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Side-by-side financial comparison of GCL Global Holdings Ltd (GCL) and TACTILE SYSTEMS TECHNOLOGY INC (TCMD). Click either name above to swap in a different company.

TACTILE SYSTEMS TECHNOLOGY INC is the larger business by last-quarter revenue ($103.6M vs $98.7M, roughly 1.0× GCL Global Holdings Ltd). TACTILE SYSTEMS TECHNOLOGY INC runs the higher net margin — 10.3% vs -5.2%, a 15.4% gap on every dollar of revenue. TACTILE SYSTEMS TECHNOLOGY INC produced more free cash flow last quarter ($16.8M 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.

Dominion Voting Systems Corporation was a North American company that produced and sold electronic voting hardware and software, including voting machines and tabulators, in Canada and the United States.

GCL vs TCMD — Head-to-Head

Bigger by revenue
TCMD
TCMD
1.0× larger
TCMD
$103.6M
$98.7M
GCL
Higher net margin
TCMD
TCMD
15.4% more per $
TCMD
10.3%
-5.2%
GCL
More free cash flow
TCMD
TCMD
$22.0M more FCF
TCMD
$16.8M
$-5.2M
GCL

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GCL
GCL
TCMD
TCMD
Revenue
$98.7M
$103.6M
Net Profit
$-5.1M
$10.6M
Gross Margin
11.0%
78.2%
Operating Margin
-6.7%
18.1%
Net Margin
-5.2%
10.3%
Revenue YoY
21.0%
Net Profit YoY
9.4%
EPS (diluted)
$-0.04
$0.45

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
TCMD
TCMD
Q4 25
$103.6M
Q3 25
$98.7M
$85.8M
Q2 25
$142.1M
$78.9M
Q1 25
$61.3M
Q4 24
$85.6M
Q3 24
$36.1M
$73.1M
Q2 24
$73.2M
Q1 24
$61.1M
Net Profit
GCL
GCL
TCMD
TCMD
Q4 25
$10.6M
Q3 25
$-5.1M
$8.2M
Q2 25
$5.6M
$3.2M
Q1 25
$-3.0M
Q4 24
$9.7M
Q3 24
$-1.9M
$5.2M
Q2 24
$4.3M
Q1 24
$-2.2M
Gross Margin
GCL
GCL
TCMD
TCMD
Q4 25
78.2%
Q3 25
11.0%
75.8%
Q2 25
15.0%
74.5%
Q1 25
74.0%
Q4 24
75.2%
Q3 24
16.2%
75.0%
Q2 24
73.9%
Q1 24
71.1%
Operating Margin
GCL
GCL
TCMD
TCMD
Q4 25
18.1%
Q3 25
-6.7%
12.8%
Q2 25
2.3%
5.2%
Q1 25
-7.4%
Q4 24
14.6%
Q3 24
-5.6%
9.3%
Q2 24
8.0%
Q1 24
-4.9%
Net Margin
GCL
GCL
TCMD
TCMD
Q4 25
10.3%
Q3 25
-5.2%
9.6%
Q2 25
3.9%
4.1%
Q1 25
-4.9%
Q4 24
11.4%
Q3 24
-5.2%
7.1%
Q2 24
5.9%
Q1 24
-3.6%
EPS (diluted)
GCL
GCL
TCMD
TCMD
Q4 25
$0.45
Q3 25
$-0.04
$0.36
Q2 25
$0.05
$0.14
Q1 25
$-0.13
Q4 24
$0.40
Q3 24
$0.21
Q2 24
$0.18
Q1 24
$-0.09

Balance Sheet & Financial Strength

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

Metric
GCL
GCL
TCMD
TCMD
Cash + ST InvestmentsLiquidity on hand
$16.6M
$83.4M
Total DebtLower is stronger
$52.0M
$0
Stockholders' EquityBook value
$33.1M
$218.9M
Total Assets
$159.9M
$273.9M
Debt / EquityLower = less leverage
1.57×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GCL
GCL
TCMD
TCMD
Q4 25
$83.4M
Q3 25
$16.6M
$66.0M
Q2 25
$18.2M
$81.5M
Q1 25
$83.6M
Q4 24
$94.4M
Q3 24
$2.7M
$82.1M
Q2 24
$73.6M
Q1 24
$60.7M
Total Debt
GCL
GCL
TCMD
TCMD
Q4 25
$0
Q3 25
$52.0M
$0
Q2 25
$11.9M
Q1 25
Q4 24
Q3 24
$27.0M
Q2 24
$27.8M
Q1 24
$28.5M
Stockholders' Equity
GCL
GCL
TCMD
TCMD
Q4 25
$218.9M
Q3 25
$33.1M
$204.9M
Q2 25
$35.9M
$194.9M
Q1 25
$205.6M
Q4 24
$216.6M
Q3 24
$15.9M
$207.9M
Q2 24
$200.7M
Q1 24
$193.5M
Total Assets
GCL
GCL
TCMD
TCMD
Q4 25
$273.9M
Q3 25
$159.9M
$259.2M
Q2 25
$101.6M
$273.0M
Q1 25
$280.2M
Q4 24
$297.9M
Q3 24
$49.6M
$287.7M
Q2 24
$278.8M
Q1 24
$272.0M
Debt / Equity
GCL
GCL
TCMD
TCMD
Q4 25
0.00×
Q3 25
1.57×
0.00×
Q2 25
0.33×
Q1 25
Q4 24
Q3 24
0.13×
Q2 24
0.14×
Q1 24
0.15×

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
TCMD
TCMD
Operating Cash FlowLast quarter
$-4.8M
$17.3M
Free Cash FlowOCF − Capex
$-5.2M
$16.8M
FCF MarginFCF / Revenue
-5.3%
16.2%
Capex IntensityCapex / Revenue
0.4%
0.5%
Cash ConversionOCF / Net Profit
1.63×
TTM Free Cash FlowTrailing 4 quarters
$40.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GCL
GCL
TCMD
TCMD
Q4 25
$17.3M
Q3 25
$-4.8M
$10.3M
Q2 25
$-10.3M
$14.8M
Q1 25
$417.0K
Q4 24
$16.3M
Q3 24
$6.1M
$10.3M
Q2 24
$13.1M
Q1 24
$924.0K
Free Cash Flow
GCL
GCL
TCMD
TCMD
Q4 25
$16.8M
Q3 25
$-5.2M
$9.2M
Q2 25
$-10.5M
$14.4M
Q1 25
$38.0K
Q4 24
$15.9M
Q3 24
$9.3M
Q2 24
$12.6M
Q1 24
$442.0K
FCF Margin
GCL
GCL
TCMD
TCMD
Q4 25
16.2%
Q3 25
-5.3%
10.8%
Q2 25
-7.4%
18.2%
Q1 25
0.1%
Q4 24
18.5%
Q3 24
12.7%
Q2 24
17.3%
Q1 24
0.7%
Capex Intensity
GCL
GCL
TCMD
TCMD
Q4 25
0.5%
Q3 25
0.4%
1.3%
Q2 25
0.1%
0.5%
Q1 25
0.6%
Q4 24
0.5%
Q3 24
1.3%
Q2 24
0.7%
Q1 24
0.8%
Cash Conversion
GCL
GCL
TCMD
TCMD
Q4 25
1.63×
Q3 25
1.26×
Q2 25
-1.84×
4.59×
Q1 25
Q4 24
1.68×
Q3 24
1.99×
Q2 24
3.06×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

GCL
GCL

Segment breakdown not available.

TCMD
TCMD

Private Insurers$57.6M56%
Medicare$24.6M24%
Durable Medical Equipment Distributors$14.1M14%
Veterans Administration$7.3M7%

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