Weebit Nano (ASX: WBT) has upgraded its FY26 revenue guidance ahead of its full-year results, now expecting revenue of at least A$13.5 million for the 12 months ending 30 June 2026.
The revised figure, based on unaudited numbers, replaces prior guidance of at least A$12 million. Weebit attributed the increase mainly to the expansion of customer projects. The audited FY26 results are due for release on 28 August 2026.
The ReRAM tape-out milestone reached in May 2026, with two product customers committing to chip manufacturing and one prototype passing initial functional testing, provides useful context for the customer project expansion cited as the driver of the guidance upgrade.
An upgrade delivered ahead of full-year results points to positive momentum for the semiconductor memory developer, offering investors an early read on commercial traction before the audited figures land.
What’s behind the upgrade
The previous guidance was at least A$12 million and the new guidance is at least A$13.5 million.
Weebit attributed the increase mainly to the expansion of customer projects. The announcement did not name specific customers or disclose individual contract values, so no further detail on the composition of the increase is available.
Notably, the guidance is framed as an “at least” figure. This positions A$13.5 million as a floor rather than a ceiling, leaving room for the final audited result to land higher.
| Metric | Previous Guidance | Upgraded Guidance | Basis |
|---|---|---|---|
| FY26 Revenue | at least A$12M | at least A$13.5M | Unaudited |
When big ASX news breaks, our subscribers know first
Understanding Weebit’s ReRAM technology
Weebit Nano is a developer and licensor of advanced semiconductor memory technology. Its core product is Resistive RAM (ReRAM), a form of non-volatile memory (NVM), which is designed to address the growing need for higher performance and lower power memory in advanced system-on-chip (SoC) designs.
ReRAM is designed to address the growing need for higher performance and lower power memory in advanced system-on-chip (SoC) designs.
According to the company, Weebit ReRAM allows semiconductor memory elements to be significantly faster, less expensive, more reliable and more energy efficient than those using existing flash memory solutions.
The technology targets a range of end markets, including:
- AI inference
- Automotive electronics
- Industrial systems
- Analog and power ICs
- Secure devices
A further advantage cited by the company is that ReRAM is based on fab-friendly materials. This means it can be integrated with existing manufacturing flows and processes without the need for special equipment or large investments.
Why the upgrade matters for investors
The reference to “expansion of customer projects” is the most telling element of the announcement. For a licensing business, growing customer engagement acts as a leading indicator of future revenue.
Beating prior guidance ahead of results can be read as a demonstration of building commercial traction. The scale of the uplift is modest in absolute terms, but the direction of travel is upward rather than flat or lower.
The announcement does not describe any record, first, or historic milestone, and investors should treat the upgrade as an incremental positive signal rather than a step-change event.
What comes next
The key upcoming catalyst is the release of the audited FY26 full-year results on 28 August 2026. The upgraded guidance sets the baseline expectation heading into that report, with the audited figures expected to confirm whether revenue meets or exceeds the A$13.5 million floor.
The source discloses no further targets or timelines beyond the results date, so forward-looking expectations remain limited to the guidance provided.
Key dates and watch points:
- Upgraded FY26 revenue guidance: at least A$13.5M (unaudited)
- Audited FY26 results: 28 August 2026
Guidance Snapshot
Weebit Nano now expects FY26 revenue of at least A$13.5 million (unaudited), up from prior guidance of at least A$12 million, mainly attributable to the expansion of customer projects.
Don’t Miss the Next ASX Tech Winner
Big News Blast delivers FREE breaking ASX tech news directly to your inbox within minutes of release, complete with in-depth analysis. Join 20,000+ subscribers already getting the edge on market-moving announcements the moment they drop. Click the “Free Alerts” button at StockWire X to start receiving alerts today.