Opening the filing
8-K
The information in Item 2.02 and Exhibit 99.1 in this Current Report on Form 8-K shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act.
Item 8.01. Other Events.
On September 14, 2026, the Company announced that its Board of Directors (the “Board”) declared a quarterly cash dividend of $0.075 per share on the Company’s outstanding common stock payable, subject to any prior revocation, on October 30, 2026 to stockholders of record on October 16, 2026. Future dividends will be subject to further review and approval by the Board in accordance with applicable law. The Board reserves the right to declare, adjust or withdraw quarterly dividends in future periods as it reviews the Company’s capital allocation strategy from time-to-time.
Forward-Looking Statements Statements in this filing about the Company that are not historical facts are forward-looking statements based on our current expectations and estimates. These forward-looking statements are subject to risks and uncertainties that could cause actual future events or results to differ materially from such statements. Our current expectations may not prove to be accurate. The words “estimates,” “expects,” “anticipates,” “believes” and variations of such words or similar expressions are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future results. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this report, except as required by applicable law or regulation.
Item 9.01 Financial Statements and Exhibits.
Exhibit 99.1
EX-99.1 immr-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1
Immersion Corporation Reports First Quarter of Fiscal 2027 Results GAAP Net Income Attributable to Immersion Stockholders of $4.9 million or $0.17 per diluted share Non-GAAP Net Income Attributable to Immersion Stockholders of $16.6 million or $0.50 per diluted share AVENTURA, FL, September 14, 2026 – Immersion Corporation (“Immersion”, the “Company”, “we”, “us” or “our”) (Nasdaq: IMMR), a premier licensing company of technologies for haptics, reported financial results for the first quarter of its fiscal year ending April 30, 2027 (“Fiscal 2027”).
First Quarter of Fiscal 2027 Consolidated Financial Summary (1) :
• Total revenues of $294.4 million for the three months ended July 31, 2026, compared to $292.0 million for the three months ended July 31, 2025.
• GAAP Operating expenses were $80.4 million for the three months ended July 31, 2026, compared to $84.8 million for the three months ended July 31, 2025. Non-GAAP Operating expenses were $68.7 million for the three months ended July 31, 2026, compared to $66.9 million for the three months ended July 31, 2025.
• GAAP Net income (loss) attributable to Immersion stockholders was $4.9 million, or $0.17 per diluted share for the three months ended July 31, 2026, compared to $(0.9) million, or $(0.03) per diluted share, for the three months ended July 31, 2025.
• Non-GAAP Net income (loss) attributable to Immersion stockholders was $16.6 million, or $0.50 per diluted share, for the three months ended July 31, 2026, compared to $16.9 million, or $0.52 per diluted share, for the three months ended July 31, 2025.
(1) On June 10, 2024, the Company closed certain transactions with Barnes & Noble Education, Inc. (“Barnes & Noble Education”). As part of the transactions, the Company acquired 42% of all outstanding common shares of Barnes & Noble Education, as well as control over Barnes & Noble Education through the five Immersion-appointed board seats. As of July 31, 2026, Immersion’s stock ownership had reduced to 32.3% as a result of additional issuances of Barnes & Noble Education’s common stock to noncontrolling stockholders. The financial information presented in this press release includes the consolidated financial information of Barnes & Noble Education for the fiscal three months ended July 31, 2026 and 2025. The Company owns approximately 11.2 million shares of Barnes & Noble Education’s common stock.
Eric Singer, Chairman and Chief Executive Officer, stated, “Our fiscal year is off to a strong start. While financial performance can be lumpy, we continue to be focused on executing against strategic initiatives that will drive long-term shareholder value.”
Immersion will distribute a quarterly dividend of $0.075 per share on October 30, 2026, to stockholders of record as of October 16, 2026. This will mark our sixteenth consecutive quarterly dividend.
About Immersion Corporation Immersion Corporation (Nasdaq: IMMR) was incorporated in 1993 in California and reincorporated in Delaware in 1999.
The Company is a leading provider of touch feedback technology, also known as haptics. The Company accelerates and scales haptic experiences by providing haptic technology for mobile, automotive, gaming, and consumer electronics. Haptic technology creates immersive and realistic experiences that enhance digital interactions by engaging users’ sense of touch. Learn more at www.immersion.com .