Immersion Corporation (IMMR) Income Statement
IMMR 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsIMMR revenue and net income
Where IMMR's revenue goes
2025Each bar shows an amount and its share of revenue. IMMR kept 0.3% of revenue as net income.
IMMR profit margins
IMMR growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +11.2% | +255.7% | +124.3% | +39.2% |
| Gross profit | −78.0% | +103.7% | +60.7% | +17.8% |
| Operating income | −76.1% | +4.8% | +66.2% | +19.6% |
| Net income | −93.0% | −47.2% | −3.5% | +4.7% |
| EPS (diluted) | −64.4% | −1.9% | +16.9% | +11.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
IMMR quarterly EPS vs estimates
Immersion beat the analyst EPS estimate in 4 of the last 8 quarters.
IMMR income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.73B | $1.56B | $33.9M | $38.5M | $35.1M | $30.5M | $36.0M | $111.0M | $35.0M | $57.1M |
| Cost of revenue | $1.41B | $75.3M | $281,000 | $4,000 | $88,000 | $168,000 | $170,000 | $218,000 | $197,000 | $197,000 |
| Gross profit | $325.1M | $1.48B | $33.9M | $38.5M | $35.0M | $30.3M | $35.8M | $110.8M | $34.8M | $56.9M |
| Research & development | — | $42,000 | $281,000 | $1.4M | $4.2M | $5.0M | $7.8M | $9.7M | $11.8M | $13.4M |
| Sales, general & admin | $1.58B | $1.33B | $15.7M | $12.7M | $13.1M | $23.1M | $49.4M | $47.9M | $66.9M | $58.8M |
| Total operating expenses | $296.9M | $1.36B | $16.0M | $14.0M | $17.2M | $28.1M | $57.2M | $57.7M | $80.2M | $72.2M |
| Operating income | $28.1M | $117.9M | $17.9M | $24.4M | $17.8M | $2.2M | −$21.5M | $53.1M | −$45.4M | −$15.3M |
| Interest income | $12.3M | $15.5M | — | $2.8M | $1.2M | $271,000 | $1.8M | $1.8M | $337,000 | $817,000 |
| Interest expense | $12.9M | $9.6M | — | $2.8M | $485,000 | $2.9M | $4.1M | $0 | $0 | $0 |
| Income before taxes | $26.0M | $119.3M | $42.9M | $27.0M | $17.3M | $3.2M | −$19.6M | $54.7M | −$44.8M | −$14.5M |
| Income taxes | $16.8M | $25.7M | $8.9M | −$3.7M | $4.8M | −$2.2M | $471,000 | $392,000 | $480,000 | $25.5M |
| Net income | $4.5M | $64.3M | $34.0M | $30.7M | $12.5M | $5.4M | −$20.0M | $54.3M | −$45.3M | −$39.4M |
| EBITDA | $80.8M | $168.9M | $43.0M | $25.2M | $18.5M | $4.2M | −$19.3M | $54.0M | −$42.8M | −$14.4M |
| EPS (diluted) | $0.85 | $2.39 | $1.25 | $0.90 | $0.65 | $0.39 | −$0.53 | $2.07 | −$0.98 | −$0.17 |
| Gross margin | 18.8% | 95.2% | 100.0% | 100.0% | 99.7% | 99.4% | 99.5% | 99.8% | 99.4% | 99.7% |
| Operating margin | 1.6% | 7.6% | 52.9% | 63.5% | 50.7% | 7.3% | −59.7% | 47.8% | −129.7% | −26.7% |
| Net margin | 0.3% | 4.1% | 100.2% | 79.7% | 35.6% | 17.7% | −55.8% | 49.0% | −129.4% | −69.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $294.4M | $518.5M | $292.0M | $650.2M | $292.0M | $281.4M | $474.8M | $616.2M | $99.4M | $43.8M | $10.4M | $9.5M |
| Cost of revenue | $244.2M | $425.6M | $233.6M | $515.1M | $233.6M | −$872.8M | $368.9M | $465.5M | $40.8M | $54,000 | $58,000 | $60,000 |
| Gross profit | $50.2M | $92.9M | $58.4M | $135.1M | $58.4M | $1.15B | $105.8M | $150.7M | $58.6M | $43.8M | $10.4M | $9.5M |
| Research & development | — | — | — | — | — | — | — | — | — | $42,000 | $22,000 | $30,000 |
