vs

Side-by-side financial comparison of BIO KEY INTERNATIONAL INC (BKYI) and Laser Photonics Corp (LASE). Click either name above to swap in a different company.

BIO KEY INTERNATIONAL INC is the larger business by last-quarter revenue ($1.5M vs $919.3K, roughly 1.7× Laser Photonics Corp). BIO KEY INTERNATIONAL INC runs the higher net margin — -62.3% vs -506.4%, a 444.2% gap on every dollar of revenue. On growth, Laser Photonics Corp posted the faster year-over-year revenue change (28.3% vs -27.7%). Over the past eight quarters, Laser Photonics Corp's revenue compounded faster (-3.9% CAGR vs -7.9%).

Bio Key International Inc develops and supplies biometric identity verification and access management solutions, including fingerprint, palm and facial recognition technologies. Its products serve enterprise, government, healthcare, education and retail sectors across North America, Europe and Asia, helping clients enhance security and streamline identity validation workflows.

IPG Photonics Corporation is a manufacturer of fiber lasers. IPG Photonics developed and commercialized optical fiber lasers, which are used in a variety of applications including materials processing, medical applications and telecommunications. IPG has manufacturing facilities in the United States, Germany, Russia and Italy.

BKYI vs LASE — Head-to-Head

Bigger by revenue
BKYI
BKYI
1.7× larger
BKYI
$1.5M
$919.3K
LASE
Growing faster (revenue YoY)
LASE
LASE
+56.0% gap
LASE
28.3%
-27.7%
BKYI
Higher net margin
BKYI
BKYI
444.2% more per $
BKYI
-62.3%
-506.4%
LASE
Faster 2-yr revenue CAGR
LASE
LASE
Annualised
LASE
-3.9%
-7.9%
BKYI

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
BKYI
BKYI
LASE
LASE
Revenue
$1.5M
$919.3K
Net Profit
$-964.8K
$-4.7M
Gross Margin
76.9%
-20.1%
Operating Margin
-57.6%
-350.0%
Net Margin
-62.3%
-506.4%
Revenue YoY
-27.7%
28.3%
Net Profit YoY
-30.6%
-186.5%
EPS (diluted)
$-0.27

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
BKYI
BKYI
LASE
LASE
Q3 25
$1.5M
$919.3K
Q2 25
$1.7M
$2.6M
Q1 25
$1.6M
$2.3M
Q4 24
$1.5M
$1.3M
Q3 24
$2.1M
$716.7K
Q2 24
$1.1M
$623.4K
Q1 24
$2.2M
$743.0K
Q4 23
$1.8M
$994.6K
Net Profit
BKYI
BKYI
LASE
LASE
Q3 25
$-964.8K
$-4.7M
Q2 25
$-1.2M
$-1.8M
Q1 25
$-736.5K
$-1.7M
Q4 24
$-1.4M
$586.4K
Q3 24
$-739.0K
$-1.6M
Q2 24
$-1.7M
$-934.3K
Q1 24
$-510.3K
$-545.7K
Q4 23
$-2.5M
$-486.6K
Gross Margin
BKYI
BKYI
LASE
LASE
Q3 25
76.9%
-20.1%
Q2 25
72.6%
53.5%
Q1 25
82.6%
49.8%
Q4 24
82.1%
13.3%
Q3 24
78.3%
85.0%
Q2 24
77.0%
50.6%
Q1 24
86.3%
51.9%
Q4 23
-5.2%
84.5%
Operating Margin
BKYI
BKYI
LASE
LASE
Q3 25
-57.6%
-350.0%
Q2 25
-63.9%
-37.0%
Q1 25
-39.9%
-68.7%
Q4 24
-86.7%
-255.1%
Q3 24
-27.1%
-238.0%
Q2 24
-144.9%
-149.4%
Q1 24
-23.3%
-73.8%
Q4 23
-149.2%
-88.4%
Net Margin
BKYI
BKYI
LASE
LASE
Q3 25
-62.3%
-506.4%
Q2 25
-68.8%
-68.3%
Q1 25
-45.8%
-73.4%
Q4 24
-94.7%
45.7%
Q3 24
-34.5%
-226.8%
Q2 24
-146.1%
-149.9%
Q1 24
-23.4%
-73.4%
Q4 23
-137.8%
-48.9%
EPS (diluted)
BKYI
BKYI
LASE
LASE
Q3 25
$-0.27
Q2 25
$-0.12
Q1 25
$-0.12
Q4 24
$0.06
Q3 24
$-0.13
Q2 24
$-0.09
Q1 24
$-0.06
Q4 23
$-0.03

Balance Sheet & Financial Strength

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

Metric
BKYI
BKYI
LASE
LASE
Cash + ST InvestmentsLiquidity on hand
$2.0M
$3.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$6.0M
$4.1M
Total Assets
$10.1M
$17.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BKYI
BKYI
LASE
LASE
Q3 25
$2.0M
$3.6M
Q2 25
$2.3M
$78.5K
Q1 25
$3.1M
$179.1K
Q4 24
$437.6K
$533.9K
Q3 24
$1.8M
$2.1M
Q2 24
$1.3M
$2.7M
Q1 24
$690.4K
$5.2M
Q4 23
$511.4K
$6.2M
Stockholders' Equity
BKYI
BKYI
LASE
LASE
Q3 25
$6.0M
$4.1M
Q2 25
$6.9M
$4.3M
Q1 25
$7.5M
$6.8M
Q4 24
$3.8M
$10.2M
Q3 24
$133.0K
$9.7M
Q2 24
$-1.1M
$10.3M
Q1 24
$535.7K
$12.4M
Q4 23
$1.1M
$13.9M
Total Assets
BKYI
BKYI
LASE
LASE
Q3 25
$10.1M
$17.5M
Q2 25
$10.5M
$14.9M
Q1 25
$11.2M
$16.0M
Q4 24
$8.6M
$17.2M
Q3 24
$6.4M
$10.6M
Q2 24
$4.8M
$11.1M
Q1 24
$4.2M
$13.6M
Q4 23
$4.5M
$15.1M

Cash Flow & Capital Efficiency

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

Metric
BKYI
BKYI
LASE
LASE
Operating Cash FlowLast quarter
$-1.1M
$763.1K
Free Cash FlowOCF − Capex
$-1.1M
FCF MarginFCF / Revenue
-72.5%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-3.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BKYI
BKYI
LASE
LASE
Q3 25
$-1.1M
$763.1K
Q2 25
$-880.0K
$-1.0M
Q1 25
$-835.3K
$-1.2M
Q4 24
$-514.6K
$-6.5M
Q3 24
$-1.3M
$632.7K
Q2 24
$-1.4M
$-2.4M
Q1 24
$297.1K
$-866.3K
Q4 23
$-1.5M
$-2.0M
Free Cash Flow
BKYI
BKYI
LASE
LASE
Q3 25
$-1.1M
Q2 25
$-881.5K
Q1 25
$-839.9K
Q4 24
$-524.6K
Q3 24
$-1.3M
$589.6K
Q2 24
$-2.4M
Q1 24
$295.2K
$-1.0M
Q4 23
$-1.5M
FCF Margin
BKYI
BKYI
LASE
LASE
Q3 25
-72.5%
Q2 25
-51.9%
Q1 25
-52.3%
Q4 24
-35.9%
Q3 24
-60.5%
82.3%
Q2 24
-388.0%
Q1 24
13.5%
-136.9%
Q4 23
-84.0%
Capex Intensity
BKYI
BKYI
LASE
LASE
Q3 25
0.1%
Q2 25
0.1%
Q1 25
0.3%
Q4 24
0.7%
Q3 24
1.0%
6.0%
Q2 24
0.0%
5.1%
Q1 24
0.1%
20.3%
Q4 23
0.1%
Cash Conversion
BKYI
BKYI
LASE
LASE
Q3 25
Q2 25
Q1 25
Q4 24
-11.11×
Q3 24
Q2 24
Q1 24
Q4 23

Financial Flow Comparison

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

Related Comparisons