vs

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

SemiLEDs Corp is the larger business by last-quarter revenue ($2.6M vs $1.3M, roughly 2.0× Korro Bio, Inc.). On growth, SemiLEDs Corp posted the faster year-over-year revenue change (103.7% vs -43.1%). SemiLEDs Corp produced more free cash flow last quarter ($331.0K vs $-79.1M).

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.

SEMI is an industry association comprising companies involved in the electronics design and manufacturing supply chain. They provide equipment, materials and services for the manufacture of semiconductors, photovoltaic panels, LED and flat panel displays, micro-electromechanical systems (MEMS), printed and flexible electronics, and related micro and nano-technologies.

KRRO vs LEDS — Head-to-Head

Bigger by revenue
LEDS
LEDS
2.0× larger
LEDS
$2.6M
$1.3M
KRRO
Growing faster (revenue YoY)
LEDS
LEDS
+146.8% gap
LEDS
103.7%
-43.1%
KRRO
More free cash flow
LEDS
LEDS
$79.4M more FCF
LEDS
$331.0K
$-79.1M
KRRO

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
KRRO
KRRO
LEDS
LEDS
Revenue
$1.3M
$2.6M
Net Profit
$-742.0K
Gross Margin
0.7%
Operating Margin
-39.4%
Net Margin
-28.9%
Revenue YoY
-43.1%
103.7%
Net Profit YoY
-136.1%
-35.6%
EPS (diluted)
$-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
KRRO
KRRO
LEDS
LEDS
Q4 25
$1.3M
$2.6M
Q3 25
$1.1M
$13.2M
Q2 25
$1.5M
$17.7M
Q1 25
$2.5M
$10.9M
Q4 24
$1.3M
Q3 24
$0
$1.3M
Q2 24
$0
$1.3M
Q1 24
$0
$886.0K
Net Profit
KRRO
KRRO
LEDS
LEDS
Q4 25
$-742.0K
Q3 25
$-18.1M
$-1.2M
Q2 25
$-25.8M
$223.0K
Q1 25
$-23.4M
$388.0K
Q4 24
$-547.0K
Q3 24
$-21.0M
Q2 24
$-21.8M
$-319.0K
Q1 24
$-19.6M
$-559.0K
Gross Margin
KRRO
KRRO
LEDS
LEDS
Q4 25
0.7%
Q3 25
1.7%
Q2 25
5.3%
Q1 25
9.2%
Q4 24
20.6%
Q3 24
11.6%
Q2 24
41.0%
Q1 24
12.6%
Operating Margin
KRRO
KRRO
LEDS
LEDS
Q4 25
-39.4%
Q3 25
-1764.9%
-9.0%
Q2 25
-1863.2%
-0.4%
Q1 25
-981.2%
1.0%
Q4 24
-52.1%
Q3 24
Q2 24
-35.8%
Q1 24
-93.9%
Net Margin
KRRO
KRRO
LEDS
LEDS
Q4 25
-28.9%
Q3 25
-1657.0%
-9.0%
Q2 25
-1765.1%
1.3%
Q1 25
-917.1%
3.6%
Q4 24
-43.4%
Q3 24
Q2 24
-24.1%
Q1 24
-63.1%
EPS (diluted)
KRRO
KRRO
LEDS
LEDS
Q4 25
$-0.09
Q3 25
$-1.92
$-0.15
Q2 25
$-2.74
$0.03
Q1 25
$-2.49
$0.05
Q4 24
$-0.08
Q3 24
$-2.26
Q2 24
$-2.43
$-0.04
Q1 24
$-2.44
$-0.11

Balance Sheet & Financial Strength

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

Metric
KRRO
KRRO
LEDS
LEDS
Cash + ST InvestmentsLiquidity on hand
$75.2M
$2.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$51.4M
$2.1M
Total Assets
$113.5M
$14.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KRRO
KRRO
LEDS
LEDS
Q4 25
$75.2M
$2.9M
Q3 25
$92.5M
$2.6M
Q2 25
$96.4M
$2.4M
Q1 25
$115.0M
$2.4M
Q4 24
$1.2M
Q3 24
$137.0M
$1.7M
Q2 24
$157.4M
$1.7M
Q1 24
$138.8M
$1.6M
Total Debt
KRRO
KRRO
LEDS
LEDS
Q4 25
Q3 25
$1.7M
Q2 25
Q1 25
Q4 24
Q3 24
$3.7M
Q2 24
Q1 24
Stockholders' Equity
KRRO
KRRO
LEDS
LEDS
Q4 25
$51.4M
$2.1M
Q3 25
$99.0M
$2.8M
Q2 25
$115.1M
$4.0M
Q1 25
$139.0M
$3.6M
Q4 24
$1.6M
Q3 24
$179.6M
$2.2M
Q2 24
$198.1M
$2.7M
Q1 24
$151.4M
$3.0M
Total Assets
KRRO
KRRO
LEDS
LEDS
Q4 25
$113.5M
$14.2M
Q3 25
$161.6M
$15.6M
Q2 25
$180.4M
$23.2M
Q1 25
$202.2M
$23.2M
Q4 24
$10.4M
Q3 24
$243.5M
$11.1M
Q2 24
$249.6M
$11.5M
Q1 24
$198.0M
$12.0M
Debt / Equity
KRRO
KRRO
LEDS
LEDS
Q4 25
Q3 25
0.61×
Q2 25
Q1 25
Q4 24
Q3 24
1.69×
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
KRRO
KRRO
LEDS
LEDS
Operating Cash FlowLast quarter
$-78.6M
$361.0K
Free Cash FlowOCF − Capex
$-79.1M
$331.0K
FCF MarginFCF / Revenue
-6120.7%
12.9%
Capex IntensityCapex / Revenue
40.1%
1.2%
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
LEDS
LEDS
Q4 25
$-78.6M
$361.0K
Q3 25
$-17.2M
Q2 25
$-19.2M
$693.0K
Q1 25
$-24.5M
$1.4M
Q4 24
$-158.0K
Q3 24
$-16.1M
Q2 24
$-14.6M
$109.0K
Q1 24
$-21.9M
$-600.0K
Free Cash Flow
KRRO
KRRO
LEDS
LEDS
Q4 25
$-79.1M
$331.0K
Q3 25
$-17.4M
Q2 25
$-19.4M
$383.0K
Q1 25
$-24.6M
$1.3M
Q4 24
$-276.0K
Q3 24
$-21.0M
Q2 24
$-20.6M
$98.0K
Q1 24
$-27.5M
$-619.0K
FCF Margin
KRRO
KRRO
LEDS
LEDS
Q4 25
-6120.7%
12.9%
Q3 25
-1592.1%
Q2 25
-1326.6%
2.2%
Q1 25
-963.6%
11.8%
Q4 24
-21.9%
Q3 24
Q2 24
7.4%
Q1 24
-69.9%
Capex Intensity
KRRO
KRRO
LEDS
LEDS
Q4 25
40.1%
1.2%
Q3 25
16.1%
0.2%
Q2 25
9.6%
1.8%
Q1 25
4.7%
1.1%
Q4 24
9.4%
Q3 24
9.3%
Q2 24
0.8%
Q1 24
2.1%
Cash Conversion
KRRO
KRRO
LEDS
LEDS
Q4 25
Q3 25
Q2 25
3.11×
Q1 25
3.62×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Related Comparisons