SONO TEK CORP

Sono-Tek Corporation filed its 10-K, detailing its business as a world leader in ultrasonic coating systems and outlining its strategic growth plans. The filing emphasized significant risk factors, including a high customer concentration, with one customer representing 28% of fiscal 2026 net sales. The company also highlighted the material adverse impact of geopolitical instability, specifically the ongoing military conflict in Iran, on supply chains, energy costs, inflation, and market volatility. Sono-Tek reported R&D spending of $2.55 million in fiscal 2026.

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.

Sono-Tek Corporation announced it will host a conference call on Thursday, May 28, 2026, at 10:30 am ET to discuss its fiscal fourth quarter and full year 2026 financial results, which ended February 28, 2026. The financial results press release will be issued before the market opens on the same day. Investors can access the call via dial-in or a simultaneous webcast, with replays available for a limited time and on the company's website.