vs
Side-by-side financial comparison of GSI TECHNOLOGY INC (GSIT) and Healthcare Triangle, Inc. (HCTI). Click either name above to swap in a different company.
GSI TECHNOLOGY INC is the larger business by last-quarter revenue ($6.1M vs $3.1M, roughly 1.9× Healthcare Triangle, Inc.). GSI TECHNOLOGY INC runs the higher net margin — -49.7% vs -143.4%, a 93.7% gap on every dollar of revenue. On growth, Healthcare Triangle, Inc. posted the faster year-over-year revenue change (43.4% vs 12.2%). Over the past eight quarters, GSI TECHNOLOGY INC's revenue compounded faster (8.6% CAGR vs -12.6%).
Triad GSI is an American voting machine vendor based in Xenia, Ohio. Their main products are election-related computer hardware and software for counting ballots, as well as voter registration.
Healthcare Triangle, Inc. is a healthcare technology firm that delivers cloud-native data management platforms, AI-powered clinical analytics, and digital workflow solutions. It serves U.S. healthcare providers, payers, and life science organizations, supporting clinical decision-making, care coordination, and operational efficiency across the care continuum.
GSIT vs HCTI — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $6.1M | $3.1M |
| Net Profit | $-3.0M | $-4.5M |
| Gross Margin | 52.7% | — |
| Operating Margin | -113.7% | -141.4% |
| Net Margin | -49.7% | -143.4% |
| Revenue YoY | 12.2% | 43.4% |
| Net Profit YoY | 25.0% | -234.0% |
| EPS (diluted) | $-0.09 | $-151.13 |
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.
| Q4 25 | $6.1M | $3.1M | ||
| Q3 25 | $6.4M | $3.5M | ||
| Q2 25 | $6.3M | $3.6M | ||
| Q1 25 | $5.9M | $3.7M | ||
| Q4 24 | $5.4M | $2.2M | ||
| Q3 24 | $4.5M | $2.4M | ||
| Q2 24 | $4.7M | $3.0M | ||
| Q1 24 | $5.2M | $4.1M |
| Q4 25 | $-3.0M | $-4.5M | ||
| Q3 25 | $-3.2M | $-1.9M | ||
| Q2 25 | $-2.2M | $-1.4M | ||
| Q1 25 | $-2.2M | $-1.7M | ||
| Q4 24 | $-4.0M | $-1.3M | ||
| Q3 24 | $-5.5M | $-1.2M | ||
| Q2 24 | $1.1M | $-1.5M | ||
| Q1 24 | $-4.3M | $-1.9M |
| Q4 25 | 52.7% | — | ||
| Q3 25 | 54.8% | — | ||
| Q2 25 | 58.1% | — | ||
| Q1 25 | 56.1% | — | ||
| Q4 24 | 54.0% | — | ||
| Q3 24 | 38.6% | — | ||
| Q2 24 | 46.3% | — | ||
| Q1 24 | 51.6% | — |
| Q4 25 | -113.7% | -141.4% | ||
| Q3 25 | -49.5% | -74.3% | ||
| Q2 25 | -34.6% | -38.2% | ||
| Q1 25 | -38.7% | -37.7% | ||
| Q4 24 | -74.9% | -22.5% | ||
| Q3 24 | -122.7% | -48.4% | ||
| Q2 24 | 23.1% | -46.2% | ||
| Q1 24 | -87.6% | -41.7% |
| Q4 25 | -49.7% | -143.4% | ||
| Q3 25 | -49.4% | -54.6% | ||
| Q2 25 | -35.3% | -38.4% | ||
| Q1 25 | -37.9% | -45.9% | ||
| Q4 24 | -74.4% | -61.6% | ||
| Q3 24 | -120.0% | -51.8% | ||
| Q2 24 | 23.1% | -50.6% | ||
| Q1 24 | -83.9% | -45.3% |
| Q4 25 | $-0.09 | $-151.13 | ||
| Q3 25 | $-0.11 | $-0.42 | ||
| Q2 25 | $-0.08 | $-0.58 | ||
| Q1 25 | $-0.09 | $-0.17 | ||
| Q4 24 | $-0.16 | $-16783.38 | ||
| Q3 24 | $-0.21 | $-54.78 | ||
| Q2 24 | $0.04 | $-70.72 | ||
| Q1 24 | $-0.17 | $-0.42 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $70.7M | $7.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $83.6M | $9.9M |
| Total Assets | $98.5M | $22.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $70.7M | $7.6M | ||
| Q3 25 | $25.3M | $1.6M | ||
| Q2 25 | $22.7M | — | ||
| Q1 25 | $13.4M | $6.8M | ||
| Q4 24 | $15.1M | $20.0K | ||
| Q3 24 | $18.4M | $28.0K | ||
| Q2 24 | $21.8M | $29.0K | ||
| Q1 24 | $14.4M | $301.0K |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $888.0K |
| Q4 25 | $83.6M | $9.9M | ||
| Q3 25 | $38.6M | $8.7M | ||
| Q2 25 | $37.4M | $10.2M | ||
| Q1 25 | $28.2M | $8.6M | ||
| Q4 24 | $29.9M | $-5.1M | ||
| Q3 24 | $33.3M | $-1.8M | ||
| Q2 24 | $38.0M | $-646.0K | ||
| Q1 24 | $36.0M | $-511.0K |
| Q4 25 | $98.5M | $22.7M | ||
| Q3 25 | $52.0M | $13.8M | ||
| Q2 25 | $50.5M | $14.6M | ||
| Q1 25 | $43.3M | $11.8M | ||
| Q4 24 | $44.1M | $2.0M | ||
| Q3 24 | $47.4M | $4.8M | ||
| Q2 24 | $52.3M | $6.0M | ||
| Q1 24 | $42.5M | $6.9M |
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 | $-7.9M | $-6.8M |
| Free Cash FlowOCF − Capex | $-8.2M | — |
| FCF MarginFCF / Revenue | -134.4% | — |
| Capex IntensityCapex / Revenue | 4.9% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-12.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-7.9M | $-6.8M | ||
| Q3 25 | $-887.0K | $-1.5M | ||
| Q2 25 | $-1.7M | $-2.6M | ||
| Q1 25 | $-1.7M | $-5.6M | ||
| Q4 24 | $-3.6M | $-811.0K | ||
| Q3 24 | $-3.5M | $715.0K | ||
| Q2 24 | $-4.3M | $-935.0K | ||
| Q1 24 | $-7.1M | $-50.0K |
| Q4 25 | $-8.2M | — | ||
| Q3 25 | $-906.0K | $-1.5M | ||
| Q2 25 | $-1.7M | — | ||
| Q1 25 | $-1.7M | — | ||
| Q4 24 | $-3.6M | — | ||
| Q3 24 | $-3.5M | — | ||
| Q2 24 | $-4.3M | — | ||
| Q1 24 | $-7.2M | — |
| Q4 25 | -134.4% | — | ||
| Q3 25 | -14.1% | -43.0% | ||
| Q2 25 | -27.6% | — | ||
| Q1 25 | -28.3% | — | ||
| Q4 24 | -66.1% | — | ||
| Q3 24 | -76.6% | — | ||
| Q2 24 | -92.0% | — | ||
| Q1 24 | -139.0% | — |
| Q4 25 | 4.9% | — | ||
| Q3 25 | 0.3% | 0.1% | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 0.7% | — | ||
| Q1 24 | 0.2% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -3.96× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GSIT
| Distribution | $5.6M | 92% |
| Other | $459.0K | 8% |
HCTI
| Software Services | $2.4M | 78% |
| Managed Services And Support | $609.0K | 19% |
| Other | $88.0K | 3% |
