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Side-by-side financial comparison of LIGHTPATH TECHNOLOGIES INC (LPTH) and La Rosa Holdings Corp. (LRHC). Click either name above to swap in a different company.

La Rosa Holdings Corp. is the larger business by last-quarter revenue ($20.2M vs $16.4M, roughly 1.2× LIGHTPATH TECHNOLOGIES INC). La Rosa Holdings Corp. runs the higher net margin — -27.4% vs -57.5%, a 30.1% gap on every dollar of revenue. On growth, LIGHTPATH TECHNOLOGIES INC posted the faster year-over-year revenue change (120.2% vs 3.2%). Over the past eight quarters, La Rosa Holdings Corp.'s revenue compounded faster (72.5% CAGR vs 45.7%).

LightPath Technologies Inc designs, manufactures and distributes high-precision optical components and assemblies, including aspheric lenses, infrared optics, and fiber optic products. It serves global clients across industrial automation, aerospace, defense, medical imaging, and telecommunications sectors.

V. La Rosa and Sons Macaroni Company was founded in 1914 by Vincenzo La Rosa, a Sicilian immigrant. The company eventually became one of the largest regional brands in the United States producing over 40 varieties of pasta.

LPTH vs LRHC — Head-to-Head

Bigger by revenue
LRHC
LRHC
1.2× larger
LRHC
$20.2M
$16.4M
LPTH
Growing faster (revenue YoY)
LPTH
LPTH
+117.0% gap
LPTH
120.2%
3.2%
LRHC
Higher net margin
LRHC
LRHC
30.1% more per $
LRHC
-27.4%
-57.5%
LPTH
Faster 2-yr revenue CAGR
LRHC
LRHC
Annualised
LRHC
72.5%
45.7%
LPTH

Income Statement — Q2 FY2026 vs Q3 FY2025

Metric
LPTH
LPTH
LRHC
LRHC
Revenue
$16.4M
$20.2M
Net Profit
$-9.4M
$-5.5M
Gross Margin
36.8%
8.4%
Operating Margin
-52.6%
-24.7%
Net Margin
-57.5%
-27.4%
Revenue YoY
120.2%
3.2%
Net Profit YoY
-260.1%
-125.7%
EPS (diluted)
$-0.20
$-5.44

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
LPTH
LPTH
LRHC
LRHC
Q4 25
$16.4M
Q3 25
$15.1M
$20.2M
Q2 25
$12.2M
$23.2M
Q1 25
$9.2M
$17.5M
Q4 24
$7.4M
$17.7M
Q3 24
$8.4M
$19.6M
Q2 24
$8.6M
$19.1M
Q1 24
$7.7M
$13.1M
Net Profit
LPTH
LPTH
LRHC
LRHC
Q4 25
$-9.4M
Q3 25
$-2.9M
$-5.5M
Q2 25
$-7.1M
$78.4M
Q1 25
$-3.6M
$-95.7M
Q4 24
$-2.6M
$-5.1M
Q3 24
$-1.6M
$-2.5M
Q2 24
$-2.4M
$-2.3M
Q1 24
$-2.6M
$-4.6M
Gross Margin
LPTH
LPTH
LRHC
LRHC
Q4 25
36.8%
Q3 25
29.8%
8.4%
Q2 25
22.0%
8.0%
Q1 25
29.1%
8.8%
Q4 24
26.0%
8.9%
Q3 24
33.9%
8.3%
Q2 24
29.2%
8.3%
Q1 24
20.9%
8.9%
Operating Margin
LPTH
LPTH
LRHC
LRHC
Q4 25
-52.6%
Q3 25
-16.6%
-24.7%
Q2 25
-38.0%
-10.6%
Q1 25
-36.3%
-26.7%
Q4 24
-33.5%
-17.1%
Q3 24
-16.4%
-8.9%
Q2 24
-25.6%
-9.7%
Q1 24
-33.6%
-35.0%
Net Margin
LPTH
LPTH
LRHC
LRHC
Q4 25
-57.5%
Q3 25
-19.2%
-27.4%
Q2 25
-57.8%
337.8%
Q1 25
-39.1%
-546.5%
Q4 24
-35.2%
-28.7%
Q3 24
-19.3%
-12.5%
Q2 24
-27.3%
-12.2%
Q1 24
-33.7%
-35.1%
EPS (diluted)
LPTH
LPTH
LRHC
LRHC
Q4 25
$-0.20
Q3 25
$-0.07
$-5.44
Q2 25
$0.19
$15.25
Q1 25
$-0.44
$-5.86
Q4 24
$-0.07
$28.54
Q3 24
$-0.04
$-16.49
Q2 24
$-0.15
$-12.49
Q1 24
$-0.07
$-0.35

Balance Sheet & Financial Strength

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

Metric
LPTH
LPTH
LRHC
LRHC
Cash + ST InvestmentsLiquidity on hand
$73.6M
$4.0M
Total DebtLower is stronger
$642.8K
Stockholders' EquityBook value
$77.9M
$1.6M
Total Assets
$148.6M
$21.7M
Debt / EquityLower = less leverage
0.41×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LPTH
LPTH
LRHC
LRHC
Q4 25
$73.6M
Q3 25
$4.0M
Q2 25
$4.9M
$5.1M
Q1 25
$2.9M
Q4 24
$1.4M
Q3 24
$1.8M
Q2 24
$1.6M
Q1 24
$1.1M
Total Debt
LPTH
LPTH
LRHC
LRHC
Q4 25
Q3 25
$642.8K
Q2 25
$644.3K
Q1 25
$645.9K
Q4 24
$647.6K
Q3 24
$649.2K
Q2 24
$535.0K
$650.8K
Q1 24
$599.4K
$652.4K
Stockholders' Equity
LPTH
LPTH
LRHC
LRHC
Q4 25
$77.9M
Q3 25
$21.4M
$1.6M
Q2 25
$15.6M
$3.4M
Q1 25
$15.7M
$-87.5M
Q4 24
$26.7M
$2.6M
Q3 24
$29.4M
$5.0M
Q2 24
$30.2M
$4.7M
Q1 24
$31.7M
$5.6M
Total Assets
LPTH
LPTH
LRHC
LRHC
Q4 25
$148.6M
Q3 25
$87.3M
$21.7M
Q2 25
$81.5M
$22.9M
Q1 25
$81.4M
$21.0M
Q4 24
$45.8M
$19.4M
Q3 24
$48.4M
$19.7M
Q2 24
$48.1M
$18.7M
Q1 24
$49.7M
$16.3M
Debt / Equity
LPTH
LPTH
LRHC
LRHC
Q4 25
Q3 25
0.41×
Q2 25
0.19×
Q1 25
Q4 24
0.25×
Q3 24
0.13×
Q2 24
0.02×
0.14×
Q1 24
0.02×
0.12×

Cash Flow & Capital Efficiency

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

Metric
LPTH
LPTH
LRHC
LRHC
Operating Cash FlowLast quarter
$2.8M
$-1.3M
Free Cash FlowOCF − Capex
$2.0M
FCF MarginFCF / Revenue
12.0%
Capex IntensityCapex / Revenue
5.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-6.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LPTH
LPTH
LRHC
LRHC
Q4 25
$2.8M
Q3 25
$-1.1M
$-1.3M
Q2 25
$-2.6M
$-1.4M
Q1 25
$-3.2M
$-3.5M
Q4 24
$-737.4K
$-1.1M
Q3 24
$-1.7M
$-591.6K
Q2 24
$64.7K
$-803.1K
Q1 24
$-394.2K
$-538.3K
Free Cash Flow
LPTH
LPTH
LRHC
LRHC
Q4 25
$2.0M
Q3 25
$-1.2M
Q2 25
$-3.3M
Q1 25
$-3.7M
Q4 24
$-817.8K
Q3 24
$-1.8M
Q2 24
$-225.5K
Q1 24
$-802.5K
FCF Margin
LPTH
LPTH
LRHC
LRHC
Q4 25
12.0%
Q3 25
-8.1%
Q2 25
-27.3%
Q1 25
-40.0%
Q4 24
-11.0%
Q3 24
-21.2%
Q2 24
-2.6%
Q1 24
-10.4%
Capex Intensity
LPTH
LPTH
LRHC
LRHC
Q4 25
5.3%
Q3 25
0.5%
Q2 25
5.6%
Q1 25
4.6%
Q4 24
1.1%
Q3 24
0.9%
Q2 24
3.4%
Q1 24
5.3%
Cash Conversion
LPTH
LPTH
LRHC
LRHC
Q4 25
Q3 25
Q2 25
-0.02×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

LPTH
LPTH

Other$7.9M48%
Infrared Components$5.0M31%
Visible Components$3.4M21%

LRHC
LRHC

Real Estate Residential Brokerage Services$16.8M83%
Transferred Over Time$3.5M17%

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