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Side-by-side financial comparison of GSI TECHNOLOGY INC (GSIT) and Solana Co (HSDT). Click either name above to swap in a different company.
GSI TECHNOLOGY INC is the larger business by last-quarter revenue ($6.1M vs $5.2M, roughly 1.2× Solana Co). Solana Co runs the higher net margin — 6227.1% vs -49.7%, a 6276.8% gap on every dollar of revenue. On growth, Solana Co posted the faster year-over-year revenue change (2725.9% vs 12.2%). Over the past eight quarters, Solana Co's revenue compounded faster (522.3% CAGR vs 8.6%).
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.
Solana is a Mexican cottage manufacturer of sports, racing, and kids' automobiles based in Mexico City. The family run company has operated since 1936, with a total production of fewer than fifty cars; the majority of them one-offs. The family is heavily involved in motor sports; the most prominent member was Moisés Solana, who raced family-built cars and later in Formula One.
GSIT vs HSDT — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $6.1M | $5.2M |
| Net Profit | $-3.0M | $325.6M |
| Gross Margin | 52.7% | 96.6% |
| Operating Margin | -113.7% | -3845.8% |
| Net Margin | -49.7% | 6227.1% |
| Revenue YoY | 12.2% | 2725.9% |
| Net Profit YoY | 25.0% | 8388.0% |
| EPS (diluted) | $-0.09 | $111.28 |
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 | $5.2M | ||
| Q3 25 | $6.4M | $697.0K | ||
| Q2 25 | $6.3M | $43.0K | ||
| Q1 25 | $5.9M | $49.0K | ||
| Q4 24 | $5.4M | $185.0K | ||
| Q3 24 | $4.5M | $51.0K | ||
| Q2 24 | $4.7M | $182.0K | ||
| Q1 24 | $5.2M | $135.0K |
| Q4 25 | $-3.0M | $325.6M | ||
| Q3 25 | $-3.2M | $-352.8M | ||
| Q2 25 | $-2.2M | $-9.8M | ||
| Q1 25 | $-2.2M | $-3.8M | ||
| Q4 24 | $-4.0M | — | ||
| Q3 24 | $-5.5M | $-3.7M | ||
| Q2 24 | $1.1M | $-1.6M | ||
| Q1 24 | $-4.3M | $-2.5M |
| Q4 25 | 52.7% | 96.6% | ||
| Q3 25 | 54.8% | 85.2% | ||
| Q2 25 | 58.1% | — | ||
| Q1 25 | 56.1% | — | ||
| Q4 24 | 54.0% | 16.8% | ||
| Q3 24 | 38.6% | — | ||
| Q2 24 | 46.3% | 35.2% | ||
| Q1 24 | 51.6% | 8.9% |
| Q4 25 | -113.7% | -3845.8% | ||
| Q3 25 | -49.5% | -5086.1% | ||
| Q2 25 | -34.6% | -7725.6% | ||
| Q1 25 | -38.7% | -8185.7% | ||
| Q4 24 | -74.9% | — | ||
| Q3 24 | -122.7% | -7980.4% | ||
| Q2 24 | 23.1% | -1796.7% | ||
| Q1 24 | -87.6% | -2530.4% |
| Q4 25 | -49.7% | 6227.1% | ||
| Q3 25 | -49.4% | -50612.3% | ||
| Q2 25 | -35.3% | -22867.4% | ||
| Q1 25 | -37.9% | -7832.7% | ||
| Q4 24 | -74.4% | — | ||
| Q3 24 | -120.0% | -7227.5% | ||
| Q2 24 | 23.1% | -885.7% | ||
| Q1 24 | -83.9% | -1863.7% |
| Q4 25 | $-0.09 | $111.28 | ||
| Q3 25 | $-0.11 | $-32.89 | ||
| Q2 25 | $-0.08 | $-79.73 | ||
| Q1 25 | $-0.09 | $-0.51 | ||
| Q4 24 | $-0.16 | — | ||
| Q3 24 | $-0.21 | $-744.35 | ||
| Q2 24 | $0.04 | $-485.30 | ||
| Q1 24 | $-0.17 | $-3.08 |
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 | $7.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $83.6M | $300.9M |
| Total Assets | $98.5M | $303.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $70.7M | $7.3M | ||
| Q3 25 | $25.3M | $124.1M | ||
| Q2 25 | $22.7M | $6.1M | ||
| Q1 25 | $13.4M | $1.1M | ||
| Q4 24 | $15.1M | $1.1M | ||
| Q3 24 | $18.4M | $3.5M | ||
| Q2 24 | $21.8M | $6.4M | ||
| Q1 24 | $14.4M | $3.6M |
| Q4 25 | $83.6M | $300.9M | ||
| Q3 25 | $38.6M | $-152.4M | ||
| Q2 25 | $37.4M | $6.0M | ||
| Q1 25 | $28.2M | $1.3M | ||
| Q4 24 | $29.9M | $1.1M | ||
| Q3 24 | $33.3M | $3.8M | ||
| Q2 24 | $38.0M | $6.3M | ||
| Q1 24 | $36.0M | $2.0M |
| Q4 25 | $98.5M | $303.9M | ||
| Q3 25 | $52.0M | $475.9M | ||
| Q2 25 | $50.5M | $7.9M | ||
| Q1 25 | $43.3M | $3.5M | ||
| Q4 24 | $44.1M | $3.5M | ||
| Q3 24 | $47.4M | $5.6M | ||
| Q2 24 | $52.3M | $8.8M | ||
| Q1 24 | $42.5M | $5.8M |
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 | $-16.5M |
| Free Cash FlowOCF − Capex | $-8.2M | — |
| FCF MarginFCF / Revenue | -134.4% | — |
| Capex IntensityCapex / Revenue | 4.9% | — |
| Cash ConversionOCF / Net Profit | — | -0.05× |
| TTM Free Cash FlowTrailing 4 quarters | $-12.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-7.9M | $-16.5M | ||
| Q3 25 | $-887.0K | $-4.0M | ||
| Q2 25 | $-1.7M | $-2.8M | ||
| Q1 25 | $-1.7M | $-3.5M | ||
| Q4 24 | $-3.6M | $-11.0M | ||
| Q3 24 | $-3.5M | $-2.8M | ||
| Q2 24 | $-4.3M | $-2.9M | ||
| Q1 24 | $-7.1M | $-3.0M |
| Q4 25 | $-8.2M | — | ||
| Q3 25 | $-906.0K | — | ||
| Q2 25 | $-1.7M | — | ||
| Q1 25 | $-1.7M | — | ||
| Q4 24 | $-3.6M | $-11.0M | ||
| Q3 24 | $-3.5M | — | ||
| Q2 24 | $-4.3M | — | ||
| Q1 24 | $-7.2M | $-3.0M |
| Q4 25 | -134.4% | — | ||
| Q3 25 | -14.1% | — | ||
| Q2 25 | -27.6% | — | ||
| Q1 25 | -28.3% | — | ||
| Q4 24 | -66.1% | -5970.8% | ||
| Q3 24 | -76.6% | — | ||
| Q2 24 | -92.0% | — | ||
| Q1 24 | -139.0% | -2226.7% |
| Q4 25 | 4.9% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 0.1% | 2.7% | ||
| Q3 24 | 0.1% | 0.0% | ||
| Q2 24 | 0.7% | 0.0% | ||
| Q1 24 | 0.2% | 3.7% |
| Q4 25 | — | -0.05× | ||
| 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% |
HSDT
Segment breakdown not available.
