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Side-by-side financial comparison of Opus Genetics, Inc. (IRD) and IF Bancorp, Inc. (IROQ). Click either name above to swap in a different company.

IF Bancorp, Inc. is the larger business by last-quarter revenue ($7.3M vs $3.9M, roughly 1.9× Opus Genetics, Inc.). On growth, IF Bancorp, Inc. posted the faster year-over-year revenue change (16.8% vs -10.2%). Over the past eight quarters, Opus Genetics, Inc.'s revenue compounded faster (50.3% CAGR vs 16.5%).

Opus Genetics, Inc. is a clinical-stage biotechnology company specializing in the development of targeted gene therapies for inherited retinal diseases. It focuses on addressing unmet medical needs for patients living with rare, vision-threatening ocular conditions, with operations centered on advancing accessible therapeutic candidates for global rare disease patient populations.

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

IRD vs IROQ — Head-to-Head

Bigger by revenue
IROQ
IROQ
1.9× larger
IROQ
$7.3M
$3.9M
IRD
Growing faster (revenue YoY)
IROQ
IROQ
+27.0% gap
IROQ
16.8%
-10.2%
IRD
Faster 2-yr revenue CAGR
IRD
IRD
Annualised
IRD
50.3%
16.5%
IROQ

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
IRD
IRD
IROQ
IROQ
Revenue
$3.9M
$7.3M
Net Profit
$1.3M
Gross Margin
Operating Margin
24.9%
Net Margin
18.1%
Revenue YoY
-10.2%
16.8%
Net Profit YoY
53.0%
8.9%
EPS (diluted)
$0.41

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
IRD
IRD
IROQ
IROQ
Q4 25
$3.9M
$7.3M
Q3 25
$3.1M
$7.3M
Q2 25
$2.9M
$6.9M
Q1 25
$4.4M
$6.4M
Q4 24
$4.3M
$6.3M
Q3 24
$3.9M
$6.2M
Q2 24
$1.1M
$5.7M
Q1 24
$1.7M
$5.4M
Net Profit
IRD
IRD
IROQ
IROQ
Q4 25
$1.3M
Q3 25
$-17.5M
$1.4M
Q2 25
$-7.4M
$1.4M
Q1 25
$-8.2M
$1.0M
Q4 24
$1.2M
Q3 24
$-7.5M
$633.0K
Q2 24
$-7.8M
$431.0K
Q1 24
$-7.1M
$708.0K
Operating Margin
IRD
IRD
IROQ
IROQ
Q4 25
24.9%
Q3 25
-269.9%
26.0%
Q2 25
-309.0%
29.1%
Q1 25
-227.2%
21.7%
Q4 24
26.8%
Q3 24
-207.1%
13.7%
Q2 24
-748.9%
9.3%
Q1 24
-450.5%
17.6%
Net Margin
IRD
IRD
IROQ
IROQ
Q4 25
18.1%
Q3 25
-566.9%
19.0%
Q2 25
-257.5%
21.0%
Q1 25
-187.5%
15.8%
Q4 24
19.4%
Q3 24
-194.6%
10.2%
Q2 24
-698.3%
7.6%
Q1 24
-415.3%
13.1%
EPS (diluted)
IRD
IRD
IROQ
IROQ
Q4 25
$0.41
Q3 25
$-0.25
$0.43
Q2 25
$-0.12
$0.48
Q1 25
$-0.24
$0.31
Q4 24
$0.38
Q3 24
$-0.29
$0.20
Q2 24
$-0.30
$0.15
Q1 24
$-0.29
$0.22

Balance Sheet & Financial Strength

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

Metric
IRD
IRD
IROQ
IROQ
Cash + ST InvestmentsLiquidity on hand
$45.1M
$8.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$15.3M
$87.4M
Total Assets
$50.2M
$830.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRD
IRD
IROQ
IROQ
Q4 25
$45.1M
$8.8M
Q3 25
$30.8M
$8.0M
Q2 25
$32.4M
$20.1M
Q1 25
$41.8M
$8.9M
Q4 24
$30.3M
$5.9M
Q3 24
$36.6M
$7.8M
Q2 24
$41.4M
$9.6M
Q1 24
$47.2M
$16.1M
Stockholders' Equity
IRD
IRD
IROQ
IROQ
Q4 25
$15.3M
$87.4M
Q3 25
$6.0M
$84.5M
Q2 25
$17.5M
$81.8M
Q1 25
$5.1M
$78.9M
Q4 24
$6.7M
$75.9M
Q3 24
$34.3M
$78.8M
Q2 24
$40.6M
$73.9M
Q1 24
$46.1M
$72.4M
Total Assets
IRD
IRD
IROQ
IROQ
Q4 25
$50.2M
$830.4M
Q3 25
$36.1M
$862.3M
Q2 25
$38.7M
$887.7M
Q1 25
$48.2M
$879.1M
Q4 24
$36.9M
$885.1M
Q3 24
$40.4M
$893.4M
Q2 24
$44.8M
$887.7M
Q1 24
$51.8M
$905.0M

Cash Flow & Capital Efficiency

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

Metric
IRD
IRD
IROQ
IROQ
Operating Cash FlowLast quarter
$-35.3M
$1.8M
Free Cash FlowOCF − Capex
$1.7M
FCF MarginFCF / Revenue
23.7%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
1.36×
TTM Free Cash FlowTrailing 4 quarters
$9.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRD
IRD
IROQ
IROQ
Q4 25
$-35.3M
$1.8M
Q3 25
$-6.2M
$-539.0K
Q2 25
$-10.3M
$6.8M
Q1 25
$-9.0M
$1.8M
Q4 24
$-25.6M
$-155.0K
Q3 24
$-5.1M
$2.2M
Q2 24
$-7.3M
$2.3M
Q1 24
$-5.7M
$19.0K
Free Cash Flow
IRD
IRD
IROQ
IROQ
Q4 25
$1.7M
Q3 25
$-582.0K
Q2 25
$6.5M
Q1 25
$1.8M
Q4 24
$-226.0K
Q3 24
$2.1M
Q2 24
$2.0M
Q1 24
$-67.0K
FCF Margin
IRD
IRD
IROQ
IROQ
Q4 25
23.7%
Q3 25
-7.9%
Q2 25
95.1%
Q1 25
28.2%
Q4 24
-3.6%
Q3 24
33.6%
Q2 24
35.7%
Q1 24
-1.2%
Capex Intensity
IRD
IRD
IROQ
IROQ
Q4 25
0.9%
Q3 25
0.6%
Q2 25
3.5%
Q1 25
0.4%
Q4 24
1.1%
Q3 24
1.2%
Q2 24
4.3%
Q1 24
1.6%
Cash Conversion
IRD
IRD
IROQ
IROQ
Q4 25
1.36×
Q3 25
-0.39×
Q2 25
4.69×
Q1 25
1.81×
Q4 24
-0.13×
Q3 24
3.42×
Q2 24
5.30×
Q1 24
0.03×

Financial Flow Comparison

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

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