Revenue: As of FY2026 Q1, the actual value is USD 9.093 M.EPS: As of FY2026 Q1, the actual value is USD 0.76.EBIT: As of FY2026 Q1, the actual value is USD 1.593 M.<h3>Segment Revenue</h3><ul><li>Net sales for the three months ended September 30, 2025, were $9,092,876, a decrease from $10,443,218 in the same period in 2024, representing a 12.9% decline. This decrease was primarily due to fewer deliveries and milestones met during the quarter, particularly in the magnetics, power supply, and build-to-print product groups.</li></ul><h3>Operational Metrics</h3><ul><li>Gross Profit: For the three months ended September 30, 2025, gross profit was $3,217,002, compared to $2,800,882 in the same period in 2024. The gross profit margin increased to 35.4% from 26.8% due to product mix, labor cost efficiencies, and negotiated savings on material purchases.</li><li>Net Income: Net income for the three months ended September 30, 2025, was $2,169,836, compared to $1,598,317 for the same period in 2024. The increase was driven by higher gross profits, increased interest income, and a lower provision for income taxes.</li></ul><h3>Cash Flow</h3><ul><li>Operating Cash Flow: Net cash provided by operating activities was $5,720,090 for the three months ended September 30, 2025, compared to $1,389,114 in the same period in 2024. This increase was primarily due to an increase in contract liabilities and a decrease in trade accounts receivables.</li><li>Investing Cash Flow: Net cash used in investing activities was - $243,436 for the three months ended September 30, 2025, compared to - $438,769 in the same period in 2024, due to less purchased investment securities and grant proceeds received.</li><li>Financing Cash Flow: Net cash used in financing activities was - $2,119,072 for the three months ended September 30, 2025, compared to - $488,417 in the same period in 2024, primarily due to increased dividends paid.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: Management expects revenues to be higher in fiscal year 2026 than in fiscal year 2025, driven by orders already in the backlog expected to be shipped before the end of fiscal year 2026. Net income for fiscal year 2026 is expected to approximate net income from fiscal year 2025.</li><li>Non-Core Business: The Company received a $3.4 million funding award for facility and capital equipment upgrades, with $1,014,804 received in milestone reimbursements as of September 30, 2025. The Company must invest approximately 15% or $508,000 of company funds over and above the award for these improvements.</li></ul>

Espey Mfg. & Electronics | 10-Q: FY2026 Q1 Revenue: USD 9.093 M