In Q1 FY2026 (ended March 28, 2026), Netlist reported revenue of $104.9 million, up 262% year-over-year. Net income was $8.6 million, compared to a loss in the prior year, with diluted EPS of $0.03. Operating income was $8.6 million, and the company held $17.0 million in cash with $10.4 million in equity.
•Revenue surged 262% YoY to $104.9 million.
•Net income of $8.6 million, a 191% improvement YoY.
•Diluted EPS of $0.03, up 200% YoY.
•Cash and equity stood at $17.0 million and $10.4 million, respectively.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Netlist designs, manufactures, and markets memory subsystems for the server, high-performance computing, and communications markets in the United States and globally. The company portfolio of proprietary technologies and design techniques includes planar design, alternative packaging techniques, and custom semiconductor logic to deliver memory subsystems sells specialty memory modules and flash-based products for use in data center and industrial applications.
It resells component products, including solid state drive (SSD), dynamic random-access memory, NAND flash, and dual inline memory module (DIMM) to storage customers, appliance customers, system builders, and cloud and datacenter customers
Sells component inventory to distributors and users of memory integrated circuits. The company markets and sells its products through a direct sales force and a network of independent sales representatives. Incorporated in 2000, Netlist is headquartered in Irvine, California.
Netlist designs, manufactures, and markets memory subsystems for the server, high-performance computing, and communications markets. The company's proprietary technologies include planar design, alternative packaging techniques, and custom semiconductor logic to deliver advanced memory subsystems. Netlist also sells specialty memory modules and flash-based products for data center and industrial applications. Additionally, it resells component products such as solid state drives (SSDs), dynamic random-access memory (DRAM), NAND flash, and dual inline memory modules (DIMMs) to storage customers, appliance customers, system builders, and cloud and datacenter customers. The company also sells component inventory to distributors and users of memory integrated circuits.
Where is Netlist (NLST) listed and what currency is used?
Netlist is listed on the OTC Markets OTCQB exchange under the ticker symbol NLST. The company trades in US dollars (USD). As an OTC-listed stock, it is traded in the United States over-the-counter market, which provides a platform for smaller or less liquid companies. Investors should be aware that OTC stocks may have different reporting requirements and liquidity compared to major exchanges like the NYSE or Nasdaq.
What sector and industry does Netlist (NLST) operate in?
Netlist operates in the Technology sector, specifically within the Electronics & Computer Distribution industry. This industry involves the distribution of electronic components and computer hardware. Netlist's focus on memory subsystems and flash-based products places it at the intersection of hardware design and distribution, serving markets that require high-performance computing and data storage solutions.
Where is Netlist (NLST) headquartered and what markets does it serve?
Netlist is headquartered in Irvine, California, United States. The company serves customers both domestically and globally, with a focus on the server, high-performance computing, and communications markets. Its products are used in data centers and industrial applications worldwide. Netlist markets and sells its products through a direct sales force and a network of independent sales representatives, allowing it to reach a broad range of customers including storage and appliance customers, system builders, and cloud and datacenter operators.
How does Netlist (NLST) make money?
Netlist generates revenue through two primary channels: the sale of its own proprietary memory subsystems and the resale of component products. The company designs and manufactures memory subsystems using its proprietary technologies, which it sells to server, high-performance computing, and communications customers. Additionally, Netlist resells component products such as SSDs, DRAM, NAND flash, and DIMMs to storage customers, appliance customers, system builders, and cloud/datacenter customers. It also sells component inventory to distributors and users of memory integrated circuits. This dual approach allows Netlist to leverage both its design capabilities and its distribution network.