GSI Technology (GSI Technology) Gross Margin % : 55.94% (As of Dec. 2023)

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What is GSI Technology Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. GSI Technology's Gross Profit for the three months ended in Dec. 2023 was $2.98 Mil. GSI Technology's Revenue for the three months ended in Dec. 2023 was $5.32 Mil. Therefore, GSI Technology's Gross Margin % for the quarter that ended in Dec. 2023 was 55.94%.

The historical rank and industry rank for GSI Technology's Gross Margin % or its related term are showing as below:

GSIT' s Gross Margin % Range Over the Past 10 Years
Min: 44.57 Med: 53.71 Max: 61.43
Current: 55.34

During the past 13 years, the highest Gross Margin % of GSI Technology was 61.43%. The lowest was 44.57%. And the median was 53.71%.

GSIT's Gross Margin % is ranked better than
88.37% of 972 companies
in the Semiconductors industry
Industry Median: 28.165 vs GSIT: 55.34

GSI Technology had a gross margin of 55.94% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for GSI Technology was 0.30% per year.

GSI Technology Gross Margin % Historical Data

The historical data trend for GSI Technology's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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GSI Technology Gross Margin % Chart

GSI Technology Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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61.43

58.47

47.66

55.53

59.55

GSI Technology Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															57.48	55.89	54.93	54.68	55.94

Competitive Comparison of GSI Technology's Gross Margin %

For the Semiconductors subindustry, GSI Technology's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

GSI Technology's Gross Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, GSI Technology's Gross Margin % distribution charts can be found below:

* The bar in red indicates where GSI Technology's Gross Margin % falls into.

GSI Technology Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

GSI Technology's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )	=	Gross Profit (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	17.7	/	29.691
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(29.691 - 12.01)	/	29.691
	=	59.55 %

GSI Technology's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	3	/	5.318
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(5.318 - 2.343)	/	5.318
	=	55.94 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

GSI Technology (NAS:GSIT) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

GSI Technology had a gross margin of 55.94% for the quarter that ended in Dec. 2023 => Durable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

GSI Technology Gross Margin % Related Terms

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GSI Technology (GSI Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GSI Technology Inc (NAS:GSIT) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1213 Elko Drive, Sunnyvale, CA, USA, 94089

Website

https://www.gsitechnology.com

GSI Technology Inc is a provider of semiconductor memory solutions. The company develops and markets high-performance memory products, including Very Fast static random access memory, or SRAM, that are incorporated in high-performance networking and telecommunications equipment, such as routers, switches, wide area network infrastructure equipment, wireless base stations, and network access equipment. It sells these products to original equipment manufacturers, and customers including Nokia. In addition, it serves the ongoing needs of the military, aerospace, industrial, test and measurement equipment, and automotive and medical markets for high-performance SRAMs. It operates geographically in China, Singapore, the Netherlands, Germany, Rest of the world, and the United States.

Executives

Robert Yau	director, officer: VP, Engin., Sect. & Director	GSI TECHNOLOGY, INC., 2360 OWEN STREET, SANTA CLARA CA 95054
Avidan Akerib	officer: VP of Associative Computing	C/O GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SUNNYVALE CA 94089
Elizabeth Cholawsky	director	1636 LA VISTA DEL OCEANO, SANTA BARBARA CA 93109
Ruey-lin Lu	director	EMPIA TECHNOLOGY, 2600 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Douglas Schirle	officer: CFO	GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SUNNYVALE CA 94089
Didier Lasserre	officer: VP, Sales	GSI TECHNOLOGY, INC., 2360 OWEN STREET, SANTA CLARA CA 95054
Hong-po Hsieh	director	20 PARK AVE. II, HSINCHU SCIENCE PARK, HSINCHU F5 308
Kim Le	director	1608 PALA RANCH CIRCLE, SAN JOSE CA 95133
Jack A. Bradley	director	C/O GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SUNNYVALE CA 94089
Arthur O Whipple	director	870 WEST MAUDE AVE, SUNNYVALE CA 94085
Ping Tak Wu	officer: VP, U.S. Operations	GSI TECHNOLOGY, INC., 2360 OWEN STREET, SANTA CLARA CA 95054
Barbara H Nelson	director	C/O QUANTUM CORP, 501 SYCAORE DR, MILPITAS CA 95035
Bor-tay Wu	officer: VP, Taiwan Operations	GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SANTA CLARA CA 94089
Lee-lean Shu	director, 10 percent owner, officer: Pres., CEO and Chairman	GSI TECHNOLOGY, INC., 1213 ELKO DRIVE, SANTA CLARA CA 94089
E Thomas Hart	director	1277 ORLEANS DRIVE, SUNNYVALE CA 94089-1138