NASDAQ • USA
12-inch silicon photonics; InGaAs on silicon; $38.6M cash; Navy contract
Supply Chain Position
Combining lasers and silicon photonics — the architectural disruption layer
Charts by TradingView
Annual Overview
| Metric | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | — | 193.34K | 919K▲ | 4.67M▲ | 4.46M▼ |
| Net Income | -3.45M | -5.38M▼ | -4.56M▲ | -3.02M▲ | -9.16M▼ |
| EPS | -$0.32 | -$0.47▼ | -$0.37▲ | -$0.23▲ | -$0.52▼ |
| Free Cash Flow | — | -4.23M | -3.78M▲ | -1.31M▲ | -3.91M▼ |
| Capex | — | 590.04K | 322K▼ | 161K▼ | -646K▼ |
| Diluted Shares | 10.65M | 11.38M▲ | 12.3M▲ | 13.17M▲ | 17.67M▲ |
| Net Debt Issuance | — | — | — | 3.15M | 0▼ |
| Net Equity Issuance | — | — | -4K | — | 43.37M |
| SBC | 204.01K | 448.44K▲ | 732K▲ | 1.89M▲ | 4.52M▲ |
Aeluma is at the forefront of the architectural disruption layer in the photonics sector, focusing on the integration of lasers and silicon photonics.
Aeluma is in the Optical Engines & Integration layer of the photonics supply chain. Combining lasers and silicon photonics — the architectural disruption layer
In FY2026, Aeluma reported a net loss of $9.16M.
Aeluma is expected to report around November 11, 2026.
Analysis updated March 2026
GlobalFoundries, Aeluma Selected for US DOC Funding | Industry News Photonics Spectra
Aeluma Inc. R (RN0.F) Q2 FY2026 earnings call transcript Yahoo Finance
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Is Aeluma, Inc. (ALMU) Rewriting the Technology Stocks Playbook? Kalkine Media
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Aeluma CEO Jonathan Klamkin sells $1.34 million in company stock By Investing.com Investing.com Australia
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Aeluma CEO Jonathan Klamkin sells $1.34 million in company stock Investing.com
Jonathan Klamkin Sells 100,000 Shares of Aeluma (NASDAQ:ALMU) Stock MarketBeat
Aeluma Inc. R (RN0.MU) Q3 FY2026 earnings call transcript Yahoo Finance
Aeluma Inc. R (RN0.F) Q2 FY2026 earnings call transcript Yahoo Finance
Aeluma CEO Jonathan Klamkin sells $1.34 million in company stock By Investing.com Investing.com Canada
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symbol__ Stock Quote Price and Forecast CNN
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Conferencia de resultados del cuarto trimestre del año fiscal 2026 de Aeluma (ALMU): Comercialización de AI DataCom y saldo en efectivo de 56 millones de dólares TradingKey
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A volatile week saw AI regulation fears hit chip stocks before a recovery, with MarketBeat writers covering Micron, Nike, Tesla, Rocket Lab, Adobe, SpaceX and other stocks ahead of key inflation and jobs data.
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Aeluma's Q4 revenue drops 56% as it shifts focu... Pluang
Aeluma: Q4 Cash Rises To $56 Million As AI Photonics Commercialization Efforts Accelerate Pulse 2.0
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Aeluma (ALMU) Q4 2026 Earnings Call Transcript The Globe and Mail
Aeluma stock fell after fiscal Q4 2026 earnings showed wider losses, but the photonics maker holds $56 million in cash and analysts maintain a Moderate Buy rating amid its commercialization push.
Aeluma, Inc. Q4 2026 Earnings Call Summary Yahoo Finance
Moby summary of Aeluma, Inc.'s Q4 2026 earnings call
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Freedom Broker maintains Buy rating on Aeluma, $25 price target tradingview.com
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Aeluma Inc (ALMU) targets the booming AI datacom market with proprietary photonics technology while navigating widening losses and heavy capital investments.
