Quarterly ResultJul 30, 2026, 07:36 AM
Netlist Q2 Net Sales $109.8M, Net Income $1.4M
AI Summary
Netlist, Inc. reported strong financial results for the second quarter and first six months of 2026, demonstrating significant revenue growth and a return to profitability. Net sales for Q2 2026 increased by 163% year-over-year to $109.8 million, with the company achieving a net income of $1.4 million compared to a net loss in the prior year. The CEO highlighted continued development in AI memory technologies and defense of their IP portfolio.
Key Highlights
- Q2 2026 net sales were $109.8 million, a 163% increase compared to Q2 2025.
- Q2 2026 gross profit was $22.9 million, a 1,544% increase compared to Q2 2025.
- Q2 2026 net income was $1.4 million, compared to a net loss of $(6.1) million in Q2 2025.
- Six-month net sales were $214.7 million, a 204% increase compared to the prior year period.
- Six-month gross profit was $45.3 million, a 1,582% increase compared to the prior year period.
- Six-month net income was $10.0 million, or $0.03 per share, compared to a net loss of $(15.6) million, or $(0.06) per share, in the prior year period.
Price Impact
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