NETLIST INC (NLST)

5.02USD -9.71% (-0.54)

Over 1M: +28.1%

Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles and bars need the day’s open, high and low, and need room to be drawn in: past about a year of trading a body is thinner than a hairline, so those three offer the longest window that fits instead.

4 5 6 7
7 Aug 12 Aug 17 Aug 20 Aug 25 Aug 28 Aug 2 Sep

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '25 — Operating Income: -7.2M Q3 '25 — Operating Cash Flow: -10.3M Q3 '25 — Free Cash Flow: -10.3M Q3 '25 — Net Income: -7M Q4 '25 — Operating Income: -2.3M Q4 '25 — Operating Cash Flow: 13.3M Q4 '25 — Free Cash Flow: 13.2M Q4 '25 — Net Income: -2.2M Q1 '26 — Operating Income: 8.6M Q1 '26 — Operating Cash Flow: -21.8M Q1 '26 — Net Income: 8.6M Q2 '26 — Operating Income: 1.3M Q2 '26 — Operating Cash Flow: 3.3M Q2 '26 — Net Income: 1.4M -16M -8M 0 8M 16M
Q3 '25 Q4 '25 Q1 '26 Q2 '26
Operating Income Operating Cash Flow Free Cash Flow Net Income

How it scores

For a valuation multiple, the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

5.0
SBC / sales 0.97%
ROIC —
Oper. margin 0.12%
OE margin -5.6%
Capex / sales 0.013%
ROA 1.1%
ROCE 1.7%
ROE 3.4%
Accruals 22.2%
FCF margin -4.7%
Gross margin 16.2%
OCF / EBIT -38.0×
OCF margin -4.7%

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

4.5
EV/Sales 5.2×
EV/OE -92.7×
EV/EBIT 4267.9×
EV/GP 32.2×
FCF yield -0.88%
P/B 76.5×
P/C 57.0×
P/E 2246.4×
Div. yield —
Fwd P/E —
PEG —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

1.1
RPO / sales 0.0091×
RPO growth —
Segment HHI —

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

4.9
ND/EBITDA 0.018
Cash runway 2.0 yr
Cash / Debt 15535.0×
Debt / Eq 8.6e-05×
Debt payback 0.0 yr
Payout 0.0%
F-score 5.6 pts
Quick ratio 0.9×
Interest cover —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

7.7
Sales/sh Y/Y +107.8%
Sales Q/Q +163.4%
Shares change +10.3%
Div. growth —
EBIT CAGR —
EBIT Y/Y —
EPS CAGR 4Y —
EPS Y/Y —
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.