vs
Side-by-side financial comparison of Garden Stage Ltd (GSIW) and LPL Financial Holdings Inc. (LPLA). Click either name above to swap in a different company.
LPL Financial Holdings Inc. is the larger business by last-quarter revenue ($4.9B vs $704.3K, roughly 7003.0× Garden Stage Ltd). LPL Financial Holdings Inc. runs the higher net margin — 6.1% vs -464.9%, a 471.0% gap on every dollar of revenue. On growth, LPL Financial Holdings Inc. posted the faster year-over-year revenue change (40.4% vs 0.0%).
Virginia Stage Company (VSC) is a professional theater company located in Hampton Roads, Virginia. VSC presents locally produced plays for over 70,000 patrons a year both at the Wells Theatre in Norfolk, Virginia and throughout the community. A nonprofit theater, VSC has developed their "American Soil Series," a program that commissions plays of special regional interest, usually receiving their world premieres.
LPL Financial Holdings Inc. was founded in 1989 and is considered the largest independent broker-dealer in the United States. As of 2021 the company had more than 17,500 financial advisors, over US$1 trillion in advisory and brokerage assets, and generated approximately $10.3 billion in annual revenue for the 2023 fiscal year. LPL Financial has main offices in Boston, Fort Mill, Austin, and San Diego. The company is a member of FINRA and the SIPC.
GSIW vs LPLA — Head-to-Head
Income Statement — Q2 2026 vs Q4 2025
| Metric | ||
|---|---|---|
| Revenue | $704.3K | $4.9B |
| Net Profit | $-3.3M | $300.7M |
| Gross Margin | — | — |
| Operating Margin | — | 8.1% |
| Net Margin | -464.9% | 6.1% |
| Revenue YoY | 0.0% | 40.4% |
| Net Profit YoY | 0.0% | 11.1% |
| EPS (diluted) | — | $3.65 |
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.
| Q4 25 | — | $4.9B | ||
| Q3 25 | $704.3K | $4.6B | ||
| Q2 25 | — | $3.8B | ||
| Q1 25 | — | $3.7B | ||
| Q4 24 | — | $3.5B | ||
| Q3 24 | $1.2M | $3.1B | ||
| Q2 24 | — | $2.9B | ||
| Q1 24 | — | $2.8B |
| Q4 25 | — | $300.7M | ||
| Q3 25 | $-3.3M | $-29.5M | ||
| Q2 25 | — | $273.2M | ||
| Q1 25 | — | $318.6M | ||
| Q4 24 | — | $270.7M | ||
| Q3 24 | $-3.3M | $255.3M | ||
| Q2 24 | — | $243.8M | ||
| Q1 24 | — | $288.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 77.4% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 8.1% | ||
| Q3 25 | — | -0.7% | ||
| Q2 25 | — | 9.6% | ||
| Q1 25 | — | 11.4% | ||
| Q4 24 | — | 9.7% | ||
| Q3 24 | -277.9% | 11.2% | ||
| Q2 24 | — | 11.3% | ||
| Q1 24 | — | 13.2% |
| Q4 25 | — | 6.1% | ||
| Q3 25 | -464.9% | -0.6% | ||
| Q2 25 | — | 7.1% | ||
| Q1 25 | — | 8.7% | ||
| Q4 24 | — | 7.7% | ||
| Q3 24 | -277.5% | 8.2% | ||
| Q2 24 | — | 8.3% | ||
| Q1 24 | — | 10.2% |
| Q4 25 | — | $3.65 | ||
| Q3 25 | — | $-0.37 | ||
| Q2 25 | — | $3.40 | ||
| Q1 25 | — | $4.24 | ||
| Q4 24 | — | $3.58 | ||
| Q3 24 | $0.21 | $3.39 | ||
| Q2 24 | — | $3.23 | ||
