← BackSTAAR SURGICAL CO · Ophthalmic GoodsSTAA
High riskNext report: Due any day
The short versionA company still losing money with growing sales. Institutions are adding.
Going well
- Sales up 111% in the latest quarter vs a year ago
- No debt reported
Watch out for
- Losing money, losses are large next to sales
- Revenue down 23.7% from the year before
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 2.6% to their holdings in the quarter ending June 2026 (106 bought, 87 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$23.20+2.6% that day
- Company value
- $1.2B
- Share price times all shares
- Price vs profit (P/E)
- 290.0x
- You pay about $290 for each $1 of yearly profit
- Price vs sales
- 3.4x
- Company value is 3.4 times a year of sales
- Cash vs value
- 13%
- Cash as a share of company value
From STAA's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jul '26$93.5M+111% vs a year earlier
Sep '23Tap a barJul '26
Last 12 months: $339.6M, up 51% from the 12 months before. Over 5 years, sales grew about 7.9% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.-21.7%
- PassDebt under half of equityNot relying on borrowed money.No debt reported
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-33.6%
- MissProfitable every yearSteady profits, not one good year.6 of 10 years
- MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$40.0M
- PassShare count not growingNot diluting owners. Falling means buybacks.+0.4% in 3 years
- PassGross margin 40%+Pricing power: sells for well above what it costs to make.76.2%
- Revenue
- $239.4M
- -23.7% vs prior year
- 5-year growth
- +7.9%/yr
- revenue, per year
- Total debt
- None
- 0.00x equity
- Current ratio
- 4.55x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jul 3, 2026- Revenue
- $93.5M
- +111.0% YoY
- EPS
- $0.16
- vs -$0.34
- Op. margin
- 10.8%
- +78.4 pts
- Gross margin
- 74.5%
- +0.5 pts
- Free cash flow
- $19.2M
- Share count
- +4.0%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 1
- Normal week
- 0.9
- vs normal
- 1.2x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+2.6%Institutions added 2.6% to their holdings. 106 bought, 87 sold. 3 quarters of net buying in a row.
Shares held by institutions55.2M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
+1.1%Cash runwayAt last year's cash burn
52 monthsDebt to equityLatest balance sheet: debt compared with what owners have
No debt reportedShares outstandingLatest reported
50MWhy high risk- Losing money, losses are large next to sales
- Revenue down 23.7% from the year before
- Exchange listing notice (a delisting warning or a move to another exchange)
Next reportDue any dayEstimated from the same quarter last year
- Results filedAug 12
- Results filedMay 13
- Results filedMar 3
- Results filedNov 5, 2025
- Results filedOct 20, 2025
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
5%+ holder update (passive)Oct 27 · Form SCHEDULE 13G/A ↗Leadership changeOct 5 · Form 8-K/A ↗Leadership changeSep 10 · Form 8-K ↗Option exerciseMagda MichnaChief Development Officer
6,599 shares at $4.36 · $29K
- +19% of holdings
- Now owns 41,343 shares
- 2 transactions
- Filed 4 days after trade
- Also: Shares withheld for taxes
Option exerciseDeborah J AndrewsChief Financial Officer & EVP
5,233 shares
- +14% of holdings
- Now owns 41,452 shares
- Filed 4 days after trade
- Also: Stock award, Shares withheld for taxes
Option exerciseWarren FoustPresident and CEO
10,997 shares
- +13% of holdings
- Now owns 93,951 shares
- 2 transactions
- Filed 4 days after trade
- Also: Stock award, Shares withheld for taxes
5%+ holder update (passive)Aug 14 · Form SCHEDULE 13G/A ↗Earnings resultsAug 12 · Form 8-K ↗Quarterly reportAug 12 · Form 10-Q ↗Leadership changeAug 6 · Form 8-K ↗Option exerciseDeborah J AndrewsChief Financial Officer & EVP
34,742 shares
- +285% of holdings
- Now owns 46,915 shares
- 2 transactions
- Filed 4 days after trade
- Also: Shares withheld for taxes
Option exerciseWarren FoustPresident and CEO
20,787 shares
- +27% of holdings
- Now owns 97,132 shares
- Filed 4 days after trade
- Also: Shares withheld for taxes
Employee stock plan registrationJun 24 · Form S-8 ↗Stock awardChristopher Min Fang WangDirector
11,145 shares
- Now owns 11,145 shares
- Exercise price $29.12
- Common Stock Option
- Filed 5 days after trade
Insider tradeJun 22 · Form 4 ↗