Electro-Sensors, Inc. Announces Third Quarter 2025 Financial Results
Rhea-AI Summary
Electro-Sensors (NASDAQ: ELSE) reported third quarter 2025 results for the period ended September 30, 2025. Record quarterly revenue of $2,748,000 represented an increase from $2,512,000 a year earlier. Gross margin rose to 53.1%, up 270 basis points versus Q3 2024. Net income was $208,000 and diluted EPS was $0.06 for the quarter. Cash and investments totaled approximately $10.6 million. The company cited stronger industrial automation distribution and higher OEM sales as drivers.
Detailed financial tables and nine-month results are included in the release.
Positive
- Record quarterly revenue of $2.748M
- Gross margin improved 270 bps to 53.1%
Negative
- Quarterly net income decreased to $208K (from $238K)
- Diluted EPS declined 14.3% to $0.06
News Market Reaction
On the day this news was published, ELSE declined 4.05%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
-
Record quarterly revenue of
$2,748,000 9.4% from the prior-year period -
Gross margin of
53.1% -
Cash and investments of approximately
$10.6 million
Selected Financial Information (unaudited, in thousands, except per share data)
|
|
Q3 2025 |
Q3 2024 |
Change |
||||||
|
Net Sales |
|
$ |
2,748 |
|
$ |
2,512 |
|
9.4 |
% |
|
Gross Margin |
|
|
53.1 |
% |
|
50.4 |
% |
270 |
bps |
|
Operating Income |
|
$ |
181 |
|
$ |
173 |
|
4.6 |
% |
|
Operating Income Margin |
|
|
6.6 |
% |
|
6.9 |
% |
(30) |
bps |
|
Income Before Income Taxes |
|
$ |
272 |
|
$ |
290 |
|
(6.2) |
% |
|
Earnings Per Share (diluted) |
|
$ |
0.06 |
|
$ |
0.07 |
|
(14.3) |
% |
Net sales in the third quarter increased
"We are pleased to report record quarterly revenue during the 2025 third quarter, driven by improved sales through our industrial automation distribution channels and higher OEM sales," said David L. Klenk, Electro-Sensors' president. "Furthermore, gross margin increased during the quarter as we continue to carefully manage our supply chain, while also benefiting from sales price adjustments implemented earlier in the year."
A full analysis of results for the period ended September 30, 2025 is available in the Company's Form 10-Q, which is available on the Company's website at www.electro-sensors.com or through the Securities and Exchange Commission's Edgar database at www.sec.gov.
|
Electro-Sensors, Inc. Statements of Income For the Three and Nine Months Ended September 30, 2025 and 2024 (unaudited) (in thousands except share and per share amounts)
|
||||||
|
|
Three Months Ended September 30, |
|||||
|
|
2025 |
|
2024 |
|
||
|
Sales |
$ |
2,748 |
|
$ |
2,512 |
|
|
Cost of goods sold |
|
1,290 |
|
|
1,247 |
|
|
Gross profit |
|
1,458 |
|
|
1,265 |
|
|
|
|
|
|
|
|
|
|
Operating expenses |
|
1,277 |
|
|
1,092 |
|
|
|
|
|
|
|
|
|
|
Operating income |
|
181 |
|
|
173 |
|
|
|
|
|
|
|
|
|
|
Non-operating income, net |
|
91 |
|
|
117 |
|
|
|
|
|
|
|
|
|
|
Income before income taxes |
|
272 |
|
|
290 |
|
|
|
|
|
|
|
|
|
|
Provision for income taxes |
|
64 |
|
|
52 |
|
|
|
|
|
|
|
|
|
|
Net income |
$ |
208 |
|
$ |
238 |
|
|
|
|
|
|
|
|
|
|
Earnings per share – diluted |
$ |
0.06 |
|
$ |
0.07 |
|
|
Average shares outstanding - diluted |
|
3,473,921 |
|
|
3,434,417 |
|
|
|
Nine Months Ended September 30, |
|||||
|
|
2025 |
|
2024 |
|
||
|
Sales |
$ |
7,387 |
|
$ |
6,973 |
|
|
Cost of goods sold |
|
3,617 |
|
|
3,581 |
|
|
Gross profit |
|
3,770 |
|
|
3,392 |
|
|
|
|
|
|
|
|
|
|
Operating expenses |
|
3,760 |
|
|
3,426 |
|
|
|
|
|
|
|
|
|
|
Operating income (loss) |
|
10 |
|
|
(34) |
|
|
|
|
|
|
|
|
|
|
Non-operating income, net |
|
261 |
|
|
342 |
|
|
|
|
|
|
|
|
|
|
Income before income taxes |
|
271 |
|
|
308 |
|
|
|
|
|
|
|
|
|
|
Provision for income taxes |
|
68 |
|
|
63 |
|
|
|
|
|
|
|
|
|
|
Net income |
$ |
203 |
|
$ |
245 |
|
|
