UTStarcom Holdings Corp. (NASDAQ: UTSI) reported unaudited financial results for the second half and full year ended December 31, 2025, with revenues of $4.3 million and $9.0 million, respectively, down 17.3% and 17.4% year-over-year, and net losses of $4.2 million and $8.0 million. The company announced a strategic pivot to AI Networking, developing an Optical Circuit Switching solution with a prototype expected in 2H 2026.
Key takeaways
2H 2025 revenue $4.3 million vs $5.2 million in 2H 2024
FY 2025 revenue $9.0 million vs $10.9 million in 2024
2H 2025 net loss $4.2 million, basic EPS ($0.46) vs net loss $2.4 million, EPS ($0.26) in 2H 2024
FY 2025 net loss $8.0 million, basic EPS ($0.87) vs net loss $4.4 million, EPS ($0.48) in 2024
Cash balance including restricted cash $42.4 million as of December 31, 2025
Initiated OCS development for AI data centers in 2H 2025; functional prototype expected 2H 2026