GSI Technology (GSIT) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

GSI Technology

NasdaqGS•Technology•Semiconductors

$5.35+0.02(<0.01%)Market closed

Market Cap

$179.63M

P/S

7.1x

P/B

2.0x

GSI Technology, Inc. designs, develops, and markets semiconductor memory solutions for networking, industrial, test equipment, medical, aerospace, and military customers in the United States, China, Singapore, Germany, the Netherlands, and internationally. It offers associative processing unit products, which focus on applications using similarity search in visual search queries for e-commerce, computer vision, drug discovery, cybersecurity, and service markets. The company also provides static random-access memory (SRAM) products, including SyncBurst, NBT, SigmaQuad, and SigmaDDR. In addition, it offers radiation-hardened and radiation-tolerant SRAMs for networking and telecommunications, test and measurement, military/defense and aerospace applications, such as networking satellites and missiles. The company's products are used as components by the original equipment manufacturer customers, including KYEC, Cadence Design Systems, and Nokia for including radar and guidance systems and satellites; test and measurement applications; automotive applications comprising smart cruise control; medical applications, such as ultrasound and CAT scan equipment; and audio/video processing. The company markets its products through a network of independent sales representatives and distributors. GSI Technology, Inc. was incorporated in 1995 and is headquartered in Sunnyvale, California.

How this company scores

AverageMetricSide Score: 43/100

Strongest: Balance Sheet & Red Flags (15/25); weakest: Cash & Earnings Quality (6/25).

Profitability8/25

Growth14/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality6/25

Strengths

Long cash runwayInterest easily coveredConsistent growthNet cash position

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/S · 7.1x5y range 1.2x – 9.0x

Currently above its 20-quarter median.

P/B · 2.0x5y range 0.7x – 2.9x

Currently near its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 8 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $179.63M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $25.15M
Q. Revenue: $6.31M
TTM EBITDA: $-20.03M
TTM Op. Income: $-20.69M
Q. Op. Income: $-5.38M
TTM Net Income: $-15.82M
Q. Net Income: $-4.79M
EPS: $-0.13
Shares Out.: $37.35M

$25.15M in TTM revenue grew 13.7% YoY, reaching $6.31M last quarter. TTM EBITDA of $-20.03M and TTM operating income of $-20.69M show growth is flowing through to the bottom line. However, net income is negative at $15.82M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 53.4%
EBITDA Margin: -82.6%
Op. Margin: -85.3%
Net Margin: -75.9%

Op. margin of -85.3% is down 50.7% YoY — costs are rising relative to revenue. Net margin at -75.9% and gross margin of 53.4% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 146% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 7.1x
P/B Ratio: 2.0x

P/S of 7.1x and P/B of 2.0x.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $108.53M
Cash: $77.05M
Long-Term Debt: N/A
Book Value: $91.91M
D/E Ratio: N/A
Debt/EBITDA: N/A

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-3.86M
TTM Free Cash Flow: $-18.89M
FCF Margin: -75.1%
FCF / Net Income: 1.2

TTM FCF of $-18.89M on $-3.86M in operating cash flow. The FCF / Net Income ratio of 1.2x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 3 consecutive quarters — a weakening trend.