RxSight reports preliminary Q4 2025 revenue of approximately $32.6 million and CFO transition announcement. Full results to follow in February.
Quiver AI Summary
RxSight, Inc., an ophthalmic medical device company, has announced its preliminary unaudited financial and operational results for the fourth quarter and full-year 2025, projecting fourth quarter revenue of approximately $32.6 million, bolstered by increased sales of Light Adjustable Lenses and Light Delivery Devices. Full-year revenue is expected to reach around $134.5 million, exceeding previous guidance, and reflecting a strong growth in procedure volume. The company also welcomed Mark Wilterding as the new Chief Financial Officer, effective January 11, 2026. Wilterding brings over 25 years of financial leadership experience, including previous roles at Edwards Lifesciences and Medtronic. The press release indicated that the company is set for long-term growth and innovation in the adjustable intraocular lens market, with audited financial results scheduled for release in February 2026.
Potential Positives
- Preliminary unaudited fourth quarter revenue is expected to be approximately $32.6 million, representing a 10% increase in procedure volume compared to the previous quarter.
- Full-year 2025 revenue is estimated at $134.5 million, exceeding previous guidance of $125 to $130 million, indicating strong financial performance.
- The company installed over 1,100 Light Delivery Devices (LDDs), achieving approximately 10% share of the premium intraocular lens (IOL) market, demonstrating growth in market presence.
- Appointment of Mark Wilterding as Chief Financial Officer is anticipated to bring valuable experience and leadership, positioning the company for future growth and operational excellence.
Potential Negatives
- Preliminary financial results could indicate uncertainty in financial performance, as they are subject to audit and could differ from final numbers.
- The mention of 'headwinds in 2025' suggests that the company may have faced challenges that could affect long-term growth prospects.
- Change in the Chief Financial Officer may raise concerns about leadership stability and continuity during a critical period of financial and operational adjustment.
FAQ
What is RxSight, Inc. known for?
RxSight, Inc. is known for its innovative adjustable intraocular lens technology designed to enhance vision quality after cataract surgery.
What were RxSight's preliminary 2025 revenue results?
RxSight's preliminary unaudited revenue for 2025 is expected to be approximately $134.5 million, exceeding previous guidance.
Who is the new Chief Financial Officer of RxSight?
Mark Wilterding was appointed as the Chief Financial Officer of RxSight, effective January 11, 2026.
How many Light Adjustable Lenses were sold in Q4 2025?
In Q4 2025, RxSight sold approximately 28,611 Light Adjustable Lenses, reflecting a 10% increase in procedure volume.
When will audited financial results for 2025 be announced?
Audited financial results for 2025 will be announced in February 2026 along with the fourth quarter earnings release.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$RXST Revenue
$RXST had revenues of $30.3M in Q3 2025. This is a decrease of -14.09% from the same period in the prior year.
You can track RXST financials on Quiver Quantitative's RXST stock page.
$RXST Hedge Fund Activity
We have seen 92 institutional investors add shares of $RXST stock to their portfolio, and 97 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- RA CAPITAL MANAGEMENT, L.P. removed 3,702,967 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $33,289,673
- MILLENNIUM MANAGEMENT LLC added 1,241,885 shares (+130.6%) to their portfolio in Q3 2025, for an estimated $11,164,546
- DEERFIELD MANAGEMENT COMPANY, L.P. removed 888,950 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $7,991,660
- CREDIT AGRICOLE S A removed 786,063 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $7,066,706
- WELLINGTON MANAGEMENT GROUP LLP removed 727,952 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $6,544,288
- BANK OF AMERICA CORP /DE/ added 579,653 shares (+406.0%) to their portfolio in Q3 2025, for an estimated $5,211,080
- TWO SIGMA ADVISERS, LP added 548,800 shares (+302.5%) to their portfolio in Q3 2025, for an estimated $4,933,712
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$RXST Analyst Ratings
Wall Street analysts have issued reports on $RXST in the last several months. We have seen 1 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- JP Morgan issued a "Underweight" rating on 11/06/2025
- Needham issued a "Buy" rating on 11/06/2025
To track analyst ratings and price targets for $RXST, check out Quiver Quantitative's $RXST forecast page.
