ESPEY MFG & ELECTRONICS CORPESPEarnings & Financial Report
ESPEY MFG & ELECTRONICS CORP is a US-based manufacturer specializing in high-reliability power supplies, power conversion systems and specialized electronic components. It serves aerospace, defense, industrial and transportation sectors, delivering custom solutions for harsh environments to OEMs and government contractors across North America and select global markets.
Revenue
$9.1M
Gross Profit
$3.2M
Operating Profit
$2.1M
Net Profit
$2.2M
Gross Margin
35.4%
Operating Margin
22.7%
Net Margin
23.9%
YoY Growth
-12.9%
EPS
$0.76
ESPEY MFG & ELECTRONICS CORP Q1 FY2026 Financial Summary
ESPEY MFG & ELECTRONICS CORP reported revenue of $9.1M (down 12.9% YoY) for Q1 FY2026, with a net profit of $2.2M (up 35.8% YoY) (23.9% margin). Cost of goods sold was $5.9M, operating expenses totaled $1.2M.
Key Financial Metrics
| Total Revenue | $9.1M |
|---|---|
| Net Profit | $2.2M |
| Gross Margin | 35.4% |
| Operating Margin | 22.7% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
ESPEY MFG & ELECTRONICS CORP Q1 FY2026 revenue of $9.1M breaks down across 2 segments, led by ASC606 at $7.3M (80.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| ASC606 | $7.3M | 80.7% |
| Other | $1.8M | 19.3% |
ESPEY MFG & ELECTRONICS CORP Revenue by Segment — Quarterly Trend
ESPEY MFG & ELECTRONICS CORP revenue by segment across the last 4 reported quarters, showing how each business line (such as ASC606 and Other) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| ASC606 | $11.3M | $7.3M | $8.3M | $9.6M |
| Other | $855.0K | $1.8M | $1.3M | $745.0K |
ESPEY MFG & ELECTRONICS CORP Annual Revenue by Year
ESPEY MFG & ELECTRONICS CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $44.0M).
| Year | Annual Revenue |
|---|---|
| 2025 | $44.0M |
| 2024 | $38.7M |
| 2023 | $35.6M |
| 2022 | $32.1M |
ESPEY MFG & ELECTRONICS CORP Quarterly Revenue & Net Profit History
ESPEY MFG & ELECTRONICS CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $12.1M | -10.8% | $2.8M | 23.1% |
| Q1 FY2026 | $9.1M | -12.9% | $2.2M | 23.9% |
| Q4 FY2025 | $9.6M | -17.4% | $2.9M | 30.6% |
| Q3 FY2025 | $10.3M | +24.8% | $1.7M | 16.5% |
| Q2 FY2025 | $13.6M | +32.1% | $1.9M | 14.0% |
| Q1 FY2025 | $10.4M | +21.9% | $1.6M | 15.3% |
| Q4 FY2024 | $11.6M | +39.2% | $1.9M | 16.3% |
| Q3 FY2024 | $8.3M | -15.9% | $1.0M | 12.5% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.3M | $11.6M | $10.4M | $13.6M | $10.3M | $9.6M | $9.1M | $12.1M |
| YoY Growth | -15.9% | 39.2% | 21.9% | 32.1% | 24.8% | -17.4% | -12.9% | -10.8% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $53.1M | $56.5M | $57.6M | $60.2M | $72.8M | $79.1M | $84.8M | $85.2M |
| Liabilities | $13.8M | $15.3M | $15.1M | $15.4M | $26.5M | $28.3M | $33.9M | $32.0M |
| Equity | $39.3M | $41.3M | $42.5M | $44.8M | $46.3M | $50.8M | $51.0M | $53.2M |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $1.4M | $3.2M | $1.4M | $5.4M | $11.5M | $2.8M | $5.7M | $-2.8M |