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POET

POET Technologies Inc.

POET

POET Technologies Inc. • NASDAQ
$4.97 ▲ 2.79% (+0.14)
Market Cap $451.33 M
52w High $9.41
52w Low $3.09
Dividend Yield 0%
P/E -7.01
Volume 3.69M
Outstanding Shares 90.72M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $298.434K ▲ $8.96M ▼ $-9.37M ▲ -3.14K% ▲ $-0.1 ▲ $-8.446M ▲
Q2-2025 $268.469K ▲ $9.026M ▼ $-17.263M ▼ -6.43K% ▼ $-0.21 ▼ $-16.44M ▼
Q1-2025 $166.76K ▲ $9.703M ▼ $6.342M ▲ 3.803K% ▲ $0.082 ▲ $7.101M ▲
Q4-2024 $29.032K ▲ $11.471M ▲ $-30.259M ▼ -104.227K% ▲ $-0.42 ▼ $-29.752M ▼
Q3-2024 $3.685K $6.75M $-12.741M -345.74K% $-0.2 $-12.184M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $92.736M ▲ $107.834M ▲ $41.395M ▲ $66.438M ▲
Q2-2025 $73.053M ▲ $89.675M ▲ $40.31M ▲ $49.365M ▲
Q1-2025 $48.642M ▼ $64.873M ▼ $32.417M ▼ $32.456M ▲
Q4-2024 $53.817M ▲ $69.652M ▲ $48.964M ▲ $20.689M ▼
Q3-2024 $41.783M $50.514M $19.896M $30.618M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-9.37M ▲ $-2.764M ▲ $-20.828M ▲ $26.077M ▼ $1.149M ▲ $-3.169M ▲
Q2-2025 $-17.263M ▼ $-7.739M ▲ $-27.594M ▼ $31.209M ▲ $-3.535M ▲ $-9.851M ▼
Q1-2025 $6.342M ▲ $-8.98M ▼ $-16.619M ▲ $4.317M ▼ $-21.243M ▼ $-9.502M ▲
Q4-2024 $-30.259M ▼ $-8.689M ▼ $-20.673M ▼ $25.737M ▼ $-4.639M ▼ $-12.68M ▼
Q3-2024 $-12.741M $-5.503M $-1.023M $26.775M $20.521M $-6.525M

Five-Year Company Overview

Income Statement

Income Statement POET is still a pre-revenue company. It has not yet converted its technology into meaningful sales, so all results come from expenses rather than income. Losses have been consistent for several years and recently have grown, which likely reflects higher spending on development, commercialization efforts, or the impact of share structure changes. In simple terms, this is a classic early-stage, research-heavy semiconductor story: costs now, no revenue yet, and a clear dependence on successful future commercialization to change the picture.

Balance Sheet

Balance Sheet The company operates with a very small asset base and a modest cash position, which underlines its early-stage nature and limited financial cushion. Equity is thin, meaning there is not a large buffer to absorb ongoing losses, and a small amount of debt has appeared, adding a modest fixed obligation on top of that. Overall, the balance sheet looks lean and fragile, and the business appears reliant on ongoing access to external funding until revenues arrive.

Cash Flow

Cash Flow Cash flow is consistently negative from operations, reflecting that the company is spending on people, R&D, and overhead without bringing in product revenue yet. Investment spending on equipment and similar items is relatively light, so the bulk of the cash burn is operating rather than heavy capital projects. That combination means POET is a cash-consuming story for now, and its future hinges on either raising new capital periodically or reaching commercial scale quickly enough to cover its own spending.

Competitive Edge

Competitive Edge POET is trying to carve out a niche in a very competitive, high-stakes part of the semiconductor world: optical engines for data centers and AI networking. Its Optical Interposer platform aims to cut costs, reduce power use, and shrink the size of optical modules by treating photonics more like standard semiconductor manufacturing. This approach, plus partnerships with major industry players, gives POET a potentially differentiated angle versus traditional optical transceiver and silicon photonics vendors. However, it is competing against much larger, well-funded companies, and it is still early in commercial adoption, so its competitive strength is more about future potential and partner validation than proven market share today.

Innovation and R&D

Innovation and R&D The core of POET’s story is innovation. The Optical Interposer concept—integrating electronic and photonic components at the wafer level—targets key pain points in data centers: cost, power usage, size, and bandwidth. The company is focusing on high-speed optical engines for current and next-generation data rates, with a roadmap that aligns closely with AI and cloud growth. Industry awards and technical partnerships suggest strong technology credibility. At the same time, the business model is heavily dependent on continued R&D success and on turning that innovation into reliable, repeatable products that big customers will order in volume.

Summary

POET looks like a classic high-risk, high-uncertainty deep-tech semiconductor venture. Financially, it remains pre-revenue, loss-making, and cash-burning, with a slim balance sheet that depends on outside funding. Strategically, it is pursuing a differentiated technology platform with clear appeal for AI and data center markets, backed by known partners and industry recognition. The key questions revolve around execution: converting technical promise into commercial scale, winning and retaining large customers, and managing financing needs during that transition. Outcomes could vary widely depending on how those factors play out over the next few years.

NEWS

November 13, 2025 · 4:30 PM UTC

POET Technologies Reports Third Quarter 2025 Financial Results

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November 11, 2025 · 7:18 AM UTC

POET Technologies and Quantum Computing Inc. to Co-Develop 3.2Tbps Optical Engines for CPO and Next-Gen AI Connectivity

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November 11, 2025 · 7:00 AM UTC

POET Technologies and Quantum Computing Inc. to Co-Develop 3.2 Tbps Optical Engines for CPO and Next-Gen AI Connectivity

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November 6, 2025 · 2:24 AM UTC

Sivers Semiconductors Partners With POET Technologies to Deliver Innovative Light-Engines And Strengthen Serviceable Market Offerings in Next-Gen AI Infrastructure

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October 28, 2025 · 1:31 PM UTC

POET Technologies Announces Closing of US$150 Million Oversubscribed Registered Direct Offering of Common Shares

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