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Side-by-side financial comparison of AGIOS PHARMACEUTICALS, INC. (AGIO) and Recon Technology, Ltd (RCON). Click either name above to swap in a different company.

AGIOS PHARMACEUTICALS, INC. is the larger business by last-quarter revenue ($20.0M vs $12.2M, roughly 1.6× Recon Technology, Ltd). Recon Technology, Ltd runs the higher net margin — -6.8% vs -541.1%, a 534.2% gap on every dollar of revenue. On growth, Recon Technology, Ltd posted the faster year-over-year revenue change (111.0% vs 86.1%).

Agios Pharmaceuticals Inc. is a publicly trading American pharmaceutical company pioneering therapies for genetically defined diseases, with a near-term focus on developing therapies for hemolytic anemias. The company was founded in 2008 by Lewis Cantley, Tak Mak and Craig Thompson. Agios is a Delaware corporation headquartered in Cambridge, Massachusetts. The company tendered an initial public offering in July 2013.

Recon Instruments Inc. was a Canadian technology company that produced smartglasses and wearable displays marketed by the company as "heads-up displays" for sports. Recon's products delivered live activity metrics, GPS maps, and notifications directly to the user's eye. Recon's first heads-up display offering was released commercially in October 2010, roughly a year and a half before Google introduced Google Glass.

AGIO vs RCON — Head-to-Head

Bigger by revenue
AGIO
AGIO
1.6× larger
AGIO
$20.0M
$12.2M
RCON
Growing faster (revenue YoY)
RCON
RCON
+24.9% gap
RCON
111.0%
86.1%
AGIO
Higher net margin
RCON
RCON
534.2% more per $
RCON
-6.8%
-541.1%
AGIO

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
AGIO
AGIO
RCON
RCON
Revenue
$20.0M
$12.2M
Net Profit
$-108.0M
$-832.7K
Gross Margin
90.6%
33.5%
Operating Margin
-608.9%
-14.6%
Net Margin
-541.1%
-6.8%
Revenue YoY
86.1%
111.0%
Net Profit YoY
-11.9%
70.5%
EPS (diluted)
$-1.86
$-0.09

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
AGIO
AGIO
RCON
RCON
Q4 25
$20.0M
$12.2M
Q3 25
$12.9M
Q2 25
$12.5M
Q1 25
$8.7M
Q4 24
$10.7M
$5.8M
Q3 24
$9.0M
Q2 24
$8.6M
Q1 24
$8.2M
Net Profit
AGIO
AGIO
RCON
RCON
Q4 25
$-108.0M
$-832.7K
Q3 25
$-103.4M
Q2 25
$-112.0M
Q1 25
$-89.3M
Q4 24
$-96.5M
$-2.8M
Q3 24
$947.9M
Q2 24
$-96.1M
Q1 24
$-81.5M
Gross Margin
AGIO
AGIO
RCON
RCON
Q4 25
90.6%
33.5%
Q3 25
87.0%
Q2 25
86.3%
Q1 25
87.6%
Q4 24
88.3%
31.7%
Q3 24
91.3%
Q2 24
82.6%
Q1 24
92.3%
Operating Margin
AGIO
AGIO
RCON
RCON
Q4 25
-608.9%
-14.6%
Q3 25
-907.4%
Q2 25
-1020.1%
Q1 25
-1222.0%
Q4 24
-1165.3%
-63.9%
Q3 24
-1146.9%
Q2 24
-1228.3%
Q1 24
-1124.3%
Net Margin
AGIO
AGIO
RCON
RCON
Q4 25
-541.1%
-6.8%
Q3 25
-803.1%
Q2 25
-899.4%
Q1 25
-1023.3%
Q4 24
-899.6%
-48.9%
Q3 24
10574.7%
Q2 24
-1115.7%
Q1 24
-995.8%
EPS (diluted)
AGIO
AGIO
RCON
RCON
Q4 25
$-1.86
$-0.09
Q3 25
$-1.78
Q2 25
$-1.93
Q1 25
$-1.55
Q4 24
$-1.44
$-0.31
Q3 24
$16.22
Q2 24
$-1.69
Q1 24
$-1.45

Balance Sheet & Financial Strength

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

Metric
AGIO
AGIO
RCON
RCON
Cash + ST InvestmentsLiquidity on hand
$89.1M
$10.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.2B
$66.4M
Total Assets
$1.3B
$77.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AGIO
AGIO
RCON
RCON
Q4 25
$89.1M
$10.7M
Q3 25
$92.7M
Q2 25
$80.9M
Q1 25
$79.0M
Q4 24
$76.2M
$19.9M
Q3 24
$253.7M
Q2 24
$84.5M
Q1 24
$118.8M
Stockholders' Equity
AGIO
AGIO
RCON
RCON
Q4 25
$1.2B
$66.4M
Q3 25
$1.3B
Q2 25
$1.4B
Q1 25
$1.5B
Q4 24
$1.5B
$66.9M
Q3 24
$1.6B
Q2 24
$660.5M
Q1 24
$743.9M
Total Assets
AGIO
AGIO
RCON
RCON
Q4 25
$1.3B
$77.6M
Q3 25
$1.4B
Q2 25
$1.5B
Q1 25
$1.6B
Q4 24
$1.7B
$74.2M
Q3 24
$1.8B
Q2 24
$773.1M
Q1 24
$849.7M

Cash Flow & Capital Efficiency

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

Metric
AGIO
AGIO
RCON
RCON
Operating Cash FlowLast quarter
$-96.2M
$-1.9M
Free Cash FlowOCF − Capex
$-97.3M
FCF MarginFCF / Revenue
-487.5%
Capex IntensityCapex / Revenue
5.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-377.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AGIO
AGIO
RCON
RCON
Q4 25
$-96.2M
$-1.9M
Q3 25
$-88.2M
Q2 25
$-77.1M
Q1 25
$-111.5M
Q4 24
$-133.2M
$-1.7M
Q3 24
$-84.2M
Q2 24
$-72.6M
Q1 24
$-99.9M
Free Cash Flow
AGIO
AGIO
RCON
RCON
Q4 25
$-97.3M
Q3 25
$-89.7M
Q2 25
$-78.0M
Q1 25
$-112.3M
Q4 24
$-134.1M
Q3 24
$-84.6M
Q2 24
$-72.7M
Q1 24
$-100.0M
FCF Margin
AGIO
AGIO
RCON
RCON
Q4 25
-487.5%
Q3 25
-696.5%
Q2 25
-626.2%
Q1 25
-1286.4%
Q4 24
-1250.1%
Q3 24
-944.2%
Q2 24
-844.4%
Q1 24
-1221.2%
Capex Intensity
AGIO
AGIO
RCON
RCON
Q4 25
5.6%
Q3 25
12.1%
Q2 25
7.0%
Q1 25
8.8%
Q4 24
9.0%
Q3 24
4.7%
Q2 24
1.8%
Q1 24
1.7%
Cash Conversion
AGIO
AGIO
RCON
RCON
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-0.09×
Q2 24
Q1 24

Financial Flow Comparison

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

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