SONO TEK CORP
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $20.9M | $20.5M | $19.7M | $15.1M | $17.1M | $14.8M | $15.4M | $11.6M |
| Cost of Revenue | $10.3M | $10.8M | $9.9M | $7.4M | $8.5M | $7.8M | $8.0M | $6.4M |
| Gross Profit | $10.6M | $9.7M | $9.8M | $7.7M | $8.6M | $7.0M | $7.3M | $5.2M |
| Gross Margin | 50.5% | 47.5% | 50.0% | 50.8% | 50.3% | 47.2% | 47.6% | 45.2% |
| Operating Expenses | ||||||||
| Research & Development | $2.6M | $2.7M | $2.9M | $2.1M | $1.7M | $1.6M | $1.4M | $1.3M |
| SG&A Expense | $2.7M | $2.3M | $2.1M | $1.6M | $1.6M | $1.2M | $1.4M | $1.2M |
| Operating Income | $1.8M | $1.0M | $1.2M | $683.0K | $1.9M | $1.3M | $1.1M | $82.5K |
| Operating Margin | 8.7% | 4.9% | 6.0% | 4.5% | 11.0% | 9.0% | 7.3% | 0.7% |
| Interest Expense | — | — | — | — | — | $39.8K | $33.0K | $40.0K |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | $461.4K | $260.7K | $303.1K | $154.0K | $361.6K | $227.2K | $106.0K | $19.8K |
| Net Income | $1.8M | $1.3M | $1.4M | $635.9K | $2.5M | $1.1M | $1.1M | $161.6K |
| Net Margin | 8.6% | 6.2% | 7.3% | 4.2% | 14.8% | 7.6% | 7.2% | 1.4% |
| EPS (Basic) | $0.11 | $0.08 | $0.09 | $0.04 | $0.16 | $0.07 | $0.07 | $0.01 |
| EPS (Diluted) | $0.11 | $0.08 | $0.09 | $0.04 | $0.16 | $0.07 | $0.07 | $0.01 |
| Shares Outstanding (Basic) | 15.7M | 15.8M | 15.7M | 15.7M | 15.6M | 15.4M | 15.3M | 15.1M |
| Shares Outstanding (Diluted) | 15.7M | 15.8M | 15.8M | 15.8M | 15.6M | 15.7M | 15.4M | 15.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |