Neonode Q2 revenue falls 20.4% to $0.5 million as loss widens to $2.1 million
Neonode reported results for the three and six months ended June 30, 2026. Quarterly revenue from continuing operations fell 20.4% to $0.5 million, as lower non-recurring engineering revenue offset a 9.2% rise in license revenue, and the loss from continuing operations widened to $2.1 million, or $0.13 per share. For shareholders, cash and accounts receivable fell to $21.7 million from $25.8 million at December 31, 2025.
Key points
- Q2 2026 revenue from continuing operations was $0.5 million, down 20.4% year over year; license revenue rose 9.2% to $0.4 million while non-recurring engineering revenue fell 81.5% to $36,000.
- Loss from continuing operations was $2.1 million, or $0.13 per share, versus $2.0 million, or $0.12 per share, in Q2 2025.
- Cash used by operations was $1.9 million in Q2 2026, compared with $1.7 million a year earlier.
- Cash and accounts receivable totaled $21.7 million at June 30, 2026, versus $25.8 million at December 31, 2025.
The filing
Written by AI on Nov 9, 2026, 8:51 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 August 12, 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.