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NETLIST INC NLST

OTC · stock · Semiconductors & Related Devices · website · IPO 2006-11-30 · LEI

NETLIST INC statistics & valuation

Market cap$993.3M
P / S5.3×
Net margin-13.2%
FCF margin-7.8%

Market cap as of 2026-06-30. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
57.00% 35.00% 51.00% -47.70% -15.40% 3.40% -20.60% -87.30% -36.60% -13.20% 2016201720182019202120222022202320242025
Gross margin (%)
37.60% 6.40% 6.90% 9.80% 14.30% 34.30% 7.40% 3.50% 2.00% 6.10% 2016201720182019202120222022202320242025
Operating margin (%)
-56.10% -33.50% -48.80% -44.00% -14.50% 8.00% -20.70% -89.20% -37.50% -13.50% 2016201720182019202120222022202320242025
Return on equity (%)
8.90% -122.50% -254.20% 2016201720182019202120222022202320242025
Shares outstanding
61.7M 79.3M 139.3M 169.5M 196.0M 230.1M 232.6M 253.6M 272.0M 307.3M 2016201720182019202120222022202320242025
Net debt ($)
$6.0M $8.9M $3.8M $7.7M $4.1M 2016201720182019202120222022202320242025
Share buybacks ($)
2016201720182019202120222022202320242025
Return on assets (%)
56.10% 71.30% 68.80% -56.20% -28.80% 5.30% -49.60% -83.00% -128.70% -50.20% 2016201720182019202120222022202320242025
Free cash flow margin (%)
-107.60% -29.80% -31.70% -44.30% -17.30% 3.90% -9.60% -23.60% -7.80% 2016201720182019202120222022202320242025
Debt / equity (×)
2016201720182019202120222022202320242025
EPS ($)
-$0.08 -$0.04 $0.02 -$0.14 -$0.25 -$0.21 -$0.09 2016201720182019202120222022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2022FY2021FY2019FY2018FY2017FY2016
Gross margin6.1%2.0%3.5%7.4%34.3%14.3%9.8%6.9%6.4%37.6%
Operating margin-13.5%-37.5%-89.2%-20.7%8.0%-14.5%-44.0%-48.8%-33.5%-56.1%
Net margin-13.2%-36.6%-87.3%-20.6%3.4%-15.4%-47.7%51.0%35.0%57.0%
FCF margin-7.8%-23.6%—-9.6%3.9%-17.3%-44.3%-31.7%-29.8%-107.6%
Return on assets-50.2%-128.7%-83.0%-49.6%5.3%-28.8%-56.2%68.8%71.3%56.1%
Return on equity477.1%890.6%-254.2%-122.5%8.9%277.4%148.9%-301.5%-251.6%-2117.2%
Debt / equity—————-6.65×-1.99×-3.29×-2.94×-29.27×
Current ratio0.880.841.471.682.490.901.391.771.823.10

Computed from company filings · US · as of 2025-12-27. Facts plus Stocktoria's own computed scores — not investment advice.