GSI TECHNOLOGY (GSIT) Company Report

GSI Technology reported net revenues of $6.1 million for the third quarter of fiscal 2026, marking a 12% increase year-over-year, alongside a net loss of $3 million, or $0.09 per diluted share.
The company's cash and cash equivalents significantly increased to $70.7 million as of December 31, 2025, primarily due to $46.9 million in net proceeds from a registered direct offering in October 2025.
GSI Technology is advancing its APU roadmap, with plans to tape out Plato in early 2027, and has partnered with G2 Tech on the Sentinel program, an autonomous perimeter security project backed by U.S. government funding expected to exceed $1 million.
The company announced Gemini 2's performance, achieving a 3-second time-to-first token (TTFT) for multimodal models at approximately 30 watts of system power, which is up to three times faster than competitive chips for edge AI applications.
For the fourth quarter of fiscal 2026, GSI Technology anticipates net revenues between $5.7 million and $6.5 million, with a gross margin of approximately 54%-56%.

Jan 29, 2026, 9:30 PM

Transcript

GSI Technology Announces Q3 Fiscal 2026 Results and Q4 Fiscal 2026 Outlook

GSIT

Earnings

Guidance Update

New Projects/Investments

GSI Technology reported net revenues of $6.1 million for Q3 fiscal 2026, representing a 12% increase year-over-year, and a net loss of $3 million, or $0.09 per diluted share.
The company's cash and cash equivalents increased to $70.7 million as of December 31, 2025, primarily reflecting $46.9 million in net proceeds from a registered direct offering completed in October 2025.
GSI Technology announced that its Gemini-II achieved a three-second time-to-first token performance for multimodal large language models at approximately 30 watts of system power, demonstrating fast response for edge AI applications.
A partnership with G2 Tech for the Sentinel project, an autonomous perimeter security program backed by the U.S. Department of War, was finalized and is expected to provide over $1 million in government funding to offset R&D expenses.
For Q4 fiscal 2026, GSI Technology anticipates net revenues in the range of $5.7 million to $6.5 million and a gross margin of 54% to 56%.

Jan 29, 2026, 9:30 PM

Transcript

GSI Technology Reports Q3 2026 Results, Advances APU Roadmap, and Provides Q4 Outlook

GSIT

Earnings

Guidance Update

New Projects/Investments

GSI Technology reported net revenues of $6.1 million for the third quarter of fiscal 2026, marking a 12% increase year-over-year, alongside a net loss of $3 million, or $0.09 per diluted share.
Cash and cash equivalents significantly increased to $70.7 million as of December 31, 2025, largely driven by $46.9 million in net proceeds from a registered direct offering.
The company is advancing its APU roadmap, with Plato on track for tape out in early 2027, and has partnered with G2 Tech on the Sentinel project, an autonomous perimeter security program supported by over $1 million in U.S. government funding.
GSI Technology highlighted Gemini 2's performance, achieving a 3-second time-to-first token for multimodal models at 30 watts of system power, which is up to three times faster than competitive chips.
For the fourth quarter of fiscal 2026, the company anticipates net revenues between $5.7 million and $6.5 million and a gross margin of 54% to 56%.

Jan 29, 2026, 9:30 PM

Transcript

GSI Technology Announces Third Quarter Fiscal 2026 Results

GSIT

Earnings

Guidance Update

New Projects/Investments

GSI Technology reported net revenues of $6.1 million for the third quarter of fiscal 2026, representing a 12% increase year-over-year, with a net loss of $(3.0) million, or $(0.09) per diluted share.
The company's cash balance at quarter-end was $70.7 million as of December 31, 2025, a significant increase from $13.4 million at the end of Q4 FY2025, primarily due to $46.9 million in net proceeds from a Registered Direct Offering in October 2025.
For the upcoming fiscal fourth quarter, GSI Technology anticipates net revenues in the range of $5.7 million to $6.5 million and a gross margin of approximately 54% to 56%.
Key operational advancements include third-party benchmark results for Gemini-II showing ~3 seconds time-to-first-token (TTFT) at ~30 watts system power, supporting Plato hardware development, and securing a proof-of-concept with G2 Tech and two government agencies, with ~$1 million in government funding expected.

Jan 29, 2026, 9:05 PM

8-K

GSI Technology Announces Q3 FY2026 Results

GSIT

Earnings

Guidance Update

New Projects/Investments

GSI Technology reported net revenues of $6.1 million for the third fiscal quarter ended December 31, 2025, marking a 12% year-over-year increase, alongside a net loss of $(3.0) million, or $(0.09) per diluted share.
The company's cash and cash equivalents significantly increased to $70.7 million as of December 31, 2025, from $13.4 million at the end of Q4 FY2025, primarily due to $46.9 million in net proceeds from a Registered Direct Offering in October 2025.
For the fourth fiscal quarter of 2026, GSI Technology expects net revenues between $5.7 million and $6.5 million and a gross margin of approximately 54% to 56%.
Operational highlights include a proof-of-concept with G2 Tech and two government agencies, with approximately $1 million in government funding expected, and positive third-party benchmark results for its Gemini-II APU technology.

Jan 29, 2026, 9:05 PM

Press Release

GSI Technology Reports Gemini-II Benchmark Results

GSIT

Product Launch

New Projects/Investments

GSI Technology (Nasdaq: GSIT) announced preliminary benchmark results for its Gemini-II Compute-in-Memory processor.
The Gemini-II processor demonstrated 3-second time-to-first-token (TTFT) performance for multimodal large language models operating at the edge with video and text inputs.
This performance was achieved while consuming approximately 30 watts at the AI sub-system, which GSI believes is the lowest publicly reported result for a multimodal 12B model running on an embedded edge processor.
Independent third-party testing showed competitive embedded platforms reported TTFT measurements of roughly 12 seconds on Qualcomm Snapdragon X Elite with 30W power and 3 seconds on NVIDIA Jetson Thor with over 100W power.
GSI believes this performance profile is well-suited for "physical AI" markets, including drones and smart cities, where workloads are constrained by battery life, thermal design, and form factor.

Jan 29, 2026, 1:30 PM

Press Release

GSI Technology Presents APU and SRAM Business Update at Needham Conference

GSIT

New Projects/Investments

Revenue Acceleration/Inflection

Product Launch

GSI Technology reported over $20 million in revenue for the fiscal year ended March 31st and projects 20% growth for the current fiscal year, supported by a $47 million capital raise in October.
The company is advancing its APU (Associative Processing Unit) AI chips for the edge computing market, with a strong focus on military and defense applications, including $3.4 million in awarded SBIRs and a new $1 million+ Proof of Concept (POC) with the DoD for drone technology.
GSI's next-generation APU, Plato, designed for edge Large Language Models (LLMs), is slated for tape-out in early 2027 and production in 2028.
The APU features a unique compute-in-memory architecture, which a Cornell University paper demonstrated used 98% less power than NVIDIA's GPU for a RAG application with Gemini-I.

Jan 15, 2026, 4:00 PM

Transcript

GSI Technology Highlights APU AI Development, Edge Computing Focus, and Financials

GSIT

New Projects/Investments

Product Launch

Revenue Acceleration/Inflection

GSI Technology (GSIT) is advancing its APU (Associative Processing Unit) AI technology, including Gemini 1, the production-ready Gemini 2, and the next-generation Plato, which is designed for LLMs at the edge with tape-out planned for early 2027 and production in 2028.
The company's APU development, totaling $175 million in R&D, has been funded by its SRAM business, which features the highest density and performance products in the industry, with third and fourth-generation products being sole-sourced.
GSI Technology reported over $20 million in revenue for the fiscal year ending March 31st and projects 20% growth for the current fiscal year. As of September, cash and cash equivalents were $25 million, not including $47 million net raised in October.
GSIT is strategically focused on edge computing, particularly in military and defense, having secured $3.4 million in SBIRs and a $1 million Proof of Concept (POC) with G2 Tech for a drone application utilizing Gemini 2.
The company emphasizes its proven manufacturing model for volume production, leveraging its history of shipping over 100 million SRAMs and its long-standing relationship with TSMC for both SRAM and APU production.

Jan 15, 2026, 4:00 PM

Transcript

GSI Technology discusses APU advancements, funding, and strategic focus at Needham Conference

GSIT

New Projects/Investments

Product Launch

Funding

GSI Technology (GSIT) is advancing its Associative Processing Unit (APU) technology for AI, with its SRAM division funding $175 million in R&D for Gemini 1 and Gemini 2.
The company recently raised $47 million in net fees in October to propel Gemini 2 and the new Plato roadmap device, adding to its $25 million in cash and cash equivalents as of September.
For the last fiscal year (ending March 31st), revenues were just over $20 million, with a projected 20% growth rate for the current fiscal year.
GSIT is strategically focusing on edge AI applications, particularly in military and defense, securing $3.4 million in SBIRs and a $1 million Proof of Concept (POC) with G2 Tech for a DoD drone application using Gemini 2.

Jan 15, 2026, 4:00 PM

Transcript

GSI Technology Defines Edge Strategy for Gemini-II APU and Announces Market Focus

GSIT

Product Launch

New Projects/Investments

GSI Technology has announced its edge strategy for the Gemini-II Associative Processing Unit (APU), focusing on high-growth AI edge processor markets such as drones, a segment projected to reach $2.7 billion by 2030.
The Gemini-II APU is designed to deliver complex edge AI capability at 15W, offering GPU-class performance with significantly lower power consumption and faster first-response times (up to three times faster) for power- and size-constrained environments like drones and defense systems.
This strategic advancement follows a recent $50 million equity raise, which GSI Technology is utilizing to progress its roadmap and capitalize on opportunities in these edge markets.
The global edge AI processor market is projected to reach $9.6 billion by 2030, with GSI prioritizing early deployment in drone and military vehicle markets due to immediate need and demand.