M-tron Industries, Inc. (MPTI) Income Statement
MPTI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsMPTI revenue and net income
Where MPTI's revenue goes
2025Each bar shows an amount and its share of revenue. MPTI kept 15.5% of revenue as net income.
MPTI profit margins
MPTI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +11.0% | +19.6% | +12.7% | — |
| Gross profit | +6.7% | +28.6% | +18.6% | — |
| Operating income | +9.5% | +53.0% | +27.7% | — |
| Net income | +10.6% | +67.5% | +29.6% | — |
| EPS (diluted) | +0.4% | +80.6% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MPTI quarterly EPS vs estimates
M-tron Industries beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: November 11, 2026 (estimate $0.51).
MPTI income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | $54.4M | $49.0M | $41.2M | $31.8M | $26.7M | $30.0M |
| Cost of revenue | $30.3M | $26.4M | $24.4M | $20.5M | $17.4M | $19.7M |
| Gross profit | $24.1M | $22.6M | $16.8M | $11.3M | $9.3M | $10.3M |
| Research & development | — | $2.8M | $2.2M | $2.0M | $2.0M | $2.0M |
| Sales, general & admin | $13.9M | $13.2M | $10.0M | $8.5M | $7.2M | $7.3M |
| Total operating expenses | $13.9M | $13.2M | $12.5M | $8.5M | $7.2M | $7.3M |
| Operating income | $10.3M | $9.4M | $4.3M | $2.9M | $2.1M | $3.0M |
| Interest expense | — | — | $7,000 | $11,000 | $12,000 | $86,000 |
| Income before taxes | $11.0M | $9.8M | $4.4M | $2.6M | $2.1M | $2.9M |
| Income taxes | $2.5M | $2.1M | $911,000 | $797,000 | $531,000 | $583,000 |
| Net income | $8.4M | $7.6M | $3.5M | $1.8M | $1.6M | $2.3M |
| EBITDA | $12.0M | $10.7M | $5.2M | $3.3M | $2.7M | $3.5M |
| EPS (diluted) | $2.71 | $2.70 | $1.28 | $0.46 | $0.59 | — |
| Gross margin | 44.4% | 46.2% | 40.7% | 35.6% | 35.0% | 34.3% |
| Operating margin | 18.9% | 19.2% | 10.4% | 9.0% | 7.9% | 10.1% |
| Net margin | 15.5% | 15.6% | 8.5% | 5.6% | 5.9% | 7.7% |
| 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 | $15.1M | $14.7M | $14.2M | $14.2M | $13.3M | $12.7M | $12.8M | $13.2M | $11.8M | $11.2M | $10.8M | $10.9M |
| Cost of revenue | $8.9M | $8.1M | $7.6M | $7.9M | $7.5M | $7.3M | $6.8M | $6.9M | $6.3M | $6.4M | $6.1M | $6.2M |
| Gross profit | $6.2M | $6.6M | $6.7M | $6.3M | $5.8M | $5.4M | $6.0M | $6.3M | $5.5M | $4.8M | $4.7M | $4.7M |
| Research & development | $1.1M | — | — | $792,000 | $784,000 | $722,000 | $2.2M | $749,000 | $682,000 | $633,000 | $586,000 | $566,000 |
| Sales, general & admin | $3.4M | $4.0M | $2.8M | $3.7M | $3.9M | $3.4M | $3.5M | $3.4M | $3.4M | $3.0M | $4.8M | $2.6M |
| Total operating expenses | $4.5M | $4.0M | $2.8M | $3.7M | $3.9M | $3.4M | $3.5M | $3.4M | $3.4M | $3.0M | $4.8M | $2.6M |
| Operating income | $1.7M | $2.6M | $3.9M | $2.5M | $1.8M | $2.0M | $2.6M | $2.9M | $2.1M | $1.8M | −$60,000 | $2.0M |
| Interest income | $690,000 | — | — | — | $124,000 | — | — | — | $44,000 | — | — | — |
| Interest expense | — | — | — | — | — | — | — | $63,000 | $44,000 | $32,000 | $1,000 | $1,000 |
| Income before taxes | $2.4M | $2.9M | $4.1M | $2.8M | $2.0M | $2.1M | $2.8M | $3.0M | $2.1M | $1.9M | $53,000 | $2.0M |
| Income taxes | $573,000 | $470,000 | $657,000 | $931,000 | $435,000 | $484,000 | $619,000 | $741,000 | $402,000 | $377,000 | −$20,000 | $460,000 |
| Net income | $1.9M | $2.4M | $3.4M | $1.8M | $1.6M | $1.6M | $2.1M | $2.3M | $1.7M | $1.5M | $73,000 | $1.6M |
| EBITDA | $2.8M | $3.2M | $4.4M | $3.0M | $2.3M | $2.4M | $3.0M | $3.3M | $2.4M | $2.1M | $286,000 | $2.3M |
| EPS (diluted) | $0.43 | $0.67 | $0.99 | $0.63 | $0.53 | $0.56 | $0.73 | $0.81 | $0.63 | $0.53 | $0.04 | $0.57 |
| Gross margin | 41.2% | 44.9% | 46.9% | 44.3% | 43.6% | 42.5% | 47.2% | 47.8% | 46.6% | 42.7% | 43.6% | 42.8% |
| Operating margin | 11.4% | 17.8% | 27.3% | 18.0% | 13.9% | 15.8% | 20.1% | 22.1% | 17.8% | 16.0% | −0.6% | 18.7% |
| Net margin | 12.4% | 16.3% | 24.1% | 12.9% | 11.7% | 12.8% | 16.7% | 17.2% | 14.8% | 13.3% | 0.7% | 14.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MPTI's financial statements (latest annual report filed March 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MPTI financial results
In fiscal year 2025 (ended December 31, 2025), M-tron Industries reported revenue of $54.4 million, up 11.0% from the year before. It had net income of $8.4 million (up 10.6%), a net profit margin of 15.5%. Diluted earnings per share came to $2.71. Over five years revenue grew at an average rate of 12.7% a year.
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MPTI income statement FAQ
What is M-tron Industries's annual revenue?
M-tron Industries reported total revenue of $54.4 million for fiscal year 2025, which ended on December 31, 2025. That was up 11.0% from $49.0 million the previous year.
Is M-tron Industries profitable?
Yes. M-tron Industries reported net income of $8.4 million in fiscal 2025, a net profit margin of 15.5%; its operating margin was 18.9%.
What is M-tron Industries's gross margin?
M-tron Industries's gross margin was 44.4% in fiscal 2025: for every $100 of revenue, M-tron Industries kept $44 after the direct cost of its products and services.
How fast is M-tron Industries growing?
Revenue grew 12.7% a year on average over the last five fiscal years, from $30.0 million to $54.4 million.
What are M-tron Industries's earnings per share?
M-tron Industries earned $2.71 per diluted share in fiscal 2025, compared with $2.70 a year earlier.
When will M-tron Industries report its next earnings?
M-tron Industries is expected to report results for the quarter ending September 30, 2026 on November 11, 2026 after the market closes.
When does M-tron Industries's fiscal year end?
M-tron Industries's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 26, 2026.