Netlist swings to Q3 net income of $85.45 million from year-earlier loss

• Netlist swung to third-quarter 2026 net income of $85.45 million from a $7.01 million loss a year earlier.
• Net sales more than doubled year over year to $105.1 million, including initial Samsung license fees.
• Gross margin rose to 65.5% from 4.4% a year earlier, primarily reflecting license fees with no associated costs and higher product margins.
• Quarter-end cash, cash equivalents and restricted cash rose to $327.7 million from June, primarily due to initial and quarterly Samsung payments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Netlist Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA94289) on November 10, 2026, and is solely responsible for the information contained therein.