Espey Mfg & Elec Stock Price, News & Analysis

Espey Mfg. & Electronics Corp (NYSE American: ESP) reported first-quarter fiscal 2026 results for the three months ended September 30, 2025. Net sales were $9,092,876 versus $10,443,218 a year earlier. Net income rose to $2,169,836, or $0.80 basic and $0.76 diluted, compared with $1,598,317, or $0.63 basic and $0.61 diluted, in FY2025 Q1. Backlog increased to approximately $141.1 million from $94.6 million a year earlier. New orders were about $10.5 million versus $7.8 million in the prior-year quarter.

The company cited shipment timing for the year-over-year sales decline and said operational actions improved gross profit and net income.

Espey Mfg. & Electronics (NYSE: ESP) announced that full-scale production and testing are now underway at its new Magnetics Center of Excellence, following construction completion in April 2025.

The 24,000-square-foot expansion was funded in part by a $7.4 million U.S. Navy grant awarded in fiscal 2023 under the Surface Combatant Industrial Base Development Initiative and increases the company’s MIL-STD testing capacity and testing power to support scalable growth in military and industrial magnetics.

Espey Mfg. & Electronics Corp. (NYSE American: ESP) reported strong financial results for Q4 and fiscal year 2025. Annual net sales reached $43.95 million, up from $38.74 million in FY2024, while net income increased to $8.14 million ($3.02 per diluted share) from $5.81 million ($2.29 per diluted share).

The company's backlog grew significantly to $139.7 million from $97.2 million year-over-year, while new orders surged to $86.4 million from $52.4 million. Q4 net sales were $9.60 million with net income of $2.93 million ($1.05 per diluted share), compared to Q4 2024's $11.61 million in sales and $1.89 million in net income ($0.73 per diluted share).

Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has announced a combined dividend distribution, featuring a special cash dividend of $0.75 per share alongside its regular quarterly dividend of $0.25 per share. Both dividends will be paid on September 26, 2025, to shareholders of record as of September 19, 2025.

The company, which specializes in developing and manufacturing military and industrial power supplies and transformers, is maintaining its commitment to shareholder returns through this dividend distribution.

Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) has announced a regular quarterly dividend of $0.25 per share, payable on June 23, 2025, to shareholders of record as of June 16, 2025. The company specializes in developing and manufacturing specialized military and industrial power supplies and transformers. This dividend declaration demonstrates the company's commitment to providing regular returns to its shareholders while maintaining its focus on specialized electrical equipment manufacturing for military and industrial applications.

Espey Mfg. & Electronics Corp. (NYSE American: ESP) reported strong financial results for Q3 FY2025. Net sales reached $10.3 million in Q3, up from $8.3 million in the same quarter last year, while net income grew to $1.7 million ($0.63 per share) from $1.0 million ($0.40 per share).

For the first nine months of FY2025, net sales increased to $34.4 million from $27.1 million, with net income rising to $5.2 million ($1.95 per share) from $3.9 million ($1.56 per share). The company's backlog significantly expanded to $138 million from $84.2 million year-over-year, supported by $75.1 million in new orders, including a notable $19.8 million contract.

Espey Mfg. & Electronics Corp. (NYSE American: ESP) has secured an additional $19.8 million contract to manufacture electrical power transformers for the U.S. Navy's Virginia and Columbia class submarines. The contract, awarded by General Dynamics Electric Boat and the U.S. Navy, involves components previously designed and supplied by Espey for both submarine classes.

The Columbia class submarine program, a top priority for the Department of Defense, aims to replace the existing Ohio class ballistic missile submarines. The company's primary business focuses on developing specialized military and industrial power supplies/transformers.

Espey Mfg. & Electronics Corp. (NYSE American: ESP) has secured a $3.4 million funding award from the U.S. Navy for capital equipment and facility upgrades. This investment, part of the initiative to strengthen the domestic U.S. Surface Combatant Industrial Base, will enhance Espey's capabilities in designing, manufacturing, testing, and delivering electrical power products.

The new funding complements a previous $7.4 million award received in February 2023, which was allocated for constructing a new manufacturing facility and improving power infrastructure. The project will be executed at Espey's Saratoga Springs, NY facility, with completion anticipated in 2026.

Espey specializes in developing specialized military and industrial power supplies, power systems, and transformers.

Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP), a developer and manufacturer of specialized military and industrial power supplies/transformers, has announced its Board of Directors has declared a regular quarterly dividend of $0.25 per share. The dividend will be distributed on March 28, 2025 to shareholders of record as of March 21, 2025.