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Side-by-side financial comparison of GSI TECHNOLOGY INC (GSIT) and Identiv, Inc. (INVE). Click either name above to swap in a different company.
Identiv, Inc. is the larger business by last-quarter revenue ($6.2M vs $6.1M, roughly 1.0× GSI TECHNOLOGY INC). GSI TECHNOLOGY INC runs the higher net margin — -49.7% vs -60.3%, a 10.6% gap on every dollar of revenue. On growth, GSI TECHNOLOGY INC posted the faster year-over-year revenue change (12.2% vs -7.9%). Identiv, Inc. produced more free cash flow last quarter ($2.8M vs $-8.2M). Over the past eight quarters, GSI TECHNOLOGY INC's revenue compounded faster (8.6% CAGR vs -3.8%).
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.
Identiv is a publicly traded Internet of Things technology company listed on the Nasdaq stock market.
GSIT vs INVE — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $6.1M | $6.2M |
| Net Profit | $-3.0M | $-3.7M |
| Gross Margin | 52.7% | 18.1% |
| Operating Margin | -113.7% | -76.4% |
| Net Margin | -49.7% | -60.3% |
| Revenue YoY | 12.2% | -7.9% |
| Net Profit YoY | 25.0% | -948.2% |
| EPS (diluted) | $-0.09 | $-0.17 |
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 | $6.2M | ||
| Q3 25 | $6.4M | $5.0M | ||
| Q2 25 | $6.3M | $5.0M | ||
| Q1 25 | $5.9M | $5.3M | ||
| Q4 24 | $5.4M | $6.7M | ||
| Q3 24 | $4.5M | $6.5M | ||
| Q2 24 | $4.7M | $6.7M | ||
| Q1 24 | $5.2M | $6.7M |
| Q4 25 | $-3.0M | $-3.7M | ||
| Q3 25 | $-3.2M | $-3.5M | ||
| Q2 25 | $-2.2M | $-6.0M | ||
| Q1 25 | $-2.2M | $-4.8M | ||
| Q4 24 | $-4.0M | $-355.0K | ||
| Q3 24 | $-5.5M | $85.9M | ||
| Q2 24 | $1.1M | $-6.2M | ||
| Q1 24 | $-4.3M | $-4.6M |
| Q4 25 | 52.7% | 18.1% | ||
| Q3 25 | 54.8% | 10.7% | ||
| Q2 25 | 58.1% | -9.4% | ||
| Q1 25 | 56.1% | 2.5% | ||
| Q4 24 | 54.0% | -14.9% | ||
| Q3 24 | 38.6% | 3.6% | ||
| Q2 24 | 46.3% | 9.1% | ||
| Q1 24 | 51.6% | 7.3% |
| Q4 25 | -113.7% | -76.4% | ||
| Q3 25 | -49.5% | -111.4% | ||
| Q2 25 | -34.6% | -126.7% | ||
| Q1 25 | -38.7% | -103.8% | ||
| Q4 24 | -74.9% | -98.9% | ||
| Q3 24 | -122.7% | -146.2% | ||
| Q2 24 | 23.1% | -99.7% | ||
| Q1 24 | -87.6% | -76.0% |
| Q4 25 | -49.7% | -60.3% | ||
| Q3 25 | -49.4% | -68.9% | ||
| Q2 25 | -35.3% | -119.9% | ||
| Q1 25 | -37.9% | -90.9% | ||
| Q4 24 | -74.4% | -5.3% | ||
| Q3 24 | -120.0% | 1315.8% | ||
| Q2 24 | 23.1% | -92.2% | ||
| Q1 24 | -83.9% | -68.5% |
| Q4 25 | $-0.09 | $-0.17 | ||
| Q3 25 | $-0.11 | $-0.15 | ||
| Q2 25 | $-0.08 | $-0.26 | ||
| Q1 25 | $-0.09 | $-0.21 | ||
| Q4 24 | $-0.16 | $0.00 | ||
