vs

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

Shattuck Labs, Inc. is the larger business by last-quarter revenue ($1.0M vs $919.3K, roughly 1.1× Laser Photonics Corp). Laser Photonics Corp runs the higher net margin — -506.4% vs -1005.6%, a 499.2% gap on every dollar of revenue. On growth, Laser Photonics Corp posted the faster year-over-year revenue change (28.3% vs -66.6%). Over the past eight quarters, Shattuck Labs, Inc.'s revenue compounded faster (20.7% 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.

Shattuck Labs, Inc. is a clinical-stage biotechnology company focused on developing innovative immunotherapies for cancer and autoimmune diseases. It uses its proprietary Agonist Redirected Checkpoint platform to develop bifunctional fusion proteins, with multiple oncology product candidates in active clinical development stages.

LASE vs STTK — Head-to-Head

Bigger by revenue
STTK
STTK
1.1× larger
STTK
$1.0M
$919.3K
LASE
Growing faster (revenue YoY)
LASE
LASE
+94.9% gap
LASE
28.3%
-66.6%
STTK
Higher net margin
LASE
LASE
499.2% more per $
LASE
-506.4%
-1005.6%
STTK
Faster 2-yr revenue CAGR
STTK
STTK
Annualised
STTK
20.7%
-3.9%
LASE

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
LASE
LASE
STTK
STTK
Revenue
$919.3K
$1.0M
Net Profit
$-4.7M
$-10.1M
Gross Margin
-20.1%
Operating Margin
-350.0%
-1071.6%
Net Margin
-506.4%
-1005.6%
Revenue YoY
28.3%
-66.6%
Net Profit YoY
-186.5%
39.7%
EPS (diluted)
$-0.27
$-0.14

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
STTK
STTK
Q3 25
$919.3K
$1.0M
Q2 25
$2.6M
$0
Q1 25
$2.3M
$0
Q4 24
$1.3M
Q3 24
$716.7K
$3.0M
Q2 24
$623.4K
$1.6M
Q1 24
$743.0K
$1.1M
Q4 23
$994.6K
$714.0K
Net Profit
LASE
LASE
STTK
STTK
Q3 25
$-4.7M
$-10.1M
Q2 25
$-1.8M
$-12.5M
Q1 25
$-1.7M
$-13.7M
Q4 24
$586.4K
Q3 24
$-1.6M
$-16.7M
Q2 24
$-934.3K
$-21.6M
Q1 24
$-545.7K
$-18.5M
Q4 23
$-486.6K
$-17.7M
Gross Margin
LASE
LASE
STTK
STTK
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%
Q4 23
84.5%
Operating Margin
LASE
LASE
STTK
STTK
Q3 25
-350.0%
-1071.6%
Q2 25
-37.0%
Q1 25
-68.7%
Q4 24
-255.1%
Q3 24
-238.0%
-597.9%
Q2 24
-149.4%
-1427.1%
Q1 24
-73.8%
-1797.7%
Q4 23
-88.4%
-2654.2%
Net Margin
LASE
LASE
STTK
STTK
Q3 25
-506.4%
-1005.6%
Q2 25
-68.3%
Q1 25
-73.4%
Q4 24
45.7%
Q3 24
-226.8%
-556.4%
Q2 24
-149.9%
-1339.5%
Q1 24
-73.4%
-1659.6%
Q4 23
-48.9%
-2477.2%
EPS (diluted)
LASE
LASE
STTK
STTK
Q3 25
$-0.27
$-0.14
Q2 25
$-0.12
$-0.24
Q1 25
$-0.12
$-0.27
Q4 24
$0.06
Q3 24
$-0.13
$-0.33
Q2 24
$-0.09
$-0.42
Q1 24
$-0.06
$-0.37
Q4 23
$-0.03
$-0.41

Balance Sheet & Financial Strength

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

Metric
LASE
LASE
STTK
STTK
Cash + ST InvestmentsLiquidity on hand
$3.6M
$42.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.1M
$93.2M
Total Assets
$17.5M
$100.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LASE
LASE
STTK
STTK
Q3 25
$3.6M
$42.5M
Q2 25
$78.5K
$50.5M
Q1 25
$179.1K
$60.9M
Q4 24
$533.9K
Q3 24
$2.1M
$43.8M
Q2 24
$2.7M
$60.7M
Q1 24
$5.2M
$76.0M
Q4 23
$6.2M
$125.6M
Stockholders' Equity
LASE
LASE
STTK
STTK
Q3 25
$4.1M
$93.2M
Q2 25
$4.3M
$57.0M
Q1 25
$6.8M
$67.6M
Q4 24
$10.2M
Q3 24
$9.7M
$96.6M
Q2 24
$10.3M
$110.6M
Q1 24
$12.4M
$128.8M
Q4 23
$13.9M
$144.7M
Total Assets
LASE
LASE
STTK
STTK
Q3 25
$17.5M
$100.3M
Q2 25
$14.9M
$64.4M
Q1 25
$16.0M
$77.2M
Q4 24
$17.2M
Q3 24
$10.6M
$111.7M
Q2 24
$11.1M
$128.6M
Q1 24
$13.6M
$146.3M
Q4 23
$15.1M
$159.6M

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
STTK
STTK
Operating Cash FlowLast quarter
$763.1K
$-8.9M
Free Cash FlowOCF − Capex
$-9.0M
FCF MarginFCF / Revenue
-900.0%
Capex IntensityCapex / Revenue
7.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LASE
LASE
STTK
STTK
Q3 25
$763.1K
$-8.9M
Q2 25
$-1.0M
$-10.4M
Q1 25
$-1.2M
$-12.0M
Q4 24
$-6.5M
Q3 24
$632.7K
$-16.1M
Q2 24
$-2.4M
$-10.9M
Q1 24
$-866.3K
$-16.2M
Q4 23
$-2.0M
$-19.4M
Free Cash Flow
LASE
LASE
STTK
STTK
Q3 25
$-9.0M
Q2 25
Q1 25
Q4 24
Q3 24
$589.6K
$-16.1M
Q2 24
$-2.4M
$-10.9M
Q1 24
$-1.0M
Q4 23
$-19.4M
FCF Margin
LASE
LASE
STTK
STTK
Q3 25
-900.0%
Q2 25
Q1 25
Q4 24
Q3 24
82.3%
-537.5%
Q2 24
-388.0%
-679.6%
Q1 24
-136.9%
Q4 23
-2722.1%
Capex Intensity
LASE
LASE
STTK
STTK
Q3 25
7.1%
Q2 25
Q1 25
Q4 24
Q3 24
6.0%
1.4%
Q2 24
5.1%
1.1%
Q1 24
20.3%
0.0%
Q4 23
2.4%
Cash Conversion
LASE
LASE
STTK
STTK
Q3 25
Q2 25
Q1 25
Q4 24
-11.11×
Q3 24
Q2 24
Q1 24
Q4 23

Financial Flow Comparison

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

Related Comparisons