Netlist returns to quarterly profit as Q1 2026 sales reach $104.9 million
Netlist reported a year-over-year expansion in first-quarter revenue and gross profit and moved from a prior-year quarterly loss to net income.
Evidence notes
- Gross profit reached $22.4 million, up 1,622% from the first quarter of 2025.
- Net income was $8.6 million, or $0.03 per share, versus a $9.5 million loss in the prior-year quarter.
- Compared with the immediately preceding quarter, sales rose from $75.7 million and gross profit rose from $6.9 million.