Interlink Electronics (LINK) Q3 2025 earnings summary

Executive summary

• Revenue for Q3 2025 increased 10.8% year-over-year to $2.96 million, driven by higher medical and standard product sales, while industrial and automotive revenues declined.

• Net loss for Q3 2025 was $336,000, an improvement from a $523,000 loss in Q3 2024, reflecting higher gross profit and reduced R&D expenses.

• Gross margin for Q3 2025 was 41.8%, slightly up from 41.4% in Q3 2024, due to favorable product and customer mix.

• Completed a 50% common stock dividend and converted all Series A Convertible Preferred Stock into common stock in October 2025, eliminating $400,000 in annual preferred dividends and enhancing liquidity.

• Secured two major U.S. government SBIR grants totaling $375,000 for food safety and quality monitoring innovations.

Financial highlights

• Q3 2025 revenue: $2.96 million (+10.8% YoY); nine-month revenue: $9.04 million (+4.0% YoY).

• Q3 2025 net loss: $336,000; nine-month net loss: $1.04 million.

• Q3 2025 gross profit: $1.24 million (41.8% margin); nine-month gross profit: $3.73 million (41.2% margin).

• Adjusted EBITDA improved to $(62,000) from $(248,000) year-over-year.

• Earnings per share (diluted) improved to $(0.03) from $(0.04) year-over-year.

Outlook and guidance

• Management expects existing cash balances to be sufficient for current operations; may seek additional capital if circumstances change.

• Entering 2026 with strong momentum, aiming for consistent profitability and scale, focusing on organic growth, strategic partnerships, and expanding M&A pipeline.