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IEH Corporation (IEHC) Q3 revenue up 3.9% while losses widen sharply

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(High)
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8-K

Rhea-AI Filing Summary

IEH Corporation reported third-quarter fiscal 2026 results showing modest revenue growth but significantly higher losses. Revenue for the quarter ended December 31, 2025 was $7,497,879, up 3.9% from $7,217,616 a year earlier, reflecting stronger demand, including in missile defense programs.

The company posted an operating loss of $723,444 versus a $130,086 loss a year ago, and a net loss of $660,286 versus $61,640, with basic loss per share widening from $0.03 to $0.27. Management cited steep gold price increases, tariffs and other rising costs pressuring margins, while cash remained unchanged versus the prior-year quarter and backlog reached a five-year high. IEH also highlighted the SEC’s dismissal of its administrative proceeding related to late filings, which the company says should enable an uplisting in the OTC marketplace.

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Insights

Revenue rose modestly, but losses and margin pressure increased sharply.

IEH Corporation delivered Q3 revenue of $7,497,879, up 3.9% from $7,217,616 in the prior-year quarter. However, the operating loss deepened to $723,444 from $130,086, and net loss increased to $660,286 from $61,640, with basic loss per share widening from $0.03 to $0.27.

Management attributes the weaker profitability mainly to higher gold costs, tariffs and other rising expenses, while noting cash was unchanged versus the prior-year quarter and backlog reached a five-year high, driven largely by missile defense orders. The company is investing in infrastructure and capacity to improve production efficiencies and reduce reliance on outside suppliers.

Future performance will depend on how effectively IEH can offset input cost inflation through pricing, hedging and efficiency gains, and on converting its strong defense and aerospace demand into improved margins in the next fiscal year and beyond, as discussed for periods after December 31, 2025.

SEC proceeding dismissal removes a notable regulatory overhang.

The company reports that the SEC dismissed its administrative proceeding related to IEH’s late filings for 2021–2023. Management states this resolution "should enable uplisting in OTC marketplace" and notes they are applying to move the stock to a platform with greater liquidity and visibility.

This outcome reduces uncertainty around IEH’s registration status and reporting compliance, which had previously been highlighted as a risk. It also may broaden potential investor access if an uplisting is achieved, though actual effects will depend on the specific marketplace and timing of acceptance.

Subsequent company communications and future SEC filings will clarify progress on the uplisting application and any additional conditions associated with maintaining listing status after the dismissal disclosed in January 2026 and reiterated on February 6, 2026.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported): February 6, 2026

 

 IEH Corporation

(Exact Name of Registrant as Specified in Charter)  

 

         
New York   0-5278   13-5549348

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

   

 

140 58th Street, Suite 8E

Brooklyn, NY 11220

(Address of Principal Executive Offices, and Zip Code)

 

(718) 492-4440 

Registrant’s Telephone Number, Including Area Code

Not Applicable

(Former Name or Former Address, if Changed Since Last Report) 

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock  IEHC OTC ID

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

  Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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Item 2.02 Results of Operations and Financial Condition

 

On February 6, 2026, IEH Corporation announced by press release its financial results for its third fiscal quarter ended December 31, 2025. A copy of the press release is attached hereto as Exhibit 99.1

 

The information furnished pursuant to Item 2.02 of this Current Report, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

The following exhibit is attached to this Current Report on Form 8-K:

     
Exhibit Number   Exhibit Title or Description
     
99.1   Press Release issued February 6, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)
 

 

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

    IEHC Corporation
     
    By:  /s/Subrata Purkayastha
    Name: Subrata Purkayastha
    Title:  Chief Financial Officer
Date:   February 10, 2026    

 

 

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Exhibit 99.1

Brooklyn, NY., February 6, 2026 - IEH Corporation (OTC: IEHC) today filed with the Securities and Exchange Commission (SEC) its quarterly report on Form 10-Q for the 3rd fiscal quarter ended December 31, 2025.

