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Side-by-side financial comparison of FinVolution Group (FINV) and GigaCloud Technology Inc (GCT). Click either name above to swap in a different company.

FinVolution Group is the larger business by last-quarter revenue ($479.7M vs $332.6M, roughly 1.4× GigaCloud Technology Inc). FinVolution Group runs the higher net margin — 21.2% vs 11.2%, a 10.0% gap on every dollar of revenue. GigaCloud Technology Inc produced more free cash flow last quarter ($77.1M vs $70.6M).

Volution Group plc is a manufacturer of ventilation equipment for commercial and residential customers. Based in Crawley, West Sussex, the company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

GigaCloud Technology Inc. is an American e-commerce company that helps retailers buy and sell big and bulky, non-standardized items such as furniture, appliances, and fitness equipment. They own a business-to-business online marketplace and act as a middleman by handling sales, logistics and also delivery to end customers. GigaCloud is headquartered in El Monte, California, and is listed on the Nasdaq stock exchange since August 2022.

FINV vs GCT — Head-to-Head

Bigger by revenue
FINV
FINV
1.4× larger
FINV
$479.7M
$332.6M
GCT
Higher net margin
FINV
FINV
10.0% more per $
FINV
21.2%
11.2%
GCT
More free cash flow
GCT
GCT
$6.4M more FCF
GCT
$77.1M
$70.6M
FINV

Income Statement — Q1 FY2025 vs Q3 FY2025

Metric
FINV
FINV
GCT
GCT
Revenue
$479.7M
$332.6M
Net Profit
$101.7M
$37.2M
Gross Margin
23.2%
Operating Margin
44.6%
12.2%
Net Margin
21.2%
11.2%
Revenue YoY
9.7%
Net Profit YoY
-8.6%
EPS (diluted)
$0.99

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
FINV
FINV
GCT
GCT
Q3 25
$332.6M
Q2 25
$322.6M
Q1 25
$479.7M
$271.9M
Q4 24
$295.8M
Q3 24
$303.3M
Q2 24
$310.9M
Q1 24
$251.1M
Q3 23
$178.2M
Net Profit
FINV
FINV
GCT
GCT
Q3 25
$37.2M
Q2 25
$34.6M
Q1 25
$101.7M
$27.1M
Q4 24
$31.0M
Q3 24
$40.7M
Q2 24
$27.0M
Q1 24
$27.2M
Q3 23
$24.2M
Gross Margin
FINV
FINV
GCT
GCT
Q3 25
23.2%
Q2 25
23.9%
Q1 25
23.4%
Q4 24
22.0%
Q3 24
25.5%
Q2 24
24.6%
Q1 24
26.5%
Q3 23
27.4%
Operating Margin
FINV
FINV
GCT
GCT
Q3 25
12.2%
Q2 25
11.1%
Q1 25
44.6%
10.4%
Q4 24
9.3%
Q3 24
13.4%
Q2 24
8.8%
Q1 24
13.9%
Q3 23
17.8%
Net Margin
FINV
FINV
GCT
GCT
Q3 25
11.2%
Q2 25
10.7%
Q1 25
21.2%
10.0%
Q4 24
10.5%
Q3 24
13.4%
Q2 24
8.7%
Q1 24
10.8%
Q3 23
13.6%
EPS (diluted)
FINV
FINV
GCT
GCT
Q3 25
$0.99
Q2 25
$0.91
Q1 25
$0.68
Q4 24
$0.76
Q3 24
$0.98
Q2 24
$0.65
Q1 24
$0.66
Q3 23
$0.59

Balance Sheet & Financial Strength

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

Metric
FINV
FINV
GCT
GCT
Cash + ST InvestmentsLiquidity on hand
$745.0M
$365.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$457.3M
Total Assets
$3.4B
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FINV
FINV
GCT
GCT
Q3 25
$365.9M
Q2 25
$303.0M
Q1 25
$745.0M
$286.8M
Q4 24
$302.4M
Q3 24
$259.8M
Q2 24
$207.8M
Q1 24
$195.3M
Q3 23
Stockholders' Equity
FINV
FINV
GCT
GCT
Q3 25
$457.3M
Q2 25
$431.4M
Q1 25
$412.9M
Q4 24
$405.2M
Q3 24
$400.4M
Q2 24
$358.4M
Q1 24
$317.8M
Q3 23
$254.2M
Total Assets
FINV
FINV
GCT
GCT
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$3.4B
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.1B
Q1 24
$977.6M
Q3 23

Cash Flow & Capital Efficiency

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

Metric
FINV
FINV
GCT
GCT
Operating Cash FlowLast quarter
$72.0M
$78.3M
Free Cash FlowOCF − Capex
$70.6M
$77.1M
FCF MarginFCF / Revenue
14.7%
23.2%
Capex IntensityCapex / Revenue
0.3%
0.4%
Cash ConversionOCF / Net Profit
0.71×
2.10×
TTM Free Cash FlowTrailing 4 quarters
$188.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FINV
FINV
GCT
GCT
Q3 25
$78.3M
Q2 25
$38.6M
Q1 25
$72.0M
$9.4M
Q4 24
$68.4M
Q3 24
$55.2M
Q2 24
$19.1M
Q1 24
$15.3M
Q3 23
Free Cash Flow
FINV
FINV
GCT
GCT
Q3 25
$77.1M
Q2 25
$37.0M
Q1 25
$70.6M
$7.0M
Q4 24
$66.9M
Q3 24
$51.4M
Q2 24
$12.9M
Q1 24
$11.3M
Q3 23
FCF Margin
FINV
FINV
GCT
GCT
Q3 25
23.2%
Q2 25
11.5%
Q1 25
14.7%
2.6%
Q4 24
22.6%
Q3 24
16.9%
Q2 24
4.2%
Q1 24
4.5%
Q3 23
Capex Intensity
FINV
FINV
GCT
GCT
Q3 25
0.4%
Q2 25
0.5%
Q1 25
0.3%
0.9%
Q4 24
0.5%
Q3 24
1.3%
Q2 24
2.0%
Q1 24
1.6%
Q3 23
Cash Conversion
FINV
FINV
GCT
GCT
Q3 25
2.10×
Q2 25
1.12×
Q1 25
0.71×
0.35×
Q4 24
2.21×
Q3 24
1.36×
Q2 24
0.71×
Q1 24
0.56×
Q3 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

FINV
FINV

Segment breakdown not available.

GCT
GCT

Services$108.4M33%
Transferred Over Time$89.8M27%
Product Sales To B$50.1M15%
Last Mile Delivery Service$49.2M15%
Warehousing Service$14.2M4%
Ocean Transportation Service$9.0M3%
Platform Commission$4.9M1%
Drayage Service$3.2M1%

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