Filing Flows › Immersion (IMMR) › Q4 FY26
Immersion (IMMR) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Jul 24, 2026
Immersion (IMMR) reported revenue of $270M for the fourth quarter fiscal 2026 (Q4 FY26), -5% from a year earlier and -48% from the quarter before. Operating margin was 2.7%, net earnings $3.7M (1.4% of revenue).
Immersion, Q4 FY26: revenue $270M (-5% year over year), operating margin 2.7%, net earnings $3.7M, operating cash flow $83.8M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $270M | -48% | -5% |
| Operating profit | $7.2M | +45% | — |
| Net earnings | $3.7M | — | — |
| Operating cash flow | $83.8M | — | +67% |
| Free cash flow | $79.4M | — | +69% |
What changed
Revenue was $270.0M in Q4 FY26, down 5% year over year and down 48% from the previous quarter. Barnes and Noble Education Segment was the largest line at 99% of revenue.
Operating profit was $7.2M, a 2.7% margin (up 3.1 points year over year). Total costs fell 8% while revenue fell 5%. Net earnings were $3.7M. The effective tax rate was 33.2%. Non-operating items added $2.0M, 22% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $83.8M (up 67% year over year), 1357% of net income including minority interests. Non-cash charges added back $11.0M of depreciation and amortization and $1.8M of share-based compensation. Working capital and other items added $64.9M. Capital expenditures of $4.4M left free cash flow of $79.4M.
Questions
What was Immersion's revenue in the fourth quarter fiscal 2026?
Immersion (IMMR) reported revenue of $270M for the fourth quarter fiscal 2026 (Q4 FY26), -5% from a year earlier and -48% from the quarter before.
Was Immersion profitable in the fourth quarter fiscal 2026?
Operating profit was $7.2M (2.7% of revenue) and net earnings $3.7M.
Source: Immersion 10-K on SEC EDGAR.