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Neonode (NEON) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 12, 2026 · Neonode (NEON) Q2 2026 earnings results →
Q2 2026 Revenue down 20% year over year to $477K · 443¢ of every $1 of revenue lost · operating margin -486.6%
Neonode made $477K in Q2 2026 (-20% Y/Y): License Fees $441K, Non-recurring Engineering $36K. Operating margin -486.6%, net loss $2.1M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 12, 2026.
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What changed this quarter
Revenue was $477K in Q2 2026, down 20% year over year and down 22% from the previous quarter. License Fees was the largest line at 92% of revenue. Non-recurring Engineering lost $159K year over year (down 82%), 130% of the total change.
Gross margin was 98.1%, down 0.9 points from Q2 2025. Operating costs exceeded revenue by $2.3M, an operating margin of -486.6%. Operating expenses grew 3% against a revenue fall of 20%. The fastest-growing cost line was Sales & marketing (+24%). The quarter ended with a net loss of $2.1M, wider than the previous quarter's $1.9M loss.
Operating cash flow was −$1.9M. Non-cash charges added back $17K of depreciation and amortization. Working capital and other items added $198K. Capital expenditures of $1K exceeded it, leaving free cash flow of −$1.9M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 12, 2026 | $477K | -20% | -486.6% | −$2.1M | −$1.9M |
| Q1 2026 | 10-Q | May 13, 2026 | $614K | +20% | -337.3% | −$1.9M | −$2.1M |
| Q4 2025 | 10-K | Mar 18, 2026 | $520K | -21% | -454.6% | −$2.1M | −$5.6M |
| Q3 2025 | 10-Q | Nov 6, 2025 | $430K | -49% | n/m | $14.2M | −$1.5M |
| Q2 2025 | 10-Q | Aug 13, 2025 | $599K | -25% | -352.3% | −$1.9M | −$1.8M |
| Q1 2025 | 10-Q | May 14, 2025 | $513K | -37% | -383.0% | −$1.7M | −$1.4M |
| Q4 2024 | 10-K | Mar 21, 2025 | $655K | +76% | -260.2% | −$1.6M | −$1.2M |
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About Neonode
Neonode provides software solutions for machine perception that feature advanced machine learning algorithms to detect and track persons and objects in video streams from cameras and other types of imagers. We base our machine perception solutions on our MultiSensing® technology platform. We market and sell our solutions to customers mainly in the automotive market. However, our solution can also be used in many other markets, and we plan to expand our solutions into new markets in the future. Neonode also provides advanced optical sensing solutions for touch, contactless touch, and gesture sensing using our zForce® technology platform. In 2010, we began licensing to Original Equipment Manufacturers (“OEMs”) and automotive Tier 1 suppliers who embed our technology into products they develop, manufacture, and sell.
In its own words, from its 10-K, filed Mar 18, 2026.
Neonode against its Electronic Components, NEC peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -20% against the peers' median +17%. Operating margin: -486.6% against the peers' median 11.4%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| NEON Neonode | Q2 2026 | $477K | -20% | -486.6% |
| VRT Vertiv Holdings | Q3 2026 | $4.3B | +61% | 22.8% |
| AEIS Advanced Energy Industries | Q3 2026 | $696M | +50% | 20.6% |
| VREX Varex Imaging | Q3 FY26 | $210M | +4% | 10.8% |
| VICR Vicor | Q3 2026 | $197M | +78% | 36.6% |
| PI Impinj | Q3 2026 | $112M | +17% | 4.1% |
| NSYS Nortech Systems | Q2 2026 | $33.5M | +9% | 1.9% |
| MPTI M-tron Industries | Q2 2026 | $15.1M | +14% | 11.4% |
| ESP Espey Manufacturing & Electronics | Q4 FY26 | $13.5M | +40% | 25.8% |
Source: Neonode 10-Q on SEC EDGAR · CIK 87050 · Electronic Components, NEC
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History
Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results