Netlist (NLST) Net Margin (2010 - 2026)
Netlist's Net Margin came in at 1.28% for Q2 2026, up 15.85 percentage points from -14.57% a year earlier but down 6.96 percentage points from the prior quarter.
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Analysis
Netlist (NLST) Net Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 27, 2026, Netlist reported Net Margin of 0.24%, up 26.20 percentage points year-over-year; for FY2025, it came in at -13.47%, up 23.14 percentage points from FY2024.
- Net Margin carries a four-year change of -16.87 percentage points (FY2021 to FY2025).
- Going back by year, Net Margin was -36.62% in FY2024 (+50.66 pp), -87.27% in FY2023 (-66.63 pp), -20.65% in FY2022 (-24.04 pp) and 3.39% in FY2021.
- The five-year range for quarterly Net Margin is -175.01% (Q1 2023) to 9.69% (Q4 2021).
- Year-over-year, Net Margin has increased for 11 consecutive quarters, with an average year-over-year change of +27.60 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in Q1 2024 (a gain of 127.63 percentage points), and the weakest in Q1 2023 (a drop of 163.32 percentage points).
- Business Quant data shows NLST's Net Margin at 8.24% (Q1 2026), -2.94% (Q4 2025) and -16.60% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 27.23% |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 22.37% |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 8.80% |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | 39.95% |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 77.00% |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 35.66% |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 85.27% |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 12.33% |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | -711.69% |
| 10 | Netlist | 1.88 Bn | 1.79 Bn | 22.88 Mn | 1.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 1.28% |
| Mar 28, 2026 | 8.24% |
| Dec 27, 2025 | -2.94% |
| Sep 27, 2025 | -16.60% |
| Jun 28, 2025 | -14.57% |
| Mar 29, 2025 | -32.74% |
| Dec 28, 2024 | -37.05% |
| Sep 28, 2024 | -23.40% |
| Jun 29, 2024 | -40.12% |
| Mar 30, 2024 | -47.39% |
| Dec 30, 2023 | -39.61% |
| Sep 30, 2023 | -103.67% |
| Jul 1, 2023 | -139.92% |
| Apr 1, 2023 | -175.01% |
| Dec 31, 2022 | -59.79% |
| Oct 1, 2022 | -27.88% |
| Jul 2, 2022 | -8.95% |
| Apr 2, 2022 | -11.70% |
| Jan 1, 2022 | 9.69% |
| Oct 2, 2021 | -40.03% |
API Access
Netlist Net 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=net-margin&ticker=NLST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=NLST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();