Quarterly ResultMay 7, 2026, 04:08 PM
GSI Technology FY26 Revenue +22% to $25.1M; Q4 Revenue +7.4%
AI Summary
GSI Technology reported a 22% increase in fiscal year 2026 revenue to $25.1 million, driven by strong SRAM sales, and an expanded gross margin of 54.5%. For the fourth quarter, revenue rose 7.4% to $6.3 million, though the company posted a net loss of $(4.8) million. The company secured a ~$2 million U.S. Army SBIR contract and a Phase I smart city project, advancing its Gemini-II commercialization efforts. GSI ended the fiscal year with a strong cash balance of $67.2 million and no debt, while forecasting Q1 FY27 revenues between $5.9 million and $6.7 million.
Key Highlights
- GSI Technology's Fiscal Year 2026 revenue increased 22% to $25.1 million from $20.5 million in FY25.
- Fiscal Year 2026 gross margin expanded to 54.5% from 49.4% in FY25.
- Fourth Quarter Fiscal Year 2026 revenue rose 7.4% to $6.3 million from $5.9 million in Q4 FY25.
- Fourth Quarter Fiscal Year 2026 net loss was $(4.8) million, or $(0.13) per diluted share.
- Fiscal Year 2026 net loss was $(13.2) million, or $(0.42) per diluted share.
- Cash and cash equivalents stood at $67.2 million as of March 31, 2026, with no debt.
- Secured a ~$2 million U.S. Army SBIR contract and a Phase I smart city project.
- Forecasts Q1 Fiscal Year 2027 net revenues of $5.9 million to $6.7 million, with gross margin of 54% to 56%.