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

GSI TECHNOLOGY INC is the larger business by last-quarter revenue ($6.1M vs $4.7M, roughly 1.3× Worksport Ltd). On growth, Worksport Ltd posted the faster year-over-year revenue change (62.0% vs 12.2%). Worksport Ltd produced more free cash flow last quarter ($-6.3M vs $-8.2M). Over the past eight quarters, Worksport Ltd's revenue compounded faster (204.2% 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.

Worksport Ltd is a cleantech company specializing in portable solar energy solutions and custom truck bed accessories. Its core offerings include solar-powered tonneau covers for pickup trucks and portable mobile power stations, serving the North American automotive aftermarket and consumer clean energy segments.

GSIT vs WKSP — Head-to-Head

Bigger by revenue
GSIT
GSIT
1.3× larger
GSIT
$6.1M
$4.7M
WKSP
Growing faster (revenue YoY)
WKSP
WKSP
+49.8% gap
WKSP
62.0%
12.2%
GSIT
More free cash flow
WKSP
WKSP
$1.9M more FCF
WKSP
$-6.3M
$-8.2M
GSIT
Faster 2-yr revenue CAGR
WKSP
WKSP
Annualised
WKSP
204.2%
8.6%
GSIT

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
GSIT
GSIT
WKSP
WKSP
Revenue
$6.1M
$4.7M
Net Profit
$-3.0M
Gross Margin
52.7%
30.1%
Operating Margin
-113.7%
-129.6%
Net Margin
-49.7%
Revenue YoY
12.2%
62.0%
Net Profit YoY
25.0%
EPS (diluted)
$-0.09
$-0.65

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
WKSP
WKSP
Q4 25
$6.1M
$4.7M
Q3 25
$6.4M
$5.0M
Q2 25
$6.3M
$4.1M
Q1 25
$5.9M
$2.2M
Q4 24
$5.4M
$2.9M
Q3 24
$4.5M
$3.1M
Q2 24
$4.7M
$1.9M
Q1 24
$5.2M
$512.6K
Net Profit
GSIT
GSIT
WKSP
WKSP
Q4 25
$-3.0M
Q3 25
$-3.2M
$-4.9M
Q2 25
$-2.2M
$-3.7M
Q1 25
$-2.2M
$-4.5M
Q4 24
$-4.0M
Q3 24
$-5.5M
$-4.1M
Q2 24
$1.1M
$-4.0M
Q1 24
$-4.3M
$-3.7M
Gross Margin
GSIT
GSIT
WKSP
WKSP
Q4 25
52.7%
30.1%
Q3 25
54.8%
31.3%
Q2 25
58.1%
26.4%
Q1 25
56.1%
17.7%
Q4 24
54.0%
11.1%
Q3 24
38.6%
7.9%
Q2 24
46.3%
15.4%
Q1 24
51.6%
7.3%
Operating Margin
GSIT
GSIT
WKSP
WKSP
Q4 25
-113.7%
-129.6%
Q3 25
-49.5%
-95.6%
Q2 25
-34.6%
-88.1%
Q1 25
-38.7%
-190.0%
Q4 24
-74.9%
-137.0%
Q3 24
-122.7%
-125.1%
Q2 24
23.1%
-203.5%
Q1 24
-87.6%
-709.9%
Net Margin
GSIT
GSIT
WKSP
WKSP
Q4 25
-49.7%
Q3 25
-49.4%
-98.3%
Q2 25
-35.3%
-91.0%
Q1 25
-37.9%
-199.1%
Q4 24
-74.4%
Q3 24
-120.0%
-132.4%
Q2 24
23.1%
-208.9%
Q1 24
-83.9%
-724.6%
EPS (diluted)
GSIT
GSIT
WKSP
WKSP
Q4 25
$-0.09
$-0.65
Q3 25
$-0.11
$-0.75
Q2 25
$-0.08
$-0.71
Q1 25
$-0.09
$-1.05
Q4 24
$-0.16
$-1.14
Q3 24
$-0.21
$-1.40
Q2 24
$0.04
$-1.55
Q1 24
$-0.17
$-1.75

