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Side-by-side financial comparison of POWER SOLUTIONS INTERNATIONAL, INC. (PSIX) and TACTILE SYSTEMS TECHNOLOGY INC (TCMD). Click either name above to swap in a different company.
POWER SOLUTIONS INTERNATIONAL, INC. is the larger business by last-quarter revenue ($191.2M vs $103.6M, roughly 1.8× TACTILE SYSTEMS TECHNOLOGY INC). TACTILE SYSTEMS TECHNOLOGY INC runs the higher net margin — 10.3% vs 8.4%, a 1.9% gap on every dollar of revenue. On growth, POWER SOLUTIONS INTERNATIONAL, INC. posted the faster year-over-year revenue change (32.5% vs 21.0%). TACTILE SYSTEMS TECHNOLOGY INC produced more free cash flow last quarter ($16.8M vs $-7.6M). Over the past eight quarters, POWER SOLUTIONS INTERNATIONAL, INC.'s revenue compounded faster (41.7% CAGR vs 30.2%).
Adani Energy Solutions Ltd, formerly known as Adani Transmission Ltd, is an electric power transmission and distribution company headquartered in Ahmedabad. As of April 2025, the company operates a cumulative transmission network of 26,696 circuit kilometers and is one of the largest private sector power transmission companies operating in India.
Dominion Voting Systems Corporation was a North American company that produced and sold electronic voting hardware and software, including voting machines and tabulators, in Canada and the United States.
PSIX vs TCMD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $191.2M | $103.6M |
| Net Profit | $16.1M | $10.6M |
| Gross Margin | 21.9% | 78.2% |
| Operating Margin | 12.7% | 18.1% |
| Net Margin | 8.4% | 10.3% |
| Revenue YoY | 32.5% | 21.0% |
| Net Profit YoY | -31.0% | 9.4% |
| EPS (diluted) | $0.69 | $0.45 |
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 | $191.2M | $103.6M | ||
| Q3 25 | $203.8M | $85.8M | ||
| Q2 25 | $191.9M | $78.9M | ||
| Q1 25 | $135.4M | $61.3M | ||
| Q4 24 | $144.3M | $85.6M | ||
| Q3 24 | $125.8M | $73.1M | ||
| Q2 24 | $110.6M | $73.2M | ||
| Q1 24 | $95.2M | $61.1M |
| Q4 25 | $16.1M | $10.6M | ||
| Q3 25 | $27.6M | $8.2M | ||
| Q2 25 | $51.2M | $3.2M | ||
| Q1 25 | $19.1M | $-3.0M | ||
| Q4 24 | $23.3M | $9.7M | ||
| Q3 24 | $17.3M | $5.2M | ||
| Q2 24 | $21.5M | $4.3M | ||
| Q1 24 | $7.1M | $-2.2M |
| Q4 25 | 21.9% | 78.2% | ||
| Q3 25 | 23.9% | 75.8% | ||
| Q2 25 | 28.2% | 74.5% | ||
| Q1 25 | 29.7% | 74.0% | ||
| Q4 24 | 29.9% | 75.2% | ||
| Q3 24 | 28.9% | 75.0% | ||
| Q2 24 | 31.8% | 73.9% | ||
| Q1 24 | 27.0% | 71.1% |
| Q4 25 | 12.7% | 18.1% | ||
| Q3 25 | 13.9% | 12.8% | ||
| Q2 25 | 16.9% | 5.2% | ||
| Q1 25 | 18.2% | -7.4% | ||
| Q4 24 | 17.5% | 14.6% | ||
| Q3 24 | 16.3% | 9.3% | ||
| Q2 24 | 22.9% | 8.0% | ||
| Q1 24 | 11.2% | -4.9% |
| Q4 25 | 8.4% | 10.3% | ||
| Q3 25 | 13.5% | 9.6% | ||
| Q2 25 | 26.7% | 4.1% | ||
| Q1 25 | 14.1% | -4.9% | ||
| Q4 24 | 16.1% | 11.4% | ||
| Q3 24 | 13.8% | 7.1% | ||
| Q2 24 | 19.5% | 5.9% | ||
| Q1 24 | 7.5% | -3.6% |
| Q4 25 | $0.69 | $0.45 | ||
| Q3 25 | $1.20 | $0.36 | ||
| Q2 25 | $2.22 | $0.14 | ||
| Q1 25 | $0.83 | $-0.13 | ||
| Q4 24 | $1.01 | $0.40 | ||
| Q3 24 | $0.75 | $0.21 | ||
| Q2 24 | $0.94 | $0.18 | ||
| Q1 24 | $0.31 | $-0.09 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $41.3M | $83.4M |
| Total DebtLower is stronger | $96.6M | $0 |
