GSI Technology Common Stock (GSIT)

FairStock Score: 50/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look first for a business that earns money and has a durable competitive advantage. GSI Technology fails the first test. In fiscal FY2026, the year ended 2026-03-31, revenue was $25.1M and net loss was $13.2M; in FY2025, revenue was $20.5M and net loss was $10.6M; in FY2024, revenue was $21.8M and net loss was $20.1M. The Lynch category is none because it lost money in each of the last four years. In the quarter ended 2026-06-30, revenue was $6.3M and net loss was $4.8M. Trailing free cash flow is -$18.9M, a FairStock FCF yield of -10.9%, so the business consumes cash. The balance sheet has low leverage: D/E 0.09, and FairStock's Altman Z-Score is 6.32, so near-term insolvency does not appear imminent. But FairStock's ROE is -24.48%, ROCE is -16.26%, and P/E is -9.55, meaning there are no earnings to value. At the 2026-10-13 close of $4.49, market cap was $172.6M and P/B was 1.87. Revenue growth of 0.46% is essentially flat. The company's 125 employees sell memory solutions, and its associative processing unit may have promise in similarity search. But promise is not a moat. I see no margin of safety based on profits or cash generation; the price depends on a future that has not yet appeared in the numbers. Until revenue accelerates and losses narrow, this is speculation, not value.

In plain English: GSI Technology makes specialized memory chips and related processing products for networking, industrial, aerospace, and military customers. The company has not made a profit in the last four years, and its cash flow is negative. At the recent price of $4.49, the stock is not clearly cheap because the business is still losing money and sales are barely growing.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q1 2027 10-Q (period ended 2026-06-30) · fiscal Q3 2026 10-Q (period ended 2025-12-31) · fiscal Q2 2026 10-Q (period ended 2025-09-30) · fiscal Q1 2026 10-Q (period ended 2025-06-30) · FY2026 10-K (period ended 2026-03-31) · FY2025 10-K (period ended 2025-03-31) · FY2024 10-K (period ended 2024-03-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer