Highlights

  • Weebit Nano (ASX:WBT) reported FY26 Revenue of A$15.3 million, compared with A$4.4 million in FY25.
  • Three product customers had taped out chip designs incorporating Weebit ReRAM by the end of FY26.
  • The company raised about A$102 million during FY26 through institutional placements and a share purchase plan.
  • Weebit entered FY27 with technology transfers progressing with Texas Instruments and onsemi and guidance for at least A$7.1 million revenue in H1 FY27.

At the time of writing this article on October 7, 2026, Weebit Nano Ltd (ASX:WBT) was trading at AUD 3.60, up 5.26% during today’s trading session. Weebit Nano develops and licenses resistive random-access memory, or ReRAM, technology for the global semiconductor industry. The company’s latest financial disclosures show a material increase in FY26 revenue, progress in customer licensing and product tape-outs, and a larger funding base to support technology transfer, commercialisation and artificial intelligence-related development.

Company Business

Weebit Nano operates an intellectual-property licensing model focused on embedded non-volatile memory. Its ReRAM technology is designed for use in semiconductor devices where persistent memory is required, including automotive electronics, industrial systems, microcontrollers, analog and power integrated circuits, secure devices and AI-enabled applications.

The company works with foundries, integrated device manufacturers and product companies. Its technology has been qualified at DB HiTek and is being transferred to customers including Texas Instruments and onsemi. Weebit also has a long-running Research and Development relationship with CEA-Leti in France and maintains operations across Israel, France and the United States.

Recent Development

In late August 2026, Weebit released its FY26 annual report, detailing revenue of A$15.276 million for the year ended 30 June 2026, up from A$4.409 million in FY25. The company said the increase was driven by intellectual-property licensing and non-recurring engineering payments. It also reported that three product customers had taped out chip designs incorporating Weebit ReRAM by the end of FY26, with one customer already demonstrating a functional prototype.

Technology transfer work with Texas Instruments and onsemi continued during the period. Texas Instruments licensed Weebit ReRAM for embedded processing in advanced nodes, while onsemi progressed integration into its 65nm Treo platform. Weebit also expanded licensing agreements with existing customers to cover additional technologies, products and Business domains.

On October 5, 2026, the company announced that its 2026 Annual General Meeting would be held on November 23, 2026. On October 6, it announced a change of auditor. These are recent corporate updates and are separate from the company’s earlier operational milestones.

Financial Performance and Sector Context

For FY26, revenue reached A$15.276 million and the loss after tax attributable to members was A$54.897 million, compared with A$38.385 million in FY25. No Dividend was declared for the year. At 30 June 2026, the company reported cash of about A$167 million following Capital raising activity during the year.

Weebit raised approximately A$102 million through an A$80 million institutional placement, an additional A$7 million Placement to Israeli investors and a roughly A$15 million share purchase plan. The proceeds were designated for commercialisation, technology development, expansion of the company’s AI offering and general corporate purposes.

The semiconductor memory sector is being shaped by higher-performance computing requirements, AI inference workloads and the scaling limitations of embedded flash at smaller process nodes. For Weebit, sector execution depends on foundry qualification, customer design cycles, successful Manufacturing transfer and eventual transition of customer products from prototypes into Volume production.

Risks to Consider

Weebit remains loss-making and continues to invest in research, development, engineering and commercialisation. The timing of licensing agreements can be affected by customer priorities and semiconductor manufacturing capacity. Product tape-outs also require additional manufacturing, testing and qualification before commercial production can begin. These factors may cause revenue recognition and Royalty generation to vary between reporting periods.

What to Watch Next

Investors may monitor progress on technology transfers with Texas Instruments and onsemi, additional foundry or IDM licensing agreements, customer qualification milestones and movement of taped-out product designs toward mass production. The company has guided to at least A$7.1 million revenue for H1 FY27, compared with A$5.6 million in H1 FY26. The November 2026 annual general meeting and subsequent quarterly activity reports will provide further information on commercial execution and cash deployment.

Key Insights

Weebit Nano finished FY26 with higher revenue, a larger cash position and broader customer engagement across its ReRAM platform. Revenue growth was accompanied by a wider statutory loss, reflecting continued Investment in technology and commercial scale-up. The central factors to monitor are conversion of licensing relationships into qualified production programs, progress toward mass production by product customers, and the pace at which future milestone payments and royalties emerge.