Electro-Sensors Q1 Revenue Climbs 15.2% to $2.58M, Margin Hits 51.3%
Electro-Sensors reported record Q1 revenue of $2.579 million, a 15.2% year-over-year increase, with gross margin expanding by 290 basis points to 51.3%. The company posted an $218,000 operating loss and ended the quarter with $10.8 million in cash and investments.
1. Financial Results
Electro-Sensors posted Q1 FY2026 net sales of $2.579 million, a 15.2% increase over Q1 FY2025. Gross profit rose to $1.322 million, driving a 51.3% gross margin, up from 48.4% a year earlier.
2. Profitability Metrics
Operating loss widened to $218,000, compared with $169,000 in the prior-year quarter, resulting in an 8.3% operating margin. Loss before income tax benefit increased 81.5% to $147,000, equating to a diluted loss per share of $0.03.
3. Balance Sheet Position
The company ended the quarter with $10.8 million in cash and investments, up from $10.6 million at year-end 2025. Total assets stood at $16.059 million against current liabilities of $1.161 million, supporting strong liquidity.
4. Sales Drivers
Revenue growth was driven by higher wired sensor sales and expanded international agricultural applications. Management highlighted robust demand for both wired products and hazard monitoring systems in global markets.