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Side-by-side financial comparison of GCL Global Holdings Ltd (GCL) and HIVE Digital Technologies Ltd. (HIVE). Click either name above to swap in a different company.
GCL Global Holdings Ltd is the larger business by last-quarter revenue ($98.7M vs $93.1M, roughly 1.1× HIVE Digital Technologies Ltd.). GCL Global Holdings Ltd runs the higher net margin — -5.2% vs -98.1%, a 92.9% gap on every dollar of revenue.
GCL Global Holdings Ltd is a leading clean energy enterprise focusing on R&D, production and operation of photovoltaic products, energy storage systems and low-carbon energy solutions. Its main markets cover Asia, Europe, North America, serving utility, commercial and residential distributed energy users across the globe.
Mastech Digital, Inc. is a digital transformation and information technology (IT) services company headquartered in Pittsburgh, Pennsylvania, providing services to corporations across North America, Middle East, Asian, and Japan.
GCL vs HIVE — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $98.7M | $93.1M |
| Net Profit | $-5.1M | $-91.3M |
| Gross Margin | 11.0% | -27.1% |
| Operating Margin | -6.7% | — |
| Net Margin | -5.2% | -98.1% |
| Revenue YoY | — | 218.6% |
| Net Profit YoY | — | -234.0% |
| EPS (diluted) | $-0.04 | $-0.38 |
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 | — | $93.1M | ||
| Q3 25 | $98.7M | $87.3M | ||
| Q2 25 | $142.1M | $45.6M | ||
| Q4 24 | — | $29.2M | ||
| Q3 24 | $36.1M | $22.6M | ||
| Q2 24 | — | $32.2M | ||
| Q4 23 | — | $22.8M |
| Q4 25 | — | $-91.3M | ||
| Q3 25 | $-5.1M | $-15.8M | ||
| Q2 25 | $5.6M | $35.0M | ||
| Q4 24 | — | $68.2M | ||
| Q3 24 | $-1.9M | $80.0K | ||
| Q2 24 | — | $-18.3M | ||
| Q4 23 | — | $-24.5M |
| Q4 25 | — | -27.1% | ||
| Q3 25 | 11.0% | 4.7% | ||
| Q2 25 | 15.0% | -13.6% | ||
| Q4 24 | — | -43.7% | ||
| Q3 24 | 16.2% | -66.1% | ||
| Q2 24 | — | -7.4% | ||
| Q4 23 | — | -52.3% |
| Q4 25 | — | — | ||
| Q3 25 | -6.7% | — | ||
| Q2 25 | 2.3% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -5.6% | — | ||
| Q2 24 | — | — | ||
| Q4 23 | — | — |
| Q4 25 | — | -98.1% | ||
| Q3 25 | -5.2% | -18.1% | ||
| Q2 25 | 3.9% | 76.8% | ||
| Q4 24 | — | 233.2% | ||
| Q3 24 | -5.2% | 0.4% | ||
| Q2 24 | — | -56.7% | ||
| Q4 23 | — | -107.8% |
| Q4 25 | — | $-0.38 | ||
| Q3 25 | $-0.04 | $-0.07 | ||
| Q2 25 | $0.05 | $0.18 | ||
| Q4 24 | — | $0.52 | ||
| Q3 24 | — | $0.00 | ||
| Q2 24 | — | $-0.17 | ||
| Q4 23 | — | $-0.29 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $16.6M | — |
| Total DebtLower is stronger | $52.0M | — |
| Stockholders' EquityBook value | $33.1M | $559.3M |
| Total Assets | $159.9M | $624.0M |
| Debt / EquityLower = less leverage | 1.57× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $16.6M | — | ||
| Q2 25 | $18.2M | — | ||
| Q4 24 | — | $40.5M | ||
| Q3 24 | $2.7M | $31.7M | ||
| Q2 24 | — | — | ||
| Q4 23 | — | $4.5M |
| Q4 25 | — | — | ||
| Q3 25 | $52.0M | — | ||
| Q2 25 | $11.9M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q4 23 | — | — |
| Q4 25 | — | $559.3M | ||
| Q3 25 | $33.1M | $624.6M | ||
| Q2 25 | $35.9M | $560.5M | ||
| Q4 24 | — | $430.9M | ||
| Q3 24 | $15.9M | $275.5M | ||
| Q2 24 | — | $268.6M | ||
| Q4 23 | — | $122.9M |
| Q4 25 | — | $624.0M | ||
| Q3 25 | $159.9M | $693.0M | ||
| Q2 25 | $101.6M | $628.7M | ||
| Q4 24 | — | $478.6M | ||
| Q3 24 | $49.6M | $334.7M | ||
| Q2 24 | — | — | ||
| Q4 23 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | 1.57× | — | ||
| Q2 25 | 0.33× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q4 23 | — | — |
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 | $-4.8M | $46.0M |
| Free Cash FlowOCF − Capex | $-5.2M | — |
| FCF MarginFCF / Revenue | -5.3% | — |
| Capex IntensityCapex / Revenue | 0.4% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $46.0M | ||
| Q3 25 | $-4.8M | $-10.6M | ||
| Q2 25 | $-10.3M | $10.2M | ||
| Q4 24 | — | $-28.5M | ||
| Q3 24 | $6.1M | $-2.2M | ||
| Q2 24 | — | $-4.4M | ||
| Q4 23 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | $-5.2M | — | ||
| Q2 25 | $-10.5M | — | ||
| Q4 24 | — | $-55.5M | ||
| Q3 24 | — | $-34.7M | ||
| Q2 24 | — | — | ||
| Q4 23 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | -5.3% | — | ||
| Q2 25 | -7.4% | — | ||
| Q4 24 | — | -189.9% | ||
| Q3 24 | — | -153.4% | ||
| Q2 24 | — | — | ||
| Q4 23 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 0.1% | — | ||
| Q4 24 | — | 92.5% | ||
| Q3 24 | — | 143.9% | ||
| Q2 24 | — | — | ||
| Q4 23 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -1.84× | 0.29× | ||
| Q4 24 | — | -0.42× | ||
| Q3 24 | — | -26.94× | ||
| Q2 24 | — | — | ||
| Q4 23 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
