Sight Sciences, Inc. (SGHT) Balance Sheet
SGHT balance sheet, 2025
December 31, 2025 · U.S. dollars$115.3M assets = $51.4M liabilities + $63.9M equity
Both columns are drawn to the same scale: what SGHT owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SGHT financial health
Descriptive bands, not a rating. Fiscal 2025.
SGHT balance sheet trends, 2018–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $8.1M2018 | $115.3M2025 | +46.2%/yr | |
| Total liabilities | $37.1M2018 | $51.4M2025 | +4.8%/yr | |
| Shareholders’ equity | −$29.0M2018 | $63.9M2025 | — | |
| Cash & short-term investments | $4.2M2018 | $92.0M2025 | +55.2%/yr | |
| Total debt | $34.2M2018 | $40.8M2025 | +2.6%/yr | |
| Net cash (debt) | −$29.9M2018 | $51.2M2025 | +$81.1M | |
| Working capital | $4.3M2018 | $101.7M2025 | +$97.4M | |
| Book value per share | −$0.902018 | $1.232025 | — | |
| Debt / equity | 0.142021 | 0.642025 | +0.49 | |
| Shares outstanding | 32.2M2018 | 52.1M2025 | +7.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SGHT assets
SGHT liabilities and equity
SGHT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SGHT balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & short-term investments | $92.0M | $120.4M | $138.1M | $185.0M | $260.7M | $61.5M | $21.2M | $4.2M |
| Cash & equivalents | $92.0M | $120.4M | $138.1M | $185.0M | $260.7M | $61.5M | $21.2M | $4.2M |
| Receivables | $9.7M | $10.8M | $14.3M | $15.1M | $8.7M | $5.4M | $4.1M | $1.8M |
| Inventory | $7.8M | $6.3M | $7.8M | $6.1M | $3.5M | $2.6M | $2.2M | $486,000 |
| Other current assets | $3.3M | $2.3M | $2.6M | $3.4M | $4.2M | $1.2M | $426,000 | $621,000 |
| Total current assets | $112.7M | $139.8M | $162.9M | $209.7M | $277.0M | $70.6M | $28.0M | $7.2M |
| Property, plant & equipment (net) | $2.0M | $2.5M | $3.1M | $3.2M | $2.9M | $1.8M | $2.6M | $868,000 |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $518,000 | $550,000 | $682,000 | $211,000 | $202,000 | $386,000 | $168,000 | $62,000 |
| Total assets | $115.3M | $142.8M | $166.7M | $213.1M | $280.2M | $72.8M | $30.7M | $8.1M |
| Liabilities | ||||||||
| Accounts payable | $1.3M | $1.7M | $1.7M | $2.7M | $3.4M | $2.2M | $2.3M | $1.9M |
| Short-term debt | $475,000 | $533,000 | $2.8M | $1.0M | $510,000 | $395,000 | $557,000 | — |
| Total current liabilities | $11.0M | $15.5M | $12.3M | $17.8M | $13.5M | $9.3M | $7.3M | $2.9M |
| Long-term debt | $40.3M | $39.4M | $31.7M | $33.3M | $32.7M | $32.0M | $12.9M | $0 |
| Lease obligations | $475,000 | $1.0M | $1.5M | $1.7M | $1.6M | $529,000 | $1.1M | $0 |
| Other long-term liabilities | $31,000 | $492,000 | $2.5M | $1.9M | $1.9M | $120.4M | $65.2M | $34.2M |
| Total liabilities | $51.4M | $55.3M | $46.4M | $53.0M | $48.1M | $161.7M | $85.4M | $37.1M |
| Shareholders' equity | ||||||||
| Common stock & paid-in capital | $54,000 | $51,000 | $49,000 | $48,000 | $48,000 | $9,000 | $9,000 | $9,000 |
| Retained earnings (deficit) | −$384.7M | −$346.3M | −$294.8M | −$239.2M | −$153.0M | −$90.0M | −$55.3M | −$29.5M |
| Accumulated other comprehensive income | — | — | — | $0 | −$280.2M | −$119.4M | −$64.5M | −$34.2M |
| Total shareholders' equity | $63.9M | $87.5M | $120.2M | $160.1M | $232.1M | −$88.8M | −$54.7M | −$29.0M |
| Key figures | ||||||||
