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Financials · NEON

Neonode Inc. (NEON) financials

For the twelve months ended Jun 30, 2026, Neonode Inc. reported $2.04M of revenue and $8.12M of net income.

Revenue, TTM
$2.04M
Revenue growth, YoY
-21.7%
Net income, TTM
$8.12M
Net margin
397.8%
Free cash flow, TTM
-$11.24M
Cash
$21.32M
P/E
1.38
P/S
5.48
Market cap
$11.2M
Annual revenue$2.06M
FY2016FY2025
Annual net income$8.49M
FY2016FY2025
Annual free cash flow-$10.35M
FY2016FY2025

NEON revenue and earnings growth

NEON revenueQ2 2026$477.0K

Quarter YoY
-20.4%
QoQ
-22.3%
FY YoY
-33.7%
5Y CAGR
-19.2%
10Y CAGR
-15.5%

NEON revenue was $477.0K in fiscal Q2 2026 (ended Jun 30, 2026), down 20.4% from a year earlier and down 22.3% from the prior quarter. For the full fiscal 2025 it was $2.06M, down 33.7% from fiscal 2024. Compound annual growth was -19.2% over 5 years and -15.5% over 10 years. It rose in 1 of the last 10 fiscal years.

NEON net incomeQ2 2026-$2.11M

NEON net income was -$2.11M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$1.87M a year earlier. For the full fiscal 2025 it was $8.49M, compared with -$6.47M in fiscal 2024. Fiscal 2025 is the highest of the 15 fiscal years on file.

NEON EPSQ2 2025-$0.11

NEON diluted EPS was -$0.11 in fiscal Q2 2025 (ended Jun 30, 2025), compared with -$0.11 a year earlier. For the full fiscal 2024 it was -$0.41, compared with -$0.66 in fiscal 2023.

NEON free cash flowQ2 2026-$1.90M

NEON free cash flow was -$1.90M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$1.77M a year earlier. For the full fiscal 2025 it was -$10.35M, compared with -$5.63M in fiscal 2024.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$2.06M$3.11M$3.83M$5.67M$5.84M$5.98M$6.65M$8.54M$10.24M$10.21M
Cost of revenue$26.0K$116.0K$12.0K$804.0K$955.0K$1.08M$683.0K$921.0K$2.34M$1.34M
Gross profit$2.04M$2.99M$3.82M$4.87M$4.88M$4.91M$5.96M$7.62M$7.90M$8.88M
Research and development$3.78M$3.44M$3.83M$3.96M$3.55M$4.14M$5.24M$5.28M$6.08M$7.07M
Selling, general and admin$4.12M$3.77M$1.48M$4.16M$5.60M$4.42M$4.30M$4.22M$4.52M$4.09M
Operating income$7.37M-$6.55M-$5.74M-$5.29M-$7.11M-$6.19M-$5.73M-$3.88M-$5.48M-$5.14M
Interest expense----$15.0K$27.0K$34.0K$49.0K$75.0K$47.0K
Pre-tax income$8.03M-$5.86M-$5.00M-$5.17M-$7.12M-$6.22M-$5.76M-$3.93M-$5.55M-$5.28M
Income tax-$9.0K$15.0K$115.0K$118.0K$146.0K$59.0K$38.0K$13.0K-$56.0K$367.0K
Net income$8.49M-$6.47M-$10.12M-$4.88M-$6.45M-$6.28M-$5.30M-$3.06M-$4.71M-$5.29M
EPS, basic$0.51-$0.41-$0.66-$0.36-$0.54$0.56-$0.60-$0.52-$0.89-$0.12
EPS, diluted--$0.41-$0.66-$0.36-$0.54$0.56-$0.60-$0.52-$0.89-$0.12
Diluted shares-15,87315,32213,63211,9079,9898,8445,8845,28945.7M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$25.36M$16.43M$16.16M$14.82M$17.38M$10.47M$2.36M$6.55M$5.80M$3.48M
Receivables$391.0K$732.0K$652.0K$1.45M$1.29M$1.74M$1.32M$1.83M$1.01M$1.55M
Inventory--$610.0K$610.0K$2.52M$1.27M$1.03M$1.22M$1.15M$696.0K
Current assets$26.29M$17.68M$18.62M$20.80M$22.03M$14.65M$5.43M$10.49M$9.80M$7.67M
Total assets$26.89M$18.38M$19.01M$21.20M$22.99M$16.57M$7.44M$13.24M$13.13M$9.70M
Current liabilities$2.18M$1.62M$1.83M$1.70M$2.97M$4.21M$3.02M$2.31M$3.58M$4.61M
Total liabilities$2.20M$1.94M$1.85M$1.78M$3.15M$4.68M$3.59M$3.45M$5.26M$5.57M
Shareholders' equity$24.69M$16.44M$17.16M$19.42M$19.84M$11.89M$3.85M$9.80M$7.86M$4.13M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow-$10.25M-$5.59M-$6.31M-$6.81M-$7.68M-$5.75M-$3.52M-$2.86M-$5.58M-$6.25M
Capital expenditures$91.0K$37.0K$123.0K$52.0K-$60.0K$89.0K$236.0K$656.0K$987.0K
Free cash flow-$10.35M-$5.63M-$6.43M-$6.86M--$5.81M-$3.61M-$3.10M-$6.24M-$7.24M
Investing cash flow$19.30M$152.0K-$123.0K-$52.0K-$67.0K-$58.0K-$89.0K-$232.0K-$656.0K-$985.0K
Financing cash flow-$11.0K$5.78M$7.78M$4.51M$14.57M$13.61M-$499.0K$4.07M$8.64M$7.80M
Share repurchases---$12.0K------
Stock-based compensation$0$3.0K$58.0K$122.0K$157.0K$77.0K-$29.0K$72.0K$255.0K
Depreciation and amortization$50.0K$58.0K$47.0K$120.0K$632.0K$767.0K$855.0K$1.01M$953.0K$360.0K

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY-33.7%-18.8%-32.5%-2.8%-2.5%-10.0%-22.2%-16.6%0.3%-8.1%
Gross margin98.7%96.3%99.7%85.8%83.6%82.0%89.7%89.2%77.1%86.9%
Operating margin357.5%-210.6%-149.8%-93.2%-121.8%-103.5%-86.2%-45.4%-53.5%-50.4%
Net margin411.9%-208.0%-264.4%-86.1%-110.5%-105.0%-79.7%-35.8%-45.9%-51.8%
Free cash flow margin-501.7%-181.1%-168.0%-121.0%--97.1%-54.3%-36.2%-60.9%-70.9%
Return on equity34.4%-39.3%-59.0%-25.1%-32.5%-52.8%-137.7%-31.2%-59.8%-128.0%
Return on assets31.6%-35.2%-53.2%-23.0%-28.1%-37.9%-71.2%-23.1%-35.8%-54.5%
Current ratio12.0510.9210.1612.247.413.481.804.542.731.66

Source: XBRL data Neonode Inc. files with the SEC, latest filing dated Aug 12, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

NEON peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
NEON$2.04M-21.7%$8.12M397.8%$11.2M
ASML€32.67B+15.6%€9.61B29.4%$583.23B
LRCX$26.13B+33.4%$8.45B32.3%$276.45B
TMO$47.35B+8.3%$7.07B14.9%$267.38B
DE$47.98B+8.0%$4.87B10.2%$186.39B
DHR$25.61B+5.5%$4.33B16.9%$165.41B
ETN$31.98B+20.1%$3.90B12.2%$139.59B
JCI$24.43B+5.1%$3.53B14.5%$85.71B
ITW$16.65B+4.8%$3.23B19.4%$81.49B

NEON FAQ

8 questions
  • What is NEON revenue?
    Neonode Inc. (NEON) reported $2.04M of revenue for the twelve months ended Jun 30, 2026. That is down 21.7% from the year before. Revenue for fiscal 2025 was $2.06M.
  • Is NEON profitable?
    Yes. Neonode Inc. earned $8.12M in net income for the twelve months ended Jun 30, 2026, a net margin of 397.8%.
  • How much cash and debt does NEON have?
    Neonode Inc. reported $21.32M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is NEON revenue growing?
    Neonode Inc.'s revenue changed -33.7% in fiscal 2025, to $2.06M. Its compound annual growth rate was -19.2% over 5 years and -15.5% over 10 years.
  • What is NEON gross margin?
    Neonode Inc.'s gross profit was $2.02M on $2.04M of revenue for the twelve months ended Jun 30, 2026, a gross margin of 98.8%.
  • What is NEON free cash flow?
    Neonode Inc. generated -$11.24M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of -$11.15M less capital expenditures.
  • When did NEON last report financial results?
    The latest statements here come from Neonode Inc.'s 10-Q filed on Aug 12, 2026, covering the period ended Jun 30, 2026.
  • Where does this NEON financial data come from?
    Quantisnow builds these statements from the structured XBRL data Neonode Inc. files with the SEC. It is provided for information only and is not investment advice.