StockWatch
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Electrical Products
Quarterly ResultAug 12, 2026, 04:46 PM

Data I/O Q2 Revenue $5.2M, +59% Sequentially; Acquisitions on Track

AI Summary

Data I/O Corporation reported strong second quarter 2026 financial results, with revenue reaching $5.2 million, a 59% sequential increase from the first quarter. Gross margin improved to 57.0%, and the operating loss declined. The company also strengthened its balance sheet with a $9 million direct investment, bringing cash to $10.8 million. Strategic initiatives are progressing, including a transformational acquisition expected to nearly double annual revenue and the intent to acquire IAR's embedded software security IP to create an end-to-end security platform.

Key Highlights

  • Q2 2026 Revenue: $5.2 million, a 59% sequential increase from Q1 2026.
  • Q2 2026 Bookings: $4.9 million.
  • Gross Margin: 57.0% in Q2 2026, up from 49.5% in Q1 2026.
  • Operating Loss: ($724,000) in Q2 2026, an improvement from ($844,000) in Q2 2025.
  • Net Loss: ($1,629,000) or ($0.17) per share in Q2 2026.
  • Cash: $10.8 million at June 30, 2026, up from $5.7 million at March 31, 2026.
  • Transformational acquisition on track with exclusivity extended to end of August.
  • Announced intent to acquire IAR's embedded software security IP and related assets.