GSI Technology, Inc.

GSIT Technology Semiconductors

GSI Technology, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $25.1 million, up 22.4% from fiscal 2025.

Revenue
−6.60%
EPS
−63.6%
Free cash flow
−795.6%

Quarter to September 2026, against a year earlier

3.02 0.18 −5.63%
Market cap
$123.0M
P/E
0.0×
Fwd P/E
−7.3×
Dividend yield
—
F-score
4/9
Altman Z
5.90
Beneish M
−2.18
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 6.69
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — 4 — 9 2 — — — — —
Insider Ownership 14.01%

Capital & Financial Ratios $m

Size
Market Cap 122.98
Revenue ttm 24.73
Net income ttm (19.66)
Free cash flow ttm (26.10)
Net debt Q (69.19)
Valuation
P/E 0.00
Forward P/E (7.33) (negative: loss-making)
Price / sales 4.70
Forward P/S Powerpack
Price / FCF 0.00
Price / book 1.35
Financial health
Current ratio Q 10.00 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q —
Growth
Revenue growth Q −6.60% (below 0%: shrinking)
Operating income growth Q −133.29% (below 0%: shrinking)
EPS, this year —
EPS, next year A —
Revenue, next year A −0.88% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +10.00%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 80.90%
10-year low 10-year high
P/B against its own 10 years 18.37%
10-year low 10-year high
EV/Sales against its own 10 years 31.23%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 14 13 67 69
Receivables 3 3 4 4
Inventory 5 4 4 5
Other 6 — — —
30 23 79 82
2024 2025 2026 Q'26
Payables 1 1 4 3
ST’ Debt — — — —
Other — — — —
5 7 9 8

Compound Annual Growth %

10y 5y 3y
Sales (7.15%) (1.96%) (5.42%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value (0.94%) 1.58% 16.75%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Jun Sep Dec Mar Year
’26 (0.13) (0.18) — — —
’26 (0.08) (0.11) (0.09) (0.13) (0.42)
’25 0.04 (0.21) (0.16) (0.09) (0.42)
’24 (0.21) (0.16) (0.26) (0.17) (0.80)
’23 (0.16) (0.13) (0.20) (0.16) (0.65)
’22 (0.17) (0.19) (0.19) (0.12) (0.73)
’21 (0.26) (0.22) (0.22) (0.21) (0.91)
Fiscal quarters ending in the months shown.

Revenue $m

Jun Sep Dec Mar Year
’26 6 6 — — —
’26 6 6 6 6 25
’25 5 5 5 6 21
’24 6 6 5 5 22
’23 9 9 6 5 30
’22 9 8 8 9 33
’21 7 7 7 8 28
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Jun Sep Dec Mar Year
’26 (4) (8) — — —
’26 (2) (1) (8) (5) (16)
’25 (4) (3) (4) (2) (13)
’24 (4) (3) (4) (7) (17)
’23 (5) (3) (4) (5) (17)
’22 (5) (3) (3) (4) (14)
’21 (4) (5) (3) (4) (15)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Jun Sep Dec Mar Year
’26 (4) (8) — — —
’26 (2) (1) (8) (6) (16)
’25 7 (3) (4) (2) (2)
’24 (4) (3) (4) (7) (18)
’23 (5) (3) (4) (5) (17)
’22 (5) (3) (3) (4) (15)
’21 (4) (5) (3) (4) (15)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to March

