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Side-by-side financial comparison of Envirotech Vehicles, Inc. (EVTV) and Opus Genetics, Inc. (IRD). Click either name above to swap in a different company.

Opus Genetics, Inc. is the larger business by last-quarter revenue ($3.9M vs $2.5M, roughly 1.6× Envirotech Vehicles, Inc.). On growth, Envirotech Vehicles, Inc. posted the faster year-over-year revenue change (908.5% vs -10.2%). Over the past eight quarters, Envirotech Vehicles, Inc.'s revenue compounded faster (75.2% CAGR vs 50.3%).

Envirotech Vehicles, Inc. is a provider of zero-emission commercial electric vehicles, with product lines covering light-duty delivery vans, medium-duty work trucks, and purpose-built special electric vehicles. It mainly serves North American logistics, municipal services, and last-mile delivery segments, supporting custom vehicle configuration to match clients' specific operational requirements.

Opus Genetics, Inc. is a clinical-stage biotechnology company specializing in the development of targeted gene therapies for inherited retinal diseases. It focuses on addressing unmet medical needs for patients living with rare, vision-threatening ocular conditions, with operations centered on advancing accessible therapeutic candidates for global rare disease patient populations.

EVTV vs IRD — Head-to-Head

Bigger by revenue
IRD
IRD
1.6× larger
IRD
$3.9M
$2.5M
EVTV
Growing faster (revenue YoY)
EVTV
EVTV
+918.6% gap
EVTV
908.5%
-10.2%
IRD
Faster 2-yr revenue CAGR
EVTV
EVTV
Annualised
EVTV
75.2%
50.3%
IRD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EVTV
EVTV
IRD
IRD
Revenue
$2.5M
$3.9M
Net Profit
$-13.6M
Gross Margin
-479.8%
Operating Margin
-566.0%
Net Margin
-545.9%
Revenue YoY
908.5%
-10.2%
Net Profit YoY
-484.0%
53.0%
EPS (diluted)

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
EVTV
EVTV
IRD
IRD
Q4 25
$2.5M
$3.9M
Q3 25
$1.8M
$3.1M
Q2 25
$1.0M
$2.9M
Q1 25
$590.6K
$4.4M
Q4 24
$246.8K
$4.3M
Q3 24
$0
$3.9M
Q2 24
$812.8K
$1.1M
Q1 24
$810.5K
$1.7M
Net Profit
EVTV
EVTV
IRD
IRD
Q4 25
$-13.6M
Q3 25
$-6.4M
$-17.5M
Q2 25
$-5.1M
$-7.4M
Q1 25
$-14.0M
$-8.2M
Q4 24
Q3 24
$-1.2M
$-7.5M
Q2 24
$-755.1K
$-7.8M
Q1 24
$-4.5M
$-7.1M
Gross Margin
EVTV
EVTV
IRD
IRD
Q4 25
-479.8%
Q3 25
4.5%
Q2 25
-139.2%
Q1 25
20.2%
Q4 24
44.9%
Q3 24
Q2 24
25.1%
Q1 24
38.0%
Operating Margin
EVTV
EVTV
IRD
IRD
Q4 25
-566.0%
Q3 25
-334.5%
-269.9%
Q2 25
-458.4%
-309.0%
Q1 25
-2325.2%
-227.2%
Q4 24
Q3 24
-207.1%
Q2 24
-163.0%
-748.9%
Q1 24
-364.8%
-450.5%
Net Margin
EVTV
EVTV
IRD
IRD
Q4 25
-545.9%
Q3 25
-350.8%
-566.9%
Q2 25
-491.6%
-257.5%
Q1 25
-2376.8%
-187.5%
Q4 24
Q3 24
-194.6%
Q2 24
-92.9%
-698.3%
Q1 24
-559.2%
-415.3%
EPS (diluted)
EVTV
EVTV
IRD
IRD
Q4 25
Q3 25
$-0.25
Q2 25
$-0.12
Q1 25
$-0.24
Q4 24
Q3 24
$-0.29
Q2 24
$-0.30
Q1 24
$-0.29

Balance Sheet & Financial Strength

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

Metric
EVTV
EVTV
IRD
IRD
Cash + ST InvestmentsLiquidity on hand
$359.0K
$45.1M
Total DebtLower is stronger
$485.8K
Stockholders' EquityBook value
$-8.9M
$15.3M
Total Assets
$4.7M
$50.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EVTV
EVTV
IRD
IRD
Q4 25
$359.0K
$45.1M
Q3 25
$77.6K
$30.8M
Q2 25
$942.2K
$32.4M
Q1 25
$211.3K
$41.8M
Q4 24
$1.9M
$30.3M
Q3 24
$682.7K
$36.6M
Q2 24
$437.1K
$41.4M
Q1 24
$1.0M
$47.2M
Total Debt
EVTV
EVTV
IRD
IRD
Q4 25
$485.8K
Q3 25
$2.9M
Q2 25
$4.9M
Q1 25
$4.6M
Q4 24
$3.4M
Q3 24
$918.1K
Q2 24
$1.3M
Q1 24
$1.1M
Stockholders' Equity
EVTV
EVTV
IRD
IRD
Q4 25
$-8.9M
$15.3M
Q3 25
$1.9M
$6.0M
Q2 25
$5.9M
$17.5M
Q1 25
$9.2M
$5.1M
Q4 24
$20.9M
$6.7M
Q3 24
$19.0M
$34.3M
Q2 24
$18.1M
$40.6M
Q1 24
$18.5M
$46.1M
Total Assets
EVTV
EVTV
IRD
IRD
Q4 25
$4.7M
$50.2M
Q3 25
$18.2M
$36.1M
Q2 25
$22.7M
$38.7M
Q1 25
$24.8M
$48.2M
Q4 24
$32.7M
$36.9M
Q3 24
$22.8M
$40.4M
Q2 24
$22.5M
$44.8M
Q1 24
$23.2M
$51.8M
Debt / Equity
EVTV
EVTV
IRD
IRD
Q4 25
Q3 25
1.54×
Q2 25
0.84×
Q1 25
0.50×
Q4 24
0.16×
Q3 24
0.05×
Q2 24
0.07×
Q1 24
0.06×

Cash Flow & Capital Efficiency

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

Metric
EVTV
EVTV
IRD
IRD
Operating Cash FlowLast quarter
$708.3K
$-35.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EVTV
EVTV
IRD
IRD
Q4 25
$708.3K
$-35.3M
Q3 25
$-910.4K
$-6.2M
Q2 25
$-1.2M
$-10.3M
Q1 25
$-4.2M
$-9.0M
Q4 24
$-3.5M
$-25.6M
Q3 24
$-1.1M
$-5.1M
Q2 24
$-965.0K
$-7.3M
Q1 24
$-735.6K
$-5.7M
Free Cash Flow
EVTV
EVTV
IRD
IRD
Q4 25
Q3 25
Q2 25
Q1 25
$-4.4M
Q4 24
$-3.9M
Q3 24
$-1.2M
Q2 24
$-1.1M
Q1 24
FCF Margin
EVTV
EVTV
IRD
IRD
Q4 25
Q3 25
Q2 25
Q1 25
-744.1%
Q4 24
-1594.4%
Q3 24
Q2 24
-135.4%
Q1 24
Capex Intensity
EVTV
EVTV
IRD
IRD
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
29.9%
Q4 24
174.4%
Q3 24
Q2 24
16.6%
Q1 24
0.0%

Financial Flow Comparison

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

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