GSI Technology, Inc. (GSIT) Stock

GSI Technology, Inc. (GSIT) is a Technology stock trading at $5.96 (as of 2026-08-20), with a market capitalization of $230.21M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

GSI Technology, Inc. designs, develops, and markets semiconductor memory products, including an associative processing unit and various SRAM and DRAM solutions. Its customers include companies in networking, industrial, medical, aerospace, and military sectors, with markets served in the United States, China, Singapore, Germany, the Netherlands, and internationally.

Understand GSI Technology, Inc.: how it makes money

GSI Technology, Inc. designs and markets semiconductor memory solutions, including SRAM and associative processing unit products, for networking and other industrial, medical, aerospace, and military customers, and it generates revenue by selling these memory products to customers and end markets.

Even with a 52.7% gross margin, the operating margin is -113.7%, so the profit model depends on scaling revenue enough to cover operating costs rather than on gross profit alone.

Revenue by segment (latest quarter)
NetRev$0.0B

Business quality (Weak): Clear product focus and a positive gross margin, but very weak operating profitability in the provided period, with limited disclosed revenue detail versus a heavy cost structure.

Bull case

  • Positive gross profitability: Gross margin is 52.7%, indicating the company generates gross profit on its memory products even though operating results are still loss-making.
  • Demand mix includes defense and military: Defense and military sales are 46.0% of shipments (per the operating KPI), suggesting a meaningful share of shipment demand comes from that end market.

Bear case

  • Operating losses are large: Operating margin is -113.7%, showing operating expenses far exceed the gross profit produced in the provided period.
  • Revenue appears very small in the provided financial snapshot: Revenue is shown as 0.0B for the period, and segment revenue candidates indicate near-zero revenues for several specific customer categories (0.0B each).
Valuation — source: SEC EDGAR (first-party)
Price$5.96
Market Cap$230.21M
EV / EBITDA-7.6
Price / Book2.50
Price / Sales9.15
FCF Yield-8.2%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$25.12M
Net Margin-52.7%
Return on Equity-17.2%
Current Ratio9.16
Revenue Growth (YoY)0.5%
EPS Growth (YoY)62.5%
FCF Growth (YoY)143.3%
Financial Health — source: SEC EDGAR
Altman Z-Score8.28 (safe)
Valuation vs Sector & Industry
Sector P/E (Technology)33.9
Industry P/E (Electronic Equipment)39.4
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($9.02M)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryElectronic Equipment
CEOLee-Lean Shu
Employees148
CountryUS
IPO Date2007-03-29

Related Companies (Business model: Fabless Semiconductors; 8 closest by market cap; US-domiciled)

  • Array Technologies, Inc. (ARRY)
  • NVE Corporation (NVEC)
  • Everspin Technologies, Inc. (MRAM)
  • Aeluma, Inc. (ALMU)
  • QuickLogic Corporation (QUIK)
  • Atomera Incorporated (ATOM)
  • GCT Semiconductor Holding, Inc. (GCTS)
  • Tigo Energy, Inc. (TYGO)
GSIT earnings history · GSIT institutional & insider holders · GSIT KPIs & operating metrics · GSIT financials · GSIT investor presentations & press releases · GSIT SEC filings · GSIT peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.