vs
Side-by-side financial comparison of GSI TECHNOLOGY INC (GSIT) and UPEXI, INC. (UPXI). Click either name above to swap in a different company.
UPEXI, INC. is the larger business by last-quarter revenue ($8.1M vs $6.1M, roughly 1.3× GSI TECHNOLOGY INC). GSI TECHNOLOGY INC runs the higher net margin — -49.7% vs -2222.1%, a 2172.4% gap on every dollar of revenue. On growth, UPEXI, INC. posted the faster year-over-year revenue change (101.0% vs 12.2%). UPEXI, INC. produced more free cash flow last quarter ($-2.7M vs $-8.2M). Over the past eight quarters, UPEXI, INC.'s revenue compounded faster (24.2% 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.
GSIT vs UPXI — Head-to-Head
Income Statement — Q3 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $6.1M | $8.1M |
| Net Profit | $-3.0M | $-178.9M |
| Gross Margin | 52.7% | 83.3% |
| Operating Margin | -113.7% | -2177.9% |
| Net Margin | -49.7% | -2222.1% |
| Revenue YoY | 12.2% | 101.0% |
| Net Profit YoY | 25.0% | -13649.6% |
| 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 | $8.1M | ||
| Q3 25 | $6.4M | $9.2M | ||
| Q2 25 | $6.3M | $4.3M | ||
| Q1 25 | $5.9M | $3.2M | ||
| Q4 24 | $5.4M | $4.0M | ||
| Q3 24 | $4.5M | $4.4M | ||
| Q2 24 | $4.7M | $5.0M | ||
| Q1 24 | $5.2M | $5.2M |
| Q4 25 | $-3.0M | $-178.9M | ||
| Q3 25 | $-3.2M | $66.7M | ||
| Q2 25 | $-2.2M | $-6.9M | ||
| Q1 25 | $-2.2M | $-3.8M | ||
| Q4 24 | $-4.0M | $-1.3M | ||
| Q3 24 | $-5.5M | $-1.6M | ||
| Q2 24 | $1.1M | $-15.7M | ||
| Q1 24 | $-4.3M | $-4.1M |
| Q4 25 | 52.7% | 83.3% | ||
| Q3 25 | 54.8% | 89.6% | ||
| Q2 25 | 58.1% | 79.4% | ||
| Q1 25 | 56.1% | 49.3% | ||
| Q4 24 | 54.0% | 74.3% | ||
| Q3 24 | 38.6% | 67.3% | ||
| Q2 24 | 46.3% | 31.0% | ||
| Q1 24 | 51.6% | 24.3% |
| Q4 25 | -113.7% | -2177.9% | ||
| Q3 25 | -49.5% | — | ||
| Q2 25 | -34.6% | -151.7% | ||
| Q1 25 | -38.7% | -113.5% | ||
| Q4 24 | -74.9% | -26.8% | ||
| Q3 24 | -122.7% | -30.6% | ||
| Q2 24 | 23.1% | -265.2% | ||
| Q1 24 | -87.6% | -96.5% |
| Q4 25 | -49.7% | -2222.1% | ||
| Q3 25 | -49.4% | 722.4% | ||
| Q2 25 | -35.3% | -161.5% | ||
| Q1 25 | -37.9% | -121.2% | ||
| Q4 24 | -74.4% | -32.5% | ||
| Q3 24 | -120.0% | -37.3% | ||
| Q2 24 | 23.1% | -312.4% | ||
| Q1 24 | -83.9% | -78.9% |
| Q4 25 | $-0.09 | — | ||
| Q3 25 | $-0.11 | $0.76 | ||
| Q2 25 | $-0.08 | $0.83 | ||
| Q1 25 | $-0.09 | $-2.87 | ||
| Q4 24 | $-0.16 | $-1.24 | ||
| Q3 24 | $-0.21 | $1.55 | ||
| Q2 24 | $0.04 | $-15.66 | ||
| Q1 24 | $-0.17 | $-4.03 |
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 | $48.7M |
| Total Assets | $98.5M | $271.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $70.7M | — | ||
| Q3 25 | $25.3M | — | ||
| Q2 25 | $22.7M | — | ||
| Q1 25 | $13.4M | — | ||
| Q4 24 | $15.1M | — | ||
| Q3 24 | $18.4M | — | ||
| Q2 24 | $21.8M | — | ||
| Q1 24 | $14.4M | — |
| Q4 25 | $83.6M | $48.7M | ||
| Q3 25 | $38.6M | $210.8M | ||
| Q2 25 | $37.4M | $90.1M | ||
| Q1 25 | $28.2M | $1.9M | ||
| Q4 24 | $29.9M | $3.8M | ||
| Q3 24 | $33.3M | $5.0M | ||
| Q2 24 | $38.0M | $6.5M | ||
| Q1 24 | $36.0M | $22.1M |
| Q4 25 | $98.5M | $271.1M | ||
| Q3 25 | $52.0M | $419.7M | ||
| Q2 25 | $50.5M | $123.8M | ||
| Q1 25 | $43.3M | $15.1M | ||
| Q4 24 | $44.1M | $17.5M | ||
| Q3 24 | $47.4M | $18.6M | ||
| Q2 24 | $52.3M | $23.5M | ||
| Q1 24 | $42.5M | $56.5M |
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 | $-2.7M |
| Free Cash FlowOCF − Capex | $-8.2M | $-2.7M |
| FCF MarginFCF / Revenue | -134.4% | -33.5% |
| Capex IntensityCapex / Revenue | 4.9% | 0.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-12.5M | $-22.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-7.9M | $-2.7M | ||
| Q3 25 | $-887.0K | $-9.8M | ||
| Q2 25 | $-1.7M | $-8.4M | ||
| Q1 25 | $-1.7M | $-778.7K | ||
| Q4 24 | $-3.6M | $-1.4M | ||
| Q3 24 | $-3.5M | $-2.0M | ||
| Q2 24 | $-4.3M | $-101.4K | ||
| Q1 24 | $-7.1M | $783.5K |
| Q4 25 | $-8.2M | $-2.7M | ||
| Q3 25 | $-906.0K | $-9.8M | ||
| Q2 25 | $-1.7M | $-8.8M | ||
| Q1 25 | $-1.7M | $-809.3K | ||
| Q4 24 | $-3.6M | — | ||
| Q3 24 | $-3.5M | $-2.1M | ||
| Q2 24 | $-4.3M | $-1.0M | ||
| Q1 24 | $-7.2M | $600.9K |
| Q4 25 | -134.4% | -33.5% | ||
| Q3 25 | -14.1% | -106.0% | ||
| Q2 25 | -27.6% | -205.4% | ||
| Q1 25 | -28.3% | -25.6% | ||
| Q4 24 | -66.1% | — | ||
| Q3 24 | -76.6% | -49.2% | ||
| Q2 24 | -92.0% | -20.5% | ||
| Q1 24 | -139.0% | 11.5% |
| Q4 25 | 4.9% | 0.2% | ||
| Q3 25 | 0.3% | 0.2% | ||
| Q2 25 | 0.3% | 9.0% | ||
| Q1 25 | 0.1% | 1.0% | ||
| Q4 24 | 0.1% | 0.0% | ||
| Q3 24 | 0.1% | 3.8% | ||
| Q2 24 | 0.7% | 18.5% | ||
| Q1 24 | 0.2% | 3.5% |
| Q4 25 | — | — | ||
| Q3 25 | — | -0.15× | ||
| 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% |
UPXI
Segment breakdown not available.
