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Side-by-side financial comparison of Galecto, Inc. (GLTO) and Innventure, Inc. (INV). Click either name above to swap in a different company.

Galecto, Inc. is the larger business by last-quarter revenue ($1.0M vs $822.0K, roughly 1.2× Innventure, Inc.). Innventure, Inc. runs the higher net margin — -4593.8% vs -20053.5%, a 15459.8% gap on every dollar of revenue.

Galecto Biotech is a biotechnology company that develops small molecules for the treatment of severe diseases, including fibrosis, cancer and inflammation. The company was founded in 2011 by leading galectin scientists and biotech executives from Sweden, United Kingdom, and Denmark. The company today is incorporated in the U.S., and has its operating headquarters in Copenhagen, Denmark.

Innventure, Inc. is a business development and commercialization firm that partners with large global corporations to turn their underutilized intellectual property and unused R&D innovations into scalable, high-growth independent businesses. It focuses on sectors including sustainability, advanced materials and life sciences, serving primarily North American and European markets.

GLTO vs INV — Head-to-Head

Bigger by revenue
GLTO
GLTO
1.2× larger
GLTO
$1.0M
$822.0K
INV
Higher net margin
INV
INV
15459.8% more per $
INV
-4593.8%
-20053.5%
GLTO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GLTO
GLTO
INV
INV
Revenue
$1.0M
$822.0K
Net Profit
$-200.7M
$-37.8M
Gross Margin
-1315.8%
Operating Margin
-20149.5%
-3859.1%
Net Margin
-20053.5%
-4593.8%
Revenue YoY
339.0%
Net Profit YoY
-2877.8%
EPS (diluted)
$10.86
$-0.18

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
GLTO
GLTO
INV
INV
Q4 25
$1.0M
$822.0K
Q3 25
$534.0K
Q2 25
$476.0K
Q1 25
$224.0K
Q4 24
$228.0K
Q3 24
$146.0K
$317.0K
Q2 24
$213.0K
Q1 24
$257.0K
Net Profit
GLTO
GLTO
INV
INV
Q4 25
$-200.7M
$-37.8M
Q3 25
$-28.3M
Q2 25
$-84.2M
Q1 25
$-143.0M
Q4 24
$-6.7M
Q3 24
$-3.9M
$-2.2M
Q2 24
$-5.3M
Q1 24
$-5.5M
Gross Margin
GLTO
GLTO
INV
INV
Q4 25
-1315.8%
Q3 25
-676.6%
Q2 25
-501.1%
Q1 25
17.9%
Q4 24
Q3 24
-145.1%
Q2 24
Q1 24
Operating Margin
GLTO
GLTO
INV
INV
Q4 25
-20149.5%
-3859.1%
Q3 25
-5469.1%
Q2 25
-29952.5%
Q1 25
-116606.3%
Q4 24
-3114.9%
Q3 24
-2630.1%
-4313.6%
Q2 24
-2618.3%
Q1 24
-2233.9%
Net Margin
GLTO
GLTO
INV
INV
Q4 25
-20053.5%
-4593.8%
Q3 25
-5305.6%
Q2 25
-17694.7%
Q1 25
-63837.9%
Q4 24
-2956.6%
Q3 24
-2659.6%
-697.5%
Q2 24
-2506.1%
Q1 24
-2131.1%
EPS (diluted)
GLTO
GLTO
INV
INV
Q4 25
$10.86
$-0.18
Q3 25
$-0.51
Q2 25
$-1.60
Q1 25
$-3.10
Q4 24
$-5.17
Q3 24
$-3.39
$-0.94
Q2 24
$-4.92
Q1 24
$-5.05

Balance Sheet & Financial Strength

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

Metric
GLTO
GLTO
INV
INV
Cash + ST InvestmentsLiquidity on hand
$257.6M
$60.4M
Total DebtLower is stronger
$8.3M
Stockholders' EquityBook value
$240.4M
$204.2M
Total Assets
$260.5M
$599.2M
Debt / EquityLower = less leverage
0.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLTO
GLTO
INV
INV
Q4 25
$257.6M
$60.4M
Q3 25
$9.1M
Q2 25
$7.0M
Q1 25
Q4 24
$14.2M
Q3 24
$19.7M
Q2 24
Q1 24
$27.2M
Total Debt
GLTO
GLTO
INV
INV
Q4 25
$8.3M
Q3 25
$29.5M
Q2 25
$16.8M
Q1 25
$12.3M
Q4 24
Q3 24
$14.9M
Q2 24
Q1 24
Stockholders' Equity
GLTO
GLTO
INV
INV
Q4 25
$240.4M
$204.2M
Q3 25
$190.8M
Q2 25
$218.6M
Q1 25
$261.5M
Q4 24
$15.8M
Q3 24
$20.9M
$-22.3M
Q2 24
$23.6M
Q1 24
$28.2M
Total Assets
GLTO
GLTO
INV
INV
Q4 25
$260.5M
$599.2M
Q3 25
$556.5M
Q2 25
$556.0M
Q1 25
$660.4M
Q4 24
$17.1M
Q3 24
$23.4M
$55.7M
Q2 24
Q1 24
$32.5M
Debt / Equity
GLTO
GLTO
INV
INV
Q4 25
0.04×
Q3 25
0.15×
Q2 25
0.08×
Q1 25
0.05×
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
GLTO
GLTO
INV
INV
Operating Cash FlowLast quarter
$566.0K
$-80.7M
Free Cash FlowOCF − Capex
$-82.1M
FCF MarginFCF / Revenue
-9987.8%
Capex IntensityCapex / Revenue
172.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-139.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLTO
GLTO
INV
INV
Q4 25
$566.0K
$-80.7M
Q3 25
$-19.6M
Q2 25
$-22.1M
Q1 25
$-14.7M
Q4 24
$-4.9M
Q3 24
$-3.7M
Q2 24
$-4.1M
Q1 24
$-5.9M
Free Cash Flow
GLTO
GLTO
INV
INV
Q4 25
$-82.1M
Q3 25
$-20.0M
Q2 25
$-22.1M
Q1 25
$-15.6M
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
GLTO
GLTO
INV
INV
Q4 25
-9987.8%
Q3 25
-3747.8%
Q2 25
-4637.2%
Q1 25
-6970.1%
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
GLTO
GLTO
INV
INV
Q4 25
172.4%
Q3 25
82.2%
Q2 25
3.2%
Q1 25
409.4%
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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