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Side-by-side financial comparison of Cytek Biosciences, Inc. (CTKB) and SmartRent, Inc. (SMRT). Click either name above to swap in a different company.
Cytek Biosciences, Inc. is the larger business by last-quarter revenue ($62.1M vs $36.5M, roughly 1.7× SmartRent, Inc.). SmartRent, Inc. runs the higher net margin — -8.9% vs -70.9%, a 62.0% gap on every dollar of revenue. On growth, Cytek Biosciences, Inc. posted the faster year-over-year revenue change (8.1% vs 3.1%). SmartRent, Inc. produced more free cash flow last quarter ($7.7M vs $-1.8M). Over the past eight quarters, Cytek Biosciences, Inc.'s revenue compounded faster (17.7% CAGR vs -15.0%).
Cytek Biosciences, Inc. develops, manufactures and sells high-performance flow cytometry systems, associated reagents and analysis software. Its solutions serve life science research, clinical diagnostics and biopharmaceutical sectors, with a global customer base across North America, Europe and the Asia-Pacific region.
Budget Rent a Car System, Inc. is an American car rental company that was founded in 1958 in Los Angeles, California by Morris Mirkin. Budget is a subsidiary of the Avis Budget Group, with its operations headquartered in Parsippany, New Jersey.
CTKB vs SMRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $62.1M | $36.5M |
| Net Profit | $-44.1M | $-3.2M |
| Gross Margin | 52.9% | 38.6% |
| Operating Margin | -9.0% | -10.9% |
| Net Margin | -70.9% | -8.9% |
| Revenue YoY | 8.1% | 3.1% |
| Net Profit YoY | -557.1% | 71.6% |
| EPS (diluted) | — | $-0.02 |
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.
| Q4 25 | $62.1M | $36.5M | ||
| Q3 25 | $52.3M | $36.2M | ||
| Q2 25 | $45.6M | $38.3M | ||
| Q1 25 | $41.5M | $41.3M | ||
| Q4 24 | $57.5M | $35.4M | ||
| Q3 24 | $51.5M | $40.5M | ||
| Q2 24 | $46.6M | $48.5M | ||
| Q1 24 | $44.9M | $50.5M |
| Q4 25 | $-44.1M | $-3.2M | ||
| Q3 25 | $-5.5M | $-6.3M | ||
| Q2 25 | $-5.6M | $-10.9M | ||
| Q1 25 | $-11.4M | $-40.2M | ||
| Q4 24 | $9.6M | $-11.4M | ||
| Q3 24 | $941.0K | $-9.9M | ||
| Q2 24 | $-10.4M | $-4.6M | ||
| Q1 24 | $-6.2M | $-7.7M |
| Q4 25 | 52.9% | 38.6% | ||
| Q3 25 | 52.7% | 26.4% | ||
| Q2 25 | 52.3% | 33.1% | ||
| Q1 25 | 48.6% | 32.8% | ||
| Q4 24 | 58.5% | 28.7% | ||
| Q3 24 | 56.3% | 33.2% | ||
| Q2 24 | 54.6% | 35.7% | ||
| Q1 24 | 51.3% | 38.5% |
| Q4 25 | -9.0% | -10.9% | ||
| Q3 25 | -17.6% | -19.4% | ||
| Q2 25 | -23.3% | -30.5% | ||
| Q1 25 | -36.1% | -99.9% | ||
| Q4 24 | 5.2% | -36.6% | ||
| Q3 24 | -8.2% | -29.0% | ||
| Q2 24 | -18.3% | -14.3% | ||
| Q1 24 | -23.9% | -20.1% |
| Q4 25 | -70.9% | -8.9% | ||
| Q3 25 | -10.5% | -17.3% | ||
| Q2 25 | -12.2% | -28.3% | ||
| Q1 25 | -27.5% | -97.2% | ||
| Q4 24 | 16.8% | -32.3% | ||
| Q3 24 | 1.8% | -24.5% | ||
| Q2 24 | -22.4% | -9.5% | ||
| Q1 24 | -13.8% | -15.2% |