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Aeluma (ALMU) Q4 2026 Earnings Call Transcript The Globe and Mail
Aeluma reports FY26 net loss $9.2M, Q4 revenue $0.6M and $56.0M cash TradingView
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Aeluma Inc reports results for the quarter ended June 30 - Earnings Summary tradingview.com
Aeluma Q4 Earnings Call Highlights Yahoo Finance
Aeluma (NASDAQ:ALMU) said fiscal 2026 established a foundation for commercializing its photonics technology for artificial intelligence data-center interconnects, as the company expanded its workforce, strengthened manufacturing relationships and raised capital to support development. Founder and C
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Aeluma FY2026 slides: AI pivot amid revenue miss, losses widen Investing.com
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Partnership to Support Development and Qualification Efforts for Photonics ProductsGOLETA, Calif., Sept. 15, 2026 (GLOBE NEWSWIRE) -- Aeluma, Inc. (NASDAQ: ALMU), a semiconductor company specializing in high-performance, scalable technologies for AI, mobile and consumer, defense and aerospace, and quantum, announced today it has executed an agreement with Sumitomo Chemical Advanced Technologies (SCAT) to accelerate development and production of photonics wafers for the AI datacom market. The agr
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Press Release: Aeluma to Announce Fourth Quarter and Fiscal Year 2026 Financial Results on September 16, 2026 moomoo.com
Aeluma to Announce Fourth Quarter and Fiscal Year 2026 Financial Results on September 16, 2026 The Manila Times
A semiconductor maker will issue yearly results Sept. 16. Aeluma will discuss them that day. Stock Titan
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Aeluma to Announce Fourth Quarter and Fiscal Year 2026 Financial Results on September 16, 2026 GlobeNewswire
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GOLETA, Calif., Sept. 02, 2026 (GLOBE NEWSWIRE) -- Aeluma, Inc. (NASDAQ: ALMU), a semiconductor company specializing in high-performance, scalable technologies for mobile, AI, defense and aerospace, robotics, automotive, AR/VR, and quantum, today announced it will issue its financial results for the fourth quarter and full year of fiscal 2026, which ended June 30, 2026, after the U.S. financial markets close on Wednesday, September 16, 2026. That same day, Aeluma will host a conference call at 2
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$ALMU stock is down 8% today. Here's what we see in our data. Quiver Quantitative
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Aeluma to Exhibit and Present at SPIE Photonics West January 30 - February 1, 2024 in San Francisco, California ACCESS Newswire
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Aeluma CEO Jonathan Klamkin disposes of common shares worth $335,047.63 Bitget
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Aeluma Taps Jason Taylor to Drive Photonics Commercialization Stock Titan
Key Appointment to Support Customer-Driven Commercialization EffortsGOLETA, Calif., Aug. 04, 2026 (GLOBE NEWSWIRE) -- Aeluma, Inc. (NASDAQ: ALMU), a semiconductor company specializing in high-performance, scalable technologies for mobile, AI, defense and aerospace, robotics, automotive, AR/VR, and quantum, announced today it has appointed Jason Taylor, M.S., as Senior Director of Program and Project Management. Mr. Taylor will drive Aeluma’s program management for commercialization of compound s
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Funding Would Advance Company's Scalable Non-InP Substrate Technology for AI Datacom to Address Supply Chain ConstraintsGOLETA, Calif., July 29, 2026 (GLOBE NEWSWIRE) -- Aeluma, Inc. (NASDAQ: ALMU), a semiconductor company specializing in high-performance, scalable technologies for mobile, AI, defense and aerospace, robotics, automotive, AR/VR, and quantum, today announced that it has signed a letter of intent (LOI) for up to $30 million of proposed funding under the CHIPS and Science Act, which
