Immersion Corporation (NASDAQ: IMMR) Returns to Profit in Q1 FY2027 as Revenue Edges Higher

• Immersion Corporation (NASDAQ: IMMR) reported consolidated revenue of $294.40 million, up approximately 0.8% year over year.
• GAAP net income attributable to Immersion stockholders reached $4.90 million, or $0.17 per diluted share, compared with a loss in the prior-year quarter.
• The company reported non-GAAP net income of $16.60 million, or $0.50 per diluted share, and declared a quarterly dividend of $0.075 per share.

Immersion Corporation (NASDAQ: IMMR) is a technology licensing company specializing in haptic feedback, which creates tactile sensations in mobile devices, automobiles, gaming products, and consumer electronics. The company also controls and consolidates the financial results of Barnes & Noble Education, a major operator of physical and virtual academic bookstores.

On September 14, 2026, Immersion reported results for the first quarter of Fiscal Year 2027, covering the three months ended July 31, 2026. Total consolidated revenue was $294.40 million, compared with $292.00 million in the prior-year period. However, investors should note that $290.60 million came from Barnes & Noble Education, while Immersion’s royalty and licensing business generated $3.80 million, down slightly from $3.87 million a year earlier.

GAAP net income attributable to Immersion stockholders was $4.90 million, or $0.17 per diluted share, compared with a loss of $0.90 million, or $0.03 per share, a year earlier. Separately, non-GAAP net income was $16.60 million, or $0.50 per diluted share, down slightly from $16.90 million, or $0.52 per diluted share, in the prior-year quarter.

Immersion’s GAAP operating expenses declined to $80.40 million from $84.80 million, helping narrow the consolidated operating loss to approximately $20.00 million from $26.40 million. Meanwhile, non-GAAP operating expenses increased to $68.70 million from $66.90 million.

The company also declared a quarterly dividend of $0.075 per share, payable on October 30, 2026, to shareholders of record on October 16, 2026. This will represent Immersion’s 16th consecutive quarterly dividend.