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Side-by-side financial comparison of GLAUKOS Corp (GKOS) and DORIAN LPG LTD. (LPG). Click either name above to swap in a different company.

GLAUKOS Corp is the larger business by last-quarter revenue ($143.1M vs $120.0M, roughly 1.2× DORIAN LPG LTD.). DORIAN LPG LTD. runs the higher net margin — 39.3% vs -93.4%, a 132.7% gap on every dollar of revenue. On growth, DORIAN LPG LTD. posted the faster year-over-year revenue change (48.7% vs 35.7%). Over the past eight quarters, GLAUKOS Corp's revenue compounded faster (29.3% CAGR vs -7.9%).

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.

Dorian LPG Ltd. is a leading international shipping company focused on the seaborne transportation of liquefied petroleum gas (LPG). It owns and operates a modern fleet of very large gas carriers, serving energy and petrochemical industry clients across key markets including North America, Asia and Europe.

GKOS vs LPG — Head-to-Head

Bigger by revenue
GKOS
GKOS
1.2× larger
GKOS
$143.1M
$120.0M
LPG
Growing faster (revenue YoY)
LPG
LPG
+13.1% gap
LPG
48.7%
35.7%
GKOS
Higher net margin
LPG
LPG
132.7% more per $
LPG
39.3%
-93.4%
GKOS
Faster 2-yr revenue CAGR
GKOS
GKOS
Annualised
GKOS
29.3%
-7.9%
LPG

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
GKOS
GKOS
LPG
LPG
Revenue
$143.1M
$120.0M
Net Profit
$-133.7M
$47.2M
Gross Margin
-1.1%
Operating Margin
-97.7%
42.8%
Net Margin
-93.4%
39.3%
Revenue YoY
35.7%
48.7%
Net Profit YoY
-298.0%
120.9%
EPS (diluted)
$-2.34
$1.11

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
GKOS
GKOS
LPG
LPG
Q4 25
$143.1M
$120.0M
Q3 25
$133.5M
$124.1M
Q2 25
$124.1M
$84.2M
Q1 25
$106.7M
$75.9M
Q4 24
$105.5M
$80.7M
Q3 24
$96.7M
$82.4M
Q2 24
$95.7M
$114.4M
Q1 24
$85.6M
$141.4M
Net Profit
GKOS
GKOS
LPG
LPG
Q4 25
$-133.7M
$47.2M
Q3 25
$-16.2M
$55.4M
Q2 25
$-19.7M
$10.1M
Q1 25
$-18.1M
$8.1M
Q4 24
$-33.6M
$21.4M
Q3 24
$-21.4M
$9.4M
Q2 24
$-50.5M
$51.3M
Q1 24
$-40.8M
$79.2M
Gross Margin
GKOS
GKOS
LPG
LPG
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%
Q1 24
76.3%
Operating Margin
GKOS
GKOS
LPG
LPG
Q4 25
-97.7%
42.8%
Q3 25
-12.3%
47.8%
Q2 25
-18.3%
18.5%
Q1 25
-19.4%
19.4%
Q4 24
-27.2%
29.0%
Q3 24
-25.5%
23.2%
Q2 24
-31.3%
48.5%
Q1 24
-45.6%
58.3%
Net Margin
GKOS
GKOS
LPG
LPG
Q4 25
-93.4%
39.3%
Q3 25
-12.2%
44.6%
Q2 25
-15.8%
12.0%
Q1 25
-17.0%
10.7%
Q4 24
-31.8%
26.5%
Q3 24
-22.1%
11.4%
Q2 24
-52.8%
44.9%
Q1 24
-47.7%
56.0%
EPS (diluted)
GKOS
GKOS
LPG
LPG
Q4 25
$-2.34
$1.11
Q3 25
$-0.28
$1.30
Q2 25
$-0.34
$0.24
Q1 25
$-0.32
$0.17
Q4 24
$-0.56
$0.50
Q3 24
$-0.39
$0.22
Q2 24
$-1.00
$1.25
Q1 24
$-0.82
$1.96

Balance Sheet & Financial Strength

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

Metric
GKOS
GKOS
LPG
LPG
Cash + ST InvestmentsLiquidity on hand
$90.8M
$294.5M
Total DebtLower is stronger
$513.2M
Stockholders' EquityBook value
$656.2M
$1.1B
Total Assets
$893.5M
$1.8B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GKOS
GKOS
LPG
LPG
Q4 25
$90.8M
$294.5M
Q3 25
$98.2M
$268.3M
Q2 25
$100.8M
$277.9M
Q1 25
$114.3M
$316.9M
Q4 24
$169.6M
$314.5M
Q3 24
$100.1M
$348.6M
Q2 24
$68.1M
$353.3M
Q1 24
$42.5M
$282.5M
Total Debt
GKOS
GKOS
LPG
LPG
Q4 25
$513.2M
Q3 25
$526.4M
Q2 25
$539.6M
Q1 25
$553.3M
Q4 24
$565.9M
Q3 24
$579.0M
Q2 24
$592.1M
Q1 24
$605.1M
Stockholders' Equity
GKOS
GKOS
LPG
LPG
Q4 25
$656.2M
$1.1B
Q3 25
$769.5M
$1.1B
Q2 25
$765.1M
$1.0B
Q1 25
$764.0M
$1.0B
Q4 24
$766.9M
$1.1B
Q3 24
$668.5M
$1.1B
Q2 24
$665.2M
$1.1B
Q1 24
$450.7M
$1.0B
Total Assets
GKOS
GKOS
LPG
LPG
Q4 25
$893.5M
$1.8B
Q3 25
$999.4M
$1.8B
Q2 25
$987.0M
$1.7B
Q1 25
$966.2M
$1.8B
Q4 24
$974.8M
$1.8B
Q3 24
$926.5M
$1.9B
Q2 24
$919.7M
$1.9B
Q1 24
$933.3M
$1.8B
Debt / Equity
GKOS
GKOS
LPG
LPG
Q4 25
0.47×
Q3 25
0.49×
Q2 25
0.52×
Q1 25
0.53×
Q4 24
0.53×
Q3 24
0.53×
Q2 24
0.53×
Q1 24
0.59×

Cash Flow & Capital Efficiency

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

Metric
GKOS
GKOS
LPG
LPG
Operating Cash FlowLast quarter
$6.8M
$80.8M
Free Cash FlowOCF − Capex
$3.9M
FCF MarginFCF / Revenue
2.7%
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
1.71×
TTM Free Cash FlowTrailing 4 quarters
$-22.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GKOS
GKOS
LPG
LPG
Q4 25
$6.8M
$80.8M
Q3 25
$-10.1M
$46.4M
Q2 25
$7.0M
$814.5K
Q1 25
$-18.5M
$50.2M
Q4 24
$507.0K
$24.3M
Q3 24
$-9.6M
$57.3M
Q2 24
$-18.4M
$41.2M
Q1 24
$-33.9M
$154.2M
Free Cash Flow
GKOS
GKOS
LPG
LPG
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
Q1 24
$-34.8M
FCF Margin
GKOS
GKOS
LPG
LPG
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%
Q1 24
-40.7%
Capex Intensity
GKOS
GKOS
LPG
LPG
Q4 25
2.0%
Q3 25
1.2%
Q2 25
0.9%
Q1 25
1.8%
Q4 24
1.6%
Q3 24
1.5%
Q2 24
2.2%
Q1 24
1.1%
Cash Conversion
GKOS
GKOS
LPG
LPG
Q4 25
1.71×
Q3 25
0.84×
Q2 25
0.08×
Q1 25
6.20×
Q4 24
1.14×
Q3 24
6.08×
Q2 24
0.80×
Q1 24
1.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GKOS
GKOS

Glaucoma$86.4M60%
Other$35.1M25%
Corneal Health$21.6M15%

LPG
LPG

Segment breakdown not available.

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