Immersion Corporation

IMMR Technology Software Application

In the quarter to July 2026, revenue was flat, EPS grew 666.7%, free cash flow grew 27.9% and total debt fell 27.4%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

6.95 0.12 −1.70%
Market cap
$237.1M
P/E
19.9×
Fwd P/E
24.9×
Dividend yield
4.96%
F-score
n/a
Altman Z
2.45
Beneish M
−2.49
Dividend safety
45/100

Insider Decisions trades per month

Total buys 0.29
Total sells 0.03
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — 1
Sell — — — — — — — 1 — — — —
Insider Ownership 18.29%

Capital & Financial Ratios $m

Market Cap 237.09
Revenue 1,733.06
Net Income 18.37
Free Cash Flow 61.13
Net Debt (86.00)
Current Ratio 2.14 (at or above 1.5: strong)
Debt/Equity 0.22 (at or below 0.5: strong)
P/E ratio 19.86
Fwd P/E 24.90
P/S ratio 0.13
P/B ratio 0.41
Past 5Y EPS Growth —
This Y EPS Growth (86.09%) (below 0%: weak)
Next Y EPS Growth (72.36%) (below 0%: weak)
Next Y revenue growth (99.17%) (below 0%: weak)
Next 5Y EPS Growth 20.00% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 72.99%
10-year low 10-year high
P/S against its own 10 years 8.44%
10-year low 10-year high
P/B against its own 10 years 7.78%
10-year low 10-year high
EV/Sales against its own 10 years 3.35%
10-year low 10-year high
EV/FCF against its own 10 years 42.41%
10-year low 10-year high

Dividends

Payout Ratio 1.01
Annual Dividend Rate 0.35
Annual Dividend Yield 4.96%
total individual payouts
2026 0.30
0.08
0.08
0.08
0.08
2025 0.14
0.25
0.05
0.05
0.05
2024 0.18
0.05
0.05
0.05
0.05
2023 0.12
0.03
0.03
0.03
0.03
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
special payouts not included in total or ratios

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash — 161 180 210
Receivables — 101 119 181
Inventory — 326 325 372
Other — — — —
— 632 675 811
2024 2025 2026 Q'26
Payables — 149 136 211
ST’ Debt — — — —
Other — 10 12 23
— 266 293 379

Compound Annual Growth %

10y 5y 3y
Sales 39.19% 124.34% 255.69%
Cash Flow 19.38% 385.05% 13.74%
Earnings 4.68% (3.52%) (47.19%)
Book Value 20.68% 54.73% 53.23%

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’26 — — — — 1,731
’25 44 99 — — 1,556
’23 7 7 9 10 34
’22 7 8 14 9 38
’21 7 11 7 10 35
’20 6 6 8 11 30
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’26 — — — — 59
’25 30 (56) — — (58)
’23 4 9 4 8 21
’22 11 19 14 8 40
’21 4 9 2 7 17
’20 (1) (5) 2 3 0
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’26 — — — — 43
’25 30 (57) — — (68)
’23 4 9 4 8 21
’22 11 19 14 8 40
’21 4 9 2 6 17
’20 (1) (5) 2 3 0
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 — — — — —
’26 — — — — 0.14
’25 0.59 0.64 — — 2.84
’23 0.25 0.21 0.08 0.49 1.04
’22 0.15 (0.05) 0.23 0.60 0.92
’21 0.07 0.17 0.12 0.04 0.39
’20 (0.16) (0.03) 0.11 0.30 0.19
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to April

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low 5.76 6.94 6.40 4.23 5.11 4.28 5.94 6.54 5.65 5.25

