---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-301172"
form_type: "8-K"
ticker: "LEDS"
cik: "0001333822"
company_name: "SemiLEDs Corp"
filed_at: "2025-11-28T23:59:59+00:00"
generated_at: "2026-05-16T16:03:11.211645+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SemiLEDs reports Q4 net loss of $1.2M; revenue drops 25% sequentially to $13.2M

## Summary
- Q4 GAAP net loss $1.2M ($0.15/share) vs Q3 net income of $223K ($0.03/share).
- Q4 revenue $13.2M, down from $17.7M in Q3; GAAP gross margin fell to 2% from 5%.
- Full-year revenue $43M vs $5.2M in FY2024; FY2025 net loss narrowed to $1.1M from $2.0M.
- Cash and equivalents $2.6M at Aug 31, 2025, up from $2.4M at end of Q3 and $1.7M a year ago.
- Operating margin worsened to negative 7% in Q4 vs negative 0.4% in Q3.

## SEC filing metadata
- accession: 0001193125-25-301172
- form_type: 8-K
- ticker: LEDS
- cik: 0001333822
- company_name: SemiLEDs Corp
- filed_at: 2025-11-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1333822/000119312525301172/0001193125-25-301172-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1333822/000119312525301172/leds-20251128.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-301172
- JSON: https://secwatch.observer/filing/0001193125-25-301172.json
- Plain text: https://secwatch.observer/filing/0001193125-25-301172.txt

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