Netlist Q1 revenue $104.9M (+262% YoY), net income $8.6M vs loss

NETLIST INC

2026-Q1 EPS reported $0.03 vs consensus $0.00 ▲ beat (+3000000.0%)

Net sales $104.9M, up 262% from $29.0M in Q1 2025.
Gross profit $22.4M, up 1,622% from $1.3M; net income $8.6M ($0.03 EPS) vs net loss of $9.5M.
Stock-based compensation expense $1.0M, unchanged from prior year.
CEO C.K. Hong cites robust demand and focus on AI memory technologies DDR5 and HBM.

item 2.02item 9.01

Source: SEC EDGAR

accession 0001104659-26-059024

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