STAA · NASDAQ · Medical - Instruments & Supplies

STAAR Surgical

Builds implantable lenses used in refractive surgery for vision correction.

$22.11
After-hours close+0.00 (+0.02%)
At close$22.11(−1.27%)
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Profile

STAAR Surgical CompanySTAAHealth Care

Sells EVO and Visian implantable Collamer lenses for refractive surgery, with revenue now centered on ICL products after cataract lenses were phased out. Commercial performance is international and shaped by China distributor inventory, surgeon training, regulatory approvals, and competition from laser vision-correction procedures.

Designs, manufactures, and sells implantable Collamer lenses and delivery systems for ophthalmic surgery, with current revenue concentrated in EVO and Visian ICL products for refractive correction. Cataract IOLs have been phased out as the product focus narrowed around ICLs.

Sells through an international refractive-surgery model that depends on trained surgeons, patient awareness, distributors in key markets, and regulatory approvals for each ICL variant. China, Japan, South Korea, and the United States are central disclosed markets, with China distributor inventory driving a recent reset and rebound.

Competes mainly against laser refractive procedures rather than close-copy lens products. Governance is also in transition after the failed Alcon merger process and the appointment of interim co-CEOs.

Company facts

CEOWarren Foust and Deborah Andrews
ListedFeb 24, 1992
ExchangeNASDAQ
HeadquartersLake Forest, CA
CountryUnited States
Employees1,211
CIK0000718937
ISINUS8523123052

Key statistics

Market cap$1.10B
EPS (ttm)$0.0800
P/E (ttm)276.38
ROE1.1%
P/B3.04
P/S3.24
Dividend yield
Beta0.38vs XLV −0.07

Year to date −6.3% · Average volume (30d) 1.0M

Analysts

Price target, next 12 months$31.50+42.5%Median of 16 analysts · vs the Aug 28 close
ConsensusHold4 of 16 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Aug 17, 2026UBSTarget$19$28
Aug 13, 2026JefferiesReiterateHold$60$28
Aug 13, 2026William BlairTarget$45.03$33
Aug 13, 2026UBSReiterateSell$19
May 14, 2026Mizuho SecuritiesTarget$27

Earnings

EPS

Estimate$0.20
ReportedDue Nov 4, 2026

Revenue

Estimate$79.1M
ReportedDue Nov 4, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 12, 2026Q2 FY26$0.22$0.16−27.7%$90.6M$93.5M+3.2%−0.31%
May 13, 2026Q1 FY26$0.05$0.38+600.8%$78.7M$93.5M+18.8%+8.88%
Mar 3, 2026Q4 FY25$0.18−$0.20−211.1%$75.0M$57.8M−22.9%+1.59%
Nov 5, 2025Q3 FY25$0.18$0.46+155.6%$75.5M$94.7M+25.4%+5.47%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$42.6M$44.3M$94.7M$57.8M$93.5M$93.5M
Gross profit$28.0M$32.8M$77.9M$43.7M$67.5M$69.7M
Operating income−$57.4M−$30.0M$18.5M−$10.9M$17.4M$10.1M
Net income−$54.2M−$16.8M$8.9M−$18.3M$5.2M$8.1M
Diluted EPS−$1.10−$0.34$0.18−$0.36$0.10$0.16
Gross margin65.8%74.0%82.2%75.7%72.2%74.5%
Operating margin-134.8%-67.6%19.5%-18.9%18.6%10.8%

Fiscal years (4-quarter sums)FY21 $230.5M · FY22 $284.4M · FY23 $322.4M · FY24 $313.9M · FY25 $239.4M

Balance sheet, Jul 3, 2026Cash & short-term investments $181.5M · Total debt $35.9M · Total assets $475.2M · Shareholders' equity $365.4M

Dividends

No dividends on record.

Ownership

Institutions 113.67%Insiders 72.13%

A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.

Shares outstanding 49.79M · Float

Float — provider float is below the insider stake.

The provider's float is smaller than the insider stake it should exclude, so it is not shown.

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Broadwood Partners, L.P. · director, 10 percent owner: 32.25M64.77%Form 4Mar 13, 2026
Neal C. Bradsher16.15M32.60%13DMar 13, 2026
Broadwood Capital Inc16.12M32.38%13FAug 14, 2026
BlackRock, Inc.6.73M13.52%13FAug 7, 2026
Madison Avenue Partners, LP4.18M8.39%13FAug 14, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Mar 11, 2026Broadwood Partners, L.P.director, 10 percent owner: +54,764$17.52
Mar 12, 2026Broadwood Partners, L.P.director, 10 percent owner: +299,432$18.12
Mar 13, 2026Broadwood Partners, L.P.director, 10 percent owner: +316,017$18.62
Jan 9, 2026Broadwood Partners, L.P.10 percent owner+27,485$22.05
Jan 6, 2026Broadwood Partners, L.P.10 percent owner+336,946$21.62
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Peers

  • Alcon

    Broad refractive laser substitute through WaveLight LASIK systems

  • Bausch + Lomb

    TENEO excimer LASIK platform and broad eye-health channel overlap

  • Johnson & Johnson

    LASIK and PRK overlap through iDESIGN and STAR S4 IR systems

CompareAfter-hours close

CompanyPriceChange
STAAR Surgical$22.11+0.02%$1.10B276.436.13.2+111.0%
Alcon$72.15+0.21%$35.12B55.418.63.3+7.5%
Bausch + Lomb$17.150.00%$6.13B17.21.2+9.1%
Johnson & Johnson$268.40+0.13%$645.95B31.122.46.6+6.6%
Median43.218.63.3+7.5%