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flag Netlist posted strong 2025 results with sales up 28% and a major profit surge, driven by AI memory tech and patent progress.

flag Netlist, Inc. reported strong financial results for 2025, with fourth-quarter net sales rising 121% year-over-year to $75.7 million and full-year sales reaching $188.6 million, up 28%. flag Gross profit surged 2,620% in the quarter to $6.9 million, and net loss narrowed 82% to $2.2 million. flag The company cited progress in patent enforcement, product innovation, and investments in AI-driven memory technologies like MRDIMM and CXL NVDIMM. flag As of December 27, 2025, Netlist held $42.1 million in cash, though it reported a working capital deficit of $6.4 million and a stockholders’ deficit of $5.2 million. flag Management highlighted growth opportunities amid ongoing litigation risks.

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