Business Wire·Sep 24, 2026, 8:30 AM ET

Trio-Tech Reports 72% Fiscal 2026 Revenue Growth, Driven by Continued AI and Automotive Semiconductor Momentum

TRT

Trio-Tech International reported fiscal year 2026 total revenue of $62.6 million, a 72% increase from $36.5 million in the prior year.
Semiconductor Back-End Solutions (SBS) revenue nearly doubled to $49.0 million, driven by strong demand for AI-related chip testing & expanded advanced computing programs.
The company's total backlog more than doubled to $24.2 million at the end of fiscal 2026, compared to $11.0 million the previous year.
Fiscal 2026 net loss attributable to common shareholders was $34,000, compared to a net loss of $41,000 in fiscal 2025.
Q4 fiscal 2026 revenue was $14.9 million, a 40% increase, while the quarter ended with an operating loss of $266,000 due to higher operating expenses.
Total operating expenses for fiscal 2026 rose to $10.6 million from $8.9 million, reflecting increased corporate activity, stock-based compensation, & investor relations initiatives.
A three-year production burn-in contract was secured with a second global IDM customer for EV semiconductor applications, with potential billings scaling to $6 million.
Expanded capacity in Malaysia includes approximately 104,000 square feet of new space in Perai, Penang, to support North American customer demand.
Fiscal 2027 outlook indicates continued growth in AI, high-performance computing, EV, autonomous vehicles, & Industrial Electronics sectors.
Cash, cash equivalents, short-term deposits, & restricted term deposits totaled approximately $28.5 million as of June 30, 2026.
Industrial Electronics revenue increased 15% to $13.6 million for the full year, with Q1 fiscal 2027 bookings at approximately $4.6 million.
Net cash provided by operating activities increased to $3.4 million for fiscal 2026 from $0.4 million in the prior year.