Gsi Technology Financials
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Gsi Technology has an operating margin of -52.8%, meaning the company retains $-53 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -93.9% the prior year.
Gsi Technology's revenue declined 5.7% year-over-year, from $21.8M to $20.5M. This contraction results in a growth score of 12/100.
Gsi Technology carries a low D/E ratio of 0.53, meaning only $0.53 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 91/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 3.32, Gsi Technology holds $3.32 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
While Gsi Technology generated -$13.0M in operating cash flow, capex of $45K consumed most of it, leaving -$13.0M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Gsi Technology passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Gsi Technology generates $1.22 in operating cash flow (-$13.0M OCF vs -$10.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
This page shows Gsi Technology (GSIT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Gsi Technology generated $20.5M in revenue in fiscal year 2025. This represents a decrease of 5.7% from the prior year.
Gsi Technology's EBITDA was -$10.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 47.9% from the prior year.
Gsi Technology generated -$13.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 27.6% from the prior year.
Gsi Technology reported -$10.6M in net income in fiscal year 2025. This represents an increase of 47.0% from the prior year.
Gsi Technology earned $-0.42 per diluted share (EPS) in fiscal year 2025. This represents an increase of 47.5% from the prior year.
Gsi Technology held $13.4M in cash against $0 in long-term debt as of fiscal year 2025.
Gsi Technology had 26M shares outstanding in fiscal year 2025. This represents an increase of 1.2% from the prior year.
Gsi Technology's gross margin was 49.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 4.9 percentage points from the prior year.
Gsi Technology's operating margin was -52.8% in fiscal year 2025, reflecting core business profitability. This is up 41.1 percentage points from the prior year.
Gsi Technology's net profit margin was -51.8% in fiscal year 2025, showing the share of revenue converted to profit. This is up 40.4 percentage points from the prior year.
Gsi Technology invested $16.0M in research and development in fiscal year 2025. This represents a decrease of 26.2% from the prior year.
Gsi Technology invested $45K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 93.0% from the prior year.
GSIT Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.1M-5.7% | $6.4M+2.6% | $6.3M+16.1% | $5.4M+19.0% | $4.5M-2.6% | $4.7M-12.2% | $5.3M-6.8% | $5.7M |
| Cost of Revenue | $2.9M-1.2% | $2.9M+10.6% | $2.6M+5.7% | $2.5M-10.8% | $2.8M+11.3% | $2.5M+7.1% | $2.3M-9.4% | $2.6M |
| Gross Profit | $3.2M-9.4% | $3.5M-3.2% | $3.7M+24.9% | $2.9M+66.4% | $1.8M-18.7% | $2.2M-27.4% | $3.0M-4.7% | $3.1M |
| R&D Expenses | $7.5M+97.9% | $3.8M+21.7% | $3.1M-23.3% | $4.0M-15.7% | $4.8M+13.6% | $4.2M-39.6% | $7.0M+48.7% | $4.7M |
| SG&A Expenses | $2.6M-10.3% | $3.0M+8.1% | $2.7M-8.9% | $3.0M+17.4% | $2.6M-2.0% | $2.6M-3.0% | $2.7M+6.4% | $2.5M |