Balance Sheet & Financial Strength

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

Metric
GSIT
GSIT
WKSP
WKSP
Cash + ST InvestmentsLiquidity on hand
$70.7M
$5.9M
Total DebtLower is stronger
$2.7M
Stockholders' EquityBook value
$83.6M
$22.9M
Total Assets
$98.5M
$30.7M
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GSIT
GSIT
WKSP
WKSP
Q4 25
$70.7M
$5.9M
Q3 25
$25.3M
$3.8M
Q2 25
$22.7M
$1.4M
Q1 25
$13.4M
$5.1M
Q4 24
$15.1M
$4.9M
Q3 24
$18.4M
$1.9M
Q2 24
$21.8M
$3.4M
Q1 24
$14.4M
$3.5M
Total Debt
GSIT
GSIT
WKSP
WKSP
Q4 25
$2.7M
Q3 25
$2.9M
Q2 25
$2.5M
Q1 25
$3.1M
Q4 24
$5.3M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
GSIT
GSIT
WKSP
WKSP
Q4 25
$83.6M
$22.9M
Q3 25
$38.6M
$19.8M
Q2 25
$37.4M
$17.3M
Q1 25
$28.2M
$20.1M
Q4 24
$29.9M
$17.4M
Q3 24
$33.3M
$16.4M
Q2 24
$38.0M
$19.1M
Q1 24
$36.0M
$18.9M
Total Assets
GSIT
GSIT
WKSP
WKSP
Q4 25
$98.5M
$30.7M
Q3 25
$52.0M
$27.0M
Q2 25
$50.5M
$23.6M
Q1 25
$43.3M
$26.7M
Q4 24
$44.1M
$25.7M
Q3 24
$47.4M
$24.9M
Q2 24
$52.3M
$27.2M
Q1 24
$42.5M
$27.3M
Debt / Equity
GSIT
GSIT
WKSP
WKSP
Q4 25
0.12×
Q3 25
0.15×
Q2 25
0.14×
Q1 25
0.16×
Q4 24
0.30×
Q3 24
Q2 24
Q1 24

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
WKSP
WKSP
Operating Cash FlowLast quarter
$-7.9M
$-6.1M
Free Cash FlowOCF − Capex
$-8.2M
$-6.3M
FCF MarginFCF / Revenue
-134.4%
-132.4%
Capex IntensityCapex / Revenue
4.9%
3.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-12.5M
$-18.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GSIT
GSIT
WKSP
WKSP
Q4 25
$-7.9M
$-6.1M
Q3 25
$-887.0K
$-4.3M
Q2 25
$-1.7M
$-3.1M
Q1 25
$-1.7M
$-3.8M
Q4 24
$-3.6M
$-2.2M
Q3 24
$-3.5M
$-1.5M
Q2 24
$-4.3M
$-3.6M
Q1 24
$-7.1M
$-2.8M
Free Cash Flow
GSIT
GSIT
WKSP
WKSP
Q4 25
$-8.2M
$-6.3M
Q3 25
$-906.0K
$-4.6M
Q2 25
$-1.7M
$-3.2M
Q1 25
$-1.7M
$-4.0M
Q4 24
$-3.6M
$-2.2M
Q3 24
$-3.5M
$-1.7M
Q2 24
$-4.3M
$-3.7M
Q1 24
$-7.2M
$-3.0M
FCF Margin
GSIT
GSIT
WKSP
WKSP
Q4 25
-134.4%
-132.4%
Q3 25
-14.1%
-92.1%
Q2 25
-27.6%
-77.1%
Q1 25
-28.3%
-180.4%
Q4 24
-66.1%
-75.4%
Q3 24
-76.6%
-54.5%
Q2 24
-92.0%
-195.1%
Q1 24
-139.0%
-586.7%
Capex Intensity
GSIT
GSIT
WKSP
WKSP
Q4 25
4.9%
3.3%
Q3 25
0.3%
7.3%
Q2 25
0.3%
1.7%
Q1 25
0.1%
9.0%
Q4 24
0.1%
0.9%
Q3 24
0.1%
5.3%
Q2 24
0.7%
6.4%
Q1 24
0.2%
41.5%
Cash Conversion
GSIT
GSIT
WKSP
WKSP
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%

WKSP
WKSP

Segment breakdown not available.

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