Immersion Q3 FY26 turns to net loss of $10.13 million; revenue rises 10.02% to $518.49 million
Immersion Corporation IMMR | 0.00 |
- Immersion posted net loss of USD 10.13 million for three months ended Jan. 31, 2026, swinging from net income of USD 43.23 million a year earlier as operating income fell 86% to USD 4.99 million.
- Revenue rose 10% to USD 518.49 million, driven by Barnes & Noble Education revenue up 11% to USD 515.09 million.
- Royalty and license revenue dropped 60% to USD 3.4 million, reflecting lower fixed-fee license revenue on fewer one-time perpetual license agreements.
- Interest income and other income (expense), net turned to a loss of USD 4.44 million from income of USD 14.8 million, on a USD 6 million net loss versus a USD 12.5 million net gain in marketable equity securities and derivative instruments.
- Cash, cash equivalents, and investments-current increased to USD 177.9 million as of Jan. 31, 2026 from USD 161.4 million at April 30, 2025; board raised quarterly dividend to USD 0.075 per share in December 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Immersion Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-201951), on May 04, 2026, and is solely responsible for the information contained therein.
