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Side-by-side financial comparison of Ginkgo Bioworks Holdings, Inc. (DNA) and VIRCO MFG CORPORATION (VIRC). Click either name above to swap in a different company.

VIRCO MFG CORPORATION is the larger business by last-quarter revenue ($47.6M vs $33.4M, roughly 1.4× Ginkgo Bioworks Holdings, Inc.). On growth, Ginkgo Bioworks Holdings, Inc. posted the faster year-over-year revenue change (-23.8% vs -42.3%). VIRCO MFG CORPORATION produced more free cash flow last quarter ($24.5M vs $-47.7M). Over the past eight quarters, VIRCO MFG CORPORATION's revenue compounded faster (5.7% CAGR vs -6.2%).

Ginkgo Bioworks Holdings, Inc. is an American biotech company founded in 2008 by five scientists from MIT, headed by Jason Kelly. The company specializes in using genetic engineering to produce bacteria with industrial applications for other biotech companies, saving other companies the cost of reproducing the initial stages of design in synthetic biology. The self-proclaimed "Organism Company" was one of the world's largest privately held biotech companies, valued at $4.2 billion in 2019. It...

The Virco Manufacturing Corporation, more commonly known as Virco, is an American furniture manufacturer based in Torrance, California which focuses on providing products for educational markets. The principal products of the company include student desks and activity tables, school and office seating, computer stations, lightweight folding tables, and upholstered chairs.

DNA vs VIRC — Head-to-Head

Bigger by revenue
VIRC
VIRC
1.4× larger
VIRC
$47.6M
$33.4M
DNA
Growing faster (revenue YoY)
DNA
DNA
+18.5% gap
DNA
-23.8%
-42.3%
VIRC
More free cash flow
VIRC
VIRC
$72.2M more FCF
VIRC
$24.5M
$-47.7M
DNA
Faster 2-yr revenue CAGR
VIRC
VIRC
Annualised
VIRC
5.7%
-6.2%
DNA

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
DNA
DNA
VIRC
VIRC
Revenue
$33.4M
$47.6M
Net Profit
$-1.3M
Gross Margin
38.0%
Operating Margin
-211.9%
-3.6%
Net Margin
-2.8%
Revenue YoY
-23.8%
-42.3%
Net Profit YoY
-115.8%
EPS (diluted)
$-1.41
$-0.08

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
DNA
DNA
VIRC
VIRC
Q4 25
$33.4M
$47.6M
Q3 25
$38.8M
$92.1M
Q2 25
$49.6M
$33.8M
Q1 25
$48.3M
$28.5M
Q4 24
$43.8M
$82.6M
Q3 24
$89.0M
$108.4M
Q2 24
$56.2M
$46.7M
Q1 24
$37.9M
$42.6M
Net Profit
DNA
DNA
VIRC
VIRC
Q4 25
$-1.3M
Q3 25
$-80.8M
$10.2M
Q2 25
$-60.3M
$732.0K
Q1 25
$-91.0M
$-5.7M
Q4 24
$8.4M
Q3 24
$-56.4M
$16.8M
Q2 24
$-217.2M
$2.1M
Q1 24
$-165.9M
$-2.3M
Gross Margin
DNA
DNA
VIRC
VIRC
Q4 25
38.0%
Q3 25
44.4%
Q2 25
47.5%
Q1 25
26.2%
Q4 24
44.4%
Q3 24
46.3%
Q2 24
43.5%
Q1 24
37.7%
Operating Margin
DNA
DNA
VIRC
VIRC
Q4 25
-211.9%
-3.6%
Q3 25
-231.8%
16.7%
Q2 25
-132.1%
-0.3%
Q1 25
-184.1%
-28.5%
Q4 24
-236.3%
13.5%
Q3 24
-62.0%
20.2%
Q2 24
-396.7%
6.4%
Q1 24
-469.1%
-6.5%
Net Margin
DNA
DNA
VIRC
VIRC
Q4 25
-2.8%
Q3 25
-207.9%
11.1%
Q2 25
-121.6%
2.2%
Q1 25
-188.2%
-20.1%
Q4 24
10.2%
Q3 24
-63.3%
15.5%
Q2 24
-386.4%
4.6%
Q1 24
-437.3%
-5.5%
EPS (diluted)
DNA
DNA
VIRC
VIRC
Q4 25
$-1.41
$-0.08
Q3 25
$-1.45
$0.65
Q2 25
$-1.10
$0.05
Q1 25
$-1.68
$-0.37
Q4 24
$-1.91
$0.52
Q3 24
$-1.08
$1.04
Q2 24
$-4.23
$0.13
Q1 24
$-3.32
$-0.14

