SEMILEDS CORPORATION
Income Statement
| Line Item | May 2026 | Feb 2026 | Nov 2025 | Aug 2025 | May 2025 | Feb 2025 | Nov 2024 | Aug 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.1M | $1.1M | $2.6M | $13.2M | $17.7M | $10.9M | $1.3M | $1.3M |
| Cost of Revenue | $6.6M | $1.1M | $2.6M | $13.0M | $16.7M | $9.9M | $1.0M | $1.2M |
| Gross Profit | $2.5M | $6.0K | $18.0K | $229.0K | $939.0K | $1.0M | $260.0K | $153.0K |
| Gross Margin | 27.1% | 0.6% | 0.7% | 1.7% | 5.3% | 9.2% | 20.6% | 11.6% |
| Operating Expenses | ||||||||
| Research & Development | $363.0K | $276.0K | $356.0K | $362.0K | $292.0K | $279.0K | $221.0K | $217.0K |
| SG&A Expense | $681.0K | $575.0K | $703.0K | $853.0K | $709.0K | $614.0K | $696.0K | $760.0K |
| Operating Income | $1.4M | $-845.0K | $-1.0M | $-986.0K | $-62.0K | $110.0K | $-657.0K | $-825.0K |
| Operating Margin | 15.6% | -79.4% | -39.4% | -7.5% | -0.4% | 1.0% | -52.1% | -62.3% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $1.5M | $-603.0K | $-742.0K | $-1.2M | $223.0K | $388.0K | $-547.0K | $-562.0K |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $1.5M | $-603.0K | $-742.0K | $-1.2M | $223.0K | $388.0K | $-547.0K | $-560.0K |
| Net Margin | 16.8% | -56.7% | -28.9% | -9.0% | 1.3% | 3.6% | -43.4% | -42.3% |
| EPS (Basic) | $0.18 | $-0.07 | $-0.09 | $-0.15 | $0.03 | $0.05 | $-0.08 | $-0.05 |
| EPS (Diluted) | $0.18 | $-0.07 | $-0.09 | $-0.15 | $0.03 | $0.05 | $-0.08 | $-0.05 |
| Shares Outstanding (Basic) | 8.3M | 8.3M | 8.2M | 7.7M | 7.2M | 7.2M | 7.2M | 6.3M |
| Shares Outstanding (Diluted) | 8.3M | 8.3M | 8.2M | 7.7M | 7.2M | 7.2M | 7.2M | 6.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |