STAA (STAA) financial statements
STAA reported revenue of $239M in fiscal 2025, up 12.6% a year over 9 years.
Net income was -$80M and the operating margin -38.3%, against -15.4% in 2016.
Free cash flow was -$40M, and the company returned $6M in net buybacks.
The diluted share count rose 23% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from STAA's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $82M | $91M | $124M | $150M | $163M | $230M | $239M | $322M | $314M | $239M |
| Cost of revenue | $24M | $26M | $32M | $38M | $45M | $52M | $61M | $70M | $74M | $57M |
| Gross profit | $58M | $64M | $92M | $112M | $118M | $179M | $223M | $253M | $240M | $182M |
| Research and development | $21M | $20M | $22M | $25M | $32M | $34M | $36M | $40M | $45M | $40M |
| Selling, general and admin | $71M | $68M | $85M | $100M | $112M | $145M | $180M | $225M | $252M | $274M |
| Operating income | -$13M | -$4M | $7M | $12M | $7M | $33M | $44M | $28M | -$13M | -$92M |
| Interest expense | $112,000 | $112,000 | — | — | — | — | — | — | — | — |
| Pre-tax income | -$12M | -$2M | $7M | $13M | $8M | $31M | $46M | $34M | -$9M | -$82M |
| Income tax | -$315,000 | -$157,000 | $2M | -$1M | $2M | $4M | $6M | $12M | $11M | -$2M |
| Net income | -$12M | -$2M | $5M | $14M | $6M | $28M | $40M | $21M | -$20M | -$80M |
| EPS (diluted) | -$0.30 | -$0.05 | $0.11 | $0.30 | $0.12 | $0.56 | $0.80 | $0.43 | -$0.41 | -$1.62 |
| Diluted shares | 40M | 41M | 45M | 47M | 48M | 49M | 49M | 49M | 49M | 50M |
| Gross margin | 70.8% | 70.9% | 73.8% | 74.5% | 72.4% | 77.5% | 93.3% | 78.4% | 76.3% | 76.2% |
| Operating margin | -15.4% | -4.0% | 5.3% | 7.9% | 4.1% | 14.5% | 18.3% | 8.7% | -4.0% | -38.3% |
| Net margin | -14.7% | -2.4% | 4.0% | 9.4% | 3.6% | 11.9% | 16.6% | 6.6% | -6.4% | -33.6% |
Balance sheet
Fiscal years, from STAA's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $14M | $19M | $104M | $120M | $152M | $200M | $212M | $221M | $230M | $188M |
| Receivables | $16M | $18M | $26M | $31M | $35M | $44M | $62M | $95M | $78M | $50M |
| Total current assets | $50M | $54M | $152M | $175M | $216M | $271M | $312M | $365M | $368M | $312M |
| Property, plant and equipment | $12M | $10M | $11M | $17M | $24M | $36M | $51M | $67M | $85M | $73M |
| Goodwill | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M |
| Total assets | $65M | $68M | $167M | $208M | $257M | $346M | $419M | $489M | $510M | $452M |
| Total current liabilities | $21M | $19M | $28M | $34M | $41M | $49M | $52M | $65M | $70M | $69M |
| Total liabilities | $28M | $25M | $35M | $48M | $60M | $87M | $83M | $103M | $112M | $107M |
| Shareholders' equity | $38M | $43M | $132M | $160M | $197M | $262M | $336M | $386M | $397M | $344M |
| Net debt | -$14M | -$19M | -$104M | -$120M | -$152M | -$200M | -$86M | -$183M | -$144M | -$153M |
Cash flow
Fiscal years, from STAA's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1M | $3M | $13M | $26M | $21M | $44M | $36M | $15M | $16M | -$34M |
| Capital spending | $3M | $1M | $2M | $10M | $8M | $14M | $18M | $18M | $23M | $6M |
| Free cash flow | -$2M | $2M | $11M | $16M | $13M | $30M | $18M | -$4M | -$8M | -$40M |
| Stock-based compensation | $9M | $3M | $7M | $11M | $12M | $15M | $20M | $24M | $27M | $31M |
| Share buybacks (net) | — | — | — | — | — | — | — | — | — | -$6M |
| Free cash flow margin | -2.6% | 2.0% | 8.5% | 10.5% | 7.7% | 13.2% | 7.4% | -1.1% | -2.4% | -16.7% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for STAA.
Open STAA in InvestinglyQuestions
What was STAA's revenue in 2025?
$239M in fiscal 2025, from its 10-K filing.
How much free cash flow does STAA generate?
-$40M in fiscal 2025 (operating cash flow minus capital spending).
From STAA's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.