Neonode Q2 FY26 operating loss widens to $2.1 million; revenue falls 20.4% to $0.5 million - NEON News | RalliesNeonode Q2 FY26 operating loss widens to $2.1 million; revenue falls 20.4% to $0.5 million
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NEON• Q2 revenue declines as operating loss widens
- Neonode posted Q2 revenue of USD 0.5 million, down 20.4% year over year.
- Operating loss widened to USD 2.1 million, or USD 0.13 per share; operating expenses rose 3.2% to USD 2.8 million.
- License revenue climbed 9.2% to USD 0.4 million, while non-recurring engineering revenue fell 81.5% to USD 36,000 on decreased project deliveries.
- Cash used in operations increased to USD 1.9 million; cash and accounts receivable totaled USD 21.7 million at June 30, 2026.
- CEO Daniel Alexus said MultiSensing license revenue grew more than fivefold, citing an automotive customer’s production ramp-up and broader adoption.
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