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Side-by-side financial comparison of Laser Photonics Corp (LASE) and Serve Robotics Inc. (SERV). Click either name above to swap in a different company.
Laser Photonics Corp is the larger business by last-quarter revenue ($919.3K vs $881.5K, roughly 1.0× Serve Robotics Inc.). Laser Photonics Corp runs the higher net margin — -506.4% vs -3888.1%, a 3381.7% gap on every dollar of revenue. On growth, Serve Robotics Inc. posted the faster year-over-year revenue change (400.1% vs 28.3%). Over the past eight quarters, Serve Robotics Inc.'s revenue compounded faster (-3.5% 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.
Ecovacs Robotics is a Chinese technology company. It is best known for developing in-home robotic appliances. The company was founded in 1998 by Qian Dongqi and is headquartered in Suzhou, China. According to Global Asia, Ecovacs Robotics had more than 60% of the Chinese market for robots by 2013. In 2023, Nikkei Asia had reported that the market capitalisation of Ecovacs Robotics has grown to near $6.38 billion, which is "roughly 5 times" that of the market capitalisation of rivalling US bas...
LASE vs SERV — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $919.3K | $881.5K |
| Net Profit | $-4.7M | $-34.3M |
| Gross Margin | -20.1% | -757.3% |
| Operating Margin | -350.0% | -4572.1% |
| Net Margin | -506.4% | -3888.1% |
| Revenue YoY | 28.3% | 400.1% |
| Net Profit YoY | -186.5% | -161.3% |
| EPS (diluted) | $-0.27 | $-0.50 |
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.
| Q4 25 | — | $881.5K | ||
| Q3 25 | $919.3K | $687.0K | ||
| Q2 25 | $2.6M | $642.0K | ||
| Q1 25 | $2.3M | $440.5K | ||
| Q4 24 | $1.3M | $176.3K | ||
| Q3 24 | $716.7K | $222.0K | ||
| Q2 24 | $623.4K | $468.0K | ||
| Q1 24 | $743.0K | $946.7K |
| Q4 25 | — | $-34.3M | ||
| Q3 25 | $-4.7M | $-33.0M | ||
| Q2 25 | $-1.8M | $-20.9M | ||
| Q1 25 | $-1.7M | $-13.2M | ||
| Q4 24 | $586.4K | $-13.1M | ||
| Q3 24 | $-1.6M | $-8.0M | ||
| Q2 24 | $-934.3K | $-9.0M | ||
| Q1 24 | $-545.7K | $-9.0M |
| Q4 25 | — | -757.3% | ||
| Q3 25 | -20.1% | -637.4% | ||
| Q2 25 | 53.5% | -445.3% | ||
| Q1 25 | 49.8% | -333.4% | ||
| Q4 24 | 13.3% | -371.7% | ||
| Q3 24 | 85.0% | -70.3% | ||
| Q2 24 | 50.6% | 30.3% | ||
| Q1 24 | 51.9% | 62.8% |
| Q4 25 | — | -4572.1% | ||
| Q3 25 | -350.0% | -5067.8% | ||
| Q2 25 | -37.0% | -3527.1% | ||
| Q1 25 | -68.7% | -3406.6% | ||
| Q4 24 | -255.1% | -7701.3% | ||
| Q3 24 | -238.0% | -3804.1% | ||
| Q2 24 | -149.4% | -1828.2% | ||
| Q1 24 | -73.8% | -814.6% |
| Q4 25 | — | -3888.1% | ||
| Q3 25 | -506.4% | -4806.4% | ||
| Q2 25 | -68.3% | -3247.7% | ||
| Q1 25 | -73.4% | -3000.5% | ||
| Q4 24 | 45.7% | -7441.8% | ||
| Q3 24 | -226.8% | -3601.8% | ||
| Q2 24 | -149.9% | -1931.2% | ||
| Q1 24 | -73.4% | -954.7% |
| Q4 25 | — | $-0.50 | ||
| Q3 25 | $-0.27 | $-0.54 | ||
| Q2 25 | $-0.12 | $-0.36 | ||
| Q1 25 | $-0.12 | $-0.23 | ||
| Q4 24 | $0.06 | $-0.23 | ||
| Q3 24 | $-0.13 | $-0.20 | ||
| Q2 24 | $-0.09 | $-0.27 | ||
| Q1 24 | $-0.06 | $-0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.6M | $106.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.1M | $350.7M |
| Total Assets | $17.5M | $367.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $106.2M | ||
| Q3 25 | $3.6M | $116.8M | ||
| Q2 25 | $78.5K | $116.7M | ||
| Q1 25 | $179.1K | $197.8M | ||
| Q4 24 | $533.9K | $123.3M | ||
| Q3 24 | $2.1M | $50.9M | ||
| Q2 24 | $2.7M | $28.8M | ||
| Q1 24 | $5.2M | — |
| Q4 25 | — | $350.7M | ||
| Q3 25 | $4.1M | $283.9M | ||
| Q2 25 | $4.3M | $207.2M | ||
| Q1 25 | $6.8M | $210.2M | ||
| Q4 24 | $10.2M | $131.7M | ||
| Q3 24 | $9.7M | $56.2M | ||
| Q2 24 | $10.3M | $28.5M | ||
| Q1 24 | $12.4M | $-8.8M |
| Q4 25 | — | $367.8M | ||
| Q3 25 | $17.5M | $299.1M | ||
| Q2 25 | $14.9M | $214.3M | ||
| Q1 25 | $16.0M | $216.6M | ||
| Q4 24 | $17.2M | $139.6M | ||
| Q3 24 | $10.6M | $61.5M | ||
| Q2 24 | $11.1M | $32.8M | ||
| Q1 24 | $13.6M | $4.2M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $763.1K | $-29.6M |
| Free Cash FlowOCF − Capex | — | $-46.1M |
| FCF MarginFCF / Revenue | — | -5234.4% |
| Capex IntensityCapex / Revenue | — | 1872.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-117.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-29.6M | ||
| Q3 25 | $763.1K | $-25.2M | ||
| Q2 25 | $-1.0M | $-16.0M | ||
| Q1 25 | $-1.2M | $-9.5M | ||
| Q4 24 | $-6.5M | $-6.3M | ||
| Q3 24 | $632.7K | $-5.5M | ||
| Q2 24 | $-2.4M | $-5.7M | ||
| Q1 24 | $-866.3K | $-4.1M |
| Q4 25 | — | $-46.1M | ||
| Q3 25 | — | $-36.5M | ||
| Q2 25 | — | $-22.0M | ||
| Q1 25 | — | $-12.9M | ||
| Q4 24 | — | $-11.1M | ||
| Q3 24 | $589.6K | $-10.1M | ||
| Q2 24 | $-2.4M | $-6.5M | ||
| Q1 24 | $-1.0M | $-4.1M |
| Q4 25 | — | -5234.4% | ||
| Q3 25 | — | -5314.1% | ||
| Q2 25 | — | -3426.8% | ||
| Q1 25 | — | -2934.1% | ||
| Q4 24 | — | -6307.8% | ||
| Q3 24 | 82.3% | -4529.7% | ||
| Q2 24 | -388.0% | -1396.6% | ||
| Q1 24 | -136.9% | -431.1% |
| Q4 25 | — | 1872.1% | ||
| Q3 25 | — | 1649.6% | ||
| Q2 25 | — | 940.4% | ||
| Q1 25 | — | 785.7% | ||
| Q4 24 | — | 2755.1% | ||
| Q3 24 | 6.0% | 2070.7% | ||
| Q2 24 | 5.1% | 169.8% | ||
| Q1 24 | 20.3% | 0.4% |
| 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.
