Espey Mfg. & Electronics Corp. (ESP) Income Statement
ESP FY2026 at a glance
Fiscal year ended June 30, 2026 · U.S. dollarsESP revenue and net income
Where ESP's revenue goes
FY2026Each bar shows an amount and its share of revenue. ESP kept 24.2% of revenue as net income.
ESP profit margins
ESP growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +4.9% | +9.0% | +10.7% | +5.3% |
| Gross profit | +28.4% | +26.5% | +37.1% | +8.2% |
| Operating income | +42.7% | +39.2% | — | +10.3% |
| Net income | +37.3% | +44.9% | — | +13.4% |
| EPS (diluted) | +24.3% | +37.7% | — | +10.9% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ESP quarterly EPS vs estimates
Espey Mfg. & Electronics beat the analyst EPS estimate in 5 of the last 5 quarters. Next report: November 11, 2026.
ESP income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $46.1M | $44.0M | $38.7M | $35.6M | $32.1M | $27.7M | $31.5M | $36.5M | $32.5M | $22.5M |
| Cost of revenue | $29.8M | $31.3M | $28.1M | $27.5M | $26.6M | $24.4M | $26.0M | $29.4M | $24.9M | $17.8M |
| Gross profit | $16.3M | $12.7M | $10.7M | $8.1M | $5.5M | $3.4M | $5.6M | $7.1M | $7.7M | $4.7M |
| Research & development | $69,902 | $71,074 | $86,714 | $65,427 | $32,362 | $40,912 | $44,738 | $44,819 | $18,206 | $34,065 |
| Sales, general & admin | $4.7M | $4.6M | $4.1M | $3.8M | $3.9M | $3.8M | $4.4M | $4.4M | $3.8M | $3.2M |
| Total operating expenses | $4.7M | $4.6M | $4.1M | $3.8M | $3.9M | $3.8M | $4.4M | $4.4M | $3.8M | $3.2M |
| Operating income | $11.6M | $8.1M | $6.5M | $4.3M | $1.5M | −$426,139 | $1.2M | $2.7M | $3.9M | $1.5M |
| Interest income | $1.7M | $1.3M | $728,299 | $359,617 | $12,153 | $21,380 | $109,750 | $167,682 | $160,650 | $88,836 |
| Interest expense | — | — | — | — | $12,153 | $57,942 | $136,881 | $228,694 | $160,650 | $88,836 |
| Income before taxes | $13.3M | $9.7M | $7.3M | $4.7M | $1.6M | −$368,197 | $1.3M | $2.9M | $4.1M | $1.7M |
| Income taxes | $2.1M | $1.6M | $1.5M | $1.0M | $327,954 | −$186,654 | $145,521 | $538,939 | $993,279 | $515,669 |
| Net income | $11.2M | $8.1M | $5.8M | $3.7M | $1.3M | −$181,543 | $1.2M | $2.3M | $3.1M | $1.1M |
| EBITDA | $12.1M | $10.2M | $7.7M | $5.2M | $2.1M | $151,616 | $1.7M | $3.2M | $4.3M | $2.0M |
| EPS (diluted) | $3.89 | $3.13 | $1.56 | $1.49 | $0.52 | −$0.08 | $0.49 | $0.98 | $1.30 | $0.49 |
| Gross margin | 35.3% | 28.9% | 27.5% | 22.6% | 17.0% | 12.1% | 17.6% | 19.4% | 23.6% | 20.9% |
| Operating margin | 25.1% | 18.5% | 16.9% | 12.1% | 4.8% | −1.5% | 3.7% | 7.3% | 11.9% | 6.8% |
| Net margin | 24.2% | 18.5% | 15.0% | 10.3% | 3.9% | −0.7% | 3.7% | 6.4% | 9.5% | 5.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.5M | $11.4M | $12.1M | $9.1M | $9.6M | $10.3M | $13.6M | $10.4M | $11.6M | $8.3M | $10.3M | $8.6M |
| Cost of revenue | $8.8M | $7.2M | $7.9M | $5.9M | $5.8M | $7.4M | $10.4M | $7.6M | $8.4M | $6.2M | $7.2M | $6.3M |
| Gross profit | $4.6M | $4.2M | $4.2M | $3.2M | $3.8M | $2.9M | $3.2M | $2.8M | $3.2M | $2.1M | $3.1M | $2.2M |
| Sales, general & admin | — | $1.2M | $1.1M | $1.2M | $1.1M | $1.2M | $1.1M | $1.1M | $1.1M | $971,220 | $1.0M | $1.0M |
| Total operating expenses | $1.2M | $1.2M | $1.1M | $1.2M | $1.1M | $1.2M | $1.1M | $1.1M | $1.1M | $971,220 | $1.0M | $1.0M |
| Operating income | $3.5M | $3.0M | $3.1M | $2.1M | $2.6M | $1.8M | $2.0M | $1.7M | $2.1M | $1.1M | $2.1M | $1.2M |
