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

Aeluma, Inc. is the larger business by last-quarter revenue ($1.3M vs $901.0K, roughly 1.4× Arcadia Biosciences, Inc.). Aeluma, Inc. runs the higher net margin — -145.7% vs -148.3%, a 2.6% gap on every dollar of revenue. On growth, Aeluma, Inc. posted the faster year-over-year revenue change (-21.1% vs -25.8%).

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.

Arcadia Biosciences is a publicly traded American agricultural biotechnology headquartered in Davis, California focused on the development of traits to enhance crop quality and productivity. The company is partly owned by Moral Compass Corporation.

ALMU vs RKDA — Head-to-Head

Bigger by revenue
ALMU
ALMU
1.4× larger
ALMU
$1.3M
$901.0K
RKDA
Growing faster (revenue YoY)
ALMU
ALMU
+4.7% gap
ALMU
-21.1%
-25.8%
RKDA
Higher net margin
ALMU
ALMU
2.6% more per $
ALMU
-145.7%
-148.3%
RKDA

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
ALMU
ALMU
RKDA
RKDA
Revenue
$1.3M
$901.0K
Net Profit
$-1.9M
$-1.3M
Gross Margin
27.8%
21.4%
Operating Margin
-163.6%
-152.8%
Net Margin
-145.7%
-148.3%
Revenue YoY
-21.1%
-25.8%
Net Profit YoY
36.0%
67.1%
EPS (diluted)
$-0.11
$-0.97

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
RKDA
RKDA
Q4 25
$1.3M
$901.0K
Q3 25
$1.4M
$1.3M
Q2 25
$1.5M
Q1 25
$1.2M
Q4 24
$1.2M
Q3 24
$1.5M
Q2 24
$1.3M
Q1 24
$987.0K
Net Profit
ALMU
ALMU
RKDA
RKDA
Q4 25
$-1.9M
$-1.3M
Q3 25
$-1.5M
$856.0K
Q2 25
$-4.5M
Q1 25
$2.6M
Q4 24
$-4.1M
Q3 24
$-1.6M
Q2 24
$1.1M
Q1 24
$-2.4M
Gross Margin
ALMU
ALMU
RKDA
RKDA
Q4 25
27.8%
21.4%
Q3 25
49.4%
32.1%
Q2 25
43.4%
Q1 25
43.2%
Q4 24
31.9%
Q3 24
32.9%
Q2 24
51.5%
Q1 24
52.3%
Operating Margin
ALMU
ALMU
RKDA
RKDA
Q4 25
-163.6%
-152.8%
Q3 25
-116.1%
-88.5%
Q2 25
-34.4%
Q1 25
44.2%
Q4 24
-187.7%
Q3 24
-114.5%
Q2 24
Q1 24
-160.9%
Net Margin
ALMU
ALMU
RKDA
RKDA
Q4 25
-145.7%
-148.3%
Q3 25
-107.8%
65.7%
Q2 25
-306.4%
Q1 25
216.6%
Q4 24
-334.5%
Q3 24
-104.9%
Q2 24
81.2%
Q1 24
-245.5%
EPS (diluted)
ALMU
ALMU
RKDA
RKDA
Q4 25
$-0.11
$-0.97
Q3 25
$-0.09
$0.62
Q2 25
$-3.26
Q1 25
$1.90
Q4 24
$-2.99
Q3 24
$-1.18
Q2 24
$0.78
Q1 24
$-1.78

Balance Sheet & Financial Strength

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

Metric
ALMU
ALMU
RKDA
RKDA
Cash + ST InvestmentsLiquidity on hand
$38.6M
$4.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$40.8M
$4.1M
Total Assets
$42.6M
$6.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALMU
ALMU
RKDA
RKDA
Q4 25
$38.6M
$4.6M
Q3 25
$25.9M
$5.9M
Q2 25
$4.4M
Q1 25
$3.2M
Q4 24
$4.2M
Q3 24
$6.6M
Q2 24
$8.1M
Q1 24
$8.5M
Stockholders' Equity
ALMU
ALMU
RKDA
RKDA
Q4 25
$40.8M
$4.1M
Q3 25
$40.9M
$5.4M
Q2 25
$4.5M
Q1 25
$8.9M
Q4 24
$6.2M
Q3 24
$10.3M
Q2 24
$11.7M
Q1 24
$10.6M
Total Assets
ALMU
ALMU
RKDA
RKDA
Q4 25
$42.6M
$6.5M
Q3 25
$42.7M
$8.6M
Q2 25
$7.8M
Q1 25
$13.0M
Q4 24
$13.5M
Q3 24
$15.2M
Q2 24
$17.4M
Q1 24
$16.0M

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
RKDA
RKDA
Operating Cash FlowLast quarter
$-251.0K
$-861.0K
Free Cash FlowOCF − Capex
$-282.0K
FCF MarginFCF / Revenue
-22.2%
Capex IntensityCapex / Revenue
2.4%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALMU
ALMU
RKDA
RKDA
Q4 25
$-251.0K
$-861.0K
Q3 25
$-815.0K
$-257.0K
Q2 25
$-2.0M
Q1 25
$-1.6M
Q4 24
$-2.2M
Q3 24
$-1.8M
Q2 24
$-2.5M
Q1 24
$-3.2M
Free Cash Flow
ALMU
ALMU
RKDA
RKDA
Q4 25
$-282.0K
Q3 25
$-1.0M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$-2.5M
Q1 24
$-3.2M
FCF Margin
ALMU
ALMU
RKDA
RKDA
Q4 25
-22.2%
Q3 25
-74.0%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
-188.3%
Q1 24
-326.5%
Capex Intensity
ALMU
ALMU
RKDA
RKDA
Q4 25
2.4%
0.0%
Q3 25
15.2%
0.0%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
0.0%
Q3 24
0.0%
Q2 24
0.2%
Q1 24
1.3%
Cash Conversion
ALMU
ALMU
RKDA
RKDA
Q4 25
Q3 25
-0.30×
Q2 25
Q1 25
-0.61×
Q4 24
Q3 24
Q2 24
-2.31×
Q1 24

Financial Flow Comparison

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

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