Filing Flows › Immersion (IMMR) › Q1 FY27
Immersion (IMMR) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Sep 14, 2026
Immersion (IMMR) reported revenue of $294M for the first quarter fiscal 2027 (Q1 FY27), +0.8% from a year earlier and +9% from the quarter before. Operating margin was -6.8%, net loss $4.6M (1.5% of revenue).
Immersion, Q1 FY27: revenue $294M (+0.8% year over year), operating margin -6.8%, net loss $4.6M, operating cash flow −$43.6M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $294M | +9% | +0.8% |
| Operating profit | −$20.0M | -377% | — |
| Net earnings | −$4.6M | -222% | — |
| Operating cash flow | −$43.6M | -152% | — |
What changed
Revenue was $294.4M in Q1 FY27, up 1% year over year and up 9% from the previous quarter. Barnes and Noble Education Segment was the largest line at 99% of revenue. Barnes and Noble Education Segment added $2.4M year over year (up 1%), 103% of the total change. Immersion Segment declined 2%.
Operating costs exceeded revenue by $20.0M, an operating margin of -6.8%. Total costs fell 1% while revenue rose 1%. The quarter ended with a net loss of $4.6M, after a profit of $6.2M the previous quarter. Minority interests bore $9.4M of it: to shareholders the quarter was a profit of $4.9M. Non-operating items added $13.3M, -199% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$43.6M. Non-cash charges added back $10.2M of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items used $51.3M. Capital expenditures of $3.5M exceeded it, leaving free cash flow of −$47.1M.
Questions
What was Immersion's revenue in the first quarter fiscal 2027?
Immersion (IMMR) reported revenue of $294M for the first quarter fiscal 2027 (Q1 FY27), +0.8% from a year earlier and +9% from the quarter before.
Was Immersion profitable in the first quarter fiscal 2027?
Operating loss was $20.0M (-6.8% of revenue) and net loss $4.6M.
Source: Immersion 10-Q on SEC EDGAR.