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Side-by-side financial comparison of GSI TECHNOLOGY INC (GSIT) and Relay Therapeutics, Inc. (RLAY). Click either name above to swap in a different company.
Relay Therapeutics, Inc. is the larger business by last-quarter revenue ($7.0M vs $6.1M, roughly 1.2× GSI TECHNOLOGY INC). GSI TECHNOLOGY INC produced more free cash flow last quarter ($-8.2M vs $-235.9M).
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.
Relay Therapeutics is a clinical-stage biotechnology company focused on developing precision oncology therapies. It leverages advanced computational modeling of protein dynamics, paired with cutting-edge experimental biology, to design targeted medicines for previously intractable cancer types, serving global oncology care markets and patient populations.
GSIT vs RLAY — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $6.1M | $7.0M |
| Net Profit | $-3.0M | — |
| Gross Margin | 52.7% | — |
| Operating Margin | -113.7% | — |
| Net Margin | -49.7% | — |
| Revenue YoY | 12.2% | — |
| Net Profit YoY | 25.0% | — |
| 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.
| Q4 25 | $6.1M | $7.0M | ||
| Q3 25 | $6.4M | $0 | ||
| Q2 25 | $6.3M | — | ||
| Q1 25 | $5.9M | $7.7M | ||
| Q4 24 | $5.4M | $0 | ||
| Q3 24 | $4.5M | $0 | ||
| Q2 24 | $4.7M | $0 | ||
| Q1 24 | $5.2M | $10.0M |
| Q4 25 | $-3.0M | — | ||
| Q3 25 | $-3.2M | $-74.1M | ||
| Q2 25 | $-2.2M | — | ||
| Q1 25 | $-2.2M | $-77.1M | ||
| Q4 24 | $-4.0M | — | ||
| Q3 24 | $-5.5M | $-88.1M | ||
| Q2 24 | $1.1M | $-92.2M | ||
| Q1 24 | $-4.3M | $-81.4M |
| 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% | — |
| Q4 25 | -113.7% | — | ||
| Q3 25 | -49.5% | — | ||
| Q2 25 | -34.6% | — | ||
| Q1 25 | -38.7% | -1105.2% | ||
| Q4 24 | -74.9% | — | ||
| Q3 24 | -122.7% | — | ||
| Q2 24 | 23.1% | — | ||
| Q1 24 | -87.6% | -903.0% |
| Q4 25 | -49.7% | — | ||
| Q3 25 | -49.4% | — | ||
| Q2 25 | -35.3% | — | ||
| Q1 25 | -37.9% | -1003.6% | ||
| Q4 24 | -74.4% | — | ||
| Q3 24 | -120.0% | — | ||
| Q2 24 | 23.1% | — | ||
| Q1 24 | -83.9% | -813.3% |
| Q4 25 | $-0.09 | — | ||
| Q3 25 | $-0.11 | $-0.43 | ||
| Q2 25 | $-0.08 | — | ||
| Q1 25 | $-0.09 | $-0.46 | ||
| Q4 24 | $-0.16 | — | ||
| Q3 24 | $-0.21 | $-0.63 | ||
| Q2 24 | $0.04 | $-0.69 | ||
| Q1 24 | $-0.17 | $-0.62 |
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 | $84.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $83.6M | $567.1M |
| Total Assets | $98.5M | $621.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $70.7M | $84.0M | ||
| Q3 25 | $25.3M | $91.6M | ||
| Q2 25 | $22.7M | — | ||
| Q1 25 | $13.4M | $93.5M | ||
| Q4 24 | $15.1M | $124.3M | ||
| Q3 24 | $18.4M | $152.4M | ||
| Q2 24 | $21.8M | $134.1M | ||
| Q1 24 | $14.4M | $152.9M |
| Q4 25 | $83.6M | $567.1M | ||
| Q3 25 | $38.6M | $607.7M | ||
| Q2 25 | $37.4M | — | ||
| Q1 25 | $28.2M | $721.1M | ||
| Q4 24 | $29.9M | $777.8M | ||
| Q3 24 | $33.3M | $838.9M | ||
| Q2 24 | $38.0M | $681.7M | ||
| Q1 24 | $36.0M | $745.8M |
| Q4 25 | $98.5M | $621.3M | ||
| Q3 25 | $52.0M | $670.0M | ||
| Q2 25 | $50.5M | — | ||
| Q1 25 | $43.3M | $799.4M | ||
| Q4 24 | $44.1M | $871.3M | ||
| Q3 24 | $47.4M | $930.1M | ||
| Q2 24 | $52.3M | $772.5M | ||
| Q1 24 | $42.5M | $841.4M |
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 | $-235.5M |
| Free Cash FlowOCF − Capex | $-8.2M | $-235.9M |
| FCF MarginFCF / Revenue | -134.4% | -3370.0% |
| Capex IntensityCapex / Revenue | 4.9% | 5.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-12.5M | $-622.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-7.9M | $-235.5M | ||
| Q3 25 | $-887.0K | $-62.1M | ||
| Q2 25 | $-1.7M | — | ||
| Q1 25 | $-1.7M | $-73.2M | ||
| Q4 24 | $-3.6M | $-249.1M | ||
| Q3 24 | $-3.5M | $-75.1M | ||
| Q2 24 | $-4.3M | $-65.8M | ||
| Q1 24 | $-7.1M | $-50.3M |
| Q4 25 | $-8.2M | $-235.9M | ||
| Q3 25 | $-906.0K | $-62.1M | ||
| Q2 25 | $-1.7M | — | ||
| Q1 25 | $-1.7M | $-73.6M | ||
| Q4 24 | $-3.6M | $-251.1M | ||
| Q3 24 | $-3.5M | $-75.3M | ||
| Q2 24 | $-4.3M | $-65.8M | ||
| Q1 24 | $-7.2M | $-52.1M |
| Q4 25 | -134.4% | -3370.0% | ||
| Q3 25 | -14.1% | — | ||
| Q2 25 | -27.6% | — | ||
| Q1 25 | -28.3% | -958.4% | ||
| Q4 24 | -66.1% | — | ||
| Q3 24 | -76.6% | — | ||
| Q2 24 | -92.0% | — | ||
| Q1 24 | -139.0% | -520.7% |
| Q4 25 | 4.9% | 5.9% | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.1% | 5.0% | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 0.7% | — | ||
| Q1 24 | 0.2% | 17.8% |
| 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
| Distribution | $5.6M | 92% |
| Other | $459.0K | 8% |
RLAY
Segment breakdown not available.
