Esco Tech | 10-K: FY2025 Revenue Misses Estimate at USD 1.095 B

Revenue: As of FY2025, the actual value is USD 1.095 B, missing the estimate of USD 1.115 B.

EPS: As of FY2025, the actual value is USD 4.49.

EBIT: As of FY2025, the actual value is USD 170.36 M.

Aerospace & Defense (A&D) Segment

• Revenue: $478.2 million, a 40.4% increase from 2024, driven by a $94.1 million increase in navy revenues and a $39.8 million increase in commercial aerospace revenues.
• EBIT: $125.1 million, a 45.8% increase from 2024, primarily due to higher sales volumes and price increases, partially offset by inflationary pressures.
• Backlog: $803.0 million at September 30, 2025, up from $385.6 million at September 30, 2024.

Utility Solutions Group (USG) Segment

• Revenue: $380.0 million, a 3.0% increase from 2024, mainly due to a $17.8 million increase in net sales at Doble.
• EBIT: $94.7 million, a 10.2% increase from 2024, driven by higher sales volumes at Doble with favorable product mix and price increases.
• Backlog: $143.4 million at September 30, 2025, up from $120.0 million at September 30, 2024.

RF Test & Measurement (Test) Segment

• Revenue: $237.2 million, a 13.2% increase from 2024, due to higher test and measurement, industrial shielding, medical services, and filters volumes.
• EBIT: $34.1 million, a 19.2% increase from 2024, primarily due to increased EBIT from U.S. and European operations and price increases.
• Backlog: $187.2 million at September 30, 2025, up from $158.6 million at September 30, 2024.

Outlook / Guidance

• The company expects to recognize approximately 64% of its total backlog in the fiscal year ending September 30, 2026.
• The company continues to focus on new products that incorporate proprietary design and process technologies, with meaningful growth prospects in primary served markets.