GSIT · Gsi Technology Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.08M | $6.44M | $6.28M | $4.67M | $5.41M | $4.55M | $5.59M | $5.32M | $5.71M | $8.91M |
| Cost of Revenue | $2.88M | $2.91M | $2.63M | $2.51M | $2.49M | $2.79M | $2.52M | $2.34M | $2.59M | $3.54M |
| Gross Profit | $3.20M | $3.53M | $3.65M | $2.16M | $2.92M | $1.76M | $3.07M | $2.98M | $3.12M | $5.37M |
| R&D | $7.46M | $3.77M | $3.10M | $4.21M | $4.04M | $4.79M | $5.20M | $6.98M | $4.69M | $6.62M |
| SG&A | $2.65M | $2.95M | $2.73M | $2.60M | $3.00M | $2.55M | $3.00M | $2.68M | $2.52M | $2.69M |
| Total Operating Expenses | $10.11M | $6.72M | $5.83M | $1.08M | $6.98M | $7.34M | $8.21M | $9.66M | $7.21M | $9.31M |
| D&A | $104.0K | $95.0K | $149.0K | $192.0K | $100.0K | $102.0K | $276.0K | $155.0K | $172.0K | $256.0K |
| Operating Income | ($6.91M) | ($3.19M) | ($2.18M) | $1.08M | ($4.05M) | ($5.58M) | ($5.14M) | ($6.68M) | ($4.09M) | ($3.94M) |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($251.0K) | $41.0K | $54.0K | $57.0K | $44.0K | $23.0K | $51.0K | $71.0K | $33.0K | $60.0K |
| Net Income | ($3.02M) | ($3.19M) | ($2.22M) | $1.08M | ($4.03M) | ($5.46M) | ($5.11M) | ($6.60M) | ($4.05M) | ($3.98M) |
| EPS - Basic | ($0.09) | ($0.11) | ($0.08) | $0.04 | ($0.16) | ($0.21) | ($0.21) | ($0.26) | ($0.16) | ($0.16) |
| EPS - Diluted | ($0.09) | ($0.11) | ($0.08) | $0.04 | ($0.16) | ($0.21) | ($0.21) | ($0.26) | ($0.16) | ($0.16) |
Balance Sheet
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $70.67M | $25.33M | $22.73M | $13.43M | $15.09M | $18.36M | $14.43M | $21.57M | $24.67M | $27.21M |
| Accounts Receivable | $2.83M | $1.61M | $1.59M | $3.17M | $3.58M | $2.41M | $3.12M | $2.38M | $3.08M | $3.47M |
| Inventory | $3.88M | $3.63M | $3.76M | $3.89M | $3.88M | $4.13M | $4.98M | $5.50M | $5.58M | $6.42M |
| Accounts Payable | $1.01M | $1.19M | $743.0K | $991.0K | $691.0K | $866.0K | $668.0K | $1.28M | $864.0K | $1.62M |
| Current Assets | $79.31M | $32.74M | $31.09M | $23.45M | $23.82M | $26.62M | $30.11M | $31.54M | $35.24M | $41.88M |
| Total Assets | $98.46M | $51.99M | $50.51M | $43.32M | $44.13M | $47.39M | $42.46M | $49.05M | $53.10M | $59.88M |
| Current Liabilities | $7.61M | $5.96M | $5.37M | $7.07M | $5.90M | $5.49M | $5.37M | $8.42M | $6.40M | $7.20M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $14.84M | $13.44M | $13.13M | $15.09M | $14.20M | $14.11M | $6.49M | $9.47M | $7.74M | $8.50M |
| Stockholders' Equity | $83.62M | $38.55M | $37.37M | $28.23M | $29.93M | $33.28M | $35.97M | $39.58M | $45.37M | $51.37M |
| Retained Earnings | ($43.63M) | ($40.61M) | ($37.42M) | ($35.20M) | ($32.98M) | ($28.95M) | ($24.57M) | ($20.25M) | ($13.64M) | ($4.48M) |
Cash Flow
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($1.71M) | ($4.26M) | - | - | ($3.73M) | - | - | ($5.01M) |
| Investing Cash Flow | - | - | ($21.0K) | $11.30M | - | - | $1.89M | - | - | $1.39M |
| Financing Cash Flow | - | - | $11.02M | $296.0K | - | - | $1.47M | - | - | $179.0K |
| CapEx | - | - | $21.0K | $32.0K | - | - | $607.0K | - | - | $106.0K |
| Free Cash Flow | - | - | ($1.73M) | ($4.30M) | - | - | ($4.34M) | - | - | ($5.12M) |
Ratios
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 52.7% | 54.8% | 58.1% | 46.3% | 54.0% | 38.6% | 54.9% | 55.9% | 54.7% | 60.2% |
| Operating margin | -113.7% | -49.5% | -34.6% | 23.1% | -74.9% | -122.7% | -92.0% | -125.7% | -71.7% | -44.2% |
| EBITDA margin | -111.9% | -48.0% | -32.3% | 27.2% | -73.1% | -120.5% | -87.0% | -122.8% | -68.7% | -41.4% |
| Net margin | -49.7% | -49.4% | -35.3% | 23.1% | -74.4% | -120.0% | -91.5% | -124.1% | -71.0% | -44.6% |
| Free cash flow margin | - | - | -27.6% | -92.0% | - | - | -77.6% | - | - | -57.4% |
| FCF / Net income | - | - | 0.78 | -3.99 | - | - | 0.85 | - | - | 1.29 |
| R&D / Revenue | 122.7% | 58.5% | 49.3% | 90.2% | 74.6% | 105.2% | 93.1% | 131.2% | 82.2% | 74.3% |
| SG&A / Revenue | 43.6% | 45.8% | 43.5% | 55.7% | 55.4% | 56.1% | 53.8% | 50.5% | 44.2% | 30.2% |
| Effective tax rate | - | - | - | 5.0% | - | - | - | - | - | - |
| Return on assets | -3.1% | -6.1% | -4.4% | 2.5% | -9.1% | -11.5% | -12.0% | -13.5% | -7.6% | -6.6% |
| Return on equity | -3.6% | -8.3% | -5.9% | 3.8% | -13.5% | -16.4% | -14.2% | -16.7% | -8.9% | -7.7% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 10.42 | 5.49 | 5.79 | 3.32 | 4.04 | 4.85 | 5.61 | 3.75 | 5.50 | 5.81 |
| Quick ratio | 9.91 | 4.88 | 5.09 | 2.77 | 3.38 | 4.10 | 4.68 | 3.09 | 4.63 | 4.92 |
| Cash ratio | 9.28 | 4.25 | 4.23 | 1.90 | 2.56 | 3.34 | 2.69 | 2.56 | 3.85 | 3.78 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.18 | 1.35 | 1.35 | 1.53 | 1.47 | 1.42 | 1.18 | 1.24 | 1.17 | 1.17 |
| Liabilities / Assets | 0.15 | 0.26 | 0.26 | 0.35 | 0.32 | 0.30 | 0.15 | 0.19 | 0.15 | 0.14 |
| Efficiency | ||||||||||
| Asset turnover | 0.06 | 0.12 | 0.12 | 0.11 | 0.12 | 0.10 | 0.13 | 0.11 | 0.11 | 0.15 |
| Inventory turnover | 0.74 | 0.80 | 0.70 | 0.65 | 0.64 | 0.68 | 0.51 | 0.43 | 0.46 | 0.55 |
| Days sales outstanding | 170d | 91d | 92d | 248d | 242d | 193d | 204d | 163d | 197d | 142d |
| Days inventory outstanding | 492d | 456d | 522d | 566d | 569d | 539d | 721d | 857d | 787d | 661d |
| Days payable outstanding | 129d | 149d | 103d | 144d | 101d | 113d | 97d | 199d | 122d | 167d |
| Cash conversion cycle | 533d | 398d | 511d | 669d | 710d | 620d | 828d | 821d | 862d | 636d |
| Valuation | ||||||||||
| P / E | - | - | - | 50.7x | - | - | - | - | - | - |
| P / B | 2.6x | 2.8x | 2.4x | 1.8x | 2.6x | 2.3x | 2.4x | 1.7x | 1.5x | 0.8x |
| P / S | 35.3x | 16.9x | 14.4x | 11.2x | 14.3x | 17.1x | 15.1x | 12.5x | 11.9x | 4.7x |
| EV / EBITDA | - | - | - | 30.4x | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 12.2% | 41.6% | 34.5% | -16.4% | 1.8% | -20.3% | -37.3% | -17.5% | -36.2% | 1.3% |
| Revenue CAGR (3y) | -2.0% | -10.4% | -11.0% | -19.0% | -12.4% | -16.4% | -5.5% | -7.7% | -5.0% | -11.9% |
| Revenue CAGR (5y) | -2.1% | -0.7% | -1.0% | -18.5% | -11.6% | -17.3% | -13.1% | -13.7% | -15.0% | -3.6% |
| Gross profit growth (YoY) | 9.5% | 101.1% | 68.9% | -29.6% | -1.7% | -43.7% | -42.8% | -19.7% | -44.3% | 12.2% |
| Operating income growth (YoY) | -70.3% | 42.9% | - | - | 39.3% | -36.4% | -30.4% | -39.6% | -27.7% | 9.6% |
| Net income growth (YoY) | 25.0% | 41.6% | - | - | 39.0% | -34.6% | -28.5% | -37.2% | -25.6% | 5.5% |
| EPS growth (YoY) | 43.8% | 47.6% | - | - | 38.5% | -31.2% | -31.2% | -30.0% | -23.1% | 5.9% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | 59.7% | 1.0% | - | - | 15.2% | - | - | -9.8% |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 179.4% | 15.8% | 32.4% | -21.5% | -24.4% | -26.6% | -30.0% | -27.8% | -22.7% | -20.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-03-31.
Geographic
$20.52M totalUS$8.15M · 39.7%
CN$5.33M · 26.0%
DE$3.72M · 18.1%
SG$2.01M · 9.8%
Rest Of World$761.0K · 3.7%
NL$554.0K · 2.7%
Peer comparison
Same SIC group: Semiconductors & Related Devices
Comparing GSI TECHNOLOGY INC against the 5 most active filers in the same SIC group.