Aeluma Reports Q3 Earnings Miss Amid Revenue Guidance Cut
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 10 2026
0mins
Source: Benzinga
Aeluma Inc's stock fell 26.68% as it crossed below the 5-day SMA, reflecting investor concerns following its Q3 earnings report.
The company reported Q3 revenue of $1.2 million, down from $1.3 million year-over-year, and narrowed its full-year revenue guidance to $4.2 million to $4.6 million due to delays in government contract execution. This has raised concerns about the company's reliance on government projects for funding, leading to diminished market confidence.
Despite the revenue miss, Aeluma's cash position remains strong at $37.8 million, and the company has secured over $4 million in U.S. government contracts, which may provide a crucial boost to future revenue growth.
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Analyst Views on ALMU
Wall Street analysts forecast ALMU stock price to rise
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 23.310
Low
25.00
Averages
25.50
High
26.00
Current: 23.310
Low
25.00
Averages
25.50
High
26.00
About ALMU
Aeluma, Inc. is a semiconductor company that focuses on photonic and electronic technologies that are designed for scalability. It is engaged in developing semiconductors for sensing, communication, and computing applications. The Company’s proprietary platform combines compound semiconductors with scalable manufacturing used for mass market microelectronics to enable volume production and large-scale integration. Its technology is used in mobile, artificial intelligence (AI), defense and aerospace, robotics, automotive, augmented reality/virtual reality (AR/VR), industrial automation, machine vision, robotics, defense & aerospace, three-dimensional (3D) imaging, telecommunications, and quantum. The Company operates research and development (R&D) and manufacturing capabilities for semiconductor wafer production, quick-turn chip fabrication, rapid prototyping, test, and validation. It also partners with production-scale fabrication foundries, packaging, and integration companies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Aeluma Q3 Earnings: Revenue and Outlook
- Revenue Performance: Aeluma reported $1.2 million in revenue for Q3 2026, down from $1.3 million in the same quarter last year, reflecting the impact of delays in government contract execution, although the company maintains a strong cash position with $37.8 million in cash and cash equivalents.
- Guidance Adjustment: The company has narrowed its full-year revenue guidance to $4.2 million to $4.6 million, primarily due to delays in government contract execution, indicating potential risks associated with reliance on government projects for funding.
- Market Opportunities: With growing demand for 200G and 400G per-lane transceivers, Aeluma's high-speed InGaAs photodiodes and MOCVD quantum dot lasers present expanding market opportunities, particularly in the AI datacom sector, which could lead to new revenue streams for the company.
- Management Changes: Aeluma recently appointed two new executives, Christiane Poblenz as VP of Materials Operations and Willy Rachmady as VP of Strategic Partnerships and Ecosystem, indicating the company's proactive approach to enhancing its technical capabilities and market strategy.
See More
Aeluma Q3 Earnings: Revenue Misses Expectations
- Earnings Performance: Aeluma reported a Q3 Non-GAAP EPS of -$0.04, aligning with expectations, yet revenue of $1.2 million, down 4% year-over-year, missed forecasts, leading to diminished market confidence in the company's growth prospects.
- Cash Position: As of March 31, 2026, Aeluma's cash and cash equivalents totaled $37.8 million, down from $38.6 million on December 31, 2025, indicating pressure on the company's financial management amid operational challenges.
- Guidance Revision: The company narrowed its fiscal year 2026 revenue guidance from a range of $4.0 million to $6.0 million to $4.2 million to $4.6 million, reflecting delays in contract execution due to government shutdowns and other factors impacting project initiation timelines.
- Government Contract Award: Aeluma secured over $4 million in U.S. government contracts for its semiconductor platform, which, despite the overall poor financial performance, may provide a crucial boost to future revenue growth.
See More
Aeluma, Inc. to Participate in Upcoming Investor Conferences
- Investor Conference Schedule: Aeluma will present at the LD Micro Invitational XVI in Los Angeles on May 19, with CEO Jonathan Klamkin and CFO Christopher Stewart scheduled for a live webcast at 10 AM PT, which is expected to attract significant investor interest.
- One-on-One Meeting Opportunities: On May 19, Aeluma will offer one-on-one investor meetings aimed at enhancing engagement with potential investors, thereby increasing the company's visibility in the capital markets.
- International Conference Participation: Aeluma will attend the 16th Annual ROTH Conference in London from June 16-18, where CFO Christopher Stewart will conduct one-on-one investor meetings to further expand international investor relations.
