What does Aeluma do and what are its main business segments?

What is Aeluma's gross profit margin?

Did Aeluma beat or miss consensus estimates last quarter?

What is the revenue and EPS growth rate for Aeluma year over year?

What factors drove the changes in Aeluma's revenue and profit?

What guidance did Aeluma's management provide for the next earnings period?

What were the key takeaways from Aeluma's earnings call?

What is the market's earnings forecast for Aeluma next quarter?

- **Strategic Momentum**: Initial sales orders and R&D contracts signal commercialization progress in mobile, AI, and defense markets.
- **Quantum Leap**: Advancing 300mm silicon photonics platform for quantum applications, with near-term focus on high-speed data center detectors.
- **Financial Resilience**: $38.6M cash cushion supports growth; FY2026 revenue guidance of $4-6M reflects cautious optimism.
- **AI Infrastructure Play**: Leveraging SWIR sensor expertise to solve industry bottlenecks in 200G+ optical modules.


**【CEO Summary Section】**
- Highlighted the $300 billion+ hyperscaler data center CapEx trend, positioning Aeluma's SWIR sensors for high-performance, cost-effective solutions in mobile, AI, and defense markets.
- Announced Bouch Nessar as SVP of Business Development, leveraging his 30+ years in optical networking and sensing to accelerate commercialization.
- Reported growing customer engagement, with initial sales orders and R&D contracts (e.g., NASA quantum photonics, MMEC defense partnerships).
- Received 2025 LEAP Award for SWIR photodetector innovation and expanded patent portfolio to 35 issued/pending.

**【CFO Financial Commentary】**
- Q2 FY2026 revenue: $1.3M (down 20% YoY, +7% QoQ) driven by government R&D contracts.
- GAAP net loss: $1.9M (-34% YoY) due to one-time derivative liability charge; Adjusted EBITDA loss: $917K.
- Cash balance: $38.6M (up $425K QoQ) from warrant exercises; no long-term debt.
- FY2026 revenue guidance: $4-6M, with modest near-term sales orders and focus on scaling manufacturing.

**【Q&A Key Highlights】**
- **End Market Adoption**: Mobile, AI, defense, and quantum customers requesting quotes; small initial orders indicate broader market interest.
- **Quantum Photonics**: Developing 300mm silicon photonics platform for photon generation/routing; near-term focus on high-speed detectors for 200G+ data centers.
- **Mobile SWIR Sensors**: Supply chain gearing up for consumer adoption; Aeluma's InGaAs alternative offers cost-scalability for mass markets.
- **AI Infrastructure**: Addressing industry bottlenecks with high-speed detectors for EML/VCSEL transceivers; targeting 200G+ co-packaged optics opportunities.


Aeluma Inc (ALMU) Q2 2026 Earnings Call Transcript

- **AI-Driven Growth**: Transitioning to commercial-scale production of optical components for AI infrastructure, with $38M cash to support expansion.
- **NASA Contract Win**: Quantum systems for space-based platforms, showcasing dual-use tech strategy.
- **Manufacturing Momentum**: 5x wafer runs at fabs, acquiring test equipment at 1% of market value.
- **Revenue Guidance**: $4-6M FY2026, with focus on commercial product launch.
- **Key Market Play**: High-speed transceivers and quantum dot lasers targeting co-packaged optics adoption in 2027+.

**【CEO Summary Section】**
- Aeluma is capitalizing on AI-driven demand for optical components, transitioning to commercial-scale semiconductor production.
- Completed a $23.4M capital raise, boosting cash to $38.1M, supporting R&D and commercialization efforts.
- Signed a NASA contract for quantum systems, expanding dual-use tech for government and commercial markets.
- Increased wafer runs by 5x at foundry partners, acquiring test equipment at 1% of market value.
- Hired key roles in supply chain, manufacturing, and business development, attracting top talent.

**【CFO Financial Commentary】**
- Q1 FY2026 revenue: $1.4M (vs. $0.48M YoY), GAAP net loss: $1.5M, Non-GAAP net loss: $0.437M.
- $38.1M cash post-public offering, no long-term debt.
- FY2026 revenue guidance: $4-6M, focusing on transitioning from R&D to commercial product revenue.
- Expect increased spending on production, tech validation, and team expansion.

