Aeluma Q4 revenue falls on R&D contracts

Aeluma

16/09/2026 21:42

Overview
US semiconductor firm's Q4 revenue fell yr/yr, driven by R&D contracts
Net loss and adjusted EBITDA loss widened due to investments in hiring and manufacturing
Company signed CHIPS LOI for up to $30 mln and expanded Sumitomo partnership

Outlook
Company says fiscal 2027 will focus on technology and product development and customer engagement expansion
Aeluma is negotiating NRE agreements with prospective customers in the AI datacom industry
Company says CHIPS R&D funding, if finalized, could accelerate commercialization timeline

Result Drivers
INVESTMENTS IN TEAM AND MANUFACTURING - Co said increased net loss and adjusted EBITDA loss were due to investments in hiring and manufacturing readiness
NEW CONTRACTS AND PARTNERSHIPS - Co executed six new contracts totaling $5.3 mln and expanded relationships with Tower Semiconductor and Sumitomo Chemical Advanced Technologies
INCREASED MANUFACTURING CAPACITY - Co procured additional MOCVD tools to increase wafer production for non-InP platforms

Company press release: ID:nGNX66Ppp2

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
 
$600,000
$575,000 (2 Analysts)
Q4 Loss Per Share
 
$0.22
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
Wall Street's median 12-month price target for Aeluma Inc is $30.00, about 128.5% above its September 15 closing price of $13.13

Reuters Recommended Reads
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Sept 16 - Smaller phone and laptop makers dig in for years of memory scarcity
Sept 14 - ASML examining ways it can make more than 110 EUV tools in 2028, JPMorgan says

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)