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Side-by-side financial comparison of GCL Global Holdings Ltd (GCL) and 1ST SOURCE CORP (SRCE). Click either name above to swap in a different company.

1ST SOURCE CORP is the larger business by last-quarter revenue ($113.1M vs $98.7M, roughly 1.1× GCL Global Holdings Ltd). 1ST SOURCE CORP runs the higher net margin — 35.3% vs -5.2%, a 40.5% gap on every dollar of revenue. 1ST SOURCE CORP produced more free cash flow last quarter ($58.1M vs $-5.2M).

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.

1st Source Corporation is a financial services company headquartered in South Bend, Indiana. It operates 1st Source Bank, a bank with 81 branches in Indiana and Michigan. The bank's Specialty Finance Group provides financing for aircraft, trucks, and construction equipment. 1st Source Insurance provides insurance products and services.

GCL vs SRCE — Head-to-Head

Bigger by revenue
SRCE
SRCE
1.1× larger
SRCE
$113.1M
$98.7M
GCL
Higher net margin
SRCE
SRCE
40.5% more per $
SRCE
35.3%
-5.2%
GCL
More free cash flow
SRCE
SRCE
$63.3M more FCF
SRCE
$58.1M
$-5.2M
GCL

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
GCL
GCL
SRCE
SRCE
Revenue
$98.7M
$113.1M
Net Profit
$-5.1M
$40.0M
Gross Margin
11.0%
Operating Margin
-6.7%
45.4%
Net Margin
-5.2%
35.3%
Revenue YoY
8.7%
Net Profit YoY
6.5%
EPS (diluted)
$-0.04
$1.63

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
SRCE
SRCE
Q1 26
$113.1M
Q4 25
$110.8M
Q3 25
$98.7M
$110.7M
Q2 25
$142.1M
$108.2M
Q1 25
$104.0M
Q4 24
$97.8M
Q3 24
$36.1M
$97.9M
Q2 24
$97.3M
Net Profit
GCL
GCL
SRCE
SRCE
Q1 26
$40.0M
Q4 25
$41.1M
Q3 25
$-5.1M
$42.3M
Q2 25
$5.6M
$37.3M
Q1 25
$37.5M
Q4 24
$31.4M
Q3 24
$-1.9M
$34.9M
Q2 24
$36.8M
Gross Margin
GCL
GCL
SRCE
SRCE
Q1 26
Q4 25
Q3 25
11.0%
Q2 25
15.0%
Q1 25
Q4 24
Q3 24
16.2%
Q2 24
Operating Margin
GCL
GCL
SRCE
SRCE
Q1 26
45.4%
Q4 25
Q3 25
-6.7%
49.7%
Q2 25
2.3%
44.5%
Q1 25
45.8%
Q4 24
Q3 24
-5.6%
46.3%
Q2 24
49.1%
Net Margin
GCL
GCL
SRCE
SRCE
Q1 26
35.3%
Q4 25
37.1%
Q3 25
-5.2%
38.2%
Q2 25
3.9%
34.5%
Q1 25
36.1%
Q4 24
32.1%
Q3 24
-5.2%
35.7%
Q2 24
37.8%
EPS (diluted)
GCL
GCL
SRCE
SRCE
Q1 26
$1.63
Q4 25
$1.67
Q3 25
$-0.04
$1.71
Q2 25
$0.05
$1.51
Q1 25
$1.52
Q4 24
$1.27
Q3 24
$1.41
Q2 24
$1.49

Balance Sheet & Financial Strength

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

Metric
GCL
GCL
SRCE
SRCE
Cash + ST InvestmentsLiquidity on hand
$16.6M
Total DebtLower is stronger
$52.0M
Stockholders' EquityBook value
$33.1M
$1.3B
Total Assets
$159.9M
$9.1B
Debt / EquityLower = less leverage
1.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GCL
GCL
SRCE
SRCE
Q1 26
Q4 25
Q3 25
$16.6M
Q2 25
$18.2M
Q1 25
Q4 24
Q3 24
$2.7M
Q2 24
Total Debt
GCL
GCL
SRCE
SRCE
Q1 26
Q4 25
Q3 25
$52.0M
Q2 25
$11.9M
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
GCL
GCL
SRCE
SRCE
Q1 26
$1.3B
Q4 25
$1.3B
Q3 25
$33.1M
$1.2B
Q2 25
$35.9M
$1.2B
Q1 25
$1.2B
Q4 24
$1.1B
Q3 24
$15.9M
$1.1B
Q2 24
$1.0B
Total Assets
GCL
GCL
SRCE
SRCE
Q1 26
$9.1B
Q4 25
$9.1B
Q3 25
$159.9M
$9.1B
Q2 25
$101.6M
$9.1B
Q1 25
$9.0B
Q4 24
$8.9B
Q3 24
$49.6M
$8.8B
Q2 24
$8.9B
Debt / Equity
GCL
GCL
SRCE
SRCE
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
GCL
GCL
SRCE
SRCE
Operating Cash FlowLast quarter
$-4.8M
$59.1M
Free Cash FlowOCF − Capex
$-5.2M
$58.1M
FCF MarginFCF / Revenue
-5.3%
51.4%
Capex IntensityCapex / Revenue
0.4%
0.9%
Cash ConversionOCF / Net Profit
1.48×
TTM Free Cash FlowTrailing 4 quarters
$361.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GCL
GCL
SRCE
SRCE
Q1 26
$59.1M
Q4 25
$223.1M
Q3 25
$-4.8M
$51.0M
Q2 25
$-10.3M
$44.9M
Q1 25
$71.8M
Q4 24
$193.9M
Q3 24
$6.1M
$68.4M
Q2 24
$50.0M
Free Cash Flow
GCL
GCL
SRCE
SRCE
Q1 26
$58.1M
Q4 25
$213.0M
Q3 25
$-5.2M
$47.3M
Q2 25
$-10.5M
$43.0M
Q1 25
$69.3M
Q4 24
$181.5M
Q3 24
$66.7M
Q2 24
$46.4M
FCF Margin
GCL
GCL
SRCE
SRCE
Q1 26
51.4%
Q4 25
192.2%
Q3 25
-5.3%
42.7%
Q2 25
-7.4%
39.8%
Q1 25
66.6%
Q4 24
185.5%
Q3 24
68.1%
Q2 24
47.7%
Capex Intensity
GCL
GCL
SRCE
SRCE
Q1 26
0.9%
Q4 25
9.1%
Q3 25
0.4%
3.4%
Q2 25
0.1%
1.7%
Q1 25
2.4%
Q4 24
12.6%
Q3 24
1.7%
Q2 24
3.7%
Cash Conversion
GCL
GCL
SRCE
SRCE
Q1 26
1.48×
Q4 25
5.42×
Q3 25
1.21×
Q2 25
-1.84×
1.20×
Q1 25
1.91×
Q4 24
6.17×
Q3 24
1.96×
Q2 24
1.36×

Financial Flow Comparison

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

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