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Netlist Inc (NLST)

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SEC name NETLIST INC · CIK 0001282631 · OTC · Semiconductors & Related Devices

  • Sector Manufacturing
  • Incorporated DE
  • Fiscal year ends around Jan 2

For the year ended 2025-12-27, Netlist Inc reported revenue of $188.63M. Revenue grew 28.2% from the prior annual period. Over the twelve months to 2026-06-27, revenue was $332.69M.

Key ratios (year ended 2025-12-27)

6.1%
Gross margin
-13.5%
Operating margin
-13.2%
Net margin
28.2%
Revenue growth (YoY)

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Latest selected filing: Form 8-K (current report) · 2026-10-06

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-27 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-27		2025-12-272024-12-282023-12-302022-12-312022-01-01, Fiscal 20212021-01-02, Fiscal 20202019-12-282018-12-292017-12-302016-12-31
Revenue$332.69M$188.63M$147.10M$69.20M$161.64M$142.35M$47.23M$26.10M$33.53M$38.32M$19.66M
Cost of Revenue$278.67M$177.19M$144.22M$66.81M$149.75M$93.46M$40.50M$23.53M$31.23M$35.87M$12.26M
Gross Profit$54.02M$11.44M$2.88M$2.39M$11.89M$48.90M$6.73M$2.57M$2.30M$2.46M$7.40M
R&D Expense$3.92M$3.50M$8.06M$9.16M$10.62M$7.24M$2.95M$2.38M$2.90M$5.23M$6.29M
Operating Income$408.0K-$25.51M-$55.23M-$61.76M-$33.50M$11.38M-$6.84M-$11.49M-$16.37M-$12.85M-$11.03M
Depreciation & Amortization$275.0K$280.0K$345.0K$368.0K$340.0K$127.0K$147.0K$172.0K$254.0K$280.0K$287.0K
EBITDA$683.0K-$25.23M-$54.88M-$61.39M-$33.16M$11.51M-$6.69M-$11.32M-$16.12M-$12.57M-$10.75M
Net Income$789.0K-$24.82M-$53.87M-$60.40M-$33.37M$4.83M-$7.27M-$12.45M-$17.12M-$13.42M-$11.23M
EPS (Diluted)n/a-$0.09-$0.21-$0.25-$0.14$0.02-$0.04-$0.08n/an/an/a
Total Assets$73.31M$49.48M$41.84M$72.80M$67.32M$91.18M$25.27M$22.14M$24.86M$18.79M$19.97M
Total Liabilities$50.13M$54.68M$47.89M$49.04M$40.09M$37.13M$27.89M$30.50M$30.54M$24.12M$20.50M
Long-Term Debtn/an/an/an/an/an/a$17.43M$16.64M$18.64M$15.63M$15.49M
Shareholders' Equity$23.18M-$5.20M-$6.05M$23.76M$27.24M$54.04M-$2.62M-$8.36M-$5.67M-$5.33M-$529.0K
Cash & Equivalents$30.66M$31.78M$22.51M$40.45M$25.01M$47.68M$13.33M$8.97M$14.80M$6.72M$9.48M
Operating Cash Flow-$15.52M-$14.73M-$34.59M-$41.60M-$14.99M$6.01M-$8.13M-$11.48M-$10.57M-$11.35M-$20.79M
Capital Expenditures$66.0K$42.0K$71.0Kn/a$467.0K$520.0K$43.0K$83.0K$74.0K$94.0K$346.0K
Free Cash Flow-$15.58M-$14.78M-$34.66Mn/a-$15.46M$5.49M-$8.18M-$11.57M-$10.64M-$11.44M-$21.14M
Shares Outstanding333.89M307.34M271.99M253.59M232.56M230.11M195.98M169.54M139.28M79.31M61.65M
Weighted Average Diluted Sharesn/a286.64M259.90M244.12M231.49M225.59M183.59M148.13Mn/an/an/a
EPS (Basic)n/a-$0.09-$0.21-$0.25-$0.14$0.02-$0.04-$0.08n/an/an/a