Every 10-Q that M-tron Industries, Inc. (MPTI) 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 MPTI 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 MPTI filings page.
M-tron Industries, Inc. reported higher sales and earnings for the quarter and six months ended June 30, 2026. Quarterly revenues rose to $15,109 (up 13.8% year over year) and net income increased to $1,870 (up 19.9%), though quarterly gross margin declined 240 basis points to 41.2% due mainly to stock-based compensation and product mix. Six-month revenues grew to $29,795 (up 14.5%), with net income of $4,258, a 33.5% increase.
The company generated $5,822 of operating cash flow in the first half and ended June 30, 2026 with $96,245 in cash and cash equivalents and no borrowings under its $20.0 million credit facilities. Cash was significantly boosted by warrant exercises and a rights offering, which raised gross proceeds of $27.7 million and $42.1 million, respectively, helping lift stockholders’ equity to $118,715. Order backlog reached $83,968, up 37.2% from a year earlier, reflecting strength in aerospace, defense and avionics demand, although revenue and receivables remain concentrated in a small number of customers.
M-tron Industries, Inc. reported solid growth for the quarter ended March 31, 2026. Revenues rose to $14,686 from $12,732, driven mainly by strong defense and avionics shipments. Gross margin improved to 44.9% from 42.5% as higher volume and product mix boosted profitability.
Net income increased to $2,388 from $1,630, and diluted EPS grew to $0.67 from $0.56. Adjusted EBITDA reached $3,172, up from $2,502. Cash and cash equivalents climbed to $51,958 from $20,891, helped by $27,656 of warrant exercise proceeds and $1,745 from stock option exercises. Backlog was $76,834, up from $55,501 a year earlier, supporting future revenue.
M‑tron Industries (MPTI) reported Q3 2025 results. Revenue was $14,170, up 7.2% year over year, with net income of $1,832 and diluted EPS of $0.63. Gross margin was 44.3% versus 47.8% a year ago, reflecting product mix and higher tariff‑related costs. Operating income was $2,550.
For the nine months, revenue reached $40,184 and net income was $5,022. Cash and cash equivalents were $18,329 as of September 30, 2025, with working capital of $29,851 and no borrowings on the $5,000 revolving line of credit. Backlog stood at $58,798, supported by aerospace and defense demand.
Income tax expense increased, in part due to the enactment of the One Big Beautiful Bill Act. On October 23, 2025, the company announced its warrants became exercisable through December 11, 2025 after the VWAP trigger was met.
M-tron Industries (MPTI) reported continued top-line growth in the second quarter of 2025 with revenue of $13.3 million, up 12.5% from the prior-year quarter, and $26.0 million for the six months, up 13.1% year-over-year. Growth was driven by continued defense and avionics program shipments, and backlog rose to $61.2 million, a 29.6% increase since December 31, 2024 and 35.0% versus June 30, 2024.
Profitability shows mixed results: GAAP net income was $1.56 million for Q2 (down 10.6%) and $3.19 million for the six months (down 1.2%), with basic EPS of $0.55 and $1.12, respectively. Gross margin contracted to 43.6% in Q2 (down 298 basis points) primarily from higher manufacturing costs tied to new-product production and tariffs. Adjusted EBITDA was $2.42 million for Q2 and $4.92 million for six months. Liquidity is strong with $15.53 million cash, working capital of $27.09 million and no outstanding borrowings on the $5.0 million revolver as of June 30, 2025. The company operates in a single reportable Electronic Components segment and discloses customer concentration and related-party cash invested with GAMCO totaling $13.356 million.