POET Technologies Reports Third Quarter 2025 Financial Results
POET Technologies (NASDAQ: POET) reported third-quarter 2025 results for the period ended September 30, 2025. Key operational progress includes two initial production orders totaling over $5.6 million, introduction of a 1.6T optical receiver with Semtech, and partnerships on light-source development and mobile AI telecom engagements.
Financial highlights: NRE and product revenue was $298,434; net loss was $9.4 million (loss per share $0.11); R&D expense rose to $3.7 million; and the company completed $250 million in equity financings from three institutional investors.
POET Technologies (NASDAQ: POET) ha riportato i risultati del terzo trimestre 2025 per il periodo terminato il 30 settembre 2025. I principali progressi operativi includono due ordini di produzione iniziali per un valore totale di $5.6 milioni, l'introduzione di un ricevitore ottico da 1.6T con Semtech e collaborazioni sullo sviluppo di sorgenti luminose e su impegni nel telecom mobile AI.
Punti salienti finanziari: i ricavi NRE e di prodotto ammontano a $298.434; la perdita netta è stata $9.4 milioni (per azione -0.11 USD); la spesa in R&D è aumentata a $3.7 milioni; e l'azienda ha completato $250 milioni di finanziamenti azionari da tre investitori istituzionali.
POET Technologies (NASDAQ: POET) informó resultados del tercer trimestre de 2025 para el periodo que terminó el 30 de septiembre de 2025. Los avances operativos clave incluyen dos pedidos de producción iniciales por un valor total de $5.6 millones, la introducción de un receptor óptico de 1.6T con Semtech y asociaciones en el desarrollo de fuentes de luz y compromisos de telecomunicaciones móviles con IA.
Aspectos financieros destacados: los ingresos de NRE y de productos fueron $298,434; la pérdida neta fue de $9.4 millones (pérdida por acción $0.11); el gasto en I+D aumentó a $3.7 millones; y la empresa completó $250 millones en financiamientos de capital de tres inversores institucionales.
POET Technologies (NASDAQ: POET)는 2025년 9월 30일에 종료된 기간의 2025년 3분기 실적을 보고했다. 주요 운영 진전으로는 총 $5.6 million 이상의 두 건의 초기 생산 주문, Semtech와의 1.6T 광수신기 도입, 그리고 광원 개발 및 모바일 AI 통신 참여 분야의 파트너십이 포함된다.
재무 하이라이트: NRE 및 제품 매출은 $298,434였고; 순손실은 $9.4 million (주당 손실 $0.11); 연구개발 비용은 $3.7 million으로 증가했으며; 이 회사는 세 기관 투자자로부터 $250 million의 지분 자금 조달을 완료했다.
POET Technologies (NASDAQ: POET) a publié les résultats du troisième trimestre 2025 pour la période se terminant le 30 septembre 2025. Les progrès opérationnels clés incluent deux commandes de production initiales d'un montant total de $5.6 millions, l'introduction d'un récepteur optique 1.6T avec Semtech et des partenariats sur le développement de sources lumineuses et des engagements télécom mobiles IA.
Faits marquants financiers : les revenus NRE et de produits s'élèvent à $298,434 ; la perte nette est de $9.4 millions (perte par action $0.11) ; les dépenses de R&D ont augmenté à $3.7 millions ; et l'entreprise a levé $250 millions en financements par actions auprès de trois investisseurs institutionnels.
POET Technologies (NASDAQ: POET) meldete die Ergebnisse des dritten Quartals 2025 für den Zeitraum bis zum 30. September 2025. Wichtige operative Fortschritte umfassen zwei anfängliche Produktionsaufträge im Gesamtwert von über $5.6 Millionen, die Einführung eines 1.6T optischen Empfängers mit Semtech sowie Partnerschaften im Bereich Lichtquellenentwicklung und mobile KI-Telekommunikationsengagements.
Finanzielle Höhepunkte: NRE- und Produktumsätze betrugen $298,434; Nettoverlust betrug $9.4 Millionen (Verlust pro Aktie $0.11); F&E-Aufwendungen stiegen auf $3.7 Millionen; und das Unternehmen schloss $250 Millionen in Eigenkapitalfinanzierungen von drei institutionellen Investoren ab.
POET Technologies (NASDAQ: POET) أبلغت عن نتائج الربع الثالث من 2025 لفترة انتهت في 30 سبتمبر 2025. تشمل التقدمات التشغيلية الرئيسية طلبيتي إنتاج ابتدائيتين بإجمالي أكثر من $5.6 مليون، وتقديم مستقبل ضوئي 1.6T مع Semtech، وشراكات في تطوير مصادر الضوء والالتزامات بالاتصالات Mobile AI.
