Earnings ·
Data I/O Corporation reported second quarter 2026 results with revenues of $5.2 million, a 59% sequential increase…
DAIOData I/O Corp
Data I/O Corporation reported second quarter 2026 results with revenues of $5.2 million, a 59% sequential increase from the first quarter's $3.3 million. Bookings reached $4.9 million, and gross margin improved to 57.0%. The company incurred a net loss of $1.6 million ($0.17 per share), driven by $873,000 in interest expense from June convertible debt, though adjusted EBITDA was near breakeven at negative $488,000 excluding one-time costs. Cash balances rose to $10.8 million following a $9 million direct investment closed in May and subsequent conversion of the convertible debenture into preferred equity. Strategic progress includes extending exclusivity for a transformational acquisition through August 31, 2026, and announcing an intent to acquire IAR’s embedded software security IP. Data I/O Corporation operates in the semiconductor equipment industry, providing data programming and security provisioning solutions for microcontrollers and memory devices.