This article presents a comprehensive comparative evaluation of a three-phase Three-Level (3L) Flying Capacitor Converter (FCC) and a spbi, specifically a converter system formed by two Series-Stacked Two-Level three-phase Converters (2L-SSC), for the realization of a 7.5 kW Integrated Motor Drive (IMD) with a high short-term overload capability. The 2L-SSC requires a motor with two three-phase windings and a split DC-link, but uses standard six-switch, two-level transistor configurations. In contrast, the bridge legs of the 3lfcc feature flying capacitors whose voltages must be actively balanced. Despite the 800 V DC-link voltage, both topologies employ the same set of 650 V GaN power transistors, i.e., the same total chip area, and if operated at the same switching frequency, show identical semiconductor losses. edm damage of the motor bearings is a relevant issue caused by the common-mode (CM) voltages of the inverter stage. The high effective switching frequency of the 3lfcc and the possibility of CM voltage canceling in the 2L-SSC facilitate mitigation of edm by means of CM chokes, whereby a substantially smaller CM choke with lower losses suffices for the 2L-SSC; based on exemplary designs, the 2L-SSC features only about 75% of the total volume and 85% of the nominal losses of the 3lfcc. If, alternatively, motor-friendliness is maximized by including DC-referenced sine-wave output filters, the 3lfcc’s higher effective switching frequency and the 2L-SSC’s need for two sets of filters due to the dual-winding-set motor change the outcome. In this case, the 3lfcc features only about 60% of the volume and only about 55% of the 2L-SSC’s nominal losses.