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Side-by-side financial comparison of Aeluma, Inc. (ALMU) and Qudian Inc. (HTT). Click either name above to swap in a different company.

Aeluma, Inc. is the larger business by last-quarter revenue ($1.3M vs $1.1M, roughly 1.2× Qudian Inc.). Qudian Inc. runs the higher net margin — 239.8% vs -145.7%, a 385.4% gap on every dollar of revenue.

Aeluma, Inc. is a U.S.-headquartered technology firm focused on the design, development, and production of high-performance optoelectronic components and semiconductor products. Its core offerings include photonic sensors and laser diodes, serving the LiDAR, 5G/6G communication, industrial sensing, and automotive markets across North America and the Asia-Pacific region.

Qudian Inc. is a China-based fintech service provider that mainly offers small consumer credit solutions, risk management technical services, and related digital financial products. Its core target users are young mass consumers across China, with all key business operations focused on the domestic Chinese market.

ALMU vs HTT — Head-to-Head

Bigger by revenue
ALMU
ALMU
1.2× larger
ALMU
$1.3M
$1.1M
HTT
Higher net margin
HTT
HTT
385.4% more per $
HTT
239.8%
-145.7%
ALMU

Income Statement — Q2 FY2026 vs Q3 FY2024

Metric
ALMU
ALMU
HTT
HTT
Revenue
$1.3M
$1.1M
Net Profit
$-1.9M
$2.6M
Gross Margin
27.8%
11.1%
Operating Margin
-163.6%
-121.7%
Net Margin
-145.7%
239.8%
Revenue YoY
-21.1%
Net Profit YoY
36.0%
EPS (diluted)
$-0.11
$0.01

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
ALMU
ALMU
HTT
HTT
Q4 25
$1.3M
Q3 25
$1.4M
Q3 24
$1.1M
Q2 24
$1.0M
Q1 24
$1.1M
Q3 23
$559.9K
Q3 22
$2.1M
Q2 22
$2.2M
Net Profit
ALMU
ALMU
HTT
HTT
Q4 25
$-1.9M
Q3 25
$-1.5M
Q3 24
$2.6M
Q2 24
$1.9M
Q1 24
$-1.4M
Q3 23
$-3.4M
Q3 22
$-12.6M
Q2 22
$-1.3M
Gross Margin
ALMU
ALMU
HTT
HTT
Q4 25
27.8%
Q3 25
49.4%
Q3 24
11.1%
Q2 24
13.3%
Q1 24
Q3 23
Q3 22
Q2 22
61.0%
Operating Margin
ALMU
ALMU
HTT
HTT
Q4 25
-163.6%
Q3 25
-116.1%
Q3 24
-121.7%
Q2 24
-107.6%
Q1 24
-129.9%
Q3 23
-340.6%
Q3 22
-272.1%
Q2 22
-27.8%
Net Margin
ALMU
ALMU
HTT
HTT
Q4 25
-145.7%
Q3 25
-107.8%
Q3 24
239.8%
Q2 24
187.1%
Q1 24
-131.8%
Q3 23
-612.3%
Q3 22
-588.2%
Q2 22
-58.1%
EPS (diluted)
ALMU
ALMU
HTT
HTT
Q4 25
$-0.11
Q3 25
$-0.09
Q3 24
$0.01
Q2 24
$0.01
Q1 24
$-0.01
Q3 23
$-0.02
Q3 22
$-0.05
Q2 22
$-0.01

Balance Sheet & Financial Strength

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

Metric
ALMU
ALMU
HTT
HTT
Cash + ST InvestmentsLiquidity on hand
$38.6M
$104.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$40.8M
$225.2M
Total Assets
$42.6M
$246.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALMU
ALMU
HTT
HTT
Q4 25
$38.6M
Q3 25
$25.9M
Q3 24
$104.9M
Q2 24
$112.8M
Q1 24
$140.6M
Q3 23
$183.4M
Q3 22
$154.1M
Q2 22
$168.3M
Total Debt
ALMU
ALMU
HTT
HTT
Q4 25
Q3 25
Q3 24
Q2 24
Q1 24
Q3 23
Q3 22
Q2 22
$521.5K
Stockholders' Equity
ALMU
ALMU
HTT
HTT
Q4 25
$40.8M
Q3 25
$40.9M
Q3 24
$225.2M
Q2 24
$217.5M
Q1 24
$218.9M
Q3 23
$226.0M
Q3 22
$225.5M
Q2 22
$253.0M
Total Assets
ALMU
ALMU
HTT
HTT
Q4 25
$42.6M
Q3 25
$42.7M
Q3 24
$246.8M
Q2 24
$227.9M
Q1 24
$234.9M
Q3 23
$239.4M
Q3 22
$249.6M
Q2 22
$283.4M
Debt / Equity
ALMU
ALMU
HTT
HTT
Q4 25
Q3 25
Q3 24
Q2 24
Q1 24
Q3 23
Q3 22
Q2 22
0.00×

Cash Flow & Capital Efficiency

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

Metric
ALMU
ALMU
HTT
HTT
Operating Cash FlowLast quarter
$-251.0K
Free Cash FlowOCF − Capex
$-282.0K
FCF MarginFCF / Revenue
-22.2%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALMU
ALMU
HTT
HTT
Q4 25
$-251.0K
Q3 25
$-815.0K
Q3 24
Q2 24
Q1 24
Q3 23
Q3 22
Q2 22
Free Cash Flow
ALMU
ALMU
HTT
HTT
Q4 25
$-282.0K
Q3 25
$-1.0M
Q3 24
Q2 24
Q1 24
Q3 23
Q3 22
Q2 22
FCF Margin
ALMU
ALMU
HTT
HTT
Q4 25
-22.2%
Q3 25
-74.0%
Q3 24
Q2 24
Q1 24
Q3 23
Q3 22
Q2 22
Capex Intensity
ALMU
ALMU
HTT
HTT
Q4 25
2.4%
Q3 25
15.2%
Q3 24
Q2 24
Q1 24
Q3 23
Q3 22
Q2 22

Financial Flow Comparison

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

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