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Side-by-side financial comparison of AETHLON MEDICAL INC (AEMD) and GLAUKOS Corp (GKOS). Click either name above to swap in a different company.

GLAUKOS Corp is the larger business by last-quarter revenue ($143.1M vs $60.0K, roughly 2386.8× AETHLON MEDICAL INC). GLAUKOS Corp runs the higher net margin — -93.4% vs -2926.4%, a 2833.0% gap on every dollar of revenue. GLAUKOS Corp produced more free cash flow last quarter ($3.9M vs $-2.0M).

Aethlon Medical Inc. is a clinical-stage medical technology firm that develops targeted therapeutic devices to address life-threatening health conditions. Its lead product, the Hemopurifier, is designed to remove harmful viruses, cancer-derived exosomes, and other pathogens from the bloodstream. The company primarily operates in the infectious disease and oncology healthcare segments, with main market presence in North America.

Glaukos Corp is a medical technology company focused on ophthalmology, developing and commercializing minimally invasive surgical devices, prescription pharmaceuticals and consumer products for glaucoma, corneal diseases and other eye disorders. It operates primarily across North America, Europe and Asia Pacific, serving hospitals, ophthalmology clinics and patients worldwide.

AEMD vs GKOS — Head-to-Head

Bigger by revenue
GKOS
GKOS
2386.8× larger
GKOS
$143.1M
$60.0K
AEMD
Higher net margin
GKOS
GKOS
2833.0% more per $
GKOS
-93.4%
-2926.4%
AEMD
More free cash flow
GKOS
GKOS
$5.9M more FCF
GKOS
$3.9M
$-2.0M
AEMD

Income Statement — Q3 2025 vs Q4 2025

Metric
AEMD
AEMD
GKOS
GKOS
Revenue
$60.0K
$143.1M
Net Profit
$-1.8M
$-133.7M
Gross Margin
-1.1%
Operating Margin
-3026.4%
-97.7%
Net Margin
-2926.4%
-93.4%
Revenue YoY
35.7%
Net Profit YoY
49.4%
-298.0%
EPS (diluted)
$-10.05
$-2.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AEMD
AEMD
GKOS
GKOS
Q4 25
$143.1M
Q3 25
$133.5M
Q2 25
$124.1M
Q1 25
$106.7M
Q4 24
$60.0K
$105.5M
Q3 24
$95.1K
$96.7M
Q2 24
$95.7M
Q1 24
$85.6M
Net Profit
AEMD
AEMD
GKOS
GKOS
Q4 25
$-133.7M
Q3 25
$-16.2M
Q2 25
$-19.7M
Q1 25
$-18.1M
Q4 24
$-1.8M
$-33.6M
Q3 24
$-2.8M
$-21.4M
Q2 24
$-50.5M
Q1 24
$-40.8M
Gross Margin
AEMD
AEMD
GKOS
GKOS
Q4 25
-1.1%
Q3 25
78.4%
Q2 25
78.3%
Q1 25
77.2%
Q4 24
72.9%
Q3 24
76.6%
Q2 24
76.4%
Q1 24
76.3%
Operating Margin
AEMD
AEMD
GKOS
GKOS
Q4 25
-97.7%
Q3 25
-12.3%
Q2 25
-18.3%
Q1 25
-19.4%
Q4 24
-3026.4%
-27.2%
Q3 24
-3050.2%
-25.5%
Q2 24
-31.3%
Q1 24
-45.6%
Net Margin
AEMD
AEMD
GKOS
GKOS
Q4 25
-93.4%
Q3 25
-12.2%
Q2 25
-15.8%
Q1 25
-17.0%
Q4 24
-2926.4%
-31.8%
Q3 24
-2950.2%
-22.1%
Q2 24
-52.8%
Q1 24
-47.7%
EPS (diluted)
AEMD
AEMD
GKOS
GKOS
Q4 25
$-2.34
Q3 25
$-0.28
Q2 25
$-0.34
Q1 25
$-0.32
Q4 24
$-10.05
$-0.56
Q3 24
$-16.11
$-0.39
Q2 24
$-1.00
Q1 24
$-0.82

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AEMD
AEMD
GKOS
GKOS
Cash + ST InvestmentsLiquidity on hand
$4.8M
$90.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.3M
$656.2M
Total Assets
$6.5M
$893.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AEMD
AEMD
GKOS
GKOS
Q4 25
$90.8M
Q3 25
$98.2M
Q2 25
$100.8M
Q1 25
$114.3M
Q4 24
$4.8M
$169.6M
Q3 24
$6.9M
$100.1M
Q2 24
$68.1M
Q1 24
$42.5M
Stockholders' Equity
AEMD
AEMD
GKOS
GKOS
Q4 25
$656.2M
Q3 25
$769.5M
Q2 25
$765.1M
Q1 25
$764.0M
Q4 24
$4.3M
$766.9M
Q3 24
$6.0M
$668.5M
Q2 24
$665.2M
Q1 24
$450.7M
Total Assets
AEMD
AEMD
GKOS
GKOS
Q4 25
$893.5M
Q3 25
$999.4M
Q2 25
$987.0M
Q1 25
$966.2M
Q4 24
$6.5M
$974.8M
Q3 24
$8.8M
$926.5M
Q2 24
$919.7M
Q1 24
$933.3M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AEMD
AEMD
GKOS
GKOS
Operating Cash FlowLast quarter
$-2.0M
$6.8M
Free Cash FlowOCF − Capex
$-2.0M
$3.9M
FCF MarginFCF / Revenue
-3357.0%
2.7%
Capex IntensityCapex / Revenue
3.7%
2.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-22.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AEMD
AEMD
GKOS
GKOS
Q4 25
$6.8M
Q3 25
$-10.1M
Q2 25
$7.0M
Q1 25
$-18.5M
Q4 24
$-2.0M
$507.0K
Q3 24
$-2.2M
$-9.6M
Q2 24
$-18.4M
Q1 24
$-33.9M
Free Cash Flow
AEMD
AEMD
GKOS
GKOS
Q4 25
$3.9M
Q3 25
$-11.7M
Q2 25
$5.8M
Q1 25
$-20.5M
Q4 24
$-2.0M
$-1.2M
Q3 24
$-11.0M
Q2 24
$-20.5M
Q1 24
$-34.8M
FCF Margin
AEMD
AEMD
GKOS
GKOS
Q4 25
2.7%
Q3 25
-8.8%
Q2 25
4.7%
Q1 25
-19.2%
Q4 24
-3357.0%
-1.2%
Q3 24
-11.4%
Q2 24
-21.4%
Q1 24
-40.7%
Capex Intensity
AEMD
AEMD
GKOS
GKOS
Q4 25
2.0%
Q3 25
1.2%
Q2 25
0.9%
Q1 25
1.8%
Q4 24
3.7%
1.6%
Q3 24
0.0%
1.5%
Q2 24
2.2%
Q1 24
1.1%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AEMD
AEMD

Segment breakdown not available.

GKOS
GKOS

Glaucoma$86.4M60%
Other$35.1M25%
Corneal Health$21.6M15%

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