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

GSI TECHNOLOGY INC is the larger business by last-quarter revenue ($6.1M vs $4.8M, roughly 1.3× Scilex Holding Co). GSI TECHNOLOGY INC runs the higher net margin — -49.7% vs -961.9%, a 912.2% gap on every dollar of revenue. On growth, GSI TECHNOLOGY INC posted the faster year-over-year revenue change (12.2% vs -67.8%). Over the past eight quarters, GSI TECHNOLOGY INC's revenue compounded faster (8.6% CAGR vs -33.6%).

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.

Scilex Holding Co is a commercial-stage biopharmaceutical firm focused on developing and commercializing innovative non-opioid pain management therapies for acute and chronic pain segments. It primarily serves the US market, offering prescription and over-the-counter pain relief solutions for patients and healthcare providers.

GSIT vs SCLX — Head-to-Head

Bigger by revenue
GSIT
GSIT
1.3× larger
GSIT
$6.1M
$4.8M
SCLX
Growing faster (revenue YoY)
GSIT
GSIT
+80.1% gap
GSIT
12.2%
-67.8%
SCLX
Higher net margin
GSIT
GSIT
912.2% more per $
GSIT
-49.7%
-961.9%
SCLX
Faster 2-yr revenue CAGR
GSIT
GSIT
Annualised
GSIT
8.6%
-33.6%
SCLX

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
GSIT
GSIT
SCLX
SCLX
Revenue
$6.1M
$4.8M
Net Profit
$-3.0M
$-46.1M
Gross Margin
52.7%
45.5%
Operating Margin
-113.7%
-2317.8%
Net Margin
-49.7%
-961.9%
Revenue YoY
12.2%
-67.8%
Net Profit YoY
25.0%
-613.7%
EPS (diluted)
$-0.09
$-4.63

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
SCLX
SCLX
Q4 25
$6.1M
$4.8M
Q3 25
$6.4M
$10.6M
Q2 25
$6.3M
$9.9M
Q1 25
$5.9M
$5.0M
Q4 24
$5.4M
$14.9M
Q3 24
$4.5M
$14.4M
Q2 24
$4.7M
$16.4M
Q1 24
$5.2M
$10.9M
Net Profit
GSIT
GSIT
SCLX
SCLX
Q4 25
$-3.0M
$-46.1M
Q3 25
$-3.2M
$-257.8M
Q2 25
$-2.2M
$-44.0M
Q1 25
$-2.2M
$-26.1M
Q4 24
$-4.0M
$-6.5M
Q3 24
$-5.5M
$-4.4M
Q2 24
$1.1M
$-37.6M
Q1 24
$-4.3M
$-24.4M
Gross Margin
GSIT
GSIT
SCLX
SCLX
Q4 25
52.7%
45.5%
Q3 25
54.8%
68.5%
Q2 25
58.1%
66.9%
Q1 25
56.1%
72.3%
Q4 24
54.0%
68.5%
Q3 24
38.6%
73.9%
Q2 24
46.3%
73.2%
Q1 24
51.6%
64.7%
Operating Margin
GSIT
GSIT
SCLX
SCLX
Q4 25
-113.7%
-2317.8%
Q3 25
-49.5%
-1766.2%
Q2 25
-34.6%
-207.2%
Q1 25
-38.7%
-557.5%
Q4 24
-74.9%
-190.5%
Q3 24
-122.7%
-138.0%
Q2 24
23.1%
-95.4%
Q1 24
-87.6%
-179.0%
Net Margin
GSIT
GSIT
SCLX
SCLX
Q4 25
-49.7%
-961.9%
Q3 25
-49.4%
-2441.5%
Q2 25
-35.3%
-445.1%
Q1 25
-37.9%
-521.2%
Q4 24
-74.4%
-43.4%
Q3 24
-120.0%
-30.4%
Q2 24
23.1%
-229.6%
Q1 24
-83.9%
-224.0%
EPS (diluted)
GSIT
GSIT
SCLX
SCLX
Q4 25
$-0.09
$-4.63
Q3 25
$-0.11
$-22.17
Q2 25
$-0.08
$-7.42
Q1 25
$-0.09
$-2.26
Q4 24
$-0.16
$8.53
Q3 24
$-0.21
$-0.58
Q2 24
$0.04
$-7.67
Q1 24
$-0.17
$-8.33

Balance Sheet & Financial Strength

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

Metric
GSIT
GSIT
SCLX
SCLX
Cash + ST InvestmentsLiquidity on hand
$70.7M
$5.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$83.6M
$-207.8M
Total Assets
$98.5M
$365.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSIT
GSIT
SCLX
SCLX
Q4 25
$70.7M
$5.0M
Q3 25
$25.3M
$878.0K
Q2 25
$22.7M
$4.1M
Q1 25
$13.4M
$5.8M
Q4 24
$15.1M
$3.3M
Q3 24
$18.4M
$77.0K
Q2 24
$21.8M
$6.9M
Q1 24
$14.4M
$1.8M
Stockholders' Equity
GSIT
GSIT
SCLX
SCLX
Q4 25
$83.6M
$-207.8M
Q3 25
$38.6M
$-176.9M
Q2 25
$37.4M
$-249.0M
Q1 25
$28.2M
$-211.5M
Q4 24
$29.9M
$-192.6M
Q3 24
$33.3M
$-211.3M
Q2 24
$38.0M
$-214.7M
Q1 24
$36.0M
$-189.8M
Total Assets
GSIT
GSIT
SCLX
SCLX
Q4 25
$98.5M
$365.0M
Q3 25
$52.0M
$275.9M
Q2 25
$50.5M
$83.8M
Q1 25
$43.3M
$79.0M
Q4 24
$44.1M
$93.0M
Q3 24
$47.4M
$100.4M
Q2 24
$52.3M
$104.5M
Q1 24
$42.5M
$91.2M

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
SCLX
SCLX
Operating Cash FlowLast quarter
$-7.9M
$-17.5M
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
SCLX
SCLX
Q4 25
$-7.9M
$-17.5M
Q3 25
$-887.0K
$8.2M
Q2 25
$-1.7M
$7.0M
Q1 25
$-1.7M
$6.0M
Q4 24
$-3.6M
$2.5M
Q3 24
$-3.5M
$5.1M
Q2 24
$-4.3M
$2.3M
Q1 24
$-7.1M
$9.4M
Free Cash Flow
GSIT
GSIT
SCLX
SCLX
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
SCLX
SCLX
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
SCLX
SCLX
Q4 25
4.9%
Q3 25
0.3%
Q2 25
0.3%
Q1 25
0.1%
Q4 24
0.1%
Q3 24
0.1%
0.0%
Q2 24
0.7%
Q1 24
0.2%
Cash Conversion
GSIT
GSIT
SCLX
SCLX
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%

SCLX
SCLX

Segment breakdown not available.

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