$RXST Price Targets
Multiple analysts have issued price targets for $RXST recently. We have seen 6 analysts offer price targets for $RXST in the last 6 months, with a median target of $9.5.
Here are some recent targets:
- Patrick Wood from Morgan Stanley set a target price of $10.0 on 12/02/2025
- David Saxon from Needham set a target price of $12.0 on 11/06/2025
- Robbie Marcus from JP Morgan set a target price of $9.0 on 11/06/2025
- Larry Biegelsen from Wells Fargo set a target price of $10.0 on 11/06/2025
- Tom Stephan from Stifel set a target price of $8.0 on 08/08/2025
- Danielle Antalffy from UBS set a target price of $8.0 on 08/08/2025
Full Release
ALISO VIEJO, Calif., Jan. 11, 2026 (GLOBE NEWSWIRE) -- (Nasdaq: RXST) -- RxSight, Inc., an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following cataract surgery, today announced certain preliminary unaudited financial and operational results for the fourth quarter and full-year 2025. In addition, the company provided an update on the previously announced Chief Financial Officer transition.
Preliminary Unaudited Fourth Quarter and Full-year 2025 Results
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Preliminary unaudited fourth quarter 2025 revenue is expected to be approximately $32.6 million, driven by:
- The sale of 28,611 Light Adjustable Lenses (LAL™/LAL+®); representing a 10% increase in procedure volume compared to the third quarter of 2025; and
- The sale of 25 Light Delivery Devices (LDD™s), expanding the installed base to 1,134 LDDs as of December 31, 2025.
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Preliminary unaudited 2025 fiscal year revenue is expected to be approximately $134.5 million, versus November guidance of $125 to $130 million, reflecting:
- The sale of 109,615 LALs, representing a 12% increase in procedure volume compared to 2024; and
- The sale of 163 LDDs.
- Preliminary unaudited cash, cash equivalents and short-term investments as of December 31, 2025, are expected to be $228.1 million.
- Audited full-year 2025 financial results and full-year 2026 guidance will be announced in conjunction with the company's fourth quarter earnings release in February.
“Procedure trends during the quarter reflected a continued, measured pace of stabilization and recovery, and we remain encouraged by strong engagement across the field as our unified commercial team deepens customer relationships,” said Ron Kurtz, Chief Executive Officer and President of RxSight. “Despite headwinds in 2025, our team made meaningful progress, enabling us to treat more patients than ever before. With more than 1,100 LDDs installed, approximately 10% share of the premium IOL market, and adoption by over 25% of U.S. cataract surgeons, we exited the year in a strengthened position for sustained, long-term growth.”
New Chief Financial Officer
The company is also pleased to announce that Mark Wilterding has been appointed Chief Financial Officer, effective January 11, 2026. Mark will report to Ron Kurtz and will be responsible for overseeing the company's finance organization.
“We are excited to welcome Mark as RxSight's new Chief Financial Officer”, said Ron Kurtz. “Mark has a proven track record of building strong teams, partnering with key Medtech stakeholders, and driving operational excellence. His leadership and expertise will be particularly valuable as we continue to position RxSight for the future.”
Mr. Wilterding has more than 25 years of financial leadership experience, most recently serving as the Senior Vice President of Global Finance for Edwards Lifesciences, where he joined in 2019. In this role, he oversaw investor relations, financial planning and analysis, treasury, financial operations and strategy, and regional finance teams. Prior to joining Edwards Lifesciences, Mr. Wilterding worked for Medtronic and spent the first 15 years of his career at Citi and Credit Suisse. He received a B.A. in economics from St. Olaf College and an M.B.A. from the Kellogg School of Management at Northwestern University.
