
GSI Technology, Inc.
NASDAQ•GSIT
CEO: Mr. Lee-Lean Shu
Sector: Technology
Industry: Semiconductors
Listing Date: 2007-03-29
GSI Technology, Inc. designs, develops, and markets semiconductor memory solutions to networking, industrial, medical, aerospace, and military customers in the United States, China, Singapore, Germany, the Netherlands, and internationally. The company offers associative processing unit products, which focuses on applications using similarity search in visual search queries for e-commerce, computer vision, drug discovery, cyber security, and service markets. It also provides static random access memory (SRAM) products, such as SyncBurst, NBT, SigmaQuad, and SigmaDDR that features high density, high transaction rate, high data bandwidth, low latency, and low power consumption. In addition, the company offers radiation-hardened and radiation-tolerant SRAMs for military/defense and aerospace applications, such as networking satellites and missiles. Its products are used as components in its original equipment manufacturer customers' products, including routers, switches, and other networking and telecommunications products; military and aerospace applications, such as radar and guidance systems and satellites; test and measurement applications consisting of high-speed testers; automotive applications comprising smart cruise control; medical applications, including ultrasound and CAT scan equipment; and audio/video processing. The company markets its products through a network of independent sales representatives and distributors. GSI Technology, Inc. was incorporated in 1995 and is headquartered in Sunnyvale, California.
Contact Information
Market Cap
$224.62M
P/E (TTM)
-21.2
64.2
Dividend Yield
--
52W High
$18.15
52W Low
$1.62
52W Range
Rank56Top 81.7%
2.5
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q2 2026 Data
Revenue
$6.44M+41.63%
4-Quarter Trend
EPS
-$0.11-47.62%
4-Quarter Trend
FCF
-$906.00K-74.01%
4-Quarter Trend
2026 Q2 Earnings Highlights
Key Highlights
Revenue Growth Strong Net revenues for six months reached $12.7M USD, marking a strong 38.0% increase over prior period results.
Gross Margin Expansion Noted Gross profit improved significantly to $7.2M USD, expanding margin to 56.4% from 42.5% year-over-year.
Cash Position Bolstered Cash and equivalents increased to $25.3M USD by period end, bolstered by recent equity financing activities.
R&D Spending Reduced Research and development expenses decreased 23.7% to $6.9M USD for the six months ended September 30, 2025.
Risk Factors
Customer Concentration Risk High Top customers like KYEC and Nokia drive significant revenue; reductions severely impact operating results and forecasts.
Macroeconomic Headwinds Persist Inflation, tariffs, and geopolitical tensions expected to negatively impact demand and general economic activity through fiscal 2026.
New Product Execution Risk Success hinges on commercializing new APU products; failure risks cash shortfalls and operational harm.
Single Source Supply Dependency Reliance on TSMC for wafers and ASE for packaging creates supply chain vulnerability and potential cost increases.
Outlook
APU Transformation Focus Strategy centers on shifting revenue generation to new in-place associative computing products and services over time.
Liquidity Sufficient Short Term Existing cash balances are believed sufficient to cover working capital and capital expenditures for at least the next 12 months.
Government Funding Reliance Continued R&D success depends on timely funding and execution of ongoing U.S. government prototype agreements.
Future Capital Needs Possible May require additional equity or debt financing in the future, which could result in stockholder dilution.
Peer Comparison
Revenue (TTM)
MX$201.33M
GMGI$179.14M
$177.87M
Gross Margin (Latest Quarter)
62.9%
WRAP59.2%
GMGI55.8%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| OSS | $259.86M | -33.7 | -26.1% | 15.1% |
| ASYS | $236.46M | -7.8 | -50.8% | 19.7% |
| GSIT | $224.62M | -21.2 | -34.8% | 17.4% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
6.0%
Steady Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention
Research & Insights
Next earnings:Jan 29, 2026
EPS:-
|Revenue:-
Reports
All Years
Form 10-Q - Q2 2026
Period End: Sep 30, 2025|Filed: Nov 7, 2025|Revenue: $6.44M+41.6%|EPS: $-0.11-47.6%N/AForm 10-Q - Q1 2026
Period End: Jun 30, 2025|Filed: Aug 8, 2025|Revenue: $6.28M+34.5%|EPS: $-0.08-293.4%N/AForm 10-K - FY 2025
Period End: Mar 31, 2025|Filed: Jun 18, 2025|Revenue: $20.52M-5.7%|EPS: $-0.42+47.5%N/AForm 10-Q - Q3 2025
Period End: Dec 31, 2024|Filed: Feb 10, 2025|Revenue: $5.41M+1.8%|EPS: $-0.16-38.5%N/AForm 10-Q - Q2 2025
Period End: Sep 30, 2024|Filed: Nov 1, 2024|Revenue: $4.55M-20.3%|EPS: $-0.21+31.3%MissForm 10-Q - Q1 2025
Period End: Jun 30, 2024|Filed: Aug 2, 2024|Revenue: $4.67M-16.4%|EPS: $0.04-120.2%MissForm 10-K - FY 2024
Period End: Mar 31, 2024|Filed: Jun 13, 2024|Revenue: $21.77M-26.7%|EPS: $-0.80-23.1%MissForm 10-Q - Q3 2024
Period End: Dec 31, 2023|Filed: Feb 2, 2024|Revenue: $5.32M-17.5%|EPS: $-0.26+30.0%Miss