IMMR Financials IMMERSION CORP

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Sep 20, 2026, 10:14 UTC Overview →

Growth & profitability

Revenue has grown 118.1% per year over the past 5 years.
Net income has grown slower than revenue (-18.4% vs 118.1% per year).
Operating margin has contracted, at 1.5% in the latest year.
Free cash flow has grown 20.2% per year over the past 5 years.

Financial health

The company holds more cash ($138M) than total debt ($71M).
Total debt has grown slower than revenue (-31.1% vs 118.1% per year).
Operating income covered interest expense 2.1× in the latest year.
Total debt is 1.0× EBITDA.

Shareholder returns

Dividends have been paid for 3 consecutive years, consuming 177.9% of earnings and 18.8% of free cash flow.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2026	$1.7B	$5M	0.0%	1.5%	1.5%	0.4%	$43M	$71M	$138M
2025	$1.6B	$64M	0.0%	7.6%	21.6%	5.8%	-$69M	$103M	$73M
2023	$34M	$34M	0.0%	52.9%	18.6%	15.7%	$21M	—	$56M
2022	$38M	$31M	100.0%	63.5%	19.4%	16.1%	$40M	—	$49M
2021	$35M	$12M	99.7%	50.7%	8.8%	7.1%	$17M	—	$51M
2020	$30M	$5M	99.4%	7.3%	8.4%	5.6%	-$25000	—	$60M
2019	$36M	-$20M	99.5%	-59.7%	-23.9%	-16.1%	-$34M	—	$86M
2018	$111M	$54M	99.8%	47.8%	54.5%	37.2%	$70M	—	$111M
2017	$35M	-$45M	99.4%	-129.7%	-469.0%	-87.1%	-$44M	—	$25M
2016	$57M	-$39M	99.7%	-26.7%	-71.2%	-38.0%	$22M	—	$57M
2015	—	$3M	—	—	3.3%	2.7%	$6M	—	$25M
2014	—	$4M	—	—	5.4%	4.2%	-$488000	—	$14M
2013	—	$40M	—	—	49.8%	36.3%	$21M	—	$14M
2012	—	-$7M	—	—	-24.6%	-15.0%	-$8M	—	$5M
2011	—	-$3M	—	—	-9.1%	-4.6%	-$1M	—	$7M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jul '26	$294M	$5M	0.0%	-6.8%	1.6%	0.4%	-$47M	—	$175M
Apr '26	$270M	$4M	0.0%	2.7%	1.3%	0.4%	$79M	$71M	$138M
Jan '26	$518M	-$10M	0.0%	1.0%	-3.5%	-0.7%	-$37M	—	$130M
Oct '25	$650M	$12M	0.0%	6.2%	3.9%	0.9%	$66M	—	$127M
Jul '25	$292M	-$930000	0.0%	-9.0%	-0.3%	-0.1%	-$65M	—	$90M
Apr '25	$285M	-$18M	0.0%	-0.4%	-5.9%	-1.6%	$47M	$103M	$73M
Jan '25	$471M	$24M	0.0%	7.5%	7.6%	1.7%	-$46M	—	$78M
Oct '24	$616M	$31M	0.0%	11.4%	10.1%	2.3%	$48M	—	$81M
Jul '24	$183M	$27M	0.0%	7.4%	—	—	-$117M	—	$58M
Jun '24	$95M	$26M	0.0%	23.7%	9.7%	2.1%	-$89M	—	$36M
Apr '24	$46M	$18M	0.0%	35.0%	8.8%	7.2%	$32M	—	$86M
Mar '24	$44M	$19M	0.0%	37.9%	9.3%	7.6%	—	—	$91M
Dec '23	$10M	$16M	0.0%	48.5%	8.7%	7.4%	$8M	—	$56M
Sep '23	$9M	$3M	0.0%	68.8%	1.6%	1.3%	$4M	—	$29M
Jun '23	$7M	$7M	0.0%	44.6%	4.1%	3.5%	—	—	$26M
Mar '23	$7M	$8M	0.0%	46.1%	5.0%	4.2%	—	—	$27M
Dec '22	$9M	$20M	100.0%	63.1%	12.5%	10.4%	$8M	—	$49M
Sep '22	$14M	$8M	100.0%	78.0%	5.4%	4.5%	$14M	—	$37M
Jun '22	$8M	-$2M	100.0%	51.4%	-1.3%	-1.0%	$8M	—	$57M
Mar '22	$7M	$5M	99.9%	49.3%	3.5%	2.8%	$11M	—	$63M

Valuation over time

How the market has priced IMMR against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 9.7× (Mar '23) to 52.2× (Nov '26).
The price-to-sales ratio has fallen from 7.7× (Mar '23) to 0.1× (Nov '26).
The dividend yield has risen from 3.3% (Jan '24) to 3.4% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is IMMR growing its revenue and profit?

Over the past 5 years, IMMERSION CORP's revenue has grown 118.1% per year, and net income declined 18.4% per year. These are computed facts, not advice.

How much debt does IMMR have?

As of FY2026, IMMERSION CORP reported $71M of total debt against $138M of cash; operating income covered interest expense 2.1×.

What is IMMR's profit margin?

In FY2026, gross margin was —, operating margin 1.5%, and net margin 0.3%.

What is IMMR's P/E ratio?

IMMERSION CORP's P/E (TTM) is 22.86 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the IMMR stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 52.2× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.