Business
Interlink Electronics Reports First Quarter 2026 Results
FREMONT, Calif., May 14, 2026 (GLOBE NEWSWIRE) -- Interlink Electronics, Inc. (Nasdaq: LINK) (“Interlink” or the “Company”), a global leader in sensor
About this update from Interlink Electronics, Inc.
[{"type":"text","content":"FREMONT, Calif., May 14, 2026 (GLOBE NEWSWIRE) -- Interlink Electronics, Inc. (Nasdaq: LINK) (“Interlink” or the “Company”), a global leader in sensor technology and printed electronic solutions, today reported results for the first quarter ended March 31, 2026. Q1 2026 and Recent Highlights We recently announced a non-binding letter of intent to acquire an established provider of high-performance manufacturing solutions serving mission-critical sectors such as semiconductor, defense, laser and photonics, commercial high-tech, and aerospace.In Q1, revenue grew by 15% year over year, and gross margins improved by 8 percentage points to 43%.We are leveraging our expertise in printed electronics to develop electrodes for intelligent test strips used in connected point-of-care and home-testing platforms. As a strategic manufacturing partner for these electrodes, we anticipate the first product will enter clinical trials soon, with initial production later this year, if successful, and significant volume expected in 2027.We have begun developing the third generation of a wearable product that uses our proprietary conductive transfer process in an FDA-approved muscle stimulation device. Our technology enhances patient comfort and supports the high success rate of this therapeutic device.We plan to launch a new R&D and production facility in South Yorkshire, England at the beginning of July to advance our Conductive Transfer technology for smart textiles and wearable devices. “I’m excited about our recent commercial momentum and acquisition activity,” said Steven N. Bronson, Chairman, President, and CEO. “We are positioning the business for the next level by capitalizing on our diversified technology offerings, global customers, and footprint.” Consolidated Financial Results (Amounts in thousands except per share data and percentages) Three Months Ended March 31, 2026 2025 $ ∆ % ∆Revenue$3,074 $2,664 $410 15.4%Gross profit$1,336 $949 $387 40.8%Gross margin 43.5% 35.6% Loss from operations$(450) $(849) $399 47.0%Net loss$(338) $(805) $467 58.0%Net loss applicable to common stockholders$(338) $(905) $567 62.7%Earnings (loss) per common share – diluted$(0.02) $(0.06) $0.04 66.7%Adjusted EBITDA$(168) $(623) $455 73.0% Revenue for the first quarter of 2026 increased 15% to $3.07 million, compared to $2.66 million in the first quarter of 202...