netlist - NLST

NLST

Close Chg Chg %
1.56 -0.03 -1.92%

Pre-Market

1.53

-0.03 (1.92%)

Volume: 891.13K

Last Updated:

Apr 1, 2026, 3:59 PM EDT

Company Overview: netlist - NLST

NLST Key Data

Open

$1.65

Day Range

1.50 - 1.65

52 Week Range

0.35 - 1.93

Market Cap

$493.76M

Shares Outstanding

316.52M

Public Float

303.30M

Beta

1.13

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$0.09

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

1.48M

 

NLST Performance

1 Week
 
-12.57%
 
1 Month
 
25.82%
 
3 Months
 
54.31%
 
1 Year
 
75.86%
 
5 Years
 
-8.38%
 

NLST Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 1
Full Ratings ➔

About netlist - NLST

Netlist, Inc. engages in the design, manufacture and sale of memory subsystems for the computing and communications markets. Its products include enterprise SSD, embedded flash, memory module, lightning DDR5 DIMM, SK hynix, AI server. The company was founded by Jayesh Bhakta, Chun Ki Hong and Christopher Lopes in June 2000 and is headquartered in Irvine, CA.

NLST At a Glance

Netlist, Inc.
111 Academy Way
Irvine, California 92617
Phone 1-949-435-0025 Revenue 188.63M
Industry Semiconductors Net Income -24,824,000.00
Sector Electronic Technology 2025 Sales Growth 28.23%
Fiscal Year-end 12 / 2026 Employees 72
View SEC Filings

NLST Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 1.322
Price to Book Ratio N/A
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA -41.954
Enterprise Value to Sales 1.112
Total Debt to Enterprise Value 0.012

NLST Efficiency

Revenue/Employee 2,619,861.111
Income Per Employee -344,777.778
Receivables Turnover 78.237
Total Asset Turnover 4.103

NLST Liquidity

Current Ratio 0.882
Quick Ratio 0.82
Cash Ratio 0.77

NLST Profitability

Gross Margin 6.065
Operating Margin -2.799
Pretax Margin -13.16
Net Margin -13.16
Return on Assets -54.002
Return on Equity N/A
Return on Total Capital 896.173
Return on Invested Capital N/A

NLST Capital Structure

Total Debt to Total Equity N/A
Total Debt to Total Capital -87.834
Total Debt to Total Assets 4.893
Long-Term Debt to Equity N/A
Long-Term Debt to Total Capital -0.83
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Netlist - NLST

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
161.64M 69.20M 147.10M 188.63M
Sales Growth
+13.55% -57.18% +112.56% +28.23%
Cost of Goods Sold (COGS) incl D&A
149.75M 66.81M 144.22M 177.19M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
980.00K 368.00K 345.00K 280.00K
Depreciation
- 368.00K 345.00K 280.00K
Amortization of Intangibles
- - - -
-
COGS Growth
+60.23% -55.38% +115.86% +22.86%
Gross Income
11.89M 2.39M 2.88M 11.44M
Gross Income Growth
-75.68% -79.88% +20.52% +296.67%
Gross Profit Margin
+7.36% +3.46% +1.96% +6.06%
2022 2023 2024 2025 5-year trend
SG&A Expense
45.39M 21.58M 20.15M 16.72M
Research & Development
10.62M 9.16M 8.06M 3.50M
Other SG&A
34.77M 12.41M 12.09M 13.22M
SGA Growth
+21.00% -52.46% -6.60% -17.04%
Other Operating Expense
- - - -
-
Unusual Expense
- 42.57M 37.96M 20.23M
EBIT after Unusual Expense
(33.50M) (61.76M) (55.23M) (25.51M)
Non Operating Income/Expense
131.00K 1.36M 1.36M 686.00K
Non-Operating Interest Income
57.00K 1.30M 1.05M 522.00K
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
- - - -
-
Interest Expense Growth
- - - -
-
Gross Interest Expense
- - - -
-
Interest Capitalized
- - - -
-
Pretax Income
(33.37M) (60.40M) (53.86M) (24.82M)
Pretax Income Growth
-391.23% -81.00% +10.82% +53.91%
Pretax Margin
-20.64% -87.27% -36.62% -13.16%
Income Tax
- 1.00K 1.00K 1.00K
Income Tax - Current - Domestic
8.81M 14.02M 11.28M 4.64M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(8.83M) (14.02M) (11.32M) (4.72M)
Income Tax - Deferred - Foreign
17.00K 4.00K 44.00K 78.00K
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(33.37M) (60.40M) (53.87M) (24.82M)
Minority Interest Expense
- - - -
-
Net Income
(33.37M) (60.40M) (53.87M) (24.82M)
Net Income Growth
-790.75% -80.99% +10.82% +53.91%
Net Margin Growth
-20.65% -87.27% -36.62% -13.16%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(33.37M) (60.40M) (53.87M) (24.82M)
Preferred Dividends
- - - 590.00K
-
Net Income Available to Common
(33.37M) (60.40M) (53.87M) (25.41M)
EPS (Basic)
-0.1442 -0.2474 -0.2072 -0.0887
EPS (Basic) Growth
-752.49% -71.57% +16.25% +57.19%
Basic Shares Outstanding
231.49M 244.12M 259.90M 286.64M
EPS (Diluted)
-0.1442 -0.2474 -0.2072 -0.0887
EPS (Diluted) Growth
-773.83% -71.57% +16.25% +57.19%
Diluted Shares Outstanding
231.49M 244.12M 259.90M 286.64M
EBITDA
(32.52M) (18.82M) (16.93M) (5.00M)
EBITDA Growth
-373.62% +42.14% +10.05% +70.46%
EBITDA Margin
-20.12% -27.19% -11.51% -2.65%

Snapshot

Average Recommendation BUY Average Target Price 2.00
Number of Ratings 1 Current Quarters Estimate N/A
FY Report Date 06 / 2026 Current Year's Estimate N/A
Last Quarter’s Earnings N/A Median PE on CY Estimate N/A
Year Ago Earnings -0.078 Next Fiscal Year Estimate N/A
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 1 1 1 1
Mean Estimate 0.00 0.00 0.00 0.00
High Estimates 0.00 0.00 0.00 0.00
Low Estimate 0.00 0.00 0.00 0.00
Coefficient of Variance N/A N/A N/A N/A

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 1 1 1
OVERWEIGHT 0 0 0
HOLD 0 0 0
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Netlist in the News