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Side-by-side financial comparison of Cellectis S.A. (CLLS) and Recon Technology, Ltd (RCON). Click either name above to swap in a different company.

Recon Technology, Ltd is the larger business by last-quarter revenue ($12.2M vs $9.5M, roughly 1.3× Cellectis S.A.). Recon Technology, Ltd runs the higher net margin — -6.8% vs -265.9%, a 259.0% gap on every dollar of revenue. On growth, Cellectis S.A. posted the faster year-over-year revenue change (375.0% vs 111.0%).

Cellectis is a French biopharmaceutical company. It develops genome-edited chimeric antigen receptor T-cell technologies for cancer immunotherapy. It has offices in Paris, New York City, and Raleigh, North Carolina.

Recon Instruments Inc. was a Canadian technology company that produced smartglasses and wearable displays marketed by the company as "heads-up displays" for sports. Recon's products delivered live activity metrics, GPS maps, and notifications directly to the user's eye. Recon's first heads-up display offering was released commercially in October 2010, roughly a year and a half before Google introduced Google Glass.

CLLS vs RCON — Head-to-Head

Bigger by revenue
RCON
RCON
1.3× larger
RCON
$12.2M
$9.5M
CLLS
Growing faster (revenue YoY)
CLLS
CLLS
+263.9% gap
CLLS
375.0%
111.0%
RCON
Higher net margin
RCON
RCON
259.0% more per $
RCON
-6.8%
-265.9%
CLLS

Income Statement — Q2 FY2024 vs Q2 FY2026

Metric
CLLS
CLLS
RCON
RCON
Revenue
$9.5M
$12.2M
Net Profit
$-25.3M
$-832.7K
Gross Margin
33.5%
Operating Margin
-181.1%
-14.6%
Net Margin
-265.9%
-6.8%
Revenue YoY
375.0%
111.0%
Net Profit YoY
-51.9%
70.5%
EPS (diluted)
$-0.28
$-0.09

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
CLLS
CLLS
RCON
RCON
Q4 25
$12.2M
Q4 24
$5.8M
Q2 24
$9.5M
Q4 23
$6.4M
Q3 23
$1.6M
Q2 23
$2.0M
Q2 22
$2.7M
Net Profit
CLLS
CLLS
RCON
RCON
Q4 25
$-832.7K
Q4 24
$-2.8M
Q2 24
$-25.3M
Q4 23
$-3.2M
Q3 23
$-17.5M
Q2 23
$-16.6M
Q2 22
$-19.5M
Gross Margin
CLLS
CLLS
RCON
RCON
Q4 25
33.5%
Q4 24
31.7%
Q2 24
Q4 23
26.7%
Q3 23
Q2 23
97.3%
Q2 22
87.9%
Operating Margin
CLLS
CLLS
RCON
RCON
Q4 25
-14.6%
Q4 24
-63.9%
Q2 24
-181.1%
Q4 23
-50.4%
Q3 23
-1258.1%
Q2 23
-1180.5%
Q2 22
-1003.0%
Net Margin
CLLS
CLLS
RCON
RCON
Q4 25
-6.8%
Q4 24
-48.9%
Q2 24
-265.9%
Q4 23
-49.8%
Q3 23
-1064.1%
Q2 23
-831.6%
Q2 22
-714.4%
EPS (diluted)
CLLS
CLLS
RCON
RCON
Q4 25
$-0.09
Q4 24
$-0.31
Q2 24
$-0.28
Q4 23
$-1.16
Q3 23
$-0.31
Q2 23
$-0.20
Q2 22
$-0.42

Balance Sheet & Financial Strength

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

Metric
CLLS
CLLS
RCON
RCON
Cash + ST InvestmentsLiquidity on hand
$149.0M
$10.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$148.6M
$66.4M
Total Assets
$407.1M
$77.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLLS
CLLS
RCON
RCON
Q4 25
$10.7M
Q4 24
$19.9M
Q2 24
$149.0M
Q4 23
$36.0M
Q3 23
Q2 23
$84.4M
Q2 22
$129.4M
Stockholders' Equity
CLLS
CLLS
RCON
RCON
Q4 25
$66.4M
Q4 24
$66.9M
Q2 24
$148.6M
Q4 23
$60.0M
Q3 23
$76.1M
Q2 23
$96.6M
Q2 22
$180.5M
Total Assets
CLLS
CLLS
RCON
RCON
Q4 25
$77.6M
Q4 24
$74.2M
Q2 24
$407.1M
Q4 23
$68.1M
Q3 23
$209.7M
Q2 23
$227.7M
Q2 22
$320.9M

Cash Flow & Capital Efficiency

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

Metric
CLLS
CLLS
RCON
RCON
Operating Cash FlowLast quarter
$28.9M
$-1.9M
Free Cash FlowOCF − Capex
$27.6M
FCF MarginFCF / Revenue
290.5%
Capex IntensityCapex / Revenue
13.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLLS
CLLS
RCON
RCON
Q4 25
$-1.9M
Q4 24
$-1.7M
Q2 24
$28.9M
Q4 23
$-931.0K
Q3 23
Q2 23
$-47.4M
Q2 22
$-60.2M
Free Cash Flow
CLLS
CLLS
RCON
RCON
Q4 25
Q4 24
Q2 24
$27.6M
Q4 23
Q3 23
Q2 23
$-47.9M
Q2 22
$-61.7M
FCF Margin
CLLS
CLLS
RCON
RCON
Q4 25
Q4 24
Q2 24
290.5%
Q4 23
Q3 23
Q2 23
-2391.4%
Q2 22
-2266.7%
Capex Intensity
CLLS
CLLS
RCON
RCON
Q4 25
Q4 24
Q2 24
13.2%
Q4 23
Q3 23
Q2 23
24.1%
Q2 22
56.6%

Financial Flow Comparison

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

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