Interlink Electronics (LINK) Q4 2025 earnings summary

Executive summary

• Volume production began for a custom piezoelectric sensor in the autonomous vehicle market.

• Second-generation FSR solution shipped for a leading robotic-assisted surgery platform.

• Expanded presence in healthcare diagnostics and added two senior business development directors.

• Preferred stock converted to common, eliminating $400,000 in annual dividends.

Financial highlights

• Q4 2025 revenue decreased 5% year-over-year to $2.85 million, mainly due to lower force-sensing product shipments.

• Gross margin for Q4 2025 was 31.7%, down from 39.6% in Q4 2024, impacted by product mix and currency effects.

• Net loss for Q4 2025 was $574,000, compared to $413,000 in Q4 2024.

• Adjusted EBITDA for Q4 2025 was $(511,000), compared to $(233,000) in Q4 2024.

• Full-year 2025 revenue rose 1.8% to $11.89 million; net loss narrowed to $1.62 million from $1.98 million in 2024.

Outlook and guidance

• Management expresses confidence in organic growth for 2026 and 2027 and is actively pursuing acquisitions.