الملخصات المالية: بلغت الإيرادات NRE والمنتجات $298,434؛ الخسارة الصافية $9.4 مليون (خسارة السهم بقيمة 0.11 دولار)؛ ارتفع الإنفاق على البحث والتطوير إلى $3.7 مليون؛ وأتمت الشركة تمويلات حقوق ملكية قدرها $250 مليون من ثلاث مستثمرين مؤسسيين.
- $250 million equity financing closed with three institutional investors
- Two initial production orders totaling over $5.6 million
- Introduced 1.6T optical receiver developed with Semtech
- Quarterly revenue (NRE/product) of $298,434 showing sequential growth
- Net loss of $9.4 million in Q3 2025
- R&D expense increased to $3.7 million from $1.8 million year-ago
- Non-cash derivative warrant fair-value loss of $2.4 million
Insights
POET reports early production traction, a major equity raise and continued R&D spending while remaining loss-making in Q3 2025.
POET converts technology into customer-facing products by shipping initial production orders for optical engines and launching a 1.6T receiver with Semtech, advancing its POET Starlight light-source strategy with Sivers Semiconductors, and entering mobile front-haul with NTT Innovative Devices. The company recorded NRE and product revenue of
Key dependencies and risks center on ramp execution and capital deployment. The quarter shows a net loss of
Watchable, concrete items and timing: the revenue ramp through
TORONTO, Nov. 13, 2025 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of Photonic Integrated Circuits (PICs), light sources and optical modules for the AI and data center markets, today reported its unaudited condensed consolidated financial results for the third quarter ended September 30, 2025. The Company’s financial results as well as the Management Discussion and Analysis have been filed on SEDAR+. All financial figures are in United States dollars (“USD”) unless otherwise indicated.
Management Commentary:
“The third quarter of 2025 demonstrated continued progress toward commercialization of our optical engine and light source products. The placement of two successive initial production orders from two key customers valued at over
“The introduction of our 1.6T optical receiver, developed in collaboration with Semtech, enhances POET’s product leadership into the highest-performance segments of the AI interconnect market. We are also evolving our light-source product in partnership with Sivers Semiconductors, and expanding into the mobile AI telecom space with NTT Innovative Devices. These engagements form a foundation for accelerated customer adoption and revenue growth in high-volume AI networking solutions.”
“Having developed one of the most flexible, high-performance assembly platforms available in the photonics space today, we are now focused on adding to our Optical Interposer advanced components to produce highly differentiated engines and modules for both high-speed interconnect and light-based chip-to-chip data communication. To support this strategy, we recently closed US
Notable Business Highlights:
- Introduced 1.6T optical receivers with Semtech supporting next generation AI clusters and data-center interconnects.
- Advanced POET Starlight light-source strategy through new partnerships with Sivers Semiconductors.
- Entry into the front-haul mobile networking space in collaboration with NTT Innovative Devices.
- Secured a US
$5,000,000 initial order for 800G transmit and receive engines, confirming readiness for volume production. - Successfully completed three rounds of equity financing with three institutional investors at prices ranging from
$5.00 t o$7.25 per share for gross proceeds of$250,000,000.
Non-IFRS Financial Summary
The Company reported non-recurring engineering (“NRE”) and product revenue of
The Company reported a net loss of
The Company reported non-cash loss in the fair value adjustment to derivative warrant liability of
Other non-cash expenses in the third quarter of 2025 included stock-based compensation of
The Company recognized other income, including interest of
Cash flow from operating activities in the third quarter of 2025 was (
Summary of Financial Performance
The following is a summary of the Company’s operations over the five quarters ending September 30, 2025. This information should be read in conjunction with the Company’s financial statements filed on Sedar + on November 13, 2025.
