Every 10-Q that GSI Technology (GSIT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow GSIT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GSIT filings page.
GSI Technology, Inc. reported flat net revenues of $6.3 million for the quarter ended June 30, 2026, but its net loss widened to $4.8 million from $2.2 million a year earlier as operating expenses, particularly R&D, increased sharply.
Gross margin declined to 53.4% from 58.1% due mainly to product and customer mix. Research and development spending nearly doubled to $5.9 million, driven by higher consulting, payroll, and stock-based compensation related to Gemini‑II and Plato associative computing projects, partially offset by $0.3 million of government grant funding.
Cash and cash equivalents rose to $77.0 million with no debt, supported by $9.3 million of At‑the‑Market equity issuance and $4.8 million from employee stock plans. The company highlighted progress commercializing its Gemini‑II APU, new U.S. defense and smart‑city engagements, and expects macroeconomic and end‑market softness to weigh on results through fiscal 2027.
GSI Technology reported higher revenue but continued losses for the quarter ended December 31, 2025. Quarterly net revenues rose to $6.1 million from $5.4 million, with nine‑month revenues up to $18.8 million from $14.6 million, driven mainly by product mix and modest unit growth.
The company posted a quarterly net loss of $3.0 million (basic and diluted loss per share $0.09) and a nine‑month net loss of $8.4 million. Gross margin improved to 55.2% for the nine months, helped by higher average selling prices and lower inventory and severance impacts.
Research and development expenses climbed, including a $3.2 million purchase of intellectual property for the Plato project, partly offset by $1.0 million in government contract funding. Liquidity strengthened significantly: cash and cash equivalents reached $70.7 million, supported by a $50.0 million registered direct offering, warrant exercises, an earlier at‑the‑market stock sale of $14.3 million, and an $11.3 million sale‑leaseback of the Sunnyvale headquarters.
GSI Technology (GSIT) reported stronger results for the quarter ended September 30, 2025. Net revenues rose to $6.4 million from $4.6 million a year ago as unit shipments and average selling prices both increased. Gross profit doubled to $3.5 million, lifting gross margin to 54.8% from 38.6% on a more favorable product and customer mix.
The company narrowed its quarterly net loss to $3.2 million (basic and diluted EPS $(0.11)) from $5.5 million. Research and development spending decreased year over year, aided by $279,000 in government grant offsets this quarter, while selling, general and administrative expenses rose modestly.
Liquidity improved: cash and cash equivalents reached $25.3 million, supported by an at-the-market program that raised $14.3 million net in the first half. After quarter-end, GSI completed a registered direct offering for $50 million in gross proceeds through common shares and pre-funded warrants, further strengthening the balance sheet. Revenue remained concentrated, with notable contributions from distribution channels and specific end users, and sales were predominantly in the United States.
GSI Technology reported quarterly net revenues of $6.283 million, a 34.5% increase from $4.671 million a year earlier, driven by a higher average selling price despite a 2.0% decline in units shipped. Gross profit was $3.651 million and gross margin rose to 58.1% from 46.3% a year ago. The company recorded a net loss of $2.217 million for the quarter, or $(0.08) per share, versus net income of $1.078 million in the prior-year period, reflecting higher operating expenses and the absence of a prior-period gain on a sale-and-leaseback.
Liquidity strengthened: cash and cash equivalents rose to $22.7 million from $13.4 million, helped by net proceeds of $10.8 million from an At-the-Market offering of 3,380,773 shares. The company has no debt and holds $11.9 million in money market funds. R&D expense declined to $3.1 million (49.3% of revenue), partly offset by $543,000 of government contract funding recognized as a reduction of R&D. Trade-concentration remains notable: Cadence represented ~24% of net revenues this quarter while Nokia and KYEC represented ~9% and ~4%, respectively.