Filing Flows › GSI Technology (GSIT) › Q1 FY26
GSI Technology (GSIT) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Aug 8, 2025
GSI Technology (GSIT) reported revenue of $6.3M for the first quarter fiscal 2026 (Q1 FY26), +35% from a year earlier and +7% from the quarter before. Operating margin was -34.6%, net loss $2.2M (35.3% of revenue).
GSI Technology, Q1 FY26: revenue $6.3M (+34% year over year), operating margin -34.6%, net loss $2.2M, operating cash flow −$1.7M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.3M | +7% | +35% |
| Operating profit | −$2.2M | — | — |
| Net earnings | −$2.2M | — | — |
| Operating cash flow | −$1.7M | — | — |
What changed
Revenue was $6.3M in Q1 FY26, up 35% year over year and up 7% from the previous quarter.
Gross margin was 58.1%, up 11.8 points from a year earlier. Operating costs exceeded revenue by $2.2M, an operating margin of -34.6%. Operating expenses grew 439% against revenue growth of 35%. The quarter ended with a net loss of $2.2M, narrower than the previous quarter's $2.2M loss.
Operating cash flow was −$1.7M. Non-cash charges added back $149K of depreciation and amortization and $341K of share-based compensation. Capital expenditures of $21K exceeded it, leaving free cash flow of −$1.7M.
Questions
What was GSI Technology's revenue in the first quarter fiscal 2026?
GSI Technology (GSIT) reported revenue of $6.3M for the first quarter fiscal 2026 (Q1 FY26), +35% from a year earlier and +7% from the quarter before.
Was GSI Technology profitable in the first quarter fiscal 2026?
Operating loss was $2.2M (-34.6% of revenue) and net loss $2.2M.
Source: GSI Technology 10-Q on SEC EDGAR.