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

NVE CORP is the larger business by last-quarter revenue ($6.2M vs $6.1M, roughly 1.0× GSI TECHNOLOGY INC). NVE CORP runs the higher net margin — 54.4% vs -49.7%, a 104.1% gap on every dollar of revenue. On growth, NVE CORP posted the faster year-over-year revenue change (22.9% vs 12.2%). NVE CORP produced more free cash flow last quarter ($-4.8M vs $-8.2M). Over the past eight quarters, GSI TECHNOLOGY INC's revenue compounded faster (8.6% CAGR vs -6.3%).

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.

NVE Corporation develops and manufactures spintronic-based electronic components, including high-performance magnetoresistive sensors, couplers, and signal isolators. Its products are used in industrial automation, automotive systems, medical devices, and IoT applications, serving global original equipment manufacturers and electronic component distributors.

GSIT vs NVEC — Head-to-Head

Bigger by revenue
NVEC
NVEC
1.0× larger
NVEC
$6.2M
$6.1M
GSIT
Growing faster (revenue YoY)
NVEC
NVEC
+10.7% gap
NVEC
22.9%
12.2%
GSIT
Higher net margin
NVEC
NVEC
104.1% more per $
NVEC
54.4%
-49.7%
GSIT
More free cash flow
NVEC
NVEC
$3.4M more FCF
NVEC
$-4.8M
$-8.2M
GSIT
Faster 2-yr revenue CAGR
GSIT
GSIT
Annualised
GSIT
8.6%
-6.3%
NVEC

Income Statement — Q3 FY2026 vs Q3 FY2026

Metric
GSIT
GSIT
NVEC
NVEC
Revenue
$6.1M
$6.2M
Net Profit
$-3.0M
$3.4M
Gross Margin
52.7%
78.6%
Operating Margin
-113.7%
60.2%
Net Margin
-49.7%
54.4%
Revenue YoY
12.2%
22.9%
Net Profit YoY
25.0%
11.0%
EPS (diluted)
$-0.09
$0.70

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
NVEC
NVEC
Q4 25
$6.1M
$6.2M
Q3 25
$6.4M
$6.3M
Q2 25
$6.3M
$6.1M
Q1 25
$5.9M
$7.3M
Q4 24
$5.4M
$5.1M
Q3 24
$4.5M
$6.8M
Q2 24
$4.7M
$6.8M
Q1 24
$5.2M
$7.1M
Net Profit
GSIT
GSIT
NVEC
NVEC
Q4 25
$-3.0M
$3.4M
Q3 25
$-3.2M
$3.3M
Q2 25
$-2.2M
$3.6M
Q1 25
$-2.2M
$3.9M
Q4 24
$-4.0M
$3.0M
Q3 24
$-5.5M
$4.0M
Q2 24
$1.1M
$4.1M
Q1 24
$-4.3M
$3.8M
Gross Margin
GSIT
GSIT
NVEC
NVEC
Q4 25
52.7%
78.6%
Q3 25
54.8%
78.3%
Q2 25
58.1%
80.6%
Q1 25
56.1%
79.2%
Q4 24
54.0%
84.2%
Q3 24
38.6%
86.0%
Q2 24
46.3%
85.6%
Q1 24
51.6%
75.5%
Operating Margin
GSIT
GSIT
NVEC
NVEC
Q4 25
-113.7%
60.2%
Q3 25
-49.5%
57.6%
Q2 25
-34.6%
62.0%
Q1 25
-38.7%
58.4%
Q4 24
-74.9%
58.5%
Q3 24
-122.7%
65.0%
Q2 24
23.1%
64.7%
Q1 24
-87.6%
57.3%
Net Margin
GSIT
GSIT
NVEC
NVEC
Q4 25
-49.7%
54.4%
Q3 25
-49.4%
52.2%
Q2 25
-35.3%
58.6%
Q1 25
-37.9%
53.5%
Q4 24
-74.4%
60.2%
Q3 24
-120.0%
59.6%
Q2 24
23.1%
60.4%
Q1 24
-83.9%
53.8%
EPS (diluted)
GSIT
GSIT
NVEC
NVEC
Q4 25
$-0.09
$0.70
Q3 25
$-0.11
$0.68
Q2 25
$-0.08
$0.74
Q1 25
$-0.09
$0.80
Q4 24
$-0.16
$0.63
Q3 24
$-0.21
$0.83
Q2 24
$0.04
$0.85
Q1 24
$-0.17
$0.78

