vs

Side-by-side financial comparison of Ispire Technology Inc. (ISPR) and Ostin Technology Group Co., Ltd. (OST). Click either name above to swap in a different company.

Ostin Technology Group Co., Ltd. is the larger business by last-quarter revenue ($20.8M vs $20.3M, roughly 1.0× Ispire Technology Inc.). Ostin Technology Group Co., Ltd. runs the higher net margin — -24.8% vs -32.5%, a 7.7% gap on every dollar of revenue. On growth, Ostin Technology Group Co., Ltd. posted the faster year-over-year revenue change (39.2% vs -51.5%).

Ispire Technology Inc. is a global tech firm specializing in R&D, manufacturing and sales of advanced vaporization hardware and supporting consumables. It serves nicotine and legal cannabis consumer markets, operates two core segments of hardware and branded cannabis products, covers North America, Europe and Asia-Pacific, delivering compliant innovative vapor solutions for B2B partners and end users.

Ostin Technology Group Co., Ltd. is a provider of display and interactive technology solutions. It develops and manufactures touch panels, interactive whiteboards and custom display modules, serving consumer electronics, education and commercial segments across Asia Pacific, North America and European markets.

ISPR vs OST — Head-to-Head

Bigger by revenue
OST
OST
1.0× larger
OST
$20.8M
$20.3M
ISPR
Growing faster (revenue YoY)
OST
OST
+90.7% gap
OST
39.2%
-51.5%
ISPR
Higher net margin
OST
OST
7.7% more per $
OST
-24.8%
-32.5%
ISPR

Income Statement — Q2 FY2026 vs Q2 FY2025

Metric
ISPR
ISPR
OST
OST
Revenue
$20.3M
$20.8M
Net Profit
$-6.6M
$-5.2M
Gross Margin
17.1%
9.1%
Operating Margin
-33.9%
-23.4%
Net Margin
-32.5%
-24.8%
Revenue YoY
-51.5%
39.2%
Net Profit YoY
17.4%
-11.6%
EPS (diluted)
$-0.12
$-2.98

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
ISPR
ISPR
OST
OST
Q4 25
$20.3M
Q3 25
$30.4M
Q2 25
$20.1M
Q1 25
$26.2M
$20.8M
Q4 24
$41.8M
Q3 24
$39.3M
Q2 24
$37.3M
Q1 24
$30.0M
$15.0M
Net Profit
ISPR
ISPR
OST
OST
Q4 25
$-6.6M
Q3 25
$-3.3M
Q2 25
$-14.8M
Q1 25
$-10.9M
$-5.2M
Q4 24
$-8.0M
Q3 24
$-5.6M
Q2 24
$-3.5M
Q1 24
$-5.9M
$-4.6M
Gross Margin
ISPR
ISPR
OST
OST
Q4 25
17.1%
Q3 25
17.0%
Q2 25
12.3%
Q1 25
18.2%
9.1%
Q4 24
18.5%
Q3 24
19.5%
Q2 24
28.3%
Q1 24
20.4%
5.9%
Operating Margin
ISPR
ISPR
OST
OST
Q4 25
-33.9%
Q3 25
-8.9%
Q2 25
-72.7%
Q1 25
-40.4%
-23.4%
Q4 24
-17.6%
Q3 24
-13.4%
Q2 24
-9.2%
Q1 24
-18.8%
-25.3%
Net Margin
ISPR
ISPR
OST
OST
Q4 25
-32.5%
Q3 25
-10.7%
Q2 25
-73.4%
Q1 25
-41.5%
-24.8%
Q4 24
-19.1%
Q3 24
-14.2%
Q2 24
-9.4%
Q1 24
-19.7%
-31.0%
EPS (diluted)
ISPR
ISPR
OST
OST
Q4 25
$-0.12
Q3 25
$-0.06
Q2 25
$-0.26
Q1 25
$-0.19
$-2.98
Q4 24
$-0.14
Q3 24
$-0.10
Q2 24
$-0.07
Q1 24
$-0.11
$-0.29

Balance Sheet & Financial Strength

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

Metric
ISPR
ISPR
OST
OST
Cash + ST InvestmentsLiquidity on hand
$17.6M
$1.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$-7.7M
$2.7M
Total Assets
$84.4M
$52.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ISPR
ISPR
OST
OST
Q4 25
$17.6M
Q3 25
$22.7M
Q2 25
$24.4M
Q1 25
$23.5M
$1.7M
Q4 24
$34.4M
Q3 24
$37.7M
Q2 24
$35.1M
Q1 24
$39.5M
$1.7M
Stockholders' Equity
ISPR
ISPR
OST
OST
Q4 25
$-7.7M
Q3 25
$-1.8M
Q2 25
$604.7K
Q1 25
$14.8M
$2.7M
Q4 24
$24.2M
Q3 24
$30.7M
Q2 24
$34.5M
Q1 24
$35.9M
$10.3M
Total Assets
ISPR
ISPR
OST
OST
Q4 25
$84.4M
Q3 25
$96.4M
Q2 25
$102.2M
Q1 25
$115.7M
$52.6M
Q4 24
$132.0M
Q3 24
$129.0M
Q2 24
$122.6M
Q1 24
$108.0M
$51.4M

Cash Flow & Capital Efficiency

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

Metric
ISPR
ISPR
OST
OST
Operating Cash FlowLast quarter
$-4.0M
Free Cash FlowOCF − Capex
$-4.0M
FCF MarginFCF / Revenue
-19.9%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-14.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ISPR
ISPR
OST
OST
Q4 25
$-4.0M
Q3 25
$-1.2M
Q2 25
$4.7M
Q1 25
$-12.5M
Q4 24
$-3.2M
Q3 24
$3.6M
Q2 24
$-1.4M
Q1 24
$3.4M
$-3.9M
Free Cash Flow
ISPR
ISPR
OST
OST
Q4 25
$-4.0M
Q3 25
$-1.2M
Q2 25
$3.7M
Q1 25
$-12.7M
Q4 24
$-3.2M
Q3 24
$3.3M
Q2 24
$-2.2M
Q1 24
$3.3M
$-4.5M
FCF Margin
ISPR
ISPR
OST
OST
Q4 25
-19.9%
Q3 25
-3.9%
Q2 25
18.6%
Q1 25
-48.4%
Q4 24
-7.7%
Q3 24
8.5%
Q2 24
-5.9%
Q1 24
10.9%
-30.1%
Capex Intensity
ISPR
ISPR
OST
OST
Q4 25
0.3%
Q3 25
0.0%
Q2 25
4.8%
Q1 25
0.7%
Q4 24
0.1%
Q3 24
0.7%
Q2 24
2.0%
Q1 24
0.3%
4.1%

Financial Flow Comparison

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

Related Comparisons