Quarterly ResultMay 28, 2026, 07:11 AM
Sono-Tek FY26 Net Income +42% to $1.8M; Revenue $20.9M
AI Summary
Sono-Tek Corporation reported strong financial results for fiscal year 2026, with net income increasing 42% to $1.8 million and revenue reaching $20.9 million, marking the second consecutive year over $20 million. Gross margin expanded to 51%, and operating income grew 81%. The company also reported robust fourth-quarter performance and a strong backlog of $9.1 million, anticipating continued revenue growth in the first half of fiscal year 2027, though full-year FY27 revenue is projected to be relatively flat to modestly higher.
Key Highlights
- FY26 Net Income increased 42% to $1.8 million.
- FY26 Net Sales grew 2% to $20.9 million, marking the second consecutive year over $20 million.
- FY26 Gross Margin expanded to 51% from 47.5%, with Gross Profit up 8% to $10.56 million.
- FY26 Operating Income surged 81% to $1.82 million.
- Q4 FY26 Net Sales increased 10% to $5.6 million; Net Income rose 70% to $557,043.
- Backlog remained strong at $9.12 million, up 5% year-over-year.
- Medical sector sales increased 54% and Electronics sales rose 16% in FY26.
- Anticipates continued revenue growth in 1H FY27; full-year FY27 revenue projected flat to modestly higher.
Price Impact
More from SOTK