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Data I/O Corporation (NASDAQ: DAIO) releases Q2 prelims and reschedules earnings call

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8-K

Rhea-AI Filing Summary

Data I/O Corporation reported preliminary financial results for the quarter ended June 30, 2026 and postponed the release of its full second-quarter financial statements and investor conference call to August 12, 2026 after market close. The timing change follows an independent accounting and valuation analysis regarding the treatment of the $9 million direct investment announced in May 2026.

Preliminary second-quarter net sales were $5.2 million, up 59% sequentially from $3.3 million in the first quarter 2026. Gross margin was 57.1%, compared with 49.5% in the prior quarter. Cash totaled $10.8 million at June 30, 2026, versus $5.7 million at March 31, 2026, reflecting net cash proceeds from the May 2026 direct investment. These figures are subject to completion and auditor review.

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Preliminary Q2 2026 net sales $5.2 million Preliminary net sales for quarter ended June 30, 2026
Sequential net sales increase 59% Increase in Q2 2026 net sales versus $3.3 million in Q1 2026
Q1 2026 net sales $3.3 million Net sales in the first quarter 2026 used for sequential comparison
Q2 2026 gross margin 57.1% Gross margin as a percentage of sales in the second quarter 2026
Q1 2026 gross margin 49.5% Gross margin as a percentage of sales in the first quarter 2026
Cash at June 30, 2026 $10.8 million Cash balance at June 30, 2026 reflecting net proceeds from May 2026 direct investment
Cash at March 31, 2026 $5.7 million Cash balance at March 31, 2026 before impact of May 2026 direct investment
Direct investment amount $9 million Direct investment announced in May 2026 under accounting and valuation analysis
preliminary financial results financial
"today announced preliminary financial results for the second quarter ended June 30, 2026"
Preliminary financial results are an early, unaudited summary of a company’s recent revenue, profits and key financial figures released before the final, checked reports. Think of it as a draft snapshot that gives investors a quick look at performance; it matters because it can change market expectations, influence stock price and guide short-term decisions, but the numbers may be adjusted when independently verified.
direct investment financial
"accounting and valuation analysis pertaining to the treatment of the direct investment of $9 million"
gross margin financial
"Gross margin as a percentage of sales was 57.1% in the second quarter 2026"
Gross margin is the difference between how much money a company makes from selling its products and how much it costs to produce them, expressed as a percentage of sales. It shows how efficiently a company is turning sales into profit before other expenses like marketing or salaries. Higher gross margin means the company keeps more money from each sale, which is a good sign of financial health.
forward-looking statements regulatory
"statements contained in this press release regarding matters that are not historical facts are forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Regulation FD regulatory
"for complying with its disclosure obligations under Regulation FD"
Regulation FD is a rule that prevents company insiders, like executives, from sharing important information with some people before others get it. It matters because it helps ensure all investors have equal access to key news, making the stock market fairer and reducing chances of insider trading.
Net sales $5.2 million Up 59% sequentially versus $3.3 million in the first quarter 2026
Gross margin 57.1% Up from 49.5% in the first quarter 2026
Cash balance $10.8 million Up from $5.7 million at March 31, 2026, reflecting net proceeds from the May 2026 direct investment

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What preliminary Q2 2026 results did Data I/O (DAIO) report?

Data I/O reported preliminary Q2 2026 net sales of $5.2 million, up 59% sequentially from $3.3 million in Q1 2026. Gross margin was 57.1%, compared with 49.5% in the prior quarter, and cash totaled $10.8 million at June 30, 2026.

Why is Data I/O (DAIO) delaying its full Q2 2026 results and call?

The company is delaying full Q2 results and its conference call to August 12, 2026 to complete an independent accounting and valuation analysis on the $9 million direct investment announced in May 2026 and its financial reporting treatment.

How did Data I/O (DAIO) gross margin change in Q2 2026?

Data I/O’s Q2 2026 gross margin was 57.1%, compared with 49.5% in Q1 2026. This indicates a higher proportion of profit after production costs in the second quarter on a preliminary basis, subject to completion and auditor review.

What is Data I/O’s (DAIO) cash position after Q2 2026?

Cash totaled $10.8 million at June 30, 2026, up from $5.7 million at March 31, 2026. The increase reflects net cash proceeds from the $9 million direct investment completed in May 2026, as described by the company.

When is Data I/O’s (DAIO) rescheduled Q2 2026 earnings call?

The Q2 2026 investor conference call is set for August 12, 2026 at 2 p.m. Pacific / 5 p.m. Eastern. Investors can access it by dialing 412-317-5788 or via webcast in the Events & Webcasts section of Data I/O’s investor relations website.

How much was the direct investment mentioned by Data I/O (DAIO)?

Data I/O referenced a $9 million direct investment announced in May 2026. An independent accounting and valuation analysis is underway regarding the financial reporting treatment of this investment, which is why full Q2 results and the call were rescheduled.

EXHIBIT 99.0

 

Data I/O Reports Preliminary Financial Results for Second Quarter 2026

 

Full Second Quarter Financial Results and Conference Call Delayed to August 12, 2026 Due to On-going Accounting Analysis Pertaining to Direct Investment of $9 Million Announced in May 2026.

 

Redmond, WA – July 30, 2026 -- Data I/O Corporation (NASDAQ: DAIO), the leading global provider of data programming and security provisioning solutions for microcontrollers, security ICs and memory devices, today announced preliminary financial results for the second quarter ended June 30, 2026. The full second quarter financial results and corresponding conference call for investors which were scheduled for July 30, 2026 are being rescheduled to take place on August 12, 2026, pending the completion of an independent accounting and valuation analysis pertaining to the treatment of the direct investment of $9 million announced in May 2026.

 

Preliminary Second Quarter 2026 Financial Results

 

·

Net sales in the second quarter 2026 were $5.2 million, an increase of 59% sequentially as compared to $3.3 million in the first quarter 2026

 

 

·

Gross margin as a percentage of sales was 57.1% in the second quarter 2026, as compared to 49.5% in the first quarter 2026

 

 

·

Cash at June 30, 2026 was $10.8 million as compared to $5.7 million on March 31, 2026, reflecting the net cash proceeds from the May 2026 direct investment

 

 

Full Second Quarter 2026 Financial Results Announcement and Conference Call Information

 

The Company is rescheduling the reporting of its full financial results for the second quarter ended June 30, 2026 to take place on August 12, 2026 after market close. A conference call discussing the full financial results will be conducted on that day at 2 p.m. Pacific Time/5 p.m. Eastern Time. To listen to the conference call, please dial 412-317-5788. A replay will be made available approximately one hour after the conclusion of the call. To access the replay, please dial 412-317-0088, access code 5307983. The conference call will also be simultaneously webcast over the Internet; visit the Events & Webcasts section of the Data I/O Corporation website at https://www.dataio.com/investor-relations/news/events/ to access the call from the site. This webcast will be recorded and available for replay on the Data I/O Corporation website approximately one hour after the conclusion of the conference call.

 

About Data I/O Corporation

 

Since 1972, Data I/O has developed innovative solutions to enable the design and manufacture of electronic products for automotive, Internet-of-Things, medical, wireless, consumer electronics, industrial controls and other electronics devices. Today, our customers use Data I/O’s data programming solutions and security deployment platform to secure the global electronics supply chain and protect IoT device intellectual property from point of inception to deployment in the field. OEMs of any size can program and securely provision devices from early samples all the way to high volume production prior to shipping semiconductor devices to a manufacturing line. Data I/O enables customers to reliably, securely, and cost-effectively bring innovative new products to life. These solutions are backed by a portfolio of patents and a global network of Data I/O support and service professionals, ensuring success for our customers. Learn more at dataio.com/Company/Patents.

 

Learn more at dataio.com

 

 
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Safe Harbor/Forward Looking Statements, Disclosure Information and Non-GAAP financial Measures

The Company cautions you that statements contained in this press release regarding matters that are not historical facts are forward-looking statements. Such forward-looking statements include, but are not limited to, preliminary financial results which are subject to completion and auditor review and the timing of the release of financial statements and conference call, and any such forward-looking statements involving risks, assumptions and uncertainties. Statements in this news release may be construed as a prediction of future operations and performance or events are forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause actual results to differ materially from those expressed or implied by such statements.

 

Forward-looking statement disclaimers also apply to the timing and contributions of acquisitions, acquisition synergies, the demand for the Company’s products, the impact from geopolitical conditions including any related international trade restrictions, and cybersecurity incidents and the possibility that the Company’s containment and remediation efforts may be unsuccessful or becomes a challenging force in maintaining market share. Factors that may impact the Company’s operations and finances include uncertainties as to the ability to record revenues based upon the timing of product deliveries, market acceptance of Edge AI, shipping availability, installations and acceptance, accrual of expenses, coronavirus or other business interruptions, changes in economic conditions, part shortages, business disruptions and other risks including those described in the Company’s 10-K, 10-Q and other periodic filings with the Securities and Exchange Commission (SEC), press releases and other communications.

 

Data I/O may use its website (www.dataio.com) and investor relations page (www.dataio.com/Company/Investor-Relations), its X account (@DataIO_Company), and its LinkedIn page (linkedin.com/company/data-io) to disclose material non-public information and for complying with its disclosure obligations under Regulation FD. Accordingly, investors and other interested parties should monitor these sites, in addition to following Data I/O’s press releases, Securities and Exchange Commission (SEC) filings, public conference calls and public presentations/webcasts.

 

Contact:

 

Investor Relations

Darrow Associates, Inc.

 

Jordan Darrow

 

(512) 551-9296

jdarrow@darrowir.com

 

 

 
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Filing Exhibits & Attachments

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