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Side-by-side financial comparison of GCL Global Holdings Ltd (GCL) and Honest Company, Inc. (HNST). 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 $78.1M, roughly 1.3× Honest Company, Inc.).
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.
The Honest Company, Inc. is an American digital-first consumer goods company, based in Los Angeles and founded by actress Jessica Alba, Christopher Gavigan, and Brian Lee. The company had $319 million in 2021 sales, and was valued at roughly $550 million as of February 2022. Carla Vernón, Chief Executive Officer, is one of the first Afro-Latina CEOs of a U.S. publicly traded company. The Honest Company has raised multiple rounds of venture capital, and went public via an initial public offeri...
GCL vs HNST — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $98.7M | $78.1M |
| Net Profit | $-5.1M | — |
| Gross Margin | 11.0% | 42.6% |
| Operating Margin | -6.7% | 56.6% |
| Net Margin | -5.2% | — |
| Revenue YoY | — | -19.7% |
| Net Profit YoY | — | — |
| EPS (diluted) | $-0.04 | $0.00 |
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.
| Q1 26 | — | $78.1M | ||
| Q4 25 | — | $88.0M | ||
| Q3 25 | $98.7M | $92.6M | ||
| Q2 25 | $142.1M | $93.5M | ||
| Q1 25 | — | $97.3M | ||
| Q4 24 | — | $99.8M | ||
| Q3 24 | $36.1M | $99.2M | ||
| Q2 24 | — | $93.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-23.6M | ||
| Q3 25 | $-5.1M | $758.0K | ||
| Q2 25 | $5.6M | $3.9M | ||
| Q1 25 | — | $3.3M | ||
| Q4 24 | — | $-809.0K | ||
| Q3 24 | $-1.9M | $165.0K | ||
| Q2 24 | — | $-4.1M |
| Q1 26 | — | 42.6% | ||
| Q4 25 | — | 15.7% | ||
| Q3 25 | 11.0% | 37.3% | ||
| Q2 25 | 15.0% | 40.4% | ||
| Q1 25 | — | 38.7% | ||
| Q4 24 | — | 38.8% | ||
| Q3 24 | 16.2% | 38.7% | ||
| Q2 24 | — | 38.3% |
| Q1 26 | — | 56.6% | ||
| Q4 25 | — | -27.5% | ||
| Q3 25 | -6.7% | 0.3% | ||
| Q2 25 | 2.3% | 3.1% | ||
| Q1 25 | — | 2.6% | ||
| Q4 24 | — | -1.0% | ||
| Q3 24 | -5.6% | 0.1% | ||
| Q2 24 | — | -4.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | -26.8% | ||
| Q3 25 | -5.2% | 0.8% | ||
| Q2 25 | 3.9% | 4.1% | ||
| Q1 25 | — | 3.3% | ||
| Q4 24 | — | -0.8% | ||
| Q3 24 | -5.2% | 0.2% | ||
| Q2 24 | — | -4.4% |
| Q1 26 | — | $0.00 | ||
| Q4 25 | — | $-0.21 | ||
| Q3 25 | $-0.04 | $0.01 | ||
| Q2 25 | $0.05 | $0.03 | ||
| Q1 25 | — | $0.03 | ||
| Q4 24 | — | $-0.01 | ||
| Q3 24 | — | $0.00 | ||
| Q2 24 | — | $-0.04 |
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 | $90.4M |
| Total DebtLower is stronger | $52.0M | — |
| Stockholders' EquityBook value | $33.1M | $169.1M |
| Total Assets | $159.9M | $214.9M |
| Debt / EquityLower = less leverage | 1.57× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $90.4M | ||
| Q4 25 | — | $89.6M | ||
| Q3 25 | $16.6M | $71.5M | ||
| Q2 25 | $18.2M | $72.1M | ||
| Q1 25 | — | $72.8M | ||
| Q4 24 | — | $75.4M | ||
| Q3 24 | $2.7M | $53.4M | ||
| Q2 24 | — | $36.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $52.0M | — | ||
| Q2 25 | $11.9M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $169.1M | ||
| Q4 25 | — | $169.7M | ||
| Q3 25 | $33.1M | $190.2M | ||
| Q2 25 | $35.9M | $187.0M | ||
| Q1 25 | — | $180.4M | ||
| Q4 24 | — | $174.3M | ||
| Q3 24 | $15.9M | $133.9M | ||
| Q2 24 | — | $129.7M |
| Q1 26 | — | $214.9M | ||
| Q4 25 | — | $225.4M | ||
| Q3 25 | $159.9M | $241.5M | ||
| Q2 25 | $101.6M | $249.0M | ||
| Q1 25 | — | $265.3M | ||
| Q4 24 | — | $247.4M | ||
| Q3 24 | $49.6M | $209.2M | ||
| Q2 24 | — | $200.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 1.57× | — | ||
| Q2 25 | 0.33× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — |
| Free Cash FlowOCF − Capex | $-5.2M | — |
| FCF MarginFCF / Revenue | -5.3% | — |
| Capex IntensityCapex / Revenue | 0.4% | 0.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $19.3M | ||
| Q3 25 | $-4.8M | $-504.0K | ||
| Q2 25 | $-10.3M | $-745.0K | ||
| Q1 25 | — | $-2.9M | ||
| Q4 24 | — | $-16.8M | ||
| Q3 24 | $6.1M | $15.1M | ||
| Q2 24 | — | $2.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $18.1M | ||
| Q3 25 | $-5.2M | $-624.0K | ||
| Q2 25 | $-10.5M | $-826.0K | ||
| Q1 25 | — | $-3.0M | ||
| Q4 24 | — | $-17.2M | ||
| Q3 24 | — | $15.0M | ||
| Q2 24 | — | $2.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 20.5% | ||
| Q3 25 | -5.3% | -0.7% | ||
| Q2 25 | -7.4% | -0.9% | ||
| Q1 25 | — | -3.1% | ||
| Q4 24 | — | -17.2% | ||
| Q3 24 | — | 15.1% | ||
| Q2 24 | — | 3.1% |
| Q1 26 | — | 0.6% | ||
| Q4 25 | — | 1.4% | ||
| Q3 25 | 0.4% | 0.1% | ||
| Q2 25 | 0.1% | 0.1% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | -0.66× | ||
| Q2 25 | -1.84× | -0.19× | ||
| Q1 25 | — | -0.90× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 91.42× | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
