Solitron Devices Financials
This page shows Solitron Devices (SODI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 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).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Solitron Devices has an operating margin of 7.1%, meaning the company retains $7 of operating profit per $100 of revenue. This results in a moderate score of 35/100, indicating healthy but not exceptional operating efficiency. This is down from 7.3% the prior year.
Solitron Devices's revenue grew 10.1% year-over-year to $14.0M, a solid pace of expansion. This earns a growth score of 58/100.
Solitron Devices carries a low D/E ratio of 0.22, meaning only $0.22 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 5.04, Solitron Devices holds $5.04 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
Solitron Devices's free cash flow margin of 4.0% results in a low score of 20/100. Capital expenditures of $1.8M absorb a large share of operating cash flow.
Solitron Devices generates a 4.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 18/100. This is down from 34.0% the prior year.
Solitron Devices scores 5.29, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($34.5M) relative to total liabilities ($6.6M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Solitron Devices passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Solitron Devices generates $2.94 in operating cash flow ($2.4M OCF vs $815K net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Solitron Devices earns $3.7 in operating income for every $1 of interest expense ($998K vs $272K). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Solitron Devices generated $14.0M in revenue in fiscal year 2025. This represents an increase of 10.1% from the prior year.
Solitron Devices's EBITDA was $1.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 0.8% from the prior year.
Solitron Devices generated $560K in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 64.1% from the prior year.
Solitron Devices reported $815K in net income in fiscal year 2025. This represents a decrease of 86.0% from the prior year.
Solitron Devices held $4.1M in cash against $3.9M in long-term debt as of fiscal year 2025.
Solitron Devices had 2M shares outstanding in fiscal year 2025. This represents a decrease of 0.0% from the prior year.
Solitron Devices's gross margin was 28.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.4 percentage points from the prior year.
Solitron Devices's operating margin was 7.1% in fiscal year 2025, reflecting core business profitability. This is down 0.2 percentage points from the prior year.
Solitron Devices's net profit margin was 5.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 39.7 percentage points from the prior year.
Solitron Devices's ROE was 4.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 29.4 percentage points from the prior year.
Solitron Devices invested $1.8M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 417.7% from the prior year.
SODI Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.0M+26.0% | $4.0M+47.6% | $2.7M-19.9% | $3.4M-5.9% | $3.6M-9.7% | $4.0M-4.1% | $4.1M+60.4% | $2.6M |
| Cost of Revenue | $3.3M+4.7% | $3.2M+36.4% | $2.3M-2.4% | $2.4M-16.7% | $2.8M+24.0% | $2.3M-25.1% | $3.1M+81.9% | $1.7M |
| Gross Profit | $1.7M+106.3% | $835K+114.1% | $390K-61.0% | $1.0M+35.6% | $738K-55.9% | $1.7M+55.5% | $1.1M+20.1% | $897K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $794K-29.5% | $1.1M+46.6% | $768K+13.8% | $675K-1.9% | $688K-22.1% | $883K+2.8% | $859K+39.9% | $614K |
