Immersion Corporation
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $241.1M
- Price
- $7.26
- % Change (Daily % change from the live per-ticker quote feed.)
- +1.26%
- Volume
- 349.3K
About
Immersion Corporation, through its affiliated entities, specializes in the innovation, development, and licensing of haptic technologies. These advancements enable individuals to engage with and perceive digital products via their sense of touch across markets in North America, Europe, and Asia. The company's commercial portfolio includes technology, patent, and bundled licensing agreements. Furthermore, Immersion provides comprehensive Software Development Kits (SDKs), which incorporate essential tools, integration software, and effect libraries designed to facilitate the creation, encoding, and playback of nuanced tactile feedback within digital content. Its additional services encompass reference designs, core reference technology, expert engineering and integration assistance, and tailored software and firmware solutions. The company's offerings find application in a wide array of sectors, such as mobile communications, wearable devices, consumer electronics, gaming, virtual reality (VR), and the automotive industry, among others. Established in 1993, Immersion Corporation's main corporate office is situated in Aventura, Florida.
Quick stats
Shares outstanding33.2M
Computed float26.9M
Float / shares80.9%
Key info
SectorTechnology
IndustrySoftware - Application
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001058811
Websitehttps://www.immersion.com
AI Summary
AI-generated1/25
minormixedearnings
Immersion Corporation Reports First Quarter of Fiscal 2027 Results
Immersion (IMMR) reported fiscal Q1 2027 total revenue of $294.4 million for the quarter ended July 31, 2026, up from $292.0 million a year earlier, with nearly all of the top line coming from consolidated Barnes & Noble Education; core haptics royalty and license revenue was $3.8 million.
GAAP net income attributable to stockholders swung to $4.9 million, or $0.17 per diluted share, from a $(0.9) million loss a year ago, while non-GAAP net income slipped to $16.6 million ($0.50 per diluted share) from $16.9 million ($0.52).
The board declared a $0.075 per-share quarterly dividend payable October 30, 2026 to holders of record October 16 — the sixteenth consecutive quarterly payout.
Watch items: the consolidated operating loss narrowed to $20.0 million, but Barnes & Noble Education's long-term borrowings rose to $123.5 million from $71.0 million, and Immersion's BNED ownership diluted to 32.3% from 42% following additional share issuances.
Red flags
- Results dominated by consolidated Barnes & Noble Education (≈99% of revenue); core haptics royalty/license revenue only $3.8M
- BNED long-term borrowings rose to $123.5M from $71.0M quarter-over-quarter
- Non-GAAP EPS declined YoY ($0.50 vs. $0.52) despite the headline GAAP swing to profit
- Immersion's BNED ownership diluted to 32.3% from 42% via additional BNED share issuances
- No forward guidance provided