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Side-by-side financial comparison of Recon Technology, Ltd (RCON) and Xilio Therapeutics, Inc. (XLO). Click either name above to swap in a different company.
Xilio Therapeutics, Inc. is the larger business by last-quarter revenue ($13.7M vs $12.2M, roughly 1.1× Recon Technology, Ltd). Xilio Therapeutics, Inc. runs the higher net margin — 75.7% vs -6.8%, a 82.5% gap on every dollar of revenue.
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.
Xilio Therapeutics is a clinical-stage biotechnology company dedicated to developing novel tumor-selective immunotherapies for cancer treatment. Its product pipeline features candidates engineered to trigger anti-tumor immune responses specifically inside tumor microenvironments, reducing systemic toxicities, and it primarily targets oncology patient populations in North America and other global markets.
RCON vs XLO — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $12.2M | $13.7M |
| Net Profit | $-832.7K | $10.4M |
| Gross Margin | 33.5% | — |
| Operating Margin | -14.6% | -86.5% |
| Net Margin | -6.8% | 75.7% |
| Revenue YoY | 111.0% | — |
| Net Profit YoY | 70.5% | 179.1% |
| EPS (diluted) | $-0.09 | $-3.74 |
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 | $12.2M | $13.7M | ||
| Q3 25 | — | $19.1M | ||
| Q2 25 | — | $8.1M | ||
| Q1 25 | — | $2.9M | ||
| Q4 24 | $5.8M | — | ||
| Q4 23 | $6.4M | — |
| Q4 25 | $-832.7K | $10.4M | ||
| Q3 25 | — | $-16.3M | ||
| Q2 25 | — | $-15.8M | ||
| Q1 25 | — | $-13.3M | ||
| Q4 24 | $-2.8M | — | ||
| Q4 23 | $-3.2M | — |
| Q4 25 | 33.5% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 31.7% | — | ||
| Q4 23 | 26.7% | — |
| Q4 25 | -14.6% | -86.5% | ||
| Q3 25 | — | -10.1% | ||
| Q2 25 | — | -177.7% | ||
| Q1 25 | — | -472.7% | ||
| Q4 24 | -63.9% | — | ||
| Q4 23 | -50.4% | — |
| Q4 25 | -6.8% | 75.7% | ||
| Q3 25 | — | -85.4% | ||
| Q2 25 | — | -196.0% | ||
| Q1 25 | — | -452.7% | ||
| Q4 24 | -48.9% | — | ||
| Q4 23 | -49.8% | — |
| Q4 25 | $-0.09 | $-3.74 | ||
| Q3 25 | — | $-0.11 | ||
| Q2 25 | — | $-0.16 | ||
| Q1 25 | — | $-0.18 | ||
| Q4 24 | $-0.31 | — | ||
| Q4 23 | $-1.16 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $10.7M | $137.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $66.4M | $35.3M |
| Total Assets | $77.6M | $154.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.7M | $137.5M | ||
| Q3 25 | — | $103.8M | ||
| Q2 25 | — | $121.6M | ||
| Q1 25 | — | $89.1M | ||
| Q4 24 | $19.9M | — | ||
| Q4 23 | $36.0M | — |
| Q4 25 | $66.4M | $35.3M | ||
| Q3 25 | — | $-8.1M | ||
| Q2 25 | — | $7.1M | ||
| Q1 25 | — | $10.7M | ||
| Q4 24 | $66.9M | — | ||
| Q4 23 | $60.0M | — |
| Q4 25 | $77.6M | $154.7M | ||
| Q3 25 | — | $133.7M | ||
| Q2 25 | — | $133.8M | ||
| Q1 25 | — | $103.7M | ||
| Q4 24 | $74.2M | — | ||
| Q4 23 | $68.1M | — |
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 | $-1.9M | $-2.0M |
| Free Cash FlowOCF − Capex | — | $-2.1M |
| FCF MarginFCF / Revenue | — | -15.3% |
| Capex IntensityCapex / Revenue | — | 0.7% |
| Cash ConversionOCF / Net Profit | — | -0.19× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.9M | $-2.0M | ||
| Q3 25 | — | $-17.5M | ||
| Q2 25 | — | $-14.5M | ||
| Q1 25 | — | $29.0M | ||
| Q4 24 | $-1.7M | — | ||
| Q4 23 | $-931.0K | — |
| Q4 25 | — | $-2.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $-14.9M | ||
| Q1 25 | — | $29.0M | ||
| Q4 24 | — | — | ||
| Q4 23 | — | — |
| Q4 25 | — | -15.3% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -184.0% | ||
| Q1 25 | — | 988.3% | ||
| Q4 24 | — | — | ||
| Q4 23 | — | — |
| Q4 25 | — | 0.7% | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | 5.0% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | — | ||
| Q4 23 | — | — |
| Q4 25 | — | -0.19× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q4 23 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