Analyst estimates 2027–2029

Powerpack
High 11.85 17.70 10.74 13.67 16.64 8.31 9.25 13.94 9.07 8.05
People
People Employees 81 64 56 54 26 20 14 — 8 8
Revenue/emp, $m 0.43 1.73 0.64 0.56 1.35 1.92 2.42 — 194.48 216.34
Income, $m
Income, $m Revenue 35 111 36 30 35 38 34 — 1,556 1,731
Gross margin, % 99.44 99.80 99.53 99.45 99.75 100.00 100.00 — 27.75 21.45
EBT (45) 55 (20) 3 17 27 43 — 119 26
EBT margin, % (127.98) 49.32 (54.44) 10.37 49.27 70.11 126.52 — 7.67 1.50
Net income (45) 54 (20) 5 12 31 34 — 94 9
Depreciation 1 1 2 2 0 0 0 — 35 43
Per share, $
Per share, $ Revenue 1.20 3.64 1.14 1.08 1.12 1.16 1.05 — 48.29 52.66
Earnings (1.55) 1.78 (0.64) 0.19 0.40 0.92 1.05 — 2.00 0.14
Cash flow (1.50) 2.30 (1.08) 0.00 0.55 1.21 0.64 — (1.79) 1.80
Capex 0.00 0.00 0.00 0.00 (0.01) 0.00 0.00 — (0.32) (0.49)
Free cash flow (1.51) 2.29 (1.09) 0.00 0.54 1.21 0.64 — (2.11) 1.30
Book value 0.33 3.27 2.66 2.28 4.49 4.74 5.68 — 17.34 17.27
Shares, m 29 30 32 28 31 33 32 — 32 33
Valuation, ×
Valuation, × P/E 0.00 4.85 0.00 50.27 14.29 8.08 6.80 — 6.57 40.87
P/S 5.91 2.46 6.52 10.42 5.12 6.55 6.73 — 0.14 0.12
P/B 21.42 2.74 2.80 4.96 1.27 1.60 1.25 — 0.42 0.36
EV/Sales 4.58 1.33 4.10 8.52 1.20 2.66 2.01 — 0.11 0.05
EV/FCF (2.75) 0.95 (3.52) (190.60) 1.97 2.01 2.83 — (1.36) 2.15
Cash, $m
Cash, $m Operating cash flow (44) 70 (34) 0 17 40 21 — (58) 59
Capex 0 0 0 0 0 0 — — (10) (16)
Free cash flow (44) 70 (34) 0 17 40 21 — (68) 43
Balance, $m
Balance, $m Working capital 29 120 95 66 137 142 153 — 366 382
Total debt — — 3 2 1 0 — — 103 71
Net debt (47) (125) (87) (58) (137) (150) (160) — (58) (109)
Shareholders’ equity 10 100 84 64 141 158 183 — 559 567
Returns, %
Returns, % ROA (58.16) 54.90 (14.80) 4.89 9.19 16.77 16.74 — 9.51 0.42
ROIC 0.00 0.00 0.00 22.61 283.11 190.35 49.27 — 14.74 3.54
ROE (139.36) 99.42 (21.86) 7.31 12.16 20.51 19.94 — 16.89 0.80
Negative figures in brackets.

All 10 years →

Fiscal years to Apr 2026 · latest quarter Jul 2026 · fundamentals updated 2 Oct 2026

Charts ten years each

Immersion Corporation vs peers in Software Application (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
RBBN Ribbon Communications Inc. $253.9M 14.8× — (loss-making) −12.80% (below 0%: shrinking) n/m −152.43% (below 0%: shrinking) 46.97% (6.35%) Compare
AZ A2Z Cust2Mate Solutions Corp. $253.6M — (loss-making) — (loss-making) +408.97% (above 0%: growing) n/m −105.27% (below 0%: shrinking) 42.55% (128.56%) Compare
ALIT Alight, Inc. $248.4M — (loss-making) — (loss-making) −3.22% (below 0%: shrinking) n/m −17.24% (below 0%: shrinking) 27.79% (7.83%) Compare
XPER Xperi Inc. $243.9M — (loss-making) — (loss-making) +8.08% (above 0%: growing) n/m +42.92% (above 0%: growing) 68.50% 2.54% Compare
IMMR Immersion Corporation $237.1M 19.9× 24.9× +0.81% (above 0%: growing) n/m +27.93% (above 0%: growing) 20.51% (6.79%)
BLND Blend Labs, Inc. $236.5M — (loss-making) — (loss-making) +6.98% (above 0%: growing) n/m +170.31% (above 0%: growing) 73.54% (4.66%) Compare
EXFY Expensify, Inc. $230.3M — (loss-making) — (loss-making) −5.31% (below 0%: shrinking) n/m +4.91% (above 0%: growing) 48.22% (8.63%) Compare
SMRT SmartRent, Inc. $228.0M — (loss-making) — (loss-making) +4.01% (above 0%: growing) n/m +79.52% (above 0%: growing) 40.71% (16.22%) Compare
SVCO Silvaco Group, Inc. $223.0M — (loss-making) — (loss-making) +47.79% (above 0%: growing) n/m +64.65% (above 0%: growing) 85.15% (22.46%) Compare
Median of peers $240.2M — — +5.50% — +23.92% 47.60% (8.23%)

All 237 Software Application stocks →

Immersion Corporation (IMMR) key facts

  • Immersion Corporation (IMMR) is a Software Application company in the Technology sector, listed on Nasdaq.
  • As of October 16, 2026, IMMR traded at $6.95, a market capitalization of $237.1 million.
  • Immersion Corporation pays an annual dividend of $0.35 per share, a yield of 4.96%, with a payout ratio of 101.5%.
  • Return on equity was 0.80% and debt-to-equity 0.22.
  • Its Altman Z-score is 2.45 (grey zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations · fundamentals updated Oct 2, 2026.

Immersion Corporation (IMMR) Latest News

stockrow.com/IMMR · Data as of Oct 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com