| Operating Income | -$6.9M-116.7% | -$3.2M-46.5% | -$2.2M+46.3% | -$4.1M+27.4% | -$5.6M-617.0% | $1.1M+116.2% | -$6.7M-63.3% | -$4.1M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | -$251K-712.2% | $41K-24.1% | $54K+22.7% | $44K+91.3% | $23K-59.6% | $57K-19.7% | $71K+115.2% | $33K |
| Net Income | -$3.0M+5.2% | -$3.2M-43.7% | -$2.2M+45.0% | -$4.0M+26.2% | -$5.5M-606.3% | $1.1M+116.3% | -$6.6M-62.8% | -$4.1M |
| EPS (Diluted) | $-0.09+18.2% | $-0.11-37.5% | $-0.08+50.0% | $-0.16+23.8% | $-0.21-625.0% | $0.04+115.4% | $-0.26-62.5% | $-0.16 |
GSIT Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $98.5M+89.4% | $52.0M+2.9% | $50.5M+14.4% | $44.1M-6.9% | $47.4M-9.4% | $52.3M+6.7% | $49.1M-7.6% | $53.1M |
| Current Assets | $79.3M+142.3% | $32.7M+5.3% | $31.1M+30.5% | $23.8M-10.5% | $26.6M-14.4% | $31.1M-1.4% | $31.5M-10.5% | $35.2M |
| Cash & Equivalents | $70.7M+179.0% | $25.3M+11.4% | $22.7M+50.6% | $15.1M-17.8% | $18.4M-15.7% | $21.8M+0.9% | $21.6M-12.5% | $24.7M |
| Inventory | $3.9M+6.7% | $3.6M-3.4% | $3.8M-3.1% | $3.9M-5.9% | $4.1M-7.6% | $4.5M-18.8% | $5.5M-1.3% | $5.6M |
| Accounts Receivable | $2.8M+76.0% | $1.6M+1.4% | $1.6M-55.7% | $3.6M+48.6% | $2.4M-11.3% | $2.7M+14.3% | $2.4M-22.9% | $3.1M |
| Goodwill | $8.0M0.0% | $8.0M0.0% | $8.0M0.0% | $8.0M0.0% | $8.0M0.0% | $8.0M0.0% | $8.0M0.0% | $8.0M |
| Total Liabilities | $14.8M+10.4% | $13.4M+2.3% | $13.1M-7.5% | $14.2M+0.6% | $14.1M-1.5% | $14.3M+51.3% | $9.5M+22.4% | $7.7M |
| Current Liabilities | $7.6M+27.7% | $6.0M+10.9% | $5.4M-8.9% | $5.9M+7.5% | $5.5M+1.2% | $5.4M-35.6% | $8.4M+31.5% | $6.4M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $83.6M+116.9% | $38.6M+3.2% | $37.4M+24.9% | $29.9M-10.1% | $33.3M-12.4% | $38.0M-4.0% | $39.6M-12.7% | $45.4M |
| Retained Earnings | -$43.6M-7.4% | -$40.6M-8.5% | -$37.4M-13.5% | -$33.0M-13.9% | -$28.9M-23.2% | -$23.5M-16.0% | -$20.2M-48.4% | -$13.6M |
GSIT Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$7.9M-787.5% | -$887K+48.2% | -$1.7M+52.1% | -$3.6M-2.7% | -$3.5M+18.4% | -$4.3M-9.2% | -$3.9M-52.3% | -$2.6M |
| Capital Expenditures | $296K+1457.9% | $19K-9.5% | $21K+600.0% | $3K-50.0% | $6K-81.3% | $32K+220.0% | $10K-41.2% | $17K |
| Free Cash Flow | -$8.2M-801.5% | -$906K+47.7% | -$1.7M+51.5% | -$3.6M-2.6% | -$3.5M+18.9% | -$4.3M-9.7% | -$3.9M-51.7% | -$2.6M |
| Investing Cash Flow | -$296K-1457.9% | -$19K+9.5% | -$21K-139.6% | $53K+983.3% | -$6K-100.1% | $11.3M+1652.6% | $645K+176.8% | $233K |
| Financing Cash Flow | $53.5M+1425.9% | $3.5M-68.2% | $11.0M+4327.3% | $249K+223.4% | $77K-74.0% | $296K+77.2% | $167K+9.2% | $153K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
GSIT Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 52.7%-2.2pp | 54.8%-3.3pp | 58.1%+4.1pp | 54.0%+15.4pp | 38.6%-7.6pp | 46.3%-9.7pp | 55.9%+1.3pp | 54.7% |
| Operating Margin | -113.7%-64.2pp | -49.5%-14.8pp | -34.6%+40.3pp | -74.9%+47.8pp | -122.7%-145.9pp | 23.1%+148.8pp | -125.7%-54.0pp | -71.7% |
| Net Margin | -49.7%-0.3pp | -49.4%-14.1pp | -35.3%+39.1pp | -74.4%+45.5pp | -120.0%-143.0pp | 23.1%+147.2pp | -124.1%-53.1pp | -71.0% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | 2.8% | N/A | N/A |
| Return on Assets | -3.1%+3.1pp | -6.1%-1.7pp | -4.4%+4.7pp | -9.1%+2.4pp | -11.5%-13.6pp | 2.1%+15.5pp | -13.5%-5.8pp | -7.6% |
| Current Ratio | 10.42+4.9 | 5.49-0.3 | 5.79+1.7 | 4.04-0.8 | 4.85-0.9 | 5.73+2.0 | 3.75-1.8 | 5.50 |
| Debt-to-Equity | 0.18-0.2 | 0.350.0 | 0.35-0.1 | 0.47+0.1 | 0.42+0.0 | 0.38+0.1 | 0.24+0.1 | 0.17 |
| FCF Margin | -134.4%-120.4pp | -14.1%+13.5pp | -27.6%+38.5pp | -66.0%+10.6pp | -76.6%+15.3pp | -92.0%-18.3pp | -73.6%-28.4pp | -45.2% |
Similar Companies
Frequently Asked Questions
What is Gsi Technology's annual revenue?
Gsi Technology (GSIT) reported $20.5M in total revenue for fiscal year 2025. This represents a -5.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Gsi Technology's revenue growing?
Gsi Technology (GSIT) revenue declined by 5.7% year-over-year, from $21.8M to $20.5M in fiscal year 2025.
Is Gsi Technology profitable?
No, Gsi Technology (GSIT) reported a net income of -$10.6M in fiscal year 2025, with a net profit margin of -51.8%.
What is Gsi Technology's earnings per share (EPS)?
Gsi Technology (GSIT) reported diluted earnings per share of $-0.42 for fiscal year 2025. This represents a 47.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Gsi Technology's EBITDA?
Gsi Technology (GSIT) had EBITDA of -$10.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Gsi Technology's gross margin?
Gsi Technology (GSIT) had a gross margin of 49.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Gsi Technology's operating margin?
Gsi Technology (GSIT) had an operating margin of -52.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Gsi Technology's net profit margin?
Gsi Technology (GSIT) had a net profit margin of -51.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Gsi Technology's free cash flow?
Gsi Technology (GSIT) generated -$13.0M in free cash flow during fiscal year 2025. This represents a 27.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Gsi Technology's operating cash flow?
Gsi Technology (GSIT) generated -$13.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Gsi Technology's total assets?
Gsi Technology (GSIT) had $43.3M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Gsi Technology's capital expenditures?
Gsi Technology (GSIT) invested $45K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Gsi Technology spend on research and development?
Gsi Technology (GSIT) invested $16.0M in research and development during fiscal year 2025.
How many shares does Gsi Technology have outstanding?
Gsi Technology (GSIT) had 26M shares outstanding as of fiscal year 2025.
What is Gsi Technology's current ratio?
Gsi Technology (GSIT) had a current ratio of 3.32 as of fiscal year 2025, which is generally considered healthy.
What is Gsi Technology's debt-to-equity ratio?
Gsi Technology (GSIT) had a debt-to-equity ratio of 0.53 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Gsi Technology's return on assets (ROA)?
Gsi Technology (GSIT) had a return on assets of -24.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Gsi Technology's cash runway?
Based on fiscal year 2025 data, Gsi Technology (GSIT) had $13.4M in cash against an annual operating cash burn of $13.0M. This gives an estimated cash runway of approximately 12 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Gsi Technology's Piotroski F-Score?
Gsi Technology (GSIT) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Gsi Technology's earnings high quality?
Gsi Technology (GSIT) has an earnings quality ratio of 1.22x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Gsi Technology?
Gsi Technology (GSIT) scores 41 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.