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News  ›  GlobeNewswire Inc.

Sono-Tek Reports Fiscal Third Quarter and Nine-Month Fiscal 2026 Financial Results

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Sono-Tek Reports Fiscal Third Quarter and Nine-Month Fiscal 2026 Financial Results

Sono-Tek Corporation reported Q3 FY2026 net sales of $5.0 million with gross margin expanding to 50%, marking its seventh consecutive quarter above $5 million. Nine-month net income increased 32% to $1.25 million. The company achieved a record backlog of $12.3 million, driven by strong medical device market demand and high-ASP production systems, though alternative energy sales declined due to policy changes. Management reiterated full-year guidance anticipating modest revenue growth.

Insights
SOTK   positive

Company demonstrated consistent revenue performance (7th consecutive quarter above $5M), significant profitability improvements (24-32% net income growth), record backlog of $12.3M indicating strong future demand, gross margin expansion to 50-51%, and strong balance sheet with $11.7M in cash and no debt. Medical market strength and high-ASP product mix are positive drivers, though offset somewhat by alternative energy headwinds from policy changes.