GSI Technology Inc (GSIT)

Name: GSI Technology Inc Financial Statements
Creator: Quarter Results

Technology | Semiconductors

Latest reporting period: 2025-12-31

Latest Quarter

2025-12-31

Revenue

$6.1M

Net Income

-$3.0M

Operating Margin

-113.7%

Free Cash Flow

-$13.0M

Debt / Assets

34.8%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for GSI Technology Inc (GSIT).
Income Statement (Quarterly)	2025-12-31	2025-09-30	2025-06-30	2025-03-31
Revenue	6,076,000	6,444,000	6,283,000	5,883,000
Cost of Revenue	2,876,000	2,911,000	2,632,000	2,584,000
Gross Profit	3,200,000	3,533,000	3,651,000	3,299,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	2,649,000	2,952,000	2,730,000	2,609,000
Operating Expenses	10,106,000	6,720,000	5,827,000	5,575,000
Operating Income	-6,906,000	-3,187,000	-2,176,000	-2,276,000
Interest Expense	0	0	0	52,000
Income Before Tax	-3,271,000	-3,144,000	-2,163,000	-2,224,000
Income Tax Expense	-251,000	41,000	54,000	6,000
Net Income	-3,020,000	-3,185,000	-2,217,000	-2,230,000
Per Share
EPS	-0.09	-0.11	-0.08	-0.09
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for GSI Technology Inc (GSIT).
Income Statement (Annual)	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31
Revenue	20,518,000	21,765,000	29,691,000	33,384,000	27,729,000
Cost of Revenue	10,378,000	9,942,000	12,010,000	14,847,000	14,512,000
Gross Profit	10,140,000	11,823,000	17,681,000	18,537,000	13,217,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	10,763,000	10,565,000	9,938,000	11,556,000	11,137,000
Operating Expenses	20,975,000	32,254,000	33,488,000	36,228,000	34,481,000
Operating Income	-10,835,000	-20,431,000	-15,807,000	-17,691,000	-21,264,000
Interest Expense	0	0	0	71,000	0
Income Before Tax	-10,509,000	-20,017,000	-15,605,000	-17,751,000	-21,170,000
Income Tax Expense	130,000	70,000	372,000	-45,000	335,000
Net Income	-10,639,000	-20,087,000	-15,977,000	-17,706,000	-21,505,000
Per Share
EPS	-0.42	-0.80	-0.65	-0.73	-0.91
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for GSI Technology Inc (GSIT).
Balance Sheet (Quarterly)	2025-03-31	2024-03-31	2023-03-31	2022-03-31
Assets
Cash and Cash Equivalents	13,434,000	14,429,000	27,212,000	36,971,000
Short Term Investments	0	0	3,363,000	6,992,000
Net Receivables	3,864,000	3,333,000	3,471,000	4,518,000
Inventory	3,891,000	4,977,000	6,415,000	4,655,000
Total Current Assets	23,455,000	30,107,000	41,875,000	54,691,000
Property Plant Equipment	10,355,000	2,701,000	7,423,000	7,359,000
Goodwill and Intangibles	9,301,000	9,534,000	9,768,000	10,001,000
Total Assets	43,317,000	42,464,000	59,876,000	76,422,000
Liabilities
Account Payables	991,000	668,000	1,621,000	1,474,000
Short Term Debt	3,284,000	567,000	413,000	537,000
Total Current Liabilities	7,074,000	5,365,000	7,202,000	8,861,000
Long Term Debt	16,002,000	955,000	238,000	361,000
Total Liabilities	15,091,000	6,494,000	8,504,000	13,309,000
Shareholders Equity
Retained Earnings	-35,205,000	-24,566,000	-4,479,000	11,498,000
Total Shareholders Equity	28,226,000	35,970,000	51,372,000	63,113,000

Balance sheet annual history for GSI Technology Inc (GSIT).
Balance Sheet (Annual)	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31
Assets
Cash and Cash Equivalents	13,434,000	14,429,000	27,212,000	36,971,000	44,234,000
Short Term Investments	0	0	3,363,000	6,992,000	9,717,000
Net Receivables	3,864,000	3,333,000	3,471,000	4,518,000	3,956,000
Inventory	3,891,000	4,977,000	6,415,000	4,655,000	4,343,000
Total Current Assets	23,455,000	30,107,000	41,875,000	54,691,000	63,446,000
Property Plant Equipment	10,355,000	2,701,000	7,423,000	7,359,000	8,005,000
Goodwill and Intangibles	9,301,000	9,534,000	9,768,000	10,001,000	10,234,000
Total Assets	43,317,000	42,464,000	59,876,000	76,422,000	87,612,000
Liabilities
Account Payables	991,000	668,000	1,621,000	1,474,000	1,567,000
Short Term Debt	3,284,000	567,000	413,000	537,000	375,000
Total Current Liabilities	7,074,000	5,365,000	7,202,000	8,861,000	7,462,000
Long Term Debt	16,002,000	955,000	238,000	361,000	324,000
Total Liabilities	15,091,000	6,494,000	8,504,000	13,309,000	12,020,000
Shareholders Equity
Retained Earnings	-35,205,000	-24,566,000	-4,479,000	11,498,000	27,866,000
Total Shareholders Equity	28,226,000	35,970,000	51,372,000	63,113,000	75,592,000

Cash flow quarterly history for GSI Technology Inc (GSIT).
Cash Flow Statement (Quarterly)	2025-03-31	2024-03-31	2023-03-31	2022-03-31
Operating Activities
Net Income	-10,639,000	-20,087,000	-15,977,000	-16,368,000
Depreciation & Amortization	665,000	927,000	1,015,000	1,004,000
Stock Based Compensation	2,262,000	2,838,000	2,469,000	2,993,000
Change in Working Capital	-715,000	-874,000	-3,466,000	-2,260,000
Operating Cash Flow	-12,975,000	-17,350,000	-16,845,000	-13,826,000
Investing Activities
Capital Expenditure	-45,000	-645,000	-316,000	-774,000
Investments	-45,000	-645,000	-316,000	-774,000
Investing Cash Flow	11,347,000	2,760,000	6,684,000	4,195,000
Financing Activities
Debt Repayment	0	0	0	0
Common Stock Issued/Repurchased	633,000	153,000	402,000	2,368,000
Dividends Paid	0	0	0	0
Financing Cash Flow	633,000	1,807,000	402,000	2,368,000
Summary
Free Cash Flow	-13,020,000	-17,995,000	-17,161,000	-14,600,000
Net Change in Cash	-995,000	-12,783,000	-9,759,000	-7,263,000

Cash flow annual history for GSI Technology Inc (GSIT).
Cash Flow Statement (Annual)	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31
Operating Activities
Net Income	-10,639,000	-20,087,000	-15,977,000	-16,368,000	-21,505,000
Depreciation & Amortization	665,000	927,000	1,015,000	1,004,000	1,214,000
Stock Based Compensation	2,262,000	2,838,000	2,469,000	2,993,000	2,854,000
Change in Working Capital	-715,000	-874,000	-3,466,000	-2,260,000	998,000
Operating Cash Flow	-12,975,000	-17,350,000	-16,845,000	-13,826,000	-15,252,000
Investing Activities
Capital Expenditure	-45,000	-645,000	-316,000	-774,000	-203,000
Investments	-45,000	-645,000	-316,000	-774,000	-203,000
Investing Cash Flow	11,347,000	2,760,000	6,684,000	4,195,000	3,287,000
Financing Activities
Debt Repayment	0	0	0	0	0
Common Stock Issued/Repurchased	633,000	153,000	402,000	2,368,000	0
Dividends Paid	0	0	0	0	0
Financing Cash Flow	633,000	1,807,000	402,000	2,368,000	4,693,000
Summary
Free Cash Flow	-13,020,000	-17,995,000	-17,161,000	-14,600,000	-15,455,000
Net Change in Cash	-995,000	-12,783,000	-9,759,000	-7,263,000	-7,272,000