| Q1 24 | — | $3.83 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.1B |
| Total DebtLower is stronger | — | $7.3B |
| Stockholders' EquityBook value | $6.7M | $5.3B |
| Total Assets | $15.9M | $18.5B |
| Debt / EquityLower = less leverage | — | 1.36× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | $4.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | — | $1.2B |
| Q4 25 | — | $7.3B | ||
| Q3 25 | — | $7.5B | ||
| Q2 25 | — | $7.2B | ||
| Q1 25 | — | $5.7B | ||
| Q4 24 | — | $5.5B | ||
| Q3 24 | — | $4.4B | ||
| Q2 24 | — | $4.4B | ||
| Q1 24 | — | $3.9B |
| Q4 25 | — | $5.3B | ||
| Q3 25 | $6.7M | $5.0B | ||
| Q2 25 | — | $5.1B | ||
| Q1 25 | — | $3.1B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | $6.9M | $2.8B | ||
| Q2 24 | — | $2.5B | ||
| Q1 24 | — | $2.3B |
| Q4 25 | — | $18.5B | ||
| Q3 25 | $15.9M | $18.0B | ||
| Q2 25 | — | $17.5B | ||
| Q1 25 | — | $14.0B | ||
| Q4 24 | — | $13.3B | ||
| Q3 24 | $15.6M | $11.9B | ||
| Q2 24 | — | $11.5B | ||
| Q1 24 | — | $11.0B |
| Q4 25 | — | 1.36× | ||
| Q3 25 | — | 1.49× | ||
| Q2 25 | — | 1.41× | ||
| Q1 25 | — | 1.82× | ||
| Q4 24 | — | 1.87× | ||
| Q3 24 | — | 1.60× | ||
| Q2 24 | — | 1.77× | ||
| Q1 24 | — | 1.70× |
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 | $-809.6K | $785.0M |
| Free Cash FlowOCF − Capex | — | $613.3M |
| FCF MarginFCF / Revenue | — | 12.4% |
| Capex IntensityCapex / Revenue | — | 3.5% |
| Cash ConversionOCF / Net Profit | — | 2.61× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-981.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $785.0M | ||
| Q3 25 | $-809.6K | $-1.7B | ||
| Q2 25 | — | $193.3M | ||
| Q1 25 | — | $339.8M | ||
| Q4 24 | — | $-178.8M | ||
| Q3 24 | $-809.6K | $209.3M | ||
| Q2 24 | — | $-178.9M | ||
| Q1 24 | — | $425.9M |
| Q4 25 | — | $613.3M | ||
| Q3 25 | — | $-1.9B | ||
| Q2 25 | — | $56.3M | ||
| Q1 25 | — | $220.3M | ||
| Q4 24 | — | $-344.3M | ||
| Q3 24 | $-1.0M | $62.3M | ||
| Q2 24 | — | $-307.8M | ||
| Q1 24 | — | $304.9M |
| Q4 25 | — | 12.4% | ||
| Q3 25 | — | -41.1% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 6.0% | ||
| Q4 24 | — | -9.8% | ||
| Q3 24 | -87.1% | 2.0% | ||
| Q2 24 | — | -10.5% | ||
| Q1 24 | — | 10.8% |
| Q4 25 | — | 3.5% | ||
| Q3 25 | — | 3.1% | ||
| Q2 25 | — | 3.6% | ||
| Q1 25 | — | 3.3% | ||
| Q4 24 | — | 4.7% | ||
| Q3 24 | 18.5% | 4.7% | ||
| Q2 24 | — | 4.4% | ||
| Q1 24 | — | 4.3% |
| Q4 25 | — | 2.61× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 1.07× | ||
| Q4 24 | — | -0.66× | ||
| Q3 24 | — | 0.82× | ||
| Q2 24 | — | -0.73× | ||
| Q1 24 | — | 1.47× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GSIW
Segment breakdown not available.
LPLA
| Other | $2.6B | 53% |
| Transferred At Point In Time | $721.1M | 15% |
| Annuities | $720.5M | 15% |
| Transferred Over Time | $510.7M | 10% |
| Mutual Fund | $271.1M | 5% |
| Other Investment | $110.2M | 2% |