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Side-by-side financial comparison of Sunrise New Energy Co., Ltd. (EPOW) and LIGHTPATH TECHNOLOGIES INC (LPTH). Click either name above to swap in a different company.

Sunrise New Energy Co., Ltd. is the larger business by last-quarter revenue ($22.3M vs $16.4M, roughly 1.4× LIGHTPATH TECHNOLOGIES INC). Sunrise New Energy Co., Ltd. runs the higher net margin — -27.1% vs -57.5%, a 30.4% gap on every dollar of revenue. On growth, LIGHTPATH TECHNOLOGIES INC posted the faster year-over-year revenue change (120.2% vs 0.0%).

Husky Energy Inc. was a Canadian petroleum company that existed from 1938 to 2021. It operated in Western and Atlantic Canada, the United States and the Asia Pacific region, with upstream and downstream business segments. In the 2020 Forbes Global 2000, Husky Energy was ranked as the 1443rd-largest public company in the world.

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.

EPOW vs LPTH — Head-to-Head

Bigger by revenue
EPOW
EPOW
1.4× larger
EPOW
$22.3M
$16.4M
LPTH
Growing faster (revenue YoY)
LPTH
LPTH
+120.2% gap
LPTH
120.2%
0.0%
EPOW
Higher net margin
EPOW
EPOW
30.4% more per $
EPOW
-27.1%
-57.5%
LPTH

Income Statement — Q2 FY2025 vs Q2 FY2026

Metric
EPOW
EPOW
LPTH
LPTH
Revenue
$22.3M
$16.4M
Net Profit
$-6.0M
$-9.4M
Gross Margin
0.1%
36.8%
Operating Margin
-24.3%
-52.6%
Net Margin
-27.1%
-57.5%
Revenue YoY
0.0%
120.2%
Net Profit YoY
-35.7%
-260.1%
EPS (diluted)
$-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
EPOW
EPOW
LPTH
LPTH
Q4 25
$16.4M
Q3 25
$15.1M
Q2 25
$22.3M
$12.2M
Q1 25
$9.2M
Q4 24
$7.4M
Q3 24
$8.4M
Q2 24
$22.3M
$8.6M
Q1 24
$7.7M
Net Profit
EPOW
EPOW
LPTH
LPTH
Q4 25
$-9.4M
Q3 25
$-2.9M
Q2 25
$-6.0M
$-7.1M
Q1 25
$-3.6M
Q4 24
$-2.6M
Q3 24
$-1.6M
Q2 24
$-4.5M
$-2.4M
Q1 24
$-2.6M
Gross Margin
EPOW
EPOW
LPTH
LPTH
Q4 25
36.8%
Q3 25
29.8%
Q2 25
0.1%
22.0%
Q1 25
29.1%
Q4 24
26.0%
Q3 24
33.9%
Q2 24
0.1%
29.2%
Q1 24
20.9%
Operating Margin
EPOW
EPOW
LPTH
LPTH
Q4 25
-52.6%
Q3 25
-16.6%
Q2 25
-24.3%
-38.0%
Q1 25
-36.3%
Q4 24
-33.5%
Q3 24
-16.4%
Q2 24
-24.3%
-25.6%
Q1 24
-33.6%
Net Margin
EPOW
EPOW
LPTH
LPTH
Q4 25
-57.5%
Q3 25
-19.2%
Q2 25
-27.1%
-57.8%
Q1 25
-39.1%
Q4 24
-35.2%
Q3 24
-19.3%
Q2 24
-20.0%
-27.3%
Q1 24
-33.7%
EPS (diluted)
EPOW
EPOW
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
$-0.21
$-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
EPOW
EPOW
LPTH
LPTH
Cash + ST InvestmentsLiquidity on hand
$1.3M
$73.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$27.3M
$77.9M
Total Assets
$143.0M
$148.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EPOW
EPOW
LPTH
LPTH
Q4 25
$73.6M
Q3 25
Q2 25
$1.3M
$4.9M
Q1 25
Q4 24
Q3 24
Q2 24
$15.2M
Q1 24
Total Debt
EPOW
EPOW
LPTH
LPTH
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$535.0K
Q1 24
$599.4K
Stockholders' Equity
EPOW
EPOW
LPTH
LPTH
Q4 25
$77.9M
Q3 25
$21.4M
Q2 25
$27.3M
$15.6M
Q1 25
$15.7M
Q4 24
$26.7M
Q3 24
$29.4M
Q2 24
$-2.8M
$30.2M
Q1 24
$31.7M
Total Assets
EPOW
EPOW
LPTH
LPTH
Q4 25
$148.6M
Q3 25
$87.3M
Q2 25
$143.0M
$81.5M
Q1 25
$81.4M
Q4 24
$45.8M
Q3 24
$48.4M
Q2 24
$141.6M
$48.1M
Q1 24
$49.7M
Debt / Equity
EPOW
EPOW
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
EPOW
EPOW
LPTH
LPTH
Operating Cash FlowLast quarter
$-6.9M
$2.8M
Free Cash FlowOCF − Capex
$2.0M
FCF MarginFCF / Revenue
12.0%
Capex IntensityCapex / Revenue
5.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-6.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EPOW
EPOW
LPTH
LPTH
Q4 25
$2.8M
Q3 25
$-1.1M
Q2 25
$-6.9M
$-2.6M
Q1 25
$-3.2M
Q4 24
$-737.4K
Q3 24
$-1.7M
Q2 24
$-6.9M
$64.7K
Q1 24
$-394.2K
Free Cash Flow
EPOW
EPOW
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
$-7.9M
$-225.5K
Q1 24
$-802.5K
FCF Margin
EPOW
EPOW
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
-35.6%
-2.6%
Q1 24
-10.4%
Capex Intensity
EPOW
EPOW
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
4.4%
3.4%
Q1 24
5.3%

Financial Flow Comparison

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

Revenue Breakdown by Segment

EPOW
EPOW

Segment breakdown not available.

LPTH
LPTH

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

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