GSI TECHNOLOGY INC
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $25.1M | $20.5M | $21.8M | $29.7M | $33.4M | $27.7M | $43.3M | $51.5M |
| Cost of Revenue | $11.4M | $10.4M | $9.9M | $12.0M | $14.8M | $14.5M | $18.0M | $19.9M |
| Gross Profit | $13.7M | $10.1M | $11.8M | $17.7M | $18.5M | $13.2M | $25.3M | $31.6M |
| Gross Margin | 54.5% | 49.4% | 54.3% | 59.6% | 55.5% | 47.7% | 58.5% | 61.4% |
| Operating Expenses | ||||||||
| Research & Development | $19.9M | $16.0M | $21.7M | $23.6M | $24.7M | $23.3M | $25.2M | $21.4M |
| SG&A Expense | $11.2M | $10.8M | $10.6M | $9.9M | $10.2M | $11.1M | $10.9M | $10.5M |
| Operating Income | $-17.5M | $-10.8M | $-20.4M | $-15.8M | $-16.4M | $-21.3M | $-10.8M | $-182.0K |
| Operating Margin | -69.6% | -52.8% | -93.9% | -53.2% | -49.0% | -76.7% | -24.9% | -0.4% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-13.4M | $-10.5M | $-20.0M | $-15.6M | $-16.4M | $-21.2M | $-10.1M | $268.0K |
| Income Tax Expense | $-132.0K | $130.0K | $70.0K | $372.0K | $-45.0K | $335.0K | $247.0K | $105.0K |
| Net Income | $-13.2M | $-10.6M | $-20.1M | $-16.0M | $-16.4M | $-21.5M | $-10.3M | $163.0K |
| Net Margin | -52.7% | -51.9% | -92.3% | -53.8% | -49.0% | -77.6% | -23.8% | 0.3% |
| EPS (Basic) | $-0.42 | $-0.42 | $-0.80 | $-0.65 | $-0.67 | $-0.91 | $-0.45 | $0.01 |
| EPS (Diluted) | $-0.42 | $-0.42 | $-0.80 | $-0.65 | $-0.67 | $-0.91 | $-0.45 | $0.01 |
| Shares Outstanding (Basic) | 31.8M | 25.5M | 25.1M | 24.6M | 24.3M | 23.7M | 23.0M | 21.9M |
| Shares Outstanding (Diluted) | 31.8M | 25.5M | 25.1M | 24.6M | 24.3M | 23.7M | 23.0M | 23.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |