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PR Newswire·

M-tron Industries, Inc. Reports Fourth Quarter and Full Fiscal Year 2025 Results

  • M-tron Industries reported Q4 2025 revenues of $14.2 million, up 11.2% from $12.8 million in Q4 2024.
  • Fiscal year 2025 revenues totaled $54.4 million, an 11.0% increase from $49.0 million in 2024.
  • Q4 2025 gross margin was 46.9%, slightly down from 47.2% in Q4 2024 due to higher tariff-related costs.
  • Full-year 2025 gross margin was 44.4%, down from 46.2% in 2024 primarily due to product mix changes \& tariffs.
  • Q4 2025 net income per diluted share was $0.99, compared to $0.73 in the same period last year.
  • Fiscal 2025 net income per diluted share was $2.62, down slightly from $2.65 in 2024.
  • Adjusted EBITDA for Q4 2025 reached $4.5 million, a 46.8% increase from $3.1 million in Q4 2024.
  • Full-year 2025 Adjusted EBITDA was $12.6 million, up 12.9% from $11.1 million in 2024.
  • Backlog increased 61.8% to $76.4 million as of December 31, 2025, from $47.2 million in 2024.
  • The company issued 470,205 shares via warrant exercises in 2025 \& an additional 112,028 shares in January 2026, generating approximately $27.5 million in cash.
  • Management attributed revenue growth to strong shipments in defense programs, avionics, \& industrials sectors.
  • The balance sheet strengthened significantly, with cash \& cash equivalents rising to $20.9 million as of December 31, 2025.
  • An investor conference call is scheduled for March 26, 2026, to discuss these financial results.