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Side-by-side financial comparison of ESPEY MFG & ELECTRONICS CORP (ESP) and PEDEVCO CORP (PED). Click either name above to swap in a different company.

PEDEVCO CORP is the larger business by last-quarter revenue ($23.1M vs $12.1M, roughly 1.9× ESPEY MFG & ELECTRONICS CORP). ESPEY MFG & ELECTRONICS CORP runs the higher net margin — 23.1% vs -36.8%, a 59.9% gap on every dollar of revenue. On growth, PEDEVCO CORP posted the faster year-over-year revenue change (118.2% vs -10.8%). Over the past eight quarters, PEDEVCO CORP's revenue compounded faster (68.6% CAGR vs 21.3%).

ESPEY MFG & ELECTRONICS CORP is a US-based manufacturer specializing in high-reliability power supplies, power conversion systems and specialized electronic components. It serves aerospace, defense, industrial and transportation sectors, delivering custom solutions for harsh environments to OEMs and government contractors across North America and select global markets.

PEDEVCO Corp is an independent energy company specializing in the acquisition, exploration, development, and production of oil and natural gas assets. It primarily holds and operates onshore resource properties across continental US basins, serving domestic wholesale, utility, and industrial energy customer segments.

ESP vs PED — Head-to-Head

Bigger by revenue
PED
PED
1.9× larger
PED
$23.1M
$12.1M
ESP
Growing faster (revenue YoY)
PED
PED
+129.1% gap
PED
118.2%
-10.8%
ESP
Higher net margin
ESP
ESP
59.9% more per $
ESP
23.1%
-36.8%
PED
Faster 2-yr revenue CAGR
PED
PED
Annualised
PED
68.6%
21.3%
ESP

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
ESP
ESP
PED
PED
Revenue
$12.1M
$23.1M
Net Profit
$2.8M
$-8.5M
Gross Margin
34.7%
Operating Margin
25.3%
-21.3%
Net Margin
23.1%
-36.8%
Revenue YoY
-10.8%
118.2%
Net Profit YoY
47.0%
-243.5%
EPS (diluted)
$0.99
$-2.23

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
ESP
ESP
PED
PED
Q4 25
$12.1M
$23.1M
Q3 25
$9.1M
$7.0M
Q2 25
$9.6M
$7.0M
Q1 25
$10.3M
$8.7M
Q4 24
$13.6M
$10.6M
Q3 24
$10.4M
$9.1M
Q2 24
$11.6M
$11.8M
Q1 24
$8.3M
$8.1M
Net Profit
ESP
ESP
PED
PED
Q4 25
$2.8M
$-8.5M
Q3 25
$2.2M
$-325.0K
Q2 25
$2.9M
$-1.7M
Q1 25
$1.7M
$140.0K
Q4 24
$1.9M
$5.9M
Q3 24
$1.6M
$2.9M
Q2 24
$1.9M
$2.7M
Q1 24
$1.0M
$773.0K
Gross Margin
ESP
ESP
PED
PED
Q4 25
34.7%
Q3 25
35.4%
Q2 25
39.3%
Q1 25
28.6%
Q4 24
23.2%
Q3 24
26.8%
Q2 24
27.6%
Q1 24
25.0%
Operating Margin
ESP
ESP
PED
PED
Q4 25
25.3%
-21.3%
Q3 25
22.7%
-12.0%
Q2 25
27.4%
-32.2%
Q1 25
17.0%
1.7%
Q4 24
14.9%
-12.9%
Q3 24
16.5%
31.3%
Q2 24
18.4%
22.3%
Q1 24
13.2%
7.6%
Net Margin
ESP
ESP
PED
PED
Q4 25
23.1%
-36.8%
Q3 25
23.9%
-4.7%
Q2 25
30.6%
-24.0%
Q1 25
16.5%
1.6%
Q4 24
14.0%
56.0%
Q3 24
15.3%
32.2%
Q2 24
16.3%
22.7%
Q1 24
12.5%
9.5%
EPS (diluted)
ESP
ESP
PED
PED
Q4 25
$0.99
$-2.23
Q3 25
$0.76
$0.00
Q2 25
$1.07
$-0.02
Q1 25
$0.63
$0.00
Q4 24
$0.71
$2.69
Q3 24
$0.61
$0.03
Q2 24
$0.73
$0.03
Q1 24
$0.40
$0.01

Balance Sheet & Financial Strength

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

Metric
ESP
ESP
PED
PED
Cash + ST InvestmentsLiquidity on hand
$17.8M
$3.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$53.2M
$207.4M
Total Assets
$85.2M
$375.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESP
ESP
PED
PED
Q4 25
$17.8M
$3.2M
Q3 25
$22.2M
$10.9M
Q2 25
$18.9M
$8.5M
Q1 25
$13.9M
$10.4M
Q4 24
$8.0M
$4.0M
Q3 24
$4.8M
$4.6M
Q2 24
$4.4M
$6.1M
Q1 24
$5.6M
$13.3M
Stockholders' Equity
ESP
ESP
PED
PED
Q4 25
$53.2M
$207.4M
Q3 25
$51.0M
$115.4M
Q2 25
$50.8M
$115.2M
Q1 25
$46.3M
$116.2M
Q4 24
$44.8M
$115.6M
Q3 24
$42.5M
$106.5M
Q2 24
$41.3M
$103.2M
Q1 24
$39.3M
$100.0M
Total Assets
ESP
ESP
PED
PED
Q4 25
$85.2M
$375.9M
Q3 25
$84.8M
$135.9M
Q2 25
$79.1M
$136.8M
Q1 25
$72.8M
$145.6M
Q4 24
$60.2M
$128.3M
Q3 24
$57.6M
$114.3M
Q2 24
$56.5M
$111.0M
Q1 24
$53.1M
$118.3M

Cash Flow & Capital Efficiency

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

Metric
ESP
ESP
PED
PED
Operating Cash FlowLast quarter
$-2.8M
$-2.1M
Free Cash FlowOCF − Capex
$-4.1M
FCF MarginFCF / Revenue
-34.1%
Capex IntensityCapex / Revenue
10.9%
Cash ConversionOCF / Net Profit
-1.00×
TTM Free Cash FlowTrailing 4 quarters
$11.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESP
ESP
PED
PED
Q4 25
$-2.8M
$-2.1M
Q3 25
$5.7M
$7.4M
Q2 25
$2.8M
$-420.0K
Q1 25
$11.5M
$5.9M
Q4 24
$5.4M
$4.2M
Q3 24
$1.4M
$8.3M
Q2 24
$3.2M
$4.6M
Q1 24
$1.4M
$-4.3M
Free Cash Flow
ESP
ESP
PED
PED
Q4 25
$-4.1M
Q3 25
$4.4M
Q2 25
$915.3K
Q1 25
$10.5M
Q4 24
$4.5M
Q3 24
$724.8K
Q2 24
$2.6M
Q1 24
$379.1K
FCF Margin
ESP
ESP
PED
PED
Q4 25
-34.1%
Q3 25
48.7%
Q2 25
9.5%
Q1 25
101.8%
Q4 24
33.0%
Q3 24
6.9%
Q2 24
22.2%
Q1 24
4.6%
Capex Intensity
ESP
ESP
PED
PED
Q4 25
10.9%
Q3 25
14.2%
Q2 25
19.3%
Q1 25
9.3%
Q4 24
6.5%
Q3 24
6.4%
Q2 24
5.7%
Q1 24
12.5%
Cash Conversion
ESP
ESP
PED
PED
Q4 25
-1.00×
Q3 25
2.64×
Q2 25
0.95×
Q1 25
6.72×
42.34×
Q4 24
2.82×
0.71×
Q3 24
0.87×
2.83×
Q2 24
1.71×
1.71×
Q1 24
1.37×
-5.56×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ESP
ESP

ASC606$11.3M93%
Other$855.0K7%

PED
PED

Segment breakdown not available.

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