GSI Technology (GSIT) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 7, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q1 FY2027, filed Aug 11, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GSIT SEC filings page.
GSI Technology (GSIT) reported $25.2M in revenue over the twelve months to Jun 30, 2026, up 13.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).
GSI's operating recovery remains funded by external capital: revenue rebounded, but research spending and cash losses still outweigh internal generation.
The FY2026 revenue rebound and gross-margin recovery did not translate into operating improvement: the operating loss widened as R&D increased, showing that higher activity is still being absorbed by the development cost base. Operating cash flow of-$15.9M stayed close to the net loss of$13.2M , so the 50.7-month liquidity measure is a balance-sheet comparison, not evidence of operating self-funding.
R&D consumed
The balance sheet expanded alongside a
Financial Health Signals
Scored against emerging companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of GSI Technology's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
GSI Technology held $67.2M in cash, cash equivalents and investments at the end of fiscal year 2026, and its operations used $15.9M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and GSI Technology scores 67/100 among other emerging companies.
GSI Technology had 38M shares outstanding at the end of fiscal year 2026, against 28M in fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and GSI Technology scores 34/100 among other emerging companies.
GSI Technology spent $19.9M on research and development in fiscal year 2026, which was 46.8% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and GSI Technology scores 76/100 among other emerging companies.
GSI Technology reported revenue of $25.1M in fiscal year 2026, against $20.5M in fiscal year 2025. Revenue Progress ranks emerging companies on the three-year path of that line, and GSI Technology scores 52/100 among other emerging companies.
GSI Technology's operations used $15.9M of cash in fiscal year 2026, against $13.0M used in fiscal year 2025. Burn Trend ranks emerging companies on which way that figure has moved over three years, and GSI Technology scores 49/100 among other emerging companies.
GSI Technology's cash, cash equivalents and investments came to $67.2M at the end of fiscal year 2026, against $16.2M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and GSI Technology scores 87/100 among other emerging companies.
GSI Technology scores 7.78, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($214.5M) relative to total liabilities ($16.2M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
GSI Technology passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
GSI Technology reported a net loss of $13.2M while operations used $15.9M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
GSI Technology generated $6.3M in revenue in Q1 2027. This represents an increase of 0.5% from the same quarter a year earlier. Against the prior quarter it is down 0.1%.
GSI Technology's EBITDA was -$5.2M in Q1 2027, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 157.1% from the same quarter a year earlier. Against the prior quarter it is down 3.3%.
GSI Technology reported -$4.8M in net income in Q1 2027. This represents a decrease of 116.1% from the same quarter a year earlier. Against the prior quarter it is up 0.7%.
GSI Technology earned -$0.13 per diluted share (EPS) in Q1 2027. This represents a decrease of 62.5% from the same quarter a year earlier. Against the prior quarter it is up 7.1%.
Cash & Balance Sheet
GSI Technology recorded an outflow of $4.2M in free cash flow in Q1 2027, representing a cash shortfall after capex. This represents a decrease of 143.3% from the same quarter a year earlier. Against the prior quarter it is up 24.7%.
GSI Technology held $77.0M in cash as of Q1 2027; long-term debt is not reported for that period.
Not reported for Q1 2027.
Margins & Returns
GSI Technology's gross margin was 53.4% in Q1 2027, indicating the percentage of revenue retained after direct costs. This is down 4.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.0 percentage points.
GSI Technology's operating margin was -85.3% in Q1 2027, reflecting core business profitability. This is down 50.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.9 percentage points.
GSI Technology's net profit margin was -75.9% in Q1 2027, showing the share of revenue converted to profit. This is down 40.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.4 percentage points.
GSI Technology's ROE was -5.2% in Q1 2027, measuring profit generated per dollar of shareholder equity. This is up 0.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.7 percentage points.
Capital Allocation
GSI Technology invested $5.9M in research and development in Q1 2027. This represents an increase of 90.5% from the same quarter a year earlier. Against the prior quarter it is up 4.9%.
GSI Technology invested $358K in capex in Q1 2027, funding long-term assets and infrastructure. This represents an increase of 1604.8% from the same quarter a year earlier. Against the prior quarter it is up 138.7%.
Not reported for Q1 2027.
GSIT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.3M+0.5% | $6.3M+7.4% | $6.1M+12.2% | $6.4M+41.6% | $6.3M+34.5% | $5.9M+14.2% | $5.4M+1.8% | $4.5M-20.3% |
| Cost of Revenue | $2.9M+11.8% | $3.0M+16.4% | $2.9M+15.5% | $2.9M+4.2% | $2.6M+4.9% | $2.6M+3.6% | $2.5M+6.3% | $2.8M+8.0% |
| Gross Profit | $3.4M-7.7% | $3.3M+0.4% | $3.2M+9.5% | $3.5M+101.1% | $3.7M+68.9% | $3.3M+24.1% | $2.9M-1.7% | $1.8M-43.7% |
| R&D Expenses | $5.9M+90.5% | $5.6M+89.6% | $7.5M+84.7% | $3.8M-21.3% | $3.1M-26.5% | $3.0M-38.4% | $4.0M-42.1% | $4.8M+2.1% |
| SG&A Expenses | $2.9M+4.6% | $2.9M+10.9% | $2.6M-11.6% | $3.0M+15.6% | $2.7M+4.8% | $2.6M+10.8% | $3.0M+11.7% | $2.6M+1.2% |
| Operating Income | -$5.4M-147.5% | -$5.2M-128.8% | -$6.9M-70.3% | -$3.2M+42.9% | -$2.2M-301.5% | -$2.3M+49.6% | -$4.1M+39.3% | -$5.6M-36.4% |
| EBITDA | -$5.2M-157.1% | -$5.0M-137.7% | -$6.7M-73.1% | -$3.0M+44.1% | -$2.0M-259.4% | -$2.1M+50.7% | -$3.9M+39.8% | -$5.4M-40.4% |
| Income Tax | -$76K-240.7% | $24K+300.0% | -$251K-670.5% | $41K+78.3% | $54K-5.3% | $6K+107.1% | $44K-38.0% | $23K-30.3% |
| Net Income | -$4.8M-116.1% | -$4.8M-116.3% | -$3.0M+25.0% | -$3.2M+41.6% | -$2.2M-305.7% | -$2.2M+48.4% | -$4.0M+39.0% | -$5.5M-34.6% |
| EPS (Basic) | -$0.13-62.5% | -$0.14-55.6% | -$0.09+43.8% | -$0.11+47.6% | -$0.08-300.0% | -$0.09+47.1% | -$0.16+38.5% | -$0.21-31.2% |
| EPS (Diluted) | -$0.13-62.5% | -$0.14-55.6% | -$0.09+43.8% | -$0.11+47.6% | -$0.08-300.0% | -$0.09+47.1% | -$0.16+38.5% | -$0.21-31.2% |
| Diluted Shares (Avg) | 37M+38.5% | N/A | 35M+35.1% | 30M+16.3% | 27M+5.0% | N/A | 26M+1.1% | 25M+1.2% |
Not reported in any period shown, so not listed: Interest Expense.
GSIT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $108.5M+114.9% | $98.0M+126.1% | $98.5M+123.1% | $52.0M+9.7% | $50.5M-3.5% | $43.3M+2.0% | $44.1M-10.0% | $47.4M-10.7% |
| Current Assets | $89.8M+188.8% | $79.2M+237.6% | $79.3M+233.0% | $32.7M+23.0% | $31.1M0.0% | $23.5M-22.1% | $23.8M-24.5% | $26.6M-24.5% |
| Cash & Equivalents | $77.0M+239.0% | $67.2M+400.3% | $70.7M+368.5% | $25.3M+38.0% | $22.7M+4.4% | $13.4M-6.9% | $15.1M-30.1% | $18.4M-25.6% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0-100.0% |
| Inventory | $4.5M+20.7% | $4.1M+4.8% | $3.9M-0.2% | $3.6M-11.9% | $3.8M-15.8% | $3.9M-21.8% | $3.9M-29.4% | $4.1M-26.0% |
| Accounts Receivable | $2.5M+58.0% | $4.2M+33.7% | $2.8M-21.0% | $1.6M-33.3% | $1.6M-41.6% | $3.2M+1.6% | $3.6M+50.7% | $2.4M-21.8% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $8.0M0.0% | $8.0M0.0% | $8.0M0.0% | $8.0M0.0% | $8.0M0.0% | $8.0M0.0% | $8.0M0.0% | $8.0M0.0% |
| Total Liabilities | $16.6M+26.6% | $16.2M+7.3% | $14.8M+4.5% | $13.4M-4.8% | $13.1M-8.3% | $15.1M+132.4% | $14.2M+49.9% | $14.1M+82.4% |
| Current Liabilities | $9.8M+82.4% | $9.2M+30.0% | $7.6M+29.0% | $6.0M+8.6% | $5.4M-0.9% | $7.1M+31.9% | $5.9M-29.9% | $5.5M-14.3% |
| Non-Current Liabilities | $6.8M-12.1% | $7.0M-12.7% | $7.2M-12.9% | $7.5M-13.3% | $7.8M-12.8% | $8.0M+610.1% | $8.3M+689.7% | $8.6M+546.8% |
| Total Equity | $91.9M+145.9% | $81.8M+189.7% | $83.6M+179.4% | $38.6M+15.8% | $37.4M-1.7% | $28.2M-21.5% | $29.9M-24.4% | $33.3M-26.6% |
