Netlist reports $104.9 million in Q1 2026 net sales, a 262% year-over-year improvement, while pursuing patent licensing deals against memory chipmakers Micron and Samsung.

Netlist achieved $104.9 million in net sales in Q1 2026, marking a 262% year-over-year improvement and a 38.6% sequential improvement from Q4 2025's $75.7 million. The company also reported $8.6 million in net income, compared to a $9.5 million loss in the same quarter last year.

The company holds patents fundamental to high-performance memory chips and DDR5 memory modules. Netlist has won jury verdicts against Micron and Samsung over patent right violations and is pursuing licensing royalties similar to its deal with SK Hynix.

Netlist could potentially issue an injunction banning the sale of infringing memory chips in the U.S., which the article states could strangle Micron and Samsung's sales backlogs. The longer the court cases proceed, the more consequential damages may become, increasing Netlist's negotiating power as the AI boom continues.