Balance Sheet & Financial Strength

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

Metric
DNA
DNA
VIRC
VIRC
Cash + ST InvestmentsLiquidity on hand
$422.6M
Total DebtLower is stronger
$3.9M
Stockholders' EquityBook value
$508.6M
$113.6M
Total Assets
$1.1B
$181.5M
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DNA
DNA
VIRC
VIRC
Q4 25
$422.6M
Q3 25
$495.5M
Q2 25
$559.4M
Q1 25
$325.3M
Q4 24
$561.6M
Q3 24
$616.2M
Q2 24
$730.4M
Q1 24
$840.4M
$5.3M
Total Debt
DNA
DNA
VIRC
VIRC
Q4 25
$3.9M
Q3 25
$4.0M
Q2 25
$4.1M
Q1 25
$4.1M
Q4 24
$4.2M
Q3 24
$4.3M
Q2 24
$7.0M
Q1 24
$4.4M
Stockholders' Equity
DNA
DNA
VIRC
VIRC
Q4 25
$508.6M
$113.6M
Q3 25
$559.8M
$115.4M
Q2 25
$613.0M
$105.6M
Q1 25
$647.4M
$109.3M
Q4 24
$716.1M
$115.9M
Q3 24
$797.9M
$107.8M
Q2 24
$833.1M
$91.6M
Q1 24
$987.3M
$91.2M
Total Assets
DNA
DNA
VIRC
VIRC
Q4 25
$1.1B
$181.5M
Q3 25
$1.2B
$198.6M
Q2 25
$1.2B
$183.8M
Q1 25
$1.3B
$191.9M
Q4 24
$1.4B
$210.1M
Q3 24
$1.5B
$216.3M
Q2 24
$1.6B
$152.5M
Q1 24
$1.6B
$146.4M
Debt / Equity
DNA
DNA
VIRC
VIRC
Q4 25
0.03×
Q3 25
0.03×
Q2 25
0.04×
Q1 25
0.04×
Q4 24
0.04×
Q3 24
0.04×
Q2 24
0.08×
Q1 24
0.05×

Cash Flow & Capital Efficiency

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

Metric
DNA
DNA
VIRC
VIRC
Operating Cash FlowLast quarter
$-47.7M
$25.8M
Free Cash FlowOCF − Capex
$-47.7M
$24.5M
FCF MarginFCF / Revenue
-142.8%
51.5%
Capex IntensityCapex / Revenue
0.0%
2.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-4.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DNA
DNA
VIRC
VIRC
Q4 25
$-47.7M
$25.8M
Q3 25
$-31.6M
$3.2M
Q2 25
$-40.3M
$-19.0M
Q1 25
$-51.5M
$-8.3M
Q4 24
$-42.4M
$33.5M
Q3 24
$-103.5M
$12.5M
Q2 24
$-84.4M
$-4.5M
Q1 24
$-89.3M
$4.7M
Free Cash Flow
DNA
DNA
VIRC
VIRC
Q4 25
$-47.7M
$24.5M
Q3 25
$1.8M
Q2 25
$-40.3M
$-21.5M
Q1 25
$-59.1M
$-9.2M
Q4 24
$-56.1M
$31.0M
Q3 24
$-118.6M
$10.7M
Q2 24
$-111.4M
$-5.6M
Q1 24
$-96.0M
$4.0M
FCF Margin
DNA
DNA
VIRC
VIRC
Q4 25
-142.8%
51.5%
Q3 25
2.0%
Q2 25
-81.2%
-63.6%
Q1 25
-122.4%
-32.4%
Q4 24
-128.0%
37.5%
Q3 24
-133.2%
9.8%
Q2 24
-198.2%
-12.0%
Q1 24
-252.9%
9.5%
Capex Intensity
DNA
DNA
VIRC
VIRC
Q4 25
0.0%
2.7%
Q3 25
0.0%
1.5%
Q2 25
0.1%
7.2%
Q1 25
15.8%
3.3%
Q4 24
31.3%
3.0%
Q3 24
16.9%
1.7%
Q2 24
48.1%
2.3%
Q1 24
17.7%
1.5%
Cash Conversion
DNA
DNA
VIRC
VIRC
Q4 25
Q3 25
0.31×
Q2 25
-26.00×
Q1 25
Q4 24
3.98×
Q3 24
0.74×
Q2 24
-2.11×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

DNA
DNA

Cell Engineering Segment$26.0M78%
Other$7.4M22%

VIRC
VIRC

Segment breakdown not available.

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