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

GLAUKOS Corp is the larger business by last-quarter revenue ($150.6M vs $84.3M, roughly 1.8× LTC PROPERTIES INC). LTC PROPERTIES INC runs the higher net margin — 123.0% vs 6.2%, a 116.7% gap on every dollar of revenue. On growth, LTC PROPERTIES INC posted the faster year-over-year revenue change (60.3% vs 41.2%). Over the past eight quarters, LTC PROPERTIES INC's revenue compounded faster (28.1% CAGR vs 25.4%).

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.

LTC Properties Inc is a U.S.-based real estate investment trust (REIT) that owns, finances, and manages seniors housing and healthcare-related real estate assets. Its core portfolio includes assisted living facilities, skilled nursing properties, memory care centers, and independent living communities for senior care and healthcare service operators.

GKOS vs LTC — Head-to-Head

Bigger by revenue
GKOS
GKOS
1.8× larger
GKOS
$150.6M
$84.3M
LTC
Growing faster (revenue YoY)
LTC
LTC
+19.1% gap
LTC
60.3%
41.2%
GKOS
Higher net margin
LTC
LTC
116.7% more per $
LTC
123.0%
6.2%
GKOS
Faster 2-yr revenue CAGR
LTC
LTC
Annualised
LTC
28.1%
25.4%
GKOS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GKOS
GKOS
LTC
LTC
Revenue
$150.6M
$84.3M
Net Profit
$9.4M
$103.7M
Gross Margin
77.9%
Operating Margin
9.0%
Net Margin
6.2%
123.0%
Revenue YoY
41.2%
60.3%
Net Profit YoY
429.1%
EPS (diluted)
$2.19

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
LTC
LTC
Q1 26
$150.6M
Q4 25
$143.1M
$84.3M
Q3 25
$133.5M
$69.3M
Q2 25
$124.1M
$60.2M
Q1 25
$106.7M
$49.0M
Q4 24
$105.5M
$52.6M
Q3 24
$96.7M
$55.8M
Q2 24
$95.7M
$50.1M
Net Profit
GKOS
GKOS
LTC
LTC
Q1 26
$9.4M
Q4 25
$-133.7M
$103.7M
Q3 25
$-16.2M
$-20.0M
Q2 25
$-19.7M
$15.1M
Q1 25
$-18.1M
$20.7M
Q4 24
$-33.6M
$19.6M
Q3 24
$-21.4M
$29.4M
Q2 24
$-50.5M
$19.4M
Gross Margin
GKOS
GKOS
LTC
LTC
Q1 26
77.9%
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%
Operating Margin
GKOS
GKOS
LTC
LTC
Q1 26
9.0%
Q4 25
-97.7%
Q3 25
-12.3%
71.9%
Q2 25
-18.3%
80.5%
Q1 25
-19.4%
37.8%
Q4 24
-27.2%
Q3 24
-25.5%
95.5%
Q2 24
-31.3%
38.0%
Net Margin
GKOS
GKOS
LTC
LTC
Q1 26
6.2%
Q4 25
-93.4%
123.0%
Q3 25
-12.2%
-28.9%
Q2 25
-15.8%
25.1%
Q1 25
-17.0%
42.2%
Q4 24
-31.8%
37.3%
Q3 24
-22.1%
52.6%
Q2 24
-52.8%
38.6%
EPS (diluted)
GKOS
GKOS
LTC
LTC
Q1 26
Q4 25
$-2.34
$2.19
Q3 25
$-0.28
$-0.44
Q2 25
$-0.34
$0.32
Q1 25
$-0.32
$0.45
Q4 24
$-0.56
$0.38
Q3 24
$-0.39
$0.66
Q2 24
$-1.00
$0.44