| Operating Income | $929K+419.2% | -$291K+23.0% | -$378K-216.0% | $326K+552.0% | $50K-93.7% | $792K+263.3% | $218K-23.0% | $283K |
| Interest Expense | $65K-1.5% | $66K-10.8% | $74K+10.4% | $67K-13.0% | $77K+54.0% | $50K-9.1% | $55K+111.5% | $26K |
| Income Tax | $241K+380.2% | -$86K+28.9% | -$121K-226.0% | $96K+1500.0% | $6K-97.2% | $212K | $0 | $0 |
| Net Income | $653K+379.1% | -$234K+30.4% | -$336K-226.3% | $266K+1464.7% | $17K-97.1% | $589K+584.9% | $86K-57.0% | $200K |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
SODI Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $25.7M+4.4% | $24.6M+2.5% | $24.0M-1.7% | $24.4M-2.0% | $24.9M+0.5% | $24.8M+27.2% | $19.5M+26.5% | $15.4M |
| Current Assets | $11.0M+15.9% | $9.5M+7.7% | $8.8M-19.2% | $10.9M-3.0% | $11.2M+2.7% | $10.9M+9.8% | $9.9M+21.9% | $8.2M |
| Cash & Equivalents | $3.6M+26.4% | $2.9M+10.9% | $2.6M-31.0% | $3.7M+12.8% | $3.3M+37.4% | $2.4M+25.9% | $1.9M+73.9% | $1.1M |
| Inventory | $3.6M+10.4% | $3.3M-8.2% | $3.6M-10.2% | $4.0M-5.3% | $4.2M-6.0% | $4.5M+2.5% | $4.4M+111.2% | $2.1M |
| Accounts Receivable | $3.2M+31.3% | $2.4M+38.7% | $1.8M-2.4% | $1.8M-18.4% | $2.2M-11.8% | $2.5M-8.7% | $2.7M+186.6% | $952K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $6.7M-4.4% | $7.0M+8.8% | $6.4M-0.3% | $6.5M-10.6% | $7.2M+1.6% | $7.1M-12.2% | $8.1M+97.5% | $4.1M |
| Current Liabilities | $3.0M-0.5% | $3.1M+24.5% | $2.5M+23.5% | $2.0M-26.8% | $2.7M+6.0% | $2.6M-43.3% | $4.5M+201.0% | $1.5M |
| Long-Term Debt | $3.8M-1.0% | $3.8M-1.0% | $3.9M-1.9% | $4.0M | N/A | $2.6M | N/A | $2.6M |
| Total Equity | $19.0M+7.9% | $17.6M+0.2% | $17.5M-2.2% | $17.9M+1.5% | $17.7M+0.1% | $17.7M+55.1% | $11.4M+0.8% | $11.3M |
| Retained Earnings | $17.5M+3.9% | $16.9M-1.4% | $17.1M-2.2% | $17.5M+1.5% | $17.2M+0.1% | $17.2M+57.4% | $10.9M+0.8% | $10.9M |
SODI Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$152K-139.4% | $386K-1.3% | $391K-23.5% | $511K-38.8% | $835K+16.9% | $714K+83.1% | $390K-60.0% | $975K |
| Capital Expenditures | $21K-47.5% | $40K+5.3% | $38K+46.2% | $26K+116.7% | $12K-99.3% | $1.8M+2816.7% | $60K-33.3% | $90K |
| Free Cash Flow | -$173K-150.0% | $346K-2.0% | $353K-27.2% | $485K-41.1% | $823K+179.4% | -$1.0M-413.9% | $330K-62.7% | $885K |
| Investing Cash Flow | $217K+5525.0% | -$4K+99.8% | -$1.9M-3387.0% | -$54K-155.7% | $97K+105.2% | -$1.9M+27.0% | -$2.6M-264.1% | $1.6M |
| Financing Cash Flow | $687K+773.5% | -$102K-175.7% | -$37K-12.1% | -$33K0.0% | -$33K-102.5% | $1.3M+5051.9% | -$27K0.0% | -$27K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $0 | N/A | N/A | -$35K | N/A | N/A | N/A | N/A |
SODI Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 34.3%+13.4pp | 20.9%+6.5pp | 14.4%-15.3pp | 29.7%+9.1pp | 20.6%-21.6pp | 42.2%+16.2pp | 26.0%-8.7pp | 34.8% |
| Operating Margin | 18.5%+25.8pp | -7.3%+6.7pp | -14.0%-23.7pp | 9.7%+8.3pp | 1.4%-18.6pp | 20.0%+14.7pp | 5.3%-5.7pp | 11.0% |
| Net Margin | 13.0%+18.9pp | -5.9%+6.6pp | -12.4%-20.3pp | 7.9%+7.4pp | 0.5%-14.4pp | 14.8%+12.8pp | 2.1%-5.7pp | 7.8% |
| Return on Equity | 3.4% | N/A | N/A | 1.5%+1.4pp | 0.1%-3.2pp | 3.3%+2.6pp | 0.8%-1.0pp | 1.8% |
| Return on Assets | 2.5%+3.5pp | -0.9%+0.5pp | -1.4%-2.5pp | 1.1%+1.0pp | 0.1%-2.3pp | 2.4%+1.9pp | 0.4%-0.9pp | 1.3% |
| Current Ratio | 3.59+0.5 | 3.08-0.5 | 3.57-1.9 | 5.46+1.3 | 4.12-0.1 | 4.25+2.1 | 2.20-3.2 | 5.42 |
