10-Q quarterly report · filed Nov 5, 2025

RxSight, Inc. (RXST) Q3 2025 10-Q Quarterly Report

Short answer

RxSight, Inc. (RXST) filed its Q3 2025 10-Q quarterly report on Nov 5, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $30M (down 14.1% year over year) with net income of −$10M.

Q3 2025 key financials · XBRL

Revenue
$30M
−14.1% YoY · −9.8% QoQ
Net income
−$10M
−54.9% YoY · +16.7% QoQ
Operating margin
-40.1%
Gross margin
79.9%
EPS (diluted)
−$0.24
−50.0% YoY · +17.2% QoQ

Source: XBRL data from the RxSight, Inc. (RXST) Q3 2025 10-Q on SEC EDGAR. USD.

RxSight, Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Q3 revenue $30.3M, down 14.1% YoY from $35.3M
  • Gross margin 79.9% vs 71.4% YoY; operating loss $12.2M vs $9.2M
  • Best line LAL revenue $25.7M, up from $24.2M; worst LDD revenue $3.2M vs $10.1M
  • Cash, equivalents and short-term investments $227.5M at September 30, 2025
  • Near-term losses and negative operating cash flows expected; liquidity sufficient for at least 12 months

Risk Factors

  • Newly added trade-policy risk: recently announced U.S. tariffs could increase costs for China-sourced materials and pressure gross margins
  • Most materially updated commercial risk: 2025 sales declined after rapid growth, prompting a unified Customer Success Organization
  • Regulatory risk: QSMR replaces QSR in February 2026, requiring compliant manufacturing processes
  • Litigation risk: putative securities class action complaint filed July 2025 in Central District of California remains pending
  • Liquidity concentration: $227.5 million in cash, equivalents, and short-term investments held with one financial institution as of September 30, 2025

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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