---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-059024"
form_type: "8-K"
ticker: "NLST"
cik: "0001282631"
company_name: "NETLIST INC"
filed_at: "2026-05-12T12:00:29+00:00"
generated_at: "2026-05-12T12:12:54.711090+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-059024
- form_type: 8-K
- ticker: NLST
- cik: 0001282631
- company_name: NETLIST INC
- filed_at: 2026-05-12T12:00:29+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1282631/000110465926059024/0001104659-26-059024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1282631/000110465926059024/tm2613581d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-059024
- JSON: https://secwatch.observer/filing/0001104659-26-059024.json
- Plain text: https://secwatch.observer/filing/0001104659-26-059024.txt

## Key facts
- Earnings Releases
  NETLIST INC reported first quarter ended March 28, 2026 results: revenue $104.9 million, net income $8.6 million, EPS $0.03 per share.
  - Period: first quarter ended March 28, 2026
  - Revenue: $104.9 million
  - Net income: $8.6 million
  - EPS: $0.03 per share
  - Result: reported results
  source text: , 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1282631/000110465926059024/0001104659-26-059024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.