Quarterly ResultAug 12, 2026, 04:02 PM
Data I/O Q2 Revenue $5.2M, Up 59% Sequentially; Gross Margin 57.0%
AI Summary
Data I/O Corporation reported Q2 2026 revenue of $5.2 million, marking a 59% sequential increase from the first quarter, and a gross margin of 57.0%. The company achieved breakeven adjusted EBITDA and significantly strengthened its balance sheet with a $9 million direct investment, boosting cash to $10.8 million. Strategic initiatives are progressing, with a transformational acquisition on track and an intent to acquire IAR's embedded software security IP announced, positioning the company for future growth and an end-to-end security platform.
Key Highlights
- Q2 2026 Revenue was $5.2 million, a 59% sequential increase from Q1 2026.
- Q2 2026 Bookings totaled $4.9 million.
- Gross margin as a percentage of sales improved to 57.0% in Q2 2026 from 49.5% in Q1 2026.
- Operating loss declined to ($724,000) in Q2 2026 from ($844,000) in Q2 2025.
- Achieved breakeven adjusted EBITDA for the quarter, excluding one-time expenses.
- Cash balance at June 30, 2026, was $10.8 million, up from $5.7 million on March 31, 2026.
- Closed a $9 million direct investment in May 2026 to strengthen the balance sheet.
- Transformational acquisition is on track with exclusivity extended; intent to acquire IAR's IP announced.
Price Impact
More from DAIO