POET Technologies reported $503,389 in NRE and product revenue and a net loss of $12.3 million for the quarter ended March 31, 2026, compared with a $42.7 million loss in Q4 2025 and net income of $6.3 million in Q1 2025. Research and development expenses totalled $4.5 million, while interest income rose to $4.0 million, reflecting growing cash returns.

The company secured an initial $50 million purchase order from Lumilens for EOI-based optical engines, establishing a framework for a supplier relationship that may exceed $500 million in cumulative orders over five years. This supply agreement supports a joint development program aimed at advancing wafer-level photonic integration for frontier AI infrastructure.

POET deepened its AI and data center ecosystem position through partnerships with LITEON Technology to co-develop next-generation optical communication modules and with Lessengers on a 1.6T 2×DR4 optical transceiver platform. These collaborations advance the patented optical interposer roadmap and validate growing demand for integrated photonic solutions.

The decision to relocate and domicile the headquarters in the U.S. aims to eliminate the risk of Passive Foreign Investment Company classification, aligning corporate structure with U.S. customers, partners and investors. This strategic shift positions the company to better meet evolving requirements of the AI networking market.