Every 10-Q that Electro-Sensors Inc (ELSE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ELSE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ELSE filings page.
Electro-Sensors, Inc. reported higher sales but a small loss for the quarter ended March 31, 2026 while agreeing to be acquired. Net sales rose to $2,579 (thousands), up 15.2% from $2,239 (thousands) a year earlier, driven by stronger wired sensor and international agricultural demand. Gross profit increased to $1,322 (thousands), lifting gross margin to 51.3%, but operating expenses also climbed, leading to a net loss of $116 (thousands), versus a $64 (thousands) loss in 2025, or $(0.03) per share.
Cash and cash equivalents were $10,756 (thousands) at March 31, 2026, slightly above $10,545 (thousands) at year-end, helped by $171 (thousands) of option exercise proceeds. After quarter end, the company entered a Merger Agreement under which each share will be converted into the right to receive $7.75 in cash, subject to shareholder approval and customary conditions, including maintaining at least $10,250 (thousands) of unrestricted cash and cash equivalents before closing.
Electro-Sensors, Inc. (ELSE) reported modest growth for the quarter ended September 30, 2025. Net sales rose to $2.748 million from $2.512 million a year ago, driven by higher demand from industrial automation and OEM customers. Gross margin improved to 53.1% from 50.4% on pricing actions taken over the past year. Operating income was $181 thousand, roughly flat versus last year, as higher operating expenses offset gross profit gains. Non-operating income decreased on lower Treasury Bill yields. Net income was $208 thousand versus $238 thousand; diluted EPS remained $0.06 versus $0.07.
For the nine months, net sales were $7.387 million (from $6.973 million) with gross margin at 51.0% (from 48.6%). Cash and cash equivalents increased to $10.571 million, supported by $642 thousand of operating cash flow. Operating expenses rose on added headcount, variable compensation, and stock compensation tied to accelerated vesting for a retired board member. Management highlighted ongoing supply chain and labor market challenges that could pressure margins and delivery timing. Disclosure controls were deemed effective and no material changes in internal controls were noted. Shares outstanding were 3,480,521 as of November 12, 2025.
Electro-Sensors, Inc. reported interim results for the three and six months ended June 30, 2025. The Company had 3,449,021 shares outstanding and cash and cash equivalents of $7,973 at June 30, 2025. Net sales for the six months ended June 30, 2025 were $4,639, up 4.0% from $4,461 a year earlier, driven by higher international and OEM sales. Gross profit for the six months was $2,312, an increase of $185 (8.7%), and gross margin rose to 49.8% from 47.7%, reflecting price increases to offset material costs. Total operating expenses rose, largely from increased headcount and higher selling and marketing costs, which increased selling expenses to $441 in Q2 and $861 for six months. Research and development expenses declined due to reduced headcount. Interest income declined, lowering non-operating income. Management accelerated vesting of a director's equity awards upon his retirement effective August 8, 2025.
Electro-Sensors, Inc. reported improving operational performance for the quarter ended June 30, 2025, with net sales rising to $2.40 million, an 8.3% increase versus the prior-year quarter, and six-month sales of $4.64 million, up 4.0% year-over-year. Gross profit for the quarter rose to $1.23 million and gross margin expanded to 51.2% from 47.2%, driven by higher average selling prices implemented to offset material cost increases. The company posted net income of $59 thousand in the quarter compared with a small net loss in the prior-year quarter.
Operating expenses increased primarily from additional headcount and higher selling and marketing costs, while interest income declined due to lower interest rates. Cash and cash equivalents rose to $10.18 million and operating cash flow improved to $247 thousand for the six months. The company discloses ongoing supply-chain and labor risks, is evaluating tax effects of recently enacted federal tax legislation, and recorded no material contingencies. Shares outstanding were 3,449,021.