Neonode reports USD 477,000 revenue: what it means for Neonode stock

Published on 10/05/2026 at 02:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Operating margin reached minus 486.60 percent in the second quarter. Neonode stock stood at USD 15.5 million on October 2, 2026.

NEON, US64051M7092, Illustration mit AI erstellt.

Neonode Inc. (ISIN US64051M7092) reported USD 477,000 in revenue for the second quarter ended June 30, 2026, a year-over-year decline of 20.40 percent, according to ToAlpha on September 17, 2026. The figures give investors a clear measure of the pressure on Neonode's small technology business as it prepares for its next reporting date.

Revenue falls to USD 477,000

Revenue in the second quarter fell from the comparable prior-year period by 20.40 percent to USD 477,000. The decline contrasts with the previous quarter, when revenue reached USD 614,000, while the second-quarter operating margin was minus 486.60 percent.

The reported gross margin was 98.10 percent in the second quarter, but the high gross margin did not offset the company's operating cost base. Net margin stood at minus 442.60 percent for the same period, showing that revenue scale remains the central financial issue.

Cash position shapes the outlook

Operating cash flow was negative USD 1.9 million in the second quarter, while cash and cash equivalents stood at USD 21.3 million at June 30, 2026, according to ToAlpha. The combination of negative operating cash flow and declining revenue makes cash conversion a key figure for the next report.

Neonode develops optical sensing technology for touch, contactless touch and gesture recognition, alongside software that uses machine learning for scene analysis, according to the company's investor-relations page. Its technology is aimed at applications including automotive and technology products, linking the revenue trend to design wins, licensing activity and sensor demand.

The same investor-relations page lists Neonode as NASDAQ: NEON and schedules third-quarter 2026 results for November 11, 2026. That date gives the market its next fixed point for testing whether revenue can recover from the USD 477,000 second-quarter base.

Market value remains compact

Neonode's market capitalization was USD 15.5 million as of October 2, 2026. NEON was valued against a revenue base of USD 477,000 for the second quarter, while the minus 20.40 percent year-over-year comparison keeps operating performance central to the investment case.