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Side-by-side financial comparison of Recon Technology, Ltd (RCON) and STRATUS PROPERTIES INC (STRS). Click either name above to swap in a different company.

Recon Technology, Ltd is the larger business by last-quarter revenue ($12.2M vs $8.3M, roughly 1.5× STRATUS PROPERTIES INC). STRATUS PROPERTIES INC runs the higher net margin — 203.2% vs -6.8%, a 210.1% gap on every dollar of revenue. On growth, Recon Technology, Ltd posted the faster year-over-year revenue change (111.0% vs -19.4%).

Recon Instruments Inc. was a Canadian technology company that produced smartglasses and wearable displays marketed by the company as "heads-up displays" for sports. Recon's products delivered live activity metrics, GPS maps, and notifications directly to the user's eye. Recon's first heads-up display offering was released commercially in October 2010, roughly a year and a half before Google introduced Google Glass.

Ryman Hospitality Properties, Inc. is a hotel, resort, entertainment, and media company named for one of its assets: the Ryman Auditorium, a National Historic Landmark in Nashville, Tennessee. The company's legal lineage can be traced back to its time as a subsidiary of Edward Gaylord's Oklahoma Publishing Company; however, the backbone of the modern entity was formed with the company's acquisition of WSM, Inc. in 1983. This purchase resulted in the ownership of the Grand Ole Opry and associa...

RCON vs STRS — Head-to-Head

Bigger by revenue
RCON
RCON
1.5× larger
RCON
$12.2M
$8.3M
STRS
Growing faster (revenue YoY)
RCON
RCON
+130.4% gap
RCON
111.0%
-19.4%
STRS
Higher net margin
STRS
STRS
210.1% more per $
STRS
203.2%
-6.8%
RCON

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
RCON
RCON
STRS
STRS
Revenue
$12.2M
$8.3M
Net Profit
$-832.7K
$16.9M
Gross Margin
33.5%
Operating Margin
-14.6%
Net Margin
-6.8%
203.2%
Revenue YoY
111.0%
-19.4%
Net Profit YoY
70.5%
1293.4%
EPS (diluted)
$-0.09
$2.42

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
RCON
RCON
STRS
STRS
Q4 25
$12.2M
$8.3M
Q3 25
$5.0M
Q2 25
$11.6M
Q1 25
$5.0M
Q4 24
$5.8M
$10.3M
Q3 24
$8.9M
Q2 24
$8.5M
Q1 24
$26.5M
Net Profit
RCON
RCON
STRS
STRS
Q4 25
$-832.7K
$16.9M
Q3 25
$-8.0M
Q2 25
$-2.3M
Q1 25
$-3.8M
Q4 24
$-2.8M
$-1.4M
Q3 24
$-1.4M
Q2 24
$-2.8M
Q1 24
$3.7M
Gross Margin
RCON
RCON
STRS
STRS
Q4 25
33.5%
Q3 25
-85.1%
Q2 25
-19.0%
Q1 25
5.1%
Q4 24
31.7%
18.3%
Q3 24
2.5%
Q2 24
10.9%
Q1 24
30.7%
Operating Margin
RCON
RCON
STRS
STRS
Q4 25
-14.6%
Q3 25
-162.9%
Q2 25
-6.5%
Q1 25
-71.3%
Q4 24
-63.9%
-13.6%
Q3 24
-17.1%
Q2 24
-34.4%
Q1 24
13.9%
Net Margin
RCON
RCON
STRS
STRS
Q4 25
-6.8%
203.2%
Q3 25
-161.1%
Q2 25
-19.8%
Q1 25
-74.5%
Q4 24
-48.9%
-13.7%
Q3 24
-15.9%
Q2 24
-32.7%
Q1 24
13.9%
EPS (diluted)
RCON
RCON
STRS
STRS
Q4 25
$-0.09
$2.42
Q3 25
$-0.62
Q2 25
$0.03
Q1 25
$-0.36
Q4 24
$-0.31
$-0.06
Q3 24
$-0.05
Q2 24
$-0.21
Q1 24
$0.56

Balance Sheet & Financial Strength

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

Metric
RCON
RCON
STRS
STRS
Cash + ST InvestmentsLiquidity on hand
$10.7M
$74.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$66.4M
$204.5M
Total Assets
$77.6M
$563.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RCON
RCON
STRS
STRS
Q4 25
$10.7M
$74.3M
Q3 25
$55.0M
Q2 25
$59.4M
Q1 25
$12.0M
Q4 24
$19.9M
$20.2M
Q3 24
$19.6M
Q2 24
$13.5M
Q1 24
$20.7M
Stockholders' Equity
RCON
RCON
STRS
STRS
Q4 25
$66.4M
$204.5M
Q3 25
$185.8M
Q2 25
$191.9M
Q1 25
$191.5M
Q4 24
$66.9M
$194.7M
Q3 24
$196.4M
Q2 24
$196.3M
Q1 24
$197.6M
Total Assets
RCON
RCON
STRS
STRS
Q4 25
$77.6M
$563.4M
Q3 25
$572.6M
Q2 25
$574.8M
Q1 25
$534.6M
Q4 24
$74.2M
$532.6M
Q3 24
$523.2M
Q2 24
$514.0M
Q1 24
$509.5M

Cash Flow & Capital Efficiency

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

Metric
RCON
RCON
STRS
STRS
Operating Cash FlowLast quarter
$-1.9M
$-29.9M
Free Cash FlowOCF − Capex
$-38.0M
FCF MarginFCF / Revenue
-458.5%
Capex IntensityCapex / Revenue
98.2%
Cash ConversionOCF / Net Profit
-1.77×
TTM Free Cash FlowTrailing 4 quarters
$-70.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RCON
RCON
STRS
STRS
Q4 25
$-1.9M
$-29.9M
Q3 25
$-9.0M
Q2 25
$-1.7M
Q1 25
$-13.5M
Q4 24
$-1.7M
$-5.8M
Q3 24
$-686.0K
Q2 24
$-8.3M
Q1 24
$6.5M
Free Cash Flow
RCON
RCON
STRS
STRS
Q4 25
$-38.0M
Q3 25
$-9.9M
Q2 25
$-4.3M
Q1 25
$-18.0M
Q4 24
$-35.0M
Q3 24
$-7.5M
Q2 24
$-16.3M
Q1 24
$-1.6M
FCF Margin
RCON
RCON
STRS
STRS
Q4 25
-458.5%
Q3 25
-198.7%
Q2 25
-37.2%
Q1 25
-357.4%
Q4 24
-339.7%
Q3 24
-84.4%
Q2 24
-191.6%
Q1 24
-6.0%
Capex Intensity
RCON
RCON
STRS
STRS
Q4 25
98.2%
Q3 25
18.4%
Q2 25
22.7%
Q1 25
89.8%
Q4 24
283.0%
Q3 24
76.7%
Q2 24
94.2%
Q1 24
30.7%
Cash Conversion
RCON
RCON
STRS
STRS
Q4 25
-1.77×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
1.77×

Financial Flow Comparison

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

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