SemiLEDs’ Trung Tri Doan Reports FY2025: Annual Revenue Soars, Q4 Earnings Under Pressure

SemiLEDs Corporation (NASDAQ: LEDS), “SemiLEDs” or the “Company,” a developer and manufacturer of LED chips and LED components, announced its financial results for the fourth quarter and full fiscal year, ended August 31, 2025.

Revenue for the fourth quarter of fiscal 2025 was $13.2 million, compared to $17.7 million in the third quarter of fiscal 2025. GAAP net loss attributable to SemiLEDs stockholders for the fourth quarter of fiscal 2025 was $1.2 million, or $(0.15) per diluted share, compared to a net income of $223 thousand, or $0.03 per diluted share, in the third quarter of fiscal 2025.

GAAP gross margin for the fourth quarter of fiscal 2025 decreased to 2%, compared to 5% for the third quarter of fiscal 2025. Operating margin for the fourth quarter of fiscal 2025 decreased to negative 7%, compared with negative 0.4% for the third quarter of fiscal 2025. The Company’s cash and cash equivalents were $2.6 million at August 31, 2025, compared to $2.4 million at the end of the third quarter of fiscal 2025.

Revenues for fiscal year 2025 increased to $43 million, compared to $5.2 million in fiscal year 2024. GAAP net loss attributable to SemiLEDs stockholders for fiscal year 2025 was $1.1 million, or $(0.15) per diluted share, compared to a net loss of $$2.0 million, or $(0.32) per diluted share, in fiscal year 2024.

GAAP gross margin for fiscal year 2025 decreased to 6%, compared with gross margin for fiscal year 2024 of 20%. Operating margin for fiscal year 2025 was negative 4%, compared with negative 57% in fiscal year 2024. The Company’s cash and cash equivalents were $2.6 million as of August 31, 2025, compared to $1.7 million as of August 31, 2024.

SemiLEDs develops and manufactures LED chips and LED components for general lighting applications, including street lights and commercial, industrial, system and residential lighting, along with specialty industrial applications such as ultraviolet (UV) curing, medical/cosmetic, counterfeit detection, horticulture, architectural lighting and entertainment lighting. SemiLEDs sells blue, white, green and UV LED chips.