| Total debt | $40.8M | $40.4M | $35.4M | $35.0M | $33.2M | $32.5M | $13.9M | $34.2M |
| Net cash (debt) | $51.2M | $80.0M | $102.7M | $150.0M | $227.5M | $29.0M | $7.3M | −$29.9M |
| Working capital | $101.7M | $124.3M | $150.6M | $191.9M | $263.5M | $61.3M | $20.7M | $4.3M |
| Tangible book value | $63.9M | $87.5M | $120.2M | $160.1M | $232.1M | −$88.8M | −$54.7M | −$29.0M |
| Book value per share | $1.23 | $1.75 | $2.47 | $3.35 | $4.89 | −$1.90 | −$1.63 | −$0.90 |
| Shares outstanding | 52.1M | 50.1M | 48.6M | 47.8M | 47.5M | 46.8M | 33.6M | 32.2M |
| Current ratio | 10.22 | 9.04 | 13.29 | 11.77 | 20.52 | 7.58 | 3.82 | 2.47 |
| Quick ratio | 9.22 | 8.48 | 12.44 | 11.23 | 19.95 | 7.18 | 3.45 | 2.09 |
| Debt / equity | 0.64 | 0.46 | 0.29 | 0.22 | 0.14 | — | — | — |
| Equity / assets | 55.5% | 61.3% | 72.1% | 75.1% | 82.8% | −122.0% | −177.9% | −357.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $79.8M | $85.0M | $92.0M | $92.4M | $101.5M | $108.8M | $120.4M | $118.6M | $118.2M | $127.3M | $138.1M | $144.5M |
| Cash & equivalents | $79.8M | $85.0M | $92.0M | $92.4M | $101.5M | $108.8M | $120.4M | $118.6M | $118.2M | $127.3M | $138.1M | $144.5M |
| Receivables | $11.4M | $10.6M | $9.7M | $9.7M | $9.6M | $9.4M | $10.8M | $12.9M | $19.9M | $15.6M | $14.3M | $16.9M |
| Inventory | $5.7M | $7.0M | $7.8M | $8.0M | $6.2M | $5.8M | $6.3M | $6.1M | $6.8M | $6.9M | $7.8M | $9.2M |
| Other current assets | $4.6M | $3.9M | $3.3M | $3.5M | $2.1M | $2.9M | $2.3M | $2.9M | $1.5M | $2.3M | $2.6M | $2.9M |
| Total current assets | $101.4M | $106.5M | $112.7M | $113.6M | $119.4M | $126.9M | $139.8M | $140.5M | $146.3M | $152.1M | $162.9M | $173.6M |
| Property, plant & equipment (net) | $2.9M | $2.8M | $2.0M | $2.1M | $2.2M | $2.3M | $2.5M | $2.5M | $2.7M | $2.8M | $3.1M | $2.4M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $580,000 | $370,000 | $518,000 | $548,000 | $386,000 | $472,000 | $550,000 | $580,000 | $640,000 | $624,000 | $682,000 | $655,000 |
| Total assets | $104.9M | $109.7M | $115.3M | $116.3M | $122.0M | $129.7M | $142.8M | $143.6M | $149.7M | $155.6M | $166.7M | $176.6M |
| Liabilities | ||||||||||||
| Accounts payable | $1.9M | $1.5M | $1.3M | $1.7M | $2.1M | $2.8M | $1.7M | $1.3M | $1.9M | $1.7M | $1.7M | $3.5M |
| Short-term debt | $10.5M | $4.2M | $475,000 | $569,000 | $566,000 | $552,000 | $533,000 | $519,000 | $508,000 | $509,000 | $2.8M | $910,000 |
| Deferred revenue | — | — | — | — | — | — | — | — | — | — | — | −$910,000 |
| Total current liabilities | $20.5M | $18.2M | $11.0M | $11.8M | $11.9M | $12.1M | $15.5M | $13.8M | $13.3M | $11.7M | $12.3M | $14.3M |
| Long-term debt | $30.6M | $36.7M | $40.3M | $40.1M | $39.8M | $39.6M | $39.4M | $34.2M | $33.8M | $33.7M | $31.7M | $33.8M |
| Lease obligations | $1.2M | $1.2M | $475,000 | $616,000 | $749,000 | $880,000 | $1.0M | $1.1M | $1.3M | $1.3M | $1.5M | $910,000 |
| Other long-term liabilities | $834,000 | $900,000 | $31,000 | $66,000 | $202,000 | $347,000 | $492,000 | $689,000 | $1.0M | $961,000 | $2.5M | $1.5M |
| Total liabilities | $52.0M | $55.8M | $51.4M | $52.0M | $52.0M | $52.1M | $55.3M | $48.6M | $48.1M | $46.4M | $46.4M | $49.6M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $55,000 | $54,000 | $54,000 | $52,000 | $52,000 | $51,000 | $51,000 | $50,000 | $50,000 | $50,000 | $49,000 | $49,000 |
