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May 15, 2026 8:40 AM

POET Technologies AI Data Center Deals Ignite Massive Growth Buzz

POET Technologies Inc. (NASDAQ:POET) reported first-quarter 2026 results on Friday after its stock surged 43.15% in Thursday's regular session to close at $20.57, before pulling back in Friday premarket trading following the earnings release and updates on AI infrastructure partnerships.

Revenue totaled $503,389, up from $166,760 a year earlier and $341,202 in the fourth quarter of 2025. Revenue beat the analyst estimate of $300,000.

The company posted a GAAP net loss of $12.3 million, or 8 cents per share, compared with net income of $6.3 million, or 8 cents per share, a year earlier. EPS missed the analyst estimate for a loss of 5 cents per share.

POET Technologies Revenue Growth

The quarter’s revenue consisted of non-recurring engineering and product revenue tied to projects using the company’s POET Optical Interposer platform.

Revenue rose about 202% year over year and ...