SCI Engineered Materials Q2 FY26 net income rises 221% to $1.17 million; revenue more than doubled to $9.49 million - SCIA News | RalliesSCI Engineered Materials Q2 FY26 net income rises 221% to $1.17 million; revenue more than doubled to $9.49 million
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SCIA• Quarterly results
- SCI Engineered Materials posted Q2 net income of $1.17 million, up 221.08% year over year, as revenue climbed to $9.49 million.
- Diluted EPS rose to $0.26 from $0.08; gross margin narrowed 8.1 percentage points to 24%.
First-half performance
- For the first half, net income increased 142.16% to $1.63 million on revenue of $17.65 million.
Cash flow and balance sheet
- Operating cash flow totaled $3.09 million; cash and cash equivalents ended at $9.89 million.
Insurance proceeds and fraud expense
- The company expects $250,000 of insurance proceeds to reduce a prior fraud expense to $312,026 once realized.
