PURPOSE: To compare the influence of femtosecond lenticule extraction (FLEx) and small incision lenticule extraction (SMILE) on corneal nerve density and the ocular surface for equivalent degrees of correction of myopia. METHODS: Sixty eyes of 30 patients (8 males and 22 females, mean age: 31.0 +/- 6.0 years) were included in the study. The patients underwent FLEx in 1 eye and SMILE in the other eye by random assignment. Subbasal nerve density was measured using confocal microscopy preoperatively and at 1 week, 1 and 3 months, and 1 year postoperatively. Ocular surface parameters such as Schirmer's test results, tear film break-up time, and corneal sensation were performed preoperatively and at 1 and 3 months postoperatively. RESULTS: In the FLEx group, subbasal nerve density was 18,390 +/- 6,090 mu m/mm(2) preoperatively and 5,770 +/- 3,490 mu m/mm(2) at 1 year postoperatively (P < .001, Dunnett's test). In the SMILE group, subbasal nerve density was 16,810 +/- 6,220 mu m/mm(2) preoperatively and 11,870 +/- 8,200 mu m/mm(2) at 1 year postoperatively (P = .21). The decrease in corneal nerve density was significantly less after SMILE than after FLEx at all postoperative visits (Mann-Whitney U test, P < .05). FLEx resulted in a significant decrease in Schirmer's test results, tear film break-up time, and corneal sensation at all postoperative visits, whereas SMILE induced no significant changes in these parameters (P > .05). CONCLUSIONS: There was less damage to the subbasal nerve plexus of the cornea and less effect on the ocular surface parameters after SMILE than after FLEx.