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RxSight (RXST) Q3 FY2026 earnings: revenue $25 million, down 19.0% on the year

RxSight, Inc. (RXST) reported revenue of $25 million for Q3 FY2026, the quarter ended 30 September 2026, down 19.0% on the same quarter a year earlier. Net income was -$16 million, and diluted earnings per share $-0.39. The figures are the company's own, from the 10-Q it filed with the SEC on 3 November 2026.

Revenue
$25 million
-19.0% on the year · -27.1% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
-75.3%
-40.1% a year earlier
Q4 FY2024Q3 FY2026
Net income
-$16 million
Q4 FY2024Q3 FY2026
Diluted EPS
-$0.39
Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

  • Revenue fell 19% year over year: Total revenue was $24.6 million against $30.3 million a year earlier. Product sales were $24.5 million, and collaboration revenue was $40 thousand.
  • Net loss was $16.2 million: Net loss was $16.2 million, or $0.39 per share, against $9.8 million, or $0.24 per share. Loss from operations was $18.5 million, against $12.2 million a year earlier.
  • Gross margin fell to 73.6%: Gross margin was 73.6% against 79.9% a year earlier. Product gross profit was $18.1 million on product sales of $24.5 million.
Read the earnings call summary

Income statement (profit and loss)

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Revenue24.633.730.3-27.1%-19.0%
Cost of revenue6.57.96.1-17.4%+6.1%
Gross profit18.125.924.2-30.1%-25.3%
Gross margin73.6%76.7%79.9%
Research and development9.29.29.1-0.3%+1.7%
Selling, general and administrative27.430.427.3-9.9%+0.2%
Operating income-18.5-13.8-12.2
Operating margin-75.3%-40.8%-40.1%
Interest expense0.00.00.00.0%-25.0%
Pre-tax income-16.2-12.0-9.8
Income tax0.00.10.0-68.2%+180.0%
Net income-16.2-12.1-9.8
Net margin-66.0%-35.9%-32.4%
Diluted EPS-$0.39-$0.29-$0.24
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Operating cash flow45.2-9.5-1.2
Capital expenditure1.22.00.6-40.0%+102.1%
Free cash flow44.0-11.5-1.8
Free cash flow margin179.1%-34.1%-5.8%
Cash from investing7.94.7-9.0+70.8%
Cash from financing0.20.7-0.5-70.5%
Depreciation and amortisation0.91.00.9-7.0%+8.8%
Share-based compensation7.67.58.1+2.3%-5.8%
Diluted shares, weighted42m41m41m+0.5%+1.8%
Shares outstanding at period end42m42m41m+0.8%+2.1%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ millionQ3 FY2026Q2 FY2026Q3 FY2025On the quarterOn the yearLast 8 quarters
Shareholders' equity255263276-3.2%-7.6%
Debt0.00.00.0
Operating lease liabilities8.48.910.2-4.9%-17.3%
Finance lease liabilities0.00.00.1-16.3%-43.1%
Other liabilities77.080.422.3-4.2%+245.6%
Total liabilities and equity340353309-3.5%+10.3%
Fixed assets14.614.013.1+4.3%+11.9%
Investments188195198-3.8%-5.0%
Cash and equivalents66.713.429.6+399.7%+125.1%
Receivables17.018.524.2-8.2%-29.6%
Inventory39.637.128.9+6.7%+36.8%
Other assets14.574.214.8-80.5%-2.2%
Total assets340353309-3.5%+10.3%

Questions

What was RxSight's revenue in Q3 FY2026?

RxSight (RXST) reported revenue of $25 million for Q3 FY2026, the quarter ended 30 September 2026, down 19.0% on the same quarter a year earlier.

How much did RxSight earn in Q3 FY2026?

Net loss for Q3 FY2026 was $16 million, and the diluted loss per share $0.39.

When did RxSight report Q3 FY2026 results?

RxSight filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 3 November 2026.

Quarterly results, the last 20 quarters

Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue8.48.911.412.616.117.520.822.228.629.534.935.340.237.933.630.332.630.933.724.6
Cost of revenue5.65.26.67.38.77.18.88.510.98.810.610.111.49.68.46.17.37.47.96.5
Gross profit2.93.84.85.47.410.412.013.717.720.724.225.228.828.325.224.225.323.525.918.1
Gross margin34%42%42%42%46%59%58%62%62%70%70%71%72%75%75%80%77%76%77%74%
R&D5.96.76.26.46.77.27.47.17.38.08.38.89.210.410.29.18.99.59.29.2
SG&A11.613.614.414.915.716.318.219.121.223.324.325.628.228.629.027.327.731.930.427.4
Operating income-14.7-16.6-15.8-16.0-15.0-13.1-13.6-12.5-10.9-10.7-8.3-9.2-8.6-10.7-14.0-12.2-11.3-17.8-13.8-18.5
Operating margin-174%-185%-139%-127%-93%-75%-65%-56%-38%-36%-24%-26%-21%-28%-42%-40%-35%-58%-41%-75%
Interest expense1.11.11.11.31.51.51.60.20.00.00.00.00.00.00.00.00.00.00.00.0
Pre-tax income-15.7-17.6-16.7-16.8-15.6-13.2-13.8-12.4-9.2-9.1-6.1-6.3-5.9-8.2-11.8-9.8-9.1-15.9-12.0-16.2
Net income-15.7-17.6-16.7-16.8-15.6-13.2-13.8-12.4-9.2-9.1-6.1-6.3-5.9-8.2-11.8-9.8-9.2-15.9-12.1-16.2
Net margin-187%-197%-147%-133%-97%-76%-66%-56%-32%-31%-17%-18%-15%-22%-35%-32%-28%-51%-36%-66%
Diluted EPSn/a-$0.64-$0.61-$0.61-$0.56-$0.42-$0.40-$0.35-$0.26-$0.25-$0.16-$0.16-$0.15-$0.20-$0.29-$0.24-$0.22-$0.38-$0.29-$0.39
Operating cash flow-8.7-15.0-14.8-15.2-13.9-17.8-7.5-8.0-8.3-9.3-4.00.7-4.3-8.8-4.4-1.2-1.1-10.9-9.545.2
Capital expenditure0.40.41.10.60.40.71.80.71.62.01.51.10.80.61.50.61.10.82.01.2
Free cash flow-9.1-15.4-15.9-15.8-14.2-18.5-9.4-8.6-9.9-11.3-5.5-0.5-5.1-9.4-5.9-1.8-2.3-11.7-11.544.0
Shares outstanding27m27m28m28m28m34m35m36m36m37m40m40m40m41m41m41m41m41m42m42m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A blank figure marked on a quarter is one the filings do not give on their own: the quarters as filed do not add to the year the company filed, or the year and its quarters stand on different share counts. Each quarter's page says which. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 3 November 2026: the filing.