| Q4 25 | — | $-0.02 | ||
| Q3 25 | — | $-0.03 | ||
| Q2 25 | — | $-0.06 | ||
| Q1 25 | — | $-0.21 | ||
| Q4 24 | — | $-0.06 | ||
| Q3 24 | — | $-0.05 | ||
| Q2 24 | — | $-0.02 | ||
| Q1 24 | — | $-0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $90.9M | $104.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $341.7M | $232.1M |
| Total Assets | $461.5M | $320.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $90.9M | $104.5M | ||
| Q3 25 | $93.3M | $100.0M | ||
| Q2 25 | $75.5M | $105.0M | ||
| Q1 25 | $95.3M | $125.6M | ||
| Q4 24 | $98.7M | $142.5M | ||
| Q3 24 | $162.3M | $163.4M | ||
| Q2 24 | $177.9M | $187.4M | ||
| Q1 24 | $168.8M | $204.7M |
| Q4 25 | $341.7M | $232.1M | ||
| Q3 25 | $378.6M | $234.4M | ||
| Q2 25 | $377.6M | $238.8M | ||
| Q1 25 | $379.6M | $250.7M | ||
| Q4 24 | $395.7M | $289.4M | ||
| Q3 24 | $385.5M | $305.1M | ||
| Q2 24 | $389.1M | $329.4M | ||
| Q1 24 | $392.6M | $333.1M |
| Q4 25 | $461.5M | $320.9M | ||
| Q3 25 | $494.9M | $335.8M | ||
| Q2 25 | $493.3M | $354.0M | ||
| Q1 25 | $482.6M | $366.1M | ||
| Q4 24 | $499.5M | $420.2M | ||
| Q3 24 | $491.2M | $448.6M | ||
| Q2 24 | $483.7M | $475.3M | ||
| Q1 24 | $492.1M | $485.5M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-771.0K | $7.7M |
| Free Cash FlowOCF − Capex | $-1.8M | $7.7M |
| FCF MarginFCF / Revenue | -2.9% | 21.0% |
| Capex IntensityCapex / Revenue | 1.6% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-8.8M | $-25.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-771.0K | $7.7M | ||
| Q3 25 | $-3.9M | $-2.1M | ||
| Q2 25 | $108.0K | $-14.9M | ||
| Q1 25 | $-125.0K | $-12.2M | ||
| Q4 24 | $2.0M | $-12.0M | ||
| Q3 24 | $13.2M | $-3.7M | ||
| Q2 24 | $6.2M | $-13.9M | ||
| Q1 24 | $4.0M | $-3.3M |
| Q4 25 | $-1.8M | $7.7M | ||
| Q3 25 | $-4.6M | $-2.2M | ||
| Q2 25 | $-1.5M | $-16.2M | ||
| Q1 25 | $-974.0K | $-14.3M | ||
| Q4 24 | $1.1M | $-13.3M | ||
| Q3 24 | $12.2M | $-3.9M | ||
| Q2 24 | $5.2M | $-14.1M | ||
| Q1 24 | $3.4M | $-3.4M |
| Q4 25 | -2.9% | 21.0% | ||
| Q3 25 | -8.7% | -6.1% | ||
| Q2 25 | -3.2% | -42.3% | ||
| Q1 25 | -2.3% | -34.7% | ||
| Q4 24 | 1.9% | -37.5% | ||
| Q3 24 | 23.7% | -9.7% | ||
| Q2 24 | 11.0% | -29.1% | ||
| Q1 24 | 7.6% | -6.7% |
| Q4 25 | 1.6% | 0.0% | ||
| Q3 25 | 1.3% | 0.2% | ||
| Q2 25 | 3.5% | 3.3% | ||
| Q1 25 | 2.0% | 5.3% | ||
| Q4 24 | 1.6% | 3.5% | ||
| Q3 24 | 2.0% | 0.6% | ||
| Q2 24 | 2.3% | 0.5% | ||
| Q1 24 | 1.3% | 0.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.21× | — | ||
| Q3 24 | 14.05× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CTKB
| Products | $46.6M | 75% |
| Services | $15.5M | 25% |
SMRT
| Hosted Services | $18.1M | 50% |
| Hardware Service | $12.5M | 34% |
| Smart Operations Solutions | $2.6M | 7% |
| Access Control | $2.0M | 5% |
| Other Smart Communities Solutions | $1.3M | 3% |
