NanoXplore Posts $33.9 Million Q4 Revenue, Guides FY2027 to $130-140 Million

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NanoXplore reported fourth-quarter revenue of $33.9 million, up 7% year-over-year including tooling and up 17%, or $4.5 million, excluding tooling revenues, while guiding fiscal 2027 revenue to $130 million to $140 million, representing 11% to 20% growth. Fourth-quarter adjusted gross margin was 22.5% of customer sales, down 220 basis points from 24.7% a year earlier, though product gross margin excluding tooling improved to 23% from 20.6%, and adjusted EBITDA fell $565,000 year-over-year to $1.9 million. Full-year revenue declined to $117.3 million from $129 million on more normalized tooling revenues, with adjusted EBITDA of $1.93 million down from $6.1 million, while the company ended the year with $25 million in cash and cash equivalents, $11.5 million in short-term and long-term debt, and total liquidity of $30 million as of June 30. NanoXplore guided first-quarter fiscal 2027 revenue to $30.5 million to $31 million, up 32% year-over-year, and projected fiscal 2028 revenue of $160 million to $170 million, supported by a $35 million pipeline of graphene-enhanced solutions business launching over the next 18 months. The company also reported its best safety record in history, with total recordable injury frequency reduced from 9.99 to 3.10, and said capital expenditures are expected to fall to less than $1 million per quarter as a run rate beginning in the first quarter of fiscal 2027.

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NanoXplore Inc.Private± Mixed
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