| Retained earnings (deficit) | −$402.1M | −$397.7M | −$384.7M | −$380.6M | −$372.4M | −$360.5M | −$346.3M | −$334.5M | −$323.4M | −$311.1M | −$294.8M | −$284.1M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | — | — | — | $0 |
| Total shareholders' equity | $52.9M | $53.9M | $63.9M | $64.3M | $70.0M | $77.6M | $87.5M | $95.0M | $101.6M | $109.2M | $120.2M | $127.1M |
| Key figures | ||||||||||||
| Total debt | $42.0M | $41.8M | $40.8M | $40.7M | $40.6M | $40.5M | $40.4M | $35.3M | $35.0M | $35.0M | $35.4M | $34.7M |
| Net cash (debt) | $37.8M | $43.2M | $51.2M | $51.7M | $60.9M | $68.3M | $80.0M | $83.3M | $83.2M | $92.3M | $102.7M | $109.8M |
| Working capital | $80.9M | $88.3M | $101.7M | $101.8M | $107.5M | $114.8M | $124.3M | $126.7M | $133.0M | $140.4M | $150.6M | $159.2M |
| Tangible book value | $52.9M | $53.9M | $63.9M | $64.3M | $70.0M | $77.6M | $87.5M | $95.0M | $101.6M | $109.2M | $120.2M | $127.1M |
| Book value per share | $0.97 | $1.00 | $1.20 | $1.23 | $1.35 | $1.51 | $1.72 | $1.89 | $2.04 | $2.21 | $2.46 | $2.61 |
| Shares outstanding | 54.5M | 53.9M | 53.1M | 52.4M | 51.8M | 51.3M | 50.8M | 50.3M | 49.9M | 49.5M | 48.9M | 48.7M |
| Current ratio | 4.95 | 5.86 | 10.22 | 9.60 | 10.01 | 10.47 | 9.04 | 10.18 | 11.01 | 13.01 | 13.29 | 12.11 |
| Quick ratio | 4.45 | 5.26 | 9.22 | 8.63 | 9.31 | 9.75 | 8.48 | 9.53 | 10.39 | 12.22 | 12.44 | 11.26 |
| Debt / equity | 0.79 | 0.77 | 0.64 | 0.63 | 0.58 | 0.52 | 0.46 | 0.37 | 0.34 | 0.32 | 0.29 | 0.27 |
| Equity / assets | 50.4% | 49.1% | 55.5% | 55.3% | 57.4% | 59.9% | 61.3% | 66.1% | 67.9% | 70.2% | 72.1% | 71.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 4, 2026); data from EODHD.
SGHT financial position
At the end of fiscal 2025 (December 31, 2025), Sight Sciences had total assets of $115.3 million (down 19.3% from a year earlier), total liabilities of $51.4 million and shareholders' equity of $63.9 million. It held $92.0 million in cash and short-term investments against $40.8 million of debt, a net cash position of $51.2 million. Its current ratio was 10.22. In the latest quarter (ended June 30, 2026) total assets were $104.9 million and equity $52.9 million.
Related: SGHT income statement, SGHT cash flow statement, SGHT key metrics. See the SGHT stock overview for the latest quote and news.
SGHT balance sheet FAQ
What are Sight Sciences's total assets?
Sight Sciences reported total assets of $115.3 million at the end of fiscal 2025 (December 31, 2025), compared with $142.8 million a year earlier.
How much debt does Sight Sciences have?
Sight Sciences had $40.8 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.64.
How much cash does Sight Sciences have?
Sight Sciences held $92.0 million in cash and short-term investments at the end of fiscal 2025; with $40.8 million of debt that is net cash of $51.2 million.
What is Sight Sciences's book value?
Sight Sciences's shareholders' equity (book value) was $63.9 million at the end of fiscal 2025, or $1.23 per share.
What is Sight Sciences's current ratio?
Sight Sciences had current assets of $112.7 million and current liabilities of $11.0 million, a current ratio of 10.22 (it can cover its short-term obligations).