Immersion

Q4 FY2026 EarningsQ4 FY26 results significantly exceeded consensus estimates across all primary GAAP metrics. Total revenue reached $270.0M, drastically outperforming the $3.43M expectation due to the consolidation of Barnes & Noble Education (BNED), which consensus figures appear to have modeled only on a standalone licensing basis. GAAP Net Income of $3.7M ($0.12 EPS) beat the $1.8M ($0.055 EPS) forecast, bolstered by a $12.6M settlement gain. However, standalone haptic royalty revenue was down YoY, and full-year GAAP net income saw a sharp decline compared to FY25.