LGL Q2 FY26 net loss widens to $353,000; revenue rises 24.8% to $1.15 million
LGL•Q2 FY26 results
- The LGL Group reported Q2 2026 revenue of $1.15 million, up 24.8% from a year earlier.
- Net loss attributable to common stockholders widened to $353,000; loss per diluted share was $0.06.
- Gross margin fell 7.8 percentage points to 49.2% on volume-based pricing to a single customer tied to higher order volume.
Backlog, orders and liquidity
- Electronic Instruments backlog climbed to $3.63 million at June 30, 2026; orders totaled $6 million through July 31, 2026.
- Cash, cash equivalents and marketable securities totaled $45.2 million; a July rights offering raised $41.8 million, lifting cash above $86 million.
