Sono-Tek Q4 Sales Up 10% to $5.6M, FY Gross Margin Expands to 51%
SOTK•Sono-Tek posted FY 2026 revenue of $20.9 million with gross margin at 51%, operating income up 81% to $1.82 million and net income up 42% to $1.81 million. Q4 sales rose 10% to $5.6 million, net income jumped 70% to $557,043 and backlog reached $9.1 million, supporting FY 2027 growth.
1. Fiscal 2026 Financial Performance
Sono-Tek recorded net sales of $20.9 million in fiscal 2026, a 2% increase from the prior year. Gross profit rose 8% to $10.56 million, lifting margin to 51%. Operating income jumped 81% to $1.82 million and net income increased 42% to $1.81 million, driven by favorable product mix and higher U.S. sales.
2. Q4 Fiscal 2026 Highlights
In the fourth quarter, net sales climbed 10% to $5.6 million while gross margin expanded to 50%, up from 47%. Operating income more than doubled to $601,000 and net income surged 70% to $557,043, supported by robust high-ASP system shipments.
3. Backlog and Balance Sheet
The company ended FY 2026 with $14.8 million in cash, cash equivalents and marketable securities and no debt. Equipment and service backlog reached $9.12 million, up 5% year-over-year and near record levels, underscoring strong demand for complex production systems.
4. Outlook for FY 2027
Sono-Tek expects flat to modest year-over-year revenue growth in FY 2027, driven by continued momentum in the medical sector and high-ASP production systems in the first half. Near-term clean energy orders face uncertainty from policy shifts, but the strong backlog supports growth forecasts.