| Interest income | — | $402,103 | $436,903 | $472,360 | $407,308 | $324,705 | $260,222 | $267,617 | $237,416 | $181,940 | $161,513 | $147,430 |
| Income before taxes | $3.9M | $3.4M | $3.5M | $2.6M | $3.4M | $2.1M | $2.3M | $2.0M | $2.4M | $1.3M | $2.3M | $1.4M |
| Income taxes | $510,410 | $526,758 | $710,726 | $387,682 | $419,102 | $382,941 | $384,363 | $399,304 | $481,008 | $245,862 | $464,279 | $288,725 |
| Net income | $3.3M | $2.9M | $2.8M | $2.2M | $2.9M | $1.7M | $1.9M | $1.6M | $1.9M | $1.0M | $1.8M | $1.1M |
| EBITDA | $3.6M | $3.5M | $3.6M | $2.7M | $3.5M | $2.2M | $2.4M | $2.1M | $2.5M | $1.4M | $2.4M | $1.5M |
| EPS (diluted) | $1.15 | $0.99 | $0.99 | $0.76 | $1.06 | $0.63 | $0.70 | $0.73 | $0.00 | $0.40 | $0.72 | $0.44 |
| Gross margin | 34.3% | 37.0% | 34.7% | 35.4% | 39.3% | 28.6% | 23.2% | 26.8% | 27.6% | 25.0% | 30.5% | 26.2% |
| Operating margin | 25.8% | 26.1% | 25.3% | 22.7% | 27.4% | 17.0% | 14.9% | 16.5% | 18.4% | 13.2% | 20.3% | 14.3% |
| Net margin | 24.8% | 25.1% | 23.1% | 23.9% | 30.6% | 16.5% | 14.0% | 15.3% | 16.3% | 12.5% | 17.4% | 12.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ESP's financial statements (latest annual report filed September 23, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ESP financial results
In fiscal year 2026 (ended June 30, 2026), Espey Mfg. & Electronics reported revenue of $46.1 million, up 4.9% from the year before. It had net income of $11.2 million (up 37.3%), a net profit margin of 24.2%. Diluted earnings per share came to $3.89. Over five years revenue grew at an average rate of 10.7% a year.
See the ESP stock overview for the latest quote and news, or the ESP chart for price history and technical indicators.
ESP income statement FAQ
What is Espey Mfg. & Electronics's annual revenue?
Espey Mfg. & Electronics reported total revenue of $46.1 million for fiscal year 2026, which ended on June 30, 2026. That was up 4.9% from $44.0 million the previous year.
Is Espey Mfg. & Electronics profitable?
Yes. Espey Mfg. & Electronics reported net income of $11.2 million in fiscal 2026, a net profit margin of 24.2%; its operating margin was 25.1%.
What is Espey Mfg. & Electronics's gross margin?
Espey Mfg. & Electronics's gross margin was 35.3% in fiscal 2026: for every $100 of revenue, Espey Mfg. & Electronics kept $35 after the direct cost of its products and services.
How much does Espey Mfg. & Electronics spend on research and development?
Espey Mfg. & Electronics spent $0.1 million on research and development in fiscal 2026, 0.2% of revenue.
How fast is Espey Mfg. & Electronics growing?
Revenue grew 10.7% a year on average over the last five fiscal years, from $27.7 million to $46.1 million.
What are Espey Mfg. & Electronics's earnings per share?
Espey Mfg. & Electronics earned $3.89 per diluted share in fiscal 2026, compared with $3.13 a year earlier.
When will Espey Mfg. & Electronics report its next earnings?
Espey Mfg. & Electronics is expected to report results for the quarter ending September 30, 2026 on November 11, 2026.
When does Espey Mfg. & Electronics's fiscal year end?
Espey Mfg. & Electronics's fiscal year ends in June. The latest annual report covers the year ended June 30, 2026 and was filed on September 23, 2026.