Get started

Financials · GSIT

GSI Technology (GSIT) financials

For the twelve months ended Sep 30, 2026, GSI Technology reported $24.73M of revenue and -$19.66M of net income.

Revenue, TTM
$24.73M
Revenue growth, YoY
+2.9%
Net income, TTM
-$19.66M
Net margin
-79.5%
Free cash flow, TTM
-$26.10M
Cash
$69.19M
P/S
5.03
Market cap
$124.3M
Annual revenue$25.12M
FY2017FY2026
Annual net income-$13.25M
FY2017FY2026
Annual free cash flow-$16.41M
FY2017FY2026

GSIT revenue and earnings growth

GSIT revenueQ2 2027$6.02M

Quarter YoY
-6.6%
QoQ
-4.6%
FY YoY
+22.4%
5Y CAGR
-2.0%
10Y CAGR
-7.1%

GSIT revenue was $6.02M in fiscal Q2 2027 (ended Sep 30, 2026), down 6.6% from a year earlier and down 4.6% from the prior quarter. For the full fiscal 2026 it was $25.12M, up 22.4% from fiscal 2025. Compound annual growth was -2.0% over 5 years and -7.1% over 10 years. It rose in 3 of the last 10 fiscal years.

GSIT net incomeQ2 2027-$7.02M

GSIT net income was -$7.02M in fiscal Q2 2027 (ended Sep 30, 2026), compared with -$3.19M a year earlier. For the full fiscal 2026 it was -$13.25M, compared with -$10.64M in fiscal 2025.

GSIT EPSQ2 2027-$0.18

GSIT diluted EPS was -$0.18 in fiscal Q2 2027 (ended Sep 30, 2026), compared with -$0.11 a year earlier. For the full fiscal 2026 it was -$0.42, compared with -$0.42 in fiscal 2025.

GSIT free cash flowQ2 2027-$8.11M

GSIT free cash flow was -$8.11M in fiscal Q2 2027 (ended Sep 30, 2026), compared with -$906.0K a year earlier. For the full fiscal 2026 it was -$16.41M, compared with -$13.02M in fiscal 2025.

Export CSV

Income statement

Income statement
Line item
FY2026
Mar 31, 2026
FY2025
Mar 31, 2025
FY2024
Mar 31, 2024
FY2023
Mar 31, 2023
FY2022
Mar 31, 2022
FY2021
Mar 31, 2021
FY2020
Mar 31, 2020
FY2019
Mar 31, 2019
FY2018
Mar 31, 2018
FY2017
Mar 31, 2017
Revenue$25.12M$20.52M$21.77M$29.69M$33.38M$27.73M$43.34M$51.49M$42.64M$48.18M
Cost of revenue$11.43M$10.38M$9.94M$12.01M$14.85M$14.51M$18.00M$19.86M$20.22M$21.76M
Gross profit$13.70M$10.14M$11.82M$17.68M$18.54M$13.22M$25.34M$31.63M$22.43M$26.42M
Research and development$19.95M$16.00M$21.69M$23.55M$24.67M$23.34M$25.22M$21.36M$17.00M$15.80M
Selling, general and admin$11.22M$10.76M$10.56M$9.94M$10.22M$11.14M$10.92M$10.46M$9.90M$11.14M
Operating income-$17.48M-$10.84M-$20.43M-$15.81M-$16.35M-$21.26M-$10.80M-$182.0K-$4.47M-$527.0K
Pre-tax income-$13.38M-$10.51M-$20.02M-$15.61M-$16.41M-$21.17M-$10.09M$268.0K-$4.06M-$49.0K
Income tax-$132.0K$130.0K$70.0K$372.0K-$45.0K$335.0K$247.0K$105.0K$453.0K$66.0K
Net income-$13.25M-$10.64M-$20.09M-$15.98M-$16.37M-$21.50M-$10.34M$163.0K-$4.51M-$115.0K
EPS, basic-$0.42-$0.42-$0.80-$0.65-$0.67-$0.91-$0.45$0.01-$0.21-$0.01
EPS, diluted-$0.42-$0.42-$0.80-$0.65-$0.67-$0.91-$0.45$0.01-$0.21-$0.01
Diluted shares31.8M25.5M25.1M24.6M24.3M23.7M23.0M23.3M21.1M20.7M

Balance sheet

Balance sheet
Line item
FY2026
Mar 31, 2026
FY2025
Mar 31, 2025
FY2024
Mar 31, 2024
FY2023
Mar 31, 2023
FY2022
Mar 31, 2022
FY2021
Mar 31, 2021
FY2020
Mar 31, 2020
FY2019
Mar 31, 2019
FY2018
Mar 31, 2018
FY2017
Mar 31, 2017
Cash and equivalents$67.21M$13.43M$14.43M$27.21M$36.97M$44.23M$51.51M$42.49M$40.24M$33.74M
Receivables$4.24M$3.17M$3.12M$3.47M$4.52M$3.67M$6.33M$7.34M$5.28M$6.35M
Inventory$4.08M$3.89M$4.98M$6.42M$4.66M$4.34M$4.28M$5.68M$5.55M$9.21M
Current assets$79.19M$23.45M$30.11M$41.88M$54.69M$63.45M$79.11M$77.36M$71.27M$68.27M
Goodwill$7.98M$7.98M$7.98M$7.98M$7.98M$7.98M$7.98M$7.98M$7.98M$7.98M
Total assets$97.95M$43.32M$42.46M$59.88M$76.42M$87.61M$102.56M$106.22M$99.54M$102.59M
Current liabilities$9.20M$7.07M$5.37M$7.20M$8.86M$7.46M$8.26M$8.73M$7.40M$10.47M
Total liabilities$16.19M$15.09M$6.49M$8.50M$11.97M$12.02M$12.92M$13.07M$12.72M$16.15M
Shareholders' equity$81.76M$28.23M$35.97M$51.37M$64.45M$75.59M$89.64M$93.16M$86.81M$86.44M

