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Side-by-side financial comparison of Forge Global Holdings, Inc. (FRGE) and TRANSACT TECHNOLOGIES INC (TACT). Click either name above to swap in a different company.
Forge Global Holdings, Inc. is the larger business by last-quarter revenue ($21.3M vs $11.5M, roughly 1.9× TRANSACT TECHNOLOGIES INC). On growth, TRANSACT TECHNOLOGIES INC posted the faster year-over-year revenue change (11.9% vs 10.6%). TRANSACT TECHNOLOGIES INC produced more free cash flow last quarter ($589.0K vs $-11.4M). Over the past eight quarters, Forge Global Holdings, Inc.'s revenue compounded faster (5.6% CAGR vs 3.5%).
Bharat Forge Limited is an Indian multinational company involved in forging, automotives, energy, construction and mining, railways, marine, aerospace and defence industries.
Roper Technologies, Inc. is a holding company that owns companies in the technology sector.
FRGE vs TACT — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $21.3M | $11.5M |
| Net Profit | $-18.2M | — |
| Gross Margin | 98.6% | 47.6% |
| Operating Margin | -96.7% | -10.1% |
| Net Margin | -85.7% | — |
| Revenue YoY | 10.6% | 11.9% |
| Net Profit YoY | 0.6% | — |
| EPS (diluted) | $-1.37 | $-0.11 |
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 | — | $11.5M | ||
| Q3 25 | $21.3M | $13.2M | ||
| Q2 25 | $27.7M | $13.8M | ||
| Q1 25 | $25.3M | $13.1M | ||
| Q4 24 | $18.6M | $10.2M | ||
| Q3 24 | $19.2M | $10.9M | ||
| Q2 24 | $22.3M | $11.6M | ||
| Q1 24 | $19.2M | $10.7M |
| Q4 25 | — | — | ||
| Q3 25 | $-18.2M | $15.0K | ||
| Q2 25 | $-12.6M | $-143.0K | ||
| Q1 25 | $-16.2M | $19.0K | ||
| Q4 24 | $-15.6M | — | ||
| Q3 24 | $-18.3M | $-551.0K | ||
| Q2 24 | $-13.7M | $-319.0K | ||
| Q1 24 | $-18.6M | $-1.0M |
| Q4 25 | — | 47.6% | ||
| Q3 25 | 98.6% | 49.8% | ||
| Q2 25 | 99.4% | 48.2% | ||
| Q1 25 | 99.2% | 48.7% | ||
| Q4 24 | 98.3% | 44.2% | ||
| Q3 24 | 99.6% | 48.1% | ||
| Q2 24 | 98.9% | 52.7% | ||
| Q1 24 | 99.8% | 52.6% |
| Q4 25 | — | -10.1% | ||
| Q3 25 | -96.7% | 0.1% | ||
| Q2 25 | -46.3% | -1.9% | ||
| Q1 25 | -65.1% | -0.1% | ||
| Q4 24 | -100.6% | -10.3% | ||
| Q3 24 | -108.8% | -7.7% | ||
| Q2 24 | -79.2% | -3.8% | ||
| Q1 24 | -130.0% | -12.2% |
| Q4 25 | — | — | ||
| Q3 25 | -85.7% | 0.1% | ||
| Q2 25 | -45.4% | -1.0% | ||
| Q1 25 | -63.9% | 0.1% | ||
| Q4 24 | -84.2% | — | ||
| Q3 24 | -95.5% | -5.1% | ||
| Q2 24 | -61.6% | -2.8% | ||
| Q1 24 | -96.8% | -9.7% |
| Q4 25 | — | $-0.11 | ||
| Q3 25 | $-1.37 | $0.00 | ||
| Q2 25 | $-1.01 | $-0.01 | ||
| Q1 25 | $-1.29 | $0.00 | ||
| Q4 24 | $3.81 | $-0.80 | ||