| Stockholders' EquityBook value | $178.6M | $218.9M |
| Total Assets | $424.7M | $273.9M |
| Debt / EquityLower = less leverage | 0.54× | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $41.3M | $83.4M | ||
| Q3 25 | $49.0M | $66.0M | ||
| Q2 25 | $49.5M | $81.5M | ||
| Q1 25 | $50.0M | $83.6M | ||
| Q4 24 | $55.3M | $94.4M | ||
| Q3 24 | $40.5M | $82.1M | ||
| Q2 24 | $28.8M | $73.6M | ||
| Q1 24 | $33.1M | $60.7M |
| Q4 25 | $96.6M | $0 | ||
| Q3 25 | $96.7M | $0 | ||
| Q2 25 | $1.8M | — | ||
| Q1 25 | $1.0M | — | ||
| Q4 24 | $184.0K | — | ||
| Q3 24 | $238.0K | $27.0M | ||
| Q2 24 | $292.0K | $27.8M | ||
| Q1 24 | $345.0K | $28.5M |
| Q4 25 | $178.6M | $218.9M | ||
| Q3 25 | $162.5M | $204.9M | ||
| Q2 25 | $135.7M | $194.9M | ||
| Q1 25 | $84.3M | $205.6M | ||
| Q4 24 | $65.3M | $216.6M | ||
| Q3 24 | $42.1M | $207.9M | ||
| Q2 24 | $24.8M | $200.7M | ||
| Q1 24 | $3.2M | $193.5M |
| Q4 25 | $424.7M | $273.9M | ||
| Q3 25 | $458.9M | $259.2M | ||
| Q2 25 | $437.7M | $273.0M | ||
| Q1 25 | $372.7M | $280.2M | ||
| Q4 24 | $328.2M | $297.9M | ||
| Q3 24 | $339.1M | $287.7M | ||
| Q2 24 | $307.6M | $278.8M | ||
| Q1 24 | $286.8M | $272.0M |
| Q4 25 | 0.54× | 0.00× | ||
| Q3 25 | 0.60× | 0.00× | ||
| Q2 25 | 0.01× | — | ||
| Q1 25 | 0.01× | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.01× | 0.13× | ||
| Q2 24 | 0.01× | 0.14× | ||
| Q1 24 | 0.11× | 0.15× |
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 | $-4.6M | $17.3M |
| Free Cash FlowOCF − Capex | $-7.6M | $16.8M |
| FCF MarginFCF / Revenue | -4.0% | 16.2% |
| Capex IntensityCapex / Revenue | 1.6% | 0.5% |
| Cash ConversionOCF / Net Profit | -0.29× | 1.63× |
| TTM Free Cash FlowTrailing 4 quarters | $14.1M | $40.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-4.6M | $17.3M | ||
| Q3 25 | $3.3M | $10.3M | ||
| Q2 25 | $16.7M | $14.8M | ||
| Q1 25 | $8.8M | $417.0K | ||
| Q4 24 | $32.7M | $16.3M | ||
| Q3 24 | $12.6M | $10.3M | ||
| Q2 24 | $1.5M | $13.1M | ||
| Q1 24 | $15.6M | $924.0K |
| Q4 25 | $-7.6M | $16.8M | ||
| Q3 25 | $1.7M | $9.2M | ||
| Q2 25 | $14.6M | $14.4M | ||
| Q1 25 | $5.4M | $38.0K | ||
| Q4 24 | $30.0M | $15.9M | ||
| Q3 24 | $12.1M | $9.3M | ||
| Q2 24 | $822.0K | $12.6M | ||
| Q1 24 | $14.8M | $442.0K |
| Q4 25 | -4.0% | 16.2% | ||
| Q3 25 | 0.8% | 10.8% | ||
| Q2 25 | 7.6% | 18.2% | ||
| Q1 25 | 4.0% | 0.1% | ||
| Q4 24 | 20.8% | 18.5% | ||
| Q3 24 | 9.7% | 12.7% | ||
| Q2 24 | 0.7% | 17.3% | ||
| Q1 24 | 15.6% | 0.7% |
| Q4 25 | 1.6% | 0.5% | ||
| Q3 25 | 0.8% | 1.3% | ||
| Q2 25 | 1.1% | 0.5% | ||
| Q1 25 | 2.5% | 0.6% | ||
| Q4 24 | 1.8% | 0.5% | ||
| Q3 24 | 0.3% | 1.3% | ||
| Q2 24 | 0.6% | 0.7% | ||
| Q1 24 | 0.9% | 0.8% |
| Q4 25 | -0.29× | 1.63× | ||
| Q3 25 | 0.12× | 1.26× | ||
| Q2 25 | 0.33× | 4.59× | ||
| Q1 25 | 0.46× | — | ||
| Q4 24 | 1.40× | 1.68× | ||
| Q3 24 | 0.73× | 1.99× | ||
| Q2 24 | 0.07× | 3.06× | ||
| Q1 24 | 2.20× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PSIX
| Energy End Market | $153.4M | 80% |
| Industrial End Market | $33.3M | 17% |
| Transportation End Market | $4.6M | 2% |
TCMD
| Private Insurers | $57.6M | 56% |
| Medicare | $24.6M | 24% |
| Durable Medical Equipment Distributors | $14.1M | 14% |
| Veterans Administration | $7.3M | 7% |
