vs

Side-by-side financial comparison of Ellington Financial Inc. (EFC) and GLAUKOS Corp (GKOS). Click either name above to swap in a different company.

GLAUKOS Corp is the larger business by last-quarter revenue ($150.6M vs $78.2M, roughly 1.9× Ellington Financial Inc.). Ellington Financial Inc. runs the higher net margin — 28.9% vs 6.2%, a 22.7% gap on every dollar of revenue. On growth, GLAUKOS Corp posted the faster year-over-year revenue change (41.2% vs 8.7%). Over the past eight quarters, GLAUKOS Corp's revenue compounded faster (25.4% CAGR vs 1.8%).

Ellington Management Group is an American hedge fund firm. As of June 2019, the firm was reportedly managing $8.5 billion in structured products and other credit instruments.

Glaukos Corp is a medical technology company focused on ophthalmology, developing and commercializing minimally invasive surgical devices, prescription pharmaceuticals and consumer products for glaucoma, corneal diseases and other eye disorders. It operates primarily across North America, Europe and Asia Pacific, serving hospitals, ophthalmology clinics and patients worldwide.

EFC vs GKOS — Head-to-Head

Bigger by revenue
GKOS
GKOS
1.9× larger
GKOS
$150.6M
$78.2M
EFC
Growing faster (revenue YoY)
GKOS
GKOS
+32.5% gap
GKOS
41.2%
8.7%
EFC
Higher net margin
EFC
EFC
22.7% more per $
EFC
28.9%
6.2%
GKOS
Faster 2-yr revenue CAGR
GKOS
GKOS
Annualised
GKOS
25.4%
1.8%
EFC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EFC
EFC
GKOS
GKOS
Revenue
$78.2M
$150.6M
Net Profit
$22.6M
$9.4M
Gross Margin
77.9%
Operating Margin
7.4%
9.0%
Net Margin
28.9%
6.2%
Revenue YoY
8.7%
41.2%
Net Profit YoY
-26.2%
EPS (diluted)
$0.10

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
EFC
EFC
GKOS
GKOS
Q1 26
$150.6M
Q4 25
$78.2M
$143.1M
Q3 25
$82.8M
$133.5M
Q2 25
$92.5M
$124.1M
Q1 25
$82.9M
$106.7M
Q4 24
$72.0M
$105.5M
Q3 24
$67.0M
$96.7M
Q2 24
$91.2M
$95.7M
Net Profit
EFC
EFC
GKOS
GKOS
Q1 26
$9.4M
Q4 25
$22.6M
$-133.7M
Q3 25
$29.5M
$-16.2M
Q2 25
$42.9M
$-19.7M
Q1 25
$31.6M
$-18.1M
Q4 24
$30.7M
$-33.6M
Q3 24
$16.2M
$-21.4M
Q2 24
$52.3M
$-50.5M
Gross Margin
EFC
EFC
GKOS
GKOS
Q1 26
77.9%
Q4 25
-1.1%
Q3 25
78.4%
Q2 25
78.3%
Q1 25
77.2%
Q4 24
72.9%
Q3 24
76.6%
Q2 24
76.4%
Operating Margin
EFC
EFC
GKOS
GKOS
Q1 26
9.0%
Q4 25
7.4%
-97.7%
Q3 25
31.1%
-12.3%
Q2 25
38.3%
-18.3%
Q1 25
37.3%
-19.4%
Q4 24
28.0%
-27.2%
Q3 24
24.0%
-25.5%
Q2 24
52.8%
-31.3%
Net Margin
EFC
EFC
GKOS
GKOS
Q1 26
6.2%
Q4 25
28.9%
-93.4%
Q3 25
35.7%
-12.2%
Q2 25
46.4%
-15.8%
Q1 25
38.2%
-17.0%
Q4 24
42.6%
-31.8%
Q3 24
24.1%
-22.1%
Q2 24
57.4%
-52.8%
EPS (diluted)
EFC
EFC
GKOS
GKOS
Q1 26
Q4 25
$0.10
$-2.34
Q3 25
$0.29
$-0.28
Q2 25
$0.45
$-0.34
Q1 25
$0.35
$-0.32
Q4 24
$0.23
$-0.56
Q3 24
$0.19
$-0.39
Q2 24
$0.62
$-1.00

Balance Sheet & Financial Strength

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

Metric
EFC
EFC
GKOS
GKOS
Cash + ST InvestmentsLiquidity on hand
$201.9M
$276.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.8B
$670.9M
Total Assets
$19.4B
$893.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EFC
EFC
GKOS
GKOS
Q1 26
$276.7M
Q4 25
$201.9M
$90.8M
Q3 25
$184.8M
$98.2M
Q2 25
$211.0M
$100.8M
Q1 25
$203.3M
$114.3M
Q4 24
$192.4M
$169.6M
Q3 24
$217.7M
$100.1M
Q2 24
$198.5M
$68.1M
Stockholders' Equity
EFC
EFC
GKOS
GKOS
Q1 26
$670.9M
Q4 25
$1.8B
$656.2M
Q3 25
$1.8B
$769.5M
Q2 25
$1.7B
$765.1M
Q1 25
$1.6B
$764.0M
Q4 24
$1.6B
$766.9M
Q3 24
$1.6B
$668.5M
Q2 24
$1.6B
$665.2M
Total Assets
EFC
EFC
GKOS
GKOS
Q1 26
$893.3M
Q4 25
$19.4B
$893.5M
Q3 25
$17.8B
$999.4M
Q2 25
$17.1B
$987.0M
Q1 25
$16.6B
$966.2M
Q4 24
$16.3B
$974.8M
Q3 24
$16.0B
$926.5M
Q2 24
$15.1B
$919.7M

Cash Flow & Capital Efficiency

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

Metric
EFC
EFC
GKOS
GKOS
Operating Cash FlowLast quarter
$-925.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
-40.92×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EFC
EFC
GKOS
GKOS
Q1 26
Q4 25
$-925.5M
$6.8M
Q3 25
$-290.4M
$-10.1M
Q2 25
$-210.5M
$7.0M
Q1 25
$-126.4M
$-18.5M
Q4 24
$-430.5M
$507.0K
Q3 24
$-141.7M
$-9.6M
Q2 24
$-88.6M
$-18.4M
Free Cash Flow
EFC
EFC
GKOS
GKOS
Q1 26
Q4 25
$3.9M
Q3 25
$-11.7M
Q2 25
$5.8M
Q1 25
$-20.5M
Q4 24
$-1.2M
Q3 24
$-11.0M
Q2 24
$-20.5M
FCF Margin
EFC
EFC
GKOS
GKOS
Q1 26
Q4 25
2.7%
Q3 25
-8.8%
Q2 25
4.7%
Q1 25
-19.2%
Q4 24
-1.2%
Q3 24
-11.4%
Q2 24
-21.4%
Capex Intensity
EFC
EFC
GKOS
GKOS
Q1 26
Q4 25
0.0%
2.0%
Q3 25
1.2%
Q2 25
0.9%
Q1 25
1.8%
Q4 24
0.0%
1.6%
Q3 24
0.0%
1.5%
Q2 24
0.0%
2.2%
Cash Conversion
EFC
EFC
GKOS
GKOS
Q1 26
Q4 25
-40.92×
Q3 25
-9.84×
Q2 25
-4.90×
Q1 25
-3.99×
Q4 24
-14.04×
Q3 24
-8.76×
Q2 24
-1.69×

Financial Flow Comparison

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

Related Comparisons