- Virtual Meeting Arrangements: At the Northland Growth Conference on June 23, Aeluma's CEO and CFO will provide virtual one-on-one meetings, allowing global investors to participate and showcase the company's innovative capabilities in the semiconductor sector.
See More
Aeluma Q3 Earnings Announcement Scheduled
- Earnings Release Date: Aeluma (ALMU) is set to announce its Q3 earnings on May 13th after market close, with consensus EPS estimate at -$0.04, reflecting a 136.4% year-over-year decline, while revenue is projected at $1.35M, indicating an 8.0% year-over-year growth, showcasing potential for revenue increase.
- Historical Performance Review: Over the past year, Aeluma has beaten EPS and revenue estimates 50% of the time, suggesting a degree of volatility in financial performance, which investors should monitor for future profitability.
- Estimate Revision Dynamics: In the last three months, Aeluma's EPS estimates saw one upward revision with no downward adjustments, while revenue estimates experienced one downward revision, reflecting cautious market sentiment regarding the company's future performance, which may impact investor confidence.
- Government Contract Approval: Aeluma has secured over $4M in U.S. government contracts for its semiconductor platform, indicating the company's competitive edge in technology and market recognition, potentially supporting future revenue growth.
See More
Aeluma Secures $4 Million Government Contracts for AI and Quantum Expansion
- Contract Supports Commercialization: Aeluma has secured over $4 million in U.S. government contracts to advance its heterogeneous semiconductor integration platform, thereby accelerating its entry into the rapidly growing AI infrastructure and quantum systems markets.
- Revenue Expectations Rise: Aeluma projects fiscal 2026 revenue between $4.0 million and $6.0 million, with analysts' consensus estimate at $5.4 million, indicating the company's growth potential in emerging technology sectors.
- Technological Innovation Advancement: The new contracts will support Aeluma's R&D in quantum dot lasers and nonlinear photonic materials, which are seen as critical for future AI data centers and quantum computing networks.
- Market Sentiment Shift: Retail investor sentiment around Aeluma has flipped from neutral to bullish, with message volume significantly increasing within 24 hours, reflecting an optimistic outlook on the company's future.
See More
Aeluma Secures Over $4 Million in Government Contracts
- Contract Value Milestone: Aeluma has secured over $4 million in contracts from the U.S. Government, with funds aimed at enhancing its semiconductor heterogeneous integration platform, particularly for quantum and high-speed data communication applications, significantly boosting the company's technological capabilities and market competitiveness.
- Strategic Partnership Strengthening: These contracts align with Aeluma's commercialization strategy and further strengthen its partnerships with government entities and manufacturing partners, which is expected to enhance the company's position in rapidly expanding markets related to AI infrastructure, defense, and quantum technologies.
- Production Capacity Enhancement: Aeluma aims to increase wafer production and fabrication capabilities in collaboration with Tower Semiconductor and Sumitomo Chemical Advanced Technology, thereby positioning itself favorably in emerging markets to meet the growing demand.
- Material Platform Development: The company is developing a scalable aluminum gallium arsenide (AlGaAs) nonlinear materials platform, noted for its efficiency and versatility, combining high-performance compound semiconductors with mainstream microelectronics manufacturing to drive technological innovation and broaden market applications.
See More
Aeluma Q3 Earnings: Revenue and Outlook
- Revenue Performance: Aeluma reported $1.2 million in revenue for Q3 2026, down from $1.3 million in the same quarter last year, reflecting the impact of delays in government contract execution, although the company maintains a strong cash position with $37.8 million in cash and cash equivalents.
- Guidance Adjustment: The company has narrowed its full-year revenue guidance to $4.2 million to $4.6 million, primarily due to delays in government contract execution, indicating potential risks associated with reliance on government projects for funding.
- Market Opportunities: With growing demand for 200G and 400G per-lane transceivers, Aeluma's high-speed InGaAs photodiodes and MOCVD quantum dot lasers present expanding market opportunities, particularly in the AI datacom sector, which could lead to new revenue streams for the company.
- Management Changes: Aeluma recently appointed two new executives, Christiane Poblenz as VP of Materials Operations and Willy Rachmady as VP of Strategic Partnerships and Ecosystem, indicating the company's proactive approach to enhancing its technical capabilities and market strategy.
See More
Aeluma Q3 Earnings: Revenue Misses Expectations
- Earnings Performance: Aeluma reported a Q3 Non-GAAP EPS of -$0.04, aligning with expectations, yet revenue of $1.2 million, down 4% year-over-year, missed forecasts, leading to diminished market confidence in the company's growth prospects.
