GSIT
GSI Technology, Inc.5.43
+0.08+1.5%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q3 '26
Light Q&A bolsters defense pipeline
Q&A was light, with one analyst pressing on Gemini II's defense role and commercial potential; Lasserre reaffirmed it as the early beachhead, citing SBIR wins with Air Force, Space Development Agency, and Army, plus a SAR board eval underway. POC efforts with G2 Tech extend to smart cities and robotics. Management detailed an ongoing non-dilutive funding pipeline via SBIRs and BAAs for 2026 exposure. No walk-backs, just color on pursuits. Defense momentum drives the thesis. Watch SBIR awards.
Key Stats
Market Cap
191.36MP/E (TTM)
-Basic EPS (TTM)
-0.44Dividend Yield
0%Recent Filings
8-K
Ends strategic review, goes solo
GSI Technology's board ended its strategic alternatives review on March 18, 2026, opting to pursue its standalone plan. Bolstered by the October 2025 capital raise, the company will prioritize commercializing high-performance memory and compute solutions while advancing customer programs. No deal emerged. Risks include execution challenges and unchosen paths.
10-Q
Q3 FY2026 results
GSI Technology posted Q3 FY2026 revenue of $6.1M, up 12% y/y from $5.4M yet flat q/q, with gross margin dipping to 52.7% from 54.0%; operating loss widened to $6.9M from $4.1M on $3.2M Plato IP spend, offset by $1.0M government funding. Net loss narrowed to $3.0M or $(0.09) diluted EPS from $4.0M or $(0.16), reconciling to 34.5M shares (anti-dilution flagged). Cash swelled to $70.7M on $50M registered direct plus warrants (fully exercised). No debt. Customer concentration risks loom large.
8-K
Q3 revenue up 12%, cash jumps
GSI Technology posted Q3 FY2026 revenue of $6.1 million, up 12% year-over-year on SRAM demand, yet swung to a $6.9 million operating loss from ramped R&D spending. Cash soared to $70.7 million post-October offering. Q4 outlook: $5.7-6.5 million revenue, 54-56% gross margin. Benchmarks tout Gemini-II's edge efficiency.
10-Q
Q1 FY2026 results
GSI Technology posted Q1 FY2026 revenue of $6.4M, up 42% y/y from $4.6M, with gross profit doubling to $3.5M at 54.8% margin versus 38.6%. Operating loss narrowed to $3.2M from $5.6M y/y as R&D fell 21% to $3.8M, aided by $279K government funding. YTD revenue hit $12.7M, up 38% y/y, but net loss widened to $5.4M from $4.4M due to no repeat of prior $5.7M sale-leaseback gain; diluted EPS of -$0.19 reconciles to 28.3M shares. Cash swelled to $25.3M (no debt) via $14.3M ATM equity raise, despite $2.6M operating cash burn; October direct offering added ~$50M gross. Customer concentration persists.
8-K
Q2 revenue up 42%, $50M funding
GSI Technology posted Q2 FY2026 revenue of $6.4 million, up 42% year-over-year on SRAM demand, with gross margin at 54.8% despite product mix shift. Cash swelled to $25.3 million; post-quarter, it closed a $50 million direct offering to finish Gemini-II and start Plato chip. Q3 guide: $6.0-6.8 million revenue. Funding fuels AI edge push.
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