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Form 8-K

sec.gov

8-K — GSI TECHNOLOGY INC

Accession: 0001104659-26-065370

Filed: 2026-05-22

Period: 2026-05-07

CIK: 0001126741

SIC: 3674 (SEMICONDUCTORS & RELATED DEVICES)

Item: Results of Operations and Financial Condition

Item: Other Events

Documents

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UNITED

STATES

SECURITIES AND EXCHANGE COMMISSION

Washington,

D.C. 20549

Form

8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of

earliest event reported): May 22, 2026 (May 7, 2026)

GSI

Technology, Inc.

(Exact

name of registrant as specified in its charter)

Delaware

001-33387

77-0398779

(State

or Other Jurisdiction of

Incorporation)

(Commission

File Number)

(I.R.S.

Employer Identification No.)

1213 Elko Drive

Sunnyvale, California 94089

(Address of Principal Executive Offices) (Zip Code)

(408)

331-8800

(Registrant's telephone number, including area

code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below

if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following

provisions:

¨

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the

Act:

Title

of each class

Trading Symbol(s)

Name

of each exchange on which registered

Common Stock, $0.001 par value

GSIT

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging

growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities

Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the

registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards

provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 2.02 Results of Operations and Financial Condition.

On May 7, 2026, GSI Technology, Inc.

(the “Company”) disclosed the following unaudited preliminary financial results for the year ended March 31, 2026:

· Net revenue of approximately $25.1 million for

the year ended March 31, 2026.

· Gross margin was approximately 54.5% for the

year ended March 31, 2026.

The Company’s consolidated

financial statements for the year ended March 31, 2026 are not yet available. Accordingly, the financial and operational results

presented above are preliminary estimates and subject to the completion of the Company’s financial closing procedures and any adjustments

that may result from the completion of the quarterly review and finalization of the consolidated financial statements. As a result, these

preliminary estimated results may differ from actual results that will be reflected in the consolidated financial statements for the fiscal

year when it is completed and publicly disclosed. These preliminary estimated results may change and those changes may be material.

The Company’s expectations

with respect to the unaudited preliminary results for the period discussed above are based upon management estimates and are the responsibility

of management. The Company’s independent registered public accounting firm has not audited, reviewed or performed any procedures

with respect to these preliminary results (including any financial data) and, accordingly, does not express an opinion or any other form

of assurance with respect to these preliminary results.

The information contained

in this Item 2.02 is “furnished” and not “filed” for purposes of Section 18 of the Securities Exchange Act

of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. Such information shall

not be incorporated by reference in another filing under the Exchange Act or the Securities Act of 1933, as amended, except to the extent

such other filing specifically incorporates such information by reference.

Item 8.01 Other Events.

The information reported under Item 2.02 is hereby

incorporated by reference herein.

Forward-Looking Statements

The statements contained in this Current Report

on Form 8-K that are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation

Reform Act of 1995, Section 27A of the Securities Act, and Rule 175 promulgated thereunder, and Section 21E of the Exchange

Act, and Rule 3b-6 promulgated thereunder, which statements involve inherent risks and uncertainties. All forward-looking statements

included in this Current Report on Form 8-K are based upon information available to the Company as of the date hereof, and the Company

assumes no obligation to update any such forward-looking statements. Forward-looking statements involve a variety of risks and uncertainties,

which could cause actual results to differ materially from those projected. These risks include those associated with the normal quarterly

and fiscal year-end closing process. Examples of risks that could affect our current expectations regarding future revenues and gross

margins include those associated with fluctuations in the Company’s operating results; the Company’s historical dependence

on sales to a limited number of customers and fluctuations in the mix of customers and products in any period; global public health crises

that reduce economic activity; the rapidly evolving markets for the Company’s products and uncertainty regarding the development

of these markets; the need to develop and introduce new products to offset the historical decline in the average unit selling price of

the Company’s products; the challenges of rapid growth followed by periods of contraction; intensive competition; the continued

availability of government funding opportunities; delays or unanticipated costs that may be encountered in the development of new products

based on our in-place associative computing technology and the establishment of new markets and customer and partner relationships for

the sale of such products; and delays or unexpected challenges related to the establishment of customer relationships and orders for the

Company’s radiation-hardened and tolerant SRAM products. Many of these risks are currently amplified by and will continue to be

amplified by, or in the future may be amplified by, economic and geopolitical conditions, such as changing interest rates, worldwide inflationary

pressures, policy unpredictability, the imposition of tariffs and other trade barriers, military conflicts and declines in the global

economic environment. Further information regarding these and other risks relating to the Company’s business is contained in the

Company’s filings with the Securities and Exchange Commission, including those factors discussed under the caption “Risk Factors”

in such filings.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934,

the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

GSI Technology, Inc.

Date: May 22, 2026

By:

/s/ DOUGLAS M. SCHIRLE

Douglas M. Schirle

Chief Financial Officer

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