Cash flow

Cash flow
Line item
FY2026
Mar 31, 2026
FY2025
Mar 31, 2025
FY2024
Mar 31, 2024
FY2023
Mar 31, 2023
FY2022
Mar 31, 2022
FY2021
Mar 31, 2021
FY2020
Mar 31, 2020
FY2019
Mar 31, 2019
FY2018
Mar 31, 2018
FY2017
Mar 31, 2017
Operating cash flow-$15.92M-$12.97M-$17.35M-$16.84M-$13.83M-$15.25M-$4.68M$3.01M$1.06M$2.05M
Capital expenditures$486.0K$45.0K$645.0K$316.0K$774.0K$203.0K$331.0K$2.09M$1.32M$219.0K
Free cash flow-$16.41M-$13.02M-$18.00M-$17.16M-$14.60M-$15.46M-$5.01M$916.0K-$255.0K$1.83M
Investing cash flow-$486.0K$11.35M$2.76M$6.68M$4.20M$3.29M$9.97M-$3.47M$2.81M$4.82M
Financing cash flow$70.19M$633.0K$1.81M$402.0K$2.37M$4.69M$3.72M$2.72M$2.63M-$5.10M
Share repurchases-------$103.0K-$7.11M
Stock-based compensation$2.80M$2.26M$2.84M$2.47M$2.99M$2.85M$2.57M$2.27M$2.07M$1.88M
Depreciation and amortization$628.0K$665.0K$927.0K$1.01M$1.00M$1.21M$1.43M$1.45M$1.25M$1.53M

Key ratios

Key ratios
Line item
FY2026
Mar 31, 2026
FY2025
Mar 31, 2025
FY2024
Mar 31, 2024
FY2023
Mar 31, 2023
FY2022
Mar 31, 2022
FY2021
Mar 31, 2021
FY2020
Mar 31, 2020
FY2019
Mar 31, 2019
FY2018
Mar 31, 2018
FY2017
Mar 31, 2017
Revenue growth, YoY22.4%-5.7%-26.7%-11.1%20.4%-36.0%-15.8%20.7%-11.5%-8.6%
Gross margin54.5%49.4%54.3%59.6%55.5%47.7%58.5%61.4%52.6%54.8%
Operating margin-69.6%-52.8%-93.9%-53.2%-49.0%-76.7%-24.9%-0.4%-10.5%-1.1%
Net margin-52.7%-51.9%-92.3%-53.8%-49.0%-77.6%-23.8%0.3%-10.6%-0.2%
Free cash flow margin-65.3%-63.5%-82.7%-57.8%-43.7%-55.7%-11.6%1.8%-0.6%3.8%
Return on equity-16.2%-37.7%-55.8%-31.1%-25.4%-28.4%-11.5%0.2%-5.2%-0.1%
Return on assets-13.5%-24.6%-47.3%-26.7%-21.4%-24.5%-10.1%0.2%-4.5%-0.1%
Current ratio8.613.325.615.816.178.509.588.869.636.52

Source: XBRL data GSI Technology files with the SEC, latest filing dated Nov 6, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

GSIT peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
GSIT$24.73M+2.9%-$19.66M-79.5%$124.3M
NVDA$302.97B+83.4%$192.88B63.7%$4.31T
TSMNT$3.81T+31.6%NT$1.70T44.6%$2.02T
AVGO$89.10B+48.7%$38.27B42.9%$1.53T
AMD$45.44B+41.9%$7.62B16.8%$834.12B
MU$133.19B+256.3%$84.97B63.8%$829.50B
INTC$59.89B+12.1%-$12.03B-20.1%$315.55B
AMAT$30.84B+7.8%$9.27B30.1%$294.06B

GSIT FAQ

8 questions
  • What is GSIT revenue?
    GSI Technology (GSIT) reported $24.73M of revenue for the twelve months ended Sep 30, 2026. That is up 2.9% from the year before. Revenue for fiscal 2026 was $25.12M.
  • Is GSIT profitable?
    No. GSI Technology reported a net loss of $19.66M for the twelve months ended Sep 30, 2026.
  • How much cash and debt does GSIT have?
    GSI Technology reported $69.19M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is GSIT revenue growing?
    GSI Technology's revenue changed +22.4% in fiscal 2026, to $25.12M. Its compound annual growth rate was -2.0% over 5 years and -7.1% over 10 years.
  • What is GSIT gross margin?
    GSI Technology's gross profit was $12.80M on $24.73M of revenue for the twelve months ended Sep 30, 2026, a gross margin of 51.8%.
  • What is GSIT free cash flow?
    GSI Technology generated -$26.10M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of -$25.18M less capital expenditures.
  • When did GSIT last report financial results?
    The latest statements here come from GSI Technology's 10-Q filed on Nov 6, 2026, covering the period ended Sep 30, 2026.
  • Where does this GSIT financial data come from?
    Quantisnow builds these statements from the structured XBRL data GSI Technology files with the SEC. It is provided for information only and is not investment advice.