POET Technologies Reports Second Quarter 2026 Financial Results
POET Technologies Inc. reported its second quarter 2026 financial results, with revenue reaching $569,925, an increase of 13% from the previous quarter and 112% year-over-year. This marks the sixth consecutive quarter of sequential revenue growth. The companyβs net loss narrowed to $11.3 million, or $0.07 per share, compared to $12.3 million in the first quarter. POET Technologies ended the quarter with $796.3 million in cash and short-term investments, bolstered by a $400 million financing round. Key developments include a $50 million purchase order from Lumilens for optical interposer-based engines and the appointment of Dr. Sandeep Kumar as Chief Operating Officer. The company expects to begin shipping production units in the second half of 2026 and has decided against redomiciling to the United States at this time.