**【Q&A Highlights】**
- **Engagement Progress**: 20+ active engagements in defense, aerospace, AI infrastructure; delivered samples to key customers.
- **Manufacturing Readiness**: 5x wafer runs at fabs; capable of supporting defense/aerospace volumes; mobile/consumer electronics require further capacity investment.
- **Commercial Timeline**: Aiming for initial commercial revenue in FY2026; quantum dot lasers and high-speed transceivers target co-packaged optics adoption.
- **Government Impact**: Shutdown delays contracts, but non-dilutive funding continues; focus shifting to commercial opportunities.
- **Fab Relationships**: Confidential, but increasing runs at existing partners; no new fabs added recently.


Aeluma Inc (ALMU) Q1 2026 Earnings Call Transcript

**Key Takeaways:**
- **Revenue Momentum**: $4.7M FY2025 revenue, up 411% YoY, driven by government contracts and strategic partnerships.
- **Commercial Inflection Point**: 20 active customer engagements across defense, AI, and mobile markets, with $4.9B TAM by 2030.
- **Financial Strength**: $15.7M cash, no debt, and reduced cash burn to $1.1M FY2025.
- **Strategic Positioning**: NASDAQ uplisting, DARPA/NASA partnerships, and 30+ issued patents for semiconductor innovation.
- **Growth Catalysts**: Doubling headcount, fab partner scalability, and selective contract bidding for commercial readiness.

**【CEO Summary Section】**
- Illumina achieved $4.7 million in fiscal 2025 revenue, up from $0.9 million in 2024, driven by government R&D contracts and strategic partnerships.
- Emphasis on transitioning from R&D to commercialization, with 20 active engagements across defense/aerospace, AI infrastructure, and mobile electronics.
- Highlighted as a disruptor in semiconductors, with potential market size of $4.9 billion by 2030 (48% CAGR).
- Uplisting on NASDAQ and $13.8 million public offering, positioning for growth with $15.7 million in cash and no debt.

**【CFO Financial Commentary】**
- Q4 2025 GAAP net loss: $0.85 million vs. $0.99 million in Q4 2024.
- Non-GAAP metrics: Adjusted EBITDA loss of $0.113 million vs. $0.718 million in Q4 2024.
- FY2025 cash burn reduced to $1.1 million (from $3.5 million in 2024), with plans to double headcount in 2026.
- FY2026 revenue guidance: $4-6 million, driven by milestone-based contracts and selective commercial opportunities.

**【Q&A Highlights】**
- **Market Focus**: Defense/aerospace (low volume/high margin), AI infrastructure (millions/year), mobile electronics (tens of millions/year).
- **Supply Chain**: 4 active fab partners, 2 prospective partners, and strategic NDA-driven customer engagements.
- **Headcount Growth**: Doubling team size to expand biz dev, R&D, and production capabilities.
- **Technology Readiness**: Mature IP, government validation (DARPA, NASA), and commercial scalability for high-performance semiconductors.
- **Risk Management**: Selective contract bidding, capital-light model, and dependency on customer design wins for commercial traction.

Actual	-0.01	-0.03	-0.11
Forecast	-0.015	-0.025	-0.05
Surprise	+33.33%	-20.00%	-120.00%

Actual	1.32M	1.39M	1.27M
Forecast	1.24M	1.26M	1.40M
Surprise	+6.64%	+9.92%	-8.82%

ALMU

ALMU fundamentals

ALMU Q2 2026 Earnings

Earnings Call

You can ask Aime

ALMU

ALMU fundamentals

ALMU Q2 2026 Earnings

Earnings Call

ALMU Earnings Call Summary for Q2/20265:00 PM on Feb 11, 2026

ALMU Earnings Call Summary for Q1/20265:00 PM on Nov 12, 2025

ALMU Earnings Call Summary for Q4/20255:00 PM on Sep 9, 2025

You can ask Aime