Immersion net income drops 90% to $9.21 million in FY26; revenue rises 11.23% to $1.73 billion
IMMR•FY26 results and cash flow
- Immersion posted net income of USD 9.21 million in fiscal 2026, down 90% from the prior year.
- Operating income fell 78% to USD 25.91 million as revenue rose to USD 1.73 billion from USD 1.56 billion.
- Royalty and license revenue slid 79% to USD 15.92 million, driven by a 95% fall in fixed-fee license revenue to USD 2.96 million.
- Barnes & Noble Education revenue rose to USD 1.71 billion; product and other sales were USD 1.56 billion, rental income was USD 150.41 million.
- Cash from operations turned positive to USD 59.07 million; cash, cash equivalents, and current investments increased to USD 180.5 million.
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