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

Gossamer Bio, Inc. is the larger business by last-quarter revenue ($13.8M vs $12.2M, roughly 1.1× Recon Technology, Ltd). Recon Technology, Ltd runs the higher net margin — -6.8% vs -342.3%, a 335.5% gap on every dollar of revenue. On growth, Recon Technology, Ltd posted the faster year-over-year revenue change (111.0% 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.

Recon Instruments Inc. was a Canadian technology company that produced smartglasses and wearable displays marketed by the company as "heads-up displays" for sports. Recon's products delivered live activity metrics, GPS maps, and notifications directly to the user's eye. Recon's first heads-up display offering was released commercially in October 2010, roughly a year and a half before Google introduced Google Glass.

GOSS vs RCON — Head-to-Head

Bigger by revenue
GOSS
GOSS
1.1× larger
GOSS
$13.8M
$12.2M
RCON
Growing faster (revenue YoY)
RCON
RCON
+63.9% gap
RCON
111.0%
47.1%
GOSS
Higher net margin
RCON
RCON
335.5% more per $
RCON
-6.8%
-342.3%
GOSS

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
GOSS
GOSS
RCON
RCON
Revenue
$13.8M
$12.2M
Net Profit
$-47.2M
$-832.7K
Gross Margin
33.5%
Operating Margin
-333.6%
-14.6%
Net Margin
-342.3%
-6.8%
Revenue YoY
47.1%
111.0%
Net Profit YoY
-43.0%
70.5%
EPS (diluted)
$-0.21
$-0.09

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
RCON
RCON
Q4 25
$13.8M
$12.2M
Q3 25
$13.3M
Q4 24
$5.8M
Q2 24
$95.8M
Q1 24
$0
Q4 23
$6.4M
Q3 23
$0
Q2 23
$0
Net Profit
GOSS
GOSS
RCON
RCON
Q4 25
$-47.2M
$-832.7K
Q3 25
$-48.2M
Q4 24
$-2.8M
Q2 24
$49.2M
Q1 24
$-41.9M
Q4 23
$-3.2M
Q3 23
$-40.0M
Q2 23
$-42.5M
Gross Margin
GOSS
GOSS
RCON
RCON
Q4 25
33.5%
Q3 25
Q4 24
31.7%
Q2 24
Q1 24
Q4 23
26.7%
Q3 23
Q2 23
Operating Margin
GOSS
GOSS
RCON
RCON
Q4 25
-333.6%
-14.6%
Q3 25
-369.4%
Q4 24
-63.9%
Q2 24
54.3%
Q1 24
Q4 23
-50.4%
Q3 23
Q2 23
Net Margin
GOSS
GOSS
RCON
RCON
Q4 25
-342.3%
-6.8%
Q3 25
-362.7%
Q4 24
-48.9%
Q2 24
51.4%
Q1 24
Q4 23
-49.8%
Q3 23
Q2 23
EPS (diluted)
GOSS
GOSS
RCON
RCON
Q4 25
$-0.21
$-0.09
Q3 25
$-0.21
Q4 24
$-0.31
Q2 24
$0.22
Q1 24
$-0.19
Q4 23
$-1.16
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
RCON
RCON
Cash + ST InvestmentsLiquidity on hand
$136.9M
$10.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$-122.8M
$66.4M
Total Assets
$172.2M
$77.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GOSS
GOSS
RCON
RCON
Q4 25
$136.9M
$10.7M
Q3 25
$180.2M
Q4 24
$19.9M
Q2 24
$354.5M
Q1 24
$244.4M
Q4 23
$36.0M
Q3 23
$328.9M
Q2 23
$162.1M
Stockholders' Equity
GOSS
GOSS
RCON
RCON
Q4 25
$-122.8M
$66.4M
Q3 25
$-82.3M
Q4 24
$66.9M
Q2 24
$81.5M
Q1 24
$26.7M
Q4 23
$60.0M
Q3 23
$104.6M
Q2 23
$-62.8M
Total Assets
GOSS
GOSS
RCON
RCON
Q4 25
$172.2M
$77.6M
Q3 25
$208.8M
Q4 24
$74.2M
Q2 24
$373.4M
Q1 24
$259.4M
Q4 23
$68.1M
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
RCON
RCON
Operating Cash FlowLast quarter
$-48.3M
$-1.9M
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
RCON
RCON
Q4 25
$-48.3M
$-1.9M
Q3 25
$-36.2M
Q4 24
$-1.7M
Q2 24
$116.3M
Q1 24
$-52.3M
Q4 23
$-931.0K
Q3 23
$-34.5M
Q2 23
$-38.3M
Capex Intensity
GOSS
GOSS
RCON
RCON
Q4 25
0.0%
Q3 25
0.0%
Q4 24
Q2 24
0.0%
Q1 24
Q4 23
Q3 23
Q2 23
Cash Conversion
GOSS
GOSS
RCON
RCON
Q4 25
Q3 25
Q4 24
Q2 24
2.36×
Q1 24
Q4 23
Q3 23
Q2 23

Financial Flow Comparison

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

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