Filing Flows › GSI Technology (GSIT) › Q2 FY27
GSI Technology (GSIT) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Nov 6, 2026
GSI Technology (GSIT) reported revenue of $6.0M for the second quarter fiscal 2027 (Q2 FY27), -7% from a year earlier and -5% from the quarter before. Operating margin was -123.5%, net loss $7.0M (116.6% of revenue).
GSI Technology, Q2 FY27: revenue $6.0M (-7% year over year), operating margin -123.5%, net loss $7.0M, operating cash flow −$8.0M. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.0M | -5% | -7% |
| Operating profit | −$7.4M | — | — |
| Net earnings | −$7.0M | — | — |
| Operating cash flow | −$8.0M | — | — |
What changed
Revenue was $6.0M in Q2 FY27, down 7% year over year and down 5% from the previous quarter.
Gross margin was 48.5%, down 6.3 points from Q2 FY26. Operating costs exceeded revenue by $7.4M, an operating margin of -123.5%. Operating expenses grew 54% against a revenue fall of 7%. The fastest-growing cost line was Research & development (+61%). The quarter ended with a net loss of $7.0M, wider than the previous quarter's $4.8M loss.
Operating cash flow was −$8.0M. Non-cash charges added back $173K of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items used $2.2M. Capital expenditures of $121K exceeded it, leaving free cash flow of −$8.1M.
Questions
What was GSI Technology's revenue in the second quarter fiscal 2027?
GSI Technology (GSIT) reported revenue of $6.0M for the second quarter fiscal 2027 (Q2 FY27), -7% from a year earlier and -5% from the quarter before.
Was GSI Technology profitable in the second quarter fiscal 2027?
Operating loss was $7.4M (-123.5% of revenue) and net loss $7.0M.
Source: GSI Technology 10-Q on SEC EDGAR.