Aeluma Reports Impressive First Quarter Fiscal 2026 Financial Results
In a significant announcement, Aeluma, Inc. (NASDAQ: ALMU), a leader in the semiconductor sector, has revealed its financial results for the first quarter of fiscal 2026, which concluded on September 30, 2025. The company has continued to demonstrate robust growth, marking a pivotal phase in its operational strategy.
Highlights from Management
Jonathan Klamkin, Ph.D., the Founder and CEO of Aeluma, expressed enthusiasm regarding the company’s performance. He emphasized that the quarter was marked by strategic advancements, including strengthening the balance sheet through a successful capital raise aimed at fostering growth, recruiting top talent, and enhancing manufacturing capabilities. Notably, Aeluma initiated a new contract with NASA, signaling its commitment to innovation and collaboration in the space sector.
Recent Achievements and Milestones
Aeluma has celebrated several milestones that depict its trajectory toward growth:
- Financial Stability: The company concluded Q1 2026 with $38 million in cash and no long-term debt, underscoring its strong financial health.
- New NASA Contract: Aeluma secured a research and development contract with NASA, intending to leverage its semiconductor technology for efficient quantum systems in space applications.
- Manufacturing Expansion: Aeluma has ramped up its wafer fabrication efforts and enhanced its testing and validation capabilities, preparing for higher production demands.
- Talent Acquisition: The company has successfully attracted skilled professionals in vital roles, enhancing its engineering and manufacturing teams.
- Intellectual Property Development: Aeluma has filed two new nonprovisional patent applications, broadening its intellectual property portfolio which now boasts a total of 34 patents.
Fiscal Q1 2026 Financial Overview
For Q1 2026, Aeluma reported the following financial highlights:
- Revenue reached $1.4 million, significantly up from $481 thousand reported in Q1 2024 and slightly ahead of $1.3 million in the last quarter of 2025, with the bulk of revenue generated from R&D contracts.
- The GAAP net loss amounted to $1.5 million, translating to ($0.09) per share, an increase from the previous year's loss of $730 thousand.
- Adjusted EBITDA loss stood at $450 thousand, showcasing a minor improvement compared to the $457 thousand loss in the same quarter of the previous year.
- Aeluma's cash and cash equivalents substantially increased to $38.1 million from $15.7 million as of the previous quarter.
Outlook for Fiscal Year 2026
Looking ahead, Aeluma anticipates generating revenue within the range of $4.0 million to $6.0 million for the entire fiscal year 2026. The company remains committed to its strategic goals, including:
- Expanding Contract Opportunities: Targeting three to seven new development contracts to foster partnerships and drive research initiatives.
- Team Growth: Hiring more professionals in business development and technology enablement to bolster operational capabilities.
- Manufacturing Enhancements: Scaling productivity in outsourced wafer production to meet market demands.
- Intensifying Market Engagement: Pursuing opportunities within defense, aerospace, and artificial intelligence sectors to enhance revenue generation.
Engagement with Stakeholders
Aeluma plans to engage with stakeholders through a conference call scheduled for 2:00 p.m. Pacific Time on November 12, 2025, where further insights into its financial performance and strategic direction will be shared.
About Aeluma, Inc.
Aeluma Inc. is at the forefront of semiconductor technology, focusing on high-performance photonic and electronic innovations. It leverages a unique platform to facilitate extensive manufacturing needed for modern electronics while maintaining an expansive application range including mobile technologies, AI, defense systems, and robotics. The company collaborates closely with fabrication foundries and integration firms to meet its production goals.
Frequently Asked Questions
What were Aeluma's revenue and profit in Q1 2026?
Aeluma reported revenue of $1.4 million with a net loss of $1.5 million for Q1 2026.
How is Aeluma addressing market demand?
Aeluma is increasing manufacturing readiness and has secured key contracts with entities like NASA to leverage its technology.
What are Aeluma's expectations for fiscal year 2026?
The company expects to generate between $4.0 million to $6.0 million in revenue.
Who is leading Aeluma?
The company is led by Founder and CEO Jonathan Klamkin, Ph.D.
What sectors does Aeluma focus its technology on?
Aeluma's technology is applicable in mobile communication, AI, defense, aerospace, and emerging fields such as quantum systems.