| Debt-to-Equity | 0.20-0.0 | 0.220.0 | 0.220.0 | 0.22-0.2 | 0.410.0 | 0.40-0.3 | 0.71+0.5 | 0.23 |
| FCF Margin | -3.4%-12.1pp | 8.7%-4.4pp | 13.1%-1.3pp | 14.4%-8.6pp | 23.0%+49.1pp | -26.1%-34.1pp | 8.0%-26.3pp | 34.3% |
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Frequently Asked Questions
What is Solitron Devices's annual revenue?
Solitron Devices (SODI) reported $14.0M in total revenue for fiscal year 2025. This represents a 10.1% 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 Solitron Devices's revenue growing?
Solitron Devices (SODI) revenue grew by 10.1% year-over-year, from $12.8M to $14.0M in fiscal year 2025.
Is Solitron Devices profitable?
Yes, Solitron Devices (SODI) reported a net income of $815K in fiscal year 2025, with a net profit margin of 5.8%.
What is Solitron Devices's EBITDA?
Solitron Devices (SODI) had EBITDA of $1.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Solitron Devices have?
As of fiscal year 2025, Solitron Devices (SODI) had $4.1M in cash and equivalents against $3.9M in long-term debt.
What is Solitron Devices's gross margin?
Solitron Devices (SODI) had a gross margin of 28.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Solitron Devices's operating margin?
Solitron Devices (SODI) had an operating margin of 7.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Solitron Devices's net profit margin?
Solitron Devices (SODI) had a net profit margin of 5.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Solitron Devices's return on equity (ROE)?
Solitron Devices (SODI) has a return on equity of 4.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Solitron Devices's free cash flow?
Solitron Devices (SODI) generated $560K in free cash flow during fiscal year 2025. This represents a -64.1% 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 Solitron Devices's operating cash flow?
Solitron Devices (SODI) generated $2.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Solitron Devices's total assets?
Solitron Devices (SODI) had $24.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Solitron Devices's capital expenditures?
Solitron Devices (SODI) invested $1.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How many shares does Solitron Devices have outstanding?
Solitron Devices (SODI) had 2M shares outstanding as of fiscal year 2025.
What is Solitron Devices's current ratio?
Solitron Devices (SODI) had a current ratio of 5.04 as of fiscal year 2025, which is generally considered healthy.
What is Solitron Devices's debt-to-equity ratio?
Solitron Devices (SODI) had a debt-to-equity ratio of 0.22 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Solitron Devices's return on assets (ROA)?
Solitron Devices (SODI) had a return on assets of 3.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Solitron Devices's Altman Z-Score?
Solitron Devices (SODI) has an Altman Z-Score of 5.29, 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 Solitron Devices's Piotroski F-Score?
Solitron Devices (SODI) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Solitron Devices's earnings high quality?
Solitron Devices (SODI) has an earnings quality ratio of 2.94x, 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 Solitron Devices cover its interest payments?
Solitron Devices (SODI) has an interest coverage ratio of 3.7x, meaning it can adequately 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 Solitron Devices?
Solitron Devices (SODI) scores 55 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.