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GSI TECHNOLOGY INC（GSIT）与SWK Holdings Corp（SWKH）财务数据对比。点击上方公司名可切换其他公司
SWK Holdings Corp的季度营收约是GSI TECHNOLOGY INC的1.4倍（$8.7M vs $6.1M），GSI TECHNOLOGY INC同比增速更快（12.2% vs -29.7%），SWK Holdings Corp自由现金流更多（$26.8M vs $-8.2M），过去两年GSI TECHNOLOGY INC的营收复合增速更高（8.6% vs -12.5%）
GSI科技是一家总部位于美国俄亥俄州齐尼亚的投票设备供应商，核心业务为研发生产选举相关计算机软硬件，产品主要用于选票计票及选民登记服务，为美国各级选举活动提供设备与技术支持。
SWK Holdings Corp是一家专注于医疗健康与生命科学领域的专业金融企业，为生物技术、制药、医疗器械及诊断类企业提供特许权使用费货币化、结构性债务、资产支持贷款等定制化融资服务，核心市场以北美地区为主。
GSIT vs SWKH — 直观对比
营收规模更大
SWKH
是对方的1.4倍
$6.1M
营收增速更快
GSIT
高出41.9%
-29.7%
自由现金流更多
SWKH
多$34.9M
$-8.2M
两年增速更快
GSIT
近两年复合增速
-12.5%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $6.1M | $8.7M |
| 净利润 | $-3.0M | $-19.4M |
| 毛利率 | 52.7% | — |
| 营业利润率 | -113.7% | 9.9% |
| 净利率 | -49.7% | — |
| 营收同比 | 12.2% | -29.7% |
| 净利润同比 | 25.0% | -430.2% |
| 每股收益（稀释后） | $-0.09 | $-1.59 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收GSITSWKH
| Q4 25 | $6.1M | $8.7M | ||
| Q3 25 | $6.4M | $10.9M | ||
| Q2 25 | $6.3M | $10.1M | ||
| Q1 25 | $5.9M | $11.8M | ||
| Q4 24 | $5.4M | $12.4M | ||
| Q3 24 | $4.5M | $10.4M | ||
| Q2 24 | $4.7M | $10.8M | ||
| Q1 24 | $5.2M | $11.4M |
净利润GSITSWKH
| Q4 25 | $-3.0M | $-19.4M | ||
| Q3 25 | $-3.2M | $8.8M | ||
| Q2 25 | $-2.2M | $3.5M | ||
| Q1 25 | $-2.2M | $4.5M | ||
| Q4 24 | $-4.0M | $5.9M | ||
| Q3 24 | $-5.5M | $3.5M | ||
| Q2 24 | $1.1M | $3.7M | ||
| Q1 24 | $-4.3M | $468.0K |
毛利率GSITSWKH
| Q4 25 | 52.7% | — | ||
| Q3 25 | 54.8% | — | ||
| Q2 25 | 58.1% | — | ||
| Q1 25 | 56.1% | — | ||
| Q4 24 | 54.0% | — | ||
| Q3 24 | 38.6% | — | ||
| Q2 24 | 46.3% | — | ||
| Q1 24 | 51.6% | — |
营业利润率GSITSWKH
| Q4 25 | -113.7% | 9.9% | ||
| Q3 25 | -49.5% | 61.3% | ||
| Q2 25 | -34.6% | 46.1% | ||
| Q1 25 | -38.7% | 68.6% | ||
| Q4 24 | -74.9% | 44.7% | ||
| Q3 24 | -122.7% | 39.2% | ||
| Q2 24 | 23.1% | 8.3% | ||
| Q1 24 | -87.6% | 9.5% |
净利率GSITSWKH
| Q4 25 | -49.7% | — | ||
| Q3 25 | -49.4% | 80.7% | ||
| Q2 25 | -35.3% | 35.2% | ||
| Q1 25 | -37.9% | 38.4% | ||
| Q4 24 | -74.4% | 47.5% | ||
| Q3 24 | -120.0% | 33.3% | ||
| Q2 24 | 23.1% | 33.9% | ||
| Q1 24 | -83.9% | 4.1% |
每股收益（稀释后）GSITSWKH
| Q4 25 | $-0.09 | $-1.59 | ||
| Q3 25 | $-0.11 | $0.72 | ||
| Q2 25 | $-0.08 | $0.29 | ||
| Q1 25 | $-0.09 | $0.37 | ||
| Q4 24 | $-0.16 | $0.47 | ||
| Q3 24 | $-0.21 | $0.28 | ||
| Q2 24 | $0.04 | $0.30 | ||
| Q1 24 | $-0.17 | $0.04 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $70.7M | $42.8M |
| 总债务越低越好 | — | $33.0M |
| 股东权益账面价值 | $83.6M | $235.1M |
| 总资产 | $98.5M | $272.4M |
| 负债/权益比越低杠杆越低 | — | 0.14× |
8季度趋势，按日历期对齐
现金及短期投资GSITSWKH
| Q4 25 | $70.7M | $42.8M | ||
| Q3 25 | $25.3M | $10.2M | ||
| Q2 25 | $22.7M | $8.0M | ||
| Q1 25 | $13.4M | $29.8M | ||
| Q4 24 | $15.1M | $5.9M | ||
| Q3 24 | $18.4M | $17.2M | ||
| Q2 24 | $21.8M | $5.5M | ||
| Q1 24 | $14.4M | $5.5M |
总债务GSITSWKH
| Q4 25 | — | $33.0M | ||
| Q3 25 | — | $33.0M | ||
| Q2 25 | — | $33.0M | ||
| Q1 25 | — | $33.0M | ||
| Q4 24 | — | $33.0M | ||
| Q3 24 | — | $33.0M | ||
| Q2 24 | — | $33.0M | ||
| Q1 24 | — | $33.0M |
股东权益GSITSWKH
| Q4 25 | $83.6M | $235.1M | ||
| Q3 25 | $38.6M | $254.2M | ||
| Q2 25 | $37.4M | $246.5M | ||
| Q1 25 | $28.2M | $292.7M | ||
| Q4 24 | $29.9M | $288.7M | ||
| Q3 24 | $33.3M | $283.4M | ||
| Q2 24 | $38.0M | $282.8M | ||
| Q1 24 | $36.0M | $279.9M |
总资产GSITSWKH
| Q4 25 | $98.5M | $272.4M | ||
| Q3 25 | $52.0M | $289.4M | ||
| Q2 25 | $50.5M | $285.7M | ||
| Q1 25 | $43.3M | $331.3M | ||
| Q4 24 | $44.1M | $332.2M | ||
| Q3 24 | $47.4M | $321.3M | ||
| Q2 24 | $52.3M | $321.0M | ||
| Q1 24 | $42.5M | $322.0M |
负债/权益比GSITSWKH
| Q4 25 | — | 0.14× | ||
| Q3 25 | — | 0.13× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.11× | ||
| Q4 24 | — | 0.11× | ||
| Q3 24 | — | 0.12× | ||
| Q2 24 | — | 0.12× | ||
| Q1 24 | — | 0.12× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-7.9M | $27.3M |
| 自由现金流经营现金流 - 资本支出 | $-8.2M | $26.8M |
| 自由现金流率自由现金流/营收 | -134.4% | 308.1% |
| 资本支出强度资本支出/营收 | 4.9% | 5.9% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-12.5M | $43.2M |
8季度趋势，按日历期对齐
经营现金流GSITSWKH
| Q4 25 | $-7.9M | $27.3M | ||
| Q3 25 | $-887.0K | $906.0K | ||
| Q2 25 | $-1.7M | $7.8M | ||
| Q1 25 | $-1.7M | $8.3M | ||
| Q4 24 | $-3.6M | $23.0M | ||
| Q3 24 | $-3.5M | $6.3M | ||
| Q2 24 | $-4.3M | $5.4M | ||
| Q1 24 | $-7.1M | $4.4M |
自由现金流GSITSWKH
| Q4 25 | $-8.2M | $26.8M | ||
| Q3 25 | $-906.0K | $557.0K | ||
| Q2 25 | $-1.7M | $7.7M | ||
| Q1 25 | $-1.7M | $8.2M | ||
| Q4 24 | $-3.6M | $22.9M | ||
| Q3 24 | $-3.5M | $6.3M | ||
| Q2 24 | $-4.3M | $5.4M | ||
| Q1 24 | $-7.2M | — |
自由现金流率GSITSWKH
| Q4 25 | -134.4% | 308.1% | ||
| Q3 25 | -14.1% | 5.1% | ||
| Q2 25 | -27.6% | 77.0% | ||
| Q1 25 | -28.3% | 69.1% | ||
| Q4 24 | -66.1% | 185.3% | ||
| Q3 24 | -76.6% | 60.4% | ||
| Q2 24 | -92.0% | 49.7% | ||
| Q1 24 | -139.0% | — |
资本支出强度GSITSWKH
| Q4 25 | 4.9% | 5.9% | ||
| Q3 25 | 0.3% | 3.2% | ||
| Q2 25 | 0.3% | 0.6% | ||
| Q1 25 | 0.1% | 0.8% | ||
| Q4 24 | 0.1% | 1.1% | ||
| Q3 24 | 0.1% | 0.3% | ||
| Q2 24 | 0.7% | 0.2% | ||
| Q1 24 | 0.2% | 0.0% |
现金转化率GSITSWKH
| Q4 25 | — | — | ||
| Q3 25 | — | 0.10× | ||
| Q2 25 | — | 2.21× | ||
| Q1 25 | — | 1.82× | ||
| Q4 24 | — | 3.93× | ||
| Q3 24 | — | 1.82× | ||
| Q2 24 | -3.96× | 1.47× | ||
| Q1 24 | — | 9.47× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
GSIT
| Distribution | $5.6M | 92% |
| Other | $459.0K | 8% |
SWKH
| Finance Receivables Segment | $8.4M | 96% |
| Other | $329.0K | 4% |
