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

MIND TECHNOLOGY, INC is the larger business by last-quarter revenue ($9.7M vs $6.1M, roughly 1.6× GSI TECHNOLOGY INC). MIND TECHNOLOGY, INC runs the higher net margin — 0.6% vs -49.7%, a 50.3% gap on every dollar of revenue. On growth, GSI TECHNOLOGY INC posted the faster year-over-year revenue change (12.2% vs -20.0%). MIND TECHNOLOGY, INC produced more free cash flow last quarter ($801.0K vs $-8.2M). Over the past eight quarters, GSI TECHNOLOGY INC's revenue compounded faster (8.6% CAGR vs -14.9%).

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.

Mitcham Industries, Inc. is a company founded in 1987, and is based in Huntsville, Texas. The company markets geophysical and other equipment to seismic data acquisition contractors conducting surveys on land, marsh, and marine areas, both shallow and deep water. There are mainly two segments operating in the company, namely an Equipment Leasing segment and an Equipment Manufacturing segment. In October 2011, the Company opened a new logistics and repair facility in Budapest, Hungary, and thr...

GSIT vs MIND — Head-to-Head

Bigger by revenue
MIND
MIND
1.6× larger
MIND
$9.7M
$6.1M
GSIT
Growing faster (revenue YoY)
GSIT
GSIT
+32.2% gap
GSIT
12.2%
-20.0%
MIND
Higher net margin
MIND
MIND
50.3% more per $
MIND
0.6%
-49.7%
GSIT
More free cash flow
MIND
MIND
$9.0M more FCF
MIND
$801.0K
$-8.2M
GSIT
Faster 2-yr revenue CAGR
GSIT
GSIT
Annualised
GSIT
8.6%
-14.9%
MIND

Income Statement — Q3 FY2026 vs Q3 FY2026

Metric
GSIT
GSIT
MIND
MIND
Revenue
$6.1M
$9.7M
Net Profit
$-3.0M
$62.0K
Gross Margin
52.7%
46.6%
Operating Margin
-113.7%
8.0%
Net Margin
-49.7%
0.6%
Revenue YoY
12.2%
-20.0%
Net Profit YoY
25.0%
-95.2%
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
MIND
MIND
Q4 25
$6.1M
$9.7M
Q3 25
$6.4M
$13.6M
Q2 25
$6.3M
$7.9M
Q1 25
$5.9M
$15.0M
Q4 24
$5.4M
$12.1M
Q3 24
$4.5M
$10.0M
Q2 24
$4.7M
$9.7M
Q1 24
$5.2M
$13.4M
Net Profit
GSIT
GSIT
MIND
MIND
Q4 25
$-3.0M
$62.0K
Q3 25
$-3.2M
$1.9M
Q2 25
$-2.2M
$-970.0K
Q1 25
$-2.2M
$2.0M
Q4 24
$-4.0M
$1.3M
Q3 24
$-5.5M
$798.0K
Q2 24
$1.1M
$954.0K
Q1 24
$-4.3M
$1.4M
Gross Margin
GSIT
GSIT
MIND
MIND
Q4 25
52.7%
46.6%
Q3 25
54.8%
50.4%
Q2 25
58.1%
42.2%
Q1 25
56.1%
43.5%
Q4 24
54.0%
44.8%
Q3 24
38.6%
47.6%
Q2 24
46.3%
43.6%
Q1 24
51.6%
46.7%
Operating Margin
GSIT
GSIT
MIND
MIND
Q4 25
-113.7%
8.0%
Q3 25
-49.5%
19.6%
Q2 25
-34.6%
-8.3%
Q1 25
-38.7%
18.5%
Q4 24
-74.9%
15.5%
Q3 24
-122.7%
14.2%
Q2 24
23.1%
7.5%
Q1 24
-87.6%
17.3%
Net Margin
GSIT
GSIT
MIND
MIND
Q4 25
-49.7%
0.6%
Q3 25
-49.4%
14.2%
Q2 25
-35.3%
-12.3%
Q1 25
-37.9%
13.5%
Q4 24
-74.4%
10.7%
Q3 24
-120.0%
8.0%
Q2 24
23.1%
9.9%
Q1 24
-83.9%
10.8%
EPS (diluted)
GSIT
GSIT
MIND
MIND
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

