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Side-by-side financial comparison of Gossamer Bio, Inc. (GOSS) and PURE CYCLE CORP (PCYO). Click either name above to swap in a different company.

Gossamer Bio, Inc. is the larger business by last-quarter revenue ($13.8M vs $9.1M, roughly 1.5× PURE CYCLE CORP). PURE CYCLE CORP runs the higher net margin — 50.0% vs -342.3%, a 392.3% gap on every dollar of revenue. On growth, PURE CYCLE CORP posted the faster year-over-year revenue change (58.8% 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.

Pure Cycles, is a bicycle company based in Los Angeles, California that was founded by Michael Fishman, Jordan Schau, Zachary Schau and Austin Stoffers in 2010, as Pure Fix Cycles.

GOSS vs PCYO — Head-to-Head

Bigger by revenue
GOSS
GOSS
1.5× larger
GOSS
$13.8M
$9.1M
PCYO
Growing faster (revenue YoY)
PCYO
PCYO
+11.7% gap
PCYO
58.8%
47.1%
GOSS
Higher net margin
PCYO
PCYO
392.3% more per $
PCYO
50.0%
-342.3%
GOSS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
GOSS
GOSS
PCYO
PCYO
Revenue
$13.8M
$9.1M
Net Profit
$-47.2M
$4.6M
Gross Margin
68.4%
Operating Margin
-333.6%
48.0%
Net Margin
-342.3%
50.0%
Revenue YoY
47.1%
58.8%
Net Profit YoY
-43.0%
16.0%
EPS (diluted)
$-0.21
$0.19

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
GOSS
GOSS
PCYO
PCYO
Q4 25
$13.8M
$9.1M
Q3 25
$13.3M
$11.2M
Q2 25
$5.1M
Q1 25
$4.0M
Q4 24
$5.8M
Q3 24
$12.6M
Q2 24
$95.8M
$7.6M
Q1 24
$0
$3.2M
Net Profit
GOSS
GOSS
PCYO
PCYO
Q4 25
$-47.2M
$4.6M
Q3 25
$-48.2M
$6.1M
Q2 25
$2.3M
Q1 25
$809.0K
Q4 24
$3.9M
Q3 24
$6.6M
Q2 24
$49.2M
$2.8M
Q1 24
$-41.9M
$118.0K
Gross Margin
GOSS
GOSS
PCYO
PCYO
Q4 25
68.4%
Q3 25
67.7%
Q2 25
63.4%
Q1 25
38.2%
Q4 24
63.8%
Q3 24
77.8%
Q2 24
64.0%
Q1 24
55.6%
Operating Margin
GOSS
GOSS
PCYO
PCYO
Q4 25
-333.6%
48.0%
Q3 25
-369.4%
53.1%
Q2 25
26.0%
Q1 25
-33.2%
Q4 24
29.9%
Q3 24
62.0%
Q2 24
54.3%
40.3%
Q1 24
-11.5%
Net Margin
GOSS
GOSS
PCYO
PCYO
Q4 25
-342.3%
50.0%
Q3 25
-362.7%
54.5%
Q2 25
43.9%
Q1 25
20.3%
Q4 24
68.4%
Q3 24
52.6%
Q2 24
51.4%
37.2%
Q1 24
3.7%
EPS (diluted)
GOSS
GOSS
PCYO
PCYO
Q4 25
$-0.21
$0.19
Q3 25
$-0.21
$0.26
Q2 25
$0.09
Q1 25
$0.03
Q4 24
$0.16
Q3 24
$0.27
Q2 24
$0.22
$0.12
Q1 24
$-0.19
$0.00

Balance Sheet & Financial Strength

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

Metric
GOSS
GOSS
PCYO
PCYO
Cash + ST InvestmentsLiquidity on hand
$136.9M
$17.1M
Total DebtLower is stronger
$8.0M
Stockholders' EquityBook value
$-122.8M
$147.5M
Total Assets
$172.2M
$168.1M
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GOSS
GOSS
PCYO
PCYO
Q4 25
$136.9M
$17.1M
Q3 25
$180.2M
$21.9M
Q2 25
$14.4M
Q1 25
$16.5M
Q4 24
$19.0M
Q3 24
$22.1M
Q2 24
$354.5M
$20.5M
Q1 24
$244.4M
$20.6M
Total Debt
GOSS
GOSS
PCYO
PCYO
Q4 25
$8.0M
Q3 25
$6.8M
Q2 25
$6.9M
Q1 25
$6.9M
Q4 24
$6.9M
Q3 24
$6.9M
Q2 24
Q1 24
Stockholders' Equity
GOSS
GOSS
PCYO
PCYO
Q4 25
$-122.8M
$147.5M
Q3 25
$-82.3M
$142.7M
Q2 25
$136.7M
Q1 25
$134.4M
Q4 24
$133.6M
Q3 24
$129.7M
Q2 24
$81.5M
$123.2M
Q1 24
$26.7M
$120.4M
Total Assets
GOSS
GOSS
PCYO
PCYO
Q4 25
$172.2M
$168.1M
Q3 25
$208.8M
$162.3M
Q2 25
$151.7M
Q1 25
$149.7M
Q4 24
$149.7M
Q3 24
$147.4M
Q2 24
$373.4M
$140.4M
Q1 24
$259.4M
$135.2M
Debt / Equity
GOSS
GOSS
PCYO
PCYO
Q4 25
0.05×
Q3 25
0.05×
Q2 25
0.05×
Q1 25
0.05×
Q4 24
0.05×
Q3 24
0.05×
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
GOSS
GOSS
PCYO
PCYO
Operating Cash FlowLast quarter
$-48.3M
$-979.0K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
-0.21×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GOSS
GOSS
PCYO
PCYO
Q4 25
$-48.3M
$-979.0K
Q3 25
$-36.2M
$9.4M
Q2 25
$-503.0K
Q1 25
$-1.4M
Q4 24
$5.7M
Q3 24
$3.1M
Q2 24
$116.3M
$892.0K
Q1 24
$-52.3M
$-457.0K
Capex Intensity
GOSS
GOSS
PCYO
PCYO
Q4 25
0.0%
Q3 25
0.0%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.0%
Q1 24
Cash Conversion
GOSS
GOSS
PCYO
PCYO
Q4 25
-0.21×
Q3 25
1.53×
Q2 25
-0.22×
Q1 25
-1.70×
Q4 24
1.44×
Q3 24
0.47×
Q2 24
2.36×
0.32×
Q1 24
-3.87×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GOSS
GOSS

Segment breakdown not available.

PCYO
PCYO

Construction$6.5M71%
Water And Wastewater Resource Development Segment$2.5M27%

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