Vislink Technologies (VISL) Q3 2026 earnings summary

Executive summary

• Nine-month revenue rose 19.7% to $15.8M; non-GAAP EBITDA loss narrowed to $0.2M from $6.0M, and net loss narrowed to $1.0M from $7.3M.

• Q3 revenue increased 19.8% YoY to $4.6M, while falling 22.2% QoQ; Q3 gross margin expanded to 58.7% from 44.2% YoY.

Financial highlights

• Q3 operating expenses were $3.5M, down 13.2% YoY; nine-month expenses were $10.7M, down 30.1%, including G&A down 33.8%.

• Q3 loss from operations narrowed 66.1% to $0.8M; net loss was $0.8M, or $0.30 per share, versus $2.3M, or $0.91 per share, in Q3 2025.

• Nine-month loss from operations was $1.1M versus $7.8M; net loss attributable to common shareholders was $1.0M versus $7.3M.

• Nine-month cash used in operating activities was $2.1M, primarily reflecting working-capital timing, higher inventories, and lower customer deposits and deferred revenue.

Outlook and guidance

• Management expects higher revenue and profitability in 2027 as new products and programs deploy and the restructured cost base provides operating leverage.

• Several Q3 opportunities delayed into Q4 are expected to close; near-term priorities include pipeline conversion, working-capital discipline, and restoring EBITDA profitability.

• Tactical 5G Node production is targeted for 2027; Q4 customer demonstrations and validation are underway, with production targeted for 2027.