Filing Flows › GSI Technology (GSIT) › Q1 FY27
GSI Technology (GSIT) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Aug 11, 2026
GSI Technology (GSIT) reported revenue of $6.3M for the first quarter fiscal 2027 (Q1 FY27), +0.5% from a year earlier and -0.1% from the quarter before. Operating margin was -85.3%, net loss $4.8M (75.9% of revenue).
GSI Technology, Q1 FY27: revenue $6.3M (+0.5% year over year), operating margin -85.3%, net loss $4.8M, operating cash flow −$3.9M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.3M | -0.1% | +0.5% |
| Operating profit | −$5.4M | — | — |
| Net earnings | −$4.8M | — | — |
| Operating cash flow | −$3.9M | — | — |
What changed
Revenue was $6.3M in Q1 FY27, roughly flat year over year and roughly flat from the previous quarter.
Gross margin was 53.4%, down 4.7 points from Q1 FY26. Operating costs exceeded revenue by $5.4M, an operating margin of -85.3%. Operating expenses grew 50% against flat revenue. The fastest-growing cost line was Research & development (+90%). The quarter ended with a net loss of $4.8M, narrower than the previous quarter's $4.8M loss.
Operating cash flow was −$3.9M. Non-cash charges added back $173K of depreciation and amortization and $887K of share-based compensation. Capital expenditures of $358K exceeded it, leaving free cash flow of −$4.2M.
Questions
What was GSI Technology's revenue in the first quarter fiscal 2027?
GSI Technology (GSIT) reported revenue of $6.3M for the first quarter fiscal 2027 (Q1 FY27), +0.5% from a year earlier and -0.1% from the quarter before.
Was GSI Technology profitable in the first quarter fiscal 2027?
Operating loss was $5.4M (-85.3% of revenue) and net loss $4.8M.
Source: GSI Technology 10-Q on SEC EDGAR.