LINKNasdaqComputer Peripheral Equipment, NECUS GAAP · USD

Interlink Electronics, Inc

Interlink Electronics designs and manufactures sensors, printed electronics, and human-machine interface components used in custom and standard products. Its portfolio spans force and piezo-electric sensors, rugged HMI, wearable textile sensors, gas sensors, and related instruments and systems for medical, industrial, automotive, consumer, and specialty applications.

Revenue11.9m USD
+1.8 %y/y
Operating profit (EBIT)-1.8m USD
+10.8 %y/y
EBIT margin-15.4%
+2.2 ppy/y
Net income-1.6m USD
+18.6 %y/y
Free cash flow-0.2m USD
+69.1 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

-5051015m USD2020: 6.9 m USD2020: EBIT 0.11 m USD20202021: 7.5 m USD2021: EBIT -0.08 m USD20212022: 7.5 m USD2022: EBIT -0.67 m USD20222023: 14 m USD2023: EBIT -0.44 m USD20232024: 12 m USD2024: EBIT -2.1 m USD20242025: 12 m USD2025: EBIT -1.8 m USD202512-1.8
RevenueOperating profit (EBIT)

Business

Share of revenue
Custom sensors and HMI solutions55 %

Application-specific force, piezo-electric, rugged HMI, and embedded sensing products designed for customer requirements.

Standard products30 %

Off-the-shelf sensor and interface products sold into multiple markets through distribution networks.

Gas and environmental sensing10 %

Electrochemical gas-sensing products and solutions for safety, wellness, and air-quality monitoring.

Wearable and textile sensors5 %

Sensors integrated into fabrics and wearables for consumer and specialty applications.

Customers

The company sells to global blue-chip customers, as well as start-ups, design houses, OEMs, and universities. Its custom products are pulled into medical, industrial, automotive, and specialty programs, while standard products reach broader end markets through distributors and may be resold into markets unknown at the time of sale.

Medical OEMs and device makers

Buy custom sensing and interface components for medical devices where long design cycles and reliability matter.

Industrial and automation customers

Buy rugged HMI, force sensing, and gas/environmental sensing products for factory, safety, and monitoring uses.

Automotive customers

Buy sensing and interface products for vehicle applications, including programs with longer qualification cycles.

Consumer and wearables customers

Buy wearable, textile, and consumer sensing solutions for products with shorter design cycles and faster refresh rates.

Distribution and standard-product buyers

Buy standard products through channels for use across multiple end markets, often without direct end-customer visibility.

Strategy

Management is investing in internal R&D and materials science capabilities to keep its sensor and printed-electronics platforms current and easier to deploy. It has also shifted much of product development to Camarillo, California and is using its acquired facilities in the US and Europe to stay closer to top-tier customers and support future growth.

Expand core sensing and printed-electronics platformsMedium term

Broader technology capability supports new products and higher-value custom wins.

Strengthen customer proximity and product developmentShort term

Closer engineering support improves design-in success and customer retention.

Leverage long-life industrial and medical programsMedium term

Longer design cycles can create durable revenue streams and recurring demand.

Geography

2025

Interlink operates globally, with sales and engineering support in the United States, China, the United Kingdom, Hong Kong, Singapore, and Japan. Manufacturing is concentrated in Shenzhen, China, and in facilities in Fremont, California; Irvine, Scotland; and Barnsley, England, which gives the company control over production and shipping but also creates cross-border operating exposure.

United States100 %

Risks

The business depends on winning and retaining design-ins with customers that may have long qualification cycles, so delays or program losses can affect revenue for years. It also faces manufacturing, supply-chain, and geopolitical exposure because production is concentrated in China and the company serves global customers across multiple end markets.

Sorted by severity
Customer concentration and design-win dependenceHigh

Custom sensing products require long qualification cycles, so losing a program can remove revenue for multiple years.

ExposureMedicalIndustrialAutomotiveSpecialty programs
China manufacturing and supply-chain disruptionHigh

A major manufacturing base in Shenzhen exposes the company to logistics, trade, and geopolitical shocks.

ExposureProductionShippingComponent sourcing
Demand volatility in consumer and standard productsMedium

Shorter-cycle products and channel sales can fluctuate more than medical or industrial programs.

ExposureConsumerWearablesDistribution channels
Foreign exchange and multi-country operating complexityMedium

Revenue, costs, and cash flows span the US, China, the UK, and Asia, creating translation and transaction risk.

Exposure: Global sales and manufacturing footprint

Accounting

Judgemental items
Revenue recognition by product type

Custom programs and standard channel sales may recognize revenue at different points in the order-to-cash cycle.

Impact: Quarterly revenue comparability

Goodwill and intangible asset impairment

Acquisitions and acquired technology create balances that depend on future cash flows and market assumptions.

Impact: Potential non-cash charges

Net operating loss carryforwards

Tax expense and effective tax rate are affected by the ability to use NOLs and by domestic/foreign earnings mix.

Impact: Income tax provision

Foreign currency transaction gains and losses

Multi-currency operations create volatility in non-operating income and expense.

Impact: Other income (expense), net

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Interlink Electronics, Inc (LINK) Revenue, Earnings & Financials 2025 – Clarifo