Vislink Reports Third Quarter 2026 Financial Results

(OTCID: VISL) Vislink Technologies, Inc. reported financial and operational results for the third quarter and nine months ended September 30, 2026. Third quarter revenue was $4.6 million, representing a 19.8% increase year-over-year. Gross margin for the third quarter expanded by more than 1,400 basis points to 58.7%, attributed to improved pricing discipline and lower component costs. Sequentially, revenue declined 22.2% from the second quarter due to delays in several U.S. State and Local opportunities into the fourth quarter. For the first nine months of 2026, revenue rose 19.7% to $15.8 million. Gross margin for the nine-month period expanded to 60.3%. Operating expenses for the first nine months fell 30.1%. The non-GAAP EBITDA loss narrowed to $0.2 million from $6.0 million in the prior-year period. The military and government (MilGov) business saw two Middle East defense customers complete factory acceptance testing and training at Vislink’s Colchester, UK facility. U.S. Federal business development progressed to active deals with the U.S. Army and U.S. Navy. In Europe, nine-month revenue nearly doubled, and Vislink advanced a partnership with a leading systems integrator. Product development focused on defense and public safety, with the Tactical 5G Node reaching minimum viable product and production targeted for 2027. The 5G DOME product received significant interest at IBC 2026, and Aero5 completed DO-160 qualification testing. Vislink shipped its largest order to date from a leading U.S. aerial video systems provider. The AI Native initiative resulted in the entire sales team using a new AI-enabled CRM and quote-to-build application, with AI-assisted quoting set to go live in Q4. Vislink passed its ISO 9001 Stage 1 assessment. The company ended the quarter with $2.0 million in cash and $5.5 million in working capital. Management expects improved revenue and EBITDA performance in 2027 as new products and programs are deployed. Mickey Miller, Chief Executive Officer, stated that Vislink has fundamentally reset its financial profile through the first nine months of 2026 and is focused on converting its pipeline into orders and restoring profitability momentum in the fourth quarter.