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Netlist (NLST) R&D spending by quarter

Netlist's R&D spending was $1.1M in Q2 2026 (second quarter 2026), -5% from Q1 2026. Over the last 7 quarters it ranged from $822K (Q3 2025) to $1.1M (Q1 2026).

Netlist R&D spending by quarterNetlist R&D spending by quarter$1.1MQ4 2024$893KQ1 2025$833KQ2 2025$822KQ3 2025$948KQ4 2025$1.1MQ1 2026$1.1MQ2 2026
QuarterR&D spendingQ/QY/Y
Q2 2026$1.1M-5%+26%
Q1 2026$1.1M+16%+23%
Q4 2025$948K+15%-12%
Q3 2025$822K-1%—
Q2 2025$833K-7%—
Q1 2025$893K-17%—
Q4 2024$1.1M——

Q2 2026 at a glance

Netlist, Q2 2026: revenue $110M (+163% year over year), operating margin 1.2%, net earnings $1.4M, operating cash flow $3.3M. The chart follows the revenue to costs, profit and cash.

Questions

What is Netlist's R&D spending?

Netlist's R&D spending was $1.1M in Q2 2026 (second quarter 2026), -5% from Q1 2026.

How has Netlist's R&D spending changed?

Over the last 7 quarters it ranged from $822K (Q3 2025) to $1.1M (Q1 2026).

Q2 2026 results → · How Netlist makes money →