GigaMedia Q3 revenue rises 245.4% to $3.16 million
Key points
- GigaMedia (NASDAQ:GIGM) reported third-quarter 2026 revenue of $3.164 million, up 245.4% year over year and 48.8% sequentially.
- Net income reached $1.925 million, or $0.17 per diluted share, reversing a $971,000 loss in the prior-year quarter.
- Revenue is expected to moderate in Q4 2026, as the Hong Kong licensed-game collaboration supporting quarterly sales has ended.
GigaMedia (NASDAQ:GIGM) reported unaudited third-quarter 2026 revenue of $3.164 million, up 245.4% year over year, while net income reached $1.925 million.
Revenue increased 48.8% from the previous quarter and 245.4% from the third quarter of 2025, supported by a licensed-game collaboration in Hong Kong.
The company reported that the Hong Kong collaboration contributed to quarterly revenue growth, although the event associated with the partnership has since ended.
Operating income reached $682,000, compared with operating losses in both comparison periods, while net income included a $1.702 million deemed disposal gain and a $713,000 investment loss.
The company reported that the conversion of Aeolus Robotics notes into preferred shares secured a 33.35% voting stake, with the investment's carrying value reaching $13.647 million, while cash, cash equivalents and restricted cash totalled $30.228 million.
GigaMedia expects revenue to moderate in the fourth quarter of 2026 following the completion of the Hong Kong collaboration, while its third-quarter results remain unaudited.
GigaMedia operates in digital entertainment and technology-related investments, with business activities that include online gaming and investments in technology companies such as Aeolus Robotics.
