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Side-by-side financial comparison of Laird Superfood, Inc. (LSF) and SWK Holdings Corp (SWKH). Click either name above to swap in a different company.
Laird Superfood, Inc. is the larger business by last-quarter revenue ($13.3M vs $8.7M, roughly 1.5× SWK Holdings Corp). On growth, Laird Superfood, Inc. posted the faster year-over-year revenue change (15.0% vs -29.7%). Over the past eight quarters, Laird Superfood, Inc.'s revenue compounded faster (16.1% CAGR vs -12.5%).
Laird Superfood, Inc. develops, manufactures and sells a portfolio of plant-based functional superfood products, including premium coffee creamers, hydration blends, nutritional supplements, and plant-powered snacks. It serves health-conscious consumers through direct-to-consumer e-commerce platforms and offline retail partners, mainly operating in the North American market with a focus on sustainably sourced clean ingredients.
SWK Holdings Corp is a specialty finance firm focused on the healthcare and life sciences sectors. It provides tailored financing solutions including royalty monetization, structured debt, and asset-backed lending to biotech, pharmaceutical, medical device and diagnostic companies, with its core market centered in North America.
LSF vs SWKH — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $13.3M | $8.7M |
| Net Profit | $-1.8M | $-19.4M |
| Gross Margin | 34.1% | — |
| Operating Margin | -13.5% | 9.9% |
| Net Margin | -13.2% | — |
| Revenue YoY | 15.0% | -29.7% |
| Net Profit YoY | -341.4% | -430.2% |
| EPS (diluted) | — | $-1.59 |
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 | $13.3M | $8.7M | ||
| Q3 25 | $12.9M | $10.9M | ||
| Q2 25 | $12.0M | $10.1M | ||
| Q1 25 | $11.7M | $11.8M | ||
| Q4 24 | $11.6M | $12.4M | ||
| Q3 24 | $11.8M | $10.4M | ||
| Q2 24 | $10.0M | $10.8M | ||
| Q1 24 | $9.9M | $11.4M |
| Q4 25 | $-1.8M | $-19.4M | ||
| Q3 25 | $-975.1K | $8.8M | ||
| Q2 25 | $-362.2K | $3.5M | ||
| Q1 25 | $-156.2K | $4.5M | ||
| Q4 24 | $-398.4K | $5.9M | ||
| Q3 24 | $-166.1K | $3.5M | ||
| Q2 24 | $-239.1K | $3.7M | ||
| Q1 24 | $-1.0M | $468.0K |
| Q4 25 | 34.1% | — | ||
| Q3 25 | 36.5% | — | ||
| Q2 25 | 39.9% | — | ||
| Q1 25 | 41.9% | — | ||
| Q4 24 | 38.6% | — | ||
| Q3 24 | 43.0% | — | ||
| Q2 24 | 41.8% | — | ||
| Q1 24 | 40.0% | — |
| Q4 25 | -13.5% | 9.9% | ||
| Q3 25 | -7.7% | 61.3% | ||
| Q2 25 | -3.3% | 46.1% | ||
| Q1 25 | -1.9% | 68.6% | ||
| Q4 24 | -4.1% | 44.7% | ||
| Q3 24 | -2.3% | 39.2% | ||
| Q2 24 | -3.4% | 8.3% | ||
| Q1 24 | -11.0% | 9.5% |
| Q4 25 | -13.2% | — | ||
| Q3 25 | -7.6% | 80.7% | ||
| Q2 25 | -3.0% | 35.2% | ||
| Q1 25 | -1.3% | 38.4% | ||
| Q4 24 | -3.4% | 47.5% | ||
| Q3 24 | -1.4% | 33.3% | ||
| Q2 24 | -2.4% | 33.9% | ||
| Q1 24 | -10.3% | 4.1% |
| Q4 25 | — | $-1.59 | ||
| Q3 25 | — | $0.72 | ||
| Q2 25 | — | $0.29 | ||
| Q1 25 | — | $0.37 | ||
| Q4 24 | — | $0.47 | ||
| Q3 24 | — | $0.28 | ||
| Q2 24 | — | $0.30 | ||
| Q1 24 | — | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $5.1M | $42.8M |
| Total DebtLower is stronger | — | $33.0M |
| Stockholders' EquityBook value | $11.5M | $235.1M |
| Total Assets | $19.2M | $272.4M |
| Debt / EquityLower = less leverage | — | 0.14× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.1M | $42.8M | ||
| Q3 25 | $5.1M | $10.2M | ||
| Q2 25 | $3.9M | $8.0M | ||
| Q1 25 | $7.0M | $29.8M | ||
| Q4 24 | $8.3M | $5.9M | ||
| Q3 24 | $7.9M | $17.2M | ||
| Q2 24 | $7.6M | $5.5M | ||
| Q1 24 | $7.1M | $5.5M |
| Q4 25 | — | $33.0M | ||
| Q3 25 | — | $33.0M | ||
| Q2 25 | — | $33.0M | ||
| Q1 25 | — | $33.0M | ||
| Q4 24 | — | $33.0M | ||
| Q3 24 | — | $33.0M | ||
| Q2 24 | — | $33.0M | ||
| Q1 24 | — | $33.0M |
| Q4 25 | $11.5M | $235.1M | ||
| Q3 25 | $12.8M | $254.2M | ||
| Q2 25 | $13.4M | $246.5M | ||
| Q1 25 | $13.3M | $292.7M | ||
| Q4 24 | $13.2M | $288.7M | ||
| Q3 24 | $13.1M | $283.4M | ||
| Q2 24 | $12.6M | $282.8M | ||
| Q1 24 | $12.7M | $279.9M |
| Q4 25 | $19.2M | $272.4M | ||
| Q3 25 | $18.9M | $289.4M | ||
| Q2 25 | $20.4M | $285.7M | ||
| Q1 25 | $21.5M | $331.3M | ||
| Q4 24 | $19.3M | $332.2M | ||
| Q3 24 | $18.8M | $321.3M | ||
| Q2 24 | $18.0M | $321.0M | ||
| Q1 24 | $17.6M | $322.0M |
| Q4 25 | — | 0.14× | ||
| Q3 25 | — | 0.13× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.11× | ||
| Q4 24 | — | 0.11× | ||
| Q3 24 | — | 0.12× | ||
| Q2 24 | — | 0.12× | ||
| Q1 24 | — | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $68.4K | $27.3M |
| Free Cash FlowOCF − Capex | — | $26.8M |
| FCF MarginFCF / Revenue | — | 308.1% |
| Capex IntensityCapex / Revenue | — | 5.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $43.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $68.4K | $27.3M | ||
| Q3 25 | $1.2M | $906.0K | ||
| Q2 25 | $-2.8M | $7.8M | ||
| Q1 25 | $-1.3M | $8.3M | ||
| Q4 24 | $339.2K | $23.0M | ||
| Q3 24 | $305.8K | $6.3M | ||
| Q2 24 | $642.7K | $5.4M | ||
| Q1 24 | $-422.3K | $4.4M |
| Q4 25 | — | $26.8M | ||
| Q3 25 | — | $557.0K | ||
| Q2 25 | — | $7.7M | ||
| Q1 25 | — | $8.2M | ||
| Q4 24 | — | $22.9M | ||
| Q3 24 | — | $6.3M | ||
| Q2 24 | — | $5.4M | ||
| Q1 24 | — | — |
| Q4 25 | — | 308.1% | ||
| Q3 25 | — | 5.1% | ||
| Q2 25 | — | 77.0% | ||
| Q1 25 | — | 69.1% | ||
| Q4 24 | — | 185.3% | ||
| Q3 24 | — | 60.4% | ||
| Q2 24 | — | 49.7% | ||
| Q1 24 | — | — |
| Q4 25 | — | 5.9% | ||
| Q3 25 | — | 3.2% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 0.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.10× | ||
| Q2 25 | — | 2.21× | ||
| Q1 25 | — | 1.82× | ||
| Q4 24 | — | 3.93× | ||
| Q3 24 | — | 1.82× | ||
| Q2 24 | — | 1.47× | ||
| Q1 24 | — | 9.47× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LSF
| Wholesale | $7.0M | 52% |
| Coffee Tea And Hot Chocolate Products | $4.4M | 33% |
| Hydration And Beverage Enhancing Supplements | $1.6M | 12% |
| Other | $352.6K | 3% |
SWKH
| Finance Receivables Segment | $8.4M | 96% |
| Other | $329.0K | 4% |
