NETLIST INC
Close on Oct 19, 2026
- Market cap
- $2.21B
- P/E (TTM)
- –
- Dividend yield
- –
About Netlist
Semiconductors & Related Devices, SIC 3674
Netlist, Inc. designs and manufactures advanced memory and storage solutions, focusing on modular memory subsystems and technologies that support artificial intelligence computing. The company's proprietary product offerings include load-reduced dual in-line memory modules, very low profile memory subsystems, and storage products incorporating distributed buffer architectures and localized power management. Netlist also resells third-party memory components and excess component inventory. Its customer base consists primarily of original equipment manufacturers in the server, high-performance computing, and telecommunications markets, alongside storage providers, appliance manufacturers, system builders, and cloud data center operators.
The company is headquartered in Irvine, California. Netlist maintains global business development offices and utilizes third-party manufacturing facilities located across the People's Republic of China, Taiwan, and Korea. In addition, the company manages supplier and customer relationships internationally, with concentrated component procurement and geographic product distribution spanning the United States, China, and other international jurisdictions.
Summary of the business section of Netlist's latest annual report, written by StockData.
Company profile
Company
- Legal name
- NETLIST INC
- Headquarters
- Irvine, CA
- Address
- 111 Academy, Suite 100 92617
- Phone
- (949) 435-0025
- Employees
- 72, Dec 27, 2025
- Industry
- Semiconductors & Related Devices
- Incorporated in
- Delaware
- Fiscal year ends
- January 2
- Auditor
- Macias Gini & OConnell LLP, Irvine, California
Stock & identifiers
- Ticker
- NLST
- Exchange
- OTC
- Shares outstanding
- 350M, Aug 6, 2026
- Public float
- $189.20M, Jun 27, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company
- SEC CIK
- 1282631
- CUSIP
- 64118P109
- ISIN
- US64118P1093
- LEI
- 529900MRND8QGXGO7Y47
- EIN
- 95-4812784
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Chun K. Hong | President, CEO and Chairman, Director | 16,188,064 |
| Gail M. Sasaki | EVP and CFO | 534,594 |
| Blake Welcher | Director | 200,000 |
| Jun Cho | Director | 300,000 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Hong | $1.18M | $1.51M | $426.15K | $76 | – |
| FY2024 Mr. Hong | $1.56M | -$609.29K | $415.86K | $73 | – |
| FY2023 Mr. Hong | $2.05M | $3.45M | $583.26K | $163 | – |
| FY2022 Mr. Hong | $3.20M | -$3.63M | $952.86K | $361 | $119 |
| FY2021 Mr. Hong | $1.80M | $10.72M | $577.41K | $2024 | $147 |
| FY2020 Mr. Hong | $786.38K | $1.01M | $423.95K | $189 | $116 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 27, 2025, we had a total of 72 employees globally, of which 66 were full-time employees.”
Corporate history
Events identified from SEC filings