M-tron Industries, Inc. (MPTI) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MPTI SEC filings page.
M-tron Industries, Inc. (MPTI) reported $58.2M in revenue over the twelve months to Jun 30, 2026, up 11.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
M-tron has become more profitable and cash-generative while expanding its balance sheet without relying heavily on liabilities.
In FY2025, operating cash flow reached$10.7M versus$8.4M of net income, indicating that reported profits were translating into cash rather than being absorbed by working capital. Free cash flow margin widened from11.5% in FY2024 to14.9% in FY2025, showing that reinvestment consumed a smaller share of sales even as capital spending increased.
Operating margin held near
Total assets expanded from
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of M-tron Industries, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
M-tron Industries, Inc. has an operating margin of 18.9%, meaning the company retains $19 of operating profit per $100 of revenue. This strong profitability earns a score of 76/100, reflecting efficient cost management and pricing power. This is down from 19.2% the prior year.
M-tron Industries, Inc.'s revenue grew 11.0% year-over-year to $54.4M, a solid pace of expansion. This earns a growth score of 75/100.
M-tron Industries, Inc. carries a low D/E ratio of 0.08, meaning only $0.08 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 82/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 12.52, M-tron Industries, Inc. holds $12.52 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 98/100.
M-tron Industries, Inc. converts 14.9% of revenue into free cash flow ($8.1M). This strong cash generation earns a score of 72/100.
M-tron Industries, Inc. earns a strong 13.4% return on equity (ROE), meaning it generates $13 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 84/100. This is down from 24.4% the prior year.
M-tron Industries, Inc. scores 38.33, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($307.0M) relative to total liabilities ($5.2M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
M-tron Industries, Inc. passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, M-tron Industries, Inc. generates $1.26 in operating cash flow ($10.7M OCF vs $8.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
M-tron Industries, Inc. earns $19.09 in operating income for every $1 of interest expense ($10.3M vs $539K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
M-tron Industries, Inc. generated $15.1M in revenue in Q2 2026. This represents an increase of 13.8% from the same quarter a year earlier. Against the prior quarter it is up 2.9%.
M-tron Industries, Inc.'s EBITDA was $2.0M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 4.0% from the same quarter a year earlier. Against the prior quarter it is down 30.3%.
M-tron Industries, Inc. reported $1.9M in net income in Q2 2026. This represents an increase of 19.9% from the same quarter a year earlier. Against the prior quarter it is down 21.7%.
M-tron Industries, Inc. earned $0.43 per diluted share (EPS) in Q2 2026. This represents a decrease of 18.9% from the same quarter a year earlier. Against the prior quarter it is down 35.8%.
Cash & Balance Sheet
M-tron Industries, Inc. generated $2.8M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 35.4% from the same quarter a year earlier. Against the prior quarter it is up 66.1%.
M-tron Industries, Inc. held $96.2M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
M-tron Industries, Inc.'s operating margin was 11.4% in Q2 2026, reflecting core business profitability. This is down 2.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 6.4 percentage points.
M-tron Industries, Inc.'s net profit margin was 12.4% in Q2 2026, showing the share of revenue converted to profit. This is up 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.9 percentage points.
M-tron Industries, Inc.'s ROE was 1.6% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 2.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.7 percentage points.
Not reported for Q2 2026.
Capital Allocation
M-tron Industries, Inc. invested $1.1M in research and development in Q2 2026. This represents an increase of 34.8% from the same quarter a year earlier. Against the prior quarter it is up 24.5%.
M-tron Industries, Inc. invested $937K in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 15.4% from the same quarter a year earlier. Against the prior quarter it is up 107.3%.
Not reported for Q2 2026.
MPTI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $15.1M+13.8% | $14.7M+15.3% | $14.2M+11.2% | $14.2M+7.2% | $13.3M+12.5% | $12.7M+13.8% | $12.8M+18.9% | $13.2M+21.4% |
| R&D Expenses | $1.1M+34.8% | $849K+17.6% | N/A | $792K+10.9% | $784K+15.0% | $722K+14.1% | N/A | $714K+26.1% |
| Operating Income | $1.7M-6.8% | $2.6M+29.7% | $3.9M+50.7% | $2.5M-12.7% | $1.8M-12.5% | $2.0M+12.5% | $2.6M+4395.0% | $2.9M+43.7% |
| EBITDA | $2.0M-4.0% | $2.9M+28.7% | $4.2M+47.5% | $2.8M-11.5% | $2.1M-9.2% | $2.3M+12.4% | $2.8M+1534.7% | $3.2M+42.9% |
| Interest Expense | $690K+456.5% | $370K+233.3% | $161K+54.8% | $143K+127.0% | $124K+181.8% | $111K+246.9% | $104K+700.0% | $63K+6200.0% |
| Income Tax | $573K+31.7% | $470K-2.9% | $657K+6.1% | $931K+25.6% | $435K+8.2% | $484K+28.4% | $619K+3195.0% | $741K+61.1% |
| Net Income | $1.9M+19.9% | $2.4M+46.5% | $3.4M+60.1% | $1.8M-19.2% | $1.6M-10.6% | $1.6M+9.7% | $2.1M+2830.1% | $2.3M+42.9% |
| EPS (Basic) | $0.46-16.4% | $0.68+19.3% | $1.16+52.6% | $0.64-22.0% | $0.55-14.1% | $0.57+3.6% | $0.76+2433.3% | $0.82+39.0% |
| EPS (Diluted) | $0.43-18.9% | $0.67+19.6% | $0.99+35.6% | $0.63-22.2% | $0.53-15.9% | $0.56+5.7% | $0.73+2333.3% | $0.81+42.1% |
| Diluted Shares (Avg) | 4M+47.9% | 4M+22.9% | 3M+17.8% | 3M+4.1% | 3M+5.6% | 3M+4.4% | 3M+5.5% | 3M+1.5% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, SG&A Expenses.
MPTI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $125.9M+217.3% | $79.3M+110.0% | $68.4M+87.0% | $42.2M+34.0% | $39.7M+39.8% | $37.8M+41.0% | $36.6M+50.4% | $31.5M+44.7% |
| Current Assets | $117.9M+270.9% | $71.9M+136.3% | $61.2M+105.8% | $34.9M+41.6% | $31.8M+46.7% | $30.4M+46.9% | $29.8M+63.6% | $24.7M+45.3% |
| Cash & Equivalents | $96.2M+519.8% | $52.0M+280.3% | $20.9M+65.3% | $18.3M+115.9% | $15.5M+138.9% | $13.7M+152.3% | $12.6M+223.1% | $8.5M+232.7% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $10.9M+19.4% | $10.3M+10.5% | $9.7M+1.7% | $9.3M-2.9% | $9.1M-2.4% | $9.4M+2.2% | $9.5M+7.0% | $9.6M+6.6% |
| Accounts Receivable | $8.2M+31.3% | $8.1M+20.2% | $6.7M-2.7% | $6.2M+2.8% | $6.3M+20.9% | $6.7M+20.1% | $6.8M+42.5% | $6.1M+20.4% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $40K |
| Total Liabilities | $7.2M+48.0% | $6.2M+35.3% | $5.2M-2.3% | $5.2M-1.4% | $4.9M+3.3% | $4.6M-8.9% | $5.3M+19.9% | $5.3M+31.3% |
| Current Liabilities | $7.1M+51.2% | $6.1M+33.7% | $4.9M-6.2% | $5.1M-4.3% | $4.7M-0.5% | $4.6M-9.6% | $5.2M+19.0% | $5.3M+32.4% |
| Non-Current Liabilities | $132K-30.5% | $128K+212.2% | $277K+284.7% | $159K+1666.7% | $190K+2011.1% | $41K+310.0% | $72K+176.9% | $9K-77.5% |
| Total Equity | $118.7M+241.0% | $73.1M+120.4% | $63.2M+102.1% | $37.0M+41.2% | $34.8M+47.1% | $33.2M+52.7% | $31.3M+57.2% | $26.2M+47.7% |
| Retained Earnings | $24.0M+65.5% | $22.2M+71.0% | $19.8M+74.5% | $16.4M+77.9% | $14.5M+109.6% | $13.0M+150.0% | $11.3M+206.3% | $9.2M+153.5% |
Not reported in any period shown, so not listed: Long-Term Debt.