Balance Sheet & Financial Strength

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

Metric
GSIT
GSIT
MIND
MIND
Cash + ST InvestmentsLiquidity on hand
$70.7M
$19.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$83.6M
$39.9M
Total Assets
$98.5M
$47.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSIT
GSIT
MIND
MIND
Q4 25
$70.7M
$19.4M
Q3 25
$25.3M
$7.8M
Q2 25
$22.7M
$9.2M
Q1 25
$13.4M
$5.3M
Q4 24
$15.1M
$3.5M
Q3 24
$18.4M
$1.9M
Q2 24
$21.8M
$924.0K
Q1 24
$14.4M
$5.3M
Stockholders' Equity
GSIT
GSIT
MIND
MIND
Q4 25
$83.6M
$39.9M
Q3 25
$38.6M
$28.8M
Q2 25
$37.4M
$26.6M
Q1 25
$28.2M
$27.3M
Q4 24
$29.9M
$25.2M
Q3 24
$33.3M
$24.5M
Q2 24
$38.0M
$23.6M
Q1 24
$36.0M
$22.6M
Total Assets
GSIT
GSIT
MIND
MIND
Q4 25
$98.5M
$47.3M
Q3 25
$52.0M
$35.8M
Q2 25
$50.5M
$36.2M
Q1 25
$43.3M
$36.7M
Q4 24
$44.1M
$36.1M
Q3 24
$47.4M
$37.8M
Q2 24
$52.3M
$34.9M
Q1 24
$42.5M
$33.5M

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
MIND
MIND
Operating Cash FlowLast quarter
$-7.9M
$894.0K
Free Cash FlowOCF − Capex
$-8.2M
$801.0K
FCF MarginFCF / Revenue
-134.4%
8.3%
Capex IntensityCapex / Revenue
4.9%
1.0%
Cash ConversionOCF / Net Profit
14.42×
TTM Free Cash FlowTrailing 4 quarters
$-12.5M
$5.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSIT
GSIT
MIND
MIND
Q4 25
$-7.9M
$894.0K
Q3 25
$-887.0K
$-1.2M
Q2 25
$-1.7M
$4.1M
Q1 25
$-1.7M
$2.1M
Q4 24
$-3.6M
$2.3M
Q3 24
$-3.5M
$1.1M
Q2 24
$-4.3M
$-4.8M
Q1 24
$-7.1M
$657.0K
Free Cash Flow
GSIT
GSIT
MIND
MIND
Q4 25
$-8.2M
$801.0K
Q3 25
$-906.0K
$-1.3M
Q2 25
$-1.7M
$3.8M
Q1 25
$-1.7M
$1.8M
Q4 24
$-3.6M
$2.2M
Q3 24
$-3.5M
$978.0K
Q2 24
$-4.3M
$-4.8M
Q1 24
$-7.2M
$566.0K
FCF Margin
GSIT
GSIT
MIND
MIND
Q4 25
-134.4%
8.3%
Q3 25
-14.1%
-9.9%
Q2 25
-27.6%
48.5%
Q1 25
-28.3%
12.2%
Q4 24
-66.1%
18.3%
Q3 24
-76.6%
9.7%
Q2 24
-92.0%
-49.8%
Q1 24
-139.0%
4.2%
Capex Intensity
GSIT
GSIT
MIND
MIND
Q4 25
4.9%
1.0%
Q3 25
0.3%
1.3%
Q2 25
0.3%
3.0%
Q1 25
0.1%
1.5%
Q4 24
0.1%
0.6%
Q3 24
0.1%
0.8%
Q2 24
0.7%
0.7%
Q1 24
0.2%
0.7%
Cash Conversion
GSIT
GSIT
MIND
MIND
Q4 25
14.42×
Q3 25
-0.60×
Q2 25
Q1 25
1.01×
Q4 24
1.77×
Q3 24
1.33×
Q2 24
-3.96×
-4.98×
Q1 24
0.46×

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%

MIND
MIND

Segment breakdown not available.

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