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Side-by-side financial comparison of GCL Global Holdings Ltd (GCL) and NACCO INDUSTRIES INC (NC). 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 $62.8M, roughly 1.6× NACCO INDUSTRIES INC). NACCO INDUSTRIES INC runs the higher net margin — 14.1% vs -5.2%, a 19.2% 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.

NACCO Industries, Inc. is an American publicly traded holding company, headquartered in Cleveland, Ohio. Through a portfolio of mining and natural resources businesses, the company operates under three business segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts with power generation companies and an activated carbon producer pursuant to a service-based business model. The North American Mining se...

GCL vs NC — Head-to-Head

Bigger by revenue
GCL
GCL
1.6× larger
GCL
$98.7M
$62.8M
NC
Higher net margin
NC
NC
19.2% more per $
NC
14.1%
-5.2%
GCL

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
GCL
GCL
NC
NC
Revenue
$98.7M
$62.8M
Net Profit
$-5.1M
$8.8M
Gross Margin
11.0%
22.8%
Operating Margin
-6.7%
17.5%
Net Margin
-5.2%
14.1%
Revenue YoY
-4.3%
Net Profit YoY
80.0%
EPS (diluted)
$-0.04
$1.17

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
GCL
GCL
NC
NC
Q1 26
$62.8M
Q4 25
$66.8M
Q3 25
$98.7M
$76.6M
Q2 25
$142.1M
$68.2M
Q1 25
$65.6M
Q4 24
$70.4M
Q3 24
$36.1M
$61.7M
Q2 24
$52.3M
Net Profit
GCL
GCL
NC
NC
Q1 26
$8.8M
Q4 25
$-3.8M
Q3 25
$-5.1M
$13.3M
Q2 25
$5.6M
$3.3M
Q1 25
$4.9M
Q4 24
$7.6M
Q3 24
$-1.9M
$15.6M
Q2 24
$6.0M
Gross Margin
GCL
GCL
NC
NC
Q1 26
22.8%
Q4 25
18.0%
Q3 25
11.0%
13.0%
Q2 25
15.0%
10.0%
Q1 25
14.7%
Q4 24
12.0%
Q3 24
16.2%
11.7%
Q2 24
13.4%
Operating Margin
GCL
GCL
NC
NC
Q1 26
17.5%
Q4 25
11.3%
Q3 25
-6.7%
8.8%
Q2 25
2.3%
-0.1%
Q1 25
11.7%
Q4 24
5.5%
Q3 24
-5.6%
31.9%
Q2 24
14.1%
Net Margin
GCL
GCL
NC
NC
Q1 26
14.1%
Q4 25
-5.8%
Q3 25
-5.2%
17.3%
Q2 25
3.9%
4.8%
Q1 25
7.5%
Q4 24
10.7%
Q3 24
-5.2%
25.4%
Q2 24
11.4%
EPS (diluted)
GCL
GCL
NC
NC
Q1 26
$1.17
Q4 25
$-0.53
Q3 25
$-0.04
$1.78
Q2 25
$0.05
$0.44
Q1 25
$0.66
Q4 24
$0.99
Q3 24
$2.14
Q2 24
$0.81

Balance Sheet & Financial Strength

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

Metric
GCL
GCL
NC
NC
Cash + ST InvestmentsLiquidity on hand
$16.6M
Total DebtLower is stronger
$52.0M
Stockholders' EquityBook value
$33.1M
Total Assets
$159.9M
Debt / EquityLower = less leverage
1.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GCL
GCL
NC
NC
Q1 26
Q4 25
$49.7M
Q3 25
$16.6M
$52.7M
Q2 25
$18.2M
$49.4M
Q1 25
$61.9M
Q4 24
$72.8M
Q3 24
$2.7M
$63.1M
Q2 24
$62.4M
Total Debt
GCL
GCL
NC
NC
Q1 26
Q4 25
$100.8M
Q3 25
$52.0M
Q2 25
$11.9M
Q1 25
Q4 24
$99.4M
Q3 24
Q2 24
$29.0M
Stockholders' Equity
GCL
GCL
NC
NC
Q1 26
Q4 25
$429.2M
Q3 25
$33.1M
$426.4M
Q2 25
$35.9M
$413.1M
Q1 25
$409.1M
Q4 24
$404.9M
Q3 24
$15.9M
$397.3M
Q2 24
$384.1M
Total Assets
GCL
GCL
NC
NC
Q1 26
Q4 25
$661.2M
Q3 25
$159.9M
$637.6M
Q2 25
$101.6M
$631.3M
Q1 25
$634.2M
Q4 24
$631.7M
Q3 24
$49.6M
$597.4M
Q2 24
$560.1M
Debt / Equity
GCL
GCL
NC
NC
Q1 26
Q4 25
0.23×
Q3 25
1.57×
Q2 25
0.33×
Q1 25
Q4 24
0.25×
Q3 24
Q2 24
0.08×

Cash Flow & Capital Efficiency

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

Metric
GCL
GCL
NC
NC
Operating Cash FlowLast quarter
$-4.8M
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.

Operating Cash Flow
GCL
GCL
NC
NC
Q1 26
Q4 25
$11.4M
Q3 25
$-4.8M
$42.3M
Q2 25
$-10.3M
$-7.8M
Q1 25
$5.0M
Q4 24
$25.2M
Q3 24
$6.1M
$2.8M
Q2 24
$4.1M
Free Cash Flow
GCL
GCL
NC
NC
Q1 26
Q4 25
Q3 25
$-5.2M
Q2 25
$-10.5M
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
GCL
GCL
NC
NC
Q1 26
Q4 25
Q3 25
-5.3%
Q2 25
-7.4%
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
GCL
GCL
NC
NC
Q1 26
Q4 25
Q3 25
0.4%
Q2 25
0.1%
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
GCL
GCL
NC
NC
Q1 26
Q4 25
Q3 25
3.19×
Q2 25
-1.84×
-2.39×
Q1 25
1.03×
Q4 24
3.33×
Q3 24
0.18×
Q2 24
0.68×

Financial Flow Comparison

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

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