|
|
|
|
|
|
|
|
Earnings per share – diluted |
$ |
0.06 |
|
$ |
0.07 |
|
|
Average shares outstanding - diluted |
|
3,453,585 |
|
|
3,440,382 |
|
|
Electro-Sensors, Inc. Balance Sheets September 30, 2025 and December 31, 2024 (in thousands)
|
||||||
|
|
September 30, |
|
December 31, |
|
||
|
|
2025 |
|
2024 |
|
||
|
Assets |
(unaudited) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Assets |
|
|
|
|
|
|
|
Cash and investments |
$ |
10,627 |
|
$ |
10,004 |
|
|
Trade receivables, net |
|
1,425 |
|
|
1,309 |
|
|
Inventories |
|
2,070 |
|
|
1,964 |
|
|
Other current assets |
|
318 |
|
|
197 |
|
|
Total current assets |
|
14,440 |
|
|
13,474 |
|
|
|
|
|
|
|
|
|
|
Deferred income tax asset, long-term |
|
437 |
|
|
501 |
|
|
Property and equipment, net |
|
860 |
|
|
910 |
|
|
Total assets |
$ |
15,737 |
|
$ |
14,885 |
|
|
|
|
|
|
|
|
|
|
Liabilities and Stockholders' Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current Liabilities |
|
|
|
|
|
|
|
Accounts payable and accrued expenses |
$ |
1,049 |
|
$ |
552 |
|
|
Total current liabilities |
|
1,049 |
|
|
552 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stockholders' equity |
|
|
|
|
|
|
|
Common stock |
|
348 |
|
|
344 |
|
|
Additional paid-in capital |
|
2,508 |
|
|
2,360 |
|
|
Retained earnings |
|
11,832 |
|
|
11,629 |
|
|
Total stockholders' equity |
|
14,688 |
|
|
14,333 |
|
|
|
|
|
|
|
|
|
|
Total liabilities and stockholders' equity |
$ |
15,737 |
|
$ |
14,885 |
|
About Electro-Sensors
Electro-Sensors, Inc. is an industry leading designer and manufacturer of rugged and reliable machine monitoring sensors and wireless/wired hazard monitoring systems applied across multiple industries and applications. These products improve processes by protecting people, safeguarding systems, reducing downtime, and preventing waste. Electro-Sensors is proud to be an ISO9001:2015 quality certified company and is committed to providing excellent customer service and technical support. Founded in 1968 and located in
Cautionary Statement Regarding Forward Looking Statements
This press release may include statements about possible or anticipated future financial performance, business activities, plans, or opportunities. These forward-looking statements may include the words "will," "should," "believes," "expects," "anticipates," "intends" or similar expressions. For these forward-looking statements, the Company claims the protection of the safe harbor for forward-looking statements contained in federal securities laws. Forward-looking statements reflect the company's current views with respect to future events and financial performance and include any statement that does not directly relate to a current or historical fact. These forward-looking statements are subject to a number of factors, risks and uncertainties, including those disclosed in our periodic filings with the SEC that could cause actual performance, activities, plans, or opportunities after the date the statements are made to differ significantly from those indicated in the forward-looking statements.
For more information please visit our website at: www.electro-sensors.com. Also look us up on:
LinkedIn: linkedin.com/company/electro-sensors-inc-
X: x.com/ESIsensors
Facebook: facebook.com/ElectroSensors
View original content:https://www.prnewswire.com/news-releases/electro-sensors-inc-announces-third-quarter-2025-financial-results-302614989.html
SOURCE Electro-Sensors, Inc.
FAQ
What were Electro-Sensors (ELSE) Q3 2025 net sales and how do they compare year-over-year?
How did Electro-Sensors (ELSE) gross margin change in Q3 2025?
What were Electro-Sensors (ELSE) earnings and diluted EPS for Q3 2025?
How much cash and investments did Electro-Sensors (ELSE) report at September 30, 2025?
What drove Electro-Sensors (ELSE) record revenue in Q3 2025?
