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

SemiLEDs Corp is the larger business by last-quarter revenue ($2.6M vs $2.5M, roughly 1.0× Envirotech Vehicles, Inc.). SemiLEDs Corp runs the higher net margin — -28.9% vs -545.9%, a 517.0% gap on every dollar of revenue. On growth, Envirotech Vehicles, Inc. posted the faster year-over-year revenue change (908.5% vs 103.7%). Over the past eight quarters, Envirotech Vehicles, Inc.'s revenue compounded faster (75.2% CAGR vs 70.3%).

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.

SEMI is an industry association comprising companies involved in the electronics design and manufacturing supply chain. They provide equipment, materials and services for the manufacture of semiconductors, photovoltaic panels, LED and flat panel displays, micro-electromechanical systems (MEMS), printed and flexible electronics, and related micro and nano-technologies.

EVTV vs LEDS — Head-to-Head

Bigger by revenue
LEDS
LEDS
1.0× larger
LEDS
$2.6M
$2.5M
EVTV
Growing faster (revenue YoY)
EVTV
EVTV
+804.8% gap
EVTV
908.5%
103.7%
LEDS
Higher net margin
LEDS
LEDS
517.0% more per $
LEDS
-28.9%
-545.9%
EVTV
Faster 2-yr revenue CAGR
EVTV
EVTV
Annualised
EVTV
75.2%
70.3%
LEDS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EVTV
EVTV
LEDS
LEDS
Revenue
$2.5M
$2.6M
Net Profit
$-13.6M
$-742.0K
Gross Margin
-479.8%
0.7%
Operating Margin
-566.0%
-39.4%
Net Margin
-545.9%
-28.9%
Revenue YoY
908.5%
103.7%
Net Profit YoY
-484.0%
-35.6%
EPS (diluted)
$-0.09

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
LEDS
LEDS
Q4 25
$2.5M
$2.6M
Q3 25
$1.8M
$13.2M
Q2 25
$1.0M
$17.7M
Q1 25
$590.6K
$10.9M
Q4 24
$246.8K
$1.3M
Q3 24
$0
$1.3M
Q2 24
$812.8K
$1.3M
Q1 24
$810.5K
$886.0K
Net Profit
EVTV
EVTV
LEDS
LEDS
Q4 25
$-13.6M
$-742.0K
Q3 25
$-6.4M
$-1.2M
Q2 25
$-5.1M
$223.0K
Q1 25
$-14.0M
$388.0K
Q4 24
$-547.0K
Q3 24
$-1.2M
Q2 24
$-755.1K
$-319.0K
Q1 24
$-4.5M
$-559.0K
Gross Margin
EVTV
EVTV
LEDS
LEDS
Q4 25
-479.8%
0.7%
Q3 25
4.5%
1.7%
Q2 25
-139.2%
5.3%
Q1 25
20.2%
9.2%
Q4 24
44.9%
20.6%
Q3 24
11.6%
Q2 24
25.1%
41.0%
Q1 24
38.0%
12.6%
Operating Margin
EVTV
EVTV
LEDS
LEDS
Q4 25
-566.0%
-39.4%
Q3 25
-334.5%
-9.0%
Q2 25
-458.4%
-0.4%
Q1 25
-2325.2%
1.0%
Q4 24
-52.1%
Q3 24
Q2 24
-163.0%
-35.8%
Q1 24
-364.8%
-93.9%
Net Margin
EVTV
EVTV
LEDS
LEDS
Q4 25
-545.9%
-28.9%
Q3 25
-350.8%
-9.0%
Q2 25
-491.6%
1.3%
Q1 25
-2376.8%
3.6%
Q4 24
-43.4%
Q3 24
Q2 24
-92.9%
-24.1%
Q1 24
-559.2%
-63.1%
EPS (diluted)
EVTV
EVTV
LEDS
LEDS
Q4 25
$-0.09
Q3 25
$-0.15
Q2 25
$0.03
Q1 25
$0.05
Q4 24
$-0.08
Q3 24
Q2 24
$-0.04
Q1 24
$-0.11

