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Side-by-side financial comparison of Korro Bio, Inc. (KRRO) and Laser Photonics Corp (LASE). Click either name above to swap in a different company.

Korro Bio, Inc. is the larger business by last-quarter revenue ($1.3M vs $919.3K, roughly 1.4× Laser Photonics Corp). On growth, Laser Photonics Corp posted the faster year-over-year revenue change (28.3% vs -43.1%).

Korro Bio, Inc. is a clinical-stage biotechnology company focused on developing innovative RNA editing therapies for rare and severe genetic diseases. It leverages its proprietary oligonucleotide platform to target disease-causing mutations, with core pipelines covering ophthalmology, respiratory and neuromuscular disorder segments, striving to address unmet medical needs for global patients.

IPG Photonics Corporation is a manufacturer of fiber lasers. IPG Photonics developed and commercialized optical fiber lasers, which are used in a variety of applications including materials processing, medical applications and telecommunications. IPG has manufacturing facilities in the United States, Germany, Russia and Italy.

KRRO vs LASE — Head-to-Head

Bigger by revenue
KRRO
KRRO
1.4× larger
KRRO
$1.3M
$919.3K
LASE
Growing faster (revenue YoY)
LASE
LASE
+71.4% gap
LASE
28.3%
-43.1%
KRRO

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
KRRO
KRRO
LASE
LASE
Revenue
$1.3M
$919.3K
Net Profit
$-4.7M
Gross Margin
-20.1%
Operating Margin
-350.0%
Net Margin
-506.4%
Revenue YoY
-43.1%
28.3%
Net Profit YoY
-136.1%
-186.5%
EPS (diluted)
$-0.27

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
KRRO
KRRO
LASE
LASE
Q4 25
$1.3M
Q3 25
$1.1M
$919.3K
Q2 25
$1.5M
$2.6M
Q1 25
$2.5M
$2.3M
Q4 24
$1.3M
Q3 24
$0
$716.7K
Q2 24
$0
$623.4K
Q1 24
$0
$743.0K
Net Profit
KRRO
KRRO
LASE
LASE
Q4 25
Q3 25
$-18.1M
$-4.7M
Q2 25
$-25.8M
$-1.8M
Q1 25
$-23.4M
$-1.7M
Q4 24
$586.4K
Q3 24
$-21.0M
$-1.6M
Q2 24
$-21.8M
$-934.3K
Q1 24
$-19.6M
$-545.7K
Gross Margin
KRRO
KRRO
LASE
LASE
Q4 25
Q3 25
-20.1%
Q2 25
53.5%
Q1 25
49.8%
Q4 24
13.3%
Q3 24
85.0%
Q2 24
50.6%
Q1 24
51.9%
Operating Margin
KRRO
KRRO
LASE
LASE
Q4 25
Q3 25
-1764.9%
-350.0%
Q2 25
-1863.2%
-37.0%
Q1 25
-981.2%
-68.7%
Q4 24
-255.1%
Q3 24
-238.0%
Q2 24
-149.4%
Q1 24
-73.8%
Net Margin
KRRO
KRRO
LASE
LASE
Q4 25
Q3 25
-1657.0%
-506.4%
Q2 25
-1765.1%
-68.3%
Q1 25
-917.1%
-73.4%
Q4 24
45.7%
Q3 24
-226.8%
Q2 24
-149.9%
Q1 24
-73.4%
EPS (diluted)
KRRO
KRRO
LASE
LASE
Q4 25
Q3 25
$-1.92
$-0.27
Q2 25
$-2.74
$-0.12
Q1 25
$-2.49
$-0.12
Q4 24
$0.06
Q3 24
$-2.26
$-0.13
Q2 24
$-2.43
$-0.09
Q1 24
$-2.44
$-0.06

Balance Sheet & Financial Strength

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

Metric
KRRO
KRRO
LASE
LASE
Cash + ST InvestmentsLiquidity on hand
$75.2M
$3.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$51.4M
$4.1M
Total Assets
$113.5M
$17.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KRRO
KRRO
LASE
LASE
Q4 25
$75.2M
Q3 25
$92.5M
$3.6M
Q2 25
$96.4M
$78.5K
Q1 25
$115.0M
$179.1K
Q4 24
$533.9K
Q3 24
$137.0M
$2.1M
Q2 24
$157.4M
$2.7M
Q1 24
$138.8M
$5.2M
Stockholders' Equity
KRRO
KRRO
LASE
LASE
Q4 25
$51.4M
Q3 25
$99.0M
$4.1M
Q2 25
$115.1M
$4.3M
Q1 25
$139.0M
$6.8M
Q4 24
$10.2M
Q3 24
$179.6M
$9.7M
Q2 24
$198.1M
$10.3M
Q1 24
$151.4M
$12.4M
Total Assets
KRRO
KRRO
LASE
LASE
Q4 25
$113.5M
Q3 25
$161.6M
$17.5M
Q2 25
$180.4M
$14.9M
Q1 25
$202.2M
$16.0M
Q4 24
$17.2M
Q3 24
$243.5M
$10.6M
Q2 24
$249.6M
$11.1M
Q1 24
$198.0M
$13.6M

Cash Flow & Capital Efficiency

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

Metric
KRRO
KRRO
LASE
LASE
Operating Cash FlowLast quarter
$-78.6M
$763.1K
Free Cash FlowOCF − Capex
$-79.1M
FCF MarginFCF / Revenue
-6120.7%
Capex IntensityCapex / Revenue
40.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-140.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KRRO
KRRO
LASE
LASE
Q4 25
$-78.6M
Q3 25
$-17.2M
$763.1K
Q2 25
$-19.2M
$-1.0M
Q1 25
$-24.5M
$-1.2M
Q4 24
$-6.5M
Q3 24
$-16.1M
$632.7K
Q2 24
$-14.6M
$-2.4M
Q1 24
$-21.9M
$-866.3K
Free Cash Flow
KRRO
KRRO
LASE
LASE
Q4 25
$-79.1M
Q3 25
$-17.4M
Q2 25
$-19.4M
Q1 25
$-24.6M
Q4 24
Q3 24
$-21.0M
$589.6K
Q2 24
$-20.6M
$-2.4M
Q1 24
$-27.5M
$-1.0M
FCF Margin
KRRO
KRRO
LASE
LASE
Q4 25
-6120.7%
Q3 25
-1592.1%
Q2 25
-1326.6%
Q1 25
-963.6%
Q4 24
Q3 24
82.3%
Q2 24
-388.0%
Q1 24
-136.9%
Capex Intensity
KRRO
KRRO
LASE
LASE
Q4 25
40.1%
Q3 25
16.1%
Q2 25
9.6%
Q1 25
4.7%
Q4 24
Q3 24
6.0%
Q2 24
5.1%
Q1 24
20.3%
Cash Conversion
KRRO
KRRO
LASE
LASE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-11.11×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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