| Sales, general & admin | $70.8M | $75.1M | $75.1M | $80.2M | $71.5M | $1.13B | $76.5M | $76.9M | $28.7M | $27.2M | $5.3M | $3.0M |
| Total operating expenses | $70.8M | $87.9M | $81.9M | $605.8M | $318.4M | $263.8M | $86.5M | $86.3M | $30.8M | $27.2M | $5.3M | $3.0M |
| Operating income | −$20.6M | $5.0M | −$23.5M | $44.4M | −$26.4M | $17.6M | $19.3M | $64.5M | $27.8M | $16.6M | $5.0M | $6.5M |
| Interest income | $15.1M | $4.5M | — | $4.5M | $7.7M | $13.5M | $14.8M | $3.5M | $4.6M | $8.3M | — | — |
| Interest expense | $1.8M | $4.0M | $2.8M | $3.0M | $2.8M | $3.2M | $4.2M | $4.5M | $901,000 | — | $1.1M | $2.4M |
| Income before taxes | −$6.7M | −$3.4M | −$21.4M | $41.6M | −$21.4M | −$808,000 | $36.8M | $63.4M | $29.1M | $24.7M | $19.3M | $4.0M |
| Income taxes | −$2.1M | $6.7M | −$7.7M | — | — | — | $17.4M | $7.6M | $8.2M | $6.1M | $3.3M | $1.3M |
| Net income | $4.9M | −$10.3M | −$930,000 | $12.0M | −$930,000 | −$5.5M | $15.5M | $27.2M | $28.9M | $18.7M | $16.0M | $2.7M |
| EBITDA | −$10.4M | $20.1M | −$8.2M | $55.1M | −$8.2M | — | $51.0M | $77.3M | $32.2M | $24.7M | $19.3M | $6.4M |
| EPS (diluted) | $0.17 | −$0.31 | $0.36 | $0.08 | −$0.22 | $0.63 | $0.47 | $0.15 | $1.14 | $0.63 | $0.52 | $0.12 |
| Gross margin | 17.0% | 17.9% | 20.0% | 20.8% | 20.0% | 410.2% | 22.3% | 24.5% | 59.0% | 100.0% | 100.0% | 100.0% |
| Operating margin | −7.0% | 1.0% | −8.0% | 6.8% | −9.0% | 6.2% | 4.1% | 10.5% | 27.9% | 37.9% | 48.5% | 68.8% |
| Net margin | 1.7% | −2.0% | −0.3% | 1.8% | −0.3% | −2.0% | 3.3% | 4.4% | 29.1% | 42.5% | 154.0% | 28.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in IMMR's financial statements (latest annual report filed May 4, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
IMMR financial results
In fiscal year 2025 (ended December 31, 2025), Immersion reported revenue of $1.7 billion, up 11.2% from the year before. It had net income of $4.5 million (down 93.0%), a net profit margin of 0.3%. Diluted earnings per share came to $0.85. Over five years revenue grew at an average rate of 124.3% a year.
See the IMMR stock overview for the latest quote and news, or the IMMR chart for price history and technical indicators.
IMMR income statement FAQ
What is Immersion's annual revenue?
Immersion reported total revenue of $1.7 billion for fiscal year 2025, which ended on December 31, 2025. That was up 11.2% from $1.6 billion the previous year.
Is Immersion profitable?
Yes. Immersion reported net income of $4.5 million in fiscal 2025, a net profit margin of 0.3%; its operating margin was 1.6%.
What is Immersion's gross margin?
Immersion's gross margin was 18.8% in fiscal 2025: for every $100 of revenue, Immersion kept $19 after the direct cost of its products and services.
How fast is Immersion growing?
Revenue grew 124.3% a year on average over the last five fiscal years, from $30.5 million to $1.7 billion.
What are Immersion's earnings per share?
Immersion earned $0.85 per diluted share in fiscal 2025, compared with $2.39 a year earlier.
When does Immersion's fiscal year end?
Immersion's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on May 4, 2026.