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Side-by-side financial comparison of Cycurion, Inc. (CYCU) and Scilex Holding Co (SCLX). Click either name above to swap in a different company.

Scilex Holding Co is the larger business by last-quarter revenue ($4.8M vs $3.5M, roughly 1.4× Cycurion, Inc.). Cycurion, Inc. runs the higher net margin — -141.2% vs -961.9%, a 820.7% gap on every dollar of revenue. On growth, Cycurion, Inc. posted the faster year-over-year revenue change (-13.1% vs -67.8%). Over the past eight quarters, Cycurion, Inc.'s revenue compounded faster (-8.6% CAGR vs -33.6%).

Scilex Holding Co is a commercial-stage biopharmaceutical firm focused on developing and commercializing innovative non-opioid pain management therapies for acute and chronic pain segments. It primarily serves the US market, offering prescription and over-the-counter pain relief solutions for patients and healthcare providers.

CYCU vs SCLX — Head-to-Head

Bigger by revenue
SCLX
SCLX
1.4× larger
SCLX
$4.8M
$3.5M
CYCU
Growing faster (revenue YoY)
CYCU
CYCU
+54.7% gap
CYCU
-13.1%
-67.8%
SCLX
Higher net margin
CYCU
CYCU
820.7% more per $
CYCU
-141.2%
-961.9%
SCLX
Faster 2-yr revenue CAGR
CYCU
CYCU
Annualised
CYCU
-8.6%
-33.6%
SCLX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CYCU
CYCU
SCLX
SCLX
Revenue
$3.5M
$4.8M
Net Profit
$-5.0M
$-46.1M
Gross Margin
12.1%
45.5%
Operating Margin
-141.7%
-2317.8%
Net Margin
-141.2%
-961.9%
Revenue YoY
-13.1%
-67.8%
Net Profit YoY
-546.8%
-613.7%
EPS (diluted)
$-11.09
$-4.63

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
CYCU
CYCU
SCLX
SCLX
Q4 25
$3.5M
$4.8M
Q3 25
$3.8M
$10.6M
Q2 25
$3.9M
$9.9M
Q1 25
$3.9M
$5.0M
Q4 24
$4.1M
$14.9M
Q3 24
$4.5M
$14.4M
Q2 24
$5.0M
$16.4M
Q1 24
$4.2M
$10.9M
Net Profit
CYCU
CYCU
SCLX
SCLX
Q4 25
$-5.0M
$-46.1M
Q3 25
$-3.1M
$-257.8M
Q2 25
$-5.3M
$-44.0M
Q1 25
$-10.2M
$-26.1M
Q4 24
$1.1M
$-6.5M
Q3 24
$116.1K
$-4.4M
Q2 24
$306.1K
$-37.6M
Q1 24
$-312.5K
$-24.4M
Gross Margin
CYCU
CYCU
SCLX
SCLX
Q4 25
12.1%
45.5%
Q3 25
7.1%
68.5%
Q2 25
6.1%
66.9%
Q1 25
17.5%
72.3%
Q4 24
37.9%
68.5%
Q3 24
16.1%
73.9%
Q2 24
20.5%
73.2%
Q1 24
8.2%
64.7%
Operating Margin
CYCU
CYCU
SCLX
SCLX
Q4 25
-141.7%
-2317.8%
Q3 25
-118.2%
-1766.2%
Q2 25
-96.9%
-207.2%
Q1 25
-260.9%
-557.5%
Q4 24
31.9%
-190.5%
Q3 24
9.4%
-138.0%
Q2 24
14.6%
-95.4%
Q1 24
-0.8%
-179.0%
Net Margin
CYCU
CYCU
SCLX
SCLX
Q4 25
-141.2%
-961.9%
Q3 25
-81.5%
-2441.5%
Q2 25
-136.1%
-445.1%
Q1 25
-264.8%
-521.2%
Q4 24
27.5%
-43.4%
Q3 24
2.6%
-30.4%
Q2 24
6.1%
-229.6%
Q1 24
-7.4%
-224.0%
EPS (diluted)
CYCU
CYCU
SCLX
SCLX
Q4 25
$-11.09
$-4.63
Q3 25
$-1.59
$-22.17
Q2 25
$-0.15
$-7.42
Q1 25
$-0.56
$-2.26
Q4 24
$1.56
$8.53
Q3 24
$0.11
$-0.58
Q2 24
$0.01
$-7.67
Q1 24
$-0.02
$-8.33

