Netlist (NLST) EBITDA Margin (2009 - 2026)
Netlist (NLST) reported EBITDA Margin of 38.68% for Q3 2026, up 55.44 percentage points from -16.76% a year earlier and up 37.39 percentage points from the prior quarter.
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Analysis
Netlist (NLST) EBITDA Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 26, 2026, Netlist's EBITDA Margin came in at 12.24%, up 36.67 percentage points year-over-year; for FY2025, it came in at -13.38%, up 23.93 percentage points from FY2024.
- EBITDA Margin has a four-year change of -21.62 percentage points (FY2021 to FY2025).
- By year, EBITDA Margin came in at -37.31% in FY2024 (+51.40 pp), -88.71% in FY2023 (-68.19 pp), -20.52% in FY2022 (-28.76 pp) and 8.25% in FY2021.
- The Q3 2026 figure ranks as the highest quarterly EBITDA Margin in data going back to Q4 2010.
- Year over year, EBITDA Margin has now increased in each of the last 12 quarters, with an average year-over-year change of +24.87 percentage points over the last eight quarters.
- The high point for year-over-year EBITDA Margin in five years was Q1 2024 (a gain of 126.20 percentage points); the low point was Q1 2023 (a drop of 163.00 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 1.28% (Q2 2026), 8.23% (Q1 2026) and -3.01% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,177.41 Bn | 4,922.87 Bn | 54.82 Bn | 34.14% |
| 2 | Cisco Systems | 377.40 Bn | 377.40 Bn | 11.79 Bn | - |
| 3 | Arista Networks | 249.38 Bn | 198.58 Bn | 2.33 Bn | 45.55% |
| 4 | Dell Technologies | 220.34 Bn | 176.10 Bn | 9.83 Bn | 13.07% |
| 5 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn | 26.57% |
| 6 | Sandisk | 127.44 Bn | 112.27 Bn | 9.38 Bn | 79.99% |
| 7 | Seagate Technology Holdings | 121.35 Bn | 116.20 Bn | 2.43 Bn | 50.56% |
| 8 | Western Digital | 110.67 Bn | 100.50 Bn | 2.53 Bn | 49.08% |
| 9 | Hewlett Packard Enterprise | 64.15 Bn | 42.09 Bn | 4.93 Bn | 18.48% |
| 10 | Netlist | 1.92 Bn | 1.53 Bn | 68.86 Mn | 38.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 38.68% |
| Jun 27, 2026 | 1.28% |
| Mar 28, 2026 | 8.23% |
| Dec 27, 2025 | -3.01% |
| Sep 27, 2025 | -16.76% |
| Jun 28, 2025 | -14.81% |
| Mar 29, 2025 | -33.46% |
| Dec 28, 2024 | -37.95% |
| Sep 28, 2024 | -23.85% |
| Jun 29, 2024 | -40.71% |
| Mar 30, 2024 | -48.31% |
| Dec 30, 2023 | -40.90% |
| Sep 30, 2023 | -106.32% |
| Jul 1, 2023 | -141.55% |
| Apr 1, 2023 | -174.50% |
| Dec 31, 2022 | -59.42% |
| Oct 1, 2022 | -27.97% |
| Jul 2, 2022 | -8.82% |
| Apr 2, 2022 | -11.51% |
| Jan 1, 2022 | 15.51% |
API Access
Netlist EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=NLST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "NLST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=NLST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();