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Side-by-side financial comparison of Journey Medical Corp (DERM) and Laird Superfood, Inc. (LSF). Click either name above to swap in a different company.

Journey Medical Corp is the larger business by last-quarter revenue ($16.1M vs $13.3M, roughly 1.2× Laird Superfood, Inc.). Journey Medical Corp runs the higher net margin — -7.8% vs -13.2%, a 5.4% gap on every dollar of revenue. On growth, Journey Medical Corp posted the faster year-over-year revenue change (27.3% vs 15.0%). Over the past eight quarters, Laird Superfood, Inc.'s revenue compounded faster (16.1% CAGR vs 11.0%).

Journey Medical Corp is a commercial-stage biopharmaceutical company specializing in dermatology treatments. It develops, manufactures and markets prescription and over-the-counter products addressing acne, atopic dermatitis, fungal skin infections and other dermal conditions, primarily serving healthcare providers and patients across the United States.

Laird Superfood, Inc. develops, manufactures and sells a portfolio of plant-based functional superfood products, including premium coffee creamers, hydration blends, nutritional supplements, and plant-powered snacks. It serves health-conscious consumers through direct-to-consumer e-commerce platforms and offline retail partners, mainly operating in the North American market with a focus on sustainably sourced clean ingredients.

DERM vs LSF — Head-to-Head

Bigger by revenue
DERM
DERM
1.2× larger
DERM
$16.1M
$13.3M
LSF
Growing faster (revenue YoY)
DERM
DERM
+12.3% gap
DERM
27.3%
15.0%
LSF
Higher net margin
DERM
DERM
5.4% more per $
DERM
-7.8%
-13.2%
LSF
Faster 2-yr revenue CAGR
LSF
LSF
Annualised
LSF
16.1%
11.0%
DERM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DERM
DERM
LSF
LSF
Revenue
$16.1M
$13.3M
Net Profit
$-1.2M
$-1.8M
Gross Margin
34.1%
Operating Margin
-2.8%
-13.5%
Net Margin
-7.8%
-13.2%
Revenue YoY
27.3%
15.0%
Net Profit YoY
-182.0%
-341.4%
EPS (diluted)
$-0.04

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
DERM
DERM
LSF
LSF
Q4 25
$16.1M
$13.3M
Q3 25
$17.0M
$12.9M
Q2 25
$15.0M
$12.0M
Q1 25
$13.1M
$11.7M
Q4 24
$12.6M
$11.6M
Q3 24
$14.6M
$11.8M
Q2 24
$14.9M
$10.0M
Q1 24
$13.0M
$9.9M
Net Profit
DERM
DERM
LSF
LSF
Q4 25
$-1.2M
$-1.8M
Q3 25
$-2.3M
$-975.1K
Q2 25
$-3.8M
$-362.2K
Q1 25
$-4.1M
$-156.2K
Q4 24
$1.5M
$-398.4K
Q3 24
$-2.4M
$-166.1K
Q2 24
$-3.4M
$-239.1K
Q1 24
$-10.4M
$-1.0M
Gross Margin
DERM
DERM
LSF
LSF
Q4 25
34.1%
Q3 25
36.5%
Q2 25
39.9%
Q1 25
41.9%
Q4 24
82.3%
38.6%
Q3 24
63.9%
43.0%
Q2 24
56.0%
41.8%
Q1 24
47.7%
40.0%
Operating Margin
DERM
DERM
LSF
LSF
Q4 25
-2.8%
-13.5%
Q3 25
-9.0%
-7.7%
Q2 25
-19.2%
-3.3%
Q1 25
-25.3%
-1.9%
Q4 24
17.7%
-4.1%
Q3 24
-19.8%
-2.3%
Q2 24
-19.7%
-3.4%
Q1 24
-77.4%
-11.0%
Net Margin
DERM
DERM
LSF
LSF
Q4 25
-7.8%
-13.2%
Q3 25
-13.6%
-7.6%
Q2 25
-25.3%
-3.0%
Q1 25
-31.0%
-1.3%
Q4 24
12.1%
-3.4%
Q3 24
-16.3%
-1.4%
Q2 24
-22.6%
-2.4%
Q1 24
-80.1%
-10.3%
EPS (diluted)
DERM
DERM
LSF
LSF
Q4 25
$-0.04
Q3 25
$-0.09
Q2 25
$-0.16
Q1 25
$-0.18
Q4 24
$0.10
Q3 24
$-0.12
Q2 24
$-0.17
Q1 24
$-0.53

Balance Sheet & Financial Strength

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

Metric
DERM
DERM
LSF
LSF
Cash + ST InvestmentsLiquidity on hand
$24.1M
$5.1M
Total DebtLower is stronger
$25.3M
Stockholders' EquityBook value
$31.9M
$11.5M
Total Assets
$94.6M
$19.2M
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DERM
DERM
LSF
LSF
Q4 25
$24.1M
$5.1M
Q3 25
$24.9M
$5.1M
Q2 25
$20.3M
$3.9M
Q1 25
$21.1M
$7.0M
Q4 24
$20.3M
$8.3M
Q3 24
$22.5M
$7.9M
Q2 24
$23.9M
$7.6M
Q1 24
$24.1M
$7.1M
Total Debt
DERM
DERM
LSF
LSF
Q4 25
$25.3M
Q3 25
$25.2M
Q2 25
$25.1M
Q1 25
$25.0M
Q4 24
$24.9M
Q3 24
$19.8M
Q2 24
$19.7M
Q1 24
$14.7M
Stockholders' Equity
DERM
DERM
LSF
LSF
Q4 25
$31.9M
$11.5M
Q3 25
$25.9M
$12.8M
Q2 25
$19.2M
$13.4M
Q1 25
$21.5M
$13.3M
Q4 24
$20.1M
$13.2M
Q3 24
$10.9M
$13.1M
Q2 24
$11.3M
$12.6M
Q1 24
$13.0M
$12.7M
Total Assets
DERM
DERM
LSF
LSF
Q4 25
$94.6M
$19.2M
Q3 25
$85.2M
$18.9M
Q2 25
$81.2M
$20.4M
Q1 25
$85.0M
$21.5M
Q4 24
$80.2M
$19.3M
Q3 24
$64.0M
$18.8M
Q2 24
$65.2M
$18.0M
Q1 24
$66.6M
$17.6M
Debt / Equity
DERM
DERM
LSF
LSF
Q4 25
0.79×
Q3 25
0.97×
Q2 25
1.30×
Q1 25
1.16×
Q4 24
1.24×
Q3 24
1.81×
Q2 24
1.75×
Q1 24
1.13×

Cash Flow & Capital Efficiency

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

Metric
DERM
DERM
LSF
LSF
Operating Cash FlowLast quarter
$-6.3M
$68.4K
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
DERM
DERM
LSF
LSF
Q4 25
$-6.3M
$68.4K
Q3 25
$-2.4M
$1.2M
Q2 25
$-942.0K
$-2.8M
Q1 25
$-2.8M
$-1.3M
Q4 24
$2.2M
$339.2K
Q3 24
$-1.2M
$305.8K
Q2 24
$-5.2M
$642.7K
Q1 24
$-5.0M
$-422.3K
Cash Conversion
DERM
DERM
LSF
LSF
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
1.46×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

DERM
DERM

Qbrexza$5.5M35%
Emrosi$5.0M31%
Accutane$3.1M19%
Other$2.5M15%

LSF
LSF

Wholesale$7.0M52%
Coffee Tea And Hot Chocolate Products$4.4M33%
Hydration And Beverage Enhancing Supplements$1.6M12%
Other$352.6K3%

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