EMCORE Corporation

EMCORE Corporation

EMKR
EMCORE CorporationUS flagNASDAQ Global Market
3.10
USD
+0.03
- -
28.11MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
69.52
22.98
18.23
27.22
35.41
46.1
31.4
31.19
37.8
46.57
12.16
18.97
9.52
9
Basic EPS, GAAP
-16.63
1.88
1.59
21.02
3.18
3.09
-6.4
-12.86
-2.4
7.54
-6.53
-14.63
-3.46
-3.45
Free Cash Flow per Basic Share
-11.7
-11.06
-0.66
-2.24
-4.36
0.79
-1.88
-9.27
-2.89
1.7
0.31
-6.89
-0.59
-0.28
Dividend per Share
- -
- -
- -
- -
15.09
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
29.59
38.31
36.97
60.75
59.46
62.99
56.35
44.14
41.51
54.23
44.34
24.78
10.75
10.2
Tangible Book Value per Share
19.19
29.64
36.87
45.13
41.31
45.3
39.17
27.32
25.36
40.34
22.87
13.21
4.42
3.92
Basic Weighted Avg Shares
2
3
3
3
3
3
3
3
3
3
4
5
9
9
Sales/Revenue/Turnover
164
61
56
82
92
123
86
87
110
158
45
98
86
81
Operating Margin (%)
-27.41
-27.45
-36.8
-5.26
3.15
6.34
-21.35
-41.75
-8.46
12.3
-83.72
-27.88
-19.07
-18.24
Depreciation Expense
9
9
9
3
3
4
6
7
5
4
2
5
6
5
Net Income, GAAP
-39
5
5
63
8
8
-17
-36
-7
26
-24
-75
-31
-31
Effective Tax Rate (%)
- -
- -
- -
- -
0.53
1.94
- -
- -
- -
2.18
- -
- -
- -
- -
Profit Margin (%)
-23.92
8.18
8.74
77.25
8.98
6.7
-20.38
-41.24
-6.36
16.18
-53.69
-77.12
-36.37
-38.32
Working Capital
4
37
31
128
93
103
89
41
61
116
50
64
37
35
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
20
13
36
31
18
18
Total Equity
69
101
112
135
107
121
107
77
74
137
118
80
50
45
Return on Invested Capital (%)
- -
- -
- -
- -
2.36
6.59
- -
- -
- -
15.4
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
4.91
5.11
- -
- -
- -
15.06
- -
- -
- -
- -
Return on Common Equity (%)
-46.27
5.82
4.53
42.79
4.91
5.11
-10.85
-25.97
-5.73
16.79
-13.91
-51.46
-27.82
-28.94

Capital Structure

FRC

in mil. unless spec.
Jun'24
Sep'24
Dec'25
ST Debt
4
3
2
LT Borrowings
8
- -
- -
LT Finance Leases
19
18
18
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
10
20
27

Working Capital

FRC

in mil. unless spec.
Jun'24
Sep'24
Dec'25
Total Current Assets
68
55
54
Cash, Cash Equivalents & STI
8
10
8
Accounts Receivable, Net
15
14
15
Inventories
29
25
26
Total Current Liabilities
24
18
19
Payables & Accruals
13
11
11
ST Debt
4
3
2
Deferred Revenue
1
1
2

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-2.9%
-0.33%
-37.52%
Free Cash Flow
-334.89%
-719.78%
-85.04%
Net Income, GAAP
31.68%
-118.12%
-58.55%
Sales/Revenue/Turnover
16.71%
20.44%
-12.1%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
20
24
27
19
98
2024
24
20
20
22
86
2025
19
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-3.11
-2.7
-1.83
-6.01
-14.63
2024
-0.64
-0.95
-1.54
- -
-3.46
2025
-0.61
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
Matthew Vargas
Full Time Employees
188
Sector
Technology
Industry
Semiconductors
Address
2015 West Chestnut Street Alhambra CA United States of America 91803
IPO Date
Mar 6, 1997
Website
emcore.com
Business
EMCORE Corporation provides advanced inertial navigation solutions and component-level products for the aerospace and defense markets. Founded in 1984 and headquartered in Fairfield, New Jersey, with manufacturing facilities in Budd Lake, New Jersey; Concord, California; and Tinley Park, Illinois, the company leverages photonic integrated chip (PIC), quartz MEMS, ring laser gyro (RLG), and lithium niobate technologies to deliver high-performance systems. It operates primarily in the aerospace and defense segment, serving Tier 1 primes, U.S. and NATO programs, military ground vehicles, commercial aviation, and homeland security customers worldwide through direct sales, application engineers, and distributors; its facilities hold ISO 9001 and AS9100 certifications. EMCORE offers tactical-grade quartz MEMS gyroscopes, inertial measurement units (IMUs), inertial navigation systems (INS), closed-loop and open-loop fiber optic gyroscopes (FOGs), and the TACNAV tactical navigation suite for military land vehicles, naval, amphibious, radar positioning, pointing, and artillery survey applications. The portfolio extends to Systron Donner quartz MEMS navigation products, RLG technology, stabilization and guidance systems, flight controls, and assured positioning, navigation, and timing (PNT) solutions resistant to GPS jamming. These products emphasize superior size, weight, power, and cost (CSWaP), vibration tolerance, and mean time between failure (MTBF) for tactical, navigational, and strategic grades. In March 2025, Charlesbank Capital Partners completed its acquisition of EMCORE through Velocity One, a new aerospace manufacturing holding company, at $3.10 per share following a merger agreement signed in November 2024 and shareholder approval in February 2025; EMCORE now operates as a wholly owned subsidiary alongside Cartridge Actuated Devices and Aerosphere Power. This transaction, backed by Charlesbank and co-investor Launch Point Partners, aims to drive growth via operational synergies, shared customer bases in U.S. and NATO defense programs, and an active M&A pipeline under CEO John Borduin.

Company News

MCPAPIChat
  • First Look: Safe-Haven Rally, CES AI Push, Berkshire Shift

  • EMCORE Environmental Test Services Officially Launches in Budd Lake, New Jersey

  • EMCORE Reintroduces the Industry-Favorite DSP-1750 Fiber Optic Gyroscope with Next-Generation Performance and Design

  • Charlesbank Completes Acquisition of EMCORE to Form Velocity One

  • EMCORE Reports Fiscal 2025 First Quarter Results

  • EMCORE Reports Fiscal 2024 Fourth Quarter Results

  • EMKR Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Emcore Corporation is Fair to Shareholders

  • $HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of EMCORE Corporation - EMKR

  • EMCORE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of EMCORE Corporation - EMKR

  • SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates EMKR and ALVR on Behalf of Shareholders

  • ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of EMCORE Corporation

  • SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates EMKR and ALVR on Behalf of Shareholders

  • SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of EMCORE Corporation – EMKR

  • Shareholder Alert: Ademi LLP Investigates Whether EMCORE Corporation is Obtaining a Fair Price for Its Public Shareholders

  • EMKR Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of EMCORE Corporation Is Fair to Shareholders

  • Emcore Corporation Confirms Receipt of Unsolicited, Non-Binding Proposal from Mobix Labs, Inc.

  • Dow Dips 300 Points; Emcore Shares Spike Higher

  • EMCORE Corporation (EMKR) Q3 2024 Earnings Call Transcript

  • Emcore (EMKR) Reports Q3 Loss, Tops Revenue Estimates

  • EMCORE Reports Fiscal 2024 Third Quarter Results