Filing Flows › SemiLEDs (LEDS) › Q3 FY26 › vs Q3 FY25
SemiLEDs (LEDS) Q3 FY26 vs Q3 FY25 (year over year)
SemiLEDs's revenue fell $8.6M (-49%) from $17.7M in Q3 FY25 to $9.1M in Q3 FY26. Gross margin 27.1% against 5.3% (+21.8 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 Q3 FY25, the increases inside each band.
Margins
| Q3 FY26 | Q3 FY25 | Change | |
|---|---|---|---|
| Gross margin | 27.1% | 5.3% | +21.8 pts |
| Operating margin | 15.6% | -0.4% | +15.9 pts |
| Net margin | 16.8% | 1.3% | +15.5 pts |
| Free cash flow margin | 23.3% | 2.2% | +21.1 pts |
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $9.1M | $17.7M | −$8.6M | -49% |
| Gross profit | $2.5M | $939K | $1.5M | +162% |
| Cost of revenue | $6.6M | $16.7M | −$10.1M | -60% |
| Other income, net | $108K | $285K | −$177K | -62% |
| Operating profit | $1.4M | −$62K | $1.5M | — |
| Operating expenses | $1.0M | $1.0M | $44K | +4% |
| Pre-tax earnings | $1.5M | $223K | $1.3M | +583% |
| Research & development | $363K | $292K | $71K | +24% |
| SG&A | $681K | $709K | −$28K | -4% |
| Net earnings | $1.5M | $223K | $1.3M | +583% |
| Depreciation & amortization | $172K | $200K | −$28K | -14% |
| Share-based compensation | $43K | $22K | $21K | +95% |
| Working capital & other | $459K | $248K | $211K | +85% |
| Operating cash flow | $2.2M | $693K | $1.5M | +217% |
| Free cash flow (OCF − capex) | $2.1M | $383K | $1.7M | +451% |
| Capital expenditures | $87K | $310K | −$223K | -72% |
Questions
How much did SemiLEDs's revenue grow year over year in Q3 FY26?
SemiLEDs's revenue fell $8.6M (-49%) from $17.7M in Q3 FY25 to $9.1M in Q3 FY26. Gross margin 27.1% against 5.3% (+21.8 pts).