vs

Side-by-side financial comparison of Gossamer Bio, Inc. (GOSS) and NaaS Technology Inc. (NAAS). Click either name above to swap in a different company.

NaaS Technology Inc. is the larger business by last-quarter revenue ($25.9M vs $13.8M, roughly 1.9× Gossamer Bio, Inc.). NaaS Technology Inc. runs the higher net margin — -193.3% vs -342.3%, a 149.1% gap on every dollar of revenue. On growth, NaaS Technology Inc. posted the faster year-over-year revenue change (121.2% vs 47.1%).

Gossamer Bio, Inc. is a clinical-stage biopharmaceutical company focused on discovering, developing and commercializing novel therapeutics for patients with serious immunology, inflammation and oncology conditions. It advances a pipeline of proprietary product candidates across multiple clinical phases, primarily serving healthcare markets in North America and other global regions.

NaaS Technology Inc. is a leading electric vehicle energy service provider based in China. It delivers one-stop solutions covering charging network operation, software and hardware support for charging station operators, and value-added services such as charging location search and payment for EV owners, serving both enterprise and individual customers across domestic and select overseas markets.

GOSS vs NAAS — Head-to-Head

Bigger by revenue
NAAS
NAAS
1.9× larger
NAAS
$25.9M
$13.8M
GOSS
Growing faster (revenue YoY)
NAAS
NAAS
+74.1% gap
NAAS
121.2%
47.1%
GOSS
Higher net margin
NAAS
NAAS
149.1% more per $
NAAS
-193.3%
-342.3%
GOSS

Income Statement — Q4 FY2025 vs Q2 FY2024

Metric
GOSS
GOSS
NAAS
NAAS
Revenue
$13.8M
$25.9M
Net Profit
$-47.2M
$-50.0M
Gross Margin
29.2%
Operating Margin
-333.6%
-144.2%
Net Margin
-342.3%
-193.3%
Revenue YoY
47.1%
121.2%
Net Profit YoY
-43.0%
18.4%
EPS (diluted)
$-0.21
$-0.02

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
GOSS
GOSS
NAAS
NAAS
Q4 25
$13.8M
Q3 25
$13.3M
Q2 24
$95.8M
$25.9M
Q1 24
$0
Q3 23
$0
Q2 23
$0
Net Profit
GOSS
GOSS
NAAS
NAAS
Q4 25
$-47.2M
Q3 25
$-48.2M
Q2 24
$49.2M
$-50.0M
Q1 24
$-41.9M
Q3 23
$-40.0M
Q2 23
$-42.5M
Gross Margin
GOSS
GOSS
NAAS
NAAS
Q4 25
Q3 25
Q2 24
29.2%
Q1 24
Q3 23
Q2 23
Operating Margin
GOSS
GOSS
NAAS
NAAS
Q4 25
-333.6%
Q3 25
-369.4%
Q2 24
54.3%
-144.2%
Q1 24
Q3 23
Q2 23
Net Margin
GOSS
GOSS
NAAS
NAAS
Q4 25
-342.3%
Q3 25
-362.7%
Q2 24
51.4%
-193.3%
Q1 24
Q3 23
Q2 23
EPS (diluted)
GOSS
GOSS
NAAS
NAAS
Q4 25
$-0.21
Q3 25
$-0.21
Q2 24
$0.22
$-0.02
Q1 24
$-0.19
Q3 23
$-0.21
Q2 23
$-0.45

Balance Sheet & Financial Strength

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

Metric
GOSS
GOSS
NAAS
NAAS
Cash + ST InvestmentsLiquidity on hand
$136.9M
$24.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$-122.8M
$-33.4M
Total Assets
$172.2M
$180.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GOSS
GOSS
NAAS
NAAS
Q4 25
$136.9M
Q3 25
$180.2M
Q2 24
$354.5M
$24.7M
Q1 24
$244.4M
Q3 23
$328.9M
Q2 23
$162.1M
Stockholders' Equity
GOSS
GOSS
NAAS
NAAS
Q4 25
$-122.8M
Q3 25
$-82.3M
Q2 24
$81.5M
$-33.4M
Q1 24
$26.7M
Q3 23
$104.6M
Q2 23
$-62.8M
Total Assets
GOSS
GOSS
NAAS
NAAS
Q4 25
$172.2M
Q3 25
$208.8M
Q2 24
$373.4M
$180.2M
Q1 24
$259.4M
Q3 23
$347.9M
Q2 23
$181.7M

Cash Flow & Capital Efficiency

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

Metric
GOSS
GOSS
NAAS
NAAS
Operating Cash FlowLast quarter
$-48.3M
$-25.7M
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
GOSS
GOSS
NAAS
NAAS
Q4 25
$-48.3M
Q3 25
$-36.2M
Q2 24
$116.3M
$-25.7M
Q1 24
$-52.3M
Q3 23
$-34.5M
Q2 23
$-38.3M
Capex Intensity
GOSS
GOSS
NAAS
NAAS
Q4 25
0.0%
Q3 25
0.0%
Q2 24
0.0%
Q1 24
Q3 23
Q2 23
Cash Conversion
GOSS
GOSS
NAAS
NAAS
Q4 25
Q3 25
Q2 24
2.36×
Q1 24
Q3 23
Q2 23

Financial Flow Comparison

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

Related Comparisons