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Side-by-side financial comparison of REED'S, INC. (REED) and RETRACTABLE TECHNOLOGIES INC (RVP). Click either name above to swap in a different company.

RETRACTABLE TECHNOLOGIES INC is the larger business by last-quarter revenue ($9.4M vs $7.5M, roughly 1.3× REED'S, INC.). RETRACTABLE TECHNOLOGIES INC runs the higher net margin — -24.9% vs -50.5%, a 25.7% gap on every dollar of revenue. On growth, RETRACTABLE TECHNOLOGIES INC posted the faster year-over-year revenue change (4.0% vs -23.1%). Over the past eight quarters, RETRACTABLE TECHNOLOGIES INC's revenue compounded faster (11.5% CAGR vs -11.7%).

Waddell & Reed Financial, Inc. was an American asset management and financial planning company founded in 1937 in Kansas City, Missouri. It was a publicly traded company from 1998 to 2021, and briefly had its headquarters in Overland Park, Kansas, and was planning a move back to Downtown Kansas City before the company was sold. It operated asset management and distribution subsidiaries, including Ivy Investment Management Company and Waddell & Reed Investment Management Company.

Retractable Technologies Inc is a specialized medical device manufacturer that designs, manufactures and distributes safety-engineered disposable medical products, including retractable syringes, safety needles and IV catheters. Its key customers are healthcare facilities, pharmaceutical companies and public health agencies across North America and global markets, helping reduce needlestick injury risks for medical personnel and patients.

REED vs RVP — Head-to-Head

Bigger by revenue
RVP
RVP
1.3× larger
RVP
$9.4M
$7.5M
REED
Growing faster (revenue YoY)
RVP
RVP
+27.2% gap
RVP
4.0%
-23.1%
REED
Higher net margin
RVP
RVP
25.7% more per $
RVP
-24.9%
-50.5%
REED
Faster 2-yr revenue CAGR
RVP
RVP
Annualised
RVP
11.5%
-11.7%
REED

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
REED
REED
RVP
RVP
Revenue
$7.5M
$9.4M
Net Profit
$-3.8M
$-2.3M
Gross Margin
20.4%
-16.2%
Operating Margin
-46.9%
-81.7%
Net Margin
-50.5%
-24.9%
Revenue YoY
-23.1%
4.0%
Net Profit YoY
8.2%
-162.3%
EPS (diluted)
$-1.26
$-0.09

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
REED
REED
RVP
RVP
Q4 25
$7.5M
$9.4M
Q3 25
$7.0M
$10.1M
Q2 25
$9.5M
$10.4M
Q1 25
$10.0M
$8.3M
Q4 24
$9.7M
$9.1M
Q3 24
$6.8M
$10.3M
Q2 24
$11.9M
$6.0M
Q1 24
$9.6M
$7.6M
Net Profit
REED
REED
RVP
RVP
Q4 25
$-3.8M
$-2.3M
Q3 25
$-4.0M
$371.0K
Q2 25
$-6.0M
$-87.5K
Q1 25
$-2.0M
$-10.5M
Q4 24
$-4.1M
$3.8M
Q3 24
$-4.2M
$-1.9M
Q2 24
$-3.2M
$-14.2M
Q1 24
$-1.7M
$429.4K
Gross Margin
REED
REED
RVP
RVP
Q4 25
20.4%
-16.2%
Q3 25
17.4%
16.7%
Q2 25
8.5%
-1.0%
Q1 25
33.9%
-0.0%
Q4 24
30.0%
-27.5%
Q3 24
18.0%
-0.1%
Q2 24
32.3%
-7.0%
Q1 24
35.6%
25.0%
Operating Margin
REED
REED
RVP
RVP
Q4 25
-46.9%
-81.7%
Q3 25
-58.3%
-36.2%
Q2 25
-60.8%
-49.1%
Q1 25
-17.4%
-56.4%
Q4 24
-37.6%
-79.6%
Q3 24
-46.5%
-49.6%
Q2 24
-5.6%
-95.6%
Q1 24
-6.8%
-39.3%
Net Margin
REED
REED
RVP
RVP
Q4 25
-50.5%
-24.9%
Q3 25
-56.6%
3.7%
Q2 25
-63.5%
-0.8%
Q1 25
-20.3%
-126.6%
Q4 24
-42.3%
41.6%
Q3 24
-61.5%
-18.6%
Q2 24
-27.1%
-234.9%
Q1 24
-17.4%
5.7%
EPS (diluted)
REED
REED
RVP
RVP
Q4 25
$-1.26
$-0.09
Q3 25
$-0.48
$0.01
Q2 25
$-0.13
$0.00
Q1 25
$-0.04
$-0.35
Q4 24
$-3.73
$0.14
Q3 24
$-4.91
$-0.07
Q2 24
$-0.77
$-0.48
Q1 24
$-0.40
$0.01