“I am thrilled to be joining RxSight, a company offering the only adjustable IOL technology, which is redefining the premium category”, said Mark Wilterding. “RxSight products deliver meaningful value to patients and surgeons, and I am looking forward to supporting their continued advancement as we aim to drive long-term, sustainable growth and shareholder value.”
As previously communicated, Shelley Thunen will support the company in a consulting capacity.
The company’s fourth quarter and full-year 2025 financial and operational results are preliminary and are subject to the completion of the company’s 2025 audit. Audited full-year 2025 and unaudited fourth quarter 2025 financial results are expected to be announced in February 2026.
About RxSight, Inc .
RxSight, Inc. is an ophthalmic medical device company dedicated to providing high-quality customized vision to patients following cataract surgery. The RxSight® Light Adjustable Lens system, comprised of the RxSight Light Adjustable Lens® (LAL®/LAL+®, collectively the “LAL”), RxSight Light Delivery Device (LDD™) and accessories, is the first and only commercially available intraocular lens (IOL) technology that can be adjusted after surgery, enabling doctors to customize and deliver high-quality vision to patients after cataract surgery. Additional information about RxSight can be found at www.rxsight.com.
Forward-Looking Statements
This press release contains forward-looking statements, including: statements concerning: the company’s preliminary unaudited fourth quarter and fiscal 2025 financial and operational results and the anticipated timing of announcing audited full-year 2025 and unaudited fourth quarter 2025 financial results; procedure trends, including the pace of stabilization and recovery in the company’s business; engagement across the field and the ability of the company’s unified commercial team to deepen customer relationships; the growing recognition of the value delivered by the company’s adjustable intraocular lens technology to patients and doctors; expectations regarding continued adoption of the RxSight system, including utilization across the company’s installed base of more than 1,100 Light Delivery Devices, adoption by a meaningful portion of U.S. cataract surgeons, and penetration within the premium IOL market; the company’s ability to treat more patients over time; the company’s plans to continue innovating its adjustable IOL technology and products; the belief that adjustable IOL technology is redefining the premium category and can support sustained, long-term growth; and the potential of the company’s technology, products, and leadership team to drive long-term, sustainable growth and shareholder value. Such statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed, implied or inferred by these forward-looking statements, including those risks described in the company’s prior press releases and the company’s filings with the Securities and Exchange Commission (SEC), including in Part II, Item 1A (Risk Factors) of the company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed with the SEC on November 5, 2025, and any subsequent filings with the SEC. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “could,” “would,” “expects,” “plans,” “intends,” “anticipates,” “believes,” “estimates,” “predicts,” “projects,” “potential,” or “continue” or the negative of such terms and other same terminology. These statements are only predictions based on our current expectations and projections about future events. You should not place undue reliance on these statements. Actual events or results may differ materially. In evaluating these statements, you should specifically consider various factors. These and other factors may cause our actual results to differ materially from any forward-looking statement. We undertake no obligation to update any of the forward-looking statements after the date of this press release to conform those statements to reflect the occurrence of unanticipated events, except as required by applicable law.
Preliminary Estimates
The foregoing financial and operational results are preliminary estimates. We are in the process of finalizing our financial statements for the year ended December 31, 2025, and our actual results remain subject to completion of those financial statements and their audit by our independent registered public accounting firm. These preliminary estimates are based on information available to management as of the date of this press release and certain related assumptions, which could prove incorrect. Our actual, reported results of operations could differ based on completion of our year end closing procedures, final adjustments and developments that may arise prior to completion of our annual financial statements, and adjustments arising from the audit by our independent registered public accounting firm. You should carefully review our audited, consolidated financial statements for the year ended December 31, 2025 when they become available.
Company contact:
Mark Wilterding
Chief Financial Officer
[email protected]
Investor Relations Contact:
Oliver Moravcevic
VP, Investor Relations
[email protected]