Balance Sheet & Financial Strength

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

Metric
CYCU
CYCU
SCLX
SCLX
Cash + ST InvestmentsLiquidity on hand
$5.3M
$5.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$20.1M
$-207.8M
Total Assets
$33.5M
$365.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CYCU
CYCU
SCLX
SCLX
Q4 25
$5.3M
$5.0M
Q3 25
$3.7M
$878.0K
Q2 25
$1.0M
$4.1M
Q1 25
$5.8M
Q4 24
$38.7K
$3.3M
Q3 24
$77.0K
Q2 24
$6.9M
Q1 24
$1.8M
Stockholders' Equity
CYCU
CYCU
SCLX
SCLX
Q4 25
$20.1M
$-207.8M
Q3 25
$19.1M
$-176.9M
Q2 25
$14.0M
$-249.0M
Q1 25
$12.9M
$-211.5M
Q4 24
$3.5M
$-192.6M
Q3 24
$-3.7M
$-211.3M
Q2 24
$-3.4M
$-214.7M
Q1 24
$-2.8M
$-189.8M
Total Assets
CYCU
CYCU
SCLX
SCLX
Q4 25
$33.5M
$365.0M
Q3 25
$32.3M
$275.9M
Q2 25
$30.7M
$83.8M
Q1 25
$31.5M
$79.0M
Q4 24
$25.6M
$93.0M
Q3 24
$2.9M
$100.4M
Q2 24
$2.7M
$104.5M
Q1 24
$3.1M
$91.2M

Cash Flow & Capital Efficiency

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

Metric
CYCU
CYCU
SCLX
SCLX
Operating Cash FlowLast quarter
$-3.3M
$-17.5M
Free Cash FlowOCF − Capex
$-3.5M
FCF MarginFCF / Revenue
-98.8%
Capex IntensityCapex / Revenue
5.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-12.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CYCU
CYCU
SCLX
SCLX
Q4 25
$-3.3M
$-17.5M
Q3 25
$-2.5M
$8.2M
Q2 25
$-3.6M
$7.0M
Q1 25
$-2.7M
$6.0M
Q4 24
$-205.7K
$2.5M
Q3 24
$-315.2K
$5.1M
Q2 24
$-578.0K
$2.3M
Q1 24
$-272.4K
$9.4M
Free Cash Flow
CYCU
CYCU
SCLX
SCLX
Q4 25
$-3.5M
Q3 25
$-2.6M
Q2 25
$-3.7M
Q1 25
$-2.8M
Q4 24
$-310.7K
Q3 24
$-420.2K
Q2 24
$-711.0K
Q1 24
$-377.4K
FCF Margin
CYCU
CYCU
SCLX
SCLX
Q4 25
-98.8%
Q3 25
-66.9%
Q2 25
-94.2%
Q1 25
-72.7%
Q4 24
-7.6%
Q3 24
-9.4%
Q2 24
-14.2%
Q1 24
-8.9%
Capex Intensity
CYCU
CYCU
SCLX
SCLX
Q4 25
5.3%
Q3 25
2.5%
Q2 25
2.7%
Q1 25
1.8%
Q4 24
2.6%
Q3 24
2.4%
0.0%
Q2 24
2.7%
Q1 24
2.5%
Cash Conversion
CYCU
CYCU
SCLX
SCLX
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-0.18×
Q3 24
-2.71×
Q2 24
-1.89×
Q1 24

Financial Flow Comparison

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

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