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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

Bigger by revenue
LPLA
LPLA
7003.0× larger
LPLA
$4.9B
$704.3K
GSIW
Growing faster (revenue YoY)
LPLA
LPLA
+40.4% gap
LPLA
40.4%
0.0%
GSIW
Higher net margin
LPLA
LPLA
471.0% more per $
LPLA
6.1%
-464.9%
GSIW

Income Statement — Q2 2026 vs Q4 2025

Metric
GSIW
GSIW
LPLA
LPLA
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.

Revenue
GSIW
GSIW
LPLA
LPLA
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
Net Profit
GSIW
GSIW
LPLA
LPLA
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
Gross Margin
GSIW
GSIW
LPLA
LPLA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
77.4%
Q2 24
Q1 24
Operating Margin
GSIW
GSIW
LPLA
LPLA
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%
Net Margin
GSIW
GSIW
LPLA
LPLA
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%
EPS (diluted)
GSIW
GSIW
LPLA
LPLA
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
GSIW
GSIW
LPLA
LPLA
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.

Cash + ST Investments
GSIW
GSIW
LPLA
LPLA
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
Total Debt
GSIW
GSIW
LPLA
LPLA
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
Stockholders' Equity
GSIW
GSIW
LPLA
LPLA
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
Total Assets
GSIW
GSIW
LPLA
LPLA
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
Debt / Equity
GSIW
GSIW
LPLA
LPLA
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
GSIW
GSIW
LPLA
LPLA
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.

Operating Cash Flow
GSIW
GSIW
LPLA
LPLA
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
Free Cash Flow
GSIW
GSIW
LPLA
LPLA
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
FCF Margin
GSIW
GSIW
LPLA
LPLA
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%
Capex Intensity
GSIW
GSIW
LPLA
LPLA
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%
Cash Conversion
GSIW
GSIW
LPLA
LPLA
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
GSIW

Segment breakdown not available.

LPLA
LPLA

Other$2.6B53%
Transferred At Point In Time$721.1M15%
Annuities$720.5M15%
Transferred Over Time$510.7M10%
Mutual Fund$271.1M5%
Other Investment$110.2M2%

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