M-tron Industries, Inc. (MPTI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 14.69M | 14.23M | 14.17M | 13.28M | 12.73M | 12.8M | 13.21M | 11.81M | 11.19M | 10.77M | 10.89M | 10.14M | 9.37M | 8.67M | 8.42M | 7.06M | 7.69M | 6.86M | 7.17M | 6.41M |
| Revenue Growth % | 15.35% | 11.15% | 7.23% | 12.48% | 13.83% | 18.86% | 21.36% | 16.45% | 19.41% | 24.21% | 29.36% | 43.54% | 21.79% | 26.43% | 17.34% | 10.25% | 22.98% | - | - | - |
| Cost of Goods Sold | 8.09M | 7.56M | 7.89M | 7.49M | 7.33M | 6.75M | 6.9M | 6.31M | 6.41M | 6.08M | 6.23M | 5.92M | 6.17M | 5.58M | 5.69M | 4.41M | 4.82M | 4.52M | 4.64M | 3.94M |
| COGS % of Revenue | 55.1% | 53.13% | 55.69% | 56.39% | 57.54% | 52.75% | 52.25% | 53.41% | 57.27% | 56.44% | 57.22% | 58.39% | 65.88% | 64.34% | 67.58% | 62.46% | 62.66% | 65.89% | 64.63% | 61.57% |
| Gross Profit | 6.59M | 6.67M | 6.28M | 5.79M | 5.41M | 6.05M | 6.31M | 5.5M | 4.78M | 4.69M | 4.66M | 4.22M | 3.2M | 3.09M | 2.73M | 2.65M | 2.87M | 2.34M | 2.54M | 2.46M |
| Gross Margin % | 44.9% | 46.87% | 44.31% | 43.61% | 42.46% | 47.25% | 47.75% | 46.59% | 42.73% | 43.56% | 42.78% | 41.61% | 34.12% | 35.66% | 32.42% | 37.54% | 37.34% | 34.11% | 35.37% | 38.43% |
| Gross Profit Growth % | 21.98% | 10.26% | -0.49% | 5.29% | 13.12% | 28.92% | 35.47% | 30.39% | 49.53% | 51.73% | 70.69% | 59.09% | 11.28% | 32.18% | 7.57% | 7.72% | 43.82% | - | - | - |
| Operating Expenses | 3.98M | 2.79M | 3.73M | 3.95M | 3.39M | 3.47M | 3.39M | 3.39M | 2.99M | 4.75M | 2.63M | 2.65M | 2.44M | 2.27M | 2.1M | 2.05M | 2.06M | 2.14M | 1.72M | 1.67M |
| OpEx % of Revenue | 27.13% | 19.58% | 26.32% | 29.72% | 26.65% | 27.12% | 25.65% | 28.74% | 26.73% | 44.12% | 24.11% | 26.17% | 26% | 26.12% | 24.94% | 29.01% | 26.76% | 31.22% | 23.92% | 26.05% |
| Selling, General & Admin | 3.98M | 2.79M | 2.94M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.67M |
| SG&A % of Revenue | 27.13% | 19.58% | 20.73% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 26.05% |
| Research & Development | 0 | 0 | 792K | 784K | 722K | 2.24M | 749K | 682K | 633K | 586K | 566K | 535K | 529K | 501K | 524K | 481K | 500K | 2.01M | 0 | 0 |
| R&D % of Revenue | - | - | 5.59% | 5.9% | 5.67% | 17.52% | 5.67% | 5.78% | 5.66% | 5.44% | 5.2% | 5.28% | 5.65% | 5.78% | 6.23% | 6.81% | 6.5% | 29.24% | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 136K | 1000K | -7K |
| Operating Income | 2.61M | 3.88M | 2.55M | 1.84M | 2.01M | 2.58M | 2.92M | 2.11M | 1.79M | -60K | 2.03M | 1.56M | 761K | 828K | 630K | 603K | 814K | 198K | 821K | 793K |
| Operating Margin % | 17.77% | 27.29% | 18% | 13.88% | 15.81% | 20.13% | 22.11% | 17.84% | 15.99% | -0.56% | 18.67% | 15.43% | 8.12% | 9.55% | 7.48% | 8.54% | 10.58% | 2.89% | 11.45% | 12.38% |
| Operating Income Growth % | 29.66% | 50.72% | -12.7% | -12.48% | 12.52% | 4395% | 43.68% | 34.63% | 135.09% | -107.25% | 222.7% | 159.54% | -6.51% | 318.18% | -23.26% | -23.96% | 169.54% | - | - | - |
| EBITDA | 2.91M | 4.17M | 2.83M | 2.11M | 2.26M | 2.83M | 3.2M | 2.33M | 2.01M | 173K | 2.24M | 1.77M | 969K | 1.03M | 816K | 782K | 975K | 350K | 960K | 920K |
| EBITDA Margin % | 19.83% | 29.3% | 19.97% | 15.92% | 17.77% | 22.09% | 24.21% | 19.71% | 18% | 1.61% | 20.55% | 17.45% | 10.34% | 11.84% | 9.69% | 11.07% | 12.68% | 5.1% | 13.38% | 14.36% |
| EBITDA Growth % | 28.68% | 47.45% | -11.53% | -9.15% | 12.42% | 1534.68% | 42.94% | 31.54% | 107.74% | -83.15% | 174.26% | 126.21% | -0.62% | 193.43% | -15% | -15% | 128.87% | - | - | - |
| D&A (Non-Cash Add-back) | 302K | 286K | 280K | 270K | 250K | 251K | 278K | 220K | 224K | 233K | 205K | 204K | 208K | 199K | 186K | 179K | 161K | 152K | 139K | 127K |
| EBIT | 2.61M | 3.88M | 2.76M | 1.84M | 2.01M | 2.58M | 2.92M | 2.11M | 1.79M | -60K | 2.03M | 1.56M | 761K | 828K | 630K | 603K | 814K | 198K | 821K | 793K |
| Net Interest Income | 370K | 161K | 143K | 124K | 111K | 104K | 63K | 44K | 32K | 13K | 1K | -5K | -2K | -5K | -1K | -2K | -3K | -3K | -3K | -3K |
| Interest Income | 370K | 161K | 143K | 124K | 111K | 104K | 63K | 44K | 32K | 13K | 1K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5K | 2K | 5K | 1K | 2K | 3K | 3K | 3K | 3K |
| Other Income/Expense | 248K | 198K | 213K | 151K | 101K | 181K | 87K | 39K | 74K | 113K | 13K | 17K | -42K | -233K | -16K | -11K | -20K | -13K | -21K | -10K |
| Pretax Income | 2.86M | 4.08M | 2.76M | 2M | 2.11M | 2.76M | 3.01M | 2.15M | 1.86M | 53K | 2.05M | 1.58M | 719K | 595K | 614K | 592K | 794K | 185K | 800K | 783K |
| Pretax Margin % | 19.46% | 28.68% | 19.5% | 15.02% | 16.6% | 21.54% | 22.76% | 18.17% | 16.66% | 0.49% | 18.79% | 15.6% | 7.68% | 6.86% | 7.29% | 8.38% | 10.32% | 2.7% | 11.15% | 12.22% |
| Income Tax | 470K | 657K | 931K | 435K | 484K | 619K | 741K | 402K | 377K | -20K | 460K | 305K | 166K | 405K | 111K | 106K | 175K | 159K | 162K | 146K |
| Effective Tax Rate % | 16.45% | 16.1% | 33.7% | 21.8% | 22.89% | 22.44% | 24.63% | 18.73% | 20.24% | -37.74% | 22.48% | 19.28% | 23.09% | 68.07% | 18.08% | 17.91% | 22.04% | 85.95% | 20.25% | 18.65% |
| Net Income | 2.39M | 3.42M | 1.83M | 1.56M | 1.63M | 2.14M | 2.27M | 1.74M | 1.49M | 73K | 1.59M | 1.28M | 553K | 190K | 503K | 486K | 619K | 26K | 638K | 637K |
| Net Margin % | 16.26% | 24.06% | 12.93% | 11.75% | 12.8% | 16.7% | 17.16% | 14.77% | 13.29% | 0.68% | 14.57% | 12.59% | 5.9% | 2.19% | 5.98% | 6.88% | 8.05% | 0.38% | 8.89% | 9.94% |
| Net Income Growth % | 46.5% | 60.12% | -19.19% | -10.55% | 9.69% | 2830.14% | 42.94% | 36.57% | 168.72% | -61.58% | 215.31% | 162.76% | -10.66% | 630.77% | -21.16% | -23.7% | 120.28% | - | - | - |
| Net Income (Continuing) | 2.39M | 3.42M | 1.83M | 1.56M | 1.63M | 2.14M | 2.27M | 1.74M | 1.49M | 73K | 1.59M | 1.28M | 553K | 190K | 503K | 486K | 619K | 26K | 638K | 637K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.67 | 0.99 | 0.63 | 0.53 | 0.56 | 0.73 | 0.81 | 0.63 | 0.53 | 0.03 | 0.57 | 0.47 | 0.20 | 0.07 | 0.19 | 0.18 | 0.23 | 0.01 | 0.12 | 0.12 |
| EPS Growth % | 19.64% | 35.62% | -22.22% | -15.87% | 5.66% | 2675.67% | 42.11% | 34.04% | 165% | -62.27% | 200% | 161.11% | -13.04% | - | 58.33% | 50% | 341.46% | - | - | - |
| EPS (Basic) | 0.68 | 1.16 | 0.64 | 0.55 | 0.57 | 0.76 | 0.82 | 0.64 | 0.55 | 0.03 | 0.59 | 0.47 | 0.21 | 0.07 | 0.19 | 0.18 | 0.23 | 0.01 | 0.12 | 0.12 |
| Diluted Shares Outstanding | 3.57M | 3.44M | 2.92M | 2.93M | 2.91M | 2.93M | 2.8M | 2.78M | 2.78M | 2.77M | 2.76M | 2.71M | 2.7M | 2.73M | 2.68M | 2.7M | 2.68M | 2.67M | 5.39M | 5.39M |
| Basic Shares Outstanding | 3.5M | 2.94M | 2.86M | 2.85M | 2.84M | 2.81M | 2.75M | 2.73M | 2.72M | 2.7M | 2.7M | 2.7M | 2.68M | 2.73M | 2.68M | 2.67M | 2.67M | 2.67M | 5.39M | 5.39M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |