NLST Q2 FY2026 earnings: revenue beat by 22.1%
Netlist reported Q2 FY2026. Revenue was $109.8M versus $90.0M expected, beat by 22.1%. Gross margin was 20.8%, down 50 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| Revenue | $109.8M | $90.0M | beat by 22.1% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $109.8M | +4.7% | +163.4% |
| Gross profit | $22.9M | +2.2% | +1543.9% |
| Operating income | $1.3M | -92.4% | +121.4% |
| Net income | $1.4M | -83.8% | +123.1% |
| Diluted EPS | $0.00 | -85.0% | +117.3% |
| Gross margin: 20.8%. |
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The trend
Revenue is up 163.4% from the same quarter last year. Gross margin sits at 20.8%, 50 bps off its 8-quarter high.
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How it stacks up
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