Interlink Electronics (LINK) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 increased 15% year-over-year to $3.1 million, driven by growth in medical, automotive, force-sensing, and printed electronics products, while industrial and gas-sensing product sales declined.

• Gross margin improved to 43.5% from 35.6% year-over-year, reflecting higher sales and favorable product/customer mix.

• Net loss narrowed to $338,000 from $805,000 in Q1 2025, with EPS at $(0.02) compared to $(0.06) year-over-year.

• Announced a non-binding letter of intent to acquire a high-performance manufacturing solutions provider serving mission-critical sectors.

• Initiatives underway in wearable technology and smart textiles, with a new R&D and production facility planned in South Yorkshire, England.

Financial highlights

• Revenue: $3.1 million in Q1 2026, up from $2.66 million year-over-year.

• Gross profit: $1.34 million (43.5% margin), up from $949,000 (35.6% margin) year-over-year.

• Operating loss: $450,000, improved from $849,000 year-over-year.

• Net loss: $338,000, improved from $805,000 year-over-year.

• Adjusted EBITDA: $(168,000), improved from $(623,000) year-over-year.

Outlook and guidance

• Management expects continued focus on revenue growth in strategic markets, gross margin expansion, and disciplined capital allocation.

• Anticipates initial production of intelligent test strip electrodes later in 2026, with significant volume expected in 2027.

• Plans to launch a new R&D and production facility in South Yorkshire, England in July to advance Conductive Transfer technology.

• Existing cash balances are expected to be sufficient for current operations; additional capital may be sought if circumstances change.