| Q3 24 | $-0.21 | $3.62 | ||
| Q2 24 | $0.04 | $-0.27 | ||
| Q1 24 | $-0.17 | $-0.21 |
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 | $128.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $83.6M | $140.7M |
| Total Assets | $98.5M | $151.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $70.7M | $128.6M | ||
| Q3 25 | $25.3M | $126.3M | ||
| Q2 25 | $22.7M | $129.3M | ||
| Q1 25 | $13.4M | $132.4M | ||
| Q4 24 | $15.1M | $135.6M | ||
| Q3 24 | $18.4M | $145.4M | ||
| Q2 24 | $21.8M | $18.4M | ||
| Q1 24 | $14.4M | $21.6M |
| Q4 25 | $83.6M | $140.7M | ||
| Q3 25 | $38.6M | $143.7M | ||
| Q2 25 | $37.4M | $146.4M | ||
| Q1 25 | $28.2M | $150.5M | ||
| Q4 24 | $29.9M | $154.1M | ||
| Q3 24 | $33.3M | $156.7M | ||
| Q2 24 | $38.0M | $65.1M | ||
| Q1 24 | $36.0M | $70.2M |
| Q4 25 | $98.5M | $151.3M | ||
| Q3 25 | $52.0M | $151.0M | ||
| Q2 25 | $50.5M | $153.9M | ||
| Q1 25 | $43.3M | $158.7M | ||
| Q4 24 | $44.1M | $163.2M | ||
| Q3 24 | $47.4M | $177.0M | ||
| Q2 24 | $52.3M | $97.8M | ||
| Q1 24 | $42.5M | $101.8M |
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 | $3.0M |
| Free Cash FlowOCF − Capex | $-8.2M | $2.8M |
| FCF MarginFCF / Revenue | -134.4% | 45.8% |
| Capex IntensityCapex / Revenue | 4.9% | 3.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-12.5M | $-7.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-7.9M | $3.0M | ||
| Q3 25 | $-887.0K | $-2.9M | ||
| Q2 25 | $-1.7M | $-3.6M | ||
| Q1 25 | $-1.7M | $-3.3M | ||
| Q4 24 | $-3.6M | $-5.9M | ||
| Q3 24 | $-3.5M | $-7.2M | ||
| Q2 24 | $-4.3M | $-993.0K | ||
| Q1 24 | $-7.1M | $-1.3M |
| Q4 25 | $-8.2M | $2.8M | ||
| Q3 25 | $-906.0K | $-3.2M | ||
| Q2 25 | $-1.7M | $-3.8M | ||
| Q1 25 | $-1.7M | $-3.6M | ||
| Q4 24 | $-3.6M | $-6.5M | ||
| Q3 24 | $-3.5M | $-7.7M | ||
| Q2 24 | $-4.3M | $-1.1M | ||
| Q1 24 | $-7.2M | $-1.5M |
| Q4 25 | -134.4% | 45.8% | ||
| Q3 25 | -14.1% | -64.5% | ||
| Q2 25 | -27.6% | -75.8% | ||
| Q1 25 | -28.3% | -68.0% | ||
| Q4 24 | -66.1% | -97.7% | ||
| Q3 24 | -76.6% | -118.2% | ||
| Q2 24 | -92.0% | -16.7% | ||
| Q1 24 | -139.0% | -23.0% |
| Q4 25 | 4.9% | 3.3% | ||
| Q3 25 | 0.3% | 7.0% | ||
| Q2 25 | 0.3% | 5.0% | ||
| Q1 25 | 0.1% | 5.7% | ||
| Q4 24 | 0.1% | 9.3% | ||
| Q3 24 | 0.1% | 7.7% | ||
| Q2 24 | 0.7% | 2.0% | ||
| Q1 24 | 0.2% | 3.5% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -0.08× | ||
| 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% |
INVE
| Other | $3.4M | 55% |
| Europe And Middle East | $2.2M | 36% |
| Asia Pacific | $575.0K | 9% |