Up to $30 million could fund Aeluma’s non-InP photonics R&D Stock Titan
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Aeluma, Inc. (NASDAQ:ALMU) Given Average Rating of "Moderate Buy" by Analysts MarketBeat
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Aeluma CEO to Chair Optica Advanced Photonics Congress Industry Program on AI and Quantum Barchart.com
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Aeluma CEO to Chair Optica Advanced Photonics Congress Industry Program on AI and Quantum The Globe and Mail
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Leading Industry Experts to Participate in Interactive Panel Sessions Company to Present Technical Paper on Scalable Quantum Dot Lasers for AI Datacom GOLETA, Calif., July 07, 2026 (GLOBE NEWSWIRE) -- Aeluma, Inc. (NASDAQ: ALMU), a semiconductor company specializing in high-performance, scalable technologies for mobile, AI, defense and aerospace, robotics, automotive, AR/VR, and quantum, announced today that CEO and Founder Jonathan Klamkin, Ph.D., will serve as Chair of the Industry Program at
Aeluma Inc. (ALMU) Drops 8%: Support Levels Under Scrutiny After Sharp Decline - Growth Stock Picks dars.gov.et
ALMU Q2 2026 Earnings: Narrow Loss Beats Estimates, Stock Declines 6.6% - Analyst Consensus Shift dars.gov.et
ALMU Q2 2026 Earnings: Narrow Loss Beats Estimates, Stock Declines 6.6% - Forward EPS Estimate dars.gov.et
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ALMU Q1 2026 Earnings: Smaller Loss Surprises Market, Stock Surges 11% - Consensus Forecast Report dars.gov.et
ALMU Q1 2026 Earnings: Smaller Loss Surprises Market, Stock Surges 11% - Return On Assets dars.gov.et
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ALMU Q1 2026 Earnings: Smaller Loss Surprises Market, Stock Surges 11% - Profit Guidance Range dars.gov.et
Aeluma offers unique photonics tech with growth potential despite early-stage risks and low valuations. Pluang
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Key Appointment to Drive Product Development and Commercialization Across Growing MarketsGOLETA, Calif., June 23, 2026 (GLOBE NEWSWIRE) -- Aeluma, Inc. (NASDAQ: ALMU), a semiconductor company specializing in high-performance, scalable technologies for mobile, AI, defense and aerospace, robotics, automotive, AR/VR, and quantum, announced today it has appointed Brendan Moran, Ph.D. as its Vice President of Engineering. Dr. Moran will drive the commercialization and manufacturing readiness of Aelum
ALMU Q1 2026 Earnings: Narrower-Than-Expected Loss with No Revenue Yet - Free Cash Flow Trends dars.gov.et
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ALMU Q1 2026 Earnings: EPS Slightly Beats Estimates Amid No Revenue Recognition - Earnings Miss Alert dars.gov.et
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Over the last 7 days, the United States market has experienced a 2.4% drop, although it remains up by 22% over the past year, with earnings projected to grow by 18% annually in the coming years. In this environment, companies that exhibit both strong growth potential and high insider ownership can be particularly appealing as they often indicate confidence from those who know the business best.
ALMU Q1 2026 Earnings: Narrow EPS Beat Fails to Stem Share Decline - EPS Growth Rate dars.gov.et
ALMU Q1 2026 Earnings: Narrow EPS Beat Fails to Stem Share Decline - EPS Guidance Update dars.gov.et
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SA Asks: What's the most undervalued AI-adjacent stock right now? (NBIS:NASDAQ) Seeking Alpha
Recent share performance and business snapshot Aeluma (ALMU) has drawn fresh investor attention after a sharp 17% decline in the latest trading session, set against a mixed pattern of short term and longer term share performance. Over the past week the stock is up 4.7%, while over the past month it is down 20.5%. Looking at a longer window, the share price is up 50.4% over the past 3 months and 26.9% year to date. The company, valued at about US$498.1m, reported annual revenue of US$5.2m from...