| POET TECHNOLOGIES INC. PROFORMA – NON-IFRS AND IFRS PRESENTATION OF OPERATIONS (All figures are in U.S. Dollars) | ||||||||||||
| For the Quarter ended: | 30-Sep-25 | 30-Jun-25 | 31-Mar-25 | 31-Dec-24 | 30-Sep-24 | |||||||
| Revenue | 298,434 | 268,469 | 166,760 | 29,032 | 3,685 | |||||||
| Research and development | (3,735,703 | ) | (3,150,044 | ) | (4,360,192 | ) | (3,437,683 | ) | (1,765,481 | ) | ||
| Depreciation and amortization | (892,704 | ) | (792,814 | ) | (726,868 | ) | (475,281 | ) | (525,955 | ) | ||
| Professional fees | (371,413 | ) | (562,583 | ) | (276,184 | ) | (679,156 | ) | (480,871 | ) | ||
| Wages and benefits | (675,306 | ) | (1,042,380 | ) | (2,123,274 | ) | (758,883 | ) | (667,963 | ) | ||
| Loss on acquisition of | - | - | - | (6,852,687 | ) | - | ||||||
| Stock-based compensation | (1,864,589 | ) | (1,165,482 | ) | (841,793 | ) | (1,404,995 | ) | (1,525,131 | ) | ||
| General expenses and rent | (497,118 | ) | (1,009,778 | ) | (898,056 | ) | (474,937 | ) | (465,448 | ) | ||
| Finance advisory fees | (1,816,272 | ) | (1,302,464 | ) | (476,802 | ) | (4,239,831 | ) | (1,319,392 | ) | ||
| Derivative liability adjustment | (2,414,223 | ) | (7,559,991 | ) | 15,382,971 | (12,444,661 | ) | (6,179,836 | ) | |||
| Interest expense | (31,429 | ) | (30,925 | ) | (32,786 | ) | (31,605 | ) | (30,482 | ) | ||
| Other (income), including interest | 989,007 | 533,308 | 527,782 | 511,448 | 216,337 | |||||||
| Unrealized foreign exchange loss | 1,641,602 | (1,448,691 | ) | - | - | - | ||||||
| Net income (loss) | (9,369,714 | ) | (17,263,375 | ) | 6,341,558 | (30,259,239 | ) | (12,740,537 | ) | |||
| Net income (loss) per share - Basic | (0.11 | ) | (0.21 | ) | 0.08 | (0.50 | ) | (0.20 | ) | |||
| Net income (loss) per share - Diluted | - | - | - | (0.50 | ) | (0.20 | ) | |||||
About POET Technologies Inc.
POET is a design and development company offering high-speed optical modules, optical engines and light source products to the artificial intelligence systems market and to hyperscale data centers. POET’s photonic integration solutions are based on the POET Optical Interposer™, a novel, patented platform that allows the seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques. POET's Optical Interposer-based products are lower cost, consume less power than comparable products, are smaller in size and are readily scalable to high production volumes. In addition to providing high-speed (800G, 1.6T and above) optical engines and optical modules for AI clusters and hyperscale data centers, POET has designed and produced novel light source products for chip-to-chip data communication within and between AI servers, the next frontier for solving bandwidth and latency problems in AI systems. POET’s Optical Interposer platform also solves device integration challenges in 5G networks, machine-to-machine communication, self-contained "Edge" computing applications and sensing applications, such as LIDAR systems for autonomous vehicles. POET is headquartered in Toronto, Canada, with operations in Allentown, PA, Shenzhen, China, and Singapore. More information about POET is available on our website at www.poet-technologies.com.
| Media Relations Contact: Adrian Brijbassi Adrian.brijbassi@poet.tech | Company Contact: Thomas R. Mika, EVP & CFO tm@poet.tech |
Forward-Looking Statements
This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws) and “forward-looking statements” (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such statements or information are identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”, “outlook”, “foresee” or similar words suggesting future outcomes or statements regarding any potential outcome. Such statements include the Company’s expectations with respect to the success of the Company’s product development efforts, the performance of its products, the expected results of its operations, meeting revenue targets, and the expectation of continued success in the financing efforts, the capability, functionality, performance and cost of the Company’s technology as well as the market acceptance, inclusion and timing of the Company’s technology in current and future products and expectations for approval of proposals at the Company’s annual meeting of shareholders.
Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Assumptions have been made regarding, among other things, management’s expectations regarding the success and timing for completion of its development efforts, the introduction of new products, financing activities, future growth, recruitment of personnel, opening of offices, the form and potential of its joint venture, plans for and completion of projects by the Company’s consultants, contractors and partners, availability of capital, and the necessity to incur capital and other expenditures. Actual results could differ materially due to a number of factors, including, without limitation, the failure of its products to meet performance requirements, lack of sales in its products, once released, operational risks in the completion of the Company’s anticipated projects, lack of performance of its joint venture, risks affecting the Company’s ability to execute projects, the ability of the Company to generate sales for its products, the ability to attract key personnel, the ability to raise additional capital and the agreement by shareholders to approve proposals put forth by the Company at shareholders’ meetings. Although the Company believes that the expectations reflected in the forward-looking information or statements are reasonable, prospective investors in the Company’s securities should not place undue reliance on forward-looking statements because the Company can provide no assurance that such expectations will prove to be correct. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information and statements except as required by law.
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FAQ
What did POET (NASDAQ: POET) report for Q3 2025 revenue and net loss on Nov 13, 2025?
How large was POET's equity financing announced in Q3 2025 and who participated?
What commercial orders did POET disclose in the Nov 13, 2025 release?
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How did POET's R&D and non-cash expenses affect Q3 2025 results?
