vs

Side-by-side financial comparison of Digi Power X Inc. (DGXX) and LIGHTPATH TECHNOLOGIES INC (LPTH). Click either name above to swap in a different company.

Digi Power X Inc. is the larger business by last-quarter revenue ($24.2M vs $16.4M, roughly 1.5× LIGHTPATH TECHNOLOGIES INC). Digi Power X Inc. runs the higher net margin — 17.9% vs -57.5%, a 75.4% gap on every dollar of revenue.

X Development LLC, doing business as X, is an American semi-secret research and development facility and organization founded by Google in January 2010. X has its headquarters about a mile and a half from Google's corporate headquarters, the Googleplex, in Mountain View, California.

LightPath Technologies Inc designs, manufactures and distributes high-precision optical components and assemblies, including aspheric lenses, infrared optics, and fiber optic products. It serves global clients across industrial automation, aerospace, defense, medical imaging, and telecommunications sectors.

DGXX vs LPTH — Head-to-Head

Bigger by revenue
DGXX
DGXX
1.5× larger
DGXX
$24.2M
$16.4M
LPTH
Higher net margin
DGXX
DGXX
75.4% more per $
DGXX
17.9%
-57.5%
LPTH

Income Statement — Q4 FY2022 vs Q2 FY2026

Metric
DGXX
DGXX
LPTH
LPTH
Revenue
$24.2M
$16.4M
Net Profit
$4.3M
$-9.4M
Gross Margin
36.8%
Operating Margin
-116.7%
-52.6%
Net Margin
17.9%
-57.5%
Revenue YoY
120.2%
Net Profit YoY
-260.1%
EPS (diluted)
$0.16
$-0.20

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
DGXX
DGXX
LPTH
LPTH
Q4 25
$16.4M
Q3 25
$15.1M
Q2 25
$12.2M
Q1 25
$9.2M
Q4 24
$7.4M
Q3 24
$8.4M
Q2 24
$8.6M
Q1 24
$7.7M
Net Profit
DGXX
DGXX
LPTH
LPTH
Q4 25
$-9.4M
Q3 25
$-2.9M
Q2 25
$-7.1M
Q1 25
$-3.6M
Q4 24
$-2.6M
Q3 24
$-1.6M
Q2 24
$-2.4M
Q1 24
$-2.6M
Gross Margin
DGXX
DGXX
LPTH
LPTH
Q4 25
36.8%
Q3 25
29.8%
Q2 25
22.0%
Q1 25
29.1%
Q4 24
26.0%
Q3 24
33.9%
Q2 24
29.2%
Q1 24
20.9%
Operating Margin
DGXX
DGXX
LPTH
LPTH
Q4 25
-52.6%
Q3 25
-16.6%
Q2 25
-38.0%
Q1 25
-36.3%
Q4 24
-33.5%
Q3 24
-16.4%
Q2 24
-25.6%
Q1 24
-33.6%
Net Margin
DGXX
DGXX
LPTH
LPTH
Q4 25
-57.5%
Q3 25
-19.2%
Q2 25
-57.8%
Q1 25
-39.1%
Q4 24
-35.2%
Q3 24
-19.3%
Q2 24
-27.3%
Q1 24
-33.7%
EPS (diluted)
DGXX
DGXX
LPTH
LPTH
Q4 25
$-0.20
Q3 25
$-0.07
Q2 25
$0.19
Q1 25
$-0.44
Q4 24
$-0.07
Q3 24
$-0.04
Q2 24
$-0.15
Q1 24
$-0.07

Balance Sheet & Financial Strength

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

Metric
DGXX
DGXX
LPTH
LPTH
Cash + ST InvestmentsLiquidity on hand
$1.9M
$73.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$47.2M
$77.9M
Total Assets
$52.6M
$148.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DGXX
DGXX
LPTH
LPTH
Q4 25
$73.6M
Q3 25
Q2 25
$4.9M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Total Debt
DGXX
DGXX
LPTH
LPTH
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$535.0K
Q1 24
$599.4K
Stockholders' Equity
DGXX
DGXX
LPTH
LPTH
Q4 25
$77.9M
Q3 25
$21.4M
Q2 25
$15.6M
Q1 25
$15.7M
Q4 24
$26.7M
Q3 24
$29.4M
Q2 24
$30.2M
Q1 24
$31.7M
Total Assets
DGXX
DGXX
LPTH
LPTH
Q4 25
$148.6M
Q3 25
$87.3M
Q2 25
$81.5M
Q1 25
$81.4M
Q4 24
$45.8M
Q3 24
$48.4M
Q2 24
$48.1M
Q1 24
$49.7M
Debt / Equity
DGXX
DGXX
LPTH
LPTH
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.02×
Q1 24
0.02×

Cash Flow & Capital Efficiency

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

Metric
DGXX
DGXX
LPTH
LPTH
Operating Cash FlowLast quarter
$-15.5M
$2.8M
Free Cash FlowOCF − Capex
$2.0M
FCF MarginFCF / Revenue
12.0%
Capex IntensityCapex / Revenue
5.3%
Cash ConversionOCF / Net Profit
-3.58×
TTM Free Cash FlowTrailing 4 quarters
$-6.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DGXX
DGXX
LPTH
LPTH
Q4 25
$2.8M
Q3 25
$-1.1M
Q2 25
$-2.6M
Q1 25
$-3.2M
Q4 24
$-737.4K
Q3 24
$-1.7M
Q2 24
$64.7K
Q1 24
$-394.2K
Free Cash Flow
DGXX
DGXX
LPTH
LPTH
Q4 25
$2.0M
Q3 25
$-1.2M
Q2 25
$-3.3M
Q1 25
$-3.7M
Q4 24
$-817.8K
Q3 24
$-1.8M
Q2 24
$-225.5K
Q1 24
$-802.5K
FCF Margin
DGXX
DGXX
LPTH
LPTH
Q4 25
12.0%
Q3 25
-8.1%
Q2 25
-27.3%
Q1 25
-40.0%
Q4 24
-11.0%
Q3 24
-21.2%
Q2 24
-2.6%
Q1 24
-10.4%
Capex Intensity
DGXX
DGXX
LPTH
LPTH
Q4 25
5.3%
Q3 25
0.5%
Q2 25
5.6%
Q1 25
4.6%
Q4 24
1.1%
Q3 24
0.9%
Q2 24
3.4%
Q1 24
5.3%

Financial Flow Comparison

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

Revenue Breakdown by Segment

DGXX
DGXX

Segment breakdown not available.

LPTH
LPTH

Other$7.9M48%
Infrared Components$5.0M31%
Visible Components$3.4M21%

Related Comparisons