Neonode stock gained 2.19 percent as fiscal Q2 revenue fell

Published on 10/05/2026 at 11:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Neonode stock was last at USD 0.92 on October 2, 2026, while fiscal Q2 revenue fell to USD 477,000. Cash stood at USD 21.3 million.

NEON, US64051M7092, Illustration mit AI erstellt.

Neonode Inc. (ISIN US64051M7092) was last at USD 0.92 on Nasdaq on October 2, 2026, up 2.19 percent from the prior session. The market move followed a quarter in which revenue fell 22.3 percent sequentially to USD 477,000, keeping the company in a high-risk operating phase.

Revenue falls in fiscal Q2

According to ToAlpha, Neonode reported fiscal Q2 2026 revenue of USD 477,000 for the quarter ended June 30, 2026, compared with USD 614,000 in fiscal Q1. The quarterly decline was 22.3 percent.

The same fiscal Q2 data show an operating margin of negative 486.6 percent, compared with negative 337.3 percent in the preceding quarter. That combination puts revenue conversion and cost control ahead of the share price move in the investor narrative.

Cash gives the company room

Neonode held USD 21.3 million in cash and cash equivalents on June 30, 2026, according to its reported fiscal Q2 balance sheet. Operating cash flow was negative USD 1.896 million in the quarter, making cash preservation a measurable counterweight to the companys technology expansion.

Neonode describes its business as optical sensing for contactless touch, gesture control and machine perception. Its investor-relations page says the company has more than 100 patents and technology deployed in nearly 100 million products and vehicles, while its latest calendar lists November 11, 2026, for fiscal Q3 results, as shown by Neonode.

Stock remains below its yearly high

Neonode stock traded between USD 0.90 and USD 0.96 on October 2, 2026, while its 52-week range was USD 0.72 to USD 3.94. The last price therefore stood 76.65 percent below the 52-week high, a gap that frames the 2.19 percent daily gain in longer-term terms.

Neonode stock and the next checkpoint

Investing.com identifies Nasdaq as Neonode's listing venue, confirms ISIN US64051M7092 and lists November 11, 2026, as the next earnings date. The next report will show whether the fiscal Q2 revenue decline is temporary or part of a broader contraction.