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

Laser Photonics Corp is the larger business by last-quarter revenue ($919.3K vs $890.0K, roughly 1.0× OneMedNet Corp). OneMedNet Corp runs the higher net margin — -352.8% vs -506.4%, a 153.6% gap on every dollar of revenue. On growth, OneMedNet Corp posted the faster year-over-year revenue change (3323.1% vs 28.3%). Over the past eight quarters, OneMedNet Corp's revenue compounded faster (66.3% CAGR vs -3.9%).

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.

OneMedNet Corp is a U.S.-headquartered healthcare tech firm offering secure cloud-based data sharing and workflow solutions for medical imaging and patient health information. It serves healthcare providers, insurance payers, and life sciences groups, with its core operating market centered in North America.

LASE vs ONMD — Head-to-Head

Bigger by revenue
LASE
LASE
1.0× larger
LASE
$919.3K
$890.0K
ONMD
Growing faster (revenue YoY)
ONMD
ONMD
+3294.8% gap
ONMD
3323.1%
28.3%
LASE
Higher net margin
ONMD
ONMD
153.6% more per $
ONMD
-352.8%
-506.4%
LASE
Faster 2-yr revenue CAGR
ONMD
ONMD
Annualised
ONMD
66.3%
-3.9%
LASE

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
LASE
LASE
ONMD
ONMD
Revenue
$919.3K
$890.0K
Net Profit
$-4.7M
$-3.1M
Gross Margin
-20.1%
20.7%
Operating Margin
-350.0%
-353.4%
Net Margin
-506.4%
-352.8%
Revenue YoY
28.3%
3323.1%
Net Profit YoY
-186.5%
-32.3%
EPS (diluted)
$-0.27
$-0.06

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
ONMD
ONMD
Q4 25
$890.0K
Q3 25
$919.3K
$177.0K
Q2 25
$2.6M
$155.0K
Q1 25
$2.3M
$137.0K
Q4 24
$1.3M
Q3 24
$716.7K
$142.0K
Q2 24
$623.4K
$227.0K
Q1 24
$743.0K
$248.0K
Net Profit
LASE
LASE
ONMD
ONMD
Q4 25
$-3.1M
Q3 25
$-4.7M
$-741.0K
Q2 25
$-1.8M
$3.0M
Q1 25
$-1.7M
$-1.9M
Q4 24
$586.4K
Q3 24
$-1.6M
$-2.1M
Q2 24
$-934.3K
$-3.6M
Q1 24
$-545.7K
$-2.1M
Gross Margin
LASE
LASE
ONMD
ONMD
Q4 25
20.7%
Q3 25
-20.1%
-125.4%
Q2 25
53.5%
-155.5%
Q1 25
49.8%
-163.5%
Q4 24
13.3%
Q3 24
85.0%
-59.2%
Q2 24
50.6%
-44.9%
Q1 24
51.9%
-27.8%
Operating Margin
LASE
LASE
ONMD
ONMD
Q4 25
-353.4%
Q3 25
-350.0%
-1262.7%
Q2 25
-37.0%
-1331.0%
Q1 25
-68.7%
-1623.4%
Q4 24
-255.1%
Q3 24
-238.0%
-1645.1%
Q2 24
-149.4%
-1081.1%
Q1 24
-73.8%
-847.2%
Net Margin
LASE
LASE
ONMD
ONMD
Q4 25
-352.8%
Q3 25
-506.4%
-418.6%
Q2 25
-68.3%
1923.9%
Q1 25
-73.4%
-1388.3%
Q4 24
45.7%
Q3 24
-226.8%
-1449.3%
Q2 24
-149.9%
-1581.1%
Q1 24
-73.4%
-850.4%
EPS (diluted)
LASE
LASE
ONMD
ONMD
Q4 25
$-0.06
Q3 25
$-0.27
$-0.01
Q2 25
$-0.12
$0.07
Q1 25
$-0.12
$-0.06
Q4 24
$0.06
Q3 24
$-0.13
$-0.07
Q2 24
$-0.09
$-0.14
Q1 24
$-0.06
$-0.08

Balance Sheet & Financial Strength

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

Metric
LASE
LASE
ONMD
ONMD
Cash + ST InvestmentsLiquidity on hand
$3.6M
$585.0K
Total DebtLower is stronger
$220.0K
Stockholders' EquityBook value
$4.1M
$-3.0M
Total Assets
$17.5M
$2.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LASE
LASE
ONMD
ONMD
Q4 25
$585.0K
Q3 25
$3.6M
$149.0K
Q2 25
$78.5K
$122.0K
Q1 25
$179.1K
$144.0K
Q4 24
$533.9K
Q3 24
$2.1M
$1.9M
Q2 24
$2.7M
$407.0K
Q1 24
$5.2M
$174.0K
Total Debt
LASE
LASE
ONMD
ONMD
Q4 25
$220.0K
Q3 25
Q2 25
Q1 25
$2.3M
Q4 24
Q3 24
$2.3M
Q2 24
$2.4M
Q1 24
Stockholders' Equity
LASE
LASE
ONMD
ONMD
Q4 25
$-3.0M
Q3 25
$4.1M
$-3.9M
Q2 25
$4.3M
$-3.8M
Q1 25
$6.8M
$-16.6M
Q4 24
$10.2M
Q3 24
$9.7M
$-14.3M
Q2 24
$10.3M
$-19.2M
Q1 24
$12.4M
$-15.7M
Total Assets
LASE
LASE
ONMD
ONMD
Q4 25
$2.2M
Q3 25
$17.5M
$1.5M
Q2 25
$14.9M
$2.3M
Q1 25
$16.0M
$1.7M
Q4 24
$17.2M
Q3 24
$10.6M
$4.4M
Q2 24
$11.1M
$1.0M
Q1 24
$13.6M
$750.0K

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
ONMD
ONMD
Operating Cash FlowLast quarter
$763.1K
$-1.7M
Free Cash FlowOCF − Capex
$-1.7M
FCF MarginFCF / Revenue
-193.0%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LASE
LASE
ONMD
ONMD
Q4 25
$-1.7M
Q3 25
$763.1K
$-1.6M
Q2 25
$-1.0M
$-2.3M
Q1 25
$-1.2M
$-1.9M
Q4 24
$-6.5M
Q3 24
$632.7K
$-1.9M
Q2 24
$-2.4M
$-1.5M
Q1 24
$-866.3K
$-1.5M
Free Cash Flow
LASE
LASE
ONMD
ONMD
Q4 25
$-1.7M
Q3 25
Q2 25
$-2.3M
Q1 25
$-2.0M
Q4 24
Q3 24
$589.6K
$-1.9M
Q2 24
$-2.4M
$-1.5M
Q1 24
$-1.0M
$-1.6M
FCF Margin
LASE
LASE
ONMD
ONMD
Q4 25
-193.0%
Q3 25
Q2 25
-1475.5%
Q1 25
-1425.5%
Q4 24
Q3 24
82.3%
-1346.5%
Q2 24
-388.0%
-663.9%
Q1 24
-136.9%
-626.2%
Capex Intensity
LASE
LASE
ONMD
ONMD
Q4 25
0.6%
Q3 25
0.0%
Q2 25
1.9%
Q1 25
3.6%
Q4 24
Q3 24
6.0%
6.3%
Q2 24
5.1%
0.4%
Q1 24
20.3%
2.4%
Cash Conversion
LASE
LASE
ONMD
ONMD
Q4 25
Q3 25
Q2 25
-0.77×
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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