ATOM

MKT CAP:$291M

Atomera Incorporated

Market Cap

$291M

Technology·Semiconductors·🇺🇸 United States·NASDAQ

Technology·Semiconductors·🇺🇸·NASDAQ

Stock Price

$6.61+$4.25 (+180.08%)

Apr 21, 2026

Company Details

Atomera Incorporated develops, commercializes, and licenses proprietary materials, processes, and technologies for the semiconductor industry in North America and the Asia Pacific. The company's lead technology is the Mears Silicon Technolo...

CEO

Scott A. Bibaud

IPO Date

Aug 8, 2016

Website

www.atomera.com

Key Metrics TTM

Revenue

$65.0K

-51.9% YoY

Net Income

-$20M

EPS (Diluted)

-$0.65

Free Cash Flow

-$15M

Revenue / Share

$0.00

Gross Margin

-915.4%

Operating Margin

-32496.9%

Net Margin

-31036.9%

FCF Margin

-22935.4%

P/S

4475.0x

P/E

—

Earnings Reports

Q1 2026

May 12, 2026

PENDING

FY 2025

Feb 24, 2026

$65.0K-51.9%EPS -$0.65

Q4 2025

Feb 24, 2026

$50.0K+117.4%EPS -$0.14

Q3 2025

Oct 29, 2025

$11.0K-50.0%EPS -$0.18

Q2 2025

Aug 5, 2025

$0-100.0%EPS -$0.16

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$375.0K	$294.0K	-$4M
Q2 22	$0	-$68.0K	-$4M
Q3 22	$2.0K	$2.0K	-$5M
Q4 22	$5.0K	$5.0K	-$4M
Q1 23	$0	-$72.0K	-$5M
Q2 23	$0	-$70.0K	-$5M
Q3 23	$0	-$77.0K	-$5M
Q4 23	$550.0K	$522.0K	-$5M
Q1 24	$18.0K	-$15.0K	-$5M
Q2 24	$72.0K	-$2.0K	-$5M
Q3 24	$22.0K	$19.0K	-$5M
Q4 24	$23.0K	$10.0K	-$5M
Q1 25	$4.0K	$4.0K	-$5M
Q2 25	$0	-$388.0K	-$5M
Q3 25	$11.0K	-$117.0K	-$6M
Q4 25	$50.0K	-$94.0K	-$5M

Valuation

Quarter	P/S	P/E
Q1 22	775.7x	—
Q2 22	775.7x	—
Q3 22	771.6x	—
Q4 22	761.5x	—
Q1 23	41553.6x	—
Q2 23	41553.6x	—
Q3 23	58175.0x	—
Q4 23	528.9x	—
Q1 24	512.1x	—
Q2 24	454.5x	—
Q3 24	439.4x	—
Q4 24	2154.6x	—
Q1 25	2403.9x	—
Q2 25	5936.2x	—
Q3 25	7654.6x	—
Q4 25	4475.0x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	-$4M	-$4M
Q2 22	-$3M	-$3M
Q3 22	-$3M	-$3M
Q4 22	-$3M	-$3M
Q1 23	-$4M	-$4M
Q2 23	-$4M	-$4M
Q3 23	-$3M	-$3M
Q4 23	-$3M	-$3M
Q1 24	-$4M	-$4M
Q2 24	-$3M	-$3M
Q3 24	-$3M	-$3M
Q4 24	-$3M	-$3M
Q1 25	-$5M	-$5M
Q2 25	-$4M	-$4M
Q3 25	-$3M	-$3M
Q4 25	-$3M	-$3M

