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Side-by-side financial comparison of Laser Photonics Corp (LASE) and MEXCO ENERGY CORP (MXC). Click either name above to swap in a different company.

MEXCO ENERGY CORP is the larger business by last-quarter revenue ($1.4M vs $919.3K, roughly 1.5× Laser Photonics Corp). MEXCO ENERGY CORP runs the higher net margin — 3.6% vs -506.4%, a 510.1% gap on every dollar of revenue. On growth, Laser Photonics Corp posted the faster year-over-year revenue change (28.3% vs -26.8%). Over the past eight quarters, Laser Photonics Corp's revenue compounded faster (-3.9% CAGR vs -12.2%).

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.

Mexco Energy Corp is an independent upstream energy firm focused on the exploration, development, acquisition, and production of crude oil, natural gas, and natural gas liquids. It operates primarily across onshore U.S. basins including the Permian Basin and Gulf Coast, serving domestic energy markets.

LASE vs MXC — Head-to-Head

Bigger by revenue
MXC
MXC
1.5× larger
MXC
$1.4M
$919.3K
LASE
Growing faster (revenue YoY)
LASE
LASE
+55.1% gap
LASE
28.3%
-26.8%
MXC
Higher net margin
MXC
MXC
510.1% more per $
MXC
3.6%
-506.4%
LASE
Faster 2-yr revenue CAGR
LASE
LASE
Annualised
LASE
-3.9%
-12.2%
MXC

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
LASE
LASE
MXC
MXC
Revenue
$919.3K
$1.4M
Net Profit
$-4.7M
$50.2K
Gross Margin
-20.1%
Operating Margin
-350.0%
6.6%
Net Margin
-506.4%
3.6%
Revenue YoY
28.3%
-26.8%
Net Profit YoY
-186.5%
-89.3%
EPS (diluted)
$-0.27
$0.02

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
LASE
LASE
MXC
MXC
Q4 25
$1.4M
Q3 25
$919.3K
$1.7M
Q2 25
$2.6M
$1.8M
Q1 25
$2.3M
$2.0M
Q4 24
$1.3M
$1.9M
Q3 24
$716.7K
$1.7M
Q2 24
$623.4K
$1.7M
Q1 24
$743.0K
$1.8M
Net Profit
LASE
LASE
MXC
MXC
Q4 25
$50.2K
Q3 25
$-4.7M
$323.5K
Q2 25
$-1.8M
$242.0K
Q1 25
$-1.7M
$635.0K
Q4 24
$586.4K
$469.1K
Q3 24
$-1.6M
$317.2K
Q2 24
$-934.3K
$291.0K
Q1 24
$-545.7K
$264.3K
Gross Margin
LASE
LASE
MXC
MXC
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
LASE
LASE
MXC
MXC
Q4 25
6.6%
Q3 25
-350.0%
20.9%
Q2 25
-37.0%
18.3%
Q1 25
-68.7%
36.1%
Q4 24
-255.1%
23.6%
Q3 24
-238.0%
23.4%
Q2 24
-149.4%
21.8%
Q1 24
-73.8%
24.5%
Net Margin
LASE
LASE
MXC
MXC
Q4 25
3.6%
Q3 25
-506.4%
18.6%
Q2 25
-68.3%
13.3%
Q1 25
-73.4%
31.9%
Q4 24
45.7%
24.8%
Q3 24
-226.8%
18.1%
Q2 24
-149.9%
16.8%
Q1 24
-73.4%
14.7%
EPS (diluted)
LASE
LASE
MXC
MXC
Q4 25
$0.02
Q3 25
$-0.27
$0.16
Q2 25
$-0.12
$0.12
Q1 25
$-0.12
$0.30
Q4 24
$0.06
$0.22
Q3 24
$-0.13
$0.15
Q2 24
$-0.09
$0.14
Q1 24
$-0.06
$0.13

Balance Sheet & Financial Strength

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

Metric
LASE
LASE
MXC
MXC
Cash + ST InvestmentsLiquidity on hand
$3.6M
$2.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.1M
$19.3M
Total Assets
$17.5M
$20.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LASE
LASE
MXC
MXC
Q4 25
$2.3M
Q3 25
$3.6M
$2.7M
Q2 25
$78.5K
$2.5M
Q1 25
$179.1K
$1.8M
Q4 24
$533.9K
$910.0K
Q3 24
$2.1M
$1.6M
Q2 24
$2.7M
$2.5M
Q1 24
$5.2M
$2.5M
Stockholders' Equity
LASE
LASE
MXC
MXC
Q4 25
$19.3M
Q3 25
$4.1M
$19.2M
Q2 25
$4.3M
$18.8M
Q1 25
$6.8M
$18.7M
Q4 24
$10.2M
$18.0M
Q3 24
$9.7M
$17.5M
Q2 24
$10.3M
$17.7M
Q1 24
$12.4M
$17.6M
Total Assets
LASE
LASE
MXC
MXC
Q4 25
$20.6M
Q3 25
$17.5M
$20.6M
Q2 25
$14.9M
$20.6M
Q1 25
$16.0M
$20.3M
Q4 24
$17.2M
$19.5M
Q3 24
$10.6M
$19.3M
Q2 24
$11.1M
$19.4M
Q1 24
$13.6M
$19.1M

Cash Flow & Capital Efficiency

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

Metric
LASE
LASE
MXC
MXC
Operating Cash FlowLast quarter
$763.1K
$863.3K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
17.18×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LASE
LASE
MXC
MXC
Q4 25
$863.3K
Q3 25
$763.1K
$704.3K
Q2 25
$-1.0M
$1.4M
Q1 25
$-1.2M
$1.3M
Q4 24
$-6.5M
$934.7K
Q3 24
$632.7K
$927.8K
Q2 24
$-2.4M
$1.1M
Q1 24
$-866.3K
$1.1M
Free Cash Flow
LASE
LASE
MXC
MXC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$589.6K
Q2 24
$-2.4M
Q1 24
$-1.0M
FCF Margin
LASE
LASE
MXC
MXC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
82.3%
Q2 24
-388.0%
Q1 24
-136.9%
Capex Intensity
LASE
LASE
MXC
MXC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
6.0%
Q2 24
5.1%
Q1 24
20.3%
Cash Conversion
LASE
LASE
MXC
MXC
Q4 25
17.18×
Q3 25
2.18×
Q2 25
5.63×
Q1 25
2.09×
Q4 24
-11.11×
1.99×
Q3 24
2.92×
Q2 24
3.71×
Q1 24
4.01×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LASE
LASE

Segment breakdown not available.

MXC
MXC

Oil Sales$1.1M79%
Other$285.1K21%

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