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Side-by-side financial comparison of GULF ISLAND FABRICATION INC (GIFI) and Health Catalyst, Inc. (HCAT). Click either name above to swap in a different company.

Health Catalyst, Inc. is the larger business by last-quarter revenue ($74.7M vs $51.5M, roughly 1.4× GULF ISLAND FABRICATION INC). GULF ISLAND FABRICATION INC runs the higher net margin — 3.0% vs -121.9%, a 124.9% gap on every dollar of revenue. On growth, GULF ISLAND FABRICATION INC posted the faster year-over-year revenue change (36.9% vs -6.2%). Health Catalyst, Inc. produced more free cash flow last quarter ($9.6M vs $2.7M). Over the past eight quarters, GULF ISLAND FABRICATION INC's revenue compounded faster (7.6% CAGR vs -0.0%).

Gulf Island Fabrication is an American manufacturer of specialized structures and marine vessels used in the energy sector. it owns seven building yards in Louisiana and Texas and has Bechtel as a partner.

Catalyst Pharmaceuticals, Inc. is a biopharmaceutical company based in Coral Gables, Florida, United States. The company develops medicines for rare diseases, including the phosphate salt of amifampridine for the treatment of Lambert–Eaton myasthenic syndrome (LEMS). The drug is referred to under the trade name Firdapse, which was approved by the FDA for approved use in children 6 years and older with LEMS in addition to the prior approval for use in adults with LEMS on November 28, 2018. Fir...

GIFI vs HCAT — Head-to-Head

Bigger by revenue
HCAT
HCAT
1.4× larger
HCAT
$74.7M
$51.5M
GIFI
Growing faster (revenue YoY)
GIFI
GIFI
+43.1% gap
GIFI
36.9%
-6.2%
HCAT
Higher net margin
GIFI
GIFI
124.9% more per $
GIFI
3.0%
-121.9%
HCAT
More free cash flow
HCAT
HCAT
$7.0M more FCF
HCAT
$9.6M
$2.7M
GIFI
Faster 2-yr revenue CAGR
GIFI
GIFI
Annualised
GIFI
7.6%
-0.0%
HCAT

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GIFI
GIFI
HCAT
HCAT
Revenue
$51.5M
$74.7M
Net Profit
$1.6M
$-91.0M
Gross Margin
9.5%
Operating Margin
2.2%
-115.3%
Net Margin
3.0%
-121.9%
Revenue YoY
36.9%
-6.2%
Net Profit YoY
-32.7%
-340.3%
EPS (diluted)
$0.10
$-1.29

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
GIFI
GIFI
HCAT
HCAT
Q4 25
$74.7M
Q3 25
$51.5M
$76.3M
Q2 25
$37.5M
$80.7M
Q1 25
$40.3M
$79.4M
Q4 24
$37.4M
$79.6M
Q3 24
$37.6M
$76.4M
Q2 24
$41.3M
$75.9M
Q1 24
$42.9M
$74.7M
Net Profit
GIFI
GIFI
HCAT
HCAT
Q4 25
$-91.0M
Q3 25
$1.6M
$-22.2M
Q2 25
$-574.0K
$-41.0M
Q1 25
$3.8M
$-23.7M
Q4 24
$4.3M
$-20.7M
Q3 24
$2.3M
$-14.7M
Q2 24
$1.9M
$-13.5M
Q1 24
$6.2M
$-20.6M
Gross Margin
GIFI
GIFI
HCAT
HCAT
Q4 25
Q3 25
9.5%
52.6%
Q2 25
9.5%
Q1 25
16.4%
Q4 24
19.6%
Q3 24
12.4%
47.5%
Q2 24
10.1%
Q1 24
14.3%
Operating Margin
GIFI
GIFI
HCAT
HCAT
Q4 25
-115.3%
Q3 25
2.2%
-22.9%
Q2 25
-2.9%
-46.0%
Q1 25
8.1%
-25.4%
Q4 24
9.7%
-22.0%
Q3 24
4.4%
-17.9%
Q2 24
3.1%
-20.8%
Q1 24
13.3%
-30.5%
Net Margin
GIFI
GIFI
HCAT
HCAT
Q4 25
-121.9%
Q3 25
3.0%
-29.1%
Q2 25
-1.5%
-50.8%
Q1 25
9.5%
-29.9%
Q4 24
11.5%
-26.0%
Q3 24
6.2%
-19.3%
Q2 24
4.6%
-17.8%
Q1 24
14.6%
-27.6%
EPS (diluted)
GIFI
GIFI
HCAT
HCAT
Q4 25
$-1.29
Q3 25
$0.10
$-0.32
Q2 25
$-0.04
$-0.59
Q1 25
$0.23
$-0.35
Q4 24
$0.26
$-0.33
Q3 24
$0.14
$-0.24
Q2 24
$0.11
$-0.23
Q1 24
$0.37
$-0.35

Balance Sheet & Financial Strength

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

Metric
GIFI
GIFI
HCAT
HCAT
Cash + ST InvestmentsLiquidity on hand
$23.2M
$95.7M
Total DebtLower is stronger
$153.3M
Stockholders' EquityBook value
$94.3M
$245.8M
Total Assets
$146.7M
$502.6M
Debt / EquityLower = less leverage
0.62×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GIFI
GIFI
HCAT
HCAT
Q4 25
$95.7M
Q3 25
$23.2M
$91.5M
Q2 25
$46.8M
$97.3M
Q1 25
$28.6M
$342.0M
Q4 24
$27.3M
$392.0M
Q3 24
$21.3M
$387.3M
Q2 24
$9.5M
$308.3M
Q1 24
$32.5M
$327.8M
Total Debt
GIFI
GIFI
HCAT
HCAT
Q4 25
$153.3M
Q3 25
$153.1M
Q2 25
$153.0M
Q1 25
$382.9M
Q4 24
$382.4M
Q3 24
$345.0M
Q2 24
Q1 24
Stockholders' Equity
GIFI
GIFI
HCAT
HCAT
Q4 25
$245.8M
Q3 25
$94.3M
$331.9M
Q2 25
$92.8M
$347.5M
Q1 25
$96.7M
$376.8M
Q4 24
$93.1M
$365.2M
Q3 24
$88.8M
$355.0M
Q2 24
$86.7M
$357.0M
Q1 24
$85.4M
$357.2M
Total Assets
GIFI
GIFI
HCAT
HCAT
Q4 25
$502.6M
Q3 25
$146.7M
$587.1M
Q2 25
$134.3M
$616.2M
Q1 25
$138.2M
$891.5M
Q4 24
$133.2M
$858.9M
Q3 24
$130.8M
$813.0M
Q2 24
$133.3M
$691.7M
Q1 24
$127.8M
$695.1M
Debt / Equity
GIFI
GIFI
HCAT
HCAT
Q4 25
0.62×
Q3 25
0.46×
Q2 25
0.44×
Q1 25
1.02×
Q4 24
1.05×
Q3 24
0.97×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
GIFI
GIFI
HCAT
HCAT
Operating Cash FlowLast quarter
$2.9M
$9.9M
Free Cash FlowOCF − Capex
$2.7M
$9.6M
FCF MarginFCF / Revenue
5.2%
12.9%
Capex IntensityCapex / Revenue
0.4%
0.4%
Cash ConversionOCF / Net Profit
1.83×
TTM Free Cash FlowTrailing 4 quarters
$8.6M
$-697.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GIFI
GIFI
HCAT
HCAT
Q4 25
$9.9M
Q3 25
$2.9M
$-464.0K
Q2 25
$2.5M
$-9.0M
Q1 25
$2.2M
$280.0K
Q4 24
$2.3M
$-3.5M
Q3 24
$5.6M
$6.2M
Q2 24
$3.3M
$1.6M
Q1 24
$7.0M
$10.3M
Free Cash Flow
GIFI
GIFI
HCAT
HCAT
Q4 25
$9.6M
Q3 25
$2.7M
$-719.0K
Q2 25
$2.2M
$-9.2M
Q1 25
$1.9M
$-390.0K
Q4 24
$1.8M
$-3.9M
Q3 24
$4.3M
$5.5M
Q2 24
$2.3M
$1.3M
Q1 24
$4.5M
$10.1M
FCF Margin
GIFI
GIFI
HCAT
HCAT
Q4 25
12.9%
Q3 25
5.2%
-0.9%
Q2 25
5.9%
-11.4%
Q1 25
4.7%
-0.5%
Q4 24
4.9%
-4.9%
Q3 24
11.5%
7.2%
Q2 24
5.5%
1.7%
Q1 24
10.4%
13.5%
Capex Intensity
GIFI
GIFI
HCAT
HCAT
Q4 25
0.4%
Q3 25
0.4%
0.3%
Q2 25
0.8%
0.3%
Q1 25
0.8%
0.8%
Q4 24
1.2%
0.5%
Q3 24
3.5%
0.9%
Q2 24
2.5%
0.4%
Q1 24
6.0%
0.3%
Cash Conversion
GIFI
GIFI
HCAT
HCAT
Q4 25
Q3 25
1.83×
Q2 25
Q1 25
0.58×
Q4 24
0.54×
Q3 24
2.44×
Q2 24
1.74×
Q1 24
1.12×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GIFI
GIFI

Fabrication Segment$30.6M59%
Time And Materials And Cost Reimbursable$19.8M38%
Other Basis Of Pricing$1.0M2%

HCAT
HCAT

Recurring Technology$51.9M69%
Professional Services$22.8M31%

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