Filing Flows › SemiLEDs (LEDS) › Q3 FY26 › vs Q2 FY26
SemiLEDs (LEDS) Q3 FY26 vs Q2 FY26 (quarter over quarter)
SemiLEDs's revenue rose $8.0M (+753%) from $1.1M in Q2 FY26 to $9.1M in Q3 FY26. Gross margin 27.1% against 0.6% (+26.5 pts).
SemiLEDs, Q3 FY26: revenue $9.1M (-49% year over year), operating margin 15.6%, net earnings $1.5M, operating cash flow $2.2M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 27.1% | 0.6% | +26.5 pts |
| Operating margin | 15.6% | -79.4% | +95.0 pts |
| Net margin | 16.8% | -56.7% | +73.5 pts |
| Free cash flow margin | 23.3% | 111.7% | -88.5 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $9.1M | $1.1M | $8.0M | +753% |
| Gross profit | $2.5M | $6K | $2.5M | 410× |
| Cost of revenue | $6.6M | $1.1M | $5.6M | +525% |
| Other income, net | $108K | $242K | −$134K | -55% |
| Operating profit | $1.4M | −$845K | $2.3M | — |
| Operating expenses | $1.0M | $851K | $194K | +23% |
| Pre-tax earnings | $1.5M | −$603K | $2.1M | — |
| Research & development | $363K | $276K | $87K | +32% |
| SG&A | $681K | $575K | $106K | +18% |
| Net earnings | $1.5M | −$603K | $2.1M | — |
| Depreciation & amortization | $172K | $174K | −$2K | -1% |
| Share-based compensation | $43K | $42K | $1K | +2% |
| Working capital & other | $459K | $1.6M | −$1.1M | -71% |
| Operating cash flow | $2.2M | $1.2M | $994K | +83% |
| Free cash flow (OCF − capex) | $2.1M | $1.2M | $921K | +77% |
| Capital expenditures | $87K | $14K | $73K | +521% |
Questions
How much did SemiLEDs's revenue grow quarter over quarter in Q3 FY26?
SemiLEDs's revenue rose $8.0M (+753%) from $1.1M in Q2 FY26 to $9.1M in Q3 FY26. Gross margin 27.1% against 0.6% (+26.5 pts).