- Cash Position: As of March 31, 2026, Aeluma's cash and cash equivalents totaled $37.8 million, down from $38.6 million on December 31, 2025, indicating pressure on the company's financial management amid operational challenges.
- Guidance Revision: The company narrowed its fiscal year 2026 revenue guidance from a range of $4.0 million to $6.0 million to $4.2 million to $4.6 million, reflecting delays in contract execution due to government shutdowns and other factors impacting project initiation timelines.
- Government Contract Award: Aeluma secured over $4 million in U.S. government contracts for its semiconductor platform, which, despite the overall poor financial performance, may provide a crucial boost to future revenue growth.
See More
Aeluma, Inc. to Participate in Upcoming Investor Conferences
- Investor Conference Schedule: Aeluma will present at the LD Micro Invitational XVI in Los Angeles on May 19, with CEO Jonathan Klamkin and CFO Christopher Stewart scheduled for a live webcast at 10 AM PT, which is expected to attract significant investor interest.
- One-on-One Meeting Opportunities: On May 19, Aeluma will offer one-on-one investor meetings aimed at enhancing engagement with potential investors, thereby increasing the company's visibility in the capital markets.
- International Conference Participation: Aeluma will attend the 16th Annual ROTH Conference in London from June 16-18, where CFO Christopher Stewart will conduct one-on-one investor meetings to further expand international investor relations.
- Virtual Meeting Arrangements: At the Northland Growth Conference on June 23, Aeluma's CEO and CFO will provide virtual one-on-one meetings, allowing global investors to participate and showcase the company's innovative capabilities in the semiconductor sector.
See More
Aeluma Q3 Earnings Announcement Scheduled
- Earnings Release Date: Aeluma (ALMU) is set to announce its Q3 earnings on May 13th after market close, with consensus EPS estimate at -$0.04, reflecting a 136.4% year-over-year decline, while revenue is projected at $1.35M, indicating an 8.0% year-over-year growth, showcasing potential for revenue increase.
- Historical Performance Review: Over the past year, Aeluma has beaten EPS and revenue estimates 50% of the time, suggesting a degree of volatility in financial performance, which investors should monitor for future profitability.
- Estimate Revision Dynamics: In the last three months, Aeluma's EPS estimates saw one upward revision with no downward adjustments, while revenue estimates experienced one downward revision, reflecting cautious market sentiment regarding the company's future performance, which may impact investor confidence.
- Government Contract Approval: Aeluma has secured over $4M in U.S. government contracts for its semiconductor platform, indicating the company's competitive edge in technology and market recognition, potentially supporting future revenue growth.
See More
Aeluma Secures $4 Million Government Contracts for AI and Quantum Expansion
- Contract Supports Commercialization: Aeluma has secured over $4 million in U.S. government contracts to advance its heterogeneous semiconductor integration platform, thereby accelerating its entry into the rapidly growing AI infrastructure and quantum systems markets.
- Revenue Expectations Rise: Aeluma projects fiscal 2026 revenue between $4.0 million and $6.0 million, with analysts' consensus estimate at $5.4 million, indicating the company's growth potential in emerging technology sectors.
- Technological Innovation Advancement: The new contracts will support Aeluma's R&D in quantum dot lasers and nonlinear photonic materials, which are seen as critical for future AI data centers and quantum computing networks.
- Market Sentiment Shift: Retail investor sentiment around Aeluma has flipped from neutral to bullish, with message volume significantly increasing within 24 hours, reflecting an optimistic outlook on the company's future.
See More
Aeluma Secures Over $4 Million in Government Contracts
- Contract Value Milestone: Aeluma has secured over $4 million in contracts from the U.S. Government, with funds aimed at enhancing its semiconductor heterogeneous integration platform, particularly for quantum and high-speed data communication applications, significantly boosting the company's technological capabilities and market competitiveness.
- Strategic Partnership Strengthening: These contracts align with Aeluma's commercialization strategy and further strengthen its partnerships with government entities and manufacturing partners, which is expected to enhance the company's position in rapidly expanding markets related to AI infrastructure, defense, and quantum technologies.
- Production Capacity Enhancement: Aeluma aims to increase wafer production and fabrication capabilities in collaboration with Tower Semiconductor and Sumitomo Chemical Advanced Technology, thereby positioning itself favorably in emerging markets to meet the growing demand.
- Material Platform Development: The company is developing a scalable aluminum gallium arsenide (AlGaAs) nonlinear materials platform, noted for its efficiency and versatility, combining high-performance compound semiconductors with mainstream microelectronics manufacturing to drive technological innovation and broaden market applications.
See More
