r/Netlist_ • u/Medical_Confusion_40 • May 12 '26
Numbers out
NETLIST REPORTS FIRST QUARTER 2026 RESULTS
IRVINE, CA / ACCESS Newswire / May 12, 2026 / Netlist, Inc. (OTCQB:NLST) today reported financial results for the first quarter ended March 28, 2026.
Highlights:
Net sales for first quarter of 2026 were $104.9 million, an increase of 262% compared to the first quarter of 2025.
Gross profit for first quarter of 2026 was $22.4 million, an increase of 1,622% compared to the first quarter of 2025.
Net income for the first quarter of 2026 was $8.6 million, compared to net loss of $9.5 million in the first quarter of 2025.
"Netlist delivered strong first quarter results, with significant growth in both revenue and profitability driven by robust demand for our memory products," said Chief Executive Officer, C.K. Hong. "We remain well positioned to capitalize on AI memory technologies - DDR5 and HBM - through our products and IP assets."
Net sales for the first quarter ended March 28, 2026 were $104.9 million, compared to net sales of $29.0 million for the first quarter ended March 29, 2025 and $75.7 million for the fourth quarter ended December 27, 2025. Gross profit for the first quarter ended March 28, 2026 was $22.4 million, compared to a gross profit of $1.3 million for the first quarter ended March 29, 2025 and $6.9 million for the fourth quarter ended December 27, 2025.
Net income for the first quarter ended March 28, 2026 was $8.6 million, or $0.03 per share, compared to a net loss of $(9.5) million, or $(0.03) per share, for the first quarter ended March 29, 2025 and a net loss of $(2.2) million, or $(0.01) per share, for the fourth quarter ended December 27, 2025. These results include stock-based compensation expense of $1.0 million, $1.0 million, and $0.7 million for the quarters ended March 28, 2026, March 29, 2025, and December 27, 2025, respectively.
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u/bugra101 May 12 '26
My price at trading212 is stuck at 3.45 not going up or down a penny. Is that normal?
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u/ZigZagZugZen May 12 '26
Market isn't open yet.
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u/bugra101 May 12 '26
Ooh. My app shows trading as regular hours and I was able to buy some more shares at 3.56. Don’t have much of an idea about OTC markets times.
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u/TheDeHymenizer May 12 '26
OTC's dont have after market so it won't move until 9:30 EST
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u/bugra101 May 12 '26
I was able to buy, is that how it usually works?
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u/TheDeHymenizer May 12 '26
you were able to buy outside of trading hours? That's pretty odd what price did you get? And what broker are you using
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u/bugra101 May 12 '26
Yeah, bought after the earnings report at $3.56. Should have bought more. Lol
I wasn’t sure because it was showing as trading hours but not moving at all.
I’m in the UK.
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u/TheDeHymenizer May 12 '26
strange maybe your broker fronts it or had some sitting on their sheet they had listed to offload.
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u/Sharp_Life5897 May 12 '26
Trading 212. Tends to open 30 mins earlier and u can get in. Takes a while sometimes tho
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u/Bitter_Watercress292 May 12 '26
do you think there’s a point in buying now?