Netlist, Inc.

Q2 FY2026 EarningsQ2 FY26 significantly beat consensus across all key financial metrics, driven by a 163% YoY surge in net sales to $109.8M vs. $90.0M expected. Gross margin expanded to 21% vs. the 10% consensus, resulting in a positive EBIT of $1.3M compared to an anticipated loss. The subsequent $200M Samsung settlement and $1.5B supply agreement provide a transformative capital infusion and operational visibility for the next five years.