SemiLEDs swings to $1.5 million profit on $9.1 million quarterly revenue
SemiLEDs reported preliminary results for the fiscal third quarter ended May 31, 2026, with revenue of $9.1 million, up from $1.1 million in the prior quarter, and GAAP net income of $1.5 million, or $0.18 per diluted share, compared with a net loss of $603 thousand in the prior quarter. The company said the revenue increase reflected higher buy-sell equipment purchase orders and that it anticipates more such orders in the fourth quarter of fiscal 2026. The filing also lists an Item 4.01 auditor change, but the text provided does not describe it.
Key points
- Q3 fiscal 2026 revenue was $9.1 million, compared with $1.1 million in Q2 fiscal 2026.
- GAAP net income attributable to stockholders was $1.5 million, or $0.18 per diluted share, versus a net loss of $603 thousand, or $(0.07) per share, in Q2.
- GAAP gross margin rose to 27% from 1%; cash and cash equivalents were $6.0 million at May 31, 2026, versus $4.0 million at February 28, 2026.
- The 8-K includes Item 4.01 (Auditor Change), but the filing text provided does not give details of the change.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 14, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.