Company Analysis

GSI Technology (GSIT)

Nasdaq: GSIT · Semiconductors & Related Devices · Sunnyvale, CA · filing with the SEC since 2004
Grade4.3
◀ Past 2.7● Present 4.0▶ Future 6.4
1 est.

The grade of GSI Technology

Nine metrics read from its own filings, by tense
Headline grade
4.3/10
◀ Past2.730% of the headline
● Present4.040% of the headline
▶ Future6.430% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

2.7/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
4.6/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2017-09-14.

weight 33% of this tense · 46th percentile among 99 sector filers · read for itself

From the record

GSI Technology's filings since 2017 show 1 warning event: an auditor change (8-K item 4.01, the latest 2017-09-14) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
1.3/10

What has it actually done, year after year?

-7% a year over 10 filed years; profitable in 1 of 10.

weight 45% of this tense · 13th percentile among 93 sector filers · read for its customers

From the record

GSI Technology's 10 filed years say what it did: revenue went from $48 million in fiscal 2017 to $25 million in fiscal 2026, down 7% a year; it rose in 3 of 9 years; the deepest fall was 60% from fiscal 2019 to fiscal 2025; net income was positive in 1 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-7.0%bottom 6% of its family
  • the share of years revenue rosebottom 5% of its family
  • the share of filed years with a profitbottom 20% of its family
  • the deepest fall from a revenue peak60.1%bottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
2.8/10

How has it treated the people who own it?

SI estimate 2.8/10, confidence 35 of 100 (one part).

weight 22% of this tense · 28th percentile among 94 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 28% of 94 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 94 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: GSI Technology's shareholder treatment is put at 2.8 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 28% of 94 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.0/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
3.7/10

Is it financially healthy right now?

ROE -16%: lost 16¢ per shareholder dollar. Leverage 17%: owes 17¢ per asset dollar.

weight 45% of this tense · 37th percentile among 95 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-03-31, GSI Technology lost about 16 cents for every dollar of shareholders' money, and gross profitability: its products earned about 14 cents per dollar of everything the company owns. Leverage: it owed about 17 cents per dollar of assets, and net share issuance: its share count grew 24.9% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 21% of its family
  • return on equitybottom 19% of its family
  • gross profit against assetsbottom 34% of its family
  • the share count against the year beforebottom 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
2.3/10

How strong is its position in its industry?

bottom 22% of 97 in its family; net margin -52.7%.

weight 33% of this tense · 22nd percentile among 97 sector filers · read for its customers

From the record

GSI Technology's standing among 97 graded names in its industry family: revenue of $25 million in fiscal 2026 ranks in the bottom 14% by size; a net margin of -52.7% ranks in the bottom 17%; revenue growth of -5.4% a year over the last 3 filed years ranks in the bottom 37% (its annual reports).

What it rests on

  • revenue against the family$25.1Mbottom 14% of its family
  • net margin-52.7%bottom 17% of its family
  • three-year revenue growth-5.4%bottom 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
7.4/10

What are the people in charge doing?

top 26% of 67 in its family for leadership; chief executive since 2007.

weight 22% of this tense · 74th percentile among 67 sector filers · read for its shareholders

From the record

GSI Technology's leadership, from its insiders' filings and its current reports: the chief executive on the record is Shu, Lee-Lean (Pres., CEO and Chairman, as filed), filing under that title since 2007-03-28, 19.6 years (top 2% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 18.9 years (top 2%); 9 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (bottom 27%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge9 in three years among 12 peoplebottom 27% of its family
  • the median years the people in charge have filed18.9 yearstop 2% of its family
  • the chief executive's years on the record19.6 yearstop 2% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.4/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.8/10

How much room does it have to grow?

top 32% of 94 in its family for room to expand.

weight 45% of this tense · 68th percentile among 94 sector filers · read for itself

From the record

GSI Technology's room to grow, from the newest filed statements (fiscal 2026): cash of $67 million against no long-term debt tagged leaves 68.6% of its assets as net cash, top 5% of its family; cash from operations less capital spending is -65.3% of revenue (bottom 15%); a gross margin of 54.5% (top 28%); research spending of 79.4% of revenue (top 12%) (its annual report).

What it rests on

  • cash less debt against assets68.6%top 5% of its family
  • cash from operations less capital spending against revenue-65.3%bottom 15% of its family
  • gross margin54.5%top 28% of its family
  • research spending against revenue79.4%top 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.4/10

What could actually drive growth from here?

top 46% of 93 in its family for growth drivers.

weight 33% of this tense · 54th percentile among 93 sector filers · read for its customers

From the record

GSI Technology's growth drivers, from the filed years to fiscal 2026: revenue grew -5.4% a year over the last three filed years against -7% over all 10, speeding up (top 23% of its family); the newest year grew 22.5% (top 38%); research spending grew -5.4% a year (bottom 16%); capital spending grew 15.4% a year (top 39%) (its annual reports). GSI Technology tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+1.6 points a yeartop 23% of its family
  • the newest year's revenue growth22.5%top 38% of its family
  • three-year growth of research spending-5.4%bottom 16% of its family
  • three-year growth of capital spending15.4%top 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.1/10

Did its newest year beat what its own record pointed to?

top 29% of 88 in its family for expectations against reality.

weight 22% of this tense · 71st percentile among 88 sector filers · read for its shareholders

From the record

GSI Technology's newest year against its own record: revenue of $25 million in fiscal 2026 came in 47.3% above the $17 million its prior three years' pace pointed to (top 23% of its family); net income of $13 million against a prior three-year average of $16 million (top 38%); a net margin of -52.7% against -66% before (top 27%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace47.3%top 23% of its family
  • net income against the prior three years' average+15%top 38% of its family
  • net margin against its prior average+13.3 pointstop 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton GSIT · research, not advice