Balance Sheet & Financial Strength

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

Metric
EVTV
EVTV
LEDS
LEDS
Cash + ST InvestmentsLiquidity on hand
$359.0K
$2.9M
Total DebtLower is stronger
$485.8K
Stockholders' EquityBook value
$-8.9M
$2.1M
Total Assets
$4.7M
$14.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EVTV
EVTV
LEDS
LEDS
Q4 25
$359.0K
$2.9M
Q3 25
$77.6K
$2.6M
Q2 25
$942.2K
$2.4M
Q1 25
$211.3K
$2.4M
Q4 24
$1.9M
$1.2M
Q3 24
$682.7K
$1.7M
Q2 24
$437.1K
$1.7M
Q1 24
$1.0M
$1.6M
Total Debt
EVTV
EVTV
LEDS
LEDS
Q4 25
$485.8K
Q3 25
$2.9M
$1.7M
Q2 25
$4.9M
Q1 25
$4.6M
Q4 24
$3.4M
Q3 24
$918.1K
$3.7M
Q2 24
$1.3M
Q1 24
$1.1M
Stockholders' Equity
EVTV
EVTV
LEDS
LEDS
Q4 25
$-8.9M
$2.1M
Q3 25
$1.9M
$2.8M
Q2 25
$5.9M
$4.0M
Q1 25
$9.2M
$3.6M
Q4 24
$20.9M
$1.6M
Q3 24
$19.0M
$2.2M
Q2 24
$18.1M
$2.7M
Q1 24
$18.5M
$3.0M
Total Assets
EVTV
EVTV
LEDS
LEDS
Q4 25
$4.7M
$14.2M
Q3 25
$18.2M
$15.6M
Q2 25
$22.7M
$23.2M
Q1 25
$24.8M
$23.2M
Q4 24
$32.7M
$10.4M
Q3 24
$22.8M
$11.1M
Q2 24
$22.5M
$11.5M
Q1 24
$23.2M
$12.0M
Debt / Equity
EVTV
EVTV
LEDS
LEDS
Q4 25
Q3 25
1.54×
0.61×
Q2 25
0.84×
Q1 25
0.50×
Q4 24
0.16×
Q3 24
0.05×
1.69×
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
LEDS
LEDS
Operating Cash FlowLast quarter
$708.3K
$361.0K
Free Cash FlowOCF − Capex
$331.0K
FCF MarginFCF / Revenue
12.9%
Capex IntensityCapex / Revenue
0.0%
1.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EVTV
EVTV
LEDS
LEDS
Q4 25
$708.3K
$361.0K
Q3 25
$-910.4K
Q2 25
$-1.2M
$693.0K
Q1 25
$-4.2M
$1.4M
Q4 24
$-3.5M
$-158.0K
Q3 24
$-1.1M
Q2 24
$-965.0K
$109.0K
Q1 24
$-735.6K
$-600.0K
Free Cash Flow
EVTV
EVTV
LEDS
LEDS
Q4 25
$331.0K
Q3 25
Q2 25
$383.0K
Q1 25
$-4.4M
$1.3M
Q4 24
$-3.9M
$-276.0K
Q3 24
$-1.2M
Q2 24
$-1.1M
$98.0K
Q1 24
$-619.0K
FCF Margin
EVTV
EVTV
LEDS
LEDS
Q4 25
12.9%
Q3 25
Q2 25
2.2%
Q1 25
-744.1%
11.8%
Q4 24
-1594.4%
-21.9%
Q3 24
Q2 24
-135.4%
7.4%
Q1 24
-69.9%
Capex Intensity
EVTV
EVTV
LEDS
LEDS
Q4 25
0.0%
1.2%
Q3 25
0.0%
0.2%
Q2 25
0.0%
1.8%
Q1 25
29.9%
1.1%
Q4 24
174.4%
9.4%
Q3 24
9.3%
Q2 24
16.6%
0.8%
Q1 24
0.0%
2.1%
Cash Conversion
EVTV
EVTV
LEDS
LEDS
Q4 25
Q3 25
Q2 25
3.11×
Q1 25
3.62×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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