STAAR SURGICAL CO
For the period ended Dec 27, 2024. Filed Feb 21, 2025.
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FY2024 · Filed Feb 21, 2025
STAA$24.55-2.6%Stored close · as of Nov 9, 2026
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Consolidated Statements of Operations
(In thousands, except per share amounts)
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Net sales | $313,901 | $322,415 | $284,391 |
| Cost of sales | 74,319 | 69,764 | 61,008 |
| Gross profit | 239,582 | 252,651 | 223,383 |
| Selling, general and administrative expenses: | |||
| General and administrative | 89,898 | 72,319 | 54,742 |
| Selling and marketing | 108,322 | 107,834 | 88,856 |
| Research and development | 53,973 | 44,401 | 35,983 |
| Total selling, general and administrative expenses | 252,193 | 224,554 | 179,581 |
| Operating income (loss) | (12,611) | 28,097 | 43,802 |
| Other income, net: | |||
| Interest income, net | 5,911 | 6,986 | 2,448 |
| Loss on foreign currency transactions | (3,675) | (1,909) | (1,707) |
| Royalty income | 508 | 74 | 804 |
| Other income, net | 815 | 448 | 205 |
| Total other income, net | 3,559 | 5,599 | 1,750 |
| Income (loss) before income taxes | (9,052) | 33,696 | 45,552 |
| Provision for income taxes | 11,156 | 12,349 | 5,887 |
| Net income (loss) | $(20,208) | $21,347 | $39,665 |
| Net income (loss) per share: | |||
| Basic | $(0.41) | $0.44 | $0.83 |
| Diluted | $(0.41) | $0.43 | $0.80 |
| Weighted average shares outstanding: | |||
| Basic | 49,125 | 48,523 | 47,987 |
| Diluted | 49,125 | 49,427 | 49,380 |
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