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Side-by-side financial comparison of Clean Energy Technologies, Inc. (CETY) 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 $773.6K, roughly 1.2× Clean Energy Technologies, Inc.). Clean Energy Technologies, Inc. runs the higher net margin — -271.8% vs -506.4%, a 234.7% gap on every dollar of revenue. On growth, Clean Energy Technologies, Inc. posted the faster year-over-year revenue change (228.9% vs 28.3%). Over the past eight quarters, Clean Energy Technologies, Inc.'s revenue compounded faster (18.4% CAGR vs -3.9%).

Bloom Energy is an American public company that designs and manufactures solid oxide fuel cells (SOFCs) which independently produce electricity onsite for power generation in data centers, manufacturing, and other commercial sectors. Founded in 2001 and headquartered in San Jose, California; its fuel cell technology generates electricity through a chemical conversion process, which differs from most other power sources reliant on combustion, and can use natural gas, biogas or hydrogen as fuel...

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.

CETY vs LASE — Head-to-Head

Bigger by revenue
LASE
LASE
1.2× larger
LASE
$919.3K
$773.6K
CETY
Growing faster (revenue YoY)
CETY
CETY
+200.6% gap
CETY
228.9%
28.3%
LASE
Higher net margin
CETY
CETY
234.7% more per $
CETY
-271.8%
-506.4%
LASE
Faster 2-yr revenue CAGR
CETY
CETY
Annualised
CETY
18.4%
-3.9%
LASE

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
CETY
CETY
LASE
LASE
Revenue
$773.6K
$919.3K
Net Profit
$-2.1M
$-4.7M
Gross Margin
23.7%
-20.1%
Operating Margin
-172.6%
-350.0%
Net Margin
-271.8%
-506.4%
Revenue YoY
228.9%
28.3%
Net Profit YoY
-61.8%
-186.5%
EPS (diluted)
$-0.47
$-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
CETY
CETY
LASE
LASE
Q3 25
$773.6K
$919.3K
Q2 25
$2.6M
Q1 25
$791.9K
$2.3M
Q4 24
$480.3K
$1.3M
Q3 24
$716.7K
Q2 24
$623.4K
Q1 24
$1.5M
$743.0K
Q4 23
$1.4M
$994.6K
Net Profit
CETY
CETY
LASE
LASE
Q3 25
$-2.1M
$-4.7M
Q2 25
$-1.8M
Q1 25
$-331.2K
$-1.7M
Q4 24
$-865.6K
$586.4K
Q3 24
$-1.6M
Q2 24
$-934.3K
Q1 24
$-1.4M
$-545.7K
Q4 23
$-3.1M
$-486.6K
Gross Margin
CETY
CETY
LASE
LASE
Q3 25
23.7%
-20.1%
Q2 25
53.5%
Q1 25
92.0%
49.8%
Q4 24
42.7%
13.3%
Q3 24
85.0%
Q2 24
50.6%
Q1 24
16.7%
51.9%
Q4 23
-37.5%
84.5%
Operating Margin
CETY
CETY
LASE
LASE
Q3 25
-172.6%
-350.0%
Q2 25
-37.0%
Q1 25
-12.1%
-68.7%
Q4 24
-116.3%
-255.1%
Q3 24
-238.0%
Q2 24
-149.4%
Q1 24
-54.3%
-73.8%
Q4 23
-102.8%
-88.4%
Net Margin
CETY
CETY
LASE
LASE
Q3 25
-271.8%
-506.4%
Q2 25
-68.3%
Q1 25
-41.8%
-73.4%
Q4 24
-180.2%
45.7%
Q3 24
-226.8%
Q2 24
-149.9%
Q1 24
-93.8%
-73.4%
Q4 23
-219.5%
-48.9%
EPS (diluted)
CETY
CETY
LASE
LASE
Q3 25
$-0.47
$-0.27
Q2 25
$-0.12
Q1 25
$-0.01
$-0.12
Q4 24
$0.40
$0.06
Q3 24
$-0.13
Q2 24
$-0.09
Q1 24
$-0.04
$-0.06
Q4 23
$-0.07
$-0.03

Balance Sheet & Financial Strength

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

Metric
CETY
CETY
LASE
LASE
Cash + ST InvestmentsLiquidity on hand
$234.9K
$3.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$7.1M
$4.1M
Total Assets
$14.8M
$17.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CETY
CETY
LASE
LASE
Q3 25
$234.9K
$3.6M
Q2 25
$78.5K
Q1 25
$179.1K
Q4 24
$62.1K
$533.9K
Q3 24
$2.1M
Q2 24
$2.7M
Q1 24
$5.2M
Q4 23
$89.6K
$6.2M
Total Debt
CETY
CETY
LASE
LASE
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
$257.9K
Stockholders' Equity
CETY
CETY
LASE
LASE
Q3 25
$7.1M
$4.1M
Q2 25
$4.3M
Q1 25
$3.0M
$6.8M
Q4 24
$2.9M
$10.2M
Q3 24
$9.7M
Q2 24
$10.3M
Q1 24
$4.4M
$12.4M
Q4 23
$5.1M
$13.9M
Total Assets
CETY
CETY
LASE
LASE
Q3 25
$14.8M
$17.5M
Q2 25
$14.9M
Q1 25
$10.1M
$16.0M
Q4 24
$9.5M
$17.2M
Q3 24
$10.6M
Q2 24
$11.1M
Q1 24
$9.0M
$13.6M
Q4 23
$10.9M
$15.1M
Debt / Equity
CETY
CETY
LASE
LASE
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
0.05×

Cash Flow & Capital Efficiency

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

Metric
CETY
CETY
LASE
LASE
Operating Cash FlowLast quarter
$-4.7M
$763.1K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CETY
CETY
LASE
LASE
Q3 25
$-4.7M
$763.1K
Q2 25
$-1.0M
Q1 25
$-776.0K
$-1.2M
Q4 24
$-772.3K
$-6.5M
Q3 24
$632.7K
Q2 24
$-2.4M
Q1 24
$-871.6K
$-866.3K
Q4 23
$-940.8K
$-2.0M
Free Cash Flow
CETY
CETY
LASE
LASE
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$589.6K
Q2 24
$-2.4M
Q1 24
$-1.0M
Q4 23
FCF Margin
CETY
CETY
LASE
LASE
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
82.3%
Q2 24
-388.0%
Q1 24
-136.9%
Q4 23
Capex Intensity
CETY
CETY
LASE
LASE
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
6.0%
Q2 24
5.1%
Q1 24
20.3%
Q4 23
Cash Conversion
CETY
CETY
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.

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