Capital Expenditures

Quarter	CapEx
Q1 22	$16.0K
Q2 22	$3.0K
Q3 22	$7.0K
Q4 22	$13.0K
Q1 23	$15.0K
Q2 23	$3.0K
Q3 23	$13.0K
Q4 23	$0
Q1 24	$0
Q2 24	$6.0K
Q3 24	$6.0K
Q4 24	$8.0K
Q1 25	$4.0K
Q2 25	$10.0K
Q3 25	$13.0K
Q4 25	$10.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	-6.3%	+9.6%
Q2 22	—	+19.8%
Q3 22	—	+12.6%
Q4 22	—	+8.3%
Q1 23	-100.0%	+17.6%
Q2 23	—	+20.5%
Q3 23	-100.0%	+14.9%
Q4 23	+10900.0%	+21.2%
Q1 24	—	-2.2%
Q2 24	—	-12.3%
Q3 24	—	-9.9%
Q4 24	-95.8%	-8.5%
Q1 25	-77.8%	+8.2%
Q2 25	-100.0%	+11.8%
Q3 25	-50.0%	+20.4%
Q4 25	+117.4%	-4.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$0	0.0%
Q2 22	$859.0K	—
Q3 22	$889.0K	44450.0%
Q4 22	$893.0K	17860.0%
Q1 23	$927.0K	—
Q2 23	$1M	—
Q3 23	$1M	—
Q4 23	$1M	184.5%
Q1 24	$1M	5688.9%
Q2 24	$987.0K	1370.8%
Q3 24	$907.0K	4122.7%
Q4 24	$949.0K	4126.1%
Q1 25	$1M	25225.0%
Q2 25	$1M	—
Q3 25	$1M	12200.0%
Q4 25	$1M	2668.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q1 22	$2M	$2M	$325.0K	—
Q2 22	$2M	—	—	$2M
Q3 22	$3M	$2M	$347.0K	—
Q4 22	$3M	$2M	$329.0K	—
Q1 23	$3M	—	—	$2M
Q2 23	$3M	—	—	$2M
Q3 23	$3M	—	—	$2M
Q4 23	$3M	$2M	$452.0K	—
Q1 24	$3M	$2M	$350.0K	—
Q2 24	$3M	$2M	$207.0K	—
Q3 24	$3M	$2M	$248.0K	—
Q4 24	$3M	$2M	$248.0K	—
Q1 25	$3M	$2M	$124.0K	—
Q2 25	$3M	$2M	$141.0K	—
Q3 25	$3M	$2M	$207.0K	—
Q4 25	$3M	$2M	$286.0K	—

Revenue Segments

Quarter

Revenue by Geography

Quarter	Asia Pacific	North America
Q1 22	$300.0K	$75.0K
Q3 22	—	$2.0K
Q4 22	—	$5.0K
Q1 24	—	$18.0K
Q2 24	—	$72.0K
Q3 24	—	$22.0K
Q4 24	—	$23.0K
Q1 25	—	$4.0K
Q3 25	—	$11.0K
Q4 25	—	$50.0K

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$24M	$0	$24M
Q2 22	$22M	$0	$22M
Q3 22	$23M	$0	$23M
Q4 22	$21M	$0	$21M
Q1 23	$12M	$5M	$17M
Q2 23	$13M	$11M	$24M
Q3 23	$13M	$8M	$20M
Q4 23	$13M	$7M	$20M
Q1 24	$15M	$4M	$19M
Q2 24	$14M	$4M	$18M
Q3 24	$14M	$4M	$17M
Q4 24	$26M	$995.0K	$27M
Q1 25	$24M	$0	$24M
Q2 25	$22M	$0	$22M
Q3 25	$20M	$0	$20M
Q4 25	$19M	$0	$19M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	23M	+0.4%	+3.5%
Q2 22	23M	+0.4%	+2.0%
Q3 22	23M	+1.6%	+2.9%
Q4 22	24M	+1.0%	+3.5%
Q1 23	24M	+0.5%	+3.5%
Q2 23	25M	+4.3%	+7.6%
Q3 23	25M	+2.3%	+8.4%
Q4 23	25M	+0.6%	+7.9%
Q1 24	26M	+2.5%	+10.1%
Q2 24	26M	+1.6%	+7.3%
Q3 24	27M	+3.5%	+8.5%
Q4 24	27M	-0.7%	+7.1%
Q1 25	30M	+11.1%	+16.1%
Q2 25	30M	+0.5%	+14.8%
Q3 25	31M	+2.4%	+13.6%
Q4 25	32M	+1.5%	+16.1%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$19.7K	19
Q2 22	$0	19
Q3 22	$105	19
Q4 22	$238	21
Q1 23	$0	21
Q2 23	$0	21
Q3 23	$0	21
Q4 23	$26.2K	21
Q1 24	$857	21
Q2 24	$3.4K	21
Q3 24	$1.0K	21
Q4 24	$1.1K	20
Q1 25	$200	20
Q2 25	$0	20
Q3 25	$550	20
Q4 25	$2.4K	21

Revenue / Employee