Atomera Incorporated

ATOM Technology Semiconductor Equipment & Materials

Atomera Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $65,000.00, down 51.9% from fiscal 2024.

Revenue
+3,850.0%
EPS
+11.8%
Free cash flow
+5.57%

Quarter to September 2026, against a year earlier

2.94 0.33 +12.64%
Market cap
$101.8M
P/E
0.0×
Fwd P/E
−17.6×
Dividend yield
—
F-score
3/9
Altman Z
−3.26
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 1.86
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — 1 3 — — 7 1 1 3 1 —
Insider Ownership 4.91%

Capital & Financial Ratios $m

Size
Market Cap 101.81
Revenue ttm 0.23
Net income ttm (22.84)
Free cash flow ttm (14.96)
Net debt Q (34.83)
Valuation
P/E 0.00
Forward P/E (17.60) (negative: loss-making)
Price / sales 441.42 (above 10: high)
Forward P/S Powerpack
Price / FCF 0.00
Price / book 3.10
Financial health
Current ratio Q 7.35 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q (904.00)
Growth
Revenue growth Q +3,850.00% (above 0%: growing)
Operating income growth Q −9.24% (below 0%: shrinking)
EPS, this year +26.15% (at or above 15%: strong)
EPS, next year A +8.33%
Revenue, next year A +361.54% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +20.00% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 54.03%
10-year low 10-year high
P/B against its own 10 years 16.50%
10-year low 10-year high
EV/Sales against its own 10 years 43.92%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 20 27 19 35
Receivables 1 0 0 0
Inventory — — — —
Other — — — —
20 27 20 35
2023 2024 2025 Q'26
Payables 1 0 1 1
ST’ Debt — — — —
Other — — — —
4 4 2 5

Compound Annual Growth %

10y 5y 3y
Sales — 0.95% (44.59%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% (13.22%) (3.28%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.17) (0.17) (0.15) — —
’25 (0.17) (0.17) (0.17) (0.14) (0.65)
’24 (0.19) (0.16) (0.17) (0.16) (0.68)
’23 (0.21) (0.21) (0.20) (0.18) (0.80)
’22 (0.18) (0.20) (0.20) (0.18) (0.75)
’21 (0.16) (0.17) (0.19) (0.18) (0.70)
’20 (0.22) (0.21) (0.19) (0.19) (0.79)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 0 0 — — —
’25 0 — 0 0 0
’24 0 0 0 0 0
’23 — — — — 1
’22 0 — 0 0 0
’21 0 — — — 0
’20 0 — — — 0
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (5) (4) (3) — —
’25 (5) (4) (3) (3) (15)
’24 (4) (3) (3) (3) (13)
’23 (4) (4) (3) (3) (15)
’22 (4) (3) (3) (3) (12)
’21 (4) (3) (3) (3) (12)
’20 (4) (3) (3) (3) (12)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (5) (4) (3) — —
’25 (5) (4) (3) (3) (15)
’24 (4) (3) (3) (3) (13)
’23 (4) (4) (3) (3) (15)
’22 (4) (3) (3) (3) (13)
’21 (4) (3) (3) (3) (13)
’20 (4) (3) (3) (3) (12)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — 0 0 1 0 0 0 1 0 0 0 (6.4%) 0 1 — +292.2%
Gross margin, % 0.00 64.55 39.84 52.53 79.03 100.00 78.80 94.91 8.89 (393.85) (78.70) (393.8) pt
EBT (13) (13) (13) (13) (15) (16) (17) (20) (18) (20) (23) +5.4%
EBT margin, % 0.00 (11,880.00) (5,242.68) (2,495.31) (23,996.77) (3,912.00) (4,565.71) (3,598.18) (13,655.56) (31,036.92) 0.00 (31,036.9) pt
Net income (13) (13) (13) (13) (15) (16) (17) (20) (18) (20) (23) +5.4%
Per share, $
Per share, $ Revenue 0.00 0.01 0.02 0.03 0.00 0.02 0.02 0.02 0.01 0.00 0.00 n/m
Earnings (2.22) (1.08) (1.02) (0.84) (0.79) (0.70) (0.75) (0.80) (0.68) (0.65) (0.63) (12.8%)
Cash flow (1.20) (0.79) (0.77) (0.66) (0.64) (0.55) (0.54) (0.59) (0.49) (0.48) (0.38) (9.6%)
Capex 0.00 (0.01) 0.00 0.00 (0.01) 0.00 0.00 0.00 0.00 0.00 0.00 (11.7%)
Free cash flow (1.20) (0.79) (0.77) (0.66) (0.65) (0.56) (0.54) (0.59) (0.49) (0.48) (0.38) (9.6%)
Book value 4.55 1.43 1.40 0.87 1.99 1.26 0.88 0.73 0.92 0.60 0.84 (20.2%)
Shares, m 6 12 13 16 19 22 23 25 27 31 36 +20.7%
Valuation, ×
Valuation, × P/E — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
P/S — 0.00 0.00 91.60 575.80 529.91 183.60 205.45 2,338.65 774.61 441.42 522.2
P/B — 2.86 2.05 3.55 8.08 15.95 7.07 8.84 12.59 3.71 3.10 7.2
EV/Sales — 0.00 0.00 63.78 504.54 501.17 160.33 182.71 2,143.65 557.59 290.48 457.1
EV/FCF — (4.00) (2.45) (3.25) (21.67) (34.10) (10.00) (9.80) (21.87) (3.29) (4.46) (12.3)
Cash, $m
Cash, $m Operating cash flow (7) (9) (10) (10) (12) (12) (12) (15) (13) (15) (15) +9.1%
Capex 0 0 0 0 0 0 0 0 0 0 0 +6.4%
Free cash flow (7) (9) (10) (10) (12) (13) (13) (15) (13) (15) (15) +9.1%
Balance, $m
Balance, $m Working capital 26 17 18 14 37 26 19 17 24 18 31 (4.2%)
Net debt (27) (17) (19) (15) (37) (25) (18) (18) (26) (19) (35) (3.6%)
Shareholders’ equity 26 17 18 14 37 28 20 18 25 18 33 (3.7%)
Returns, %
Returns, % ROA (83.24) (58.49) (69.41) (76.89) (54.46) (41.65) (55.55) (77.98) (69.37) (80.35) (75.65) +2.9 pt
ROIC 0.00 0.00 0.00 0.00 (186,500.00) (252.75) (517.66) (3,322.14) 0.00 0.00 0.00 0.0 pt
ROE (198.16) (61.20) (74.54) (84.40) (58.21) (47.82) (71.63) (102.85) (85.25) (92.84) (88.14) +105.3 pt
People
People Employees 15 16 17 17 21 19 21 21 20 21 — +3.8%
Revenue/emp, $m 0.00 0.01 0.01 0.03 0.00 0.02 0.02 0.03 0.01 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 5 Nov 2026

