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.
Revenue
$471.3M
Gross Profit
N/A
Operating Profit
$35.2M
Net Profit
$24.1M
Gross Margin
N/A
Operating Margin
7.5%
Net Margin
5.1%
YoY Growth
N/A
EPS
$0.73
IMMERSION CORP Q3 FY2025 Financial Summary
IMMERSION CORP reported revenue of $471.3M for Q3 FY2025, with a net profit of $24.1M (5.1% margin).
Key Financial Metrics
| Total Revenue | $471.3M |
|---|---|
| Net Profit | $24.1M |
| Gross Margin | N/A |
| Operating Margin | 7.5% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
IMMERSION CORP Q3 FY2025 revenue of $471.3M breaks down across 6 segments, led by Course Material Sale at $328.1M (69.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Course Material Sale | $328.1M | 69.6% |
| General Merchandise Sale | $71.6M | 15.2% |
| Rental Services | $43.2M | 9.2% |
| Services And Other Revenue | $23.5M | 5.0% |
| Fixed Fee License | $5.8M | 1.2% |
| Per Unit Royalties | $2.7M | 0.6% |
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 |
| Fixed Fee License | — | $5.8M | $10.7M | — |
IMMERSION CORP Annual Revenue by Year
IMMERSION CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.6B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.6B |
| 2022 | $35.2M |
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 |