GSI Technology, Inc. (GSIT) Income Statement
GSIT FY2026 at a glance
Fiscal year ended March 31, 2026 · U.S. dollarsGSIT revenue and net income
Where GSIT's revenue goes
FY2026Each bar shows an amount and its share of revenue. GSIT kept −52.7% of revenue as net income.
GSIT profit margins
GSIT growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +22.4% | −5.4% | −2.0% | −7.1% |
| Gross profit | +35.1% | −8.2% | +0.7% | −6.5% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
GSIT quarterly EPS vs estimates
GSI Technology beat the analyst EPS estimate in 0 of the last 2 quarters. Next report: October 29, 2026 (estimate $-0.12).
GSIT income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $25.1M | $20.5M | $21.8M | $29.7M | $33.4M | $27.7M | $43.3M | $51.5M | $42.6M | $48.2M |
| Cost of revenue | $11.4M | $10.4M | $9.9M | $12.0M | $14.8M | $14.5M | $18.0M | $19.9M | $20.2M | $21.8M |
| Gross profit | $13.7M | $10.1M | $11.8M | $17.7M | $18.5M | $13.2M | $25.3M | $31.6M | $22.4M | $26.4M |
| Research & development | $19.9M | $16.0M | $21.7M | $23.6M | $24.7M | $23.3M | $25.2M | $21.4M | $17.0M | $15.8M |
| Sales, general & admin | $11.2M | $10.8M | $10.6M | $9.9M | $11.6M | $11.1M | $10.9M | $10.5M | $9.9M | $11.1M |
| Total operating expenses | $31.2M | $21.0M | $32.3M | $33.5M | $36.2M | $34.5M | $36.1M | $31.8M | $26.9M | $26.9M |
| Operating income | −$17.5M | −$10.8M | −$20.4M | −$15.8M | −$17.7M | −$21.3M | −$10.8M | −$182,000 | −$4.5M | −$527,000 |
| Interest income | $926,000 | $445,000 | $541,000 | $308,000 | $71,000 | $94,000 | $783,000 | $671,000 | $421,000 | $312,000 |
| Interest expense | — | $326,000 | — | $202,000 | $71,000 | $1.3M | $2.1M | $0 | $0 | $0 |
| Income before taxes | −$13.4M | −$10.5M | −$20.0M | −$15.6M | −$17.8M | −$21.2M | −$10.1M | $268,000 | −$4.1M | −$49,000 |
| Income taxes | −$132,000 | $130,000 | $70,000 | $372,000 | −$45,000 | $335,000 | $247,000 | $105,000 | $453,000 | $66,000 |
| Net income | −$13.2M | −$10.6M | −$20.1M | −$16.0M | −$17.7M | −$21.5M | −$10.3M | $163,000 | −$4.5M | −$115,000 |
| EBITDA | −$16.8M | −$16.0M | −$19.5M | −$14.8M | −$16.7M | −$20.1M | −$9.4M | $1.3M | −$3.2M | $1.0M |
| EPS (diluted) | −$0.41 | −$0.42 | −$0.80 | −$0.65 | −$0.64 | −$0.82 | −$0.34 | $0.01 | −$0.12 | $0.07 |
| Gross margin | 54.5% | 49.4% | 54.3% | 59.6% | 55.5% | 47.7% | 58.5% | 61.4% | 52.6% | 54.8% |
| Operating margin | −69.6% | −52.8% | −93.9% | −53.2% | −53.0% | −76.7% | −24.9% | −0.4% | −10.5% | −1.1% |
| Net margin | −52.7% | −51.9% | −92.3% | −53.8% | −53.0% | −77.6% | −23.8% | 0.3% | −10.6% | −0.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.3M | $6.3M | $6.1M | $6.4M | $6.3M | $5.9M | $5.4M | $4.5M | $4.7M | $5.2M | $5.3M | $4.7M |
| Cost of revenue | $2.9M | $3.0M | $2.9M | $2.9M | $2.6M | $2.6M | $2.5M | $2.8M | $2.5M | $2.5M | $2.3M | $2.5M |
| Gross profit | $3.4M | $3.3M | $3.2M | $3.5M | $3.7M | $3.3M | $2.9M | $1.8M | $2.2M | $2.7M | $3.0M | $2.2M |
| Research & development | $5.9M | $5.6M | $7.5M | $3.8M | $3.1M | $3.0M | $4.0M | $4.8M | $4.2M | $4.8M | $7.0M | $4.2M |
| Sales, general & admin | $2.9M | $2.9M | $2.6M | $3.0M | $2.7M | $2.6M | $3.0M | $2.6M | $2.6M | $2.4M | $2.7M | $2.5M |
| Total operating expenses | $8.8M | $8.5M | $10.1M | $6.7M | $5.8M | $5.6M | $7.0M | $7.3M | $1.1M | $7.2M | $9.7M | $1.1M |
