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Sight Sciences, Inc.

SGHT

Sight Sciences is a medical device company focused on developing and commercializing interventional technologies for the treatment of prevalent eye diseases, specifically glaucoma and dry eye disease.

Market cap
$278.58M+56.2%
Revenue$79.6M+1.8%
Net income-$37.3M+24.6%
Free cash flow-$25.4M-2.6%
EPS (diluted)-$0.71+28.3%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$21.7M
EPS estimate-$0.15

Financials

Q1 2026

Income statement

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Revenue$19.7M+12.5%
Gross profit$17.0M+12.5%
Operating income-$12.4M+10.4%
Net income-$13.0M+8.3%
EPS (diluted)-$0.24+14.3%

Balance sheet

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Cash & equivalents$85.0M-21.9%
Total debt$40.9M+1.1%
Total equity$53.9M-30.6%
Total assets$109.7M-15.4%

Cash flow

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Operating cash flow-$7.0M+39.4%
CapEx$60.0K
Free cash flow-$7.1M+38.9%

Valuation & ratios

Valuation

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Market cap$278.58M+56.2%
Enterprise value$234.51M+92.1%
P/S3.5×+1.1×

Profitability

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Gross margin86.2%+0.5pp
Operating margin-44.8%-10.2pp
Net margin-46.8%-9.6pp
FCF margin-31.9%+0.2pp

Returns & leverage

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Return on equity-56.6%+4.3pp
Debt / equity0.8×+0.2×
Current ratio5.9×-4.6×

Segments

By segment

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Surgical Glaucoma$18.3M+7.2%
Dry Eye$1.4M+244%

Competitors

Profile

Sight Sciences is a medical device company focused on developing and commercializing interventional technologies for the treatment of prevalent eye diseases, specifically glaucoma and dry eye disease. The company's core value proposition centers on restoring natural physiological functionality to the eye through minimally invasive procedures that address the underlying causes of disease. By providing intuitive tools for eye care professionals, the company aims to supplant conventional, less effective treatment paradigms with proactive interventional solutions.

Competitive position

A leading innovator in the MIGS and interventional dry eye markets, positioned as a comprehensive, implant-free alternative to traditional stents and pharmaceutical drops.

GeographiesUnited States, United Kingdom, Germany, European Union
Customer segmentsSpecialized medical practitioners, Surgical facilities
Business modelMedical device manufacturing, Consumable-driven razor-and-blade model
SuppliersContract manufacturers (specifically in China and Taiwan), Specialized laser micro-engineering services, Gamma sterilization providers, Third-party logistics providers
CustomersAmbulatory surgery centers, Hospital outpatient departments, Ophthalmology and optometry clinics, International medical device distributors
Listed2021
Employees214.0
CEOPaul Badawi
FilingsSEC EDGAR

Questions, answered.

What is Sight Sciences, Inc.'s market cap?
Sight Sciences, Inc. (SGHT) has a market capitalization of $278.6M and trades on NASDAQ.
What is Sight Sciences, Inc.'s revenue and profitability?
Sight Sciences, Inc. generated $79.6M in trailing twelve-month revenue with a net loss of $37.3M, representing a net margin of -46.8%. Gross margin stands at 86.2%, with free cash flow of -$25.4M. These figures are based on the Q1 2026 filing.
Who are Sight Sciences, Inc.'s competitors?
Sight Sciences, Inc.'s key competitors include Glaukos, Johnson & Johnson, Alcon, and others. These companies compete in similar markets and product categories.
Who does Sight Sciences, Inc. partner with?
Sight Sciences, Inc.'s notable partners include Peter’s Technology (Suzhou) CO LTD, Novitas Solutions, Inc., First Coast Service Options, Inc..
Where is Sight Sciences, Inc. headquartered?
Sight Sciences, Inc. is headquartered in United States of America and employs approximately 214 people. It has been publicly traded since 2021.