Atomera Incorporated vs peers in Semiconductor Equipment & Materials (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
COHU Cohu, Inc. $1.7B — (loss-making) 353× +37.00% (above 0%: growing) n/m +116.61% (above 0%: growing) 45.51% 7.40% Compare
AEHR Aehr Test Systems $1.6B — (loss-making) 106× +33.69% (above 0%: growing) n/m +133.16% (above 0%: growing) 42.57% (6.40%) Compare
PLAB Photronics, Inc. $1.5B 9.0× 12.3× +2.69% (above 0%: growing) +25.00% (above 0%: growing) +56.06% (above 0%: growing) 33.20% 21.06% Compare
ICHR Ichor Holdings, Ltd. $1.1B 483× 54.5× +37.36% (above 0%: growing) n/m −1,983.47% (below 0%: shrinking) 15.83% 6.94% Compare
NANO Forge Nano Holdings, Inc. $522.3M — — — — — — — Compare
ASYS Amtech Systems, Inc. $194.1M 41.8× 39.2× +14.45% (above 0%: growing) +1,386.49% (above 0%: growing) −47.84% (below 0%: shrinking) 50.01% 9.86% Compare
INTT inTest Corporation $157.8M 104× 57.9× +25.54% (above 0%: growing) n/m +614.26% (above 0%: growing) 40.49% 1.03% Compare
ATOM Atomera Incorporated $101.8M — (loss-making) — (loss-making) +3,850.00% (above 0%: growing) n/m +5.57% (above 0%: growing) 83.54% 0.00%
TRT Trio-Tech International $47.1M — (loss-making) 19.5× +39.92% (above 0%: growing) n/m +118.83% (above 0%: growing) 18.61% (1.78%) Compare
Median of peers $786.2M 72.7× 54.5× +33.69% — +116.61% 40.49% 6.94%

All 30 Semiconductor Equipment & Materials stocks →

Pay and ownership Proxy statement filed 27 March 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 2.54m (1.48m) 35.53
2024 2.04m 4.40m 186.50
2023 1.84m 2.40m 112.70

Ownership

Directors and executive officers, together 8.10%
CVI Investments PO Box 5.42%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Atomera Incorporated (ATOM) Latest News

30 Oct

Impact 3 · · The Motley Fool transcript

29 Oct

Impact 4 · · PR Newswire
Impact 3 · · MarketBeat

11 Aug

Impact 4 · · The Motley Fool transcript

4 Aug

Impact 3 · · MarketBeat transcript

4 Jun

5 May

Impact 4 · · MarketBeat
Impact 4 · · ACCESS Newswire

24 Feb

23 Feb

18 Feb

Impact 3 · · Simply Wall St.MarketBeatGuruFocus.comSimply Wall St.

12 Feb

Impact 4 · · MarketBeat transcript
Impact 4 · · ACCESS Newswire

27 Jan

Impact 4 · · Business WireInsider MonkeySimply Wall St.
stockrow.com/ATOM · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com