SemiLEDs Reports Q4 Revenue Decline, Lower Margins, and Negative Altman Z-Score

Saturday, Nov 29, 2025 5:53 am ET1min read

SemiLEDs Corp reported a 25% decline in revenue to $13.2 million in Q4, with a GAAP gross margin of 2%, down from 5% in the previous quarter. The company operates in the growing semiconductor industry, focusing on LED technology, but its financial health indicators suggest potential distress, including a negative Altman Z-Score and lower valuation metrics.

SemiLEDs Reports Q4 Revenue Decline, Lower Margins, and Negative Altman Z-Score

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