Quarterly ResultMay 14, 2026, 09:02 AM
Interlink Electronics Q1 Revenue +15% to $3.07M; Gross Margin 43.5%
AI Summary
Interlink Electronics reported strong first-quarter 2026 results, with revenue increasing 15% to $3.07 million and gross margins improving by 8 percentage points to 43.5%. The company significantly reduced its net loss by 58% to $338,000. Additionally, Interlink announced a non-binding letter of intent to acquire a provider of high-performance manufacturing solutions and is advancing new product developments, including electrodes for intelligent test strips and a third-generation wearable device. A new R&D and production facility in South Yorkshire, England, is set to launch in July.
Key Highlights
- Announced non-binding LOI to acquire a high-performance manufacturing solutions provider.
- Q1 2026 revenue grew 15.4% year-over-year to $3.07 million.
- Gross margin improved by 8 percentage points to 43.5% in Q1 2026.
- Net loss decreased 58% to $338,000 in Q1 2026 from $805,000 in Q1 2025.
- Adjusted EBITDA improved 73% to $(168,000) from $(623,000) year-over-year.
- Developing electrodes for intelligent test strips, with clinical trials and initial production expected this year.
- Launching a new R&D and production facility in South Yorkshire, England, in July.