Balance Sheet & Financial Strength

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

Metric
REED
REED
RVP
RVP
Cash + ST InvestmentsLiquidity on hand
$2.6M
Total DebtLower is stronger
$895.6K
Stockholders' EquityBook value
$9.2M
$74.4M
Total Assets
$23.3M
$142.6M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
REED
REED
RVP
RVP
Q4 25
$2.6M
Q3 25
$3.4M
Q2 25
$3.0M
Q1 25
$3.4M
Q4 24
$4.2M
Q3 24
$3.9M
Q2 24
$6.9M
Q1 24
$10.0M
Total Debt
REED
REED
RVP
RVP
Q4 25
$895.6K
Q3 25
Q2 25
Q1 25
Q4 24
$1.2M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
REED
REED
RVP
RVP
Q4 25
$9.2M
$74.4M
Q3 25
$2.8M
$76.8M
Q2 25
$1.7M
$76.5M
Q1 25
$4.7M
$76.6M
Q4 24
$6.6M
$87.2M
Q3 24
$-22.0M
$83.5M
Q2 24
$-23.8M
$85.4M
Q1 24
$-20.7M
$99.7M
Total Assets
REED
REED
RVP
RVP
Q4 25
$23.3M
$142.6M
Q3 25
$19.9M
$146.4M
Q2 25
$23.7M
$147.1M
Q1 25
$24.5M
$149.3M
Q4 24
$25.1M
$160.7M
Q3 24
$15.0M
$157.8M
Q2 24
$18.7M
$160.7M
Q1 24
$19.3M
$176.0M
Debt / Equity
REED
REED
RVP
RVP
Q4 25
0.01×
Q3 25
Q2 25
Q1 25
Q4 24
0.01×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
REED
REED
RVP
RVP
Operating Cash FlowLast quarter
$-3.8M
$-596.5K
Free Cash FlowOCF − Capex
$-3.9M
FCF MarginFCF / Revenue
-52.0%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-17.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
REED
REED
RVP
RVP
Q4 25
$-3.8M
$-596.5K
Q3 25
$-2.8M
$-1.3M
Q2 25
$-5.0M
$-3.7M
Q1 25
$-5.4M
$-1.5M
Q4 24
$-3.9M
$-1.1M
Q3 24
$1.1M
$-5.7M
Q2 24
$-912.0K
$-2.7M
Q1 24
$-2.4M
$-2.0M
Free Cash Flow
REED
REED
RVP
RVP
Q4 25
$-3.9M
Q3 25
$-2.9M
$-1.3M
Q2 25
$-5.1M
$-4.1M
Q1 25
$-5.4M
$-1.6M
Q4 24
$-4.0M
$-1.4M
Q3 24
$1.0M
$-6.5M
Q2 24
$-924.0K
$-2.8M
Q1 24
$-2.4M
$-2.2M
FCF Margin
REED
REED
RVP
RVP
Q4 25
-52.0%
Q3 25
-41.5%
-13.4%
Q2 25
-53.2%
-38.9%
Q1 25
-54.2%
-18.8%
Q4 24
-40.8%
-15.5%
Q3 24
15.3%
-63.0%
Q2 24
-7.8%
-46.8%
Q1 24
-25.1%
-29.6%
Capex Intensity
REED
REED
RVP
RVP
Q4 25
1.1%
Q3 25
1.4%
0.9%
Q2 25
0.2%
3.2%
Q1 25
0.7%
1.0%
Q4 24
1.0%
3.3%
Q3 24
0.3%
7.7%
Q2 24
0.1%
2.0%
Q1 24
0.2%
3.0%
Cash Conversion
REED
REED
RVP
RVP
Q4 25
Q3 25
-3.39×
Q2 25
Q1 25
Q4 24
-0.29×
Q3 24
Q2 24
Q1 24
-4.71×

Financial Flow Comparison

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

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