| Operating income | −$5.4M | −$5.2M | −$6.9M | −$3.2M | −$2.2M | −$2.3M | −$4.1M | −$5.6M | $1.1M | −$4.5M | −$6.7M | $1.1M |
| Interest income | $520,000 | $455,000 | $298,000 | $107,000 | $66,000 | $64,000 | $132,000 | $162,000 | $88,000 | $117,000 | $150,000 | $71,000 |
| Interest expense | — | — | — | — | — | $52,000 | — | — | — | — | — | — |
| Income before taxes | −$4.9M | −$4.8M | −$3.3M | −$3.1M | −$2.2M | −$2.2M | −$4.0M | −$5.4M | $1.1M | −$4.4M | −$6.5M | $1.1M |
| Income taxes | −$76,000 | $24,000 | −$251,000 | $41,000 | $54,000 | $6,000 | $44,000 | $23,000 | $57,000 | −$85,000 | $71,000 | $57,000 |
| Net income | −$4.8M | −$4.8M | −$3.0M | −$3.2M | −$2.2M | −$2.2M | −$4.0M | −$5.5M | $1.1M | −$4.3M | −$6.6M | $1.1M |
| EBITDA | −$4.7M | −$5.0M | −$3.1M | −$3.0M | −$2.0M | −$2.1M | −$4.0M | −$5.4M | −$4.5M | −$4.2M | −$6.5M | −$4.3M |
| EPS (diluted) | −$0.13 | −$0.13 | −$0.09 | −$0.11 | −$0.08 | −$0.09 | −$0.16 | −$0.21 | $0.04 | −$0.17 | −$0.26 | −$0.16 |
| Gross margin | 53.4% | 52.4% | 52.7% | 54.8% | 58.1% | 56.1% | 54.0% | 38.6% | 46.3% | 51.6% | 55.9% | 46.3% |
| Operating margin | −85.3% | −82.4% | −113.7% | −49.5% | −34.6% | −38.7% | −74.9% | −122.7% | 23.1% | −87.6% | −125.7% | 23.1% |
| Net margin | −75.9% | −76.3% | −49.7% | −49.4% | −35.3% | −37.9% | −74.4% | −120.0% | 23.1% | −83.9% | −124.1% | 23.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in GSIT's financial statements (latest annual report filed June 5, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
GSIT financial results
In fiscal year 2026 (ended March 31, 2026), GSI Technology reported revenue of $25.1 million, up 22.4% from the year before. It had a net loss of $13.2 million, a net profit margin of −52.7%. Diluted earnings per share came to −$0.41. Over five years revenue grew at an average rate of −2.0% a year.
See the GSIT stock overview for the latest quote and news, or the GSIT chart for price history and technical indicators.
GSIT income statement FAQ
What is GSI Technology's annual revenue?
GSI Technology reported total revenue of $25.1 million for fiscal year 2026, which ended on March 31, 2026. That was up 22.4% from $20.5 million the previous year.
Is GSI Technology profitable?
No. GSI Technology reported a net loss of $13.2 million in fiscal 2026, a net profit margin of −52.7%; its operating margin was −69.6%.
What is GSI Technology's gross margin?
GSI Technology's gross margin was 54.5% in fiscal 2026: for every $100 of revenue, GSI Technology kept $55 after the direct cost of its products and services.
How much does GSI Technology spend on research and development?
GSI Technology spent $19.9 million on research and development in fiscal 2026, 79.4% of revenue.
How fast is GSI Technology growing?
Revenue grew −2.0% a year on average over the last five fiscal years, from $27.7 million to $25.1 million.
What are GSI Technology's earnings per share?
GSI Technology earned $-0.41 per diluted share in fiscal 2026, compared with $-0.42 a year earlier.
When will GSI Technology report its next earnings?
GSI Technology is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 after the market closes.
When does GSI Technology's fiscal year end?
GSI Technology's fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on June 5, 2026.