POET Technologies Inc. (POET) Net Income
The trailing-twelve-month (TTM) net income for POET Technologies Inc. (POET) is ($81.65 Million) with a year-over-year change of (44.01%). Net income represents the company's bottom line profit after all expenses, taxes, and interest.
Net Income (TTM)
($81.65M)
($81.65 Million)
Year-over-Year Change
(44.01%)
Net Income CAGR
N/A
Compound annual growth rate unavailable
Net Income CAGR (Compound Annual Growth Rate)
1 Year
N/A
3 Year
N/A
5 Year
N/A
10 Year
N/A
15 Year
N/A
20 Year
N/A
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2025 | ($62.96M) | ($6.27M) | — |
| 2024 | ($56.70M) | ($36.43M) | — |
| 2023 | ($20.27M) | +$769,325 | — |
| 2022 | ($21.04M) | ($5.37M) | — |
| 2021 | ($15.67M) | +$3.48M | — |
| 2020 | ($19.15M) | ($7.71M) | — |
| 2019 | ($11.43M) | +$4.89M | — |
| 2018 | ($16.32M) | ($3.52M) | — |
| 2017 | ($12.80M) | +$426,887 | — |
| 2016 | ($13.22M) | ($1.15M) | — |
Net Income Growth Summary
TTM Growth
(11.05%)
3-Year Avg Growth
(18.04%)
5-Year Avg Growth
(2.96%)
About POET Technologies Inc.
POET Technologies Inc. is a company that creates, produces, and markets both individual and integrated optical-electronic systems, with operations spanning Canada, the United States, and Singapore. A key component of its portfolio is the POET Optical Interposer, an innovative platform designed to seamlessly combine electronic and photonic devices into a single multi-chip module. This integration is accomplished by employing advanced wafer-scale semiconductor manufacturing processes and sophisticated packaging methods. Additionally, the firm engineers various integrated photonic components. POET's solutions cater to a diverse range of industries, including data centers, telecommunications, the Internet of Things (IoT), industrial sensing, automotive LIDAR, medical imaging (specifically optical coherence tomography), and virtual reality systems. Established in 1972 and based in Toronto, Canada, the company rebranded as POET Technologies Inc. in June 2013, having previously been known as Opel Technologies Inc.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Suresh V. Venkatesan