Balance Sheet & Financial Strength

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

Metric
GSIT
GSIT
NVEC
NVEC
Cash + ST InvestmentsLiquidity on hand
$70.7M
$20.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$83.6M
$58.3M
Total Assets
$98.5M
$60.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSIT
GSIT
NVEC
NVEC
Q4 25
$70.7M
$20.6M
Q3 25
$25.3M
$17.7M
Q2 25
$22.7M
$15.8M
Q1 25
$13.4M
$21.7M
Q4 24
$15.1M
$20.4M
Q3 24
$18.4M
$22.9M
Q2 24
$21.8M
$21.7M
Q1 24
$14.4M
$22.2M
Stockholders' Equity
GSIT
GSIT
NVEC
NVEC
Q4 25
$83.6M
$58.3M
Q3 25
$38.6M
$59.7M
Q2 25
$37.4M
$61.1M
Q1 25
$28.2M
$62.3M
Q4 24
$29.9M
$63.0M
Q3 24
$33.3M
$64.9M
Q2 24
$38.0M
$64.9M
Q1 24
$36.0M
$65.6M
Total Assets
GSIT
GSIT
NVEC
NVEC
Q4 25
$98.5M
$60.0M
Q3 25
$52.0M
$61.5M
Q2 25
$50.5M
$63.6M
Q1 25
$43.3M
$64.3M
Q4 24
$44.1M
$64.6M
Q3 24
$47.4M
$65.9M
Q2 24
$52.3M
$66.7M
Q1 24
$42.5M
$66.8M

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
NVEC
NVEC
Operating Cash FlowLast quarter
$-7.9M
$4.2M
Free Cash FlowOCF − Capex
$-8.2M
$-4.8M
FCF MarginFCF / Revenue
-134.4%
-77.0%
Capex IntensityCapex / Revenue
4.9%
144.3%
Cash ConversionOCF / Net Profit
1.24×
TTM Free Cash FlowTrailing 4 quarters
$-12.5M
$-5.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSIT
GSIT
NVEC
NVEC
Q4 25
$-7.9M
$4.2M
Q3 25
$-887.0K
$2.8M
Q2 25
$-1.7M
$5.2M
Q1 25
$-1.7M
$2.5M
Q4 24
$-3.6M
$3.8M
Q3 24
$-3.5M
$2.1M
Q2 24
$-4.3M
$5.9M
Q1 24
$-7.1M
$3.1M
Free Cash Flow
GSIT
GSIT
NVEC
NVEC
Q4 25
$-8.2M
$-4.8M
Q3 25
$-906.0K
$2.7M
Q2 25
$-1.7M
$4.1M
Q1 25
$-1.7M
$-7.5M
Q4 24
$-3.6M
$-6.3M
Q3 24
$-3.5M
$1.9M
Q2 24
$-4.3M
$4.9M
Q1 24
$-7.2M
FCF Margin
GSIT
GSIT
NVEC
NVEC
Q4 25
-134.4%
-77.0%
Q3 25
-14.1%
42.9%
Q2 25
-27.6%
67.7%
Q1 25
-28.3%
-103.7%
Q4 24
-66.1%
-124.7%
Q3 24
-76.6%
28.5%
Q2 24
-92.0%
72.8%
Q1 24
-139.0%
Capex Intensity
GSIT
GSIT
NVEC
NVEC
Q4 25
4.9%
144.3%
Q3 25
0.3%
1.1%
Q2 25
0.3%
17.3%
Q1 25
0.1%
137.9%
Q4 24
0.1%
200.6%
Q3 24
0.1%
3.1%
Q2 24
0.7%
13.5%
Q1 24
0.2%
0.0%
Cash Conversion
GSIT
GSIT
NVEC
NVEC
Q4 25
1.24×
Q3 25
0.84×
Q2 25
1.45×
Q1 25
0.64×
Q4 24
1.26×
Q3 24
0.53×
Q2 24
-3.96×
1.43×
Q1 24
0.82×

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%

NVEC
NVEC

Segment breakdown not available.

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