Canada's POET Technologies Q4 net loss widens

POET Technologies

31/03/2026 21:49

Overview

Canada photonic chipmaker's Q4 revenue rose yr/yr

Q4 net loss widened, driven by non-cash derivative warrant liability adjustment

Company raised $225 mln in Q4 and $150 mln in January, boosting cash to $430 mln

Outlook

POET expects to ship over 30,000 optical engines in 2026

Company to begin high-volume production of light source products in Q2 and 800G optical engines in Q3

Company sees accelerating demand for ELSFP optical engines in both high-speed and high-power applications

Result Drivers

COMMERCIAL ORDERS - Q4 revenue growth driven by initial production order for POET Infinity optical engines and increased customer validation

MANUFACTURING SCALE-UP - Co said capital raised in Q4 is being used to accelerate manufacturing readiness and support high-volume production

NON-CASH EXPENSES - Q4 net loss widened mainly due to non-cash fair value adjustment to derivative warrant liability

Company press release: ID:nGNX2wdSWM

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
-$0.32
Q4 Net Income
-$42.7 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the semiconductors peer group is "buy"

Wall Street's median 12-month price target for POET Technologies Inc is $7.65, about 50.6% above its March 30 closing price of $5.08

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(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.)