GSITNasdaqSemiconductors & Related DevicesFiscal year ends March 31
GSI TECHNOLOGY INC
Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 11, 2026
$4.06+0.04 (+1.00%)
Close on Oct 19, 2026
- Market cap
- $151.62M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
54.5%+6.8 pts over 5 years
Operating margin
-69.6%+7.1 pts over 5 years
Net margin
-52.7%+24.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +22.4% | -5.4% | -2.0% | -7.1% | |
| Gross profit | +35.1% | -8.2% | +0.7% | -6.5% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | -0.1% | -26.0% | -24.1% | |
| Return on assets | -0.1% | -22.6% | -18.8% | |
| Current ratio | 6.52 | 8.50 | 8.61 | |
| Inventory turnover | 2.7× | 3.4× | 2.9× | |
| Capex to revenue | 0.5% | 0.7% | 1.9% | |
| Diluted shares | 21M | 24M | 32M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Gsi Technology generated $76.92M from operations and spent $2.27M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$76.92M
Used
$2.27M
Capital expenditure$2.27M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-52.7%
×Asset turnover0.36×
×Equity multiplier1.28×
=Return on equity, FY2026-24.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | -52.7% | 0.36× | 1.28× | -24.1% |
| FY2025 | -51.9% | 0.48× | 1.34× | -33.1% |
| FY2024 | -92.3% | 0.43× | 1.17× | -46.0% |
| FY2023 | -53.8% | 0.44× | 1.18× | -27.6% |
| FY2022 | -49.0% | 0.41× | 1.17× | -23.4% |
| FY2021 | -77.6% | 0.29× | 1.15× | -26.0% |
| FY2020 | -23.8% | 0.42× | 1.14× | -11.3% |
| FY2019 | 0.3% | 0.50× | 1.14× | 0.2% |
| FY2018 | -10.6% | 0.42× | 1.17× | -5.2% |
| FY2017 | -0.2% | 0.46× | 1.19× | -0.1% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
3of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero-$13.25M
- Cash generatingOperating cash flow above zero-$15.92M
- Return on assets improvedROA up on the prior year-25.1% → -30.6%
- Earnings backed by cashOperating cash flow above net income-$15.92M vs -$13.25M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose3.32 → 8.61
- No dilutionShare count did not rise25M → 32M
- Gross margin improvedGross margin up on the prior year49.42% → 54.51%
- More efficientAsset turnover rose0.48 → 0.58