Lightwave Logic, Inc. (LWLG) vs Red Cat Holdings, Inc. (RCAT)

RCAT leads on 8 of 9 compared metrics.

A side-by-side comparison of Lightwave Logic, Inc. and Red Cat Holdings, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare
Lightwave Logic, Inc. logo
LWLG
Lightwave Logic, Inc.
$1.43B
$9.26Technology
Red Cat Holdings, Inc. logo
RCAT
Red Cat Holdings, Inc.
$1.01B
$9.34Technology

Total return — LWLG vs RCAT

growth of $100 · last 20y
LWLG +447.9%RCAT -99.9%LWLG compounded faster
Log scale — wide-divergence pair
0001101001k10kStart $10020102014201820222026$548$0
LWLG RCAT

LWLG vs RCAT: by the numbers

  • •LWLG is the larger company ($1.43B vs $1.01B market cap).
  • •Both run net losses; RCAT's is the smaller (-161.09% vs -9015.57% net margin).
  • •RCAT grew revenue faster over the past five years (69.38% vs 43.26% CAGR).

Which is better, LWLG or RCAT?

Metric tally: LWLG 1 · RCAT 8

It depends on what you're optimizing for:

GrowthRCAT(faster 5Y revenue CAGR)
QualityRCAT(higher ROIC)

Metrics side by side

Valuation

MetricLWLGRCAT
Forward P/E—84.91
P/S ratio5640.6821.30●
P/B ratio16.864.73●

Profitability

MetricLWLGRCAT
Gross margin-566.69%5.41%●
Operating margin-9288.73%-153.36%●
Net margin-9015.57%-161.09%●
ROE-26.95%●-35.75%
ROIC-26.04%-25.16%●

Growth (annualized)

MetricLWLGRCAT
Revenue CAGR (5Y)43.26%69.38%●
EPS CAGR (5Y)—-68.91%
FCF CAGR (5Y)—314.98%
Total return CAGR (5Y)3.02%29.44%●

Frequently asked

Which is better, LWLG or RCAT?
It depends on your goal. growth: RCAT (faster 5Y revenue CAGR); quality: RCAT (higher ROIC). Across all compared metrics, RCAT leads 8 to 1.
Which has grown faster, LWLG or RCAT?
Over the past five years, RCAT grew revenue faster — LWLG at a 43.26% CAGR versus RCAT at 69.38%.
Which has been the better investment, LWLG or RCAT?
Over the past 10-year, LWLG delivered the higher annualized total return — LWLG at 31.26% versus RCAT at -32.57%. Past performance doesn't predict future results.

Go deeper

Full LWLG analysisFull RCAT analysisInteractive comparison tool

Dig into the metrics

Lightwave Logic P/E ratioRed Cat P/E ratioLightwave Logic dividend yieldRed Cat dividend yieldLightwave Logic ROERed Cat ROELightwave Logic operating marginRed Cat operating marginLightwave Logic revenue growthRed Cat revenue growthLightwave Logic free cash flowRed Cat free cash flow

Lightwave Logic & Red Cat appear in these rankings

Fastest Revenue Growth StocksBest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 24, 2026.