vs

Side-by-side financial comparison of GULF RESOURCES, INC. (GURE) and PIONEER POWER SOLUTIONS, INC. (PPSI). Click either name above to swap in a different company.

GULF RESOURCES, INC. is the larger business by last-quarter revenue ($9.0M vs $5.6M, roughly 1.6× PIONEER POWER SOLUTIONS, INC.). PIONEER POWER SOLUTIONS, INC. runs the higher net margin — -24.7% vs -394.3%, a 369.6% gap on every dollar of revenue. On growth, GULF RESOURCES, INC. posted the faster year-over-year revenue change (303.4% vs -42.3%). Over the past eight quarters, PIONEER POWER SOLUTIONS, INC.'s revenue compounded faster (30.3% CAGR vs -37.1%).

EOG Resources, Inc. is an American energy company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in the Heritage Plaza building in Houston, Texas.

Caterpillar Energy Solutions GmbH, is a mechanical engineering company based in Mannheim, Baden-Württemberg, Germany. It was known as MWM GmbH Motoren-Werke Mannheim (MWM) until November 2013. In 2009 the company was the third-largest producer by revenue of gas and diesel engines.

GURE vs PPSI — Head-to-Head

Bigger by revenue
GURE
GURE
1.6× larger
GURE
$9.0M
$5.6M
PPSI
Growing faster (revenue YoY)
GURE
GURE
+345.6% gap
GURE
303.4%
-42.3%
PPSI
Higher net margin
PPSI
PPSI
369.6% more per $
PPSI
-24.7%
-394.3%
GURE
Faster 2-yr revenue CAGR
PPSI
PPSI
Annualised
PPSI
30.3%
-37.1%
GURE

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GURE
GURE
PPSI
PPSI
Revenue
$9.0M
$5.6M
Net Profit
$-35.7M
$-1.4M
Gross Margin
23.5%
Operating Margin
-3.7%
-19.4%
Net Margin
-394.3%
-24.7%
Revenue YoY
303.4%
-42.3%
Net Profit YoY
-921.1%
-103.8%
EPS (diluted)
$-0.12

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
GURE
GURE
PPSI
PPSI
Q4 25
$5.6M
Q3 25
$9.0M
$6.9M
Q2 25
$8.3M
$8.4M
Q1 25
$6.7M
Q4 24
$9.8M
Q3 24
$6.4M
Q2 24
$3.4M
Q1 24
$3.3M
Net Profit
GURE
GURE
PPSI
PPSI
Q4 25
$-1.4M
Q3 25
$-35.7M
$-2.4M
Q2 25
$-773.8K
$-1.3M
Q1 25
$-929.0K
Q4 24
$36.3M
Q3 24
$-1.1M
Q2 24
$-2.3M
Q1 24
$-1.0M
Gross Margin
GURE
GURE
PPSI
PPSI
Q4 25
23.5%
Q3 25
9.3%
Q2 25
15.7%
Q1 25
2.2%
Q4 24
28.9%
Q3 24
23.7%
Q2 24
18.9%
Q1 24
16.1%
Operating Margin
GURE
GURE
PPSI
PPSI
Q4 25
-19.4%
Q3 25
-3.7%
-21.0%
Q2 25
-9.0%
-20.4%
Q1 25
-34.8%
Q4 24
-11.0%
Q3 24
-11.1%
Q2 24
-51.1%
Q1 24
-52.1%
Net Margin
GURE
GURE
PPSI
PPSI
Q4 25
-24.7%
Q3 25
-394.3%
-34.1%
Q2 25
-9.3%
-15.9%
Q1 25
-13.8%
Q4 24
372.1%
Q3 24
-17.5%
Q2 24
-67.2%
Q1 24
-31.2%
EPS (diluted)
GURE
GURE
PPSI
PPSI
Q4 25
$-0.12
Q3 25
$-0.21
Q2 25
$-0.12
Q1 25
$-0.09
Q4 24
$3.31
Q3 24
$-0.10
Q2 24
$-0.21
Q1 24
$-0.10

Balance Sheet & Financial Strength

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

Metric
GURE
GURE
PPSI
PPSI
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$107.5M
$29.3M
Total Assets
$131.9M
$35.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GURE
GURE
PPSI
PPSI
Q4 25
Q3 25
Q2 25
$18.0M
Q1 25
$25.8M
Q4 24
$41.6M
Q3 24
$3.1M
Q2 24
$6.5M
Q1 24
$6.2M
Stockholders' Equity
GURE
GURE
PPSI
PPSI
Q4 25
$29.3M
Q3 25
$107.5M
$30.7M
Q2 25
$142.2M
$33.0M
Q1 25
$34.5M
Q4 24
$35.4M
Q3 24
$14.7M
Q2 24
$15.8M
Q1 24
$18.1M
Total Assets
GURE
GURE
PPSI
PPSI
Q4 25
$35.5M
Q3 25
$131.9M
$37.6M
Q2 25
$164.6M
$39.1M
Q1 25
$47.5M
Q4 24
$66.0M
Q3 24
$40.1M
Q2 24
$38.0M
Q1 24
$39.3M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GURE
GURE
PPSI
PPSI
Operating Cash FlowLast quarter
$6.7M
$-1.0M
Free Cash FlowOCF − Capex
$-2.2M
FCF MarginFCF / Revenue
-38.8%
Capex IntensityCapex / Revenue
20.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-8.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GURE
GURE
PPSI
PPSI
Q4 25
$-1.0M
Q3 25
$6.7M
$-817.0K
Q2 25
$-559.3K
$-5.5M
Q1 25
$1.5M
Q4 24
$-2.1M
Q3 24
$-2.7M
Q2 24
$571.0K
Q1 24
$-1.9M
Free Cash Flow
GURE
GURE
PPSI
PPSI
Q4 25
$-2.2M
Q3 25
$-1.6M
Q2 25
$-5.6M
Q1 25
$907.0K
Q4 24
$-4.6M
Q3 24
$-3.4M
Q2 24
$170.0K
Q1 24
$-2.2M
FCF Margin
GURE
GURE
PPSI
PPSI
Q4 25
-38.8%
Q3 25
-23.4%
Q2 25
-67.0%
Q1 25
13.5%
Q4 24
-46.9%
Q3 24
-53.0%
Q2 24
5.0%
Q1 24
-65.2%
Capex Intensity
GURE
GURE
PPSI
PPSI
Q4 25
20.3%
Q3 25
11.5%
Q2 25
1.7%
Q1 25
8.8%
Q4 24
25.4%
Q3 24
10.3%
Q2 24
11.8%
Q1 24
6.4%
Cash Conversion
GURE
GURE
PPSI
PPSI
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-0.06×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GURE
GURE

Bromine$8.1M89%
Shandong Shouguang Shenrunfa Marine Chemical Company Limited$1.4M15%

PPSI
PPSI

Total Revenue$4.0M70%
Other$1.7M30%

Related Comparisons