 

Highlights include:

 

- 3.9% Increase in Revenue as compared to third quarter of Fiscal Year 2025

 

- $723,444 loss in Q3 Operating Income, primarily due to cost of gold and tariff charges

 

- Cash remains unchanged compared to third quarter of Fiscal Year 2025

 

- Five-year high in backlog, primarily due to orders in support of missile defense programs

 

- SEC dismissal of its administrative proceeding against IEH, which should enable uplisting in OTC marketplace

 

For the quarter ended December 31, 2025, IEH had revenues of $7,497,879 as compared to $7,217,616 for the quarter ended December 31, 2024, reflecting a 3.9% increase; an operating loss of $723,444 for 3rd quarter fiscal year 2026 as compared to an operating loss of $130,086 for 3rd quarter fiscal year 2025; a net loss of $660,286 for 3rd quarter fiscal year 2026 as compared to a net loss of $61,640 for 3rd quarter fiscal year 2025; and a basic loss per share of $.27 for 3rd quarter fiscal year 2026 as compared to a basic loss per share of $.03 for 3rd quarter fiscal year 2025.

 

Dave Offerman, President and CEO of IEH Corporation commented, “The relentless, steep rise in gold over the past two years, along with tariffs and other rising costs, continue to pressure our margins. While we continue to aggressively and strategically raise prices, we are still playing “catch-up” to these increases. In 2025, gold experienced its highest annual increase in 46 years, and most forecasts predict this rise to continue in 2026. To hedge against these increases, we have been more strategic in the timing and volume of our gold purchases, in an effort to mitigate these historic trends.

 

In tandem with these efforts, we are investing in infrastructure and capacity which will allow us to reduce costs through production efficiencies, and less reliance on outside, often overseas suppliers. We expect the cost savings from these investments to manifest in our next fiscal year.

 

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Fortunately, our outlook for the next fiscal year and beyond remains very positive. Demand for the parts we supply in support of missile defense and related military programs continue to rise, and global defense spending is expected to sharply increase over the next several years, which bodes very well for IEH. This has led to our highest backlog since December 2020, and with a very strong sales pipeline, we expect this growth to continue. It is also worth noting that much of this business is sole-source and thus highly profitable, which should go a long way toward improving our margins. At the same time, we are starting to see more business for the commercial aerospace platforms we support, in particular the Boeing 737Max, and with recent news that the FAA has allowed Boeing to increase output on that jet, we expect that growth to accelerate in the coming months. We continue to win new designs in commercial space applications, and with an enhanced sales presence overseas, uncover new opportunities in foreign markets.

 

We also continue to actively pursue acquisition opportunities, for the purpose of diversifying both our product offerings, as well as our markets served. I look forward to sharing more details on those efforts as they progress.

 

Finally, as noted in our January 15th press release, the SEC finally dismissed their administrative proceeding against IEH, for the late filings of 2021-2023. With this matter firmly behind us, we are in the process of applying to uplist our stock to a platform that allows for greater liquidity, shareholder visibility and investment opportunities.

 

On behalf of the management team and staff of IEH, we again wish to express our sincere gratitude for the support of our valued shareholders.”

 

About IEH Corporation

 

For over 80 years and 4 generations of family-run management, IEH Corporation has designed, developed, and manufactured printed circuit board (PCB) connectors, custom interconnects and contacts for high performance applications. With its signature Hyperboloid technology, IEH supplies the most durable, reliable connectors for the most demanding environments. The Company markets primarily to companies in defense, aerospace, medical, space and industrial applications, in the United States, Canada, Europe, Southeast and Central Asia and the Mideast. The Company was founded in 1941 and is headquartered in Brooklyn, New York.

