GSI Technology reports flat Q1 revenue, widens loss to $4.8M on Plato R&D ramp

Filed July 30, 2026 · Period ending July 30, 2026 · ~1 min read

Key Changes

• high

  Q1 FY2027 revenue $6.3M (flat YoY and QoQ), gross margin 53.4% (down from 58.1% prior year on product mix), net loss $4.8M or $0.13/share (vs. $2.2M/$0.08 prior year)

  Exhibit 99.1 view on EDGAR →
• high

  R&D spending nearly doubled to $5.9M (from $3.1M prior year), driven by external design services for Plato processor on track for March 2027 tape-out

  Exhibit 99.1 view on EDGAR →
• high

  Raised $14M in cash: $9.3M from ATM stock sales and $4.8M from employee option exercises; cash position increased to $77.0M from $67.2M prior quarter

  Exhibit 99.1 view on EDGAR →