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Side-by-side financial comparison of GSI TECHNOLOGY INC (GSIT) and Immunovant, Inc. (IMVT). Click either name above to swap in a different company.

Immunovant, Inc. is the larger business by last-quarter revenue ($8.4M vs $6.1M, roughly 1.4× GSI TECHNOLOGY INC). GSI TECHNOLOGY INC runs the higher net margin — -49.7% vs -899.0%, a 849.3% gap on every dollar of revenue. On growth, Immunovant, Inc. posted the faster year-over-year revenue change (140.7% vs 12.2%). GSI TECHNOLOGY INC produced more free cash flow last quarter ($-8.2M vs $-59.8M).

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.

Immunovant, Inc. is a clinical-stage biopharmaceutical company focused on developing innovative monoclonal antibody therapies for patients with serious, rare autoimmune and inflammatory diseases. Its lead product candidate covers multiple autoimmune indications, with core U.S. operations and a global market expansion strategy.

GSIT vs IMVT — Head-to-Head

Bigger by revenue
IMVT
IMVT
1.4× larger
IMVT
$8.4M
$6.1M
GSIT
Growing faster (revenue YoY)
IMVT
IMVT
+128.5% gap
IMVT
140.7%
12.2%
GSIT
Higher net margin
GSIT
GSIT
849.3% more per $
GSIT
-49.7%
-899.0%
IMVT
More free cash flow
GSIT
GSIT
$51.7M more FCF
GSIT
$-8.2M
$-59.8M
IMVT

Income Statement — Q3 FY2026 vs Q4 FY2024

Metric
GSIT
GSIT
IMVT
IMVT
Revenue
$6.1M
$8.4M
Net Profit
$-3.0M
$-75.3M
Gross Margin
52.7%
Operating Margin
-113.7%
-896.2%
Net Margin
-49.7%
-899.0%
Revenue YoY
12.2%
140.7%
Net Profit YoY
25.0%
-26.7%
EPS (diluted)
$-0.09
$-0.50

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
GSIT
GSIT
IMVT
IMVT
Q4 25
$6.1M
Q3 25
$6.4M
Q2 25
$6.3M
Q1 25
$5.9M
Q4 24
$5.4M
Q3 24
$4.5M
Q2 24
$4.7M
Q1 24
$5.2M
$8.4M
Net Profit
GSIT
GSIT
IMVT
IMVT
Q4 25
$-3.0M
Q3 25
$-3.2M
Q2 25
$-2.2M
Q1 25
$-2.2M
Q4 24
$-4.0M
Q3 24
$-5.5M
Q2 24
$1.1M
Q1 24
$-4.3M
$-75.3M
Gross Margin
GSIT
GSIT
IMVT
IMVT
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%
Operating Margin
GSIT
GSIT
IMVT
IMVT
Q4 25
-113.7%
Q3 25
-49.5%
Q2 25
-34.6%
Q1 25
-38.7%
Q4 24
-74.9%
Q3 24
-122.7%
Q2 24
23.1%
Q1 24
-87.6%
-896.2%
Net Margin
GSIT
GSIT
IMVT
IMVT
Q4 25
-49.7%
Q3 25
-49.4%
Q2 25
-35.3%
Q1 25
-37.9%
Q4 24
-74.4%
Q3 24
-120.0%
Q2 24
23.1%
Q1 24
-83.9%
-899.0%
EPS (diluted)
GSIT
GSIT
IMVT
IMVT
Q4 25
$-0.09
Q3 25
$-0.11
Q2 25
$-0.08
Q1 25
$-0.09
Q4 24
$-0.16
Q3 24
$-0.21
Q2 24
$0.04
Q1 24
$-0.17
$-0.50

Balance Sheet & Financial Strength

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

Metric
GSIT
GSIT
IMVT
IMVT
Cash + ST InvestmentsLiquidity on hand
$70.7M
$635.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$83.6M
$617.8M
Total Assets
$98.5M
$666.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSIT
GSIT
IMVT
IMVT
Q4 25
$70.7M
Q3 25
$25.3M
Q2 25
$22.7M
Q1 25
$13.4M
Q4 24
$15.1M
Q3 24
$18.4M
Q2 24
$21.8M
Q1 24
$14.4M
$635.4M
Stockholders' Equity
GSIT
GSIT
IMVT
IMVT
Q4 25
$83.6M
Q3 25
$38.6M
Q2 25
$37.4M
Q1 25
$28.2M
Q4 24
$29.9M
Q3 24
$33.3M
Q2 24
$38.0M
Q1 24
$36.0M
$617.8M
Total Assets
GSIT
GSIT
IMVT
IMVT
Q4 25
$98.5M
Q3 25
$52.0M
Q2 25
$50.5M
Q1 25
$43.3M
Q4 24
$44.1M
Q3 24
$47.4M
Q2 24
$52.3M
Q1 24
$42.5M
$666.4M

Cash Flow & Capital Efficiency

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

Metric
GSIT
GSIT
IMVT
IMVT
Operating Cash FlowLast quarter
$-7.9M
$-59.7M
Free Cash FlowOCF − Capex
$-8.2M
$-59.8M
FCF MarginFCF / Revenue
-134.4%
-714.4%
Capex IntensityCapex / Revenue
4.9%
1.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-12.5M
$-214.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSIT
GSIT
IMVT
IMVT
Q4 25
$-7.9M
Q3 25
$-887.0K
Q2 25
$-1.7M
Q1 25
$-1.7M
Q4 24
$-3.6M
Q3 24
$-3.5M
Q2 24
$-4.3M
Q1 24
$-7.1M
$-59.7M
Free Cash Flow
GSIT
GSIT
IMVT
IMVT
Q4 25
$-8.2M
Q3 25
$-906.0K
Q2 25
$-1.7M
Q1 25
$-1.7M
Q4 24
$-3.6M
Q3 24
$-3.5M
Q2 24
$-4.3M
Q1 24
$-7.2M
$-59.8M
FCF Margin
GSIT
GSIT
IMVT
IMVT
Q4 25
-134.4%
Q3 25
-14.1%
Q2 25
-27.6%
Q1 25
-28.3%
Q4 24
-66.1%
Q3 24
-76.6%
Q2 24
-92.0%
Q1 24
-139.0%
-714.4%
Capex Intensity
GSIT
GSIT
IMVT
IMVT
Q4 25
4.9%
Q3 25
0.3%
Q2 25
0.3%
Q1 25
0.1%
Q4 24
0.1%
Q3 24
0.1%
Q2 24
0.7%
Q1 24
0.2%
1.8%
Cash Conversion
GSIT
GSIT
IMVT
IMVT
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
GSIT

Distribution$5.6M92%
Other$459.0K8%

IMVT
IMVT

Segment breakdown not available.

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