MPTI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $3.7M+29.7% | $2.1M+31.8% | $2.7M+47.7% | $3.5M+56.2% | $2.9M+45.7% | $1.6M+7.4% | $1.8M-14.9% | $2.3M+50.7% |
| Depreciation & Amortization | $311K+15.2% | $302K+20.8% | $286K+13.9% | $280K+0.7% | $270K+22.7% | $250K+11.6% | $251K+7.7% | $278K+35.6% |
| Stock-Based Compensation | $1.3M+380.9% | $382K+53.4% | N/A | $276K+258.4% | $278K+38.3% | $249K+20.3% | N/A | $77K |
| Capital Expenditures | $937K+15.4% | $452K-22.9% | $346K-18.6% | $807K+68.8% | $812K-7.0% | $586K+380.3% | $425K-40.6% | $478K+81.7% |
| Free Cash Flow | $2.8M+35.4% | $1.7M+63.2% | $2.3M+68.0% | $2.7M+52.8% | $2.0M+87.9% | $1.0M-25.7% | $1.4M-1.9% | $1.8M+44.0% |
| Investing Cash Flow | -$1.9M-130.8% | -$452K+22.9% | -$346K+18.6% | -$807K-68.8% | -$812K+7.0% | -$586K-380.3% | -$425K+40.6% | -$478K-81.7% |
| Financing Cash Flow | $42.5M+24223.3% | $29.4M | $228K-91.7% | $90K-58.3% | -$176K | $0-100.0% | $2.8M+5121.8% | $216K |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
MPTI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-K | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 11.4%-2.5pp | 17.8%+2.0pp | 27.3%+7.2pp | 18.0%-4.1pp | 13.9%-4.0pp | 15.8%-0.2pp | 20.1%+20.7pp | 22.1%+3.4pp |
| Net Margin | 12.4%+0.6pp | 16.3%+3.5pp | 24.1%+7.4pp | 12.9%-4.2pp | 11.8%-3.0pp | 12.8%-0.5pp | 16.7%+16.0pp | 17.2%+2.6pp |
| Return on Equity | 1.6%-2.9pp | 3.3%-1.7pp | 5.4%-1.4pp | 5.0%-3.7pp | 4.5%-2.9pp | 4.9%-1.9pp | 6.8%+6.5pp | 8.6%-0.3pp |
| Return on Assets | 1.5%-2.5pp | 3.0%-1.3pp | 5.0%-0.8pp | 4.3%-2.9pp | 3.9%-2.2pp | 4.3%-1.2pp | 5.9%+5.5pp | 7.2%-0.1pp |
| Current Ratio | 16.63+9.9x | 11.76+5.1x | 12.52+6.8x | 6.90+2.2x | 6.78+2.2x | 6.66+2.6x | 5.70+1.6x | 4.66+0.4x |
| Debt-to-Equity | 0.06-0.1x | 0.09-0.1x | 0.08-0.1x | 0.14-0.1x | 0.14-0.1x | 0.14-0.1x | 0.17-0.1x | 0.200.0x |
| Asset Turnover | 0.12-0.2x | 0.19-0.2x | 0.21-0.1x | 0.34-0.1x | 0.33-0.1x | 0.34-0.1x | 0.35-0.1x | 0.42-0.1x |
| FCF Margin | 18.3%+2.9pp | 11.3%+3.3pp | 16.4%+5.6pp | 19.1%+5.7pp | 15.4%+6.2pp | 8.0%-4.3pp | 10.8%-2.3pp | 13.4%+2.1pp |
Not reported in any period shown, so not listed: Gross Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| M-tron Industries, Inc. MPTI | FY2025 | $54.4M | $8.4M | 15.5% | $307.0M | 81/100 |
| Richardson Electronics Ltd RELL | FY2026 | $228.6M | $6.4M | 2.8% | $309.3M | 53/100 |
| KULR Technology Group, Inc. KULR | FY2025 | $16.2M | -$61.9M | N/A | $113.8M | 50/100 |
| Gauzy Ltd. GAUZ | FY2024 | $103.5M | -$53.2M | -51.4% | $5.4M | 38/100 |
| Lightpath Technologies Inc LPTH | FY2026 | $71.7M | -$20.5M | -28.6% | $680.8M | 47/100 |
| Interlink Electronics, Inc. LINK | FY2025 | $11.9M | -$1.6M | -13.6% | $78.0M | 51/100 |
Where M-tron Industries, Inc. Ranks
Frequently Asked Questions
What is M-tron Industries, Inc.'s annual revenue?
