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Side-by-side financial comparison of Aeluma, Inc. (ALMU) and Nano Labs Ltd (NA). Click either name above to swap in a different company.
Nano Labs Ltd is the larger business by last-quarter revenue ($2.7M vs $1.3M, roughly 2.1× Aeluma, Inc.). Nano Labs Ltd runs the higher net margin — 754.5% vs -145.7%, a 900.1% gap on every dollar of revenue. Aeluma, Inc. produced more free cash flow last quarter ($-282.0K vs $-8.4M).
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.
Weebit Nano is a public semiconductor IP company founded in Israel in 2015 and headquartered in Hod HaSharon, Israel. The company develops Resistive Random-Access Memory technologies. Resistive Random-Access Memory is a specialized form of non-volatile memory (NVM) for the semiconductor industry. The company's products are targeted at a broad range of NVM markets where persistence, performance, and endurance are all required. ReRAM technology can be integrated in electronic devices like weara...
ALMU vs NA — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.3M | $2.7M |
| Net Profit | $-1.9M | $20.3M |
| Gross Margin | 27.8% | — |
| Operating Margin | -163.6% | — |
| Net Margin | -145.7% | 754.5% |
| Revenue YoY | -21.1% | — |
| Net Profit YoY | 36.0% | — |
| EPS (diluted) | $-0.11 | $1.03 |
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.
| Q4 25 | $1.3M | $2.7M | ||
| Q3 25 | $1.4M | — | ||
| Q2 25 | — | $1.2M | ||
| Q2 24 | — | $3.5M |
| Q4 25 | $-1.9M | $20.3M | ||
| Q3 25 | $-1.5M | — | ||
| Q2 25 | — | $-985.5K | ||
| Q2 24 | — | $-8.0M |
| Q4 25 | 27.8% | — | ||
| Q3 25 | 49.4% | — | ||
| Q2 25 | — | — | ||
| Q2 24 | — | 0.1% |
| Q4 25 | -163.6% | — | ||
| Q3 25 | -116.1% | — | ||
| Q2 25 | — | -459.2% | ||
| Q2 24 | — | -237.2% |
| Q4 25 | -145.7% | 754.5% | ||
| Q3 25 | -107.8% | — | ||
| Q2 25 | — | -85.2% | ||
| Q2 24 | — | -231.3% |
| Q4 25 | $-0.11 | $1.03 | ||
| Q3 25 | $-0.09 | — | ||
| Q2 25 | — | $-0.06 | ||
| Q2 24 | — | $-0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $38.6M | $4.9M |
| Total DebtLower is stronger | — | $24.5M |
| Stockholders' EquityBook value | $40.8M | $106.5M |
| Total Assets | $42.6M | $159.3M |
| Debt / EquityLower = less leverage | — | 0.23× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $38.6M | $4.9M | ||
| Q3 25 | $25.9M | — | ||
| Q2 25 | — | $50.8M | ||
| Q2 24 | — | $3.3M |
| Q4 25 | — | $24.5M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $24.8M | ||
| Q2 24 | — | $22.5M |
| Q4 25 | $40.8M | $106.5M | ||
| Q3 25 | $40.9M | — | ||
| Q2 25 | — | $86.8M | ||
| Q2 24 | — | $-5.1M |
| Q4 25 | $42.6M | $159.3M | ||
| Q3 25 | $42.7M | — | ||
| Q2 25 | — | $206.4M | ||
| Q2 24 | — | $51.2M |
| Q4 25 | — | 0.23× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.29× | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-251.0K | $-8.3M |
| Free Cash FlowOCF − Capex | $-282.0K | $-8.4M |
| FCF MarginFCF / Revenue | -22.2% | -312.3% |
| Capex IntensityCapex / Revenue | 2.4% | 2.9% |
| Cash ConversionOCF / Net Profit | — | -0.41× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-251.0K | $-8.3M | ||
| Q3 25 | $-815.0K | — | ||
| Q2 25 | — | $-7.1M | ||
| Q2 24 | — | $-10.8M |
| Q4 25 | $-282.0K | $-8.4M | ||
| Q3 25 | $-1.0M | — | ||
| Q2 25 | — | $-7.2M | ||
| Q2 24 | — | $-15.4M |
| Q4 25 | -22.2% | -312.3% | ||
| Q3 25 | -74.0% | — | ||
| Q2 25 | — | -620.3% | ||
| Q2 24 | — | -443.4% |
| Q4 25 | 2.4% | 2.9% | ||
| Q3 25 | 15.2% | — | ||
| Q2 25 | — | 7.2% | ||
| Q2 24 | — | 133.1% |
| Q4 25 | — | -0.41× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