ALMU Q1 2026 Earnings: Slight EPS Beat Amidst No Revenue; Stock Drops 17% - Return On Equity dars.gov.et
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Aeluma Inc. (ALMU) Q1 2026 Earnings: Narrow EPS Beat Fails to Lift Investor Sentiment - Estimate Uncertainty dars.gov.et
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Department of Commerce Announces Letters of Intent With Nine Companies for More Than $2 Billion to Accelerate U.S. Leadership in Quantum ComputingGOLETA, Calif., May 28, 2026 (GLOBE NEWSWIRE) -- Aeluma, Inc. (NASDAQ: ALMU), a semiconductor company specializing in high-performance, scalable technologies for mobile, AI, defense and aerospace, robotics, automotive, AR/VR, and quantum, commented today on the U.S. Department of Commerce’s announcement of over $2 billion in proposed CHIPS Act incentiv
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Aeluma's innovative silicon photonics tech back... Pluang
Aeluma (ALMU) Releases Financial Results for Q3 2026 Insider Monkey
Aeluma, Inc. (NASDAQ:ALMU) is one of the Best Semiconductor Stocks to Buy Under $30. On May 13, the company released financial results for Q3 2026, with revenue coming at $1.2 million as compared to $1.3 million in Q3 2025 and $1.3 million in Q2 2026. Notably, the revenue in the quarter mainly came from R&D […]
Aeluma (ALMU) Smashes Q1 2026 Views with $-0.04 EPS - Earnings Beat Streak dars.gov.et
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Aeluma director Steven Denbaars sells $505,630 in ALMU shares Investing.com
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Recognizes Pioneering Contributions to InP and GaAs Photonic and Electronic Materials and Devices and Their Heterogeneous Integration on Mismatched SubstratesGOLETA, Calif., May 21, 2026 (GLOBE NEWSWIRE) -- Aeluma, Inc. (NASDAQ: ALMU), a semiconductor company specializing in high-performance, scalable technologies for mobile, AI, defense and aerospace, robotics, automotive, AR/VR, and quantum, announced today that President and CEO Jonathan Klamkin, Ph.D. will receive the prestigious Indium Phos
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Aeluma (ALMU) Swings From Profit To Loss: Is Revenue Growth Outpacing Its Profit Strategy? Yahoo Finance
In the third quarter of fiscal 2026, Aeluma, Inc. reported sales of US$1.22 million, a net loss of US$1.8 million and basic loss per share from continuing operations of US$0.10, marking a shift from net income in the same period a year earlier. Across the first nine months of the fiscal year, sales rose to US$3.88 million while net loss more than doubled to US$5.15 million, highlighting the tension between revenue expansion and the higher costs currently weighing on profitability. With this...
Aeluma Inc (ALMU) leverages innovative technologies and strategic partnerships to navigate supply chain constraints and secure future growth, despite current revenue setbacks.
Aeluma (NASDAQ:ALMU) executives said the company is seeing increased customer interest in its photonics technology as artificial intelligence data center investment strains existing supply chains for optical components, while quarterly revenue remained roughly flat and the company narrowed its full-
Earnings call transcript: Aeluma’s Q3 2026 EPS Beat Cheers Investors By Investing.com Investing.com Australia
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Aeluma (NASDAQ:ALMU) held its third-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. This content is powered by Benzinga APIs. For comprehensive financial data and transcripts, visit https://www.benzinga.com/apis/. Access the full call at https://event.choruscall.com/mediaframe/webcast.html?webcastid=a5tAb4Gd Summary Aeluma reported Q3 fiscal 2026 revenue of $1.2 million, slightly down from $1.3 million in both the prior year and previous quarter, ma
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Recently Secured More Than $4 Million in Contracts for Quantum Dot Lasers and MaterialsReceived NASA Award for Integrated Quantum Dot Lasers Announced Partnerships with Tower Semiconductor and Sumitomo Chemical Advanced Technologies for Wafer Production and FabricationAppointed Vice President of Materials Operations and Vice President of Strategic Partnerships and EcosystemCash and Cash Equivalents as of March 31, 2026 of $37.8 Million GOLETA, Calif., May 13, 2026 (GLOBE NEWSWIRE) -- Aeluma, Inc
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GOLETA, Calif., May 12, 2026 (GLOBE NEWSWIRE) -- Aeluma, Inc. (NASDAQ: ALMU), a semiconductor company specializing in high-performance, scalable technologies for mobile, AI, defense and aerospace, robotics, automotive, AR/VR, and quantum, today announced that it will participate in the following upcoming investor conferences: LD Micro Invitational XVI at the Luxe Sunset Boulevard Hotel in Los Angeles on Tuesday, May 19. Aeluma CEO Jonathan Klamkin and CFO Christopher Stewart will present at 10am
Aeluma Inc expected to post a loss of 4 cents a share - Earnings Preview TradingView
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Aeluma (ALMU) is back on investors’ radar after receiving a NASA award to advance its integrated quantum dot laser platform, which targets data communication and sensing across AI data centers, consumer devices, defense, and aerospace. See our latest analysis for Aeluma. The NASA award comes at a time when momentum in Aeluma’s share price has been strong, with a 30 day share price return of 90.33% and a 1 year total shareholder return of 98.29%, pointing to rising optimism around its quantum...
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GOLETA, Calif., April 29, 2026 (GLOBE NEWSWIRE) -- Aeluma, Inc. (NASDAQ: ALMU), a semiconductor company specializing in high-performance, scalable technologies for mobile, AI, defense and aerospace, robotics, automotive, AR/VR, and quantum, today announced it will issue its financial results for the third quarter of fiscal 2026, which ended March 31, 2026, after the U.S. financial markets close on Wednesday, May 13, 2026. That same day, Aeluma will host a conference call at 2:00 p.m. Pacific Tim
Veteran Intel Semiconductor Leader to Drive Foundry Strategy, Ecosystem Partnerships, and Commercial ScaleGOLETA, Calif., April 27, 2026 (GLOBE NEWSWIRE) -- Aeluma, Inc. (NASDAQ: ALMU), a semiconductor company specializing in high-performance, scalable technologies for mobile, AI, defense and aerospace, robotics, automotive, AR/VR, and quantum, announced today it has appointed Willy Rachmady, Ph.D. as its Vice President of Strategic Partnerships and Ecosystem. In this role, Dr. Rachmady will lea
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Company to Showcase Large-Diameter Wafer Platform for Sensing and Communications at Conference ExhibitionGOLETA, Calif., April 23, 2026 (GLOBE NEWSWIRE) -- Aeluma, Inc. (NASDAQ: ALMU), a semiconductor company specializing in high-performance, scalable technologies for mobile, AI, defense and aerospace, robotics, automotive, AR/VR, and quantum, announced today that it will participate in the 2026 SPIE Defense + Security Conference, the premier defense conference focused on sensing technologies ra
Aeluma Receives NASA Award for Integrated Quantum Dot Lasers Yahoo Finance
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Key Appointment to Drive Scaling of Wafer Production for Growing MarketsGOLETA, Calif., March 10, 2026 (GLOBE NEWSWIRE) -- Aeluma, Inc. (NASDAQ: ALMU), a semiconductor company specializing in high-performance, scalable technologies for mobile, AI, defense and aerospace, robotics, automotive, AR/VR, and quantum, announced today it has named Christiane Poblenz as its Vice President of Materials Operations to lead scaling efforts for Aeluma’s large-diameter epitaxial wafers. Christiane Poblenz brin
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Analyst Consensus
Estimate Revisions
Estimates trending downward
Earnings Track Record
Beat estimates 1 of last 5 quarters
Avg surprise: -28.9%
Growth
Ownership
Data from SEC 13F filings · Reported December 31, 2025
Earnings Calendar
Next earnings
November 11, 2026
Last earnings
September 16, 2026
AI Summary
Aeluma is at the forefront of the architectural disruption layer in the photonics sector, focusing on the integration of lasers and silicon photonics. They are pioneering a novel approach by combining 12-inch silicon photonics with synthetic InGaAs materials, aiming to create optical engines that significantly enhance data transmission in AI infrastructures.
Aeluma's technological edge with InGaAs on silicon could position it as a key player in the burgeoning photonics field. Their capability to potentially replace indium phosphide could mitigate current market supply constraints, appealing to companies struggling with material shortages. Their existing contract with the Navy validates their cutting-edge technology and secures a steady revenue stream, while their cash reserves of $38.6 million offer a fiscal cushion to support aggressive R&D and operational expansion. The doubling of gross margins from FY2023 to FY2025 signals improving efficiency and scalability potential.
Despite its innovative promise, Aeluma remains largely unproven commercially, with minimal revenue growth from FY2023 to FY2025, reflecting an initial struggle to capture market share. The company reported net losses consistently, with negative EPS and substantial free cash flow deficits. High valuation multiples, notably a P/S ratio of 49.3, suggest that the stock is priced for dramatic growth which has yet to materialize in concrete results, increasing the risk of a correction if performance lags.
