SemiLEDs Q3 Revenue Surges to $9.1M, Swings to Profitability
LEDS sits 51% above its 52-week low of $1.01 on light trading volume (0.2× avg).
Summary
SemiLEDs Q3 FY2026 revenue surged to $9.1M from $1.1M sequentially, swinging to a $1.5M profit. Gross margin hit 27%, cash rose to $6M, and more buy-sell orders are expected in Q4.
Key Events · Earnings and Guidance · LEDS
-
Revenue Surges to $9.1M
Q3 FY2026 revenue of $9.1 million, up from $1.1 million in Q2, driven by buy-sell equipment purchase orders.
-
Swings to Profitability
GAAP net income of $1.5 million ($0.18 per diluted share) vs. a net loss of $603 thousand in the prior quarter.
-
Margins Expand Dramatically
Gross margin improved to 27% from 1%; operating margin turned positive at 16% from negative 79%.
-
Cash Position Strengthens
Cash and cash equivalents increased to $6.0 million at May 31, 2026, from $4.0 million at the end of Q2.
Analysis · LEDS · Manufacturing
A dramatic sequential turnaround in Q3 FY2026 saw SemiLEDs' revenue surge to $9.1 million from $1.1 million in the prior quarter, fueled by buy-sell equipment orders. The company swung to a GAAP net income of $1.5 million, or $0.18 per diluted share, from a loss of $603 thousand. Gross margin expanded to 27% from 1%, and operating margin turned positive at 16% from negative 79%. Cash and cash equivalents increased to $6.0 million from $4.0 million. This sharp improvement arrives after a going concern warning and Nasdaq listing non-compliance disclosed in the last 10-Q, making it a critical survival signal. More buy-sell orders are expected in Q4, suggesting the revenue spike may have follow-through.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 36.3% of the 1065 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, LEDS was trading at $1.53 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $12.6M. The 52-week trading range was $1.01 to $3.37. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.