Revenue: As of FY2026 Q3, the actual value is USD 9.074 M.

EPS: As of FY2026 Q3, the actual value is USD 0.18.

EBIT: As of FY2026 Q3, the actual value is USD 1.533 M.

Net Income

GAAP net income attributable to 旭明光电 (SemiLEDs Corporation) stockholders for the third quarter of fiscal 2026 was $1.5 million, which is an improvement compared to a net loss of - $603 thousand in the second quarter of fiscal 2026.

Gross Margin

GAAP gross margin for the third quarter of fiscal 2026 was 27%, an increase from 1% for the second quarter of fiscal 2026.

Operating Margin

Operating margin for the third quarter of fiscal 2026 was 16%, significantly up from -79% for the second quarter of fiscal 2026.

Cash and Cash Equivalents

Cash and cash equivalents were $6.0 million at May 31, 2026, an increase from $4.0 million at the end of the second quarter of fiscal 2026.

Operating Expenses

• Research and Development: Research and development expenses were $363 thousand for the third quarter of fiscal 2026, compared to $276 thousand for the second quarter of fiscal 2026.
• Selling, General and Administrative: Selling, general and administrative expenses were $681 thousand for the third quarter of fiscal 2026, compared to $575 thousand for the second quarter of fiscal 2026.
• Total Operating Expenses: Total operating expenses amounted to $1,045 thousand for the third quarter of fiscal 2026, compared to $851 thousand for the second quarter of fiscal 2026.

Income (Loss) from Operations

Income from operations was $1,415 thousand for the third quarter of fiscal 2026, showing a notable improvement from a loss of - $845 thousand in the second quarter of fiscal 2026.

Other Income (Expenses)

• Investment Loss from Unconsolidated Entities: Investment loss from unconsolidated entities was - $2 thousand for the third quarter of fiscal 2026, compared to - $6 thousand for the second quarter of fiscal 2026.
• Interest Expenses, Net: Net interest expenses were - $10 thousand for the third quarter of fiscal 2026, compared to - $22 thousand for the second quarter of fiscal 2026.
• Other Income, Net: Other income, net, was $270 thousand for the third quarter of fiscal 2026, compared to $275 thousand for the second quarter of fiscal 2026.
• Foreign Currency Transaction (Loss) Gain, Net: Foreign currency transaction (loss) gain, net, was - $150 thousand for the third quarter of fiscal 2026, compared to - $5 thousand for the second quarter of fiscal 2026.
• Total Other Income, Net: Total other income, net, was $108 thousand for the third quarter of fiscal 2026, compared to $242 thousand for the second quarter of fiscal 2026.

Income (Loss) Before Income Taxes

Income before income taxes was $1,523 thousand for the third quarter of fiscal 2026, compared to a loss of - $603 thousand for the second quarter of fiscal 2026.

Balance Sheet Highlights

• Total Assets: Total assets were $17,543 thousand at May 31, 2026, an increase from $16,260 thousand at February 28, 2026.
• Total Liabilities: Total liabilities were $14,464 thousand at May 31, 2026, a decrease from $14,756 thousand at February 28, 2026.
• Total Shareholders’ Equity: Total shareholders’ equity was $3,079 thousand at May 31, 2026, compared to $1,504 thousand at February 28, 2026.

Outlook

旭明光电 (SemiLEDs Corporation) anticipates an increase in buy-sell purchase orders during the fourth quarter of fiscal 2026. This expectation is driven by the higher revenue observed in the third quarter of fiscal 2026, which was a result of increased buy-sell orders.