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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

 

Certain statements contained in this press release, and in related comments by the Company’s management, include “forward-looking statements.” All statements, other than statements of historical facts, including, without limitation, statements or expectations regarding our financial condition, statements or expectations regarding our revenues, cash and backlog, expectations regarding future cash requirements, revenue and revenue recovery, including for fiscal year 2026 and beyond, projected timelines for making our SEC filings or successfully preventing our registration from suspension or revocation and expectations regarding our efforts and ability to resolve our inventory accounting issues are forward-looking statements. These statements often include words such as “believe,” “expect,” “estimate,” “plan,” “will,” “may,” “would,” “should,” “could,” or similar expressions, although not all forward-looking statements contain such identifying words. These statements are based on certain assumptions that the Company has made on its current expectations and projections about future events. The Company believes these judgments are reasonable, but you should understand that these statements are not guarantees of performance or results, and you should not place undue reliance on any forward-looking statements. The Company’s actual performance or results could differ materially from those expressed in the forward-looking statements due to a variety of important factors, both positive and negative, as they will depend on many factors about which we are unsure, including many factors beyond our control. Among other items, such factors could include: any claims, investigations or proceedings arising as a result of our past due periodic reports, including changes in the proceedings related to the SEC’s Order Instituting Administrative Proceedings and Notice of Hearing pursuant to Section 12(j) of the Securities and Exchange Act of 1934, as amended; our ability to remediate our inventory accounting issue; our ability to reduce costs or increase revenue; changes in the macroeconomic environment or in the finances of our customers; changes in accounting principles, or their application or interpretation, and our ability to make accurate estimates and the assumptions underlying the estimates; our ability to attract and retain key employees and key resources; and other risk factors discussed from time to time in our filings with the SEC, including those factors discussed under the caption “Risk Factors” in our most recent annual report on Form 10-K, filed with the SEC on June 12, 2025, and in subsequent reports filed with or furnished to the SEC. Additional information concerning these and other factors can be found in our filings with the SEC. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by the foregoing

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cautionary statements. Except as may be required by applicable law, we do not undertake or intend to update or revise our forward-looking statements, and we assume no obligation to update any forward-looking statements contained in this press release as a result of new information or future events or developments. Thus, you should not assume that our silence over time means that actual events are bearing out as expressed or implied in such forward-looking statements. You should carefully review and consider the various disclosures we make in our filings with the SEC that attempt to advise interested parties of the risks, uncertainties and other factors that may affect our business.

 

Contact:

 

Dave Offerman

 

IEH Corporation

 

dave@iehcorp.com

 

718-492-4448

 

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FAQ

How did IEH Corporation (IEHC) perform financially in Q3 fiscal 2026?

IEH Corporation posted Q3 fiscal 2026 revenue of $7,497,879, up 3.9% year over year. However, it reported an operating loss of $723,444 and a net loss of $660,286, with basic loss per share widening to $0.27 from $0.03.

What drove the increased losses for IEH Corporation (IEHC) in this quarter?

IEH’s larger losses primarily stemmed from margin pressure caused by a steep rise in gold prices, higher tariffs and other rising costs. Management noted they are raising prices, hedging gold purchases and investing in efficiency improvements to help offset these cost headwinds.

How strong is IEH Corporation’s (IEHC) demand and backlog outlook?

IEH reported a five-year high backlog, mainly from orders supporting missile defense programs, and cited a very strong sales pipeline. The company also sees growing demand from commercial aerospace, including the Boeing 737 MAX, and new commercial space and international opportunities.

What recent regulatory development affected IEH Corporation (IEHC)?

The SEC dismissed its administrative proceeding against IEH related to late filings for 2021–2023. Management says this resolution allows IEH to apply for an uplisting to an OTC trading platform that offers greater liquidity, shareholder visibility and potential investment opportunities.

What are IEH Corporation’s (IEHC) key strategic initiatives mentioned in the update?

IEH is focusing on hedging gold costs, timing and volume of gold purchases, investing in infrastructure and capacity to gain production efficiencies, expanding overseas sales presence and actively pursuing acquisition opportunities to diversify products and markets served.

How did IEH Corporation’s (IEHC) cash position change compared to last year’s Q3?

The company stated that cash remains unchanged compared to the third quarter of fiscal year 2025. While specific cash figures are not detailed in the summary, management highlighted stability in cash alongside higher backlog and continued investments in infrastructure and capacity.

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IEHC Stock Data

19.69M
1.28M
47.31%
4.28%
Electronic Components
Technology
Link
United States
Brooklyn