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NASDAQ · COMPUTER PERIPHERAL EQUIPMENT, NEC · SMALL CAP

Immersion Corp. IMMR

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$1.7B
▲ 11.2% YoY
$4.5M
▼ 93.0% YoY
$42.9M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Following the closing of its Transactions with Barnes & Noble Education, Immersion Corporation operates its business in two operating segments: Immersion and Barnes & Noble Education. In June 2024, it acquired a controlling interest in Barnes & Noble Education, Inc., a Delaware corporation. The Immersion segment offers licenses to its patented technology to customers, along with enabling software, related tools, and technical assistance designed to integrate that technology into customers' products or enhance its functionality. As of April 30, 2026, it and its wholly owned subsidiaries held just under 300 issued or pending patents worldwide. As of April 30, 2026, the Immersion segment had eight full-time equivalent employees located in the United States and Canada. As of April 30, 2026, the Barnes & Noble Education segment operated 1,116 physical and virtual bookstores. As of April 30, 2026, the Barnes & Noble Education segment had approximately 3,613 domestic employees and approximately 169 full-time international employees. Immersion Corporation was incorporated in 1993 in California and reincorporated in Delaware in 1999.

Written from the business description in IMMERSION CORP's annual report to the U.S. Securities and Exchange Commission, filed 24 July 2026. Every sentence was checked against that document before publication.

Growth

USD 1.7B
Revenue, FY2025 · full 17-year series below
Revenue $B Net income $B
FY2025 · Revenue 1.7 · Net income 0.0
1B2B
2009201220152018202120242025
Compound annual growth
+255.7%
+124.3%
+39.2%
+30.7%
−47.2%
−3.5%
+4.7%
−46.6%
−5.9%
+3.4%
−15.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +124.3% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

1 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 1.5% · Net 0.5%
50%100%-50%-100%
200920172025
ROE
FY2025 · ROE 1.5%
50%-50%-100%
200920172025
Three returns, three denominators.

Each USD of equity produced 2 cents of profit this year.

Cash & shareholders

USD 8.1M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 42.9
25.0M50.0M-25.0M-50.0M
200920172025
Net buybacks $M Dividends $M
FY2025 · Dividends 8.1 · Net buybacks 0.0
15.0M30.0M-25.0M-50.0MDividendsNet buybacks
200920112013201520172019202120232025

USD 8.1M in dividends and USD 10,000.00 in buybacks — 178% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 1.1B
EquityUSD 297.2M
CashUSD 138.3M
Gross debtUSD 71.0M
Net debtUSD -67.3M
Current ratio2.30×

The company holds more cash than debt.

The 17-year record

17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
IMMR, 17-year financial record
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B1.71.60.00.00.00.00.00.10.00.10.10.10.00.00.00.00.0
Operating income $B0.00.10.00.00.00.0−0.00.1−0.0−0.00.00.00.0−0.0−0.0−0.0−0.0
EBITDA $B0.10.20.00.00.00.0−0.00.1−0.0−0.00.00.00.0−0.0−0.0−0.0−0.0
Income tax $B0.00.00.0−0.00.0−0.00.00.00.00.00.00.0−0.00.00.00.0−0.0
Net income $B0.00.10.00.00.00.0−0.00.1−0.0−0.00.00.00.0−0.0−0.0−0.0−0.0
Free cash flow $B0.0−0.10.00.00.0−0.0−0.00.1−0.00.00.0−0.00.0−0.0−0.0−0.0−0.0
EPS, diluted $0.141.901.040.920.390.19−0.641.73−1.55−1.370.100.141.37−0.26−0.12−0.21−1.01
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout %17820220—————————————
ROE %1.526.719.920.512.27.3−21.999.4−139.4−55.53.55.273.0−21.4−8.6−12.2−41.7
Shares out B0.030.030.030.030.030.030.030.030.030.030.030.030.030.030.030.03◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

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Provenance

Company facts, as filed

How we verify · 0 failures in 68 reconciliationsAUDITED

Reconciled in 17 of the 17 fiscal years we could check. Six checks were skipped: the balance sheet is not tagged before 2010. Three checks were skipped: the share count is not tagged before 2010. Two checks were skipped: revenue is not tagged before 2009.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityComputer Peripheral Equipment, NEC
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsApril 30
SEC categorysmaller reporting company
Data on record since2008

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