IMMERSION CORPIMMREarnings & Financial Report
Immersion Corporation is an Aventura, Florida based developer and licensor of touch feedback technology, also known as haptic technology. Immersion Corporation has been accused of being a patent troll. Founded in 1993 by Louis Rosenberg, it is currently headed by lawyer Francis Jose, who serves as both chief executive officer and general counsel.
IMMR Q4 FY2025 Key Financial Metrics
Revenue
$372.9M
Gross Profit
N/A
Operating Profit
$-10.3M
Net Profit
$-17.0M
Gross Margin
N/A
Operating Margin
-2.8%
Net Margin
-4.6%
YoY Growth
750.4%
EPS
$-0.57
IMMERSION CORP Q4 FY2025 Financial Summary
IMMERSION CORP reported revenue of $372.9M (up 750.4% YoY) for Q4 FY2025, with a net profit of $-17.0M (down 191.3% YoY) (-4.6% margin).
Key Financial Metrics
| Total Revenue | $372.9M |
|---|---|
| Net Profit | $-17.0M |
| Gross Margin | N/A |
| Operating Margin | -2.8% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
IMMERSION CORP Q4 FY2025 revenue of $372.9M breaks down across 5 segments, led by Course Material Sale at $150.9M (40.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Course Material Sale | $150.9M | 40.5% |
| General Merchandise Sale | $138.0M | 37.0% |
| Rental Services | $51.8M | 13.9% |
| Services And Other Revenue | $25.6M | 6.9% |
| Per Unit Royalties | $1.8M | 0.5% |
IMMERSION CORP Revenue by Segment — Quarterly Trend
IMMERSION CORP revenue by segment across the last 4 reported quarters, showing how each business line (such as Course Material Sale and General Merchandise Sale) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Course Material Sale | $150.9M | $328.1M | $431.4M | $26.8M |
| General Merchandise Sale | $138.0M | $71.6M | $99.7M | $16.0M |
| Rental Services | $51.8M | $43.2M | $42.4M | — |
| Services And Other Revenue | $25.6M | $23.5M | $28.6M | $2.3M |
| Per Unit Royalties | $1.8M | $2.7M | $3.5M | $3.6M |
IMMERSION CORP Annual Revenue by Year
IMMERSION CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.6B).
IMMERSION CORP Quarterly Revenue & Net Profit History
IMMERSION CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $372.9M | +750.4% | $-17.0M | -4.6% |
| Q3 FY2025 | $471.3M | — | $24.1M | 5.1% |
| Q2 FY2025 | $616.2M | +6399.1% | $30.8M | 5.0% |
| Q1 FY2025 | $95.5M | +1267.3% | $26.4M | 27.7% |
| Q4 FY2024 | $43.8M | — | $18.7M | 42.5% |
| Q2 FY2024 | $9.5M | -32.3% | $2.7M | 28.3% |
| Q1 FY2024 | $7.0M | -12.5% | $7.0M | 100.6% |
| Q3 FY2023 | $9.2M | -6.0% | $19.7M | 215.0% |
Income Statement
| Q3 2023 | Q1 2024 | Q2 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.2M | $7.0M | $9.5M | $43.8M | $95.5M | $616.2M | $471.3M | $372.9M |
| YoY Growth | -6.0% | -12.5% | -32.3% | N/A | 1267.3% | 6399.1% | N/A | 750.4% |
Balance Sheet
| Q3 2023 | Q1 2024 | Q2 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $190.1M | $202.5M | $204.7M | $244.7M | $1.23B | $1.36B | $1.44B | $1.10B |
| Liabilities | $32.4M | $32.5M | $35.2M | $43.2M | $819.9M | $876.6M | $850.0M | $543.6M |
| Equity | $157.7M | $170.0M | $169.4M | $201.5M | $273.4M | $305.5M | $317.9M | $298.1M |
Cash Flow
| Q3 2023 | Q2 2024 | Q4 2024 | Q1 2025 | Q3 2025 | |
|---|---|---|---|---|---|
| Operating CF | $7.9M | $4.0M | $29.9M | $-85.9M | $-43.7M |