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Side-by-side financial comparison of GSI TECHNOLOGY INC (GSIT) and PIONEER POWER SOLUTIONS, INC. (PPSI). Click either name above to swap in a different company.
GSI TECHNOLOGY INC is the larger business by last-quarter revenue ($6.1M vs $5.6M, roughly 1.1× PIONEER POWER SOLUTIONS, INC.). PIONEER POWER SOLUTIONS, INC. runs the higher net margin — -24.7% vs -49.7%, a 25.0% gap on every dollar of revenue. On growth, GSI TECHNOLOGY INC posted the faster year-over-year revenue change (12.2% vs -42.3%). PIONEER POWER SOLUTIONS, INC. produced more free cash flow last quarter ($-2.2M vs $-8.2M). Over the past eight quarters, PIONEER POWER SOLUTIONS, INC.'s revenue compounded faster (30.3% 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.
Caterpillar Energy Solutions GmbH, is a mechanical engineering company based in Mannheim, Baden-Württemberg, Germany. It was known as MWM GmbH Motoren-Werke Mannheim (MWM) until November 2013. In 2009 the company was the third-largest producer by revenue of gas and diesel engines.
GSIT vs PPSI — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $6.1M | $5.6M |
| Net Profit | $-3.0M | $-1.4M |
| Gross Margin | 52.7% | 23.5% |
| Operating Margin | -113.7% | -19.4% |
| Net Margin | -49.7% | -24.7% |
| Revenue YoY | 12.2% | -42.3% |
| Net Profit YoY | 25.0% | -103.8% |
| EPS (diluted) | $-0.09 | $-0.12 |
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 | $5.6M | ||
| Q3 25 | $6.4M | $6.9M | ||
| Q2 25 | $6.3M | $8.4M | ||
| Q1 25 | $5.9M | $6.7M | ||
| Q4 24 | $5.4M | $9.8M | ||
| Q3 24 | $4.5M | $6.4M | ||
| Q2 24 | $4.7M | $3.4M | ||
| Q1 24 | $5.2M | $3.3M |
| Q4 25 | $-3.0M | $-1.4M | ||
| Q3 25 | $-3.2M | $-2.4M | ||
| Q2 25 | $-2.2M | $-1.3M | ||
| Q1 25 | $-2.2M | $-929.0K | ||
| Q4 24 | $-4.0M | $36.3M | ||
| Q3 24 | $-5.5M | $-1.1M | ||
| Q2 24 | $1.1M | $-2.3M | ||
| Q1 24 | $-4.3M | $-1.0M |
| Q4 25 | 52.7% | 23.5% | ||
| Q3 25 | 54.8% | 9.3% | ||
| Q2 25 | 58.1% | 15.7% | ||
| Q1 25 | 56.1% | 2.2% | ||
| Q4 24 | 54.0% | 28.9% | ||
| Q3 24 | 38.6% | 23.7% | ||
| Q2 24 | 46.3% | 18.9% | ||
| Q1 24 | 51.6% | 16.1% |
| Q4 25 | -113.7% | -19.4% | ||
| Q3 25 | -49.5% | -21.0% | ||
| Q2 25 | -34.6% | -20.4% | ||
| Q1 25 | -38.7% | -34.8% | ||
| Q4 24 | -74.9% | -11.0% | ||
| Q3 24 | -122.7% | -11.1% | ||
| Q2 24 | 23.1% | -51.1% | ||
| Q1 24 | -87.6% | -52.1% |
| Q4 25 | -49.7% | -24.7% | ||
| Q3 25 | -49.4% | -34.1% | ||
| Q2 25 | -35.3% | -15.9% | ||
| Q1 25 | -37.9% | -13.8% | ||
| Q4 24 | -74.4% | 372.1% | ||
| Q3 24 | -120.0% | -17.5% | ||
| Q2 24 | 23.1% | -67.2% | ||
| Q1 24 | -83.9% | -31.2% |
