secwatch.observer — SEC 8-K summary
======================================

Issuer:     IMMERSION CORP (IMMR)
CIK:        0001058811
Form:       8-K
Filed at:   2026-07-27T12:38:52+00:00
Accession:  0001193125-26-316971
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Immersion reports Q4 GAAP net income $3.7M; full year net income drops to $4.5M from $64.3M; dividend raised to $0.075
--------------------------------------------------------------------------------

- Q4 GAAP net income $3.7M ($0.12 diluted EPS) vs $(17.7)M ($(0.62)) prior year; Non-GAAP net income $9.9M ($0.30).
- Full-year GAAP net income $4.5M ($0.14 diluted EPS) vs $64.3M ($1.90) prior year, a 93% decline; Non-GAAP net income $60.8M ($1.84) vs $116.3M ($3.52).
- Full-year revenues $1.7B, up from $1.6B, but operating expenses rose to $345.4M (GAAP) from $313.7M.
- Quarterly dividend raised to $0.075/share (from $0.045) in Dec 2025; next payment July 31, 2026; $39.3M available for buybacks.
- Immersion owns 32.6% of Barnes & Noble Education (11.2M shares); BNED recently initiated a $0.08 quarterly dividend.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058811/000119312526316971/0001193125-26-316971-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058811/000119312526316971/immr-20260727.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-316971

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer