# GSI Technology Inc. (GSIT)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $252M  
**Price:** $7.93 (+8.78%)

> GSI Technology Inc. designs, develops, and markets semiconductor memory solutions for networking, industrial, test equipment, medical, aerospace, and military customers worldwide. The company specializes in static random-access memory (SRAM) products, including SyncBurst, NBT, SigmaQuad, and SigmaDDR variants, known for high density, high transaction rates, high data bandwidth, low latency, and low power consumption. It also offers radiation-hardened and radiation-tolerant SRAMs suited for extreme environments in military/defense and aerospace applications, such as radar, guidance systems, satellites, and missiles. GSI Technology Inc. innovates with associative processing unit (APU) products like Gemini-I and Gemini-II, enabling efficient similarity search for applications in e-commerce visual queries, computer vision, drug discovery, cyber security, and edge AI computing in drones, robotics, and defense. These products serve as components in routers, switches, telecommunications equipment, automotive smart systems, ultrasound and CAT scan devices, and audio/video processing. The company markets through independent sales representatives and distributors. Founded in 1995 and headquartered in Sunnyvale, California, GSI Technology Inc. plays a key role in high-performance computing and AI edge solutions.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $25M | $14M | -$17M | -$13M | $-0.42 |
| 2025 | $21M | $10M | -$11M | -$11M | $-0.42 |
| 2024 | $22M | $12M | -$20M | -$20M | $-0.80 |
| 2023 | $30M | $18M | -$16M | -$16M | $-0.65 |
| 2022 | $33M | $19M | -$16M | -$16M | $-0.67 |
| 2021 | $28M | $13M | -$21M | -$22M | $-0.91 |
| 2020 | $43M | $25M | -$11M | -$10M | $-0.45 |
| 2019 | $51M | $32M | -$182,000 | $163,000 | $0.01 |
| 2018 | $43M | $22M | -$4M | -$5M | $-0.21 |
| 2017 | $48M | $26M | -$527,000 | -$115,000 | $-0.01 |
| 2016 | $53M | $27M | -$3M | -$2M | $-0.10 |
| 2015 | $53M | $25M | -$6M | -$5M | $-0.20 |
| 2014 | $59M | $26M | -$6M | -$6M | $-0.23 |
| 2013 | $66M | $29M | $3M | $4M | $0.14 |
| 2012 | $83M | $37M | $7M | $7M | $0.23 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2026 | $98M | $16M | $82M | $67M | — |
| 2025 | $43M | $15M | $28M | $13M | — |
| 2024 | $42M | $6M | $36M | $14M | — |
| 2023 | $60M | $9M | $51M | $27M | — |
| 2022 | $76M | $12M | $64M | $37M | — |
| 2021 | $88M | $12M | $76M | $44M | — |
| 2020 | $103M | $13M | $90M | $52M | — |
| 2019 | $106M | $13M | $93M | $42M | — |
| 2018 | $100M | $13M | $87M | $40M | — |
| 2017 | $103M | $16M | $86M | $34M | — |
| 2016 | $107M | $17M | $90M | $32M | — |
| 2015 | $109M | $12M | $96M | $37M | — |
| 2014 | $142M | $13M | $128M | $42M | — |
| 2013 | $146M | $14M | $132M | $41M | — |
| 2012 | $143M | $14M | $129M | $32M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2026 | -$16M | $486,000 | -$16M |
| 2025 | -$13M | $45,000 | -$13M |
| 2024 | -$17M | $645,000 | -$18M |
| 2023 | -$17M | $316,000 | -$17M |
| 2022 | -$14M | $774,000 | -$15M |
| 2021 | -$15M | $203,000 | -$15M |
| 2020 | -$5M | $331,000 | -$5M |
| 2019 | $3M | $2M | $916,000 |
| 2018 | $1M | $1M | -$255,000 |
| 2017 | $2M | $219,000 | $2M |
| 2016 | $460,000 | $1M | -$698,000 |
| 2015 | $1M | $481,000 | $640,000 |
| 2014 | $8M | $761,000 | $8M |
| 2013 | $15M | $385,000 | $14M |
| 2012 | $17M | $2M | $15M |

Source: [CompaniesByCap](https://companiesbycap.com/company/GSIT)