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MARKETS / NASDAQ / GSIT
NASDAQ · SEMICONDUCTORS & RELATED DEVICES · SMALL CAP

GSI Technology Inc. GSIT

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$25.1M
▲ 22.4% YoY
$-13.2M
$-16.4M
In brief

What this company does

We operate under a fabless manufacturing model and are headquartered in Sunnyvale, California, with additional operations in Taiwan and Israel. We changed our name to GSI Technology in December 2003 and reincorporated in Delaware in June 2004 under the name GSI Technology, Inc. We offer what we believe is the broadest portfolio of high-density, high-performance synchronous SRAM products in the market. These products are used in test and measurement equipment, high-performance networking and telecommunications infrastructure, and military/defense and aerospace applications. Our existing and potential competitors include many large domestic and international companies, some of which have substantially greater resources, offer other types of memory and/or non-memory technologies and may have longer standing relationships with OEM customers than we do. As of March 31, 2026, we had 125 full-time employees, including 90 engineers, of which 56 are engaged in research and development and 40 have PhD or MS degrees, 11 employees in sales and marketing, 9 employees in general and administrative capacities and 49 employees in manufacturing. Lee-Lean Shu co-founded our company in March 1995 and has served as our President and Chief Executive Officer and as a member of our Board of Directors since inception.

Written from the business description in GSI Technology, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 5 June 2026. Every sentence was checked against that document before publication.

Growth
USD 25.1M
Revenue, FY2025 · full 17-year series below
Revenue $M Net income $M
FY2025 · Revenue 25.1 · Net income -13.2
40M80M-8M-16M200920112013201520172019202120232025
Compound annual growth
−5.4%
−2.0%
−7.1%
−8.7%
−75.5%
−48.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −2.0% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−53 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -69.6% · Net -52.7%
10%20%-50%200920112013201520172019202120232025
ROE
FY2025 · ROE -24.1%
5%10%15%-20%-40%200920112013201520172019202120232025

Each USD of equity lost 24 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -16.4
8M-8M-16M200920112013201520172019202120232025
Net buybacks $M Dividends $M
FY2018 · Dividends — · Net buybacks 0.1
20M200920102011201220132014201520162018

Total assetsUSD 98.0M
EquityUSD 81.8M
CashUSD 67.2M
Current ratio8.61×

Equity funds 83% of total assets.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B0.00.00.00.00.00.00.00.10.00.00.10.10.10.10.10.10.1
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.00.00.00.0
EBITDA $B−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0−0.00.0−0.0−0.0−0.00.00.00.00.0
Income tax $B−0.00.00.00.0−0.00.00.00.00.00.0−0.0−0.00.00.00.00.00.0
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0−0.0−0.0−0.0−0.0−0.00.00.00.00.0
Free cash flow $B−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0−0.00.0−0.00.00.00.00.00.00.0
EPS, diluted $−0.42−0.42−0.80−0.65−0.67−0.91−0.450.01−0.21−0.01−0.10−0.20−0.230.140.230.640.38
Dividend / sh $·················
Payout %·················
ROE %−24.1−33.1−46.0−27.6−23.4−26.0−11.30.2−5.2−0.1−2.3−4.4−4.82.95.316.910.5
Shares out B0.040.030.030.020.020.020.020.020.020.020.020.020.030.030.030.03·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 83 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 12 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivitySemiconductors & Related Devices
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsMarch 31
SEC categorysmaller reporting company
Data on record since2009

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