Immersion Corp income statement
In fiscal 2026, Immersion Corp reported revenue of $1.73bn, up 11.2% on the year before, operating income of $25.9m (a 1.5% margin) and net income of $4.5m, or $0.14 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Dec 2009 | 2011Dec 2010 | 2012Dec 2011 | 2013Dec 2012 | 2014Dec 2013 | 2015Dec 2014 | 2016Dec 2015 | 2017Dec 2016 | 2018Dec 2017 | 2019Dec 2018 | 2020Dec 2019 | 2021Dec 2020 | 2022Dec 2021 | 2023Dec 2022 | 2024Dec 2023 | 2025Apr 2025 | 2026Apr 2026 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 28 | 31 | 31 | 32 | 47 | 53 | 63 | 57 | 35 | 111 | 36 | 30 | 35 | 38 | 34 | 1,556 | 1,731 | 1,733 |
| Cost of revenue | 8 | 3 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — | — |
| Gross profit | 19 | 28 | 29 | 31 | 47 | 52 | 63 | 57 | 35 | 111 | 36 | 30 | 35 | 38 | — | — | — | — |
| Research and development | 12 | 9 | 8 | 8 | 11 | 12 | 15 | 13 | 12 | 10 | 8 | 5 | 4 | 1 | 0 | — | — | — |
| Selling and marketing | 13 | 8 | 7 | 7 | 9 | 11 | 15 | 15 | 14 | 6 | 6 | 5 | 3 | 1 | 2 | — | — | — |
| General and administrative | 22 | 15 | 16 | 22 | 23 | 24 | 29 | 44 | 53 | 42 | 43 | 18 | 10 | 11 | 14 | — | — | — |
| Operating income | −30 | −5 | −2 | −7 | 4 | 6 | 5 | −15 | −45 | 53 | −21 | 2 | 18 | 24 | 18 | 118 | 26 | 32 |
| Interest expense | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0 | 14 | 12 | 11 |
| Net interest income | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 25 | 16 | 12 | 20 |
| Income before tax | −29 | −5 | −2 | −7 | 4 | 6 | 4 | −15 | −45 | 55 | −20 | 3 | 17 | 27 | 43 | 119 | 26 | 41 |
| Income tax | −0 | 2 | 2 | 1 | −36 | 2 | 2 | 26 | 0 | 0 | 0 | −2 | 5 | −4 | 9 | 26 | 17 | 22 |
| Net income | −28 | −6 | −3 | −7 | 40 | 4 | 3 | −39 | −45 | 54 | −20 | 5 | 12 | 31 | 34 | 64 | 5 | 10 |
| Diluted EPS | −$1.01 | −$0.21 | −$0.12 | −$0.26 | $1.37 | $0.14 | $0.10 | −$1.37 | −$1.55 | $1.73 | −$0.64 | $0.19 | $0.39 | $0.92 | $1.04 | $1.90 | $0.14 | $0.31 |
| Diluted shares (average) | — | 28m | 29m | 28m | 29m | 29m | 29m | 29m | 29m | 31m | 32m | 28m | 32m | 34m | 33m | 33m | 33m | 33m |
| EBITDA | −29 | −4 | −1 | −6 | 4 | 6 | 6 | −14 | −44 | 54 | −19 | 4 | 19 | 25 | 18 | 153 | 69 | 75 |
| Quarter | 2025 Q2Oct 2024 | 2025 Q3Jan 2025 | 2025 Q4Apr 2025 | 2026 Q1Jul 2025 | 2026 Q2Oct 2025 | 2026 Q3Jan 2026 | 2026 Q4Apr 2026 | 2027 Q1Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 616 | 471 | 285 | 292 | 650 | 518 | 270 | 294 |
| Operating income | 70 | 35 | −1 | −26 | 40 | 5 | 7 | −20 |
| Interest expense | 5 | 4 | 3 | 3 | 3 | 4 | 2 | 2 |
| Net interest income | 4 | 15 | −14 | 8 | 5 | −4 | 4 | 15 |
| Income before tax | 69 | 46 | −18 | −21 | 42 | −3 | 9 | −7 |
| Income tax | 5 | 3 | 8 | −8 | 15 | 7 | 3 | −2 |
| Net income | 31 | 24 | −18 | −1 | 12 | −10 | 4 | 5 |
| Diluted EPS | $0.93 | $0.73 | −$0.60 | −$0.03 | $0.36 | −$0.31 | $0.12 | $0.17 |
| EBITDA | 80 | 45 | 9 | −16 | 51 | 16 | 18 | −10 |
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