| Q3 24 | $-1.49 | $-0.06 | ||
| Q2 24 | $-1.13 | $-0.03 | ||
| Q1 24 | $-1.55 | $-0.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $60.7M | $20.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $202.6M | $31.1M |
| Total Assets | $252.0M | $44.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $20.4M | ||
| Q3 25 | $60.7M | $20.0M | ||
| Q2 25 | $80.7M | $17.7M | ||
| Q1 25 | $92.0M | $14.2M | ||
| Q4 24 | $105.1M | $14.4M | ||
| Q3 24 | $114.5M | $11.3M | ||
| Q2 24 | $120.5M | $11.1M | ||
| Q1 24 | $129.6M | $10.6M |
| Q4 25 | — | $31.1M | ||
| Q3 25 | $202.6M | $31.8M | ||
| Q2 25 | $200.5M | $31.3M | ||
| Q1 25 | $213.5M | $30.9M | ||
| Q4 24 | $223.6M | $30.6M | ||
| Q3 24 | $234.5M | $38.4M | ||
| Q2 24 | $245.4M | $38.5M | ||
| Q1 24 | $252.2M | $38.6M |
| Q4 25 | — | $44.8M | ||
| Q3 25 | $252.0M | $45.0M | ||
| Q2 25 | $242.8M | $44.5M | ||
| Q1 25 | $249.5M | $44.2M | ||
| Q4 24 | $263.5M | $44.0M | ||
| Q3 24 | $276.6M | $50.5M | ||
| Q2 24 | $285.7M | $50.4M | ||
| Q1 24 | $298.7M | $51.9M |
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 | $-11.4M | $609.0K |
| Free Cash FlowOCF − Capex | $-11.4M | $589.0K |
| FCF MarginFCF / Revenue | -53.6% | 5.1% |
| Capex IntensityCapex / Revenue | 0.2% | 0.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-73.5M | $7.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $609.0K | ||
| Q3 25 | $-11.4M | $3.6M | ||
| Q2 25 | $-7.8M | $3.6M | ||
| Q1 25 | $-12.8M | $-161.0K | ||
| Q4 24 | $-40.5M | $2.4M | ||
| Q3 24 | $-5.8M | $327.0K | ||
| Q2 24 | $-14.4M | $636.0K | ||
| Q1 24 | $-12.4M | $-1.5M |
| Q4 25 | — | $589.0K | ||
| Q3 25 | $-11.4M | $3.6M | ||
| Q2 25 | $-7.9M | $3.6M | ||
| Q1 25 | $-12.9M | $-171.0K | ||
| Q4 24 | $-41.3M | $2.4M | ||
| Q3 24 | $-6.0M | $259.0K | ||
| Q2 24 | $-14.7M | $499.0K | ||
| Q1 24 | $-12.8M | $-1.6M |
| Q4 25 | — | 5.1% | ||
| Q3 25 | -53.6% | 27.1% | ||
| Q2 25 | -28.4% | 25.9% | ||
| Q1 25 | -50.9% | -1.3% | ||
| Q4 24 | -222.3% | 23.2% | ||
| Q3 24 | -31.0% | 2.4% | ||
| Q2 24 | -66.0% | 4.3% | ||
| Q1 24 | -66.4% | -14.9% |
| Q4 25 | — | 0.2% | ||
| Q3 25 | 0.2% | 0.5% | ||
| Q2 25 | 0.4% | 0.1% | ||
| Q1 25 | 0.2% | 0.1% | ||
| Q4 24 | 4.3% | 0.1% | ||
| Q3 24 | 0.7% | 0.6% | ||
| Q2 24 | 1.2% | 1.2% | ||
| Q1 24 | 2.1% | 1.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | 242.00× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -8.47× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FRGE
| Marketplace | $12.2M | 57% |
| Custodial Administration Fees | $9.1M | 43% |
TACT
Segment breakdown not available.