Balance Sheet & Financial Strength

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

Metric
GKOS
GKOS
LTC
LTC
Cash + ST InvestmentsLiquidity on hand
$276.7M
$14.4M
Total DebtLower is stronger
$842.2M
Stockholders' EquityBook value
$670.9M
$1.1B
Total Assets
$893.3M
$2.1B
Debt / EquityLower = less leverage
0.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GKOS
GKOS
LTC
LTC
Q1 26
$276.7M
Q4 25
$90.8M
$14.4M
Q3 25
$98.2M
$17.9M
Q2 25
$100.8M
$7.6M
Q1 25
$114.3M
$23.3M
Q4 24
$169.6M
$9.4M
Q3 24
$100.1M
$35.0M
Q2 24
$68.1M
$6.2M
Total Debt
GKOS
GKOS
LTC
LTC
Q1 26
Q4 25
$842.2M
Q3 25
$944.5M
Q2 25
$696.5M
Q1 25
$682.2M
Q4 24
$684.6M
Q3 24
$785.3M
Q2 24
$861.0M
Stockholders' Equity
GKOS
GKOS
LTC
LTC
Q1 26
$670.9M
Q4 25
$656.2M
$1.1B
Q3 25
$769.5M
$957.9M
Q2 25
$765.1M
$957.5M
Q1 25
$764.0M
$961.9M
Q4 24
$766.9M
$960.6M
Q3 24
$668.5M
$947.8M
Q2 24
$665.2M
$889.1M
Total Assets
GKOS
GKOS
LTC
LTC
Q1 26
$893.3M
Q4 25
$893.5M
$2.1B
Q3 25
$999.4M
$2.0B
Q2 25
$987.0M
$1.8B
Q1 25
$966.2M
$1.8B
Q4 24
$974.8M
$1.8B
Q3 24
$926.5M
$1.9B
Q2 24
$919.7M
$1.9B
Debt / Equity
GKOS
GKOS
LTC
LTC
Q1 26
Q4 25
0.78×
Q3 25
0.99×
Q2 25
0.73×
Q1 25
0.71×
Q4 24
0.71×
Q3 24
0.83×
Q2 24
0.97×

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
LTC
LTC
Operating Cash FlowLast quarter
$136.0M
Free Cash FlowOCF − Capex
$128.7M
FCF MarginFCF / Revenue
152.7%
Capex IntensityCapex / Revenue
8.6%
Cash ConversionOCF / Net Profit
1.31×
TTM Free Cash FlowTrailing 4 quarters
$220.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GKOS
GKOS
LTC
LTC
Q1 26
Q4 25
$6.8M
$136.0M
Q3 25
$-10.1M
$38.4M
Q2 25
$7.0M
$30.0M
Q1 25
$-18.5M
$29.6M
Q4 24
$507.0K
$125.9M
Q3 24
$-9.6M
$34.0M
Q2 24
$-18.4M
$37.0M
Free Cash Flow
GKOS
GKOS
LTC
LTC
Q1 26
Q4 25
$3.9M
$128.7M
Q3 25
$-11.7M
$34.3M
Q2 25
$5.8M
$28.9M
Q1 25
$-20.5M
$28.2M
Q4 24
$-1.2M
$112.2M
Q3 24
$-11.0M
$27.7M
Q2 24
$-20.5M
$34.7M
FCF Margin
GKOS
GKOS
LTC
LTC
Q1 26
Q4 25
2.7%
152.7%
Q3 25
-8.8%
49.4%
Q2 25
4.7%
47.9%
Q1 25
-19.2%
57.6%
Q4 24
-1.2%
213.4%
Q3 24
-11.4%
49.7%
Q2 24
-21.4%
69.1%
Capex Intensity
GKOS
GKOS
LTC
LTC
Q1 26
Q4 25
2.0%
8.6%
Q3 25
1.2%
6.0%
Q2 25
0.9%
1.9%
Q1 25
1.8%
2.7%
Q4 24
1.6%
26.0%
Q3 24
1.5%
11.2%
Q2 24
2.2%
4.6%
Cash Conversion
GKOS
GKOS
LTC
LTC
Q1 26
Q4 25
1.31×
Q3 25
Q2 25
1.99×
Q1 25
1.43×
Q4 24
6.43×
Q3 24
1.16×
Q2 24
1.91×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GKOS
GKOS

Segment breakdown not available.

LTC
LTC

Seniors Housing Operating Portfolio Segment$72.1M86%
Other$12.2M14%

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