Revenue: As of FY2026 Q1, the actual value is USD 3.074 M.EPS: As of FY2026 Q1, the actual value is USD -0.02.EBIT: As of FY2026 Q1, the actual value is USD -452 K.Interlink Electronics, Inc. operates as a single operating and reportable segment focused on the design, development, and manufacture of sensor technologies.<h4>Revenue by Market (Three Months Ended March 31)</h4><ul><li>Medical: Revenue increased by 38.0% to $1,003 thousand (32.6% of total revenue) in 2026, compared to $727 thousand (27.3% of total revenue) in 2025, driven by increased shipments of force-sensing products and Calman subsidiary’s printed electronics due to higher customer demand.</li><li>Industrial: Revenue decreased by -9.7% to $880 thousand (28.6% of total revenue) in 2026, from $975 thousand (36.6% of total revenue) in 2025, due to reduced shipments and lower demand for gas-sensing products.</li><li>Automotive: Revenue increased by 178.1% to $89 thousand (2.9% of total revenue) in 2026, from $32 thousand (1.2% of total revenue) in 2025, attributed to new innovation and automation products.</li><li>Standard Products: Revenue increased by 18.5% to $1,102 thousand (35.8% of total revenue) in 2026, from $930 thousand (34.9% of total revenue) in 2025.</li><li>Total Revenue: Increased by 15.4% to $3,074 thousand in 2026, compared to $2,664 thousand in 2025.</li></ul><h4>Revenue by Geographic Area (Three Months Ended March 31)</h4><ul><li>United States: $1,267 thousand in 2026, up from $1,102 thousand in 2025.</li><li>Asia and Middle East: $645 thousand in 2026, up from $369 thousand in 2025.</li><li>Europe and other: $1,162 thousand in 2026, down from $1,193 thousand in 2025.</li></ul><h4>Operational Metrics (Three Months Ended March 31, 2026 vs. 2025)</h4><ul><li>Cost of Revenue: $1,738 thousand (56.5% of revenue) in 2026, compared to $1,715 thousand (64.4% of revenue) in 2025.</li><li>Gross Profit: Increased by 40.8% to $1,336 thousand (43.5% gross margin) in 2026, from $949 thousand (35.6% gross margin) in 2025, primarily due to higher revenues and favorable changes in product and customer mix.</li><li>Engineering, Research and Development: Decreased by -30.2% to $303 thousand (9.9% of revenue) in 2026, from $434 thousand (16.3% of revenue) in 2025, due to lower employee and consultant compensation costs.</li><li>Selling, General and Administrative: Increased by 8.7% to $1,483 thousand (48.2% of revenue) in 2026, from $1,364 thousand (51.2% of revenue) in 2025, due to slightly higher compensation, professional fees, and consultants.</li><li>Total Operating Expenses: $1,786 thousand (58.1% of revenue) in 2026, compared to $1,798 thousand (67.5% of revenue) in 2025.</li><li>Loss from Operations: Improved to -$450 thousand (-14.6% of revenue) in 2026, from -$849 thousand (-31.9% of revenue) in 2025.</li><li>Other Income (Expense), Net: Increased significantly to $60 thousand (2.0% of revenue) in 2026, from $5 thousand (0.2% of revenue) in 2025, largely due to $52 thousand in foreign currency transaction gains in 2026.</li><li>Loss Before Income Taxes: Improved to -$390 thousand (-12.7% of revenue) in 2026, from -$844 thousand (-31.7% of revenue) in 2025.</li><li>Income Tax Expense (Benefit): -$52 thousand (-1.7% of revenue) in 2026, compared to -$39 thousand (-1.5% of revenue) in 2025.</li><li>Net Loss: Improved to -$338 thousand (-11.0% of revenue) in 2026, from -$805 thousand (-30.2% of revenue) in 2025.</li><li>Net Loss Applicable to Common Stockholders: -$338 thousand in 2026, compared to -$905 thousand in 2025.</li><li>Earnings (Loss) Per Common Share – Basic and Diluted: -$0.02 in 2026, compared to -$0.06 in 2025.</li><li>Weighted Average Common Shares Outstanding – Basic and Diluted: 15,750 thousand in 2026, compared to 14,796 thousand in 2025.</li></ul><h4>Cash Flow (Three Months Ended March 31)</h4><ul><li>Net Cash Used In Operating Activities: -$543 thousand in 2026, compared to -$271 thousand in 2025.</li><li>Net Cash Used In Investing Activities: $0 thousand in 2026, compared to -$29 thousand in 2025, due to purchases of property, plant, and equipment.</li><li>Net Cash Used In Financing Activities: $0 thousand in 2026, compared to -$100 thousand in 2025, due to payment of preferred stock dividends.</li><li>Cash and Cash Equivalents, End of Period: $2,106 thousand as of March 31, 2026, compared to $2,584 thousand as of March 31, 2025.</li><li>Working Capital: $4.4 million as of March 31, 2026.</li><li>Indebtedness: No indebtedness as of March 31, 2026.</li></ul><h4>Unique Metrics</h4><ul><li>Customer Concentration: As of March 31, 2026, one customer accounted for 23% of total accounts receivable. For the three months ended March 31, 2026, Customer A accounted for 17% of total revenues, and Customer B accounted for 12% of total revenues.</li><li>Geographic Long-Lived Assets: As of March 31, 2026, long-lived assets were distributed as follows: United States ($1,045 thousand), Europe ($3,698 thousand), and Asia ($317 thousand).</li></ul><h4>Future Outlook and Strategy</h4>Interlink Electronics, Inc. prioritizes revenue growth in targeted strategic markets, gross margin expansion driven by favorable product mix and operational efficiencies, disciplined capital allocation, and the ongoing advancement of differentiated sensing platforms. The company’s strategy emphasizes higher-margin, application-specific solutions built on scalable technology foundations, with a substantial portion of revenue from custom solutions that often lead to multi-year production programs. The company believes its existing cash and cash equivalents will be sufficient to maintain current operations, but may seek additional capital through equity, equity-linked, or debt financing if circumstances change.

Interlink Electronics | 10-Q: FY2026 Q1 Revenue: USD 3.074 M