M-tron Industries, Inc. (MPTI) reported $54.4M in total revenue for fiscal year 2025. This represents a 11.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is M-tron Industries, Inc.'s revenue growing?
M-tron Industries, Inc. (MPTI) revenue grew by 11.0% year-over-year, from $49.0M to $54.4M in fiscal year 2025.
Is M-tron Industries, Inc. profitable?
Yes, M-tron Industries, Inc. (MPTI) reported a net income of $8.4M in fiscal year 2025, with a net profit margin of 15.5%.
What is M-tron Industries, Inc.'s EBITDA?
M-tron Industries, Inc. (MPTI) had EBITDA of $11.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is M-tron Industries, Inc.'s operating margin?
M-tron Industries, Inc. (MPTI) had an operating margin of 18.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is M-tron Industries, Inc.'s net profit margin?
M-tron Industries, Inc. (MPTI) had a net profit margin of 15.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is M-tron Industries, Inc.'s return on equity (ROE)?
M-tron Industries, Inc. (MPTI) has a return on equity of 13.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is M-tron Industries, Inc.'s free cash flow?
M-tron Industries, Inc. (MPTI) generated $8.1M in free cash flow during fiscal year 2025. This represents a 44.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is M-tron Industries, Inc.'s operating cash flow?
M-tron Industries, Inc. (MPTI) generated $10.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are M-tron Industries, Inc.'s total assets?
M-tron Industries, Inc. (MPTI) had $68.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What are M-tron Industries, Inc.'s capital expenditures?
M-tron Industries, Inc. (MPTI) invested $2.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does M-tron Industries, Inc. spend on research and development?
M-tron Industries, Inc. (MPTI) invested $3.2M in research and development during fiscal year 2025.
What is M-tron Industries, Inc.'s current ratio?
M-tron Industries, Inc. (MPTI) had a current ratio of 12.52 as of fiscal year 2025, which is generally considered healthy.
What is M-tron Industries, Inc.'s debt-to-equity ratio?
M-tron Industries, Inc. (MPTI) had a debt-to-equity ratio of 0.08 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is M-tron Industries, Inc.'s return on assets (ROA)?
M-tron Industries, Inc. (MPTI) had a return on assets of 12.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is M-tron Industries, Inc.'s P/E ratio?
M-tron Industries, Inc. (MPTI) trades at 32.3x earnings, its market capitalization divided by net income of $9.5M net income, trailing 12 months to June 30, 2026. The market capitalization is $307.0M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is M-tron Industries, Inc.'s price-to-sales ratio?
M-tron Industries, Inc. (MPTI) trades at 5.3x sales, its market capitalization divided by revenue of $58.2M revenue, trailing 12 months to June 30, 2026. The market capitalization is $307.0M as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is M-tron Industries, Inc.'s Altman Z-Score?
M-tron Industries, Inc. (MPTI) has an Altman Z-Score of 38.33, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is M-tron Industries, Inc.'s Piotroski F-Score?
M-tron Industries, Inc. (MPTI) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are M-tron Industries, Inc.'s earnings high quality?
M-tron Industries, Inc. (MPTI) has an earnings quality ratio of 1.26x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can M-tron Industries, Inc. cover its interest payments?
M-tron Industries, Inc. (MPTI) has an interest coverage ratio of 19.09x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is M-tron Industries, Inc.?
M-tron Industries, Inc. (MPTI) scores 81 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.