Quarterly ResultMay 14, 2026, 04:15 PM
Interlink Electronics Q1 Revenue $3.07M (+15%); Net Loss $(0.338)M
AI Summary
Interlink Electronics reported strong first-quarter 2026 financial results, with revenue growing 15% year-over-year to $3.07 million and gross margins improving significantly to 43.5%. The company also substantially reduced its net loss by 58% to $338,000. Strategically, Interlink announced a non-binding letter of intent for an acquisition, is developing new products like intelligent test strip electrodes and a third-generation wearable device, and plans to open a new R&D and production facility in England.
Key Highlights
- Interlink Electronics announced a non-binding letter of intent to acquire a high-performance manufacturing solutions provider.
- Q1 2026 revenue increased 15.4% to $3.07 million, up from $2.66 million in Q1 2025.
- Gross margin improved to 43.5% in Q1 2026, an 8 percentage point increase from 35.6% in Q1 2025.
- Net loss decreased 58% to $(0.338) million in Q1 2026, compared to $(0.805) million in Q1 2025.
- Diluted loss per common share was $(0.02) in Q1 2026, an improvement from $(0.06) in Q1 2025.
- Adjusted EBITDA improved to $(0.168) million from $(0.623) million in the prior-year period.
- The company is developing electrodes for intelligent test strips, with the first product expected to enter clinical trials soon.
- A new R&D and production facility in South Yorkshire, England, is planned to launch in July.
Price Impact
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