| Retained Earnings | -$53.2M-42.3% | -$48.5M-37.6% | -$43.6M-32.3% | -$40.6M-40.3% | -$37.4M-59.3% | -$35.2M-43.3% | -$33.0M-62.9% | -$28.9M-112.2% |
Not reported in any period shown, so not listed: Long-Term Debt.
GSIT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$3.9M-125.4% | -$5.5M-228.8% | -$7.9M-120.3% | -$887K+74.5% | -$1.7M+59.8% | -$1.7M+76.8% | -$3.6M+8.5% | -$3.5M-35.7% |
| Depreciation & Amortization | $173K+16.1% | $163K+5.8% | $163K+2.5% | $153K-4.4% | $149K-22.4% | $154K-26.3% | $159K-25.4% | $160K-30.4% |
| Stock-Based Compensation | $887K+160.1% | N/A | $782K+82.3% | $856K+29.1% | $341K-48.2% | N/A | $429K-33.9% | $663K-1.9% |
| Capital Expenditures | $358K+1604.8% | $150K+3650.0% | $296K+9766.7% | $19K+216.7% | $21K-34.4% | $4K-63.6% | $3K-70.0% | $6K-64.7% |
| Free Cash Flow | -$4.2M-143.3% | -$5.6M-237.1% | -$8.2M-128.4% | -$906K+74.0% | -$1.7M+59.7% | -$1.7M+76.8% | -$3.6M+8.7% | -$3.5M-35.1% |
| Investing Cash Flow | -$358K-1604.8% | -$150K-3650.0% | -$296K-658.5% | -$19K-216.7% | -$21K-100.2% | -$4K+63.6% | $53K-91.8% | -$6K-102.6% |
| Financing Cash Flow | $14.0M+27.4% | $2.1M+19372.7% | $53.5M+21391.6% | $3.5M+4454.5% | $11.0M+3624.3% | $11K-21.4% | $249K+49.1% | $77K-49.7% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
GSIT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 53.4%-4.7pp | 52.4%-3.7pp | 52.7%-1.3pp | 54.8%+16.2pp | 58.1%+11.8pp | 56.1%+4.5pp | 54.0%-1.9pp | 38.6%-16.1pp |
| Operating Margin | -85.3%-50.7pp | -82.4%-43.7pp | -113.7% | -49.5% | -34.6%-57.8pp | -38.7%+48.9pp | -74.9% | -122.7% |
| Net Margin | -75.9%-40.6pp | -76.3%-38.4pp | -49.7%+24.7pp | -49.4% | -35.3%-58.4pp | -37.9%+46.0pp | -74.4% | -120.0% |
| Return on Equity | -5.2%+0.7pp | -5.9%+2.0pp | -3.6%+9.8pp | -8.3%+8.1pp | -5.9%-8.8pp | -7.9%+4.1pp | -13.5%+3.2pp | -16.4%-7.5pp |
| Return on Assets | -4.4%0.0pp | -4.9%+0.2pp | -3.1%+6.1pp | -6.1%+5.4pp | -4.4%-6.5pp | -5.1%+5.0pp | -9.1%+4.3pp | -11.5%-3.9pp |
| Current Ratio | 9.16+3.4x | 8.61+5.3x | 10.42+6.4x | 5.49+0.6x | 5.79+0.1x | 3.32-2.3x | 4.04+0.3x | 4.85-0.7x |
| Debt-to-Equity | 0.18-0.2x | 0.20-0.3x | 0.18-0.3x | 0.35-0.1x | 0.350.0x | 0.53+0.4x | 0.47+0.2x | 0.42+0.3x |
| Asset Turnover | 0.06-0.1x | 0.06-0.1x | 0.06-0.1x | 0.120.0x | 0.120.0x | 0.140.0x | 0.120.0x | 0.100.0x |
| FCF Margin | -66.8%-39.2pp | -88.6%-60.4pp | -134.4% | -14.1%+62.6pp | -27.6%+64.4pp | -28.2% | -66.0%+7.6pp | -76.6%-31.4pp |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| GSI Technology GSIT | FY2026 | $25.1M | -$13.2M | -52.7% | $214.5M | 61/100 |
| Magnachip Semiconductor Corp. MX | FY2025 | $178.9M | -$29.7M | -16.6% | $129.2M | 46/100 |
| QuickLogic Corp QUIK | FY2025 | $13.8M | -$14.8M | N/A | $213.4M | 41/100 |
| Intchains Group Limited ICG | FY2025 | $31.6M | -$6.8M | -21.5% | $58.1M | 52/100 |
| GCT Semiconductor Holding, Inc. GCTS | FY2025 | $2.9M | -$43.4M | N/A | $192.2M | 17/100 |
Where GSI Technology Ranks
Frequently Asked Questions
What is GSI Technology's annual revenue?
GSI Technology (GSIT) reported $25.1M in total revenue for fiscal year 2026. This represents a 22.4% 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 grew by 22.4% year-over-year, from $20.5M to $25.1M in fiscal year 2026.
Is GSI Technology profitable?
No, GSI Technology (GSIT) reported a net income of -$13.2M in fiscal year 2026, with a net profit margin of -52.7%.
What is GSI Technology's EBITDA?
GSI Technology (GSIT) had EBITDA of -$16.8M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
What is GSI Technology's gross margin?
GSI Technology (GSIT) had a gross margin of 54.5% in fiscal year 2026, 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 -69.6% in fiscal year 2026, 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 -52.7% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is GSI Technology's return on equity (ROE)?
GSI Technology (GSIT) has a return on equity of -16.2% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is GSI Technology's free cash flow?
GSI Technology (GSIT) recorded an outflow of $16.4M in free cash flow during fiscal year 2026. This represents a -26.0% 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) recorded an outflow of $15.9M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are GSI Technology's total assets?
GSI Technology (GSIT) had $98.0M in total assets as of fiscal year 2026, including both current and long-term assets.
What are GSI Technology's capital expenditures?
GSI Technology (GSIT) invested $486K in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does GSI Technology spend on research and development?
GSI Technology (GSIT) invested $19.9M in research and development during fiscal year 2026.
What is GSI Technology's current ratio?
GSI Technology (GSIT) had a current ratio of 8.61 as of fiscal year 2026, which is generally considered healthy.
What is GSI Technology's debt-to-equity ratio?
GSI Technology (GSIT) had a debt-to-equity ratio of 0.20 as of fiscal year 2026, 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 -13.5% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is GSI Technology's P/E ratio?
GSI Technology (GSIT) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $214.5M as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is GSI Technology's price-to-sales ratio?
GSI Technology (GSIT) trades at 8.5x sales, its market capitalization divided by revenue of $25.2M revenue, trailing 12 months to June 30, 2026. The market capitalization is $214.5M as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does GSI Technology's liquidity compare with its operating cash outflow?
At the end of fiscal year 2026, GSI Technology (GSIT) held $67.2M in cash, cash equivalents and investments, and reported an operating cash outflow of $15.9M over that year. Dividing the one by the other, the reported balance equals about 51 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is GSI Technology's Altman Z-Score?
GSI Technology (GSIT) has an Altman Z-Score of 7.78, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is GSI Technology's Piotroski F-Score?
GSI Technology (GSIT) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 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) reported a net loss of $13.2M while operations used $15.9M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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 61 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.