| Q4 25 | $-0.09 | $-0.12 | ||
| Q3 25 | $-0.11 | $-0.21 | ||
| Q2 25 | $-0.08 | $-0.12 | ||
| Q1 25 | $-0.09 | $-0.09 | ||
| Q4 24 | $-0.16 | $3.31 | ||
| Q3 24 | $-0.21 | $-0.10 | ||
| Q2 24 | $0.04 | $-0.21 | ||
| Q1 24 | $-0.17 | $-0.10 |
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 | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $83.6M | $29.3M |
| Total Assets | $98.5M | $35.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $70.7M | — | ||
| Q3 25 | $25.3M | — | ||
| Q2 25 | $22.7M | $18.0M | ||
| Q1 25 | $13.4M | $25.8M | ||
| Q4 24 | $15.1M | $41.6M | ||
| Q3 24 | $18.4M | $3.1M | ||
| Q2 24 | $21.8M | $6.5M | ||
| Q1 24 | $14.4M | $6.2M |
| Q4 25 | $83.6M | $29.3M | ||
| Q3 25 | $38.6M | $30.7M | ||
| Q2 25 | $37.4M | $33.0M | ||
| Q1 25 | $28.2M | $34.5M | ||
| Q4 24 | $29.9M | $35.4M | ||
| Q3 24 | $33.3M | $14.7M | ||
| Q2 24 | $38.0M | $15.8M | ||
| Q1 24 | $36.0M | $18.1M |
| Q4 25 | $98.5M | $35.5M | ||
| Q3 25 | $52.0M | $37.6M | ||
| Q2 25 | $50.5M | $39.1M | ||
| Q1 25 | $43.3M | $47.5M | ||
| Q4 24 | $44.1M | $66.0M | ||
| Q3 24 | $47.4M | $40.1M | ||
| Q2 24 | $52.3M | $38.0M | ||
| Q1 24 | $42.5M | $39.3M |
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 | $-1.0M |
| Free Cash FlowOCF − Capex | $-8.2M | $-2.2M |
| FCF MarginFCF / Revenue | -134.4% | -38.8% |
| Capex IntensityCapex / Revenue | 4.9% | 20.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-12.5M | $-8.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-7.9M | $-1.0M | ||
| Q3 25 | $-887.0K | $-817.0K | ||
| Q2 25 | $-1.7M | $-5.5M | ||
| Q1 25 | $-1.7M | $1.5M | ||
| Q4 24 | $-3.6M | $-2.1M | ||
| Q3 24 | $-3.5M | $-2.7M | ||
| Q2 24 | $-4.3M | $571.0K | ||
| Q1 24 | $-7.1M | $-1.9M |
| Q4 25 | $-8.2M | $-2.2M | ||
| Q3 25 | $-906.0K | $-1.6M | ||
| Q2 25 | $-1.7M | $-5.6M | ||
| Q1 25 | $-1.7M | $907.0K | ||
| Q4 24 | $-3.6M | $-4.6M | ||
| Q3 24 | $-3.5M | $-3.4M | ||
| Q2 24 | $-4.3M | $170.0K | ||
| Q1 24 | $-7.2M | $-2.2M |
| Q4 25 | -134.4% | -38.8% | ||
| Q3 25 | -14.1% | -23.4% | ||
| Q2 25 | -27.6% | -67.0% | ||
| Q1 25 | -28.3% | 13.5% | ||
| Q4 24 | -66.1% | -46.9% | ||
| Q3 24 | -76.6% | -53.0% | ||
| Q2 24 | -92.0% | 5.0% | ||
| Q1 24 | -139.0% | -65.2% |
| Q4 25 | 4.9% | 20.3% | ||
| Q3 25 | 0.3% | 11.5% | ||
| Q2 25 | 0.3% | 1.7% | ||
| Q1 25 | 0.1% | 8.8% | ||
| Q4 24 | 0.1% | 25.4% | ||
| Q3 24 | 0.1% | 10.3% | ||
| Q2 24 | 0.7% | 11.8% | ||
| Q1 24 | 0.2% | 6.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -0.06× | ||
| 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
| Distribution | $5.6M | 92% |
| Other | $459.0K | 8% |
PPSI
| Total Revenue | $4.0M | 70% |
| Other | $1.7M | 30% |
