vs

Side-by-side financial comparison of Camp4 Therapeutics Corp (CAMP) and Laser Photonics Corp (LASE). Click either name above to swap in a different company.

Laser Photonics Corp is the larger business by last-quarter revenue ($919.3K vs $795.0K, roughly 1.2× Camp4 Therapeutics Corp). Laser Photonics Corp runs the higher net margin — -506.4% vs -1899.2%, a 1392.8% gap on every dollar of revenue.

Camp4 Therapeutics Corp is a clinical-stage biotechnology company focused on developing innovative RNA-targeted therapies for rare genetic diseases. It leverages its proprietary regulatory RNA mapping platform to identify novel therapeutic targets, primarily serving patients with unmet medical needs across North America and Europe.

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.

CAMP vs LASE — Head-to-Head

Bigger by revenue
LASE
LASE
1.2× larger
LASE
$919.3K
$795.0K
CAMP
Higher net margin
LASE
LASE
1392.8% more per $
LASE
-506.4%
-1899.2%
CAMP

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
CAMP
CAMP
LASE
LASE
Revenue
$795.0K
$919.3K
Net Profit
$-15.1M
$-4.7M
Gross Margin
-20.1%
Operating Margin
-1717.1%
-350.0%
Net Margin
-1899.2%
-506.4%
Revenue YoY
28.3%
Net Profit YoY
-12.0%
-186.5%
EPS (diluted)
$-0.55
$-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
CAMP
CAMP
LASE
LASE
Q3 25
$795.0K
$919.3K
Q2 25
$1.5M
$2.6M
Q1 25
$858.0K
$2.3M
Q4 24
$1.3M
Q3 24
$0
$716.7K
Q2 24
$623.4K
Q1 24
$743.0K
Q4 23
$994.6K
Net Profit
CAMP
CAMP
LASE
LASE
Q3 25
$-15.1M
$-4.7M
Q2 25
$-12.6M
$-1.8M
Q1 25
$-12.4M
$-1.7M
Q4 24
$586.4K
Q3 24
$-13.5M
$-1.6M
Q2 24
$-934.3K
Q1 24
$-545.7K
Q4 23
$-486.6K
Gross Margin
CAMP
CAMP
LASE
LASE
Q3 25
-20.1%
Q2 25
53.5%
Q1 25
49.8%
Q4 24
13.3%
Q3 24
85.0%
Q2 24
50.6%
Q1 24
51.9%
Q4 23
84.5%
Operating Margin
CAMP
CAMP
LASE
LASE
Q3 25
-1717.1%
-350.0%
Q2 25
-870.3%
-37.0%
Q1 25
-1526.8%
-68.7%
Q4 24
-255.1%
Q3 24
-238.0%
Q2 24
-149.4%
Q1 24
-73.8%
Q4 23
-88.4%
Net Margin
CAMP
CAMP
LASE
LASE
Q3 25
-1899.2%
-506.4%
Q2 25
-840.8%
-68.3%
Q1 25
-1449.1%
-73.4%
Q4 24
45.7%
Q3 24
-226.8%
Q2 24
-149.9%
Q1 24
-73.4%
Q4 23
-48.9%
EPS (diluted)
CAMP
CAMP
LASE
LASE
Q3 25
$-0.55
$-0.27
Q2 25
$-0.62
$-0.12
Q1 25
$-0.62
$-0.12
Q4 24
$0.06
Q3 24
$-24.19
$-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
CAMP
CAMP
LASE
LASE
Cash + ST InvestmentsLiquidity on hand
$75.3M
$3.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$58.7M
$4.1M
Total Assets
$86.4M
$17.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAMP
CAMP
LASE
LASE
Q3 25
$75.3M
$3.6M
Q2 25
$39.1M
$78.5K
Q1 25
$49.3M
$179.1K
Q4 24
$533.9K
Q3 24
$2.5M
$2.1M
Q2 24
$2.7M
Q1 24
$5.2M
Q4 23
$6.2M
Stockholders' Equity
CAMP
CAMP
LASE
LASE
Q3 25
$58.7M
$4.1M
Q2 25
$40.0M
$4.3M
Q1 25
$51.6M
$6.8M
Q4 24
$10.2M
Q3 24
$-159.0M
$9.7M
Q2 24
$10.3M
Q1 24
$12.4M
Q4 23
$13.9M
Total Assets
CAMP
CAMP
LASE
LASE
Q3 25
$86.4M
$17.5M
Q2 25
$51.3M
$14.9M
Q1 25
$62.8M
$16.0M
Q4 24
$17.2M
Q3 24
$21.4M
$10.6M
Q2 24
$11.1M
Q1 24
$13.6M
Q4 23
$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
CAMP
CAMP
LASE
LASE
Operating Cash FlowLast quarter
$-11.2M
$763.1K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAMP
CAMP
LASE
LASE
Q3 25
$-11.2M
$763.1K
Q2 25
$-10.3M
$-1.0M
Q1 25
$-14.3M
$-1.2M
Q4 24
$-6.5M
Q3 24
$632.7K
Q2 24
$-2.4M
Q1 24
$-866.3K
Q4 23
$-2.0M
Free Cash Flow
CAMP
CAMP
LASE
LASE
Q3 25
Q2 25
Q1 25
$-14.6M
Q4 24
Q3 24
$589.6K
Q2 24
$-2.4M
Q1 24
$-1.0M
Q4 23
FCF Margin
CAMP
CAMP
LASE
LASE
Q3 25
Q2 25
Q1 25
-1697.6%
Q4 24
Q3 24
82.3%
Q2 24
-388.0%
Q1 24
-136.9%
Q4 23
Capex Intensity
CAMP
CAMP
LASE
LASE
Q3 25
0.0%
Q2 25
0.0%
Q1 25
32.5%
Q4 24
Q3 24
6.0%
Q2 24
5.1%
Q1 24
20.3%
Q4 23
Cash Conversion
CAMP
CAMP
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