and milestone payments and future royalty potential
- + Expects to recognize $30-40M of revenue from the Alcon collaboration over the remainder of 2026
- + Approved plan to double the U.S. sales force over time, funded primarily by reallocating resources
- + Cash position strengthened by ~$209M plus a $60M receivable from Alcon received after quarter end
- + Plans next-generation LAL, LAL+ and LAL Toric lenses to improve workflow and reduce postoperative visits
- − Q2 product sales fell 19% year-over-year due to competitive trialing and broader marketplace headwinds
- − Withdrew previously issued full-year 2026 financial guidance; will resume guidance in early 2027
- − Product gross margin contracted to 71.2% from 74.9% on higher inventory-related costs
- − LAL unit volumes declined 9% year-over-year
- − Only 12 LDD units placed in the quarter against an installed base of 1,166
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Mentioned in fund letters
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Still-open targets the latest release did not restate under the same label.
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Installed Base at End of Period | 1,166 | Q2 2026 filing | — |
| LALs Sold | 24,917 | Q2 2026 filing | — |
| LDDs Sold | 11 | Q2 2026 filing | — |
| Light Adjustable Lens (LAL) units | -24,917 | Q2 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Medical Devices — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
RXST
this stock
RxSight, Inc.
|
$223.06M | -48.9% | -3.9% | — | 8.7% |
|
ABT
Abbott Laboratories
|
$187.95B | -13.4% | +5.7% | 40.5 | 1.1% |
|
MDT
Medtronic plc
|
$131.57B | +7.1% | +8.4% | 25.3 | 1.8% |
|
SYK
Stryker Corp
|
$117.88B | -11.9% | +11.2% | 33.0 | 1.7% |
|
BSX
Boston Scientific Corp
|
$64.27B | -53.5% | +12.5% | 18.8 | 2.4% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every section- Filed
- Nov 3, 2026
- This year
- 23
RxSight quarterly revenue fell 19.0% to $24.6 million as lower LDD and LAL sales reflected increased competition. Its $50.0 million Alcon upfront payment became nonrefundable on October 28, 2026.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| RXST | +17.2% | +18.0% | -11.2% | +9.2% | -48.9% |
| SPY | +2.6% | -1.2% | +0.5% | -0.2% | +10.6% |
| vs SPY | +14.6% | +19.1% | -11.7% | +9.4% | -59.6% |