vs

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

GSI TECHNOLOGY INC is the larger business by last-quarter revenue ($6.1M vs $3.9M, roughly 1.6× Opus Genetics, Inc.). On growth, GSI TECHNOLOGY INC posted the faster year-over-year revenue change (12.2% vs -10.2%). Over the past eight quarters, Opus Genetics, Inc.'s revenue compounded faster (50.3% 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.

Opus Genetics, Inc. is a clinical-stage biotechnology company specializing in the development of targeted gene therapies for inherited retinal diseases. It focuses on addressing unmet medical needs for patients living with rare, vision-threatening ocular conditions, with operations centered on advancing accessible therapeutic candidates for global rare disease patient populations.

GSIT vs IRD — Head-to-Head

Bigger by revenue
GSIT
GSIT
1.6× larger
GSIT
$6.1M
$3.9M
IRD
Growing faster (revenue YoY)
GSIT
GSIT
+22.4% gap
GSIT
12.2%
-10.2%
IRD
Faster 2-yr revenue CAGR
IRD
IRD
Annualised
IRD
50.3%
8.6%
GSIT

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
GSIT
GSIT
IRD
IRD
Revenue
$6.1M
$3.9M
Net Profit
$-3.0M
Gross Margin
52.7%
Operating Margin
-113.7%
Net Margin
-49.7%
Revenue YoY
12.2%
-10.2%
Net Profit YoY
25.0%
53.0%
EPS (diluted)
$-0.09

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
IRD
IRD
Q4 25
$6.1M
$3.9M
Q3 25
$6.4M
$3.1M
Q2 25
$6.3M
$2.9M
Q1 25
$5.9M
$4.4M
Q4 24
$5.4M
$4.3M
Q3 24
$4.5M
$3.9M
Q2 24
$4.7M
$1.1M
Q1 24
$5.2M
$1.7M
Net Profit
GSIT
GSIT
IRD
IRD
Q4 25
$-3.0M
Q3 25
$-3.2M
$-17.5M
Q2 25
$-2.2M
$-7.4M
Q1 25
$-2.2M
$-8.2M
Q4 24
$-4.0M
Q3 24
$-5.5M
$-7.5M
Q2 24
$1.1M
$-7.8M
Q1 24
$-4.3M
$-7.1M
Gross Margin
GSIT
GSIT
IRD
IRD
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
IRD
IRD
Q4 25
-113.7%
Q3 25
-49.5%
-269.9%
Q2 25
-34.6%
-309.0%
Q1 25
-38.7%
-227.2%
Q4 24
-74.9%
Q3 24
-122.7%
-207.1%
Q2 24
23.1%
-748.9%
Q1 24
-87.6%
-450.5%
Net Margin
GSIT
GSIT
IRD
IRD
Q4 25
-49.7%
Q3 25
-49.4%
-566.9%
Q2 25
-35.3%
-257.5%
Q1 25
-37.9%
-187.5%
Q4 24
-74.4%
Q3 24
-120.0%
-194.6%
Q2 24
23.1%
-698.3%
Q1 24
-83.9%
-415.3%
EPS (diluted)
GSIT
GSIT
IRD
IRD
Q4 25
$-0.09
Q3 25
$-0.11
$-0.25
Q2 25
$-0.08
$-0.12
Q1 25
$-0.09
$-0.24
Q4 24
$-0.16
Q3 24
$-0.21
$-0.29
Q2 24
$0.04
$-0.30
Q1 24
$-0.17
$-0.29

Balance Sheet & Financial Strength

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

Metric
GSIT
GSIT
IRD
IRD
Cash + ST InvestmentsLiquidity on hand
$70.7M
$45.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$83.6M
$15.3M
Total Assets
$98.5M
$50.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSIT
GSIT
IRD
IRD
Q4 25
$70.7M
$45.1M
Q3 25
$25.3M
$30.8M
Q2 25
$22.7M
$32.4M
Q1 25
$13.4M
$41.8M
Q4 24
$15.1M
$30.3M
Q3 24
$18.4M
$36.6M
Q2 24
$21.8M
$41.4M
Q1 24
$14.4M
$47.2M
Stockholders' Equity
GSIT
GSIT
IRD
IRD
Q4 25
$83.6M
$15.3M
Q3 25
$38.6M
$6.0M
Q2 25
$37.4M
$17.5M
Q1 25
$28.2M
$5.1M
Q4 24
$29.9M
$6.7M
Q3 24
$33.3M
$34.3M
Q2 24
$38.0M
$40.6M
Q1 24
$36.0M
$46.1M
Total Assets
GSIT
GSIT
IRD
IRD
Q4 25
$98.5M
$50.2M
Q3 25
$52.0M
$36.1M
Q2 25
$50.5M
$38.7M
Q1 25
$43.3M
$48.2M
Q4 24
$44.1M
$36.9M
Q3 24
$47.4M
$40.4M
Q2 24
$52.3M
$44.8M
Q1 24
$42.5M
$51.8M

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
IRD
IRD
Operating Cash FlowLast quarter
$-7.9M
$-35.3M
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.

Operating Cash Flow
GSIT
GSIT
IRD
IRD
Q4 25
$-7.9M
$-35.3M
Q3 25
$-887.0K
$-6.2M
Q2 25
$-1.7M
$-10.3M
Q1 25
$-1.7M
$-9.0M
Q4 24
$-3.6M
$-25.6M
Q3 24
$-3.5M
$-5.1M
Q2 24
$-4.3M
$-7.3M
Q1 24
$-7.1M
$-5.7M
Free Cash Flow
GSIT
GSIT
IRD
IRD
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
FCF Margin
GSIT
GSIT
IRD
IRD
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%
Capex Intensity
GSIT
GSIT
IRD
IRD
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%
Cash Conversion
GSIT
GSIT
IRD
IRD
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%

IRD
IRD

Segment breakdown not available.

Related Comparisons