Aeluma's financial trajectory shows nascent revenue growth from $193,339 in FY2023 to $4.67 million in FY2025, highlighting initial market traction. Yet, the firm remains unprofitable with a net loss of $3.02 million in FY2025, though this reflects a narrowing deficit relative to prior years. Notably, gross margins have improved significantly, reaching nearly 60%, indicating operational improvements. The cash flow remains negative, evidenced by a $1.31 million cash burn in FY2025, although this reflects a trend toward better cash management.
In terms of valuation, Aeluma appears expensive, with a striking P/S ratio of 49.3 and a staggering P/FCF of 528.0, suggesting that expectations of future performance and technological breakthroughs are already priced in. This optimistic pricing leaves little room for error, making any delay in achieving operational milestones potentially punishing to the stock price.
The primary risks involve potential disruptions in Aeluma's supply chain, particularly if they fail to secure stable access to alternative materials like InGaAs. Furthermore, the company's heavy reliance on few customers like the U.S. Navy could threaten revenue stability. Geopolitical tensions could also impact material supplies or lead to federal funding cuts on defense contracts, directly affecting Aeluma's financial health and market position.
Investors should closely monitor Aeluma’s progress in securing additional contracts, particularly with non-government entities, which would affirm commercial viability beyond defense sectors. The coming fiscal quarters could be pivotal; look for announcements about any strategic partnerships or notable advances in their photonics technology that substantiate their competitive claim against peers like LWLG and POET. These developments will be crucial indicators of Aeluma’s ability to fulfill its ambitious growth narrative.
Last updated: March 26, 2026
Aeluma is at the forefront of the architectural disruption layer in the photonics sector, focusing on the integration of lasers and silicon photonics. They are pioneering a novel approach by combining 12-inch silicon photonics with synthetic InGaAs materials, aiming to create optical engines that significantly enhance data transmission in AI infrastructures.
Aeluma's technological edge with InGaAs on silicon could position it as a key player in the burgeoning photonics field. Their capability to potentially replace indium phosphide could mitigate current market supply constraints, appealing to companies struggling with material shortages. Their existing contract with the Navy validates their cutting-edge technology and secures a steady revenue stream, while their cash reserves of $38.6 million offer a fiscal cushion to support aggressive R&D and operational expansion. The doubling of gross margins from FY2023 to FY2025 signals improving efficiency and scalability potential.
Despite its innovative promise, Aeluma remains largely unproven commercially, with minimal revenue growth from FY2023 to FY2025, reflecting an initial struggle to capture market share. The company reported net losses consistently, with negative EPS and substantial free cash flow deficits. High valuation multiples, notably a P/S ratio of 49.3, suggest that the stock is priced for dramatic growth which has yet to materialize in concrete results, increasing the risk of a correction if performance lags.
Aeluma's financial trajectory shows nascent revenue growth from $193,339 in FY2023 to $4.67 million in FY2025, highlighting initial market traction. Yet, the firm remains unprofitable with a net loss of $3.02 million in FY2025, though this reflects a narrowing deficit relative to prior years. Notably, gross margins have improved significantly, reaching nearly 60%, indicating operational improvements. The cash flow remains negative, evidenced by a $1.31 million cash burn in FY2025, although this reflects a trend toward better cash management.
In terms of valuation, Aeluma appears expensive, with a striking P/S ratio of 49.3 and a staggering P/FCF of 528.0, suggesting that expectations of future performance and technological breakthroughs are already priced in. This optimistic pricing leaves little room for error, making any delay in achieving operational milestones potentially punishing to the stock price.
The primary risks involve potential disruptions in Aeluma's supply chain, particularly if they fail to secure stable access to alternative materials like InGaAs. Furthermore, the company's heavy reliance on few customers like the U.S. Navy could threaten revenue stability. Geopolitical tensions could also impact material supplies or lead to federal funding cuts on defense contracts, directly affecting Aeluma's financial health and market position.
Investors should closely monitor Aeluma’s progress in securing additional contracts, particularly with non-government entities, which would affirm commercial viability beyond defense sectors. The coming fiscal quarters could be pivotal; look for announcements about any strategic partnerships or notable advances in their photonics technology that substantiate their competitive claim against peers like LWLG and POET. These developments will be crucial indicators of Aeluma’s ability to fulfill its ambitious growth narrative.
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