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Side-by-side financial comparison of BTCS Inc. (BTCS) and GSI TECHNOLOGY INC (GSIT). Click either name above to swap in a different company.
BTCS Inc. is the larger business by last-quarter revenue ($7.1M vs $6.1M, roughly 1.2× GSI TECHNOLOGY INC). On growth, BTCS Inc. posted the faster year-over-year revenue change (205.5% vs 12.2%). GSI TECHNOLOGY INC produced more free cash flow last quarter ($-8.2M vs $-9.8M). Over the past eight quarters, BTCS Inc.'s revenue compounded faster (296.4% CAGR vs 8.6%).
Triad GSI is an American voting machine vendor based in Xenia, Ohio. Their main products are election-related computer hardware and software for counting ballots, as well as voter registration.
BTCS vs GSIT — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $7.1M | $6.1M |
| Net Profit | — | $-3.0M |
| Gross Margin | 12.4% | 52.7% |
| Operating Margin | — | -113.7% |
| Net Margin | — | -49.7% |
| Revenue YoY | 205.5% | 12.2% |
| Net Profit YoY | — | 25.0% |
| EPS (diluted) | $-1.58 | $-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.
| Q4 25 | $7.1M | $6.1M | ||
| Q3 25 | $4.9M | $6.4M | ||
| Q2 25 | $2.8M | $6.3M | ||
| Q1 25 | $1.7M | $5.9M | ||
| Q4 24 | $2.3M | $5.4M | ||
| Q3 24 | $739.2K | $4.5M | ||
| Q2 24 | $561.2K | $4.7M | ||
| Q1 24 | $451.4K | $5.2M |
| Q4 25 | — | $-3.0M | ||
| Q3 25 | $65.6M | $-3.2M | ||
| Q2 25 | $3.9M | $-2.2M | ||
| Q1 25 | $-17.3M | $-2.2M | ||
| Q4 24 | — | $-4.0M | ||
| Q3 24 | $-9.0M | $-5.5M | ||
| Q2 24 | $-6.7M | $1.1M | ||
| Q1 24 | $12.3M | $-4.3M |
| Q4 25 | 12.4% | 52.7% | ||
| Q3 25 | 22.0% | 54.8% | ||
| Q2 25 | -2.9% | 58.1% | ||
| Q1 25 | 7.1% | 56.1% | ||
| Q4 24 | 2.9% | 54.0% | ||
| Q3 24 | 26.5% | 38.6% | ||
| Q2 24 | 69.9% | 46.3% | ||
| Q1 24 | 64.4% | 51.6% |
| Q4 25 | — | -113.7% | ||
| Q3 25 | — | -49.5% | ||
| Q2 25 | — | -34.6% | ||
| Q1 25 | — | -38.7% | ||
| Q4 24 | — | -74.9% | ||
| Q3 24 | — | -122.7% | ||
| Q2 24 | — | 23.1% | ||
| Q1 24 | — | -87.6% |
| Q4 25 | — | -49.7% | ||
| Q3 25 | 1328.1% | -49.4% | ||
| Q2 25 | 140.0% | -35.3% | ||
| Q1 25 | -1022.5% | -37.9% | ||
| Q4 24 | — | -74.4% | ||
| Q3 24 | -1223.0% | -120.0% | ||
| Q2 24 | -1198.9% | 23.1% | ||
| Q1 24 | 2715.3% | -83.9% |
| Q4 25 | $-1.58 | $-0.09 | ||
| Q3 25 | $1.30 | $-0.11 | ||
| Q2 25 | $0.14 | $-0.08 | ||
| Q1 25 | $-0.86 | $-0.09 | ||
| Q4 24 | $0.28 | $-0.16 | ||
| Q3 24 | $-0.56 | $-0.21 | ||
| Q2 24 | $-0.43 | $0.04 | ||
| Q1 24 | $0.63 | $-0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.5M | $70.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $139.4M | $83.6M |
| Total Assets | $214.6M | $98.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5M | $70.7M | ||
| Q3 25 | $4.5M | $25.3M | ||
| Q2 25 | $639.2K | $22.7M | ||
| Q1 25 | $269.9K | $13.4M | ||
| Q4 24 | $2.0M | $15.1M | ||
| Q3 24 | $254.5K | $18.4M | ||
| Q2 24 | $536.7K | $21.8M | ||
| Q1 24 | $670.6K | $14.4M |
| Q4 25 | $139.4M | $83.6M | ||
| Q3 25 | $225.4M | $38.6M | ||
| Q2 25 | $31.1M | $37.4M | ||
| Q1 25 | $20.6M | $28.2M | ||
| Q4 24 | $34.0M | $29.9M | ||
| Q3 24 | $25.2M | $33.3M | ||
| Q2 24 | $33.1M | $38.0M | ||
| Q1 24 | $39.3M | $36.0M |
| Q4 25 | $214.6M | $98.5M | ||
| Q3 25 | $298.9M | $52.0M | ||
| Q2 25 | $40.8M | $50.5M | ||
| Q1 25 | $21.0M | $43.3M | ||
| Q4 24 | $38.2M | $44.1M | ||
| Q3 24 | $26.5M | $47.4M | ||
| Q2 24 | $33.8M | $52.3M | ||
| Q1 24 | $39.5M | $42.5M |
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 | $-9.8M | $-7.9M |
| Free Cash FlowOCF − Capex | $-9.8M | $-8.2M |
| FCF MarginFCF / Revenue | -138.1% | -134.4% |
| Capex IntensityCapex / Revenue | 0.2% | 4.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-15.8M | $-12.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-9.8M | $-7.9M | ||
| Q3 25 | $-2.8M | $-887.0K | ||
| Q2 25 | $-1.3M | $-1.7M | ||
| Q1 25 | $-1.9M | $-1.7M | ||
| Q4 24 | $-3.5M | $-3.6M | ||
| Q3 24 | $-695.2K | $-3.5M | ||
| Q2 24 | $-924.1K | $-4.3M | ||
| Q1 24 | $-769.0K | $-7.1M |
| Q4 25 | $-9.8M | $-8.2M | ||
| Q3 25 | $-2.8M | $-906.0K | ||
| Q2 25 | $-1.3M | $-1.7M | ||
| Q1 25 | $-1.9M | $-1.7M | ||
| Q4 24 | $-3.5M | $-3.6M | ||
| Q3 24 | — | $-3.5M | ||
| Q2 24 | — | $-4.3M | ||
| Q1 24 | — | $-7.2M |
| Q4 25 | -138.1% | -134.4% | ||
| Q3 25 | -56.7% | -14.1% | ||
| Q2 25 | -48.2% | -27.6% | ||
| Q1 25 | -112.7% | -28.3% | ||
| Q4 24 | -152.2% | -66.1% | ||
| Q3 24 | — | -76.6% | ||
| Q2 24 | — | -92.0% | ||
| Q1 24 | — | -139.0% |
| Q4 25 | 0.2% | 4.9% | ||
| Q3 25 | 0.1% | 0.3% | ||
| Q2 25 | 0.1% | 0.3% | ||
| Q1 25 | 0.1% | 0.1% | ||
| Q4 24 | 0.1% | 0.1% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.7% | ||
| Q1 24 | — | 0.2% |
| Q4 25 | — | — | ||
| Q3 25 | -0.04× | — | ||
| Q2 25 | -0.34× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -3.96× | ||
| Q1 24 | -0.06× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BTCS
| Builder Plus | $5.9M | 83% |
| Other | $1.2M | 17% |
GSIT
| Distribution | $5.6M | 92% |
| Other | $459.0K | 8% |
