Aeluma (ALMU) Q4 Fiscal 2026 Earnings Call: AI DataCom Commercialization and $56 Million Cash Balance

Source Tradingkey

Key Takeaways

  • Aeluma reported fiscal Q4 2026 revenue of $582,000 and full-year revenue of $4.5 million, near the high end of the range provided on its Q3 call. Annual revenue was approximately flat with $4.7 million in fiscal 2025 and remained primarily tied to government contracts.
  • The fiscal 2026 GAAP net loss widened to $9.2 million, or $0.52 per share, from $3.0 million, or $0.23 per share, in fiscal 2025. Management attributed the increase mainly to higher headcount and other operating expenses.
  • Cash and cash equivalents reached $56.0 million at fiscal year-end, up from $37.8 million at the end of the March quarter and $15.7 million a year earlier. Aeluma had no debt.
  • AI DataCom is the company’s near-term commercialization priority. Development is focused on LINX high-speed photodetectors and Quasar quantum dot lasers manufactured on non-indium phosphide substrates.
  • For fiscal 2027, Aeluma expects to recognize approximately $2.3 million of booked government contract revenue, with another $2.0 million of opportunities under discussion. The company did not provide formal revenue guidance.
  • Management expects fiscal 2027 capital expenditures of approximately $10 million to $12 million, primarily for two AIXTRON G10 MOCVD reactors and related manufacturing, testing and validation capabilities.

Key Financial Results

MetricFiscal Q4 2026Fiscal 2026Comparison or context
Revenue$582,000$4.5 millionFiscal 2025 revenue was $4.7 million; revenue primarily reflected government contracts
GAAP net loss$4.0 million$9.2 millionFiscal 2025 net loss was $3.0 million
GAAP loss per share$0.22$0.52Fiscal 2025 loss per share was $0.23
Adjusted net loss$2.7 million$4.6 millionFiscal 2025 adjusted net loss was $116,000
Adjusted loss per share$0.15$0.26Fiscal 2025 adjusted loss per share was $0.01
Adjusted EBITDA$(2.9) million$(5.2) millionFiscal 2025 adjusted EBITDA was positive $186,000
Cash and cash equivalents$56.0 million$37.8 million at the end of the March quarter and $15.7 million at June 30, 2025
Debt$0No balance-sheet debt
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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