Half Year Results Announcement
| Stock | Weebit Nano Ltd (WBT.ASX) |
|---|---|
| Release Time | 27 Feb 2026, 8:32 a.m. |
| Price Sensitive | Yes |
Weebit Nano achieves record half-year revenue
- Licensed ReRAM to Tier-1 semiconductor company Texas Instruments
- Achieved JEDEC technology qualification at DB HiTek
- Taped-out and received first test chips from onsemi
- Secured multiple agreements with product companies
Weebit Nano Ltd (ASX: WBT) has reported its interim results for the six months ended 31 December 2025 (H1 FY26), highlighting significant commercial and technical progress. The company achieved record half-year revenue of A$5.6 million, more than 8 times the same period last year, putting it on track to achieve its FY26 revenue guidance of A$10 million. Key highlights include licensing Weebit's ReRAM technology to Texas Instruments, a Tier-1 semiconductor company, achieving technology qualification to JEDEC standards at DB HiTek, taping-out and receiving first test chips manufactured at onsemi, and securing multiple agreements with product companies to integrate Weebit ReRAM into next-generation applications. The company also established a US subsidiary to support growing product company adoption and appointed Gideon Intrater as VP of Systems and AI to drive its AI offering. Weebit's intellectual property portfolio was further strengthened with the granting of eight new patents. The company remains well-funded for growth with A$82.7 million cash-at-bank.
Weebit Nano has issued revenue guidance of more than A$10 million for the full 2026 financial year.
Weebit Nano's significant progress over the past six months, including its licensing agreement with Texas Instruments, has firmly established the company's ReRAM leadership and reinforced to the broader industry that ReRAM is the emerging non-volatile memory of choice for next-generation applications. The company's technical progress with partners is supporting adoption by product companies, with Weebit ReRAM already being designed into new applications.