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Side-by-side financial comparison of Coda Octopus Group, Inc. (CODA) and GSI TECHNOLOGY INC (GSIT). Click either name above to swap in a different company.

Coda Octopus Group, Inc. is the larger business by last-quarter revenue ($7.3M vs $6.1M, roughly 1.2× GSI TECHNOLOGY INC). Coda Octopus Group, Inc. runs the higher net margin — 14.1% vs -49.7%, a 63.8% gap on every dollar of revenue. On growth, Coda Octopus Group, Inc. posted the faster year-over-year revenue change (43.8% vs 12.2%). Coda Octopus Group, Inc. produced more free cash flow last quarter ($2.5M vs $-8.2M). Over the past eight quarters, Coda Octopus Group, Inc.'s revenue compounded faster (27.7% CAGR vs 8.6%).

CODA plc was a mid-sized international financial software company based in the United Kingdom. Founded in 1979, it was purchased in 2008 by Unit4, a supplier of enterprise software, based in the Netherlands. CODA creates, markets and implements a range of business software systems designed for finance directors and finance departments. These include:financial management systems like accounting software and procurement software: financial analysis applications like reporting, consolidation and...

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.

CODA vs GSIT — Head-to-Head

Bigger by revenue
CODA
CODA
1.2× larger
CODA
$7.3M
$6.1M
GSIT
Growing faster (revenue YoY)
CODA
CODA
+31.6% gap
CODA
43.8%
12.2%
GSIT
Higher net margin
CODA
CODA
63.8% more per $
CODA
14.1%
-49.7%
GSIT
More free cash flow
CODA
CODA
$10.7M more FCF
CODA
$2.5M
$-8.2M
GSIT
Faster 2-yr revenue CAGR
CODA
CODA
Annualised
CODA
27.7%
8.6%
GSIT

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
CODA
CODA
GSIT
GSIT
Revenue
$7.3M
$6.1M
Net Profit
$1.0M
$-3.0M
Gross Margin
67.6%
52.7%
Operating Margin
19.3%
-113.7%
Net Margin
14.1%
-49.7%
Revenue YoY
43.8%
12.2%
Net Profit YoY
214.3%
25.0%
EPS (diluted)
$0.10
$-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
CODA
CODA
GSIT
GSIT
Q4 25
$7.3M
$6.1M
Q3 25
$7.1M
$6.4M
Q2 25
$7.0M
$6.3M
Q1 25
$5.2M
$5.9M
Q4 24
$5.1M
$5.4M
Q3 24
$5.5M
$4.5M
Q2 24
$5.3M
$4.7M
Q1 24
$4.5M
$5.2M
Net Profit
CODA
CODA
GSIT
GSIT
Q4 25
$1.0M
$-3.0M
Q3 25
$1.3M
$-3.2M
Q2 25
$908.8K
$-2.2M
Q1 25
$913.0K
$-2.2M
Q4 24
$326.2K
$-4.0M
Q3 24
$1.3M
$-5.5M
Q2 24
$1.4M
$1.1M
Q1 24
$629.9K
$-4.3M
Gross Margin
CODA
CODA
GSIT
GSIT
Q4 25
67.6%
52.7%
Q3 25
68.3%
54.8%
Q2 25
64.1%
58.1%
Q1 25
65.8%
56.1%
Q4 24
65.3%
54.0%
Q3 24
73.9%
38.6%
Q2 24
70.2%
46.3%
Q1 24
69.2%
51.6%
Operating Margin
CODA
CODA
GSIT
GSIT
Q4 25
19.3%
-113.7%
Q3 25
19.5%
-49.5%
Q2 25
15.5%
-34.6%
Q1 25
12.7%
-38.7%
Q4 24
5.7%
-74.9%
Q3 24
25.4%
-122.7%
Q2 24
25.4%
23.1%
Q1 24
12.4%
-87.6%
Net Margin
CODA
CODA
GSIT
GSIT
Q4 25
14.1%
-49.7%
Q3 25
18.2%
-49.4%
Q2 25
13.0%
-35.3%
Q1 25
17.5%
-37.9%
Q4 24
6.5%
-74.4%
Q3 24
23.3%
-120.0%
Q2 24
26.6%
23.1%
Q1 24
14.1%
-83.9%
EPS (diluted)
CODA
CODA
GSIT
GSIT
Q4 25
$0.10
$-0.09
Q3 25
$0.11
$-0.11
Q2 25
$0.08
$-0.08
Q1 25
$0.08
$-0.09
Q4 24
$0.02
$-0.16
Q3 24
$0.11
$-0.21
Q2 24
$0.13
$0.04
Q1 24
$0.06
$-0.17

Balance Sheet & Financial Strength

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

Metric
CODA
CODA
GSIT
GSIT
Cash + ST InvestmentsLiquidity on hand
$28.7M
$70.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$58.1M
$83.6M
Total Assets
$64.5M
$98.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CODA
CODA
GSIT
GSIT
Q4 25
$28.7M
$70.7M
Q3 25
$26.2M
$25.3M
Q2 25
$24.5M
$22.7M
Q1 25
$22.5M
$13.4M
Q4 24
$22.5M
$15.1M
Q3 24
$25.2M
$18.4M
Q2 24
$23.7M
$21.8M
Q1 24
$25.0M
$14.4M
Stockholders' Equity
CODA
CODA
GSIT
GSIT
Q4 25
$58.1M
$83.6M
Q3 25
$57.3M
$38.6M
Q2 25
$55.9M
$37.4M
Q1 25
$53.1M
$28.2M
Q4 24
$53.1M
$29.9M
Q3 24
$52.8M
$33.3M
Q2 24
$51.1M
$38.0M
Q1 24
$50.1M
$36.0M
Total Assets
CODA
CODA
GSIT
GSIT
Q4 25
$64.5M
$98.5M
Q3 25
$61.9M
$52.0M
Q2 25
$60.6M
$50.5M
Q1 25
$56.9M
$43.3M
Q4 24
$57.5M
$44.1M
Q3 24
$55.9M
$47.4M
Q2 24
$54.0M
$52.3M
Q1 24
$53.0M
$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
CODA
CODA
GSIT
GSIT
Operating Cash FlowLast quarter
$2.9M
$-7.9M
Free Cash FlowOCF − Capex
$2.5M
$-8.2M
FCF MarginFCF / Revenue
34.9%
-134.4%
Capex IntensityCapex / Revenue
5.0%
4.9%
Cash ConversionOCF / Net Profit
2.83×
TTM Free Cash FlowTrailing 4 quarters
$6.0M
$-12.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CODA
CODA
GSIT
GSIT
Q4 25
$2.9M
$-7.9M
Q3 25
$2.2M
$-887.0K
Q2 25
$1.5M
$-1.7M
Q1 25
$641.5K
$-1.7M
Q4 24
$2.0M
$-3.6M
Q3 24
$1.7M
$-3.5M
Q2 24
$-955.8K
$-4.3M
Q1 24
$-298.0K
$-7.1M
Free Cash Flow
CODA
CODA
GSIT
GSIT
Q4 25
$2.5M
$-8.2M
Q3 25
$1.6M
$-906.0K
Q2 25
$1.4M
$-1.7M
Q1 25
$513.4K
$-1.7M
Q4 24
$1.9M
$-3.6M
Q3 24
$1.5M
$-3.5M
Q2 24
$-1.1M
$-4.3M
Q1 24
$-433.6K
$-7.2M
FCF Margin
CODA
CODA
GSIT
GSIT
Q4 25
34.9%
-134.4%
Q3 25
22.6%
-14.1%
Q2 25
19.9%
-27.6%
Q1 25
9.9%
-28.3%
Q4 24
38.5%
-66.1%
Q3 24
28.2%
-76.6%
Q2 24
-20.9%
-92.0%
Q1 24
-9.7%
-139.0%
Capex Intensity
CODA
CODA
GSIT
GSIT
Q4 25
5.0%
4.9%
Q3 25
8.6%
0.3%
Q2 25
1.0%
0.3%
Q1 25
2.5%
0.1%
Q4 24
0.9%
0.1%
Q3 24
3.0%
0.1%
Q2 24
2.9%
0.7%
Q1 24
3.0%
0.2%
Cash Conversion
CODA
CODA
GSIT
GSIT
Q4 25
2.83×
Q3 25
1.72×
Q2 25
1.61×
Q1 25
0.70×
Q4 24
6.11×
Q3 24
1.34×
Q2 24
-0.68×
-3.96×
Q1 24
-0.47×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CODA
CODA

Segment Reporting$3.1M42%
Transferred At Point In Time$1.8M24%
Precision Acoustics Limited$1.3M18%
Other$1.1M15%

GSIT
GSIT

Distribution$5.6M92%
Other$459.0K8%

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