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 TTM Sep ’26 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 48 43 51 43 28 33 30 22 21 25 25 (7.0%) 25 28 52 +27.2%
Gross margin, % 54.83 52.59 61.43 58.47 47.66 55.53 59.55 54.32 49.42 54.51 51.76 (0.3) pt
EBT 0 (4) 0 (10) (21) (16) (16) (20) (11) (13) (20) +86.5%
EBT margin, % (0.10) (9.53) 0.52 (23.28) (76.35) (49.16) (52.56) (91.97) (51.22) (53.25) (80.10) (53.1) pt
Net income 0 (5) 0 (10) (22) (16) (16) (20) (11) (13) (20) +69.5%
Per share, $
Per share, $ Revenue 2.33 2.02 2.35 1.89 1.17 1.37 1.21 0.87 0.80 0.79 0.64 (11.3%)
Earnings (0.01) (0.21) 0.01 (0.45) (0.91) (0.73) (0.65) (0.80) (0.42) (0.42) (0.53) +61.6%
Cash flow 0.10 0.05 0.14 (0.20) (0.64) (0.57) (0.68) (0.69) (0.51) (0.50) (0.65) n/m
Capex (0.01) (0.06) (0.10) (0.01) (0.01) (0.03) (0.01) (0.03) 0.45 (0.02) (0.02) +4.2%
Free cash flow 0.09 (0.01) 0.04 (0.22) (0.65) (0.60) (0.70) (0.72) (0.06) (0.52) (0.68) n/m
Book value 4.19 4.12 4.26 3.90 3.19 2.65 2.09 1.43 1.11 2.57 2.24 (5.3%)
Shares, m 21 21 22 23 24 24 25 25 25 32 36 +4.9%
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
P/S 3.73 3.56 3.33 3.69 5.71 2.79 1.42 3.95 2.52 6.51 4.70 3.7
P/B 2.08 1.75 1.84 1.78 2.09 1.44 0.82 2.39 1.83 2.00 1.35 1.8
EV/Sales 2.69 2.19 2.13 2.15 3.77 1.47 0.40 3.29 1.87 3.84 1.90 2.4
EV/FCF 70.74 (365.63) 119.83 (18.61) (6.76) (3.36) (0.68) (3.98) (23.54) (5.88) (1.80) (23.8)
Cash, $m
Cash, $m Operating cash flow 2 1 3 (5) (15) (14) (17) (17) (13) (16) (25) n/m
Capex 0 (1) (2) 0 0 (1) 0 (1) 11 0 (1) +9.3%
Free cash flow 2 0 1 (5) (15) (15) (17) (18) (2) (16) (26) n/m
Balance, $m
Balance, $m Working capital 58 64 69 71 56 46 35 25 16 70 74 +2.1%
Net debt (50) (58) (62) (67) (54) (44) (31) (14) (13) (67) (69) +3.4%
Shareholders’ equity 86 87 93 90 76 64 51 36 28 82 86 (0.6%)
Returns, %
Returns, % ROA (0.11) (4.47) 0.16 (9.90) (22.62) (19.96) (23.44) (39.26) (24.81) (18.75) (25.62) (18.6) pt
ROIC (0.90) (9.82) (0.36) (29.26) (61.41) (49.89) (47.50) (59.28) (45.78) (75.08) (91.49) (74.2) pt
ROE (0.13) (5.21) 0.18 (11.31) (26.03) (23.38) (27.59) (46.00) (33.15) (24.09) (31.51) (24.0) pt
People
People Employees 156 157 166 166 178 180 156 148 121 125 — (2.4%)
Revenue/emp, $m 0.31 0.27 0.31 0.26 0.16 0.19 0.19 0.15 0.17 0.20 — (4.7%)
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Mar 2026 · latest quarter Sep 2026 · fundamentals updated 6 Nov 2026

GSI Technology, Inc. vs peers in Semiconductors (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
INDI indie Semiconductor, Inc. $314.1M — (loss-making) — (loss-making) +23.97% (above 0%: growing) n/m −134.86% (below 0%: shrinking) 36.07% (54.81%) Compare
LAES SEALSQ Corp. $284.0M — — — — −417.61% (below 0%: shrinking) — — Compare
MRAM EVERSPIN TECH $262.0M — (loss-making) — (loss-making) +41.93% (above 0%: growing) n/m −165.66% (below 0%: shrinking) 53.89% (23.39%) Compare
VLN Valens Semiconductor, Ltd. $147.3M — (loss-making) — (loss-making) +6.13% (above 0%: growing) n/m −1,024.55% (below 0%: shrinking) 61.52% (43.89%) Compare
QUIK QuickLogic Corporation $134.5M — (loss-making) — (loss-making) +48.68% (above 0%: growing) n/m +194.21% (above 0%: growing) 43.91% (31.32%) Compare
GSIT GSI Technology, Inc. $123.0M — (loss-making) — (loss-making) +0.46% (above 0%: growing) n/m −143.28% (below 0%: shrinking) 53.37% (85.31%)
ALMU Aeluma, Inc. $115.9M — (loss-making) — (loss-making) −55.81% (below 0%: shrinking) n/m −1,197.87% (below 0%: shrinking) 25.60% (751.20%) Compare
GCTS GCT Semiconductor Holding, Inc. $95.7M — (loss-making) — (loss-making) −17.85% (below 0%: shrinking) n/m −93.34% (below 0%: shrinking) (23.27%) (763.65%) Compare
MX Magnachip Semiconductor Corp. $78.0M — (loss-making) — (loss-making) −6.13% (below 0%: shrinking) n/m +84.00% (above 0%: growing) 19.35% (22.32%) Compare
Median of peers $140.9M — — +6.13% — −150.26% 36.07% (43.89%)

All 68 Semiconductors stocks →

Pay and ownership Proxy statement filed 16 July 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2026 1.99m 3.12m 299.00
2025 569.17k 234.31k 118.00
2024 873.64k 1.75m 198.00

Ownership

Directors and executive officers, together 16.60%
Lee-Lean Shu 9.00%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

GSI Technology, Inc. (GSIT) Latest News

6 Nov

Impact 3 · · The Motley Fool transcript

8 May

7 May

Impact 4 · · MarketBeat
Impact 4 · · The Motley Fool transcript

18 Mar

Impact 4 · · GlobeNewswire

29 Jan

Impact 4 · · GlobeNewswire earnings
Impact 3 · · MarketBeat transcript
Impact 3 · · Associated Press FinanceAssociated Press FinanceAssociated Press FinanceAssociated Press FinanceAssociated Press FinanceAssociated Press FinanceAssociated Press FinanceSimply Wall St.
stockrow.com/GSIT · Data as of Nov 6, 2026 · For information only; not investment advice. · © 2026 stockrow.com