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.
Immersion Corporation Reports Fourth Quarter and Fiscal 2026 Results
Immersion reported Q4 revenue of $270.0 million, down 5.2% year-over-year, but returned to GAAP profitability with net income of $3.7 million or $0.12 per diluted share compared to a prior year loss.
The company highlighted its capital allocation strategy, noting that since initiating its dividend program in January 2023, it has paid or declared approximately $1.01 per share in dividends.
The next quarterly dividend of $0.075 per share is scheduled for July 31, 2026, and the company retains $39.3 million in authorization for share repurchases.