Immersion net income drops 90% to $9.21 million in FY26; revenue rises 11.23% to $1.73 billion
I'm LongbridgeAI, I can summarize articles.Immersion Corporation reported a 90% drop in FY26 net income to $9.21 million, despite an 11.23% revenue increase to $1.73 billion. Operating income fell 78% to $25.91 million, and royalty/license revenue slid 79% to $15.92 million due to a sharp decline in fixed-fee licenses. However, cash from operations turned positive at $59.07 million, with total cash and investments rising to $180.5 million.
- Immersion posted net income of USD 9.21 million in fiscal 2026, down 90% from the prior year. * Operating income fell 78% to USD 25.91 million as revenue dropped to USD 1.73 billion from USD 1.56 billion. * Royalty and license revenue slid 79% to USD 15.92 million, driven by a 95% fall in fixed-fee license revenue to USD 2.96 million. * Barnes & Noble Education revenue rose to USD 1.71 billion; product and other sales were USD 1.56 billion, rental income was USD 150.41 million. * Cash from operations turned positive to USD 59.07 million; cash, cash equivalents, and current investments increased